Press release
Electric Vehicle (EV) Chargers Market to witness Massive Growth by 2027-ABB Ltd, Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc
Electric Vehicle (EV) Chargers Market 2021-2027 Financial Insights, Business Growth Strategies with Competitive LandscapeThe Electric Vehicle (EV) Chargers market will grow from USD 102.36 Billion in 2017 to USD 121.77 Billion by 2027, at an estimated CAGR of 3.53%.
The Electric Vehicle (EV) Chargers market Research study published by MarketInsightsReports, entitled Global Electric Vehicle (EV) Chargers Market Growth 2021-2027 consists of the market share, size, segmentation, and current trends. The study also contains the numerical research of the global Electric Vehicle (EV) Chargers market on a global level and offers planning and designing statistics to boost business development. The report author has included key competitive landscape (upcoming identifiers) on past and future projections of Electric Vehicle (EV) Chargers market industrial growth in forecast time-period. It then sheds light on key development trends, regional application and type wise analysis in the Electric Vehicle (EV) Chargers market report.
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Electric vehicle (EV) chargers are used to provide charging to electric vehicles with a battery and the electrical source that helps to charge the battery. Charging of such vehicles can be carried out through different levels of charging, i.e., level 1, level 2, and level 3. The cost in addition to maintenance cost of electric vehicles is lower than conventional petrol/diesel cars. Electric vehicles reduce the carbon footprints released into the atmosphere, which contain toxic gas.
Top Impacting Factors
The significant factors impacting the growth of the electric vehicle charger market include government regulations to limit environment pollution, increase in market penetration of electric vehicles, and surge in government initiatives for development of electric vehicle charging infrastructure. Further, limited number of EV charging stations, lack of standardization of EV charging, rise in demand for luxury and feature enabled vehicles, and wireless charging for electric vehicles have strong impact on the market. Each of these factors is anticipated to have a definite impact on the electric vehicle charger market during the
The conventional gas-powered vehicle makes use of an internal combustion engine to generate power. In an ideal scenario, the combustion system fully incinerates the fuel and only creates carbon dioxide and water as waste; however, the combustion system generates various greenhouse gases, leading to environmental pollution. On the other hand, an electric vehicle uses an electric motor powered via a continuous supply of current; hence, it does not create any pollutants.
The U.S., Germany, France, and China have implemented stringent government laws and regulations for vehicular emission, making it mandatory for the automobile manufacturers to use advanced technologies to combat high-emission levels in vehicles. A program launched by California Air Resources Board (CARB) also includes guidelines for manufacturers to produce and deliver zero-emission vehicles (ZEVs), substantially boosting the adoption of electric vehicles and thereby electric vehicle charger market.
Top Companies in the Global Electric Vehicle (EV) Chargers Market are - ABB Ltd, Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc, Silicon Laboratories, Chargemaster PLC, Schaffner Holdings AG, POD Point
Electric Vehicle (EV) Chargers Market Segmentation:
This report fragments the Global Electric Vehicle (EV) Chargers Market based on Types are-
On-Board Chargers
Off-Board Chargers
Based on Application, the Global Electric Vehicle (EV) Chargers Market are divided into-
Battery Electric Vehicles (BEV)
Plug-In Electric Vehicles (PHEV)
Hybrid Electric Vehicles (HEV)
Global Electric Vehicle (EV) Chargers Market: Regional Segment-
North America (US, Canada)
Europe (Germany, UK, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Latin America (Brazil, Mexico)
Middle East and Africa
The Study Objectives Of the Electric Vehicle (EV) Chargers Market are:
To Analyse global Electric Vehicle (EV) Chargers status, future forecast, growth opportunity, key market and key players.
To Present the Electric Vehicle (EV) Chargers development in North America, Europe, Asia Pacific, Latin America & Middle East and Africa.
To Strategically profile the key players and comprehensively analyse their development plan and strategies.
To Define, Describe and Forecast the Electric Vehicle (EV) Chargers market by product type, market applications and key regions.
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https://www.marketinsightsreports.com/reports/08033147739/global-and-china-electric-vehicle-ev-chargers-market-insights-forecast-to-2027?Source=OpenPR&Mode=Lily
Some Major Points from Table of Contents:
Chapter 1. Research Methodology & Data Sources
Chapter 2. Executive Summary
Chapter 3. Electric Vehicle (EV) Chargers Market: Industry Analysis
Chapter 4. Electric Vehicle (EV) Chargers Market: Product Insights
Chapter 5. Electric Vehicle (EV) Chargers Market: Application Insights
Chapter 6. Electric Vehicle (EV) Chargers Market: Regional Insights
Chapter 7. Electric Vehicle (EV) Chargers Market: Competitive Landscape
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