Wireless charging for electric vehicles is today’s most cutting-edge technology. Why? It is the most efficient, futuristic, scalable–in short–awesome alternative we have to gasoline. While tech giants such as Uber are placing their bets on autonomous cars, major key players such as Jaguar Land Rover are mass-producing electric cars. What’s more, Fordis releasing fully-electric SUV and other market players are on the verge of joining the trend.
The more electric cars roam around the city, the more will be the demand for wireless charging. The global wireless electric vehicle charging market is expected to reach $1.48 billion by 2025, growing at a colossal CAGR of 21.8% from 2018 to 2025.This rapid growth is due to rise in sales of electric vehicles and increase in demand for energy-efficient sources as an alternative fuel.