Global Electric Vehicle Charging Station Market size was valued at US$ 19.28 Bn. in 2021 and the total revenue is expected to grow at 30.8% through 2022 to 2029, reaching US$ 165.18 Bn.
Market Overview
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Market Scope
Competitive analysis of the Electric Vehicle Charging Station Market which gives insides to new players about sharks present in the Market with their financial health, revenue, technological advancements, mergers and acquisitions, recent developments, Marketing tactics, alliances, and joint ventures.
The Electric Vehicle Charging Station Market report consists of microanalysis with accurate illustrations, graphs and simple-to-grasp language which helps users to understand the key points and overall aspects of the industry, this report is carved using history, consumer habits, & Market volatility.
The Electric Vehicle Charging Station Market report consists of the analysis of restraints, opportunities, challenges, and risks with the help of SWOT analysis and Porter’s Five Forces analysis, which are standard & prominent full-proof methods to provide analysis of the Market.
Segmentation
Level 1, Level 2, and Level 3 kinds are the segments of the (EV) EV Charging Station Market. During the forecast period, level and level 2 charging is anticipated to experience the fastest growth. The number of DC fast chargers (ports) grew by more than 4,200, or 24 percent, at the end of 2021 compared to year-end 2020, according to recent EV adoption, Alternative Fuels statistics Centre (AFDC) statistics.
During the same time period, the number of Level 2 chargers increased by 13,883, far outpacing the 4,216 new DC fast chargers, however at a slower rate of 18% than the Level 2 chargers with a far larger base. With $7.5 billion put aside for three different EV charging infrastructure plans, in addition to the DOE loan programme and a doubling of new EV sales in the US, we anticipate much more growth in 2022. The number of Level 2 chargers could rise to 105,000–110,000, and there could be 27,000–30,000 DC fast chargers.
According to charging infrastructure type, in 2021 the upcoming Tesla supercharger owned the largest market share. In order to meet the increasing demands of the business, Tesla (NASDAQ: TSLA), a manufacturer of electric cars (EVs), has experienced a significant increase in the number of its supercharger stations. Tesla reported an increase in the number of supercharger stations year over year (YoY) of 33.88% from the 2,966 stations recorded at the same time in 2021 to 3,971 stations in Q2 2022. During the first three months of 2022, there were 3,724 stations in total, an increase of 7.13% from the previous quarter. The number of supercharger connections increased in other areas as well, reaching 36,165 in Q2 2022, according to the industry. The figure indicates a 34.44% YoY growth.
Key Players
• Blink Charging (US)
• Tesla, Inc. (US)
• General Electric Company (US)
• Leviton Manufacturing Co., Inc. (US)
• SemaConnect (US)
• ChargePoint, Inc. (US)
• ClipperCreek, Inc. (US)
• EVgo (US)
• Connected Kerb Limited (UK)
• bp pulse (UK)
• ABB Ltd. (Switzerland)
• Siemens AG (Germany)
• Webasto Group (Germany)
• Engie (France)
• Schneider Electric SE (France)
• CIRCUTOR, SA (Spain)
• Telwin SpA (Italy)
• Alfen N.V. (Netherlands)
• Heliox Energy (Netherlands)
• Allego B.V. (Netherlands
• Eaton Corporation plc (Ireland)
• Bell Hub Pty Ltd. (Australia)
• Chargefox Pty Ltd (Australia)
• BRIGHTBLU (India)
• Prodrive Technologies (Japan)
Regional Analysis
The report assists in planning and implementing new strategies which are suitable and appropriately applicable according to specific countries and regions in the Market.
The detailed regional analysis provided in the report aids stakeholders, new entrants, investors, entrepreneurs, researchers, Market followers and players in an easy illustration of various elements of the Market, presenting a future outlook with expected risks and trends in the Market.
A competitive regional analysis of the Electric Vehicle Charging Station Market was conducted listing competitors in the Market along with new entrants. A comprehensive analysis is effective to gain a comprehensive understanding of the Market structure and growth strategies of various players.
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Key Questions answered in the Electric Vehicle Charging Station Market Report are:
- What is Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the Market?
- Which region held the largest Market share in the Market?
- What are the opportunities for the Market?
- What factors are affecting the Electric Vehicle Charging Station Market growth?
- Who are the key players of the Market?
- Which company held the largest share in the Electric Vehicle Charging Station Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Electric Vehicle Charging Station
- Landscape- Leading key players and other prominent key players.
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