openPR Logo
Press release

Electric Vehicle Chargers Market in Europe | As EV Appropriation Develops, Charging Framework Needs To Do Likewise | ABB Ltd., Chroma Ate, Innogy, KEBA, POD Point Ltd., Chargemaster, Robert Bosch GmbH, Schaffner Holding AG, Silicon Laboratories, Inc., and

03-18-2020 02:47 PM CET | Energy & Environment

Press release from: Allied Market Research

Europe Electric Vehicle Chargers Market

Europe Electric Vehicle Chargers Market

Europe Electric Vehicle Chargers Market 2020-2023: Reasons Why You Should Incorporate Europe Electric Vehicle Chargers at Your Business

It doesn't seem to be a foreign counterpart anymore, when we happen to come across an electric vehicle on road. However, the frustration of electric vehicle owners seems to know no boundary when it comes to deficiency of charging stations on the way.

Download Report Sample (170 Pages PDF with Insights):

According to a new report by Allied Market Research, titled,"Europe Electric Vehicle Chargers Market by Vehicle Type, Charging Type, and End User (Residential and Commercial): Opportunity Analysis and Industry Forecast, 2017 - 2023,"the Europe electric vehicle chargers market size was valued at $477.2 million in 2016, and is projected to reach at $2,756.4 million by 2023, growing at a CAGR of 29.4% from 2017 to 2023.

This post is going to reveal quite a few strong reasons why you should deploy EV charging stations inside your business premise.

Contaminated air comes with untoward health effects. When it affects our bodies, it leaves an adverse impact on the planet as well. So, there is practically no doubt that any steps you would be taking as individuals to perk up the air quality will be beneficial to cha the lives on the mother earth. Electric vehicles tend to emit no gases and this particular trait of EVs makes them a substantial tool to enhance air quality. By accommodating a charging station at your business, you are actually supporting a technology that will make this planet a better place to live in. This way, you can definitely contribute to the overall improvement of air quality.

On the other hand, by hosting an EV charging station, you can send a valuable message to your employees about the values of the organization. This eco-friendly, reliable and advanced step of yours would definitely provide the staffs with a positive outlook toward the corporation. When it inspires and permits employees to embrace such important values, it also sets an instance for how a transformation to cleaner energy is possible and pretty much achievable if everyone does their respective part. This vocation also sends a parallel message to the budding customers, heightening your company's overall brand status or repute.

Schedule A Free Call With Our Analysts/Industry Experts To Know More About This Report:

Also, incorporating EV charging stations to company edifices is a significant bonus for employees too, as it eases and comforts their experience using electronic vehicles. Just consider the number of hours an employee parks his/her car for in your parking lot. All those hours could now be utilized for charging their vehicles, which is an important benefit, especially for them who many not have a home charger. This advantage can help diminish travel times in areas where EVs need to traverse through carpool lanes. So, an addition of an electronic vehicle charger can certainly be an influential and significant bargaining chip in titillating and retaining brilliant employees.

EV charging stations have further been boosted in 2019. However, it still goes astray to provide for many car owners, especially in rural areas away from metro towns. Although there has been an approximated 28 percent surge in charging hubs year-on-year since 2016, much of this has only taken place in major UK cities such as London.

Request For Customization Of This Report:

As per the statement of Dan Martin, CEO of Elmtronoics, charging network has considerably polished up to a substantial extent. However, major investment is still required across the United Kingdom. According to him, one of the biggest challenges Elmtronics has undergone has been nothing but the charging infrastructure. Access to steadfast chargers on busy motorways is really needed. The situation has ameliorated, but it is no close to perfecttion. Significant investment into the UK's overtly available chargers can improve the situation. The investment is projected to hit soon and tone down the resentment felt by far-off electric car drivers. Recently, an electric charging software ZapMap has disclosed how some rural provinces are detached from new electric charging technology. Nevertheless, it's going to get better soon.

According to Allied Market Research, the Europe electric vehicle chargers market is expected to grow at a significant CAGR from 2017-2023. Several government initiatives to check environment pollution, rise in production of electric vehicles, and high-end development of electric vehicle charging infrastructure are the major factors fueling the growth of the market. On the other hand, small number of EV charging stations and dearth of standardization of EV charging are expected to curb the growth to some extent. However, increase in demand for luxury vehicles has almost modulated the above factors and worked round for a number of opportunities for the frontrunners in the industry.

Interested To Purchase This Report & Have Any Questions Before Buying Do Ask Here:

In a nutshell, electric vehicle (EV) chargers are mainly used in laying out charging to electric vehicles by means of any cordless device or any electrical source that charges the battery. Different heights and planes of charging such as level 1, level 2, and level 3 are taken recourse to in order to charge such vehicles. Also, the fact that the cost of electric cars is comparatively lower than that of traditional vehicles has boosted the growth of electric vehicle chargers market yet more. Last but not the least; electric vehicles bring down the carbon footprint unleashed to the atmosphere, which holds toxic gas particles. To sum up, the market has started growing quite profusely and it's projected to expand yet more in the next few years.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Allied Market Research Blog:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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 Electric Vehicle Chargers Market in Europe | As EV Appropriation Develops, Charging Framework Needs To Do Likewise | ABB Ltd., Chroma Ate, Innogy, KEBA, POD Point Ltd., Chargemaster, Robert Bosch GmbH, Schaffner Holding AG, Silicon Laboratories, Inc., and here

News-ID: 1973826 • Views: 554

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ Synthetic biology is at a nascent stage and has recently

All 5 Releases

More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining