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The EV charging station market size in Europe is expected to reach a value of USD 6.36 billion during 2021-2025 at a CAGR of 30.84%. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increasing investments in EV charging infrastructure development are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.
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Navigate through market segmentation by type (AC charging stations and DC charging stations) and geography (the Netherlands, Germany, France, the UK, and the rest of Europe) in this EV charging station market report of Europe to pursue growth opportunities.
Get actionable insights on the EV charging station market segments in Europe to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic EV charging station market predictions in Europe on-demand changes for 2021-2025? You can buy the report now with one easy click.
The EV charging station market in Europe is fragmented and the vendors are deploying growth strategies such as improving their competencies in the EV charging space to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update. Buy the full EV charging station market forecast report of Europe for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis. |
32% of the EV charging station market growth in Europe will originate from the rest of Europe during the forecast period. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!
The rest of Europe has been exhibiting a significant growth rate for EV charging station market vendors in Europe. Factors such as the favorable regulations supporting EVs are accelerating the EV charging station market growth in rest of Europe. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.
The EV charging station market share growth in rest of Europe will be faster than the growth of the market in the Netherlands. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The EV charging station market share growth in Europe by the AC charging stations segment will be significant during the forecast period. The AC charging stations segment dominated the EV charging station market in Europe owing to the cost-effective nature of AC charging stations. Additionally, compared with DC charging stations, AC charging stations require less equipment and space for installment. Factors such as low installation cost and maintenance cost favor the installation of AC charging stations. This report provides an accurate prediction of the contribution of all the segments to the growth of the EV charging station market size in Europe.
From the EV charging station market segmentation insights in Europe, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID19 impact on each segment.
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding EV charging station market growth in Europe is the high installation and maintenance costs associated with EV charging stations. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
The rising investments from various companies and governments for the development of charging infrastructure for EVs are driving the demand for EV charging stations in Europe. Moreover, investments in charging stations in prominent countries such as Germany are also growing steadily owing to the presence of a favorable regulatory environment. The adoption of EVs is also increasing due to their ability to either reduce or negate the use of gasoline or diesel. EV manufacturers like Tesla are investing heavily in the research and development of EVs with a high mile range and expansion of its charging stations. Hence, the increasing focus of governments and vendors on developing EV charging infrastructure will contribute to the growth of the EV charging stations market in Europe during the forecast period. |
The demand for bi-directional chargers, also called V2G chargers, is growing in Europe with the rising adoption of EVs. The growing popularity of V2G chargers is one of the vital EV charging stations market trends as it enables energy to be pushed back to the power grid from the battery of an electric car. A cluster of EVs connected to the grid serves as a distributed energy storage source, making it low-cost energy storage technology. Various vehicle manufacturers are also actively investing in the development of V2G charger technology. |
This EV charging station market analysis report of Europe provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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EV Charging Station Market In Europe Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 31% |
Market growth 2021-2025 |
$ 6.36 billion |
Market structure |
Fragmented |
YoY growth (%) |
31.88 |
Regional analysis |
The Netherlands, Germany, France, UK, and Rest of Europe |
Performing market contribution |
Rest of Europe at 32% |
Key consumer countries |
The Bahamas, Thailand, Tajikistan, and Faroe Islands |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ABB Ltd., BP Plc, ChargePoint Inc., EFACEC Power Solutions SGPS SA, ENGIE SA, Royal Dutch Shell Plc, Schneider Electric SE, Siemens AG, Tesla Inc., and Webasto SE |
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 forecast period, |
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. |
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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