Press release
Private segment will generate a revenue of $10,855.9 Mn by 2026, growing at a healthy CAGR of 33.6% which makes Global EV Charging Infrastructure Market to surpass $18,589.0 million by 2026
EV Charging Infrastructure Market
1 Global EV Charging Infrastructure Market Analysis 2026
The pollutant emissions from diesel-engine vehicles have necessitated strict government policies to back the alternative fuels and advanced vehicle technologies to improve the environmental performance. Rising demand for eco-friendly vehicles is one of the major factors for the EV charging infrastructure market growth. In addition, technology innovations combined with heavy investments in EV charging infrastructure development is also projected to drive the growth of the global market. Contrary to this, high cost of fast charging stations is anticipated to decline the growth of the global EV charging infrastructure industry.
PV (photovoltaic) based charging stations for electric vehicles can fulfill the rising demand of power by electric vehicles in upcoming years. This technology is mainly focusing on economic and technical feasibility. Furthermore, the PV based electrical vehicles has pollutant reduction potentials for nitrogen oxides, CO2 and SO?. These EV charging infrastructure market trends are predicted to create vast opportunities for the growth of the global market.
Check out How COVID-19 impact on the Global EV Charging Infrastructure Market. Click here to Speak with Analyst @ https://www.researchdive.com/connect-to-analyst/83
2 EV Charging Infrastructure Market Segmentation by Type
o AC Charging Station
o DC Charging Station
AC power supply type market shall register a revenue of $7,900.3 million by the end of 2026, growing at a CAGR of 36.0% during the forecast period.
3 EV Charging Infrastructure Market Segmentation by Charging Level
o Level 1 (120V)
o Level 2 (240 V)
o Level 3 (300-600 V)
The major benefits of AC charging system are that it can be transmitted economically over long distances. This charger has capability to make safe and controlled charging available for the vehicle. In addition, this charger can be used for charging of electric vehicles at various speeds. These key factors are anticipated to improve the global market growth.
Check out How solar power-based charging station solutions are projected to create enormous opportunities for the global market @ https://www.researchdive.com/purchase-enquiry/83
4 Key Companies Profiled
o ABB
o Eaton.
o ChargePoint, Inc.
o ClipperCreek, Inc.
o GENERAL ELECTRICE
o Honeywell International Inc
o Rittal GmbH & Co. KG
o Pod Point.
o Leviton Manufacturing Co., Inc.,
o Tesla.
5 Private segment will generate a revenue of $10,855.9 Mn by 2026, growing at a healthy CAGR of 33.6%
DC power supply type market has the largest market share and this segment will register a revenue of $10,688.7 million by the end of 2026, growing at a CAGR of 34.0%. Latest technological innovation and heavy investment in research & development activities by leading players is anticipated to boost the global market growth. In addition, global acceptance of clean power equipment is anticipated to foster the demand of DC charging system.
Click to know How AC Charging System segment will generate a revenue of $7,900.3 Mn by 2026 @ https://www.researchdive.com/download-sample/83
EV charging infrastructure market size for level 1(120V) charging will generate a revenue of $6,766.4 million by 2026, growing at a CAGR of 33.7%, throughout the forecast period. EV charging infrastructure market share for level 3(300-600 V) will register a revenue of $5,688.2 million by 2026, growing at a CAGR of 36.0%. In the public charging area such as city parking garages, mall parking Level 3 can decrease charging time and make it more efficient for users on-the-go. Level 3 charging requires an AC/DC converter for the generation of a DC voltage from the AC line. Furthermore, to meet regulatory standards, incoming power needs to go through power factor correction. In addition, Level 3 chargers may consist complex displays along with the facility of online billing/reporting applications.
6 EV Charging Infrastructure Market Segmentation by Application
o Private
o Public
EV charging infrastructure market for private charging will register a revenue of $10,855.9 million by 2026, growing at a CAGR of 33.6% during the forecast period. Growing concern among people about zero carbon emissions is one of the major factors for the growth of the global market. In addition, electrical vehicle owners prefer to install charging stations in their garages and parking; this is also anticipated to drive the global market.
Public charging segment shall generate a revenue of $7,733.0 million by 2026, increasing at a CAGR of 36.7% over the projected period. Multibillion-dollar investment in new EV projects by developed countries and constant improvisation in battery technology are the key factors attributed to creating demand for the EV charging devices, which ultimately will boost the growth of the global market.
Get Access to Full Report (TOC, Figures, Chart, etc.) @ https://www.researchdive.com/83/ev-charging-infrastructure-market
EV charging infrastructure market for Asia-Pacific
region is expected to rise at a CAGR of 34.5% by generating a revenue of $5,762.6 million by 2026. Grant eligibility and government support for EV projects is one of the driving factors compelling the electric vehicle charging infrastructure market in Asian countries. The Government of India is planning for installation of 5,000 EV charging stations. Multiple policy and regulatory level initiatives of the governments of Asian economies such as Japan, China and others are also some of the major factors for the growth of the global market.
