Global Electric Vehicle Charging Station Market (2022 to 2027) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Electric Vehicle Charging Station Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global electric vehicle charging station market reached a value of US$ 6.97 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 51.25 Billion by 2027, exhibiting a CAGR of 39.60% during 2022-2027.
Companies Mentioned
- ABB Ltd.
- Blink Charging Co.
- BP plc
- ChargePoint Inc.
- Daimler AG
- Eaton Corporation PLC
- EFACEC Power Solutions SGPS S.A.
- Engie SA
- EVgo Services LLC (LS Power Development LLC)
- Renault Group
- Schneider Electric SE
- SemaConnect
- Siemens AG
- Tata Power Company Limited
- Tesla Inc.
Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
An electric vehicle charging station, or electric vehicle supply equipment (EVSE), is a device used for charging plug-in electric vehicles (EVs), such as hybrids, electric cars and neighborhood EVs. The charging stations operate through a software application, energy controller, network operating center, facility meter and energy conversion system connected to the power grid. The charger unit provides charging of varying levels. Level 1 charging stations utilize standard household outlet, level 2 stations are compatible with all-electric vehicles and consists of a cord that plugs directly into the vehicle and level 3 stations are direct current (DC) fast chargers that provide rapid charging of the vehicles. These stations also provide accurate readings of emission levels and aid in minimizing the overall maintenance costs
The increasing demand for EVs across the globe is one of the key factors driving the market. With the rising environmental consciousness, the consumer preference is rapidly shifting towards passenger and commercial EVs. Moreover, various technological advancements, such as the integration of all-EV charging stations systems with the Internet of Things (IoT) and real-time information solutions, are providing a thrust to the market growth. These technologies assist the users in locating the nearby charging stations, provide real-time data about the availability of vacant spots and schedule convenient slots for fill ups.
In line with this, various product innovations, such as the development of wireless induction pads that aid in rapid recharging with minimal equipment requirements, are positively impacting the market growth. Other factors, including the implementation of various government initiatives to increase the adoption of hybrid and EVs, along with widespread deployment of supercharging stations in remote areas, are anticipated to drive the market toward growth
Key Questions Answered in This Report:
- How has the global electric vehicle charging station market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global electric vehicle charging station market?
- What are the key regional markets?
- What is the breakup of the market based on the charging station type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the installation type?
- What is the breakup of the market based on the charging level?
- What is the breakup of the market based on the connector type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global electric vehicle charging station market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electric Vehicle Charging Station Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Charging Station Type
7 Market Breakup by Vehicle Type
8 Market Breakup by Installation Type
9 Market Breakup by Charging Level
10 Market Breakup by Connector Type
11 Market Breakup by Application
12 Market Breakup by Region
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/k3fp2a
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