Market Overview:
The global electric vehicle (EV) chargers market is expected to grow at a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Additionally, government initiatives and regulations supporting the adoption of electric vehicles are also fueling the growth of this market. On-board chargers are expected to hold a dominant position in the global EV chargers market during the forecast period. This can be attributed to their easy installation and low cost as compared to off-board chargers. Off-board chargers are expected to witness high growth rates during the forecast period owing to their ability to charge multiple EVs simultaneously.
 Chargers Industry Outlook.svg)
Product Definition:
Electric Vehicle (EV) Chargers are devices used to recharge electric vehicles' batteries. They come in a variety of shapes and sizes, and can be either installed at home or public charging stations. The importance of Electric Vehicle (EV) Chargers is that they allow drivers to recharge their vehicles' batteries without having to go to a gas station. This is important because it helps reduce emissions from cars, and also helps increase the availability of electric vehicles by making it easier for people to charge them.
On-Board Chargers:
On-board chargers are the charging equipment that is built into the electric vehicles. It helps in increasing the range of EVs by reducing downtime and enhancing speed of charge. The on-board chargers reduce time & cost incurred in changing an EV battery and help to increase its driving range. On-board chargers are integrated with AC transmission systems, which provide a DC power source for charging from an external source or regenerative braking when vehicle is stationary.
Off-Board Chargers:
Off-board chargers are external charging equipment that charges the battery of an electric vehicle when it is parked. It has been observed that off-board chargers can charge an EV battery in less than 8 hours and at a much faster rate as compared to on-board chargers. The increasing demand for EVs, rising awareness about clean energy transportation, and government regulations are expected to drive the market growth over the forecast period.
Application Insights:
Based on the application, the global electric vehicle chargers market has been segmented into battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV). The battery EVs segment dominated the overall market in terms of revenue share in 2017. This is attributed to growing demand for affordable and advanced batteries that can provide long range travel at a relatively low cost.
The Plug-in Hybrid Electric Vehicles (PHEV) segment is expected to witness significant growth over the forecast period owing to rising government initiatives such as Low Carbon Vehicle Duty Cycle Scheme in U.K., which requires all new passenger cars sold within 10 years from 2016 to be zero emission capable by 2030, thereby driving consumer preference for such automobiles with greater efficiency.
The HEVs application segment includes heavy-duty commercial vans.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for promoting electric vehicles in China, Japan, and India. For instance, in September 2016, the Chinese government announced a plan of investing around USD X billion by 2020 for developing new energy vehicles. The Japanese government has set up an ambitious target of having sold one million EVs by 2019 and five million EVs by 2030. Such developments are expected to boost demand across this region over the forecast period.
North America accounted for more than 20% share of global revenue in 2017 owing to high demand from U.S., which is one of the major markets globally with highest penetration rate for EV chargers due to its favorable policies regarding adoption of these eco-friendly cars including tax incentives and rebates on purchase price as well as free parking spaces at public charging stations (fees vary based on state).
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 mainly due to the increasing awareness about the benefits of electric vehicles over traditional petrol and diesel vehicles.
- Government initiatives and subsidies: Governments across the globe are providing various incentives such as subsidies, tax rebates, and parking privileges to promote the adoption of electric vehicles. For instance, in China, a subsidy of up to ,800 is offered on each new EV purchase.
- Development of charging infrastructure: The development of charging infrastructure is crucial for the growth of EVs as it enables easy charging access for drivers. Various public and private players are investing in this area which is expected to boost EV charger market growth during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle (EV) Chargers Market Research Report
By Type
On-Board Chargers, Off-Board Chargers
By Application
Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV)
By Companies
ABB Ltd, Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc, Silicon Laboratories, Chargemaster PLC, Schaffner Holdings AG, POD Point
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle (EV) Chargers Market Report Segments:
The global Electric Vehicle (EV) Chargers market is segmented on the basis of:
Types
On-Board Chargers, Off-Board Chargers
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
Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV)
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:
- ABB Ltd
- Robert Bosch GmbH
- Siemens AG
- Delphi Automotive
- Chroma ATE
- Aerovironment Inc
- Silicon Laboratories
- Chargemaster PLC
- Schaffner Holdings AG
- POD Point
 Chargers Market Overview.svg)
Highlights of The Electric Vehicle (EV) Chargers 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:
- On-Board Chargers
- Off-Board Chargers
- By Application:
- Battery Electric Vehicles (BEV)
- Plug-In Electric Vehicles (PHEV)
- Hybrid Electric Vehicles (HEV)
- 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 (EV) Chargers 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Chargers Market Statistics.svg)
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 (EV) charger is a device that can recharge an electric vehicle battery.
