Electric Vehicle Charging Stations Market Size, Full Report 2021 Key Players and Segmentation Analysis 2027 – Instant Interview

New York (USA):- The global electric vehicle charging station market is valued at around USD 5.03 billion in 2020 and is expected to grow with a healthy growth rate of over 44.44% over the period of forecast 2021-2027.

Growing government investment to expand electric vehicle charging infrastructure to encourage adoption is primarily driving demand. As in August 2021, as part of the Future Fuels Fund, the Australian Government announced an investment of USD 18.45 million to build 403 new electric vehicle fast charging stations across Australia. Additionally, growing sales of clean mobility vehicles and incentives provided by the government for the adoption of electric vehicles are fueling the growth of the market.

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According to Statista, sales of light-duty electric plug-in vehicles worldwide increased from 2.17 million units in 2019 to 3.1 million units in 2020. In addition, initiatives taken to reduce carbon emissions and research and development activities are expected to drive the market demand in the coming years. However, the complex power grid infrastructure and the high cost of developing charging infrastructure could hamper growth in the coming years.

Among Asia-Pacific, North America, Europe, Latin America and Rest of the World, Asia-Pacific is the global market leader in terms of revenue and is also expected to grow with the rate of highest growth in the years to come. Growing government funding in spreading charging infrastructure in the region, coupled with growing electric vehicle sales, is injecting growth into the APAC market.

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The major market players included in this report are:

ABB Ltd.
AeroVironment Inc.
BYD automatic
Chargemaster PLC
Charge Point, Inc.
Eaton Corporation plc
Leviton Manufacturing Co., Inc.
Schneider Electric SE
SemaConnect, Inc.
Siemens AG

The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values ​​to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

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By type of vehicle:
Particular Cars
Commercial vehicles
By charger type:
AC charging station
DC charging station
By type of application:
Audience
Private

By region:
North America
WE
Canada
Europe
UK
Germany
France
Spain
Italy
DEER

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the world

Contents

  • Summary
  • Market definition and scope
  • Market dynamics
  • Market industry analysis
  • Risk assessment: impact of COVID-19
  • Market segmentation
  • Regional analysis
  • Competitive intelligence
  • Research process

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