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Bharat Book Bureau Provides the Trending Market Research Report on “Electric Vehicle Charging Stations Market by Charging Type , Connection Type , Component, Mounting Type , Vehicle Type, End User, and Geography - Global Forecast to 2028”under Automotive Market Research Report. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Executive Summary
Electric Vehicle Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component (Hardware, Software, Services), Mounting Type (Wall, Pedestal), and Vehicle Type- Global Forecast to 2028
The research report titled “Electric Vehicle Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component (Hardware, Software, Services), Mounting Type (Wall, Pedestal), and Vehicle Type- Global Forecast to 2028”, provides an in-depth analysis of the electric vehicle charging stations market across five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2028. The Electric Vehicle Charging Stations Market is expected to reach $103.6 billion by 2028, at a CAGR of 26.4% during the forecast period, 2021-2028. By volume, this market is expected to grow at a CAGR of 31.1% from 2021 to reach 11.6 million units by 2028.
The growth of this market is mainly attributed to the government initiatives to drive the adoption of electric vehicles and associated infrastructure, rising demand for electric vehicle fast-charging infrastructure, increasing prevalence of range anxiety, and increasing deployment of EVs by shared mobility operators are also a few of the key factors driving the growth of the electric vehicle charging stations market.
The study offers a comprehensive analysis of the electric vehicle charging stations market with respect to charging type (level 1, level 2, DCFC), connection type (pantograph, connector, wireless), component (hardware, software, services), mounting type (wall, pedestal, and ceiling) vehicle type, end-user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on charging type, the electric vehicle charging stations market is mainly segmented into Level 2, Level1, and DC fast charging. The DC fast-charging segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to growing government initiatives for installing fast-charging stations, rebate on the purchase of DC fast-charging stations, increasing investments from automakers towards the development of DC fast-charging station infrastructure to support their long-range battery-electric vehicle, and ability of DC fast chargers to provide faster charging as compared to Level 1 & Level 2 charging stations.
Based on connection type, the electric vehicle charging stations market is segmented into pantograph, connector, and wireless EV charging. The wireless EV charging segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising demand for EV fast-charging infrastructure, increasing implementation of wireless charging infrastructure in Europe, increasing prevalence of range anxiety issues associated with electric vehicles, and the growing use of autonomous vehicles for public transport and logistics.
Based on component, the electric vehicle charging stations market is segmented into hardware, software, and services. The software segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing software adoption to overcome the optimum power challenges and optimize charging station operation, high configurability offering services to EV owners, and increasing adoption of smart charging management software by OEMs.
Based on mounting type, the electric vehicle charging stations market is segmented into wall mount, pedestal mount, and ceiling mount. The pedestal mount segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to increasing deployment of pedestal-mounted EV chargers by real estate property owners and managers; increasing installation of pedestal-mounted EV charging stations in retail stores, supermarts, and fuel stations; new product launches in the pedestal-mounted EV charging stations segment; and increasing R&D in emerging technologies such as Vehicle-to-Grid (V2G).
Based on vehicle type, the electric vehicle charging stations market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles, and two-wheelers & scooters. The light commercial vehicles segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to growing awareness regarding the role of electric vehicles in reducing emissions, increase in demand for electric vehicles to reduce fleet emissions, and stringent government rules and regulations towards vehicle emissions.
Based on end user, the electric vehicle charging stations market is segmented into commercial EV charging stations and residential EV charging stations. The commercial EV charging stations segment accounted for the largest share of the electric vehicle charging stations market in 2020. The large share of this segment is mainly attributed to the growing number of EV charging stations in public places like shopping malls, restaurants, commercial buildings, parking areas, railway stations, and airports; and government initiatives for the installation of publicly accessible charging stations. Moreover, this segment is expected to grow at the highest CAGR during the forecast period.
Geographically, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is estimated to account for the largest share of the electric vehicle charging stations market in 2020. The large share of this region is primarily attributed to the growing demand for electric vehicles in countries such as China and Japan, rising government initiatives to reduce greenhouse gas emissions, which, in turn, is poised to increase the adoption of electric vehicle and associated charging infrastructure, and ongoing investments by various countries for robust charging infrastructure used in shopping malls, public buildings, and parking facilities.
The key players operating in the electric vehicle charging stations market are Webasto Group (Germany), EVBox Group (Netherlands), Electrify America LLC. (U.S.), BP p.l.c. (U.K.), Royal Dutch Shell PLC (Netherlands), Evgo Services LLC. (U.S.), Connected Kerb Limited (U.K.), Wanbang Xingxing Charging Technology Co., Ltd. (China), Électricité de France (France), Tesla, Inc. (U.S.), Hangzhou Aoneng Power Supply Equipment Co., Ltd. (China), EV Charging Installers of America LLC (U.S.), Addénergie Technologies, Inc. (Canada), EV Connect, Inc. (U.S.), and ChargePoint Holdings, Inc. (U.S.).
Key Questions Answered in the Report-
•Which are the high-growth market segments in terms of charging type, connection type, vehicle type, mounting type, component, end user, and geography?
•What is the historical market size for the electric vehicle charging stations market?
•What are the market forecasts and estimates for the period 2021-2028?
•What are the major drivers, restraints, opportunities, and challenges in the electric vehicle charging stations market?
•Who are the major players in the market, and what share of the market do they hold?
•Who are the major players in various countries, and what share of the market do they hold?
•How is the competitive landscape for the electric vehicle charging stations market?
•What are the recent developments in the electric vehicle charging stations market?
•What are the different strategies adopted by the major players in the market?
•What are the key geographic trends, and which are the high-growth countries?
•Who are the local emerging players in the electric vehicle charging stations market, and how do they compete with the other players?
Scope of the Report
Electric vehicle charging stations Market, by charging Type
•Level 2
•Level 1
•DC Fast charging
Electric vehicle charging stations Market, by connection type
•Connectors
•Pantograph
•Wireless EV charging
-Static wireless EV charging
-Dynamic wireless EV charging
Electric vehicle charging stations Market, by component
•Hardware
-Electric Vehicle Supply Equipment (EVSE)
-Electrical Distribution Systems
-Cable Management Systems
•Software
-Charging Station Management Systems (CSMS)
-Interoperability Solutions
-Open Charge Point Protocol (OCPP)
-Smartphone Applications
•Services
-Maintenance Services
-Systems Integration & Installation Services
Electric vehicle charging stations Market, by mounting type
•Wall Mount
•Pedestal Mount
•Ceiling Mount
Electric vehicle charging stations Market, by vehicle type
•Passenger Cars
•Heavy Commercial Vehicles
•Light Commercial Vehicles
•Two-wheelers & Scooters
Electric vehicle charging stations Market, by end-user
•Commercial EV Charging Stations
-Commercial Public EV Charging Stations
?On-Road Charging
?Parking Spaces
?Destination Chargers
-Commercial Private EV Charging Stations
?Fleet Charging
?Captive Charging
•Residential EV Charging Stations
Electric vehicle charging stations Market, by Geography
•Asia-Pacific (APAC)
-China
-Japan
-South Korea
-India
-Australia
-New Zealand
-Rest of Asia-Pacific (RoAPAC)
•Europe
-Germany
-France
-U.K.
-Italy
-Spain
-Netherlands
-Sweden
-Norway
-Denmark
-Rest of Europe (RoE)
•North America
-U.S.
-Canada
•Latin America
•Middle East & Africa
Browse our full report with Table of Content : https://www.bharatbook.com/report/395350/electric-vehicle-charging-...
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