Market Overview:
The global electric charging station market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles (EVs) and the rising awareness about environment-friendly transportation options. The plug-in charging system segment is expected to dominate the global electric charging station market during the forecast period, owing to its easy installation and low cost as compared to other types of charging systems. However, wireless charging system is projected to grow at a higher CAGR due its growing popularity among consumers owing to its convenience and ease of use. Public type Charging Station are mainly used in commercial areas such as airports, railway stations, bus terminals etc.
Product Definition:
An electric charging station is a public or private facility that provides electric vehicle charging services. The use of electric charging stations is growing as more people switch to electric vehicles.
Plug-In Charging System:
Plug-in charging system is a technology that enables the user to charge electric vehicles by plugging the charging cable into an electrical outlet. The primary function of plug-in charging systems is to provide power for powering electric vehicle (EV) accessories, such as interior lighting, heating and ventilation systems, mobile electronics devices such as smartphones and tablets, electronic displays and entertainment systems.
Wireless Charging System:
The global wireless charging system market is expected to witness significant growth over the forecast period. The growing demand for electric vehicles and rapid development in wireless technology are primarily driving the growth of this market. In addition, increasing penetration of smartphones with fast-charging capabilities is also fueling the demand for a wireless charging system in electric charging stations.
Wireless chargers have been gaining popularity among consumers as they allow using electronic devices without plugging them into a power source or an outlet.
Application Insights:
The private type application segment accounted for the largest market share of over 70% in 2017. This is attributed to the growing number of single-family residential homes across developed economies including the U.S., Germany, and France. Moreover, this application segment is expected to witness lucrative growth owing to increasing adoption of electric vehicles in developed countries such as the U.S., Canada, and Japan over the forecast period due to high subsidies provided by governments for promoting electric vehicle usage.
The public type application segment is projected register a CAGR exceeding 12% from 2018 to 2030 owing to increased government funding towards establishing charging stations at commercial places including shopping malls and hotels along with rising awareness about EVs among consumers globally through various media channels such as print, radio, television.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing exponential growth in adoption of electric vehicles, which, in turn, is fueling demand for charging infrastructure across countries such as China and Japan. Moreover, increasing investments by governments to promote electric vehicle adoption are further driving industry growth. For instance, China has set a target of selling five million EVs by 2020.
Europe was the second-largest contributor to global industry expansion with Germany occupying a significant market share owing to high production volumes of plug-in hybrid Electric Vehicles (PHEVs) and battery-electric vehicles (BEVs). However, sluggish sales of PHEVs and BEVs have hampered regional demand since 2016 despite government incentives offered on these cars’ purchase price until 2019 or any other available subsidy till 2025.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% from 2016 to 2020. This is primarily due to the increasing awareness about the benefits of electric vehicles such as low emissions and fuel efficiency.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. For instance, in China, a subsidy of up to ,800 is offered for each electric vehicle purchase. This is expected to drive the growth of the electric charging station market during the forecast period.
- Development of smart grids: Smart grids are being developed with features such as two-way communication between utilities and consumers, real-time pricing, and demand response programs that will help manage peak loads better. These features are also helping in expandingthe useofelectricvehiclesandchargingstationsacrosstheworldwidely .Thiswillalsoprovideafurtherboosttotheelectricchargingstationmarketduringtheforecastperiod .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Charging Station Market Research Report
By Type
Plug-In Charging System, Wireless Charging System
By Application
Private Type, Public Type
By Companies
Schneider Electric SE, Siemens AG, ChargePoint Inc., Tesla, Inc., EVgo Services LLC, Webasto SE, Chargemaster PLC, General Electric Company, Leviton Manufacturing Co., Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electric Charging Station Market Report Segments:
The global Electric Charging Station market is segmented on the basis of:
Types
Plug-In Charging System, Wireless Charging System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Private Type, Public Type
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric SE
- Siemens AG
- ChargePoint Inc.
- Tesla, Inc.
- EVgo Services LLC
- Webasto SE
- Chargemaster PLC
- General Electric Company
- Leviton Manufacturing Co., Inc.
Highlights of The Electric Charging Station Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plug-In Charging System
- Wireless Charging System
- By Application:
- Private Type
- Public Type
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Charging Station Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric charging station is a facility that allows drivers of electric vehicles to recharge their batteries.
Some of the major players in the electric charging station market are Schneider Electric SE, Siemens AG, ChargePoint Inc., Tesla, Inc., EVgo Services LLC, Webasto SE, Chargemaster PLC, General Electric Company, Leviton Manufacturing Co., Inc..
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Charging Station Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Charging Station Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Charging Station Market - Supply Chain
4.5. Global Electric Charging Station Market Forecast
4.5.1. Electric Charging Station Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Charging Station Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Charging Station Market Absolute $ Opportunity
5. Global Electric Charging Station Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Charging Station Market Size and Volume Forecast by Type
5.3.1. Plug-In Charging System
5.3.2. Wireless Charging System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Charging Station Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Charging Station Market Size and Volume Forecast by Application
6.3.1. Private Type
6.3.2. Public Type
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Charging Station Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Charging Station Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Charging Station Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Charging Station Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Charging Station Demand Share Forecast, 2019-2026
9. North America Electric Charging Station Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Charging Station Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Charging Station Market Size and Volume Forecast by Application
9.4.1. Private Type
9.4.2. Public Type
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Charging Station Market Size and Volume Forecast by Type
9.7.1. Plug-In Charging System
9.7.2. Wireless Charging System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Charging Station Demand Share Forecast, 2019-2026
10. Latin America Electric Charging Station Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Charging Station Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Charging Station Market Size and Volume Forecast by Application
10.4.1. Private Type
10.4.2. Public Type
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Charging Station Market Size and Volume Forecast by Type
10.7.1. Plug-In Charging System
10.7.2. Wireless Charging System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Charging Station Demand Share Forecast, 2019-2026
11. Europe Electric Charging Station Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Charging Station Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Charging Station Market Size and Volume Forecast by Application
11.4.1. Private Type
11.4.2. Public Type
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Charging Station Market Size and Volume Forecast by Type
11.7.1. Plug-In Charging System
11.7.2. Wireless Charging System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Charging Station Demand Share, 2019-2026
12. Asia Pacific Electric Charging Station Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Charging Station Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Charging Station Market Size and Volume Forecast by Application
12.4.1. Private Type
12.4.2. Public Type
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Charging Station Market Size and Volume Forecast by Type
12.7.1. Plug-In Charging System
12.7.2. Wireless Charging System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Charging Station Demand Share, 2019-2026
13. Middle East & Africa Electric Charging Station Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Charging Station Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Charging Station Market Size and Volume Forecast by Application
13.4.1. Private Type
13.4.2. Public Type
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Charging Station Market Size and Volume Forecast by Type
13.7.1. Plug-In Charging System
13.7.2. Wireless Charging System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Charging Station Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Charging Station Market: Market Share Analysis
14.2. Electric Charging Station Distributors and Customers
14.3. Electric Charging Station Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ChargePoint Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tesla, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EVgo Services LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Webasto SE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Chargemaster PLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. General Electric Company
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leviton Manufacturing Co., Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook