EVSE Market To Grow By Compound Annual Rate Of 33.13% Through 2018

SEP 5 2014 BY MARK KANE 2

Infiniti LE Concept Gets A Wireless Charge

Infiniti LE Concept Gets A Wireless Charge

According to some new reports on charging equipment for electric vehicles (Global Charging Equipment for EV Market 2014-2018 and Wireless Car Charging: Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019), the global market is forecast to grow at a CAGR of 33.13% over the period 2013-2018.

While high growth of charging stations is something natural, interesting is that the wireless car charging market is expected to grow from $1.7 million to $4.6 billion by 2019.

$4.6 billion translates to some 1.5 million wireless systems for cars at $3,000 per unit. Are such high numbers possible in just a few years?

Well, we will know the real progress in 2019.  However, those who would like to familiarize with details of these predictions must purchase access and it doesn’t come cheap.

Source: ReportsnReports.com

Categories: Charging

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2 Comments on "EVSE Market To Grow By Compound Annual Rate Of 33.13% Through 2018"

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I wonder if they have enough decimals in this prediction? Who would be so dull and make predictions with less than four significant digits?

Now buying an EV guarantees you a good parking spot too. If I wasn’t sold already.