Electric Vehicle Supply Equipment Market Overview, Top Companies, Region, Application and Forecast by 2027 - ABB, Eaton, Leviton, Blink Charging

The “Electric Vehicle Supply Equipment” 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 Electric Vehicle Supply Equipment Market is predicted to register a CAGR of 15.66% over the forecast period 2021 – 2027.”

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Market Overview

AC Level 1 and Level 2 segment is expected to be the largest segment for electric vehicle charging equipment market, providing a maximum share of the charging for electric vehicles. Most of these charges would be taking place at home, workplaces, and via slow-charge public stations in the United States.
Automakers, utilities, and charging providers in many cities in the country are making low-risk, high-utilization investments to deploy electric vehicles and the Zero Emission Vehicle along with DC fast charging (DCFC), creating ample opportunities for the EV charging equipment market.
The transportation sector is responsible for nearly 28% of the total greenhouse gas emissions (GHG) in the United States. Therefore, substituting EVs for gasoline-fueled cars is leading to a significant reduction in GHG emissions, hence promulgating the investment in EV sector.

Key Competitors of the Electric Vehicle Supply Equipment market is: ABB, Eaton, Leviton, Blink Charging, Schneider Electric, Siemens, General Electric, AeroVironment, IES Synergy, Chargemaster, Efacec, Clipper Creek, DBT-CEV, Pod Point, BYD, NARI, Xuji Group, Potivio, Auto Electric Power Plant

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 Electric Vehicle Supply Equipment market within the upcoming years.

Electric Vehicle Supply Equipment 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 Electric Vehicle Supply Equipment market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

DC Charging

AC Charging

Major Applications covered are:

Commercial Vehicle

Passenger Vehicle

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Key Market Trends

AC Level 1 and Level 2 Charging to Dominate the Market

Alternate-current (AC) charging, is also known as level 1 or level 2 charging. In this system, an in-car inverter converts AC to direct current (DC), which then charges the battery at either level 1 (equivalent to a US household outlet, 120 volts) or level 2 (240 volts).
Home and workplace charging are typically done through AC charging, with 83% of the United States electric vehicle drivers using home charging. This in turn is expected to drive the demand for AC charging with more EV coming into the market, supported by governmental regulations.
The Government of California has set a target for 5 million zero emission vehicles (ZEVs) on the roads by 2030 and 250,000 electric vehicle charging stations by 2025. So, those who use Level 1 at home exhibit daily charging events for different vehicle types, and those who use Level 2 at home tend to drive slightly more miles per year.

Regional market Electric Vehicle Supply Equipment (regional production, demand and forecast by country):

Increasing Investment in EVs to Drive the Market

Many leading energy firms are increasingly entering into the EV charging equipment market, for broader consumer acceptance in the overall electric vehicle market, across the world. For instance, in 2017, Enel, through its subsidiary, EnerNOC, announced the acquisition of a leading North American supplier of electric vehicle (EV) charging stations, eMotorWerks.
Companies like Tesla Motors have innovated and increased competitiveness in the sector with its cutting-edge automobile and energy solutions. Global organizations like GM, Ford, and Renault too are following the lead and coming up with their EV projects and investments.

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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Report Features:

To project the worth and sales volume of the Electric Vehicle Supply Equipment 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 Electric Vehicle Supply Equipment 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 Electric Vehicle Supply Equipment 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:

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