Electric Vehicle Supply Equipment/System Market Size, Share, Statistics, Demand And Revenue, Forecast 2027

The Electric Vehicle Supply Equipment/System 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 2022 and 2027 and also provides the forecast data from year 2022 to 2027 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 Supply Equipment/System market research report recommends a business strategy for present market participants to strengthen their position in the market.

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The Global Electric Vehicle Supply Equipment/System Market Size is Projected to Reach at a CAGR of 15.64% during 2022-2027.

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: 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

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 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.

Electric Vehicle Supply Equipment/System Market Segmentation:

Electric Vehicle Supply Equipment/System market Segmentation By Type:

DC Charging

AC Charging

Electric Vehicle Supply Equipment/System market Segmentation By Application:

Commercial Vehicle

Passenger Vehicle

Market Oveview:

The global Electric Vehicle Supply Equipment/System market size is projected to grow from 2,115 thousand units in 2022 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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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. 

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 Supply Equipment/System 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 Supply Equipment/System 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 Supply Equipment/System industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2022-2027)?
What could be the anticipated value of the Electric Vehicle Supply Equipment/System marketplace in the during the forecast period?

Covid-19 Impact and Recovery Analysis:

The number one goal of this Electric Vehicle Supply Equipment/System 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. `

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