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
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.
• 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.
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
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.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
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 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: 749
More Releases from Allied Market Research
Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable
Global Football Sportswear Market Growing Trade Among Emerging Economies Opening …
As per the report published by Allied Market Research, the global football sportswear market is estimated to reach $114.41 billion by 2027, growing at a CAGR of 5.3% from 2021 to 2027. The report highlights market characteristics, market potential, and growth by segmentation, and competitive landscape. Rise in sportswomen, surge in participation in football, and development in sportswear drive the growth of the global football sportswear market. Access Full Summary: https://www.alliedmarketresearch.com/football-sportswear-market-A09835 Chinese companies
More Releases for Electric
Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
New Electric Wheelchair
The wheelchair is controlled by a motor. With safety light. Convenient to use at night. Freely adjusting the backrest angle is more comfortable for the user. The average driving speed is 1-6km/h. The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu, China. Through substantial previous international B2B e-commerce field experience, Jiangsu Medwish is dedicated to establishing a globally recognized framework and
Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ 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
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in