Market Overview:
The global car charging pile market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles (EVs) and the rising number of charging stations across the globe. The global car charging pile market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into AC charging piles and DC charging piles. AC chargers are more popular than DC chargers as they are cheaper and easier to install. However, with advancements in technology, DC chargers are becoming more popular as they offer faster charge times than AC chargers. On the basis of application, government sector accounts for a major share of this market owing to initiatives taken by various governments across different geographies for promoting electric vehicles adoption rates.
Product Definition:
A car charging pile is a device used to charge electric vehicles. It is generally a column or pedestal that houses the charging equipment and provides power to the vehicle.
AC Charging Pile:
AC charging pile is a group of electric circuits that convert an AC current into the DC required to charge electronic devices. It consists of rectifiers, transformers, and other electronic components such as diodes and capacitors. The circuit works by converting the Alternating Current (AC) to Direct Current (DC).
The average charging time for a mobile phone is around 2-3 hours whereas it takes almost 8 hours with the help of a standard wall charger.
DC Charging Pile:
DC charging pile is a device used to charge electric vehicles using direct current. It consists of an array of metal plates, which are connected by springs and covered with a plastic sheet. As the vehicle approaches the plate, the springs cause electricity to flow through the plastic sheet and into the vehicle's battery.
Application Insights:
The shopping malls parking lot application segment accounted for the largest revenue share of over 30% in 2017. This is attributed to growing consumer preference for using electric vehicles in public places, such as government and public parking lots. Moreover, companies are focusing on developing residential and commercial charging stations across shopping malls to increase their customer base. For instance, ChargePoint, Inc., a U.S.-based company provides EV chargers for free at more than 1,000 locations across Europe including Shopping Malls and Department Stores which include Carrefour Group brands like Carrefour Market Place France SAS and Carrefour Retail France SAS among others.
The other application segment includes highways rest areas along with other public places where drivers may stop their vehicle forcharging purposes (i.e., hotels).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of electric vehicles, growing emphasis on reducing carbon footprints, and rising investments in renewable energy infrastructure. Moreover, presence of prominent players such as APX Technologies Inc.
Europe accounted for a significant share in terms of revenue generation owing to high penetration rates of electric vehicles across this region as compared to other regions.
Asia Pacific is projected to witness lucrative growth over the coming years owing to increasing focus on developing infrastructure related projects by various governments especially pertaining towards developing countries like China.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for car charging piles, as they are essential for charging electric vehicles.
- Government initiatives and subsidies: Governments across the globe are promoting the use of electric vehicles by providing various incentives such as subsidies and tax rebates. This is expected to drive the growth of the car charging pile market during the forecast period.
- Development of smart cities: As governments focus on developing smart cities, there is an increasing need for advanced infrastructure such as car charging piles. This will create opportunities for players in the car charging pile market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Charging Pile Market Research Report
By Type
AC Charging Pile, DC Charging Pile
By Application
Government, Public Parking, Shopping Malls Parking Lot, Private Areas, Other
By Companies
Charge Point, Nissan, Mitsubishi, Honda, Toyota, XJ Electric Co.,Ltd, NARI Technology Co.,Ltd, Shenzhen Auto Electric Power Plant Co.,Ltd, Hope New Energy Technology Inc, WAN MA GROUP, Charge 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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Car Charging Pile Market Report Segments:
The global Car Charging Pile market is segmented on the basis of:
Types
AC Charging Pile, DC Charging Pile
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
Government, Public Parking, Shopping Malls Parking Lot, Private Areas, 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:
- Charge Point
- Nissan
- Mitsubishi
- Honda
- Toyota
- XJ Electric Co.,Ltd
- NARI Technology Co.,Ltd
- Shenzhen Auto Electric Power Plant Co.,Ltd
- Hope New Energy Technology Inc
- WAN MA GROUP
- Charge Point
Highlights of The Car Charging Pile 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:
- AC Charging Pile
- DC Charging Pile
- By Application:
- Government
- Public Parking
- Shopping Malls Parking Lot
- Private Areas
- 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 Car Charging Pile 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.
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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?
A car charging pile is a group of electric vehicles that are plugged into an outlet to charge.
Some of the major players in the car charging pile market are Charge Point, Nissan, Mitsubishi, Honda, Toyota, XJ Electric Co.,Ltd, NARI Technology Co.,Ltd, Shenzhen Auto Electric Power Plant Co.,Ltd, Hope New Energy Technology Inc, WAN MA GROUP, Charge Point.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Charging Pile Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Car Charging Pile Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Charging Pile Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Car Charging Pile Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Car Charging Pile Market Size & Forecast, 2018-2028 4.5.1 Car Charging Pile Market Size and Y-o-Y Growth 4.5.2 Car Charging Pile Market Absolute $ Opportunity
Chapter 5 Global Car Charging Pile Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Car Charging Pile Market Size Forecast by Type
5.2.1 AC Charging Pile
5.2.2 DC Charging Pile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Charging Pile Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Car Charging Pile Market Size Forecast by Applications
6.2.1 Government
6.2.2 Public Parking
6.2.3 Shopping Malls Parking Lot
6.2.4 Private Areas
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Charging Pile Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car Charging Pile Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Car Charging Pile Analysis and Forecast
9.1 Introduction
9.2 North America Car Charging Pile Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Car Charging Pile Market Size Forecast by Type
9.6.1 AC Charging Pile
9.6.2 DC Charging Pile
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Car Charging Pile Market Size Forecast by Applications
9.10.1 Government
9.10.2 Public Parking
9.10.3 Shopping Malls Parking Lot
9.10.4 Private Areas
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Car Charging Pile Analysis and Forecast
10.1 Introduction
10.2 Europe Car Charging Pile Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Car Charging Pile Market Size Forecast by Type
10.6.1 AC Charging Pile
10.6.2 DC Charging Pile
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Car Charging Pile Market Size Forecast by Applications
10.10.1 Government
10.10.2 Public Parking
10.10.3 Shopping Malls Parking Lot
10.10.4 Private Areas
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Car Charging Pile Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Charging Pile Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Car Charging Pile Market Size Forecast by Type
11.6.1 AC Charging Pile
11.6.2 DC Charging Pile
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Car Charging Pile Market Size Forecast by Applications
11.10.1 Government
11.10.2 Public Parking
11.10.3 Shopping Malls Parking Lot
11.10.4 Private Areas
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Car Charging Pile Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Charging Pile Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Car Charging Pile Market Size Forecast by Type
12.6.1 AC Charging Pile
12.6.2 DC Charging Pile
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Car Charging Pile Market Size Forecast by Applications
12.10.1 Government
12.10.2 Public Parking
12.10.3 Shopping Malls Parking Lot
12.10.4 Private Areas
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Car Charging Pile Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Charging Pile Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Car Charging Pile Market Size Forecast by Type
13.6.1 AC Charging Pile
13.6.2 DC Charging Pile
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Car Charging Pile Market Size Forecast by Applications
13.10.1 Government
13.10.2 Public Parking
13.10.3 Shopping Malls Parking Lot
13.10.4 Private Areas
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car Charging Pile Market: Competitive Dashboard
14.2 Global Car Charging Pile Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Charge Point
14.3.2 Nissan
14.3.3 Mitsubishi
14.3.4 Honda
14.3.5 Toyota
14.3.6 XJ Electric Co.,Ltd
14.3.7 NARI Technology Co.,Ltd
14.3.8 Shenzhen Auto Electric Power Plant Co.,Ltd
14.3.9 Hope New Energy Technology Inc
14.3.10 WAN MA GROUP
14.3.11 Charge Point