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The global electric vehicle charging station market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
An electric vehicle charging station, or electric vehicle supply equipment (EVSE), is a device used for charging plug-in electric vehicles (EVs), such as hybrids, electric cars and neighborhood EVs. The charging stations operate through a software application, energy controller, network operating center, facility meter and energy conversion system connected to the power grid. The charger unit provides charging of varying levels. Level 1 charging stations utilize standard household outlet, level 2 stations are compatible with all-electric vehicles and consists of a cord that plugs directly into the vehicle and level 3 stations are direct current (DC) fast chargers that provide rapid charging of the vehicles. These stations also provide accurate readings of emission levels and aid in minimizing the overall maintenance costs.
The increasing demand for EVs across the globe is one of the key factors driving the market. With the rising environmental consciousness, the consumer preference is rapidly shifting towards passenger and commercial EVs. Moreover, various technological advancements, such as the integration of all-EV charging stations systems with the Internet of Things (IoT) and real-time information solutions, are providing a thrust to the market growth. These technologies assist the users in locating the nearby charging stations, provide real-time data about the availability of vacant spots and schedule convenient slots for fill ups. In line with this, various product innovations, such as the development of wireless induction pads that aid in rapid recharging with minimal equipment requirements, are positively impacting the market growth. Other factors, including the implementation of various government initiatives to increase the adoption of hybrid and EVs, along with widespread deployment of supercharging stations in remote areas, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric vehicle charging station market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on charging station type, vehicle type, installation type, charging level, connector type and application.
Breakup by Charging Station Type:
Breakup by Vehicle Type:
Breakup by Installation Type:
Breakup by Charging Level:
Breakup by Connector Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited and Tesla Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Charging Station Type, Vehicle Type, Installation Type, Charging Level, Connector Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited and Tesla Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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