EV Charging Infrastructure Market expected to grow CAGR of 36.8% to 2027 | Driivz, EVbox, Leviton Manufacturing

The global EV Charging Infrastructure market is accounted to US$ 6.45 Bn in 2018 and is expected to grow at a CAGR of 36.8% during the forecast period 2019 – 2027, to account to US$ 95.98 Bn by 2027. The global EV Charging Infrastructure market is experiencing steady growth in the forecast period.

The continuously rising number of electric vehicles in the US has led to an increase in demand and the number of EV charging infrastructures. There was a steady rise in the need for public charging stations in the developed as well as developing economies globally. A key area in the electric vehicle sector is currently characterized by a high level of innovation activity, for the quick and efficient charging system. Increase in electric vehicles fleet has increased the number charging station across many countries, which are caused by various factors. Thus, increasing electric vehicle production across the globe and strict governmental rules are directly impacting on the growth of EV Charging Infrastructure market in the current scenario.

The List of Companies
ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc., DELTA ELECTRONICS, Driivz Ltd., EVbox, Leviton Manufacturing Co., Inc., Siemens AG, Tesla, Inc.

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A key trend which will predominantly affect the EV Charging Infrastructure market in the coming years is the advancement in technologies, and thus, the automakers are focusing towards the development of mobile EV charging infrastructure for charging the vehicles where ever needed. The mobile EV charging infrastructure is developing under Electric Vehicle Supply Equipment (EVSE) and Charging as a Service (CaaS) option. This service can be served to event organizers or to any site where temporary and instant EV charging is required. Mobile EV Charging Infrastructure is an upcoming technology to provide a better experience to its customers and thus enhance the adoption of these charging infrastructure in the forecast period. These factors are anticipated to gain traction in the coming times having a significant impact of the EV Charging Infrastructure market.

EV Charging Infrastructure market by charger type is segmented into public and private chargers. Private charger holds the highest market share. The number of EVs for personal usage is consistently growing, and with the growth of EVs, the demand EV charging infrastructure is also witnessing significant growth rate in the private sector. The new designs are smaller in size and are robust with higher output capacity. These factors are expected to increase the installation of private EV chargers, which is anticipated to drive the EV Charging Infrastructure market for private chargers in the coming years.

The overall EV Charging Infrastructure market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the EV Charging Infrastructure market. Also, multiple primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the EV Charging Infrastructure industry.

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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global EV Charging Infrastructure Market.

– Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.

– The key findings and recommendations highlight crucial progressive industry trends in the EV Charging Infrastructure Market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.

– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Table of Contents:
Introduction
Key Takeaways
Research Methodology
EV Charging Infrastructure Market L and Scape
EV Charging Infrastructure Market – Key Market Dynamics
EV Charging Infrastructure Market – Global Market Analysis
Global EV Charging Infrastructure Market Analysis – by Paltform
Global EV Charging Infrastructure Market Analysis – by Hardware
Global EV Charging Infrastructure Market Analysis – by Charger Type
EV Charging Infrastructure Market – Geographical Analysis
Industry Landscape
Company Profiles

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