Market Overview:
The global EV fast DC 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 number of charging stations. The global EV fast DC charging equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into level 1 and level 2 chargers. Level 1 chargers are used for slow charging while level 2 chargers are used for rapid or high-speed charging. On the basis of application, the market is segmented into residential and public sectors. The public sector includes government organizations, commercial establishments, educational institutions, etc., whereas residential sector includes households/private individuals who own electric vehicles (EVs).
Product Definition:
EV Fast DC Charging Equipment is a device that allows for the charging of electric vehicles (EVs) at high speeds. This equipment is important because it allows drivers to charge their EVs quickly, which can be helpful when traveling long distances.
Level 1:
The global level 1, it's usage and growth factor in EV fast DC charging equipment market size was valued at USD 2.5 billion in 2016. It is expected to witness a CAGR of XX% over the forecast period. The growing adoption of electric vehicles (EVs) across developed countries including U.S.
Level 2:
Level 2 is the second most used level in EV fast DC charging equipment market. It's a standard for designing commercial electric vehicle (EV) charging equipment and it has been defined by Society of Automotive Engineers (SAE). SAE defines two types of Level 2 chargers, a single-phase and three-phase charger. A three-phase charger is commonly used to charge an electric automobile battery while driving on motorways or highways at speeds greater than 25 mi/h.
Application Insights:
The public EV fast charging equipment market is expected to reach USD 544.0 million by 2030 owing to the growing number of public charging stations. Increasing government funding for the installation of publicly accessible electric vehicle fast chargers has been a major factor in promoting the growth of this segment over the forecast period.
Residential application dominated the global EV fast DC charging equipment market and accounted for more than 50% share in 2017 due to increasing demand from consumers, especially in countries like China, Germany and U.S., where electricity is cheap and fuel costs are high as compared to other regions owing to economies of scale benefits offered by large population centers coupled with strong consumerist economies such as Japan, South Korea and Taiwan which have a high affinity towards new technology products resulting into increased product adoption at an early stage which eventually boosts industry growth over time.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing adoption of EVs, growing awareness about their advantages, and government initiatives promoting sales of such vehicles in China and India. For instance, in September 2017, Government of India announced a scheme called “UJALA Scheme†under which it distributes free electricity to poor families who purchase an EV. Under this scheme, National Thermal Power Corporation Limited (NTPCL) supplies free electricity for charging EVs at public charging stations across the country. In additionEVs are also given priority at public charging stations over other conventional fuel vehicles during peak times so that they do not have to wait longer for a charge than other types of vehicle when they need it most.
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 is primarily due to the increasing environmental concerns and the rising cost of fuel.
- Government initiatives and subsidies: Governments around the world are promoting the adoption of electric vehicles through various initiatives and subsidies. For instance, in China, the government offers a subsidy of up to ,800 for each electric vehicle purchase. This is expected to drive the growth of the EV Fast DC Charging Equipment market during the forecast period.
- Technological advancements: The development of new technologies that can reduce charging time for electric vehicles is expected to boost demand for EV Fast DC Charging Equipment during the forecast period. For instance, Tesla’s Supercharger can charge an 85 kWh battery in about 30 minutes flat!
Scope Of The Report
Report Attributes
Report Details
Report Title
EV Fast DC Charging Equipment Market Research Report
By Type
Level 1, Level 2
By Application
Residential, Public
By Companies
Chargepoint, ABB, Eaton, Blink, Schneider, Siemens, General Electric, AeroVironment, Panasonic, Chargemaster, Chargepoint, Clipper Creek
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global EV Fast DC Charging Equipment Market Report Segments:
The global EV Fast DC Charging Equipment market is segmented on the basis of:
Types
Level 1, Level 2
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, Public
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
- Blink
- Schneider
- Siemens
- General Electric
- AeroVironment
- Panasonic
- Chargemaster
- Chargepoint
- Clipper Creek
Highlights of The EV Fast DC 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:
- Level 1
- Level 2
- By Application:
- Residential
- Public
- 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 Fast DC 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
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- Consumer Insights
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- Product & Brand Management
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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 Fast DC Charging Equipment is a type of charging equipment that can charge electric vehicles (EVs) at a much faster rate than traditional charging stations. EV Fast DC Charging Equipment uses direct current (DC) to power the charger, which is much faster than using alternating current (AC). This allows EVs to be charged more quickly and efficiently, which can help reduce the time it takes to recharge an EV.
Some of the key players operating in the ev fast dc charging equipment market are Chargepoint, ABB, Eaton, Blink, Schneider, Siemens, General Electric, AeroVironment, Panasonic, Chargemaster, Chargepoint, Clipper Creek.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EV Fast DC Charging Equipment 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 Fast DC Charging Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EV Fast DC Charging Equipment 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 Fast DC Charging Equipment 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 Fast DC Charging Equipment Market Size & Forecast, 2020-2028
4.5.1 EV Fast DC Charging Equipment Market Size and Y-o-Y Growth
4.5.2 EV Fast DC Charging Equipment 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 Level 1
5.2.2 Level 2
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 Public
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EV Fast DC Charging Equipment 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 Fast DC Charging Equipment 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 Level 1
9.6.2 Level 2
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 Public
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 Level 1
10.6.2 Level 2
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 Public
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 Level 1
11.6.2 Level 2
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 Public
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 Level 1
12.6.2 Level 2
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 Public
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 Level 1
13.6.2 Level 2
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 Public
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 Fast DC Charging Equipment Market: Competitive Dashboard
14.2 Global EV Fast DC Charging Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chargepoint
14.3.2 ABB
14.3.3 Eaton
14.3.4 Blink
14.3.5 Schneider
14.3.6 Siemens
14.3.7 General Electric
14.3.8 AeroVironment
14.3.9 Panasonic
14.3.10 Chargemaster
14.3.11 Chargepoint
14.3.12 Clipper Creek
