Market Overview:
The global electric vehicle service equipment (EVSE) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the EVSE market can be attributed to factors such as the increasing demand for electric vehicles, government initiatives and subsidies for electric vehicles, and rising awareness about the benefits of using electric vehicles. The EVSE market can be segmented on the basis of type into level 1, level 2, and level 3. Level 1 charging stations are basic charging stations that require a standard 120-volt outlet and provide a slow charge rate. Level 2 charging stations are more advanced than level 1 chargers and require installation of a dedicated 240-volt circuit breaker. They provide faster charge rates than level 1 chargers. Level 3 charging stations offer even faster charge rates than level 2 chargers and are typically used for commercial applications such as fleet operators or car rental companies. On the basis of application, the EVSE market can be segmented into home use, public parking lot use, shopping mall use, office parking lot use, hotel parking lot use, and other applications. Home usage is expected to account for majority share in terms of revenue in 2018 owing to growing adoption of EVs among consumers across all regions globally coupled with increasing number of residential installations worldwide .Public parking lots are also anticipated to witness significant growth duringthe forecast period due high adoption rateof EVs by fleet operatorsand governments worldwide .
 Industry Outlook.svg)
Product Definition:
Electric Vehicle Service Equipment (EVSE) is an equipment used to charge electric vehicle. It can be either a dedicated or general-purpose outlet. The importance of Electric Vehicle Service Equipment (EVSE) is that it allows electric vehicles to charge faster and more efficiently than through a standard 120 volt household outlet.
Level 1:
The global level 1, or basic electric vehicle service equipment market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for clean fuel vehicles and stringent government regulations regarding carbon emissions from conventional fuel-driven vehicles.
Level 2:
The Level 2 charging equipment is used for charging electric vehicles that have a maximum range of 30 km. It takes around 4 to 6 hours to charge the vehicle completely depending upon battery capacity and power source. The level 2 chargers are installed at homes, public places, workplaces etc., which can be used by all the consumers without any special requirements or technical know-how.
Increasing demand for Electric Vehicles (EVs).
Application Insights:
The home EVSE segment accounted for the largest revenue share of over 50% in 2017. The growth is attributed to the growing number of residential buildings with electric vehicle charging stations. Governments are promoting the use of EVs by offering subsidies and tax credits to encourage consumers to purchase these vehicles. For instance, in 2016, U.S government offered incentives worth USD 7 thousand towards the purchase or lease of an electric car along with up to 200 hundred dollars as federal credit towards purchasing an EV if it was manufactured after 2010. Such initiatives are expected to increase consumer awareness regarding various benefits associated with using EVs including lower operating costs and emission-free driving experience which is likely to drive demand over the forecast period (2018¢â‚¬â„¢2030).
The shopping mall EVSE segment accounted for a significant market share owing primarily due its high availability across different geographies coupled with low installation cost which makes it affordable for both service providers.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, along with increased adoption of EVSE in the region, is expected to drive growth. Furthermore, growing awareness about EVs and charging infrastructure is also expected to propel demand over the forecast period. Increasing investments by companies for building better charging infrastructure are likely to contribute toward regional growth as well. For instance, Tesla Motors has installed more than 350 stations worldwide using its proprietary connector/adapter system and cable type A/C power cord under standard commercial agreements and without any additional fees or charges except for parking fees at the station location.
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, according to a MarketsandMarkets research study. This will create an increased demand for EVSEs, as most electric vehicles require charging stations for operation.
- Government initiatives and subsidies: Governments around the world are promoting the adoption of electric vehicles through various incentives and subsidies. This is expected to drive the growth of the EVSE market in the coming years.
