Electric Vehicle Charging Infrastructure Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Electric Vehicle Charging Infrastructure Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Electric Vehicle Charging Infrastructure market, with forecasts outspreading to the year 2030.
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Estimated Growth Rate for 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.
Electric Vehicle Charging Infrastructure Market Scope and Methodology:
The method used in the report to give investors relevant information is a combination of descriptive analysis and SWOT analysis. Presenting a comprehensive image of the Electric Vehicle Charging Infrastructure market is the study's main objective. The data collection process makes use of a variety of methods, such as questionnaires and surveys. Mathematical, statistical, and numerical techniques are then used to evaluate the data. Compiling and arranging data is crucial since identifying Electric Vehicle Charging Infrastructure market trends requires the application of both qualitative and quantitative research techniques.
By carefully examining the buyer-direct scenario, R&D projects, innovative forms of development, cutting-edge industry practices, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes charts, organizational portfolios, methods, and a critical evaluation of well-known corporate CEOs. Electric Vehicle Charging Infrastructure To determine market trends and provide microeconomic variables, the market conducted a thorough SWOT and PESTLE analysis.
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Electric Vehicle Charging Infrastructure Market Regional Insights
The evaluation of the market's prospective futures involves a thorough examination of various factors, including the buyer-direct scenario, R&D initiatives, creative forms of development, cutting-edge industry practices, and market consolidations and acquisitions. The study includes methods, organizational charts, portfolios, and a critical assessment of prominent business executives. Electric Vehicle Charging Infrastructure Market conducted a comprehensive SWOT and PESTLE analysis to identify market trends and offer microeconomic variables.
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
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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?
- What was the Electric Vehicle Charging Infrastructure Market size in 2023?
- What are the upcoming opportunities and trends for the Electric Vehicle Charging Infrastructure Market?
- What are the different segments of 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?
- Which are the factors expected to drive the Electric Vehicle Charging Infrastructure Market growth?
- What growth strategies are the players considering to increase their presence in Electric Vehicle Charging Infrastructure ?
- Who are the leading companies and what are their portfolios in Electric Vehicle Charging Infrastructure Market?
- Who are the key players in the Electric Vehicle Charging Infrastructure market?
- What is the CAGR at which the Electric Vehicle Charging Infrastructure market will grow during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- 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 Maximize Market Research:
Maximize 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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