The global Electric Vehicle Charging Stations Market is forecasted to be worth USD 49.53 Billion by 2027, according to a current analysis by Emergen Research. An increase in the number of electric vehicles and advancement in technology will drive the demand for the market.
To promote the electric vehicle charging infrastructure, a lot of governments at various levels have crafted regulations through mandating the "make-ready" infrastructure in buildings. Governments all over the world are investing heavily in the charging infrastructure to provide ample opportunities for the OEMs to expand their revenue and business. The recent advancements in the technology of EVs have provided a lucrative opportunity for its growth to transform the transportation sector. The electric vehicles are anticipated to approach cost-competitiveness with conventional fuel vehicles, due to the increased production volumes and reduction in battery costs during the forecast period.
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The report provides detailed insights into Electric Vehicle Charging Stations market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Electric Vehicle Charging Stations market size over the forecast period, 2020–2028. The report includes profiles of major players in the Electric Vehicle Charging Stations market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Electric Vehicle Charging Stations market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Electric Vehicle Charging Stations market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Electric Vehicle Charging Stations market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Electric Vehicle Charging Stations market revenue growth to a significant extent over the forecast period.
Top key vendors in Electric Vehicle Charging Stations Market include are:
ABB Ltd.,
Chargepoint, Inc.,
Tesla Inc.,
EVGO Services LLC,
BP Chargemaster,
SemaConnect Network,
EV Connect,
Greenlots,
Electrify America LLC., and
OPConnect, Inc., among others.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Charging Infrastructure Type Outlook (Revenue, USD Billion; 2017-2027)
- CCS
- CHADEMO
- Normal Charging
- Tesla Supercharger
- Type-2
- 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 Chargers
- Fixed Chargers
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Public
- Private
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Electric Vehicle Charging Stations Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Electric Vehicle Charging Stations industry
North America Electric Vehicle Charging Stations market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Electric Vehicle Charging Stations growth strategies and initiatives.
Asia Pacific Electric Vehicle Charging Stations market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Electric Vehicle Charging Stations market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Electric Vehicle Charging Stations market revenue growth in Asia Pacific.
Europe Electric Vehicle Charging Stations market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Electric Vehicle Charging Stations market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Electric Vehicle Charging Stations revenue growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Electric Vehicle Charging Stations industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Electric Vehicle Charging Stations market across different regions?
- Who are the major driving forces expected to decide the fate of the Electric Vehicle Charging Stations industry worldwide?
- Who are the prominent market players making a mark in the Electric Vehicle Charging Stations market with their winning strategies?
- Which Electric Vehicle Charging Stations industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Electric Vehicle Charging Stations market?
Table of Content
Chapter 1. Methodology Sources
1.1. Electric Vehicle Charging Stations 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. Electric Vehicle Charging Stations Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Electric Vehicle Charging Stations Market Segmentation Impact Analysis
4.1. Electric Vehicle Charging Stations Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Electric Vehicle Charging Stations Market indicators analysis
4.2.2. Electric Vehicle Charging Stations Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Electric Vehicle Charging Stations Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Electric Vehicle Charging Stations products
4.2.3.2. Availability of renewable sources of energy
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
Chapter 10. Competitive Landscape
10.1. Electric Vehicle Charging Stations Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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