- Rising awareness about environmental benefits: Electric vehicles produce zero emissions, which is why they are becoming increasingly popular among consumers looking to reduce their carbon footprints. As awareness about the environmental benefits of electric vehicles grows, so too will demand for EVSEs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Service Equipment (EVSE) Market Research Report
By Type
Level 1, Level 2, Level 3
By Application
Home, Public Parking, Shopping Mall, Office Parking, Hotels, Other
By Companies
Chargepoint, ABB, Eaton, Leviton, Blink, Schneider, Siemens, General Electric, AeroVironment, Panasonic, Chargemaster, Elektromotive, Clipper Creek, DBT CEV, Pod Point, BYD, NARI, Xuji Group, Potivio, Auto Electric Power Plant, Ruckus New Energy Tech, Huashang Sanyou
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Service Equipment (EVSE) Market Report Segments:
The global Electric Vehicle Service Equipment (EVSE) market is segmented on the basis of:
Types
Level 1, Level 2, Level 3
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
Home, Public Parking, Shopping Mall, Office Parking, Hotels, Other
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:
- Chargepoint
- ABB
- Eaton
- Leviton
- Blink
- Schneider
- Siemens
- General Electric
- AeroVironment
- Panasonic
- Chargemaster
- Elektromotive
- Clipper Creek
- DBT CEV
- Pod Point
- BYD
- NARI
- Xuji Group
- Potivio
- Auto Electric Power Plant
- Ruckus New Energy Tech
- Huashang Sanyou
 Market Overview.svg)
Highlights of The Electric Vehicle Service Equipment (EVSE) 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:
- Level 1
- Level 2
- Level 3
- By Application:
- Home
- Public Parking
- Shopping Mall
- Office Parking
- Hotels
- Other
- 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 Service Equipment (EVSE) 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
 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?
EVSE is a term used to describe the equipment needed to charge electric vehicles. This includes charging stations, chargers, and related hardware.
Some of the major companies in the electric vehicle service equipment (evse) market are Chargepoint, ABB, Eaton, Leviton, Blink, Schneider, Siemens, General Electric, AeroVironment, Panasonic, Chargemaster, Elektromotive, Clipper Creek, DBT CEV, Pod Point, BYD, NARI, Xuji Group, Potivio, Auto Electric Power Plant, Ruckus New Energy Tech, Huashang Sanyou.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market - Supply Chain
4.5. Global Electric Vehicle Service Equipment (EVSE) Market Forecast
4.5.1. Electric Vehicle Service Equipment (EVSE) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Vehicle Service Equipment (EVSE) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Vehicle Service Equipment (EVSE) Market Absolute $ Opportunity
5. Global Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Type
5.3.1. Level 1
5.3.2. Level 2
5.3.3. Level 3
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Public Parking
6.3.3. Shopping Mall
6.3.4. Office Parking
6.3.5. Hotels
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Demand Share Forecast, 2019-2026
9. North America Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Public Parking
9.4.3. Shopping Mall
9.4.4. Office Parking
9.4.5. Hotels
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Vehicle Service Equipment (EVSE) Market Size and Volume Forecast by Type
9.7.1. Level 1
9.7.2. Level 2
9.7.3. Level 3
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 Service Equipment (EVSE) Demand Share Forecast, 2019-2026
10. Latin America Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Public Parking
10.4.3. Shopping Mall
10.4.4. Office Parking
10.4.5. Hotels
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Vehicle Service Equipment (EVSE) Market Size and Volume Forecast by Type
10.7.1. Level 1
10.7.2. Level 2
10.7.3. Level 3
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 Service Equipment (EVSE) Demand Share Forecast, 2019-2026
11. Europe Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Public Parking
11.4.3. Shopping Mall
11.4.4. Office Parking
11.4.5. Hotels
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Vehicle Service Equipment (EVSE) Market Size and Volume Forecast by Type
11.7.1. Level 1
11.7.2. Level 2
11.7.3. Level 3
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 Service Equipment (EVSE) Demand Share, 2019-2026
12. Asia Pacific Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Public Parking
12.4.3. Shopping Mall
12.4.4. Office Parking
12.4.5. Hotels
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Vehicle Service Equipment (EVSE) Market Size and Volume Forecast by Type
12.7.1. Level 1
12.7.2. Level 2
12.7.3. Level 3
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 Service Equipment (EVSE) Demand Share, 2019-2026
13. Middle East & Africa Electric Vehicle Service Equipment (EVSE) 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 Service Equipment (EVSE) 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 Service Equipment (EVSE) Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Public Parking
13.4.3. Shopping Mall
13.4.4. Office Parking
13.4.5. Hotels
13.4.6. Other
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 Service Equipment (EVSE) Market Size and Volume Forecast by Type
13.7.1. Level 1
13.7.2. Level 2
13.7.3. Level 3
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 Service Equipment (EVSE) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Vehicle Service Equipment (EVSE) Market: Market Share Analysis
14.2. Electric Vehicle Service Equipment (EVSE) Distributors and Customers
14.3. Electric Vehicle Service Equipment (EVSE) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chargepoint
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leviton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Blink
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schneider
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
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
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AeroVironment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chargemaster
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Elektromotive
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Clipper Creek
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DBT CEV
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pod Point
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BYD
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
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Xuji Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Potivio
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Auto Electric Power Plant
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
