Vehicle Wireless Charging Market To Double Yearly Through 2020
For owners of PHEVs and EVs like the Nissan Leaf and Chevrolet Volt, the prospect of putting away the cord for wireless induction charging grows with each passing year, doubling per year toward the next decade.
Autoblog Green reports research firm Frost & Sullivan forecasts the wireless market will experience a compound growth of 126.6 percent between 2012 and 2020, resulting in nearly 352,000 units sold around the globe. Usage of the technology is expected to be at 1.2 percent of public and private charging in North America, 2.6 percent of the same in Europe — where adoption will be at its most rapid — while 70 percent of overall wireless charging will likely be in the home.
As for who all is throwing their support behind the technology, the firm says Renault, Nissan, Daimler, Volvo, BMW and Toyota are working on chargers for their upcoming EVs, with an additional 10 automakers entering the testing phase. The current obstacles for greater adoption include charging time, charging rates and production costs.
Finally, Frost & Sullivan expect on-the-road wireless charging will arrive in the next decade while stationary offerings “will be most sought after in the near-term.”
Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.
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