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Electric Vehicle Charging Products Market To Grow With Sustainable Cagr During 2021 – 2026

12-06-2021 06:50 AM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Electric Vehicle Charging Products market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2026 and also provides the forecast data from year 2021 to 2026 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Electric Vehicle Charging Products market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: Charge Point, Nissan, Mitsubishi, Honda, Toyota, XJ Electric Co.,Ltd, NARI Technology Co.,Ltd, SHEN ZHEN AUTO ELECTRIC POWER PLANT CO.,LTD, HOPE NEW ENERGY TECHNOLOGY INC, WAN MA GROUP, Shaihai Potevio Energy Science and Technology Co.,Ltd, Starcharge, TGOOD, ABB, BYD, Webasto, Efacec, Leviton, IES Synergy, Pod Point, Clipper Creek, DBT-CEV, Siemens, Aotexun, Schneider Electric

Recent Developments
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.

The Global Electric Vehicle Charging Products Market Size is Projected to Reach at a CAGR of 26.48% during 2021-2026.

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Covid-19 Impact and Recovery Analysis:

The number one goal of this Electric Vehicle Charging Products Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Electric Vehicle Charging Products market document.

Electric Vehicle Charging Products market Segmentation By Type:

Charging Pile

Charging Adapter

Others

Electric Vehicle Charging Products market Segmentation By Application:

Residential Area

Public Place

Market Overview:

 The global Electric Vehicle Charging Products Market size is projected to grow from 2,115 thousand units in 2021 to 30,758 thousand units by 2027, at a CAGR. 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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https://www.marketintelligencedata.com/reports/918482/global-electric-vehicle-charging-products-market-growth-2021-2026?mode=Ich_pooja

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 Japanese, 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 2027.

Regional Analysis:

North America (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 Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Electric Vehicle Charging Products Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Electric Vehicle Charging Products Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Electric Vehicle Charging Products industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2026)?
What could be the anticipated value of the Electric Vehicle Charging Products marketplace in the during the forecast period?
Impact of COVID-19:

The research includes historic data from 2016 to 2021 and forecasts until 2026 which makes the Electric Vehicle Charging Products market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Customization: -

The Global Electric Vehicle Charging Products Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

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.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com

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