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France Electric Vehicle Charger Market Industry Analysis, Trends, Growth, Size, Share and Forecast 2025

02-27-2020 12:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

France Electric Vehicle Charger Market

France Electric Vehicle Charger Market

France electric vehicle charger market is anticipated to grow at a CAGR of over 19.0% during the forecast period, 2019-2025. Government support for adoption of electric vehicles and development of its infrastructure is one of the major factors motivating the market in the country. The aim of the French government is to reach 600,000 Battery Electric Vehicles (BEVs), 400,000 Plug-in hybrid (PHEVs) and 100,000 publicly accessible charging points by 2022. In 2016, the government of France launched the ADVENIR program in order to provide financial benefits to the private EV charging infrastructure including companies and apartments. Under the program, a 30% tax credit is added to the individual on installing the charging station. Till July 2019, around 7,300 new charging points have been financed by the governments. By 2022, the government aims to develop 3,000 chargers for the condominium. In addition to this, the government will also offer subsidies to municipalities. The government has sanctioned around $17.5 million for the initiative. Some other major factors for the growth of the market include the high average cost of vehicles, the presence of major electric vehicle manufacturers, considerable investment by the private players and so on.

Get Sample Copy of France Electric Vehicle Charger Market at: https://www.omrglobal.com/request-sample/france-electric-vehicle-charger-market

Key companies contributing to the market include ChargePoint, Inc., Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., Webasto SE, and others.

France electric vehicle charger market is segmented on the basis of ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. By connector type, the market is analyzed into AC connectors and DC connectors.

For More Information, get A full report of France Electric Vehicle Charger Market is available at: https://www.omrglobal.com/industry-reports/france-electric-vehicle-charger-market

AC connector market is further divided into Type 1, Type 2 and other chargers, whereas the DC connector market is further divided into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.

Market Segmentation

Electric Vehicle Charger Market by Ownership

o Public
o Private

Electric Vehicle Charger Market by Charger Type

o Slow Charger
o Fast Charger

Electric Vehicle Charger Market by Connector Type

o AC Connectors
o Type 1
o Type 2
o Other (Domestic Socket)
o DC Connectors
o Combined Charging System (CCS)
o Type 2 (Tesla)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/france-electric-vehicle-charger-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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