Market Overview:
The global EV charging stations 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 and the rising awareness about the benefits of using electric vehicles. The global EV charging stations market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into AC charging station and DC charging station. The AC charging station segment is expected to hold a larger share in terms of revenue in 2018 as compared to that of DC charging stations due to its lower cost and easy installation process as compared to DC chargers. However, with advancements being made in technology, DC chargers are becoming more popular among consumers owing their faster charge times as compared to AC chargers. On the basis of application, it can be classified into residential and commercial segments. The commercial segment is anticipated witness higher growth duringthe forecast period owingto theregulatory push for adoptionof electric vehiclesin various countriesand also becausecommercial establishments offer better infrastructure facilities forcharging EVs thanresidential ones do .
Product Definition:
EV Charging Station: A facility that provides electricity for the charging of electric vehicles.
Usage: Utilities are increasingly investing in EV charging infrastructure as a way to future-proof their businesses and tap into the growing market for electric vehicles.
AC Charging Station:
An AC charging station is a device that provides electric power to charge electric vehicles in an easy and convenient way. It's major function is to provide a stable power supply for the EVs while charging. The AC charging stations are designed with smart technology so that it can recognize the type of battery being charged, its condition, and also monitor the temperature of each cell in order to prevent any damage due to overcharging or undercharging.
DC Charging Station:
DC charging station is a device that provides power to charge electric vehicles in a parking space or on the street. It works on the principle of converting AC electricity generated from vehicle battery into direct current which can provide higher charging speed and efficiency as compared to AC chargers.
The DC charging station has an in-built switch mode power supply which enables it to deliver high voltage at required frequencies for EV batteries, thus ensuring safe and efficient charge.
Application Insights:
The commercial segment dominated the global EV charging stations market, accounting for more than 60.0% share of the total revenue in 2017. The rapid adoption of electric vehicles across corporate offices, shopping malls and hotels is expected to drive the demand for EV chargers at these locations. Furthermore, public places such as parking lots and highways are considered suitable locations for commercial buildings as they offer convenient access to electric vehicle charging stations.
The residential segment is projected to witness significant growth over the forecast period owing to increasing awareness about benefits such as cost-effectiveness, convenience and zero emissions along with supportive government policies that encourage consumers towards adopting EVs instead of gasoline or diesel-powered cars.
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 India are some of the countries investing heavily in EV infrastructure development. For instance, China has implemented various policies and plans for promoting sales of EVs both in urban areas as well as rural areas.
Europe is also estimated to witness significant growth during the same period owing to increasing adoption of electric vehicles across major countries such as Germany, France, Italy etc.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% during the forecast period. This would result in an increase in the number of EV charging stations across the world.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. This is likely to result in an increase in demand for EV charging stations in the coming years.
- Rise in number of plug-in hybrid vehicles: The number of plug-in hybrid vehicles is increasing rapidly due to their lower emissions and fuel costs as compared to traditional gasoline or diesel cars. This would lead to an increase in demand for EV charging stations, as most plug-in hybrids can be charged using standard AC outlets.
Scope Of The Report
Report Attributes
Report Details
Report Title
EV Charging Stations Market Research Report
By Type
AC Charging Station, DC Charging Station
By Application
Residential, Commercial
By Companies
ABB, Aerovironment, Chargepoint, Engie, Tesla, Schneider Electric, Siemens, Efacec, EVGO, Leviton, ABB, Allego, Blink Charging, Clipper Creek, Semaconnect, Tgood
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global EV Charging Stations Market Report Segments:
The global EV Charging Stations market is segmented on the basis of:
Types
AC Charging Station, DC Charging 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, Commercial
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
- Aerovironment
- Chargepoint
- Engie
- Tesla
- Schneider Electric
- Siemens
- Efacec
- EVGO
- Leviton
- ABB
- Allego
- Blink Charging
- Clipper Creek
- Semaconnect
- Tgood
Highlights of The EV Charging Stations 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 Station
- DC Charging Station
- By Application:
- Residential
- Commercial
- 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 Stations 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
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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?
EV charging stations are a type of electric vehicle infrastructure that allow drivers to charge their electric vehicles at public locations. EV charging stations can be found at parking lots, businesses, and other public places.
Some of the key players operating in the ev charging stations market are ABB, Aerovironment, Chargepoint, Engie, Tesla, Schneider Electric, Siemens, Efacec, EVGO, Leviton, ABB, Allego, Blink Charging, Clipper Creek, Semaconnect, Tgood.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EV Charging Stations 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 EV Charging Stations Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EV Charging Stations 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 EV Charging Stations 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 EV Charging Stations Market Size & Forecast, 2020-2028
4.5.1 EV Charging Stations Market Size and Y-o-Y Growth
4.5.2 EV Charging Stations Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 AC Charging Station
5.2.2 DC Charging Station
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EV Charging Stations 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 EV Charging Stations 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 AC Charging Station
9.6.2 DC Charging Station
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 Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 AC Charging Station
10.6.2 DC Charging Station
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 Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 AC Charging Station
11.6.2 DC Charging Station
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 Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 AC Charging Station
12.6.2 DC Charging Station
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 Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 AC Charging Station
13.6.2 DC Charging Station
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) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
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 EV Charging Stations Market: Competitive Dashboard
14.2 Global EV Charging Stations Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Aerovironment
14.3.3 Chargepoint
14.3.4 Engie
14.3.5 Tesla
14.3.6 Schneider Electric
14.3.7 Siemens
14.3.8 Efacec
14.3.9 EVGO
14.3.10 Leviton
14.3.11 ABB
14.3.12 Allego
14.3.13 Blink Charging
14.3.14 Clipper Creek
14.3.15 Semaconnect
14.3.16 Tgood
