Press release
Electric Car Chargers Market To Grow With Sustainable Cagr During 2021 – 2027
The Global “Electric Car Chargers Market” research delves into detailed and insightful data on important variables such as regional growth, segmentation, and CAGR. The research contains a broad overview of the industry as well as a detailed explanation with a wealth of data. In addition, the production and management variety of end-user sectors. The research on the Electric Car Chargers market for the review period of 2021 – 2027 includes an in-depth assessment of certain new and significant industry trends, a competitive analysis, and a thorough geographical analysis.In accordance with the Electric Car Chargers market is set to grow at a CAGR of 28.37% over the forecast period (2021-2027).
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The study covers profiles of major companies operating in the Electric Car Chargers Market:
Chargepoint, ABB, Eaton, Leviton, Blink, Schneider Electric, Siemens, General Electric, AeroVironment, Panasonic, Chargemaster, Elektromotive, Clipper Creek, DBT CEV, Pod Point, BYD, NARI, Xuji, Potivio, Auto Electric Power Plant, Ruckus New Energy Tech, Huashang Sanyou, Wanbang, Qingdao Telaidian
Recent Developments
In September 2020, Tesla acquired German ATW automation, which is a company specializing in battery modules.
In September 2020, Seimens received a supply contract to power E-Buses across New-Zealand.
In August 2020, BYD launched mobile charging service to enable customers to charge their EV’s on the go in emergency conditions.
In July 2020, ABB started construction of a USD 30 Million facility for construction of EV chargers for global demand in Netherlands.
In March 2020, BYD announced plans to expand into Brazil for EV charging stations and EV market.
In march 2020, ABB acquired Chinese EV charging provider, ChargeDot to strengthen its emobility portfolio.
In October 2019, Shell introduced its business hub for companies which require swiching or scaling up e-mobility.
In September 2019, ChargePoint launched HomeFlex charger (50amp).
In March 2019, Tesla launched the 3rd generation supercharger.
In September 2018, ABB launched a new AC Wallbox for low cost EV charging for businesses and private use.
In April 2018, Siemens made a supply contract to supply EV chargers for Ebuses in Denmark.
In December 2017, Chargepoint introduced Vallet view, a feature to see real time charging status.
Market segment by Type, covers:
Slow AC
Fast AC
Fast DC
Market segment by Application can be divided into:
Home
Office
commercial
Market Overview:
global Electric Car Chargers Market size is projected to grow from 2,115 thousand units in 2021 to 30,758 thousand units by 2027, at a CAGR of 46.6%. Factors such as growing demand for energy-efficient commuting, governments supporting electric vehicles, and their charging infrastructure through preferencial policies, subsidies, and tax rebates have led to a growing demand for this segment along with the fact that within the next 2 decades, many governments around the world have announced plans to phase out fossil fuel vehicles from the market.
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The Asia Pacific market is projected to hold the largest share by 2027
Asia Pacific is expected to be the largest market. Large scale growth of EV charging network in China, growing demand for affordable electric vehicles for daily use, and governments promoting electric vehicles are expected to drive the Asia Pacific market during the forecast period. China’s rapidly growing economy is driving the expansion of advanced technologies to improve electrification in the country. China has spent approximately USD 2.4 billion till 2020 to improve the charging facility infrastructure in the country. The Japnese, Korean Governments have also come up with measures to drastically improve the number of electric vehicle charging points across their countries in the coming years. The Indian government has also announced plans to equip 69,000 EV charging stations across india as part of its first phase of EV infrastructure growth, which may have a demand of 4 lakh charging stations by 2026.
Regional Analysis:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
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Table of Contents: Electric Car Chargers Market
Chapter 1: Electric Car Chargers Market Product Definition
Chapter 2: Global Market Manufacturer Share and Market Overview
Chapter 3: Manufacturer Business Introduction
Chapter 4: Global Electric Car Chargers Market Segmentation (Region Level)
Chapter 5: Global Electric Car Chargers Market Segmentation (Product Type Level)
Chapter 6: Global Market Segmentation (Industry Level)
Chapter 7: Global Market Segmentation (Channel Level)
Chapter 8: Market Forecast 2021-2027
Chapter 9: Segmentation Product Type
Chapter 10: Segmentation Industry
Chapter 11: Cost of Production Analysis
Chapter 12: Conclusion
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Electric Car Chargers Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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