Electric Vehicle Charging Station Market Status, Global Advancements and Business Scope 2022- The State Grid Corporation of China, ABB, Siemens, Qingdao Tgood Electric Co., Ltd

The Electric Vehicle Charging Station market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a detailed research study on the global Electric Vehicle Charging Station market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Electric Vehicle Charging Station from 2021 till 2026.

The global electric vehicle charging station market was valued at USD 5.03 billion in 2020 and is expected to register a value of USD 36.87 billion by 2026, with a CAGR of 44.44%.

 The electric vehicles (EV) market is witnessing significant growth, owing to the growing environmental concerns and rising demand for sustainable and energy-efficient transportation.

Top leading Manufacturers Profiled in Electric Vehicle Charging Station Market Report are: The State Grid Corporation of China, ABB, Siemens, Qingdao Tgood Electric Co., Ltd, and Tesla Inc

The global electric vehicle charging station market was valued at USD 5.03 billion in 2020 and is expected to register a value of USD 36.87 billion by 2026, with a CAGR of 44.44%.

Request for PDF Brochure:

https://www.marketinsightsreports.com/reports/05202907296/electric-vehicle-charging-station-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=S21

News and Updates

The electric vehicle charging station market is dominated by The State Grid Corporation of China followed by ABB. As of now, the company has integrated over 1 million charging stations covering 273 cities from 29 provinces. The company is expanding its presence by making partnerships with major automakers. For instance; in 2018 BMW and SGCC entered into a strategic partnership under which SGCC will enable BMW car drivers to access more than 270,000 charging pillars in China by the end of 2020.

Siemens AG continues to focus on developing the new technologies market for charging e-mobility. In September 2020, the company has received an order from Go Bus, one of New Zealand's largest bus operators, to power two of their bus depots with charging infrastructure for e-Buses.

Regional Analysis for Electric Vehicle Charging Station Market:

For a comprehensive understanding of market dynamics, the global Electric Vehicle Charging Station market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

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.

The electric vehicle market in Japan has been experiencing growth, as the demand for emission-free vehicles has been increasing, and the government has been investing heavily in this electric vehicle market. The Japanese government aims to transform all the new cars, sold in the country, to electric or hybrid vehicles, by 2050. The government has also set a target to reduce the emissions of carbon dioxide and other greenhouse gasses, by about 80% per vehicle, by 2050.

Avail Discount at-

https://www.marketinsightsreports.com/reports/05202907296/electric-vehicle-charging-station-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/discount?Mode=S21

What is the Impact of Covid-19 Outbreak on the Electric Vehicle Charging Station?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Electric Vehicle Charging Station.
- Electric Vehicle Charging Station Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the Electric Vehicle Charging Station market:

- What are the recent developments and government policies?
- What are the top trends in the Electric Vehicle Charging Station market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Electric Vehicle Charging Station market?
- Which region would offer high growth for vendors in the market?

Purchase this Report at-

https://www.marketinsightsreports.com/report/purchase/05202907296?mode=su?Mode=S21

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.