Aarkstore Market Research
Global In-Car Wireless Charging Market 2023
Summary Global In-Car Wireless Charging Market Research Report and Forecast 2023
Global In-Car Wireless Charging Market, By Technology, Charging Standard, Device Type, Vehicle Type, Distribution, and Region. Forecast To 2023. The global in-car wireless charging market to grow at 40.8% CAGR during 2017-2023.
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The global in-car wireless charging market is expected to reach USD 13,748 million by 2023. Based on the technology, the segment inductive power transfer is expected to lead the market by generating the highest revenue of USD 1182.6 million in 2017. Based on the charging standard, the Qi standard segment led the market by generating the highest revenue of USD 1410.5 million in 2017. Based on the device type, the smartphones segment led the market by generating the highest revenue of USD 1441.8 million in 2017.
Major Drivers In-car wireless charging is based on wireless technology and used for powering up devices such as smartphones, smartwatches, and music players by using charging transmitters and receiver pads. These charging devices are highly adopted in electric vehicles, fuel-based luxury cars, and premium vehicles.
• Emergence of wireless infrastructure. • Increasing demand for hassle free charging solution. • Rising demand luxury and semi-luxury highperformance vehicle.
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