openPR Logo
Press release

2019-2027| Electric Vehicle Charging Stations Market Worth $45.3 billion by 2027.

02-13-2020 10:17 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research

Meticulous Research - leading global market research company published a research report titled "Electric Vehicle Charging Stations Market by Type (Level 1 Charging Station, Level 2 Charging Station, Level 3 Charging Station, Wireless Charging Station), End User (Commercial, Non-Commercial), and Geography - Global Forecast to 2027".

According to this latest publication from Meticulous Research, in terms of value, the global electric vehicle charging stations market is expected to grow at a CAGR of 38.9% from 2019 to 2027 to reach $45.3 billion by 2027; whereas, in terms of volume, the market is expected to grow at a CAGR of 25.7% from 2019 to 2027 to reach 18,658.2 thousand units by 2027. This market is majorly driven by the government incentives, subsidies, and funding for the installation of charging stations; and automakers' initiatives for the charging infrastructure development. However, the high cost of fast-charging stations; stringent rules for installation; and complex charging infrastructure obstructs the growth of this market to some extent.

Request Free Sample Report with Full TOC @ http://bit.ly/2UYBCDh

The global electric vehicle charging stations market study presents historical market data in terms of value and volume (2017 and 2018), estimated current data (2019), and forecasts for 2027. The market is segmented on the basis of type (plug-in charging station- level 1 charging station, level 2 charging station, level 3 charging station; wireless charging station), and by end-user (commercial-on road, public parking, others; non-commercial- residential, non-residential). The study also evaluates the industry competitors and analyses the market at the country level.

Based on the electric vehicle charging station type, the electric vehicle charging stations market is segmented into Level 1 charging station, level 2 charging station, and level 3 charging station. The level 3 charging station commanded the largest share of the overall electric vehicle charging stations market in 2019. The large share of this segment is mainly attributed to rising government initiatives for installation of fast-charging stations; rebate on the purchase of level 3 charging stations; growing investment by automakers in level 3 charging stations in order to support their long-range battery electric vehicle; and advantage of faster charging than other types of charging stations.

Based on end-user, the overall electric vehicle charging stations market is segmented into commercial and non-commercial. The commercial end-user segment accounted for the largest share of the overall market in 2019, mainly due to the increased installation of charging stations in public places like shopping malls, restaurants, commercial buildings, public parking spaces, and airports owing to the convenience of usage during the commercial activities. The commercial end-user segment is further segmented into on-road, public parking, and others. The on-road end-user segment accounted for the largest share of the overall electric vehicle charging stations market in 2019. The growth of this segment is aided by the growing installation of charging points by fuel stations within their premises and rise in the installation of charging stations at highways and intercity roads.

Buy Research Report on Electric Vehicle Charging Stations Market with 210 pages, 151 List of Table, and 40 Figure @ http://bit.ly/3byiUrD

Geographically, the Asia Pacific region commanded the largest share of the overall electric vehicle charging stations market in 2019. The large share of this region is primarily attributed to the increasing demand for electric vehicles in countries such as China, Japan, and South Korea owing to the factors such as stringent regulations to reduce the pollution; incentives to promote the sale of the electric vehicles; and subsidy on installation of charging stations. For instance, according to the International Renewable Energy Agency (IEA), on 12 February 2018, to promote energy-efficient electric vehicles, China offered subsidies on electric vehicles that were meeting an additional range of requirements. The incentives increased from 44,000 Yuan (USD 6613) to 50,000 Yuan (USD 7440) for vehicles with at least 400 km range. Further, in 2018, Taiwan's Ministry of Economic Affairs (MOEA) announced that its Bureau of Industrial Development would provide subsidies of up to NT$300,000 (USD 10,141) for the installation of electric vehicle charging stations in front of PX Mart chain stores and 7-11 convenience stores.

The key players operating in the global electric vehicle charging stations market are ABB (Switzerland), ChargePoint, Inc. (U.S.), Tesla, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Efacec (Portugal), Delta Electronics, Inc. (Taiwan), Leviton Manufacturing Co., Inc. (U.S.), EVBox (The Netherland), Blink Charging (U.S.), Alfen (The Netherland), The New Motion B.V. (The Netherland), Star Charge (China), Eaton Corporation Inc (Ireland), SemaConnect (U.S.), Webasto (Germany), Robert Bosch GmbH (Germany), and ClipperCreek Inc. (U.S.) among others.

