Frost & Sullivan: inductive (wireless) EV charging to grow with 126.6% CAGR 2012-2020
Green Car Congress
JUNE 5, 2014
'A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% from 2012 to 2020, with approximately 351,900 units likely to be sold. Inductive charging will account for 1.2% of both public and residential charging in North America and more than 2.6% in Europe, according to the report.
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