|10-05-2018 04:30 PM CET - Advertising, Media Consulting, Marketing Research||
Electric Vehicle Charging Stations Market Forecast to 2025 by Key Players: ENGIE, Siemens, Efacec, EVgo, Leviton, Alfen, Allego, Blink Charging, TGOOD Global, ABB, AeroVironment, Schneider Electric, Schneider Electric, Chargemaster Plc, GE
Press release from: Data Bridge Market Research
The Growing CAGR value in the Global Electric Vehicle Charging Stations Market is quite concerning as this market is going to be flooded with new competitors.
This report contains all the figures needed to excel the market like all the recent CAGR values for the historic year 2016, base year 2017 and for the forecast year 2018-2025. While also giving a deep knowledge about what the market definition, classifications, applications and market trends are. SWOT analysis can help tell the market’s drivers and restrains. The report also explains what the top players moves are when it comes to developments, product launches, joint ventures, merges and accusations.
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The Global Electric Vehicle Charging Stations Market is expected to reach USD 49.74 billion by 2025, from USD 3.22 billion in 2017 growing at a CAGR of 40.80% during the forecast period of 2018 to 2025.
Global Electric Vehicle Charging Stations Market, By Vehicle Type (Battery Electric Vehicle, Plug–In Hybrid Vehicle), By Charging Station(AC Charging Station, DC Charging Station, Inductive Charging Station—An Upcoming Technology), By Installation Type (Residential, Commercial), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major Market Competitors/Players:
• Blink Charging
• ABB Group
• AeroVironment, Inc.
• Elektromotive Limited
• ChargePoint, Inc.
• Schneider Electric SE
• Chargemaster Plc
• Eaton Corporation
• Siemens AG
• SemaConnect, Inc.
• ClipperCreek, Inc.
• Tesla Motors, Inc.
• Delphi Automotive LLP
• General Electric
• Leviton Manufacturing Co., Inc.
• Among others
Competitive Analysis: Global Electric Vehicle Charging Stations Market
The global electric vehicle charging stations market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electric vehicle charging stations market for global, Europe, North America, Asia Pacific and South America.
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This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
Based on vehicle type:
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
On the basis of charging station:
• AC Charging Station
• DC Charging Station
On the basis of installation type:
Based on geography:
• North America
• South America
• Middle East & Africa
Electric vehicles (EVs) use electric motors powered by electrical energy stored in a battery for propulsion. Various models of these types of vehicles are available in the market with variable choices and competences. To recharge their battery, they are plugged in to a source of electrical power. The trends related to the EV technology are evolving. There are number of fundamental EV design ideas that actually precede gasoline internal ignition engines.
To charge the electric vehicles they are connected to an electric vehicle charging equipment which are also called as electric vehicle supply equipment (EVSE). These are the defensive system which connects with the vehicle and screens electrical activity to ensure safe charging. There are two types of charging stations; AC charging station and DC charging station which can be installed both residentially as well as commercially according to the necessities.
Automotive industry standards classify the charging stations into three levels based on charging power and methods that are AC Level 1, AC Level 2, and DC Fast Charge.
According to the news published by The Economics Times, in April 2016, for setting up charging stations for electric vehicles, the people would not need to have a separate licence under the Electricity Act of 2003, the government of India has said they would give a big boost to ambitious EV plans.
Market Drivers and Restraints:
• Government funding, subsidies and incentives expected to drive the EV and EV charging stations market
• Growing demand for electric vehicles increases the adoption of EV charging stations
• Growing concern toward environmental pollution
• Heavy investment from automakers in EVs
• High price and small distance covered by EVs
• Lack of standardization
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Electric Vehicle Charging Stations Market?
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Research Methodology: Global Electric Vehicle Charging Stations Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
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