Some of the key players operating in the electric vehicle (ev) chargers market are ABB Ltd, Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc, Silicon Laboratories, Chargemaster PLC, Schaffner Holdings AG, POD Point.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market - Supply Chain
4.5. Global Electric Vehicle (EV) Chargers Market Forecast
4.5.1. Electric Vehicle (EV) Chargers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Vehicle (EV) Chargers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Vehicle (EV) Chargers Market Absolute $ Opportunity
5. Global Electric Vehicle (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Type
5.3.1. On-Board Chargers
5.3.2. Off-Board Chargers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Vehicle (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
6.3.1. Battery Electric Vehicles (BEV)
6.3.2. Plug-In Electric Vehicles (PHEV)
6.3.3. Hybrid Electric Vehicles (HEV)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Demand Share Forecast, 2019-2026
9. North America Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
9.4.1. Battery Electric Vehicles (BEV)
9.4.2. Plug-In Electric Vehicles (PHEV)
9.4.3. Hybrid Electric Vehicles (HEV)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Vehicle (EV) Chargers Market Size and Volume Forecast by Type
9.7.1. On-Board Chargers
9.7.2. Off-Board Chargers
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 (EV) Chargers Demand Share Forecast, 2019-2026
10. Latin America Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
10.4.1. Battery Electric Vehicles (BEV)
10.4.2. Plug-In Electric Vehicles (PHEV)
10.4.3. Hybrid Electric Vehicles (HEV)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Vehicle (EV) Chargers Market Size and Volume Forecast by Type
10.7.1. On-Board Chargers
10.7.2. Off-Board Chargers
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 (EV) Chargers Demand Share Forecast, 2019-2026
11. Europe Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
11.4.1. Battery Electric Vehicles (BEV)
11.4.2. Plug-In Electric Vehicles (PHEV)
11.4.3. Hybrid Electric Vehicles (HEV)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Vehicle (EV) Chargers Market Size and Volume Forecast by Type
11.7.1. On-Board Chargers
11.7.2. Off-Board Chargers
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 (EV) Chargers Demand Share, 2019-2026
12. Asia Pacific Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
12.4.1. Battery Electric Vehicles (BEV)
12.4.2. Plug-In Electric Vehicles (PHEV)
12.4.3. Hybrid Electric Vehicles (HEV)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Vehicle (EV) Chargers Market Size and Volume Forecast by Type
12.7.1. On-Board Chargers
12.7.2. Off-Board Chargers
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 (EV) Chargers Demand Share, 2019-2026
13. Middle East & Africa Electric Vehicle (EV) Chargers 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 (EV) Chargers 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 (EV) Chargers Market Size and Volume Forecast by Application
13.4.1. Battery Electric Vehicles (BEV)
13.4.2. Plug-In Electric Vehicles (PHEV)
13.4.3. Hybrid Electric Vehicles (HEV)
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 (EV) Chargers Market Size and Volume Forecast by Type
13.7.1. On-Board Chargers
13.7.2. Off-Board Chargers
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 (EV) Chargers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Vehicle (EV) Chargers Market: Market Share Analysis
14.2. Electric Vehicle (EV) Chargers Distributors and Customers
14.3. Electric Vehicle (EV) Chargers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Robert Bosch GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens AG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delphi Automotive
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chroma ATE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aerovironment Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Silicon Laboratories
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chargemaster PLC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Schaffner Holdings AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. POD Point
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
