Press release
Germany Electric Vehicle Charger Market Size, Share, Trends, Analysis and Forecast 2019-2025
Germany electric vehicle charger market is anticipated to grow at a CAGR over 21.0% during the forecast period, 2019-2025. The country is among the major market of the electric vehicle all across the globe. As per the Federal Motor Transport Authority (KBA), around 63,300 electric cars were sold in Germany in 2019, as compared to 36,000 in 2018. The share of the electric vehicle has increased from 1.05% in 2018 to 1.75% in the country in 2019. The high purchasing power, government incentive, presence of major market players are among the major factor for the growth of the electric vehicle market and so electric vehicle charger market. As per the Chancellor Office, the government will invest around $3.8 billion to develop charging stations in the country. The country targets to develop 50,000 publicly accessible charging stations in 2022.A full report of Germany Electric Vehicle Charger Market is available at: https://www.omrglobal.com/industry-reports/germany-electric-vehicle-charger-market
Germany electric vehicle charger market is segmented based on ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. During the forecast period, fast chargers are expected to show a lucrative growth rate. As per the International Energy Agency, in 2018, out of 25,700, more than 23,100 were slow chargers whereas around 2,600 were fast chargers in the country. By connector type, the market is analyzed into AC connectors and DC connectors. AC connector market is further segmented into Type 1, Type 2 and other chargers, whereas the DC connector market is further segmented into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/germany-electric-vehicle-charger-market
Key companies contributing to the market include ABB Ltd., Alfen N.V., ChargePoint, Inc., Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., TGOOD Global Ltd., Webasto SE, and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.
Germany Electric Vehicle Charger Market- Segmentation
by Ownership
o Public
o Private
by Charger Type
o Slow Charger
o Fast Charger
by Connector
o AC Connectors
o DC Connectors
Visit for Global Electric Vehicle Charger Market Report at: https://www.omrglobal.com/industry-reports/electric-vehicle-charger-market
Company Profiles
o ABB Ltd.
o Alfen N.V.
o ChargePoint, Inc.
o Eaton Corp.
o Engie
o Leviton Manufacturing Co., Inc.
o Robert Bosch GmbH
o Schneider Electric SE
o Siemens AG
o Tesla, Inc.
o TGOOD Global Ltd.
o Webasto SE
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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