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North American Electric Vehicle Charger Market Trends, Growth, Industry Analysis and Forecast 2025

02-27-2020 01:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

North American Electric Vehicle Charger Market

North American Electric Vehicle Charger Market

North American electric vehicle charger market is forecast to grow at a considerable growth rate over the forecast period, 2019-2025. Some of the major factors for the growth of the market include rising electric vehicle market, cohesive government regulations for electric vehicles & its charging infrastructure and significant investment from the government and private companies in developing charging infrastructure in the region. High average cost of the IC engine-based automobile is another major factor for the growth of the market. Some of the major electric vehicle companies working in the region include BMW AG, Audi AG, Ford Motors Co., Jaguar Land Rover, Tesla, Inc., Volkswagen AG and so on. The companies are expected to invest a considerable amount in developing charging infrastructure in the region. For instance, in May 2019 Volkswagen AG aims to develop 2,000 charging stations under its Electrify America program.

Get Sample Copy of North American Electric Vehicle Charger Market at: https://www.omrglobal.com/request-sample/north-american-electric-vehicle-charger-market

The companies which are contributing significantly in the market include ABB Ltd., Tesla, Inc., Webasto SE, Blink Charging Co., ChargePoint, Inc., Eaton Corp., Schneider Electric SE, SemaConnect, Inc., Siemens AG, and others.

North American electric vehicle charger market is divided on the basis of ownership, charger type, and connector type. By ownership, the market is further bifurcated into Public and Private. According to the International Energy Agency, in 2018, in the US there were more than 54,000 public accessible chargers whereas it is around 100 in Canada. By charger type, the market is segmented into slow chargers and fast chargers. Fast chargers are expected to show lucrative growth during the forecast period. By connector type, the market is further divided into AC connectors and DC connectors. AC connector market is further divided into Type 1, Type 2 and other segments, whereas the DC connector market is further segmented into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla). DC connectors are expected to show a considerable growth rate during the forecast period.

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

Geographically, the market is divided into the US and Canada. The US is expected to hold the major most of the market share during the forecast period. 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/north-american-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.

For More Information, Visit https://www.omrglobal.com/

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