The global in-car wireless charging system market is still in the nascent stage of development and its adoption is majorly limited to premium luxury cars, and to an extent in mid-segment cars. With the advancements in technology, fast improving wireless infrastructure, and preference for hassle-free charging solutions while driving, the use of wireless charging systems are presumed to find applications beyond premium and luxury cars into sports cars, mid-segment cars, basic cars, and commercial vehicles.  Improving standard of life and consequent increase in discretionary income coupled with the evolving digital habits of consumers and desire for comfort has had positive impact on the use of wireless charging units in luxury and mid-segment passenger cars. In addition, a notable increase in production of luxury coach buses from private companies is further expected to boost market demand as these players look to offer wireless charging systems as an add-on package for traveler comfort and luxury. The growth in the in-car wireless charging systems is also spurred by the huge investments made by automotive manufacturers in a bid to make their vehicles smarter.

The research study titled “Global In-car Wireless Charging System Market – Growth, Future Prospects and Competitive Analysis, 2021 – 2029” offers strategic insights into the global In-car wireless charging system industry along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of market segments based on sales channel, end-use application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2019 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading wireless charging solution providers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include Apple, Inc., Qualcomm, Inc., Powermat Technologies Ltd., Mojo Mobility, Inc., PowerbyProxi, and Put2Go among others. Some of the car makers that offer wireless chargers in their selective models include Toyota Motor Corporation, General Motors, The Ford Motor Company, Jaguar, The Hyundai Motor Company, BMW AG, Mercedes-Benz, and Audi AG. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the global in-car wireless charging system industry
• Comparative analysis for different segments for the years 2020 & 2029
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
• Trailing 2-Year market size data (2019 – 2020)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global in-car wireless charging system market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of In-car Wireless Charging System market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the In-car Wireless Charging System market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of In-car Wireless Charging System market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the In-car Wireless Charging System market?
• Which is the largest regional market for In-car Wireless Charging System market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving In-car Wireless Charging System market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the In-car Wireless Charging System market worldwide?