Press release
Electric Vehicle Charging System Market Future Growth, Opportunities, Analysis and Forecast to 2030
Electric Vehicle Charging System Market
Electric Vehicle Charging System Market by Product Type (Home Charging Systems and Commercial Charging Systems), Mode of Charging (Plug-In Charging System and Wireless Charging System), and Charging Voltage Level (Level 1, Level 2, and Level 3): Global Opportunity Analysis and Industry Forecast, 2019-2026." The report provides a detailed analysis of the drivers & opportunities, wavering market trends, competitive market scenario, and market size & estimates. According to the report, the global electric vehicle charging system market was estimated at $3.18 billion in 2018 and is expected to hit $66.27 billion by 2026, registering a CAGR of 45.6% during the estimated period.
Inquire for 25 % discount on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/781
Drivers, restraints and opportunities-
Rise in production of electric vehicles, increase in adoption of electric vehicles owing to government initiatives, and surge in demand for low-emission & fuel-efficient vehicles propel the growth of the global electric vehicle charging system market. On the other hand, high cost of electric vehicles and charging infrastructure restrains the growth to certain extent. However, development of wireless charging technology and incorporation of Vehicle-To-Grid (V2g) EV Charging Stations are expected to pave the way for a number of opportunities in the industry.
The home charging systems segment to lead the trail till 2026-
Based on product type, the home charging systems segment contributed to more than four-fifths of the global electric vehicle charging system market share in 2018 and is expected to rule the roost throughout 2019–2026. The fact that home charging system does not involve any additional cost and it can charge the vehicle from an ordinary 120-V socket has augmented the growth. The commercial charging systems, on the other hand, would showcase the fastest CAGR of 49.7% by 2026. This is attributed to the fact that commercial charging systems can charge electric vehicles for longer range in lesser time.
Get Sample Report for More Details @ https://www.alliedmarketresearch.com/request-sample/781
The plug-in charging system segment to dominate during the estimated period-
Based on mode of charging, the plug-in charging system held the major share in 2018, generating 98% of the global electric vehicle charging system market. This is due to increased demand for charging station and rising penetration of electric vehicles. At the same time, the wireless charging system is projected to register the fastest CAGR of 52.8% during 2019–2026, owing to high-end convenience to use the charger.
Asia-Pacific, followed by Europe and North America, to maintain its top status during the study period-
Based on geography, the Asia-Pacific region, followed by Europe and North America, accounted for nearly half of the global electric vehicle charging system market revenue in 2018 and is anticipated to maintain its top status in terms of revenue. Growing production of electric vehicles and rising adoption of the same due to government regulations for low-emission and fuel-efficient automobiles have augmented the growth. Simultaneously, the LAMEA region would cite the fastest CAGR of 50.9% till 2026. Increase in demand for electric vehicle charging stations in the region has propelled the growth.
Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/781
Leading players in the market-
* Delphi Automotive LLP
* Evatran Group, Inc.
* Delta Electronics, Inc.
* Siemens AG
* General Electric Company
* Schneider Electric SE
* Eaton Corporation Plc
* Robert Bosch GmbH
* Tesla Motors, Inc.
* ClipperCreek, Inc
Contact:
David Correa
Portland, OR, 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
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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 Electric Vehicle Charging System Market Future Growth, Opportunities, Analysis and Forecast to 2030 here
News-ID: 2263639 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Charging
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…
EV Charging Infrastructure Market: Robotic and Smart Charging Technology
According to the new research report published by The Insight Partners, titled “EV Charging Infrastructure - Global Analysis and Forecast to 2027”, The Global EV Charging Infrastructure Market is expected to reach US$ 95.98 Billion in 2027, registering a CAGR of 36.8% during the forecast period 2019-2027.
Some of the key players operating in the EV Charging infrastructure market are ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc.,…
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…
