Global Electric Vehicle Supply Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2019-2028)

Increasing usage of direct current (DC) fast chargers for electric vehicles is a trend observed in the electric vehicle supply equipment (EVSE) market. Through these chargers, vehicles are charged at rapid pace. The rising electrification of vehicles and range anxiety among electric vehicle users are leading both public and private players to install more DC fast chargers at public and commercial places. Furthermore, electric vehicle manufacturers are also installing DC fast charging points at their point-of-sale places. For instance, in November 2019, MG Motor India launched and installed four 50 kW DC public fast-charging stations in Gurugram, India. Hence, the rising penetration of DC fast chargers globally is seen as a major trend in the EVSE industry.

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The electric vehicles have witnessed rapid evolution with the ongoing developments in charging infrastructure and technology. Technological advancements in EV charging and an enhanced range of distance covered by electric vehicles are some of the major factors driving the growth of the electric vehicle market. In addition, the growing sensitivity of various governments towards a cleaner environment has increased the demand for zero-emission vehicles.

Companies Covered: Tesla, ABB, Siemens, Bosch, Leviton, ChargePoint, Schneider Electric, Nissan, and Delta...

This detailed market study focuses on the data obtained from various primary and secondary sources and is analyzed using different tools. It helps in gaining insights about the potential of the market for growth which can facilitate the investors in identifying scope and opportunities. The analysis also provides details of each segment in the global electric vehicle supply equipment market.

According to the report, increasing global demand and passenger vehicle production is expected to drive market growth for electric vehicle supply equipment over the forecast period. This has resulted in some of the key advances that companies operating on the market have in consolidating their market positions and searching for further opportunities for niches.

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During the forecast period, By region, North America, Western Europe, and the Asia Pacific are estimated to dominate the electric vehicle supply equipment market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region.

This report defines the different technologies employed by EVSE suppliers and the related market sectors, identifies leading supplier companies and analyzes markets in different geographic markets to provide a five-year forecast. Finally, the company profiles section provides the status of and recent events for companies providing EVSE.

Key Reasons to Purchase:
1) The report presents the company profile, product specifications, capacity, production value, and 2014-2018 Electric Vehicle Service Equipment (EVSE) Market shares for key vendors.

2) Complete organization profiles covering the item contributions, key monetary data, current improvements, SWOT examination and techniques utilized by the significant Electric Vehicle Service Equipment (EVSE) market players.

3) Analysis of upstream raw materials, downstream demand and current Electric Vehicle Service Equipment (EVSE) Market dynamics is also carried out

4) Distinguish the new advancements, Electric Vehicle Service Equipment (EVSE) market offers, and techniques utilized by the key market players.

5) The report provides key statistics on the market status of the Electric Vehicle Service Equipment (EVSE) manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

6) The focused scene including the market offer of huge players nearby the key frameworks recognized for advancement in the past five years.

Market Segmentation:
By Levels of Charging:
o Level 1
o Level 2
o Level 3

By Application:
o Public
o Private

By Installation Type:
o Portable
o Fixed

By Region:
o North America
o By Country (US, Canada, Mexico)
o By Levels of Charging
o By Application
o By Installation Type

o Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Levels of Charging
o By Application
o By Installation Type

o Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Levels of Charging
o By Application
o By Installation Type

o Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Levels of Charging
o By Application
o By Installation Type

o Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Levels of Charging
o By Application
o By Installation Type

o Rest of the World
o By Region (South America, Africa)
o By Levels of Charging
o By Application
o By Installation Type

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This release was published on openPR.