Electric Vehicle Charging Infrastructure Market volume was 3100.5 Thousand Units in 2021 and the total revenue is expected to grow at 46.6 % through 2022 to 2029, Electric Vehicle Charging Infrastructure Market is reaching nearly 66147.9 Thousand Units. By 2029.
Electric Vehicle Charging Infrastructure Market Overview
Electric Vehicle Charging Infrastructure Market 2021 report by Maximize Market Research is a comprehensive analysis of the market, including its regional insights, changing trends, industry environment, and key players. The report is based on both primary and secondary research, and the results are presented in a logical and easy-to-understand format.
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Electric Vehicle Charging Infrastructure Market Scope
MMR's research provides a comprehensive overview of the Electric Vehicle Charging Infrastructure market, identifying the leading global companies based on factors such as volume, value, market share, strategies, and industry growth. The research also offers strategies for existing and new market entrants, and is expected to help businesses improve their market position. The report includes market revenue by region and country, as well as segmentation by type and end users.
Electric Vehicle Charging Infrastructure Market Segmentation
The market is divided into two sub-segments based on charger type: slow charger and fast charger. With almost 93.0% of global sales in 2021, the fast charging type segment dominated the market. The increase was attributed to the high demand for quick chargers in commercial charging stations. Most businesses offer Level 1 DC fast chargers or Level 2 AC charging stations, which can take 4 to 6 hours to fully charge an electric vehicle. The installation of EV charging stations for their workers is another priority for automakers as part of their efforts to raise awareness about their electric vehicles. 100 Level 2 EV charging stations will be installed in General Motors Company's Detroit facility's parking lots.
The market is divided into CHAdeMO, Combined Charging System (CCS), and others according on the Connector Type. The CHAdeMO connection market sector has a sizeable market share of more than 17% in 2021. This is because it is simple to use and compatible with a variety of EVs, including those made by BMW, GM, and VW, among others. It also allows for more design flexibility in EVs because it only needs one charging port, as opposed to two required by CHAdeMO connectors because they cannot support AC charging. The present CHAdeMO connectors can also generate 62.5 kW of DC and are in accordance with the Japan Electric Vehicle Standard (JEVS).
The market is divided into two sub-segments: Commercial and Residential, depending on the Application. Due to government programs and financial support provided by automakers for the development of public EVCI infrastructure, the business market had the largest revenue share of over 84% in 2021. Because overnight charging or charging at home would not be adequate for long-distance travel, public infrastructure expansion is necessary. Additionally, a number of public transit organizations are working with automakers to provide electric bus charging stations. For instance, TRAFIKSELSKABET MOVIA and Siemens have agreed to install top-down pantograph electric bus charging stations for the use by 45 municipalities, including the City of Copenhagen and Region Zealand, in the operation of electric buses.
Electric Vehicle Charging Infrastructure Market Size and Forecast, by Charger Type (2022-2029)
1. Slow Charger
2. Fast Charger
Electric Vehicle Charging Infrastructure Market Size and Forecast, by Connector Type (2022-2029)
2. Combined Charging System (CCS)
Electric Vehicle Charging Infrastructure Market Size and Forecast, by Application (2022-2029)
Electric Vehicle Charging Infrastructure Market Size and Forecast, by Region (2022-2029)
1. North America
3. Asia Pacific
4. Middle East and Africa
5. South America
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Electric Vehicle Charging Infrastructure Market Key Players
• ABB Group
• AeroVironment, Inc.
• Elektromotive Limited
• ChargePoint, Inc.
• Schneider Electric SE
• Chargemaster Plc
• Delphi Automotive LLP
• Eaton Corporation
• Siemens AG
• SemaConnect, Inc.
• ClipperCreek, Inc.
• Tesla Motors, Inc.
• General Electric Company
• Leviton Manufacturing Co., Inc.
• Blink Network
• BYD Company
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The report is focused on the five most important regions for the Electric Vehicle Charging Infrastructure market: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions are responsible for the majority of the world's Electric Vehicle Charging Infrastructure consumption.
Key Questions answered in the Electric Vehicle Charging Infrastructure Market Report are:
- What is Electric Vehicle Charging Infrastructure ?
- What is the forecast period of the Electric Vehicle Charging Infrastructure Market?
- What is the competitive scenario of the Electric Vehicle Charging Infrastructure market?
- Which region held the largest market share in the Electric Vehicle Charging Infrastructure Market?
- What are the opportunities for the Electric Vehicle Charging Infrastructure Market?
- What are the restraining factors in the Electric Vehicle Charging Infrastructure market?
- Who are the key players of the Electric Vehicle Charging Infrastructure market?
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Electric Vehicle Charging Infrastructure #
- Landscape- Leading key players and other prominent key players.
- Price Trends
- Key Opinion Leaders Offerings
- Government Initiatives
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