Global DC Wallbox Charger Market 2018-2022

Overview of the DC wallbox charger market

Technavio’s market research analysts have identified the growing sales volume of electronic vehicles across the world as one of the primary factors that will trigger the growth of the DC wallbox charger market in the coming years. Electronic vehicles are gaining traction as it is considered as one of the best alternatives for IC engine-driven vehicles in the automotive industry. The regenerative braking system finds its application in hybrid and EVs and their increasing sales volume is influencing the market positively. EVs offer several advantageous factors such as reducing costs, longer driving range, and increasing number of charging stations. Moreover, the rising number of strict emission norms, fuel economy regulations, and concern on depleting natural resources are significantly contributing to the growth of the market. Our market research analysts estimate that the DC wallbox charger market will grow steadily at a CAGR close to 67% by 2022.

The growing technological advances in the field of DC is one of the key trends in the DC wallbox charger market. Technological improvements in the charging infrastructure and equipment are the latest trends in the automotive EV industry. Several players in this industry are constantly focusing on developing ultrafast EV charging infrastructure. Several players are working on the development modular charging system for EVs. With the help of this system, upgrading to higher power levels can be done over time.

What's your takeaway?

Technavio's industry research report titled, - Global DC Wallbox Charger Market, will help you-

• Identify latent opportunities and explorative solutions in the DC wallbox charger market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Companies covered

The DC wallbox charger market is concentrated due to the presence of few established players. This industry research report provides an in-depth analysis of the competitive environment in the EV charger market among the leading vendors. Moreover, our analysts also provide key areas that the vendors should focus to sustain the competitive environment and gain maximum market share.

The report includes an analysis of a number of companies in this marketspace including -

• ABB
• AeroVironment
• Bosch
• Delta Electronics
• Lafon Technologies
• Phoenix Contact

Segmentation by end-user and analysis of the DC wallbox charger market

• Residential
• Commercial

The residential segment accounted for the major share of the EV charger market during 2017. During the forecast period, this segment will continue to grow steadily as consumers increasingly purchase DC wallbox chargers for their use at home. The major reason for its high adoption is the ease of installation and design that makes them suitable for use at home.

Geographical segmentation and analysis of the DC wallbox charger market

• APAC
• Europe
• North America

APAC accounted for the maximum shares of the market during 2017. Our analysts have predicted that APAC will witness steady growth in the next five years. The high demand and sales volume of EVs in countries such as China, Japan, and South Korea is the major driving factor for the EV charger market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global DC wallbox charger market?
• What are the key market trends impacting the growth of the global DC wallbox charger market?
• What are the challenges to market growth?
• Who are the key vendors in the global DC wallbox charger market?
• What are the market opportunities and threats faced by the vendors in the global DC wallbox charger market?
• Trending factors influencing the market shares of APAC, Europe, and North America.
• What are the key outcomes of the five forces analysis of the global DC wallbox charger market?

Technavio also offers customization on reports based on specific client requirement.