Market Overview:
The global multi-standard fast chargers 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 market is segmented by type, application, and region. By type, the market is divided into 50 kW and 20 kW chargers. By application, the market is classified into public use and private use. Geographically, it is analyzed across North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA). Some of the key players in this industry are ABB Ltd., ChargePoint Inc., Delta Electronics Inc., Eaton Corporation Plc., Efacec Sistemas de Energia SAU,, General Electric Company,, Hitachi Ltd., Hyundai Motor Company,, Koninklijke Philips N.V,. Mitsubishi Electric Corporation,, Nissan Motor Co Ltd,. Panasonic Corporation,.
Product Definition:
A multi-standard fast charger is a type of charging station that is designed to work with multiple types of electric vehicles. This type of charger is important because it allows drivers to charge their vehicles at any public charging station, regardless of the make or model of the vehicle.
50 kW:
50 kW is the power output of a standard electric vehicle (EV) charging plug. It is used to charge an electric car in less than 4 hours. The usage of 50 kW fast chargers can also be done by using a level 1 or level 2 compatible adaptor, which takes around 3 to 8 hours depending upon the type of battery in EVs such as Li-ion and NiMH.
20 kW:
20 kW is a power rating for electric vehicles. It means that the charging equipment can deliver 20 kilowatts of electricity and it's equivalent to about 32 amperes. The higher the amperage, the faster will be charge your vehicle in less time.
Application Insights:
The public use segment dominated the global multi-standard fast chargers market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to growing number of electric vehicles (EVs) and increasing government initiatives to promote the adoption of EVs across various regions, including North America and Europe. For instance, as per a blog by Charged EVs in 2018, there are more than 7500 publicly accessible charging stations across Europe with around 40% stations located in France alone. Such initiatives are expected to drive demand for such chargers over the coming years.
Moreover, private use is projected to witness significant growth during the forecast period owing to rapid expansion of corporate offices.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The growth of this region can be attributed to increasing government initiatives, rising disposable income, and growing investments by various organizations. For instance, in September 2018, Volkswagen Group announced its plan to invest USD X billion by 2021 in India as part of an initiative named “Make in India†campaign initiated by the Indian government. This initiative is expected to create opportunities for electric vehicle manufacturers across the country.
Europe was another major contributor towards global multi-standard fast chargers market with a revenue share of more than 25% owing to high demand from public use applications such as municipal buses and charging stations provided free at airports or public parks etc., which are used primarily during peak hours when electricity rates are highest (i.e., overnight).
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 multi-standard fast chargers as well.
- 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 multi-standard fast chargers market during the forecast period.
- Rapid expansion of charging infrastructure: The installation of charging infrastructure is crucial for promoting electric vehicle adoption rates, and this is where multi-standard fast chargers come into play, as they can be used with multiple types of EVs . Thus, owing to this factor, we expect a rapid expansion in the installation base of multi-standard fast chargers in coming years .
- Growing awareness about environment friendly options: There has been a growing awareness among consumers about environment friendly options available today and this has led them to shift towards adopting electric vehicles . Multi-standard fast chargers offer an ecofriendly option when it comes to charging EVs , which will further fuel their adoption rates in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-standard Fast Chargers Market Research Report
By Type
50 kW, 20 kW
By Application
Public Use, Private Use
By Companies
Chargepoint(US), ABB(Switzerland), Eaton(Ireland), Leviton(US), Blink(US), Schneider Electric(France), Siemens(Germany), General Electric(US), AeroVironment(US), Panasonic(Japan), Chargemaster(UK), Elektromotive(UK), Clipper Creek(US)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Multi-standard Fast Chargers Market Report Segments:
The global Multi-standard Fast Chargers market is segmented on the basis of:
Types
50 kW, 20 kW
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
Public Use, Private 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:
- Chargepoint(US)
- ABB(Switzerland)
- Eaton(Ireland)
- Leviton(US)
- Blink(US)
- Schneider Electric(France)
- Siemens(Germany)
- General Electric(US)
- AeroVironment(US)
- Panasonic(Japan)
- Chargemaster(UK)
- Elektromotive(UK)
- Clipper Creek(US)
Highlights of The Multi-standard Fast Chargers 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:
- 50 kW
- 20 kW
- By Application:
- Public Use
- Private 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 Multi-standard Fast Chargers 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?
Multi-standard fast chargers are a type of electric vehicle charging station that can charge multiple types of electric vehicles at the same time. This is useful for drivers who have multiple types of electric vehicles, or who want to be able to charge their vehicle while they are working or shopping.
Some of the key players operating in the multi-standard fast chargers market are Chargepoint(US), ABB(Switzerland), Eaton(Ireland), Leviton(US), Blink(US), Schneider Electric(France), Siemens(Germany), General Electric(US), AeroVironment(US), Panasonic(Japan), Chargemaster(UK), Elektromotive(UK), Clipper Creek(US).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-standard Fast Chargers 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. Multi-standard Fast Chargers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-standard Fast Chargers Market - Supply Chain
4.5. Global Multi-standard Fast Chargers Market Forecast
4.5.1. Multi-standard Fast Chargers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-standard Fast Chargers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-standard Fast Chargers Market Absolute $ Opportunity
5. Global Multi-standard Fast Chargers 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. Multi-standard Fast Chargers Market Size and Volume Forecast by Type
5.3.1. 50 kW
5.3.2. 20 kW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-standard Fast Chargers 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. Multi-standard Fast Chargers Market Size and Volume Forecast by Application
6.3.1. Public Use
6.3.2. Private Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-standard Fast Chargers 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. Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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. Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Demand Share Forecast, 2019-2026
9. North America Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Market Size and Volume Forecast by Application
9.4.1. Public Use
9.4.2. Private Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-standard Fast Chargers Market Size and Volume Forecast by Type
9.7.1. 50 kW
9.7.2. 20 kW
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 Multi-standard Fast Chargers Demand Share Forecast, 2019-2026
10. Latin America Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Market Size and Volume Forecast by Application
10.4.1. Public Use
10.4.2. Private Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-standard Fast Chargers Market Size and Volume Forecast by Type
10.7.1. 50 kW
10.7.2. 20 kW
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 Multi-standard Fast Chargers Demand Share Forecast, 2019-2026
11. Europe Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Market Size and Volume Forecast by Application
11.4.1. Public Use
11.4.2. Private Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-standard Fast Chargers Market Size and Volume Forecast by Type
11.7.1. 50 kW
11.7.2. 20 kW
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 Multi-standard Fast Chargers Demand Share, 2019-2026
12. Asia Pacific Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Market Size and Volume Forecast by Application
12.4.1. Public Use
12.4.2. Private Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-standard Fast Chargers Market Size and Volume Forecast by Type
12.7.1. 50 kW
12.7.2. 20 kW
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 Multi-standard Fast Chargers Demand Share, 2019-2026
13. Middle East & Africa Multi-standard Fast Chargers 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 Multi-standard Fast Chargers 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 Multi-standard Fast Chargers Market Size and Volume Forecast by Application
13.4.1. Public Use
13.4.2. Private Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-standard Fast Chargers Market Size and Volume Forecast by Type
13.7.1. 50 kW
13.7.2. 20 kW
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 Multi-standard Fast Chargers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-standard Fast Chargers Market: Market Share Analysis
14.2. Multi-standard Fast Chargers Distributors and Customers
14.3. Multi-standard Fast Chargers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chargepoint(US)
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(Switzerland)
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(Ireland)
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(US)
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(US)
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 Electric(France)
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(Germany)
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(US)
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(US)
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(Japan)
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(UK)
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(UK)
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(US)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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