New York, According to a new market research report published by Global Insight Services “Electric vehicle charging station market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Electric vehicle charging stations are devices that are used to charge electric vehicles, such as cars, trucks, and buses. These stations use either alternating current (AC) or direct current (DC) to charge the batteries of the vehicles. AC charging stations are more common, as they are less expensive to install and maintain. DC charging stations are typically used for faster charging, as they can charge the batteries of the vehicles more quickly.
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Key Players
- ABB
- Shell
- ChargePoint
- Tesla
- BYD
- Blink Charging Co.
Key Trends and Drivers
One trend is the increasing number of electric vehicles being sold. In the past few years, there has been a significant increase in the number of EVs being sold globally. This is due to a number of factors, such as the increasing awareness of the environmental benefits of EVs, the falling cost of batteries, and the availability of government incentives.
As the number of EVs on the roads increases, so does the demand for charging stations. EV owners need somewhere to charge their vehicles, so the demand for charging stations is growing.
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Market Segments
By Level of Charging
- Level 1
- Level 2
- Level 3
By Charging Point Type
- AC (Normal Charging)
- DC (Super Charging)
By Installation Type
- Fixed
- Portable
By Application
- Private
- Public
By Charging Services
- EV Charging Service
- Battery Swapping Service
By Charging Infrastructure Type
- Normal Charging
- Type 2
- CCS
- CHAdeMO
- Tesla SC
- GB/T
By Electric Bus Charging Type
- Off-board Top-down Pantograph
- On-board Bottom-up Pantograph
- Charging Via Connector
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