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The electric vehicle charging infrastructure market share in APAC is expected to increase by USD 15.70 billion from 2021 to 2025, and the market's growth momentum will accelerate at a CAGR of 29.58%.
This electric vehicle charging infrastructure market research report of APAC provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (AC and DC) and geography (China, South Korea (Republic of Korea), Japan, and Rest of APAC). The electric vehicle charging infrastructure market report of APAC also offers information on several market vendors, including ABB Ltd., ChargePoint Inc., Daimler AG, Renault SA, Royal Dutch Shell Plc, Schneider Electric SE, Siemens AG, Tesla Inc., TotalEnergies SE, and Webasto SE among others.
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The growing production of EVs is notably driving the electric vehicle charging infrastructure market growth in APAC, although factors such as lack of standardization and infrastructure may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electric vehicle charging infrastructure industry in APAC. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This electric vehicle charging infrastructure market analysis report of APAC also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the EV charging infrastructure market in APAC encompasses successful business strategies deployed by the key vendors. The Asia-Pacific electric vehicle charging infrastructure market is fragmented and the vendors are deploying growth strategies such as product launches and mergers and acquisitions to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The electric vehicle charging infrastructure market forecast report of APAC offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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92% of the market's growth will originate from China during the forecast period. China is a key market for electric vehicle charging infrastructure in APAC. Market growth in China will be faster than the growth of the market in South Korea (Republic of Korea) and Japan.
The growing adoption and sales of EVs, the enactment of various laws, subsidies, and policies to promote the adoption of EVs, and the declining battery costs will facilitate the EV charging infrastructure market growth in China over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The electric vehicle charging infrastructure market share growth in APAC by the AC segment will be significant during the forecast period. The adoption of AC charging infrastructures is higher due to their lower cost of production, operation, and installation than their counterparts. Therefore, the tariffs to charge from an AC EV charging infrastructure is also lower than its counterparts.
This report provides an accurate prediction of the contribution of all the segments to the growth of the EV charging infrastructure market size in APAC and actionable market insights on post COVID-19 impact on each segment.
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Electric Vehicle Charging Infrastructure Market Scope in APAC |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 29.58% |
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Market growth 2021-2025 |
$ 15.70 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
23.99 |
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Regional analysis |
China, South Korea (Republic of Korea), Japan, and rest of APAC |
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Performing market contribution |
China at 92% |
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Key consumer countries |
China |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., ChargePoint Inc., Daimler AG, Renault SA, Royal Dutch Shell Plc, Schneider Electric SE, Siemens AG, Tesla Inc., TotalEnergies SE, and Webasto SE |
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Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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