Research and Markets (http://www.researchandmarkets.com/research/lltx9r/global_automotive) has announced the addition of the "Global Automotive Inductive Wireless Charging Systems Market 2014-2018" report to their offering.

The Global Automotive Inductive Wireless Charging Systems market to grow at a CAGR of 24.31% over the period 2013-2018.

Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.

The increase in environmental concern is considered as one of the major trends in the Global Automotive Inductive Wireless Charging Systems market. Governments across the world are playing an active role in protecting the environment and are making efforts to reduce greenhouse gas emissions and their carbon footprint. Developed countries are taking the lead and are helping developing countries invest more in technologies that reduce the negative impact on the environment.

According to the report, the Global Automotive Inductive Wireless Charging Systems market has gained importance, mainly because of the increase in government subsidies for manufacturers and incentives for buyers of such vehicles. Various governments are taking an active interest in reducing the increasing emission levels of greenhouse gases. Governments across the world are also actively involved in promoting clean and efficient methods of transportation.

Further, the report states that one of the major challenges that hinder the growth of this market is the high installation cost. The technology of wireless inductive charging is relatively new and the costs associated with the implementation of such technology on a commercial scale are high. The cost of components used in the development and installation of inductive wireless charging systems is high.

Key Vendors

  • Bosch
  • Qualcomm
  • Texas Instruments
  • WiTricity

Other Prominent Vendors

  • AeroVironment
  • ChargePoint
  • ECOtality
  • Evatran
  • Fulton Innovation
  • Gill Industries
  • Leviton Manufacturing Company
  • Mojo Mobility
  • PowerbyProxi

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Geographical Segmentation
  8. Buying Criteria
  9. Market Growth Drivers
  10. Drivers and their Impact
  11. Market Challenges
  12. Impact of Drivers and Challenges
  13. Market Trends
  14. Trends and their Impact
  15. Vendor Landscape
  16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/lltx9r/global_automotive

Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716Sector: Automotive