Press release
Spain Electric Vehicle Charger Market Trends, Growth, Industry Analysis, Size, Share and Forecast 2025
Spain electric vehicle charger market is anticipated to grow at a CAGR of over 20% during the forecast period, 2019-2025. In 2019, the government of Spain announced a target of 100% Zero Emission Vehicle (ZEVs) by 2040. Government subsidies in order to motivate the electric vehicle market are one of the major factors for the growth of the market in the country. The country introduced first subsidies on electric vehicle in 2017 and in February 2019 the government launched the Spanish Alternative Mobility program as MOVES with a budget allocation of $50 million. The government offers a $6,000 subsidy on a purely electric vehicle when an IC engine vehicle of at least ten years old is neutralized. In addition, a subsidy up to $760 is offered to the electric motorcycles whereas subsidies up to $16,400 are available for the trucks and buses with alternative drive systems. Businesses and individuals can avail subsidies up to 30% and 40% respectively or over $110,000 for the development of charging infrastructure.Get Sample Copy of Spain Electric Vehicle Charger Market at: https://www.omrglobal.com/request-sample/spain-electric-vehicle-charger-market
Major players operating in the market include Alfen N.V., ChargePoint, Inc., Efacec, Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., Webasto SE, The New Motion B.V., and others.
Spain's 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. Fast chargers are expected to show a considerable growth rate during the forecast period. By connector type, the market is analyzed into AC connectors and DC connectors.
For More Information, get A full report of Spain Electric Vehicle Charger Market is available at: https://www.omrglobal.com/industry-reports/spain-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. The market players are significantly working in the market growth by the adoption of multiple 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/spain-electric-vehicle-charger-market
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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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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