Press release
What Impacts of COVID-19 Shows on Electric Vehicle Charging Infrastructure Market Crrent Updates 2020 - ChargePoint, Inc, ABB, BP p.l.c., Royal Dutch Shell
Market Industry Reports (MIR) has published a new report titled "Electric Vehicle Charging Infrastructure Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2030." According to the report, the global electric vehicle charging infrastructure market accounted for over US$ 10.0 billion in 2019. The market is anticipated to grow at a CAGR of ~32.8% from 2019 to 2030.The increasing adoption of electric vehicles across the globe demands electric vehicle charging infrastructure. As a result, various companies and several regional governments have been investing heavily in the construction of electric vehicle charging infrastructure. For instance, in January 2020, state-owned Energy Efficiency Services and New Delhi-based Bharat Heavy Electricals have decided to construct public electric vehicle charging stations across India. Also, the Indian Ministry of Heavy Industries and Public Enterprises has permitted to build approximately 2,636 electric vehicle charging stations in 62 cities.
Major Players Include:
Some of the prominent players in the global electric vehicle charging infrastructure market include ChargePoint, Inc, ABB, BP p.l.c., Royal Dutch Shell Plc, Webasto Charging Systems Inc., Siemens, and EVgo Services LLC, among others.
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Scope of Report:
Heavy investments by key players in the construction of electric vehicle charging station, rising environmental concerns across the globe regarding carbon emissions, and increasing adoption of electric vehicles are the major factors driving the electric vehicle charging station market. Moreover, regional governments have been undertaking initiatives to build charging stations. For instance, the Indian government is planning to construct electric vehicle charging stations every 25 km by 2030. Moreover, building electric vehicle charging stations powered by renewable energy and ongoing R&D activities presents novel opportunities in the market.
Asia Pacific is expected to grow with the highest CAGR during the forecast period followed by Europe and North America. The growth of this region can be attributed to government initiatives to promote clean energy and a huge customer base. Moreover, the growing demand for electric vehicles in this region is further supplementing the electric vehicle charging infrastructure market.
The Research Provides Answers To The Following Key Questions:
-What is the estimated growth rate and market share and size of the Electric Vehicle Charging Infrastructure Market for the forecast period 2019 - 2030?
-What are the driving forces in the Electric Vehicle Charging Infrastructure Market for the forecast period 2019- 2030?
-Who are the prominent market players and how have they gained a competitive edge over other competitors?
-What are the market trends influencing the progress of the Electric Vehicle Charging Infrastructure Market industry worldwide?
-What are the major challenges and threats restricting the progress of the industry?
-What opportunities does the market hold for the prominent market players?
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Table of Contents
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecast Years - 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecast Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESSMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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About Us
Market Industry Reports 100% Subsidiary of Maniks Systems Pvt Ltd, Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Contact Us
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Phone: +1 347 767 5477 ( US ) + 91 8956 767 535 ( IN ) + 44 131 463 4161 ( UK )
Website: https://www.marketindustryreports.com
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