Electric Vehicle Charging Stations market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behavior and their growing spending capacity
The global Electric Vehicle (EV) charging stations market size reached USD 6.72 Billion in 2021 and is expected to register a revenue CAGR of 38.7% during the forecast period, according to latest analysis by Emergen Research. Increasing purchase of electronic vehicles, government policies, and financing for expansion of electric vehicle charging stations are expected to support market revenue growth between 2022 and 2030. Demand for electric vehicle charging stations is continuously rising due to increased adoption of electric cars across the globe. Rising Carbon Dioxide (CO2) emissions and other hazardous pollutants due to petrol and diesel transportation led people to shift to electric vehicle, which is expected to drive revenue growth during the forecast period. In addition, rising adoption of green and renewable energy is also expected to boost electric vehicle charging stations market growth.
However, high initial setup cost for electric vehicle charging stations is hampering market revenue growth. Initial cost for installing and setting up an EV charging station is high, especially for level 3 and other fast-charging stations. In addition, other expenses related to electricity, manpower, maintenance, permit taxes, and installation of electrical charging equipment are increasing overall expenses to set up an electric vehicle charging station, which is expected to hamper market revenue growth to some extent.
The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
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The extensive study further brings to light data on critical factors including but not limited to product classification, key driving forces, major application and important definitions. To help reduce the risk of an investment decision going wrong the study dives deep into critical aspects such as import and export trends, supply chain management, production capability, sale, product pricing and spending power. In addition, a closer look at the overall business scenario presented through self-explanatory charts, tables, and graphics images add greater value to the study on the Electric Vehicle Charging Stations market.
Top Companies Operating in the Electric Vehicle Charging Stations Market and Profiled in the Report are:
ABB Ltd., Tesla Inc., Chargepoint, Inc., BP Pulse, Schneider Electric SE, Semaconnect Network, EVGO Services LLC, EVBox Group, Eaton Corporation PLC, Shell PLC, Blink Charging Co., Siemens AG, Webasto SE, and Hyundai Motor Company
It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
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Regional analysis of the Electric Vehicle Charging Stations market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.
To offer more clarity on what the future holds for the industry elements such market segmentation based on the end-user, geography, product type, gross margin and profits generated across various regions for the forecast period, 2021 – 2028.In addition, the inclusion of statistics on acquisition and mergers, collaborations, technology innovation and key market players further makes this research on Electric Vehicle Charging Stations market value for business evangelists planning to explore new regions, launch revolutionary products and increase their customer base.
Emergen Research has segmented global electric vehicle charging stations market on basis of charging level, charging infrastructure, vehicle type, installation type, application, and region:
- Charging level Outlook (Revenue, USD Billion; 2019–2030)
- Level 1 (120V)
- Level 2 (208V-240V)
- Level 3 (Up to 600V)
- Charging Infrastructure Outlook (Revenue, USD Billion; 2019–2030)
- Normal Charging
- Combines Charging Station (CCS)
- CHAdeMO
- Tesla Supercharger
- Type-2
- Vehicle Type Outlook (Revenue, USD Billion; 2019–2030)
- Electric Bike
- Plug-In Hybrid Electric Vehicle (PHEV)
- EV Passenger Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
- Others
- Installation Type Outlook (Revenue, USD Billion; 2019–2030)
- Portable Chargers
- Fixed Chargers
- Application Type Outlook (Revenue, USD Billion; 2019–2030)
- Public
- Private
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The research methodologies used for evaluating the Electric Vehicle Charging Stations market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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