The global electric vehicle charging infrastructure market size reached USD 5.64 Billion in 2020 and is expected to register a revenue CAGR of 38.6%, during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of Electric Vehicles (EVs) is expected to drive market revenue growth, as carbon emissions continue to rise and more stringent norms are being deployed. Increased adoption of plug-in electric cars is being driven by rising levels of carbon emissions and other harmful pollutants produced by transportation fleets.
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Key Market Competitors
The global Electric Vehicle Charging Infrastructure industry is widely fragmented due to the presence of numerous competitors across several regional and local segments of the market. These players are said to dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies operating in this market are in high competition with one another in terms of technological capabilities, product development and innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Chargepoint, Inc., Tesla Inc., Chargemaster Limited (BP Pulse), ABB Ltd, Electrify America LLC, EV Connect, Inc., Greenlots, SemaConnect, Inc., ClipperCreek, Inc., and Siemens AG.
Key Highlights From The Report
- Normal charge segment is expected to lead in terms of revenue over the forecast period due to rising demand for normal chargers among the working class owing to low cost, particularly in developing countries with larger demographics and increasing need for low-cost charging.
- Asia Pacific is expected to account for a larger revenue share than other regional markets over the forecast period. Increasing demand for affordably priced electric vehicles for regular usage is expected to boost market revenue growth in this region.
- In August 2024, Shanghai Chargedot New Energy Technology Co., Ltd. was acquired by ABB Ltd. The acquisition is intended to improve ABB’s relationship with major Chinese electric vehicle manufacturers and diversify the company’s e-Mobility portfolio with software and hardware customized to local demand, and also service offerings.
Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Electric Vehicle Charging Infrastructure Market on the basis of infrastructure provider, charging infrastructure, charging level, vehicle type, installation type, application, and region:
- Infrastructure Provider Outlook (Revenue, USD Billion; 2017-2027)
- Charging Point Operator
- E-Mobility Service Provider
- Charging Hubs
- Charging Infrastructure Type Outlook (Revenue, USD Billion; 2017-2027)
- CCS
- CHADEMO
- Normal Charging
- Tesla Supercharger
- TYPE-2 (IEC 62196)
- Charging Level Outlook (Revenue, USD Billion; 2017-2027)
- Level 1 (120 V)
- Level 2 (208 V – 240 V)
- Level 3 (UPTO 600 V)
- Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
- Electric bike
- Plug-in hybrid PHEV
- EV passenger cars
- Heavy delivery vans
- Others
- Installation Type Outlook (Revenue, USD Billion; 2017-2027)
- Portable Charger
- Fixed Charger
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Public
- Private
Regions Covered in This Report:
- North America(U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(U.K., Germany, France, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Key Factors influencing market remuneration:
- The global Electric Vehicle Charging Infrastructure market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
- The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
- Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
- The application landscape of the global Electric Vehicle Charging Infrastructure market can be categorized into For Human, For Animals, and Others.
- The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
- Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Electric Vehicle Charging Infrastructure Market Segmentation & Impact Analysis
4.1. Electric Vehicle Charging Infrastructure Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing concern about environmental pollution
4.2.2.2. Government policies and subsidies
4.2.2.3. Heavy investments from automakers in EV
4.2.2.4. Demand for increasing vehicle range per charge
4.2.3. Market restraints analysis
4.2.3.1. Lack of standardization in charging infrastructure
4.2.3.2. High costs of setting-up EV infrastructure
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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