New Energy Vehicle Charging Pile Market 2021 Industry Growth and Product Scope 2027 Top Players as Mitsubishi, Honda, Toyota, XJ Electric, Teld

The “New Energy Vehicle Charging Pile” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The New Energy Vehicle Charging Pile Market is predicted to register a CAGR of 46.65% over the forecast period 2021 – 2027.”

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Market Overview

With the outbreak of pandemic COVID-19, the governments around the world have shifted their focus from other activities to health care facilities in their countries, and also with the imposed lockdown, all infrastructure work was affected as people were forced to stay at home to maintain social distancing and avoid the spread of the virus, which impacted the availability of the workforce and hence the projects were affected. Yet, with the gradual opening up of the economies infrastructure projects are also resuming and it is expected that the market will witness significant growth during the forecast period.

Key Competitors of the New Energy Vehicle Charging Pile market is: Charge Point, Nissan, Mitsubishi, Honda, Toyota, XJ Electric, Teld, Star Vharge, NARI Technology, Shenzhen Auto Electric Power Plant, WAN Ma Group, Shanghai Potevio Energy Science and Technology, EV Power

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the New Energy Vehicle Charging Pile market within the upcoming years.

New Energy Vehicle Charging Pile market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The New Energy Vehicle Charging Pile market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

AC Charging Pile

DC Charging Pile

Major Applications covered are:

HEV

PHEV

EV

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Key Market Trends

Growing Sales of Electric Vehicles

Electric vehicles have become an integral part of the automotive industry. They represent a pathway toward achieving energy efficiency, and reduced emissions of pollutants and greenhouse gases. Increasing environmental concerns and favorable government initiatives are the major factors driving this growth. The annual sales volume of electric passenger cars is projected to cross the 5 million mark by the end of 2025. Electric cars are expected to account for 15% of the overall vehicle sales by the end of 2025.

The electric vehicle market has been witnessing healthy growth rates in recent years. In 2020, many European countries witnessed a double-digit growth rate in EV sales. The European market captured around 43% of the global EV sales in 2020, compared to 26% in 2019. The overall sales of plug-in vehicles reached about 3.24 million units, compared to 2.26 million in 2019. This spike in sales is the result of an increase in regulatory norms by various organizations and governments, to control emission levels and to propagate zero-emissions vehicles.

Regional market New Energy Vehicle Charging Pile (regional production, demand and forecast by country):

Asia-Pacific is Leading the Electric Vehicle Charging Station Market

Geographically, Asia-Pacific is leading the electric vehicle charging station market, followed by Europe. In Asia-Pacific, China is the largest market for electric cars and buses, and it sold 872 thousand units of New Energy Vehicles (both passenger and commercial vehicles) for the first nine months in 2019, exhibiting a growth rate of 20.8%.

The Chinese electric vehicle charging station market is well supported by its battery electric vehicle market, which is backed by generous support from the government. China has extended the incentives relating to the purchase of new energy vehicles (NEVs) till 2022. In January 2020, Tesla Motors inaugurated a USD 2 billion facility at Shanghai, that was assembling nearly 3000 cars per week in March 2020 when all the other global facilities of the electric vehicle giant were shut down due to the COVID-19 pandemic.

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Recent Developments

In May 2021, ABB has entered into an agreement with charging solution provider Bornes Québec to ensure the wider availability of fast and convenient electric vehicles (EV) charging stations in the province of Quebec and to accelerate Canada's move towards sustainable transportation.
In January 2021, Siemens Smart Infrastructure released its new public fast charger Sicharge D. They claim it provides the highest peak efficiencies on the market at 96 percent. It also features scalable, high charging power of up to 300 kW and dynamic power-sharing.

Report Features:

To project the worth and sales volume of the New Energy Vehicle Charging Pile market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global New Energy Vehicle Charging Pile market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the New Energy Vehicle Charging Pile market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

The Global New Energy Vehicle Charging Pile Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.

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