Scope of the report:
Electric Vehicle Charging Stations Market, by Type
Plug-in Charging Station
Level 1 Charging Station
Level 2 Charging Station
Level 3 Charging Station
Wireless Charging Station

Electric Vehicle Charging Stations Market, by End User
Commercial
On-Road
Public Parking
Others
Non-Commercial
Residential
Non-Residential
.........Continue to read full Research Analysis @ http://bit.ly/39z8OVY

Key questions answered in the report-

Which are the high growth market segments in terms of the charging station types, end-user, and countries?
What is the historical market for electric vehicle charging stations across the globe?
What are the market forecasts and estimates from the period of 2019-2027?
What are the major drivers, restraints, and opportunities in the global electric vehicle charging stations market?
Who are the major players in the global electric vehicle charging stations market and what share of the market do they hold?
Who are the major players in various countries and what share of the market do they hold?
How is the competitive landscape?
What are the recent developments in the overall electric vehicle charging stations market?
What are the different strategies adopted by the major players in the overall electric vehicle charging stations market?
What are the geographic trends and high growth countries?
Who are the local emerging players in the overall electric vehicle charging stations market and how do they compete with the other players?

Fill the form to gain deeper insights on this market @ http://bit.ly/2UM3QAL

Contact Us:
Meticulous Research
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

About Us

Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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 2019-2027| Electric Vehicle Charging Stations Market Worth $45.3 billion by 2027. here

News-ID: 1930878 • Views:

More Releases from Meticulous Research

The Cloud Managed Services Market is projected to reach $247.5 billion by 2030
The Cloud Managed Services Market is projected to reach $247.5 billion by 2030, growing at a robust CAGR of 14.2% from 2023 to 2030. This growth is fueled by advancements in cloud technologies, increasing demand in sectors like BFSI and healthcare, and a rising focus on customized and managed cloud services. However, challenges such as high costs, security risks, compliance issues, and limited flexibility may impact market growth. Download free
Language Learning Market Projected to Reach $124.6 Billion by 2031
Meticulous Research® recently published a report titled, "Language Learning Market by Age Group (40 years), Language (English, Mandarin, Spanish, French, German, Italian, Japanese), End User (B2C, B2B), and Geography - Global Forecast to 2031." Download sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5561 According to the report, the language learning market is anticipated to reach $124.6 billion by 2031, growing at a CAGR of 10.7% from 2024 to 2031. Key factors fueling this growth
Oncology Information Systems Market to be Worth $4.45 Billion by 2030: Analytica …
Introduction: Meticulous Research® recently released a comprehensive report titled "Oncology Information Systems Market By Offering (Software, Services) Application (Medical, Surgical, Radiology Oncology) End User (Hospital, Diagnostic Imaging Center, Cancer Care Center) - Global Forecast to 2030." The report reveals that the oncology information systems (OIS) market is projected to reach approximately $4.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024. This growth is
IoT Sensors Market to be Worth $56.8 Billion by 2030
IoT Sensors Market to be Worth $56.8 Billion by 2030
Meticulous Research®-a leading global market research company, published a research report titled, 'IoT Sensors Market by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity Sensors, Optical Sensors, Others), Technology (Wired, Wireless), Sector (Manufacturing, Retail, Consumer Electronics, Others), & Geography - Global Forecast to 2030.' According to this latest publication from Meticulous Research®, in terms of value, the IoT sensors market is projected to reach $56.8 billion by 2030, at a CAGR of

All 5 Releases


More Releases for Charging

800V system challenge: charging pile for charging system
800V Charging pile "Charging Basics" This article mainly talks about some preliminary requirements for 800V charging piles [https://www.beihaipower.com/products/], first let's take a look at the principle of charging: When the charging tip is connected to the vehicle end, the charging pile will provide (1) low-voltage auxiliary DC power to the vehicle end to activate the built-in BMS (battery management system) of the electric vehicle After activation, (2) connect the car end
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg …
A dynamic charging system is a technology that allows electric vehicles to charge while in motion. This system typically involves embedding charging infrastructure into the road surface, which enables the vehicle to charge its battery as it travels along the road. This can potentially extend the range and operational capabilities of electric vehicles, as they can receive continuous power while on the move. Dynamic charging systems have the potential to
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