Electric Vehicle Charging Infrastructure Market Overview
Maximize Market Research is a leading market research firm based in Pune that has published a detailed analysis of the Electric Vehicle Charging Infrastructure Market. The updated Electric Vehicle Charging Infrastructure market reports include the market size data for the year 2023 and provide an estimated value for 2030, and a CAGR forecast has been made for the period from 2024 to 2030.
Forecasted Growth Potential of Electric Vehicle Charging Infrastructure Market
The Electric Vehicle Charging Infrastructure Market size was valued at USD 21.45 Billion in 2023 and the total Electric Vehicle Charging Infrastructure Market revenue is expected to grow at a CAGR of 29.75% from 2024 to 2030, reaching nearly USD 132.82 Billion.
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Electric Vehicle Charging Infrastructure Market Report Scope and Research Methodology
The Electric Vehicle Charging Infrastructure Market Report provides a comprehensive analysis of the industry landscape, offering insights into the market scope, trends, and growth drivers. The report encompasses a thorough examination of various segments within the Electric Vehicle Charging Infrastructure market, including product types, applications, and regional perspectives. By applying a rigorous research methodology, which includes primary and secondary data collection, as well as qualitative and quantitative analysis techniques, the report delivers valuable insights for stakeholders and decision-makers. The report assists businesses in making strategic decisions for the Electric Vehicle Charging Infrastructure market by examining market dynamics, competitive landscape, and technological advancements.
The research methodology employed in the Electric Vehicle Charging Infrastructure Market Report ensures accuracy and reliability by gathering data from reputable sources and conducting extensive literature reviews and market databases. The data collected is then analyzed using sophisticated statistical techniques and models to derive significant conclusions and forecasts. The accuracy of the information provided in the report is validated through rigorous quality control measures, guaranteeing that stakeholders can depend on the insights to make well-informed decisions.
Overall, the combination of comprehensive scope and robust research methodology makes the Electric Vehicle Charging Infrastructure Market Report an invaluable resource for understanding and navigating the dynamics of the global Electric Vehicle Charging Infrastructure market.
Electric Vehicle Charging Infrastructure Market Regional Insights
The regional insights of the Electric Vehicle Charging Infrastructure Market highlight variations in market dynamics across different geographical regions. The report includes an in-depth analysis of all the factors, market size, growth rate, and import and export in regions. 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
Slow Charger
Fast Charger
The market is divided into two segments based on the type of charger: slow chargers and fast chargers. With over 92% of global sales in 2023, the fast charging type segment led the market. The surge was attributed to the high demand for rapid charges in commercial stations. Level 1 DC fast chargers or Level 2 AC charging stations, which can fully charge an electric vehicle in 4 to 6 hours, are placed in most workplaces. Additionally, automakers are concentrating on installing EV charging stations for their employees as part of their efforts to raise awareness about their electric vehicles.
by Connector Type
CHAdeMO
Combined Charging System (CCS)
Others
The market is further divided into CHAdeMO, Combined Charging System (CCS), and other connector types. The CHAdeMO connector segment has a significant market share of more than 30% in 2023. This is because of its ease of use and compatibility with a variety of EVs, such as BMW, GM, and VW, among others. Because it only needs one charging port, it also gives EV designers more freedom than CHAdeMO connectors, which need two charging ports because they can't permit AC charging. Additionally, the existing CHAdeMO connectors are in compliance with the Japan Electric Vehicle Standard (JEVS) and have a 62.5 kW DC output.
by Application
Commercial
Residential
The market for electric car charging infrastructure is divided into two segments based on the application: commercial and residential. The commercial market had the largest revenue share of over 84% in 2023 as a result of government initiatives and money provided by automakers for the construction of public EVCI infrastructure. For long-distance travel, overnight charging or charging at home would not be adequate, hence public infrastructure expansion is necessary. Additionally, a number of public transportation organizations are collaborating with automakers to create charging stations for electric buses. For instance, Siemens and TRAFIKSELSKABET MOVIA have signed an agreement for the installation of top-down pantograph electric bus charging stations for 45 municipalities, including Region Zealand and the City of Copenhagen.
Table of Content: Electric Vehicle Charging Infrastructure Market
Part 01: Executive Summary
Part 02: Scope of the Electric Vehicle Charging Infrastructure Market Report
Part 03: Global Electric Vehicle Charging Infrastructure Market Landscape
Part 04: Global Electric Vehicle Charging Infrastructure Market Sizing
Part 05: Global Electric Vehicle Charging Infrastructure Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Electric Vehicle Charging Infrastructure Market Key Players
North America Electric Vehicle Charging Infrastructure Market:
1. AeroVironment, Inc. - (United States)
2. ChargePoint, Inc. - (United States)
3. SemaConnect, Inc. - (United States)
4. ClipperCreek, Inc. - (United States)
5. Tesla Motors, Inc. - (United States)
6. General Electric Company - (United States)
7. Leviton Manufacturing Co., Inc. - (United States)
8. EVgo - (United States)
9. Blink Network - (United States)
10. Greenlots - (United States)
Europe Electric Vehicle Charging Infrastructure Market:
1. ABB Group - (Switzerland)
2. Elektromotive Limited - (United Kingdom)
3. Schneider Electric SE - (France)
4. Chargemaster Plc - (United Kingdom)
5. Delphi Automotive LLP - (United Kingdom)
6. Eaton Corporation - (Ireland)
7. Siemens AG - (Germany)
8. Engie - (France)
9. Pod Point Ltd. - (United Kingdom)
10. NewMotion - (Netherlands)
Asia Pacific Electric Vehicle Charging Infrastructure Market:
1. BYD Company - (China)
2. Efacec Electric Mobility - (Portugal)
3. Delta Electronics, Inc. - (Taiwan)
4. TGOOD Global Ltd. - (China)
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Key questions answered in the Electric Vehicle Charging Infrastructure Market are:
- What is Electric Vehicle Charging Infrastructure ?
- What is the growth rate of the Electric Vehicle Charging Infrastructure Market?
- Who are the key players in the Electric Vehicle Charging Infrastructure market?
- Who are the leading companies and what are their portfolios in 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?
- 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 segments are covered in the Electric Vehicle Charging Infrastructure Market?
- What segments are covered in the Electric Vehicle Charging Infrastructure Market?
- What are the key opportunities in the market?
- What factors restrain the market growth?
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Key Offerings:
- 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
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