The global electric vehicle charging station market size is expected to reach over USD 3.3 Billion by 2026 grow at CAGR 40.2% during the forecast period, 2019-2026.
Automotive industry is on the verge of witnessing revolution with introduction of the electric vehicles for every sector including truck sector, utility vehicle sector, and transport sector. Change in the automotive sector through electric vehicles needs to be backed up by the installation of ample amount of electric vehicle charging stations. These stations are capable of charging the electric vehicles on the go which makes use of electric vehicles sustainable in today’s world. Electric vehicle charging stations have features of fast charging with minimal cost and battery testing. Launch of electric vehicles in the last few years by giants in the automotive sector including Tesla, Mercedes, BMW, and others have increased the demand for electric vehicle charging stations across the globe. Moreover, stringent government regulations abiding the use electric vehicles and restricting the use of vehicles running on fossil fuels is supporting the Electric Vehicle Charging Stations market.
The report analyzes and forecasts the electric vehicle charging station market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global electric vehicle charging station market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the electric vehicle charging station market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of electric vehicle charging station market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.
Competitive Landscape is the most valuable part of this report
Some of the major players in the global Electric Vehicle Charging Stations market are, Mojo Mobility, GENERAL ELECTRIC, Wi Tricity Corporation, ChargePoint, and EVgo ServicesLLC.
Key financial developments of a particular company and product & company overview are some of the elements that help in acquiring information about top vendors in the market. This particular section has also included a SWOT analysis of the companies featured in the report. This will help the audience in knowing about opportunities, strengths, threats and weaknesses that are facing by the key vendors in the chemical and material industry across the world. As the competitive landscape is the most valuable part of any report, it consists of all the required information for the detailed study of top players functioning in the industries. It is also an interesting part to find how exactly these key manufacturers implement various strategies to secure the top rank in the industry. Such an in-depth information is useful for the new entrants into the industry as they would be able to learn a bit from these key vendors. Similarly, the information provided in the research report will also be valuable for the renowned key players as well, as they come to know the strategies of their counterparts to sustain in the competitive industry.
Electric Vehicle Charging Station Market by Type of Charger
AC Charging Station
DC Charging Station
Electric Vehicle Charging Station Market by Type of End User
Electric Vehicle Charging Station Market by Power Output
Electric Vehicle Charging Station Market by Type of Supplier
OE Charging Station
Private Charging Station
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
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