openPR Logo
Press release

Electric Vehicle Charging System Market by Product (Home Charging Systems, Commercial Charging Stations), Mode of Charging (Plug-in, Wireless) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022

01-17-2019 05:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Electric Vehicle Charging System Market

Electric Vehicle Charging System Market

Based on mode of charging, the market has been segmented into plug-in charging systems and wireless charging systems. Plug-in charging systems dominated the market in 2015, accounting for over 90% of the market revenue. The segment is projected to continue its dominance throughout the forecast period due to increasing government investments in the commercial charging solutions, where plug-in charging solutions are generally preferred.

Electric Vehicle Charging System Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8.02 billion by 2022, registering a CAGR of 30.7% during the period 2016-2022. In 2015, Europe was the highest revenue-generating region owing to the increasing penetration of home and commercial charging systems in countries such as the Netherland, Denmark, UK and France. In addition, growing adoption of electric vehicles in countries such as China and Japan due to changing lifestyle and rising disposable income is projected to boost the penetration level of electric vehicles in Asia-Pacific region. Further, supportive government initiatives to popularize electric vehicle as a substitute over traditional vehicles is anticipated to drive the market growth, worldwide.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/781?utm_source=OPR

The global electric vehicle charging system market is segmented based on product type, mode of charging, level of charger and geography. Based on product type, the market is segmented into home charging systems and commercial charging stations. In 2015, home charging systems segment dominated the market with around 71.0% market share owing to high penetration of home charging facility in the U.S. and major European countries.

Global Electric Vehicle Charging System Market is segmented on the basis of product type, mode of charging, charging voltage level and geography. The electric vehicle charging system market, in accordance with product type is bifurcated into home charging systems and commercial charging stations. Based on the mode of charging, the global electric vehicle charging system market has been segmented into plug-in charging systems and wireless charging systems. Based on level of charging, the market is segmented into level 1 (0V-120V), level 2 (121V-240V) and level 3 (241V and above). In addition, for a comprehensive geographic analysis, the electric vehicle charging system market has been studied in detail across four key regions; North America, Europe, Asia-Pacific and Latin America and Middle East and Africa (LAMEA).

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/781?utm_source=OPR

Prominent companies operating in the world electric vehicle charging system market follow product launch and collaboration as their major growth strategies for business growth and expansion. Companies profiled in the report include General Electric Company, Evatran Group, Inc., Robert Bosch GmbH, Delta Electronics, Inc.,
Schneider Electric SE, Eaton Corporation Plc. Tesla Motors, Inc., Delphi Automotive LLP, Siemens AG and ClipperCreek, Inc.

Key Benefits:

• The study provides an in-depth analysis of electric vehicle charging system market with current and future trends to elucidate the major investment pockets in the market.
• Current and future trends in the report determines the overall attractiveness and single out profitable trends in order to gain a stronger foothold in the market.
• The report identifies key drivers, opportunities and restraints that shape the market and provides an impact analysis over the forecast period.
• Quantitative analysis of current market and estimations through 2016-2022 showcase the financial appetency of the market.
• Porter’s five forces model illustrate the potency of buyers & suppliers participating in the electric vehicle charging system market.
• Value chain analysis in the report provides a clear understanding of the roles of different stakeholders involved in the value chain.

Analyst Review:

Electric vehicle charging system, also known as electric vehicle charging station or electric vehicle supply equipment (EVSE), is a charging infrastructure that supplies electric energy to charge battery of electric vehicles. Charging equipment can be differentiated based on charging time and the usage.

Increasing sale of electric vehicles, majorly in the emerging Asian countries such as China is projected to create ample growth opportunities for the charging systems market in near future. Also, increasing disposable income paired with supportive government regulations to adopt energy efficient vehicles is anticipated to increase the adoption of electric vehicles among end users across the globe. As a result of increased number of electric vehicles on the road, there would be increased demand for home charging systems and commercial charging stations. The penetration level of electric vehicles is currently low in countries such as India, Brazil and other emerging economies, due to the high selling price as well as limited models. However, penetration of electric vehicles is high in the U.S. and European countries such as the Netherlands, Norway, and others. In addition, penetration level of home charging systems in the U.S. is about 90% among electric vehicle owners compared to that of 80% in the European region.

Asia-Pacific region holds strong growth potential for electric vehicles market, and in turn opens growth opportunities for key players operating in the electric vehicle charging systems market. Currently, China and Japan are the major markets for electric vehicles in Asia-Pacific region. Owing to high growth potential for electric vehicles, paired with easy accessibility of raw material at low price, many electric vehicle manufacturers are inclined towards targeting Asia-Pacific region and are planning to invest in countries such as China and India.

Prominent players operating in the world electric vehicle charging system market have adopted product launch and collaboration as their major growth strategies to strengthen their market presence.

Access Full Summery @ https://www.alliedmarketresearch.com/electric-vehicle-charging-systems-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Electric Vehicle Charging System Market by Product (Home Charging Systems, Commercial Charging Stations), Mode of Charging (Plug-in, Wireless) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022 here

News-ID: 1509456 • Views: 642

More Releases from Allied Market Research

Phototherapy Apparatus Market Poised to Achieve Significant Growth
Global Phototherapy Apparatus Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Phototherapy Apparatus Market by Phototherapy Type (Blue Light Phototherapy, Red Light
MRSA Testing Market Analysis of The Current and Emerging Trends
Global MRSA Testing Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Global MRSA Testing Market by Type (Immunodiagnostics and Molecular Diagnostics) By
Microwave Ablation Systems Market to Achieve Significant Growth
Global Microwave Ablation Systems Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Global Microwave Ablation Systems Market by Product (Equipments and Consumables)
Naltrexone HCL Market to Obtain Awesome Hike in Revenues
Global Naltrexone HCL Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). According to a new report published by Allied Market Research, titled, “Naltrexone HCL Market by Type (Medical Grade and Others) and Application

All 5 Releases


More Releases for Electric

Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Major driving factors of the Electric Truck Market the trucking industry is in the stages of a technological changes, with a particular focus
India pushes Electric Vehicles
The Indian government’s recent tweaking of the licensing policy for Electric Vehicles (EV) promises to address the infrastructure obstacle holding back the sector. The setting up of EV charging stations by the government would no longer require a license from the Ministry, paving the way for the faster construction of these stations. Earlier this year, Ola – the cab firm – initiated ‘Mission: Electric’ with plans to put 10,000 electric auto-rickshaws and
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022
Electric Vehicles Market
In this report, the global Electric Vehicles (On Road) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Electric Vehicles (On Road) in these regions, from 2012
Global Electric Fan Market Share 2017-2022: Panasonic, Emerson, Alfa Electric, C …
Global Electric Fan Market Research Report A market study based on the " Electric Fan Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Electric Fan Market 2017’. The research report analyses the historical as well as present performance of the worldwide Electric Fan industry, and makes predictions on the future status of Electric Fan market on the basis of this analysis. Request For Sample