Electric Vehicle Charging Infrastructure Market size was valued at US$ 20 Billion in 2023 and the revenue is expected to grow at 28% through 2024 to 2030, reaching nearly US$ 112.59 Billion.
Electric Vehicle Charging Infrastructure Market Overview
Stellar Market Research, an Electric Vehicle Charging Infrastructure business research firm has published a report on the “Electric Vehicle Charging Infrastructure Market”. As per the “Electric Vehicle Charging Infrastructure report,” the total market for Electric Vehicle Charging Infrastructure Market was USD 20 Bn. in 2023 and is expected to reach USD 112.59 Bn. by 2030.
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Electric Vehicle Charging Infrastructure Market Report Scope and Research Methodology
The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Electric Vehicle Charging Infrastructure Market size and the growth rate. Statistical and analytical tools are then used to analyse the data, identify market trends, estimate market size and growth potential. Additionally, competitive analysis may be conducted to understand the market share, product offerings, and competitive strategies of key market players. Comprehensive research is crucial for providing accurate and dependable insights into the Electric Vehicle Charging Infrastructure Market, and guiding decision-makers about the present and future status of the market.
Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market. Swot analysis is used to identify the strength and weaknesses of the market. The bottom-up approach was used to estimate the Electric Vehicle Charging Infrastructure Market size
Electric Vehicle Charging Infrastructure Market Regional Insights
The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Electric Vehicle Charging Infrastructure market status in various countries. The Electric Vehicle Charging Infrastructure market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Electric Vehicle Charging Infrastructure Market Segmentation
By charger type, the market is divided into two main segments, slow chargers and fast chargers. The fast charger segment emerged as the dominant force, holding over 92% of global sales. This significant market share is driven by a demand for rapid chargers, mainly in commercial stations. In 2023, there was an increase in fast chargers by around 4,20,000; 85% of which was provided by China alone. Businesses, recognizing this trend, are installing Level 1 DC fast chargers and Level 2 AC charging stations, capable of fully charging electric vehicles within 3 to 6 hours. Automakers are strategically deploying electric vehicle (EV) charging stations to promote awareness of electric cars like installation of 100 Level 2 EV charging stations in the parking areas of General Motors Company’s Detroit facility.
By connector type, the market is majorly segmented into CHAdeMO (Charge the move), Combined Charging System (CCS). In 2023, the CHAdeMO connector segment secured a significant market share exceeding 35%. CHAdeMO is installed around 96 countries globally. This is due to its broad compatibility with a diverse range of electric vehicles, including BMW, GM, and VW and its user-friendly design.
By Charger Type
Slow Charger
Fast Charger
By Connector type
CHAdeMO
Combined Charging System (CCS)
Others
By Application
Commercial
Residential
Electric Vehicle Charging Infrastructure Market Key Players
• AeroVironment, Inc.
• ChargePoint, Inc.
• SemaConnect, Inc.
• ClipperCreek, Inc.
• Tesla Motors, Inc.
• General Electric Company
• Leviton Manufacturing Co., Inc.
• EVgo
• Blink Network
• Greenlots
• ABB Group
• Elektromotive Limited
• Schneider Electric SE
• Chargemaster Plc
• Delphi Automotive LLP
• Eaton Corporation
• Siemens AG
• Engie
• Pod Point Ltd.
• NewMotion
• BYD Company
• Efacec Electric Mobility
• Delta Electronics, Inc.
• TGOOD Global Ltd.
Key questions answered in the Electric Vehicle Charging Infrastructure Market are:
- What is Electric Vehicle Charging Infrastructure?
- What was the Electric Vehicle Charging Infrastructure market size in 2023?
- What is the growth rate of the Electric Vehicle Charging Infrastructure Market?
- Which are the factors expected to drive the Electric Vehicle Charging Infrastructure market growth?
- What are the different segments of the Electric Vehicle Charging Infrastructure Market?
- What growth strategies are the players considering to increase their presence in Electric Vehicle Charging Infrastructure?
- What are the upcoming industry applications and trends for the Electric Vehicle Charging Infrastructure Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Electric Vehicle Charging Infrastructure Market?
- What segments are covered in the Electric Vehicle Charging Infrastructure Market?
- Who are the leading companies and what are their portfolios in Electric Vehicle Charging Infrastructure Market?
- What segments are covered in the Electric Vehicle Charging Infrastructure Market?
- Who are the key players in the Electric Vehicle Charging Infrastructure market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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