Market Overview:
The global electric vehicle AC 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 across the globe and rising awareness about the benefits of using electric vehicles. The global electric vehicle AC charging station market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into floor-standing stations and wall-mounted stations. Floor-standing stations are further sub-segmented into standard floor-standing chargers and fast chargers. Wall-mounted stations are further sub-segmented into single socket chargers and dual socket chargers. On the basis of application,the market is segmented into residential charging, public charging,and commercialcharging.
Product Definition:
An electric vehicle AC charging station is a device that allows an electric vehicle to recharge its battery by plugging into an alternating current (AC) outlet. These stations are important because they allow drivers to recharge their vehicles without having to go to a dedicated charging station.
Floor-standing Station:
The floor-standing station is a charging equipment that can charge an electric vehicle using AC. It uses converted DC power to send the current to charge the battery of the electric vehicle. The market for these stations is expected to grow at a significant rate owing to increasing government initiatives towards EV adoption and rising investments in Electric Vehicle (EV) industry. Moreover, growing demand for clean energy and reduction in greenhouse gas emissions are also anticipated to drive market growth over the forecast period.
Wall-mounted Station:
Wall-mounted charging stations are a part of electric vehicle supply equipment. They are used to charge an electric vehicle by plugging it into an electrical wall socket. The charging station is mounted on the wall and has two sockets, one for the power source and another for the car battery.
Application Insights:
The residential charging segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. This can be attributed to growing demand for electric vehicles as a result of increasing awareness regarding environmental protection, coupled with rising purchasing power. Furthermore, EV chargers are installed at homes owing to benefits such as cost-effectiveness and ease of installation; this factor is expected to drive growth over the coming years.
The public charging stations segment was valued at USD 1,227.6 million in 2016 and is projected to witness significant growth during the forecast period owing to increased government support towards promoting electric vehicles across various countries worldwide. Various initiatives taken by governments worldwide including those undertaken by China, Norway, France etc.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share of over 55% in 2017. The region is anticipated to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing government initiatives and investments in the infrastructure development for supporting electric vehicles, which would ultimately drive demand across China and India. For instance, China has set up national standards organizations such as Standards Association of China (SAC) and National Electric Vehicle Administration (NEVA) that are focused on developing policies related to electric vehicles along with providing charging infrastructure support across the country.
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 due to the increasing awareness about the benefits of electric vehicles such as low emissions, fuel efficiency, and low running costs.
- 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 00 is offered for each electric vehicle purchase. This is expected to drive the growth of the AC charging station market during the forecast period.
- Development of smart cities: As governments focus on developing smart cities, there will be an increase in investments in infrastructure development including AC charging stations for electric vehicles. For instance, London has announced plans to invest £500 million in developing its infrastructure for ultra-low emission transport by 2020. This will create opportunities for players operating in this market during the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle AC Charging Station Market Research Report
By Type
Floor-standing Station, Wall-mounted Station
By Application
Residential Charging, Public Charging, Commercial Charging
By Companies
GE, Schneider, AeroVironment, ChargePoint, Bosch, ABB, Aker Wade, Eaton, Beijing New Energy Technology, Chargemaster, Shenzhen SETEC Power, Delta Electronics, Siemens, Hitachi, Legrand, Leviton, NARI Group Corporation
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle AC Charging Station Market Report Segments:
The global Electric Vehicle AC Charging Station market is segmented on the basis of:
Types
Floor-standing Station, Wall-mounted Station
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
Residential Charging, Public Charging, Commercial Charging
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:
- GE
- Schneider
- AeroVironment
- ChargePoint
- Bosch
- ABB
- Aker Wade
- Eaton
- Beijing New Energy Technology
- Chargemaster
- Shenzhen SETEC Power
- Delta Electronics
- Siemens
- Hitachi
- Legrand
- Leviton
- NARI Group Corporation
Highlights of The Electric Vehicle AC 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:
- Floor-standing Station
- Wall-mounted Station
- By Application:
- Residential Charging
- Public Charging
- Commercial Charging
- 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 Vehicle AC 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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- Consumer Insights
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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 vehicle AC charging station is a facility that allows electric vehicles to be charged using alternating current.
Some of the major companies in the electric vehicle ac charging station market are GE, Schneider, AeroVironment, ChargePoint, Bosch, ABB, Aker Wade, Eaton, Beijing New Energy Technology, Chargemaster, Shenzhen SETEC Power, Delta Electronics, Siemens, Hitachi, Legrand, Leviton, NARI Group Corporation.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market - Supply Chain
4.5. Global Electric Vehicle AC Charging Station Market Forecast
4.5.1. Electric Vehicle AC Charging Station Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Vehicle AC Charging Station Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Vehicle AC Charging Station Market Absolute $ Opportunity
5. Global Electric Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Type
5.3.1. Floor-standing Station
5.3.2. Wall-mounted Station
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
6.3.1. Residential Charging
6.3.2. Public Charging
6.3.3. Commercial Charging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Demand Share Forecast, 2019-2026
9. North America Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
9.4.1. Residential Charging
9.4.2. Public Charging
9.4.3. Commercial Charging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Vehicle AC Charging Station Market Size and Volume Forecast by Type
9.7.1. Floor-standing Station
9.7.2. Wall-mounted Station
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 Vehicle AC Charging Station Demand Share Forecast, 2019-2026
10. Latin America Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
10.4.1. Residential Charging
10.4.2. Public Charging
10.4.3. Commercial Charging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Vehicle AC Charging Station Market Size and Volume Forecast by Type
10.7.1. Floor-standing Station
10.7.2. Wall-mounted Station
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 Vehicle AC Charging Station Demand Share Forecast, 2019-2026
11. Europe Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
11.4.1. Residential Charging
11.4.2. Public Charging
11.4.3. Commercial Charging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Vehicle AC Charging Station Market Size and Volume Forecast by Type
11.7.. Floor-standing Station
11.7.2. Wall-mounted Station
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 Vehicle AC Charging Station Demand Share, 2019-2026
12. Asia Pacific Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
12.4.1. Residential Charging
12.4.2. Public Charging
12.4.3. Commercial Charging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Vehicle AC Charging Station Market Size and Volume Forecast by Type
12.7.1. Floor-standing Station
12.7.2. Wall-mounted Station
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 Vehicle AC Charging Station Demand Share, 2019-2026
13. Middle East & Africa Electric Vehicle AC 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 Vehicle AC 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 Vehicle AC Charging Station Market Size and Volume Forecast by Application
13.4.1. Residential Charging
13.4.2. Public Charging
13.4.3. Commercial Charging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Vehicle AC Charging Station Market Size and Volume Forecast by Type
13.7.1. Floor-standing Station
13.7.2. Wall-mounted Station
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 Vehicle AC Charging Station Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Vehicle AC Charging Station Market: Market Share Analysis
14.2. Electric Vehicle AC Charging Station Distributors and Customers
14.3. Electric Vehicle AC Charging Station Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schneider
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AeroVironment
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ChargePoint
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bosch
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aker Wade
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Eaton
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Beijing New Energy Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chargemaster
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shenzhen SETEC Power
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Delta Electronics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Siemens
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hitachi
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Legrand
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Leviton
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NARI Group Corporation
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
