Electric Vehicle (EV) Charging Station Market by Type and Geography - Forecast and Analysis 2021-2025
- Published: Mar 2021
- Pages: 120
- SKU: IRTNTR40837
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The electric vehicle (EV) charging station market size has the potential to grow by USD 22.02 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 30.69%.
This report provides a detailed analysis of the market by type (AC and DC) and geography (APAC, Europe, North America, MEA, and South America).
Electric Vehicle (EV) Charging Station Market Share
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Market Competitive Analysis
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- ABB Ltd.
- ChargePoint Inc.
- ENGIE SA
- EV Safe Charge Inc.
- EVgo Services LLC
- Leviton Manufacturing Co. Inc.
- Schneider Electric SE
- Siemens AG
- Tesla Inc.
- Webasto SE
The EV charging station market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as increasing sales of BEVs and PHEVs to achieve growth opportunities. However, factors such as lack of standardization in EV charging infrastructure will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the electric vehicle charging station market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This electric vehicle charging station market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
Electric Vehicle (EV) Charging Station Market: Key Drivers and Trends
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Electric Vehicle (EV) Charging Station Market: Segmentation by Geography
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46% of the market’s growth will originate from APAC during the forecast period. China is a key market for electric vehicle charging stations in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The high sales of BEVs and PHEVs in China, Singapore, Japan, and South Korea will facilitate the electric vehicle charging station market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Electric Vehicle (EV) Charging Station Market: Segmentation by Type
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The electric vehicle charging station market share growth by the AC segment will be significant during the forecast period. Compared with DC charging stations, AC charging stations require less infrastructure. AC charging stations typically require low set-up cost, installation cost, and maintenance cost, forming a key factor for the increasing installation of AC charging stations.
Fetch actionable market insights on post COVID19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the electric vehicle charging station market size.
Key Highlights of the Electric Vehicle (EV) Charging Station Market Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive electric vehicle charging station market growth during the next five years
- Precise estimation of the EV charging station market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electric vehicle charging station industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electric vehicle charging station market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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