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Global Wireless Car Charging Market to Reach $3.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Wireless Car Charging estimated at US$374.7 Million in the year 2020, is projected to reach a revised size of US$3.8 Billion by 2027, growing at a CAGR of 39.2% over the period 2020-2027.
Hybrid Car, one of the segments analyzed in the report, is projected to record 31% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electric Car segment is readjusted to a revised 44.2% CAGR for the next 7-year period.