Charging Toward a Smarter Future - Intelligent Infrastructure - Electric vehicle charging infrastructure
The increasing adoption of electric vehicles is expected to be more in the passenger cars segment, in comparison with the commercial vehicle segment. The increase in adoption, can be attributed to the growing research & development activities and initiatives undertaken to improve the existing EV models, and make them competitive with the available fuel-powered car models. Furthermore, companies are working towards upgrading Electric Vehicle Supply Equipment (EVSE) to make them more convenient.
In the year 2016, CHAdeMO possessed the largest market share in the connector segment. However, it is predicted to be surpassed by the Combined Charging System (CCS) connectors segment, which is a combination of SAE J1772 (IEC Type 1) and IEC Type 2 connectors.
The fast chargers segment is expected to exhibit the fastest growth, with an estimated CAGR of around 47.9% from 2017 to 2025. Overnight charging is insufficient for covering long distances and sparing hours to charge the vehicle, during a voyage, is not presumed as a good idea. These situations encourage anxiety and eventually discourage the use of electric vehicles. Therefore, fast chargers are expected to have higher adoption rate than slow chargers.
To request a sample copy or view summary of this report, click the link below:
Further key findings from the report suggest:
The electric vehicle charging infrastructure market is expected to grow at a CAGR of 46.8% from 2017 to 2025
Leading automakers are observed investing heavily in promoting EV charging infrastructure. For instance, BMW, Daimler, Ford, and Volkswagen, together announced an investment plan for the development of 400 charging sites across Europe
The North American region is projected to dominate the EV charging infrastructure, as it is expected to witness significant growth in electric vehicle sales
The major players of the electric vehicle charging infrastructure market are 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, and Leviton Manufacturing Co., Inc., among others
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and healthcare.
Corporate Sales Specialist, USA
Grand View Research, Inc.
For More Info: www.grandviewresearch.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Charging Toward a Smarter Future - Intelligent Infrastructure - Electric vehicle charging infrastructure here
News-ID: 1339813 • Views: 1323
More Releases from www.grandviewresearch.com
Is Your Business On Cloud Yet? Cloud security?
The global cloud security market size is expected to reach USD 12.63 billion by 2024, according to a new report by Grand View Research, Inc., progressing at a CAGR of 13.9% during the forecast period. Growing number of targeted cyber attacks and increasing investments in cloud infrastructure are anticipated to trigger the growth of the market. The burgeoning popularity of cloud infrastructure owing to its benefits such as on-demand services, scalability,
U.S. MVNO Market Is Expected To Grow At A CAGR Of 7.2% During the Forecast Perio …
The U.S. mobile virtual network operator (MVNO) market size is expected to reach USD 32.19 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.2% CAGR during the forecast period. Increasing demand for value-added services (VAS) over voice services has led to a rise in the adoption of MVNO in U.S. Increasing demand for roaming MVNO model owing to rise in number of travelers in
Hydropower Growth Facts and Information: Grand View Research, Inc.
The global installed capacity for hydropower is expected to reach 1,524 GW by 2020, according to a new study by Grand View Research, Inc. Cost advantages of hydropower based electricity generation and the substitution of fossil fuel based power production in an attempt to reduce carbon emission is expected to drive market demand. According to the estimates of the International Energy Agency (IEA), the deployment of sustainable hydropower as proposed
Kombucha Market Revenue Is To Reach A Value Of $5.45 Billion Forecast,2025: Gran …
The global kombucha market size is projected to reach USD 5.45 billion by 2025, according to a new report by Grand View Research, Inc. It is likely to expand at a CAGR of 23.0% over the forecast period. This market is anticipated to be driven by innovations, flavor experimentation, and increasing awareness regarding health benefits associated with kombucha consumption. The market is primarily expected to grow on account of accelerating rate
More Releases for Charging
How Are Wireless Charging Systems Impacting Electric Bus Charging Stations?
The U.S. government is incorporating a large number of electric buses in its transportation system, on account of increasing environmental concerns. For example, transit operators in Los Angeles and Seattle are committed toward replacing their conventional diesel buses with electric buses. These buses are used for public transport, transit services, and military application. Most of the decisions regarding the purchase of electric buses are taken by the federal or state
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are also
EV Charging Infrastructure Market: Robotic and Smart Charging Technology
According to the new research report published by The Insight Partners, titled “EV Charging Infrastructure - Global Analysis and Forecast to 2027”, The Global EV Charging Infrastructure Market is expected to reach US$ 95.98 Billion in 2027, registering a CAGR of 36.8% during the forecast period 2019-2027. Some of the key players operating in the EV Charging infrastructure market are ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc.,
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC …
Global Electric Vehicle Charging Equipment market research report provides company profile for Fortum, Fuji Electric, Leviton, Shell, Qualcomm, Bosch, Schneider Electric, Siemens, ABB, AeroVironment, Chargemaster, ClipperCreek, DBT-CEV, Engie and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Charging Controllers for Charging Stations Market, Charging Controllers for Char …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Charging Controllers for Charging Stations Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This report presents the worldwide Charging Controllers for Charging Stations market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth