openPR Logo
Press release

What's driving the EV Charging Infrastructure Market trends? Key industry players : Volkswagen Group, BMW Group, Renault, Eaton, Exxon Mobil

EV Charging Infrastructure

EV Charging Infrastructure

Meanwhile, Netherlands EV charging infrastructure market is set to surpass 200 thousand units by 2025. Propitious government initiatives for the mitigation of carbon emissions and myriad financial benefits in the form of monetary incentive programs and vehicle tax credits & rebates will enhance the business outlook. Growing concern regarding the adverse impact of the ever-increasing carbon footprint stemming from extensive use of fuel in powering vehicles is set to proliferate demand for charging stations.

Get sample copy of this research report @

Growth Drivers:
o Acceleration in EV adoption
o Stringent regulatory framework pertaining emissions
o Technological advancements

According to reliable reports, the global EV charging infrastructure market is expected to surpass $46 billion over 2025.
Burgeoning demand for eco-friendly, energy efficient sustainable transportation solutions is poised to propel global EV charging infrastructure market share over the predicted timeframe. Facilitated by escalating energy-related costs, speedy industrial development alongside strategic partnerships among prominent automotive producers such as Nissan and BMW Group, the EV charging infrastructure industry is likely to gain considerable momentum over the coming years. Likewise, regulatory initiatives towards mitigating carbon emissions will further boost the business landscape.

Companies covered (20):
o Greenway Infrastructure
o Volkswagen Group
o BMW Group
o Nissan Motor Co. Ltd.
o ChargePoint
o Siemens
o EVgo
o EVBox
o Schneider Electric
o Blink
o Renault
o Hyundai
o Mercedes-Benz
o Eaton
o Exxon Mobil
o Pacific Gas & Electric
o Shell

Make an inquiry for purchasing this report @

The proliferating demand for power in tandem with higher prevalence of green-energy automobiles is expected to add impetus to product adoption. Furthermore, technological progress and the mounting financial interest in EV charging infrastructure installation will drive market penetration. The steady paradigm shift towards green energy equipment for achieving set levels of energy and air quality enhancement are key factors influencing the growth of the overall EV charging infrastructure market.

Soaring emissions from diesel-based on road vehicles has necessitated strict government reforms to back the implementation of sustainable alternative for fuels to power vehicles, which will in turn promote higher installation of charging infrastructure. Myriad state and federal benefits will also stimulate product demand and minimize the up-front costs for electric vehicles, which will help bridge the cost-gap between these systems and their gas-powered counterparts.
Oils with high carbon concentrations will incur heavy taxes and the implementation of distance and location-based charging stations will facilitate the onset of zero-emission mobility solutions, thereby bolstering industry outlook.

In 2018, the EV charging infrastructure market size from the public segment recorded remuneration worth over $4 billion, given the rising number of electric vehicles and government support in the form of incentives and subsidies. Also, innovative developments in battery technologies will promote the installation of battery swapping station, leading to a considerable surge in industry demand.

For instance, the IEA (International Energy Association) has reportedly suggested that the expansion of electric vehicles will double from around 60 million to over 125 million over 2030, asserting a positive influence on the development of charging infrastructures. Industry growth will be further supported by the steady takeover of diesel-powered buses by their electric counterparts, with the aim of inhibiting environmental footprint and ensuring seamless and efficient commute systems.

To illustrate, the Southern California region in 2018, implemented a $343 million program designed to install charging infrastructure across more than 870 sites, facilitating the electrification of nearly 8000 medium and heavy-duty vehicles.

By Current

o AC
o Level 1
o Level 2
o DC
o DC Fast
o Others

By Charging Site
o Public
o Private

Browse complete table of content of this report @

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

About Global Market Insights :
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

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 What's driving the EV Charging Infrastructure Market trends? Key industry players : Volkswagen Group, BMW Group, Renault, Eaton, Exxon Mobil here

News-ID: 1956962 • Views: 1617

More Releases from Global Market Insights, Inc.

Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products. Prenatal vitamin ingredients can

All 5 Releases

More Releases for Charging

Electric Vehicle Charging Station Market
The global electric vehicle charging station market grew from an estimated $1,645.6 million in 2015 and is expected to reach $29,683.3 million by 2022 growing at a CAGR of 51.7% during 2016 – 2022. The global market is categorized into AC and DC charging stations based on the source of charging. DC charging stations are comparatively costlier than its AC counterpart, which is why the market share of AC charging
Electric Vehicle Charging System Market by Product (Home Charging Systems, Comme …
Based on mode of charging, the market has been segmented into plug-in charging systems and wireless charging systems. Plug-in charging systems dominated the market in 2015, accounting for over 90% of the market revenue. The segment is projected to continue its dominance throughout the forecast period due to increasing government investments in the commercial charging solutions, where plug-in charging solutions are generally preferred. Electric Vehicle Charging System Market Report, published by
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
Charging Controllers for Charging Stations Market, Charging Controllers for Char …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Charging Controllers for Charging Stations Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This report presents the worldwide Charging Controllers for Charging Stations market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth
Wireless Charging Market - In-Car Charging And Wireless Charging Of Electrical V …
Wireless Charging Market: Overview and Segmentation Wireless charging is recharging batteries of electrical devices with no physically connected cables. Currently, charging of devices is an important aspect of business is response to power intensive applications. Mobile manufacturers such as Samsung, Nokia, LG Electronics and HTC are positioning phones with wireless charging to drive demand at the high end. The global wireless charging market is segmented by application into consumer electronics, industrial, medical,
ChargeLounge: fast charging reinvented
New quick-charge station offers high-charging capacity, easy installation and lounge access The ChargeLounge developed by Fraunhofer IAO is set to change what recharging electric vehicles is all about: high-charging capacity, easy installation, access to a stylish lounge during recharging and an innovative business model are all part of the unique ChargeLounge being presented for the first time at the 2014 Hannover Messe, April 7-11. Many travelers take a pleasant break