Market Overview:
The global high-power chargers for electric vehicle 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, especially plug-in hybrid electric vehicles and battery electric vehicles, due to their low emissions and fuel efficiency. In addition, the growing awareness about the benefits of using high-power chargers for electric vehicles is also contributing to the growth of this market. The global high-power chargers for electric vehicle market can be segmented on the basis of type into plug-in hybrid electric vehicle and battery electric vehicle. On the basis of application, this market can be segmented into commercial use and home use. Geographically, this market can be segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa.
Product Definition:
A high-power charger is a charging station that can provide significantly more power than a standard charging station. This allows electric vehicles to be charged more quickly, making them more convenient to use. High-power chargers are especially important for electric vehicles that have large batteries, such as cars and trucks.
Plug-in Hybrid Electric Vehicle:
Plug-in Hybrid Electric Vehicle (PHEV) is a hybrid electric vehicle that uses more than one power source to move. It can be operated with the help of both conventional fuel and electricity. PHEVs use battery power for short-range travel, which increases driving range and reduces overall fuel consumption.
Battery Electric Vehicle:
Battery electric vehicle (BEV) and Electric Vehicle (EV) are the types of vehicles that run on electricity. They comprise of one or more electric motors which power the vehicle’s drivetrain and derive power from rechargeable battery packs. The BEV uses regenerative braking to convert the kinetic energy into electrical energy which is stored in the battery for later use.
Application Insights:
The commercial use segment dominated the global high-power chargers for electric vehicles market, accounting for more than 60.0% share of the total revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand from businesspersons and public charging stations at hotels and airports.
High power chargers are used at home as well as commercial places because they provide faster charging speed compared to standard charge stations. However, there are few high-power chargers that are designed specifically for homes so that consumers can utilize them without any problems or technical expertise required in installing such equipment at homes or apartments.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing sales of electric vehicles in China and Japan. In addition, favorable government policies such as tax incentives and rebates on purchase price are projected to boost demand for high-power chargers across countries including India, South Korea, Thailand, Philippines, Sri Lanka and others.
Europe was estimated at USD X million in 2017 owing to growing sales of electric vehicles across Germany and France among other countries. Countries such as Norway have set an example by offering financial incentives on battery-operated cars that run solely on electricity generated from renewable sources thus reducing pollution caused by burning fossil fuels which is anticipated to drive the regional market growth over the forecast period.
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 growth can be attributed to the increasing demand for environment-friendly and fuel-efficient vehicles.
- Government initiatives and subsidies: Governments across the globe 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 per vehicle.
- Development of charging infrastructure: The development of charging infrastructure is crucial for the growth of the electric vehicle market as it enables easy charging access for consumers. According to Navigant Research, cumulative investment in global EV Charging Infrastructure will reach billion by 2024 .
Scope Of The Report
Report Attributes
Report Details
Report Title
High-power Chargers for Electric Vehicle Market Research Report
By Type
Plug-in Hybrid Electric Vehicle, Battery Electric Vehicle
By Application
Commercial Use, Home Use
By Companies
ABB, XCharge, Fastned, EVgo, EVBOX, Siemens, Allego, Phoenix, Tesla, Ensto, GARO, G2mobility, EVoCharge, Blink, Leviton, Mustart, Zen Car
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global High-power Chargers for Electric Vehicle Market Report Segments:
The global High-power Chargers for Electric Vehicle market is segmented on the basis of:
Types
Plug-in Hybrid Electric Vehicle, Battery Electric Vehicle
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
Commercial Use, Home Use
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
- XCharge
- Fastned
- EVgo
- EVBOX
- Siemens
- Allego
- Phoenix
- Tesla
- Ensto
- GARO
- G2mobility
- EVoCharge
- Blink
- Leviton
- Mustart
- Zen Car
Highlights of The High-power Chargers for Electric Vehicle 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:
- Plug-in Hybrid Electric Vehicle
- Battery Electric Vehicle
- By Application:
- Commercial Use
- Home Use
- 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 High-power Chargers for Electric Vehicle 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?
High-power chargers are designed to quickly and efficiently charge electric vehicles. They can provide up to three times the charging power of standard chargers, making them ideal for fast charging.
Some of the major players in the high-power chargers for electric vehicle market are ABB, XCharge, Fastned, EVgo, EVBOX, Siemens, Allego, Phoenix, Tesla, Ensto, GARO, G2mobility, EVoCharge, Blink, Leviton, Mustart, Zen Car.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High-power Chargers for Electric Vehicle 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. High-power Chargers for Electric Vehicle Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High-power Chargers for Electric Vehicle Market - Supply Chain
4.5. Global High-power Chargers for Electric Vehicle Market Forecast
4.5.1. High-power Chargers for Electric Vehicle Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High-power Chargers for Electric Vehicle Market Size (000 Units) and Y-o-Y Growth
4.5.3. High-power Chargers for Electric Vehicle Market Absolute $ Opportunity
5. Global High-power Chargers for Electric Vehicle 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. High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Type
5.3.1. Plug-in Hybrid Electric Vehicle
5.3.2. Battery Electric Vehicle
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High-power Chargers for Electric Vehicle 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. High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Home Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High-power Chargers for Electric Vehicle 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. High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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. High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Demand Share Forecast, 2019-2026
9. North America High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Home Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Type
9.7.1. Plug-in Hybrid Electric Vehicle
9.7.2. Battery Electric Vehicle
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 High-power Chargers for Electric Vehicle Demand Share Forecast, 2019-2026
10. Latin America High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Home Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Type
10.7.1. Plug-in Hybrid Electric Vehicle
10.7.2. Battery Electric Vehicle
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 High-power Chargers for Electric Vehicle Demand Share Forecast, 2019-2026
11. Europe High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Home Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High-power Chargers for Electric Vehicle Market Size and Volume Foecast by Type
11.7.1. Plug-in Hybrid Electric Vehicle
11.7.2. Battery Electric Vehicle
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 High-power Chargers for Electric Vehicle Demand Share, 2019-2026
12. Asia Pacific High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Home Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Type
12.7.1. Plug-in Hybrid Electric Vehicle
12.7.2. Battery Electric Vehicle
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 High-power Chargers for Electric Vehicle Demand Share, 2019-2026
13. Middle East & Africa High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle 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 High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Home Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High-power Chargers for Electric Vehicle Market Size and Volume Forecast by Type
13.7.1. Plug-in Hybrid Electric Vehicle
13.7.2. Battery Electric Vehicle
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 High-power Chargers for Electric Vehicle Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High-power Chargers for Electric Vehicle Market: Market Share Analysis
14.2. High-power Chargers for Electric Vehicle Distributors and Customers
14.3. High-power Chargers for Electric Vehicle Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. XCharge
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fastned
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EVgo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. EVBOX
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Allego
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Phoenix
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tesla
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ensto
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GARO
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. G2mobility
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. EVoCharge
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Blink
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Leviton
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mustart
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zen Car
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
