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The wireless car charging market will reach USD 4.6 billion by 2019. The market will face a surge due to the rising adoption of electric vehicles. Electric cars are recharged at a charging station or refuel by using energy stored in rechargeable batteries. This results in less pollution and creates an environment friendly stance as compared to conventional vehicles.Wireless charging will enable a new range of services ranging which includes on-board audio streaming, context-specific notification filtering, and automatic cockpit drill customization. This move follows the trend of wireless charging incorporated in smartphones. The technology will move forward if it comes as an existing standard instead of an additional purchase.
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Wireless technology lets electric cars charge safely and effectively, increasing the industry demand of wireless car charging market over the forecast phase (2014-2020). Increased funding on EVSEs (electric vehicle supply equipment) by the government poses a risk for the growth of the wireless car charging market. Electric cars do not emit any noise, which could pose a risk to visually impaired that rely on noises to cross streets.
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