In addition, fiscal and non-fiscal incentives and subsidy support, have played a key role in massive deploying of EV charging infrastructure; eventually it will boost the growth of Asian market.
Some of the major EV charging infrastructure market players include ABB, ChargePoint, Inc., Eaton., ClipperCreek, Inc., Honeywell International Inc, Pod Point., Tesla., GENERAL ELECTRICE, Leviton Manufacturing Co., Inc., and Rittal GmbH & Co. KG.
Top players using updated technologies for their EV charging infrastructure will have good probability of having success in the rapidly blooming market. For example, recently, Tesla deployed charging infrastructure for electric vehicles is in the U.S which is also recognized as the largest public fast charging station. Tesla charging infrastructure is supplying around 20 50 kW stalls each with CCS/SAE and Chademo ports.
To emphasize more on the competitor analysis of market players, the porter's five force model is explained in the report.
Contact us:
Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York
NY 10005 (P)
+ 91 (788) 802-9103 (India)
+1 (917) 444-1262 (US)
Toll Free: +1-888-961-4454
E-mail: support@researchdive.com
LinkedIn: https://www.linkedin.com/company/research-dive/
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive-1385542314927521
Blog: https://www.researchdive.com/blog
About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Private segment will generate a revenue of $10,855.9 Mn by 2026, growing at a healthy CAGR of 33.6% which makes Global EV Charging Infrastructure Market to surpass $18,589.0 million by 2026 here
News-ID: 2009450 • Views: …
More Releases from Research Dive
Electronic Data Management Market Expected to Rise Progressively by 2031 Due to …
The global electronic data management market is expected to witness significant growth by 2031, owing to the rising applications of electronic data management in the industrial sector. The North America region was the most dominant in 2021.
As per the report published by Research Dive, the global electronic data management market is projected to garner a revenue of $19,289.5 million and rise at a stunning CAGR of 12.2 % during…
Gastric Cancer Market Predicted to Make a Strong Comeback after the Pandemic Deb …
The global gastric cancer market is predicted to observe significant growth by 2031, owing to the increasing pervasiveness of gastric cancer among people worldwide. The Asia-Pacific region generated the highest market share in 2021.
As per the report published by Research Dive, the global gastric cancer market is envisioned to garner a revenue of $10,737.00 million and grow at a fascinating CAGR of 17.9% over the estimated timeframe from…
Off Grid Solar Market to Exhibit 12.3% CAGR and Generate $5,825.80 Million by 20 …
As per the report published by Research Dive, the global off grid solar market is predicted to generate a revenue of $5,825.80 million and grow at a stunning CAGR of 12.3% during the analysis timeframe from 2022 to 2031.
The global off grid solar market is predicted to witness prominent growth by 2031, owing to the increasing demand for electricity independence across the globe. The Asia-Pacific region garnered…
Roofing Materials Market to Garner a Revenue of $186.7 Billion and Exhibit a 4.3 …
As per the report published by Research Dive, the global roofing materials market is expected to register a revenue of $186.7 billion by 2031, at a CAGR of 4.3% during the forecast period 2022-2031.
The global roofing materials market is expected to grow primarily due to the growing need for waterproofing roofing materials. Re-roofing sub-segment is expected to flourish immensely. The Asia-Pacific region is predicted to grow at a high…
More Releases for Charging
Is it better to choose AC charging piles or DC charging piles for home charging …
Choosing between AC and DC charging piles for home charging piles requires comprehensive consideration of charging needs, installation conditions, cost budgets and usage scenarios and other factors. Here's a breakdown:
Image: https://www.beihaipower.com/uploads/4c61b8bc1.jpg
1. Charging speed
* AC charging piles: The power is usually between 3.5kW and 22kW, and the charging speed is relatively slow, suitable for long-term parking and charging, such as night charging.
* DC charging piles: The power is usually…
800V system challenge: charging pile for charging system
800V Charging pile "Charging Basics"
This article mainly talks about some preliminary requirements for 800V charging piles [https://www.beihaipower.com/products/], first let's take a look at the principle of charging: When the charging tip is connected to the vehicle end, the charging pile will provide (1) low-voltage auxiliary DC power to the vehicle end to activate the built-in BMS (battery management system) of the electric vehicle After activation, (2) connect the car end…
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg …
A dynamic charging system is a technology that allows electric vehicles to charge while in motion. This system typically involves embedding charging infrastructure into the road surface, which enables the vehicle to charge its battery as it travels along the road. This can potentially extend the range and operational capabilities of electric vehicles, as they can receive continuous power while on the move. Dynamic charging systems have the potential to…
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus…
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are also…
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…
