Market Overview:
The global EV charging equipment 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 and the rising awareness about environment-friendly transportation options. The global EV charging equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into DC charging and AC charging. The DC Charging segment is expected to grow at a higher CAGR during the forecast period as it offers faster charging times as compared to AC chargers.
Product Definition:
Electric vehicle charging equipment is a system that is used to charge electric vehicles. This system can include a variety of components, such as charging stations, cables, and adapters. The purpose of electric vehicle charging equipment is to provide a convenient and efficient way to charge electric vehicles.
DC Charging`:
DC charging is a method of charging electric vehicles that uses direct current to charge the battery. DC chargers are designed to deliver a precise voltage and amperage required by the vehicle’s on-board charger. The increasing sales of electric vehicles (EV) globally, along with rising awareness regarding climate change and greenhouse gas emissions, has been driving research & development in this field.
The primary benefits offered by DC chargers over AC chargers include faster charging time.
AC Charging:
AC charging is a method of charging electric vehicles using an electrical grid. It has been gaining popularity due to the ease of use and convenience it offers. The process involves converting the DC electricity provided by utility companies into AC electricity that can be used to charge batteries in EVs.
Application Insights:
The residential charging segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. Factors such as growing number of e-residential buildings, growing demand from commercial and industrial consumers, increasing awareness regarding electric vehicles are expected to drive growth. The public charging stations segment is anticipated to exhibit significant growth over the forecast period owing to supportive government initiatives coupled with rising awareness about electric vehicles among consumers.
EV chargers are installed at shopping malls, restaurants, hotels and airports along with other public places such as parking lots of hospitals and office complexes where owners or managers have signed agreements with EV manufacturers or service providers for providing access to their customers.
Regional Analysis:
Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in EV infrastructure development and growing awareness about EVs among consumers. China, Japan, and South Korea are some of the countries investing heavily in EV infrastructure development. For instance, China has implemented a national plan on energy conservation and emission reduction which includes plans for deploying nearly 300 million charging points by 2020 (China Energy Group). Such developments will have a positive impact on regional growth over the next few years.
The European region occupied a significant share of global revenue in 2017 owing to early adoption of electric vehicles along with favorable government policies regarding carbon emissions from cars. However, slowdown in economic performance due to political uncertainties across various countries may hamper industry expansion during the forecast period (2018 - 2030).
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 MarketsandMarkets. This would drive the demand for EV charging equipment.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies, which is expected to drive the growth of the EV charging equipment market.
- Development of smart grids: Smart grids are being developed with features such as two-way communication, real-time monitoring, and data analytics that would enable better management of energy resources and facilitate integration of EVs into grid systems. This would create opportunities for growth in the EV charging equipment market.
Scope Of The Report
Report Attributes
Report Details
Report Title
EV Charging Equipment Market Research Report
By Type
DC Charging`, AC Charging
By Application
Residential Charging, Public Chargin
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, Huashang Sanyou, Zhejiang Wanma, Puruite, Titans, Shanghai Xundao, Sinocharge, Ruckus New Energy Tech
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global EV Charging Equipment Market Report Segments:
The global EV Charging Equipment market is segmented on the basis of:
Types
DC Charging`, AC Charging
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 Chargin
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
- Huashang Sanyou
- Zhejiang Wanma
- Puruite
- Titans
- Shanghai Xundao
- Sinocharge
- Ruckus New Energy Tech
Highlights of The EV Charging Equipment 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:
- DC Charging`
- AC Charging
- By Application:
- Residential Charging
- Public Chargin
- 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 EV Charging Equipment 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
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?
EV charging equipment is a type of electrical equipment that can be used to charge electric vehicles. EV chargers can be installed at home, work, or public locations like parking garages.
Some of the major companies in the ev charging equipment 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, Huashang Sanyou, Zhejiang Wanma, Puruite, Titans, Shanghai Xundao, Sinocharge, Ruckus New Energy Tech.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. EV Charging Equipment 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. EV Charging Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. EV Charging Equipment Market - Supply Chain
4.5. Global EV Charging Equipment Market Forecast
4.5.1. EV Charging Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. EV Charging Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. EV Charging Equipment Market Absolute $ Opportunity
5. Global EV Charging Equipment 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. EV Charging Equipment Market Size and Volume Forecast by Type
5.3.1. DC Charging`
5.3.2. AC Charging
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global EV Charging Equipment 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. EV Charging Equipment Market Size and Volume Forecast by Application
6.3.1. Residential Charging
6.3.2. Public Chargin
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global EV Charging Equipment 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. EV Charging Equipment 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 EV Charging Equipment 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. EV Charging Equipment 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 EV Charging Equipment Demand Share Forecast, 2019-2026
9. North America EV Charging Equipment 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 EV Charging Equipment 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 EV Charging Equipment Market Size and Volume Forecast by Application
9.4.1. Residential Charging
9.4.2. Public Chargin
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America EV Charging Equipment Market Size and Volume Forecast by Type
9.7.1. DC Charging`
9.7.2. AC Charging
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 EV Charging Equipment Demand Share Forecast, 2019-2026
10. Latin America EV Charging Equipment 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 EV Charging Equipment 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 EV Charging Equipment Market Size and Volume Forecast by Application
10.4.1. Residential Charging
10.4.2. Public Chargin
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America EV Charging Equipment Market Size and Volume Forecast by Type
10.7.1. DC Charging`
10.7.2. AC Charging
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 EV Charging Equipment Demand Share Forecast, 2019-2026
11. Europe EV Charging Equipment 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 EV Charging Equipment 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 EV Charging Equipment Market Size and Volume Forecast by Application
11.4.1. Residential Charging
11.4.2. Public Chargin
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe EV Charging Equipment Market Size and Volume Forecast by Type
11.7.1. DC Charging`
11.7.2. AC Charging
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 EV Charging Equipment Demand Share, 2019-2026
12. Asia Pacific EV Charging Equipment 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 EV Charging Equipment 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 EV Charging Equipment Market Size and Volume Forecast by Application
12.4.1. Residential Charging
12.4.2. Public Chargin
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific EV Charging Equipment Market Size and Volume Forecast by Type
12.7.1. DC Charging`
12.7.2. AC Charging
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 EV Charging Equipment Demand Share, 2019-2026
13. Middle East & Africa EV Charging Equipment 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 EV Charging Equipment 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 EV Charging Equipment Market Size and Volume Forecast by Application
13.4.1. Residential Charging
13.4.2. Public Chargin
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa EV Charging Equipment Market Size and Volume Forecast by Type
13.7.1. DC Charging`
13.7.2. AC Charging
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 EV Charging Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global EV Charging Equipment Market: Market Share Analysis
14.2. EV Charging Equipment Distributors and Customers
14.3. EV Charging Equipment 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
