Electric Vehicle Charging Station Market – Global Opportunities & Forecast, 2020-2027

 

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Electric Vehicle Charging Station Market:

The major factors responsible for the growth of the global electric vehicle charging station market include the rising demand for electric vehicles and increasing awareness among consumers related to the negative impacts of gas emission through conventional vehicles globally. Furthermore, favorable government policies and regulations, coupled with the growing focus of government agencies to offer funds for the development of electric vehicle charging stations is further fuelling the growth of the electric vehicle charging station market. Moreover, different organizations, including Electric Vehicle Charging Association (EVCA), AVERE (The European Association for Electromobility), CHAdeMO Association, among others, are working for the deployment of advanced electric vehicle charging infrastructure. This factor will further accelerate the growth of the electric vehicle charging station market in the upcoming years.

The rising convenience of consumers include home charging options for electric vehicles, followed by the development of new technologies such as wireless charging and ultra-fast DC charging solution will further surge the demand for the electric vehicle charging station market. In addition to this, the rising trend towards the adoption of emission-free vehicles among transport companies and the expanding electric bus market will further energize the demand for the electric vehicle charging station market during the forecast period. On the other edge of the spectrum, the high installation prices of these electric vehicle charging stations will hinder the global electric vehicle charging station market.

This report splits the Electric Vehicle Charging Station Market as follows:

By Charging Level:

·         Level 1

·         Level 2

·         Level 3

By Application Type:

·         Public

·         Private

By Installation Type:

·         Portable

·         Fixed

By Charging Station Type:

·         Normal Charging

·         Super Charging

·         Inductive Charging

By Charging Infrastructure Type:

·         CCS

·         CHAdeMO

·         Normal Charger

·         Tesla Supercharger

·         Type 2 (IEC 62196)

By Electric Bus Charging Type:

·         Off-Board Top-Down Pantograph

·         Off-Board Bottom-Up Pantograph

·         Charging via connector

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The electric vehicle charging station market report also scans the competitive landscape and profiles the major players operating in the market, including BYD Company Limited, Nissan Motor Company, Tesla Inc., ABB Group, Volkswagen AG, Bosch, Leviton Efacec Power Solutions, Yazaki, and Mitsubishi Electric, among others.

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

 

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