Press release
EV Charging Infrastructure Market to Grow at a CAGR of 15.0% to Hit US$ 23,395.77 million by 2028 - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners
EV Charging Infrastructure Market
Presently, EV charging stations are more common in private residences. However, the rising consumer demand has led to an active adoption of on-site commercial charging as a standard building feature. China, the EU-27 plus the UK, and the US, are expected to implement charging in residential and commercial buildings to scale up the EV charging infrastructure in the near future, which requires upgrading buildings' electrical infrastructure to satisfy the rising demand for EV charging.
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Competitive Landscape: EV Charging Infrastructure Market: Tritium; Blink Charging Co.; ChargePoint, Inc.; BP p.l.c.; EVBox; EVgo Inc.; Tesla, Inc.; Webasto Group; RWE AG; and Delta Electronics, Inc.
Additionally, EV charging at scale is subject to the careful planning of a building's electrical distribution system, along with the local electric-grid infrastructure. To enhance the accessibility and affordability of electric chargers, a large number of building developers, urban planners, and electrical-equipment suppliers are actively integrating the EV charging infrastructure into standard building design plans, thereby creating growth avenues for EV charging infrastructure market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global EV Charging Infrastructure Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the EV Charging Infrastructure Market is analysed and depicted in the report.
Furthermore, public charging stations in workplaces and dedicated EV charging hubs create massive opportunities to expand the EV charging infrastructure market owing to the rising adoption by less affluent buyers, including those residing in multiunit housing (having limited access to in-home charging). This is particularly more evident in China and the EU-27 plus the UK, where a limited number of single-family homes with in-home parking has led to a higher ratio of EVs to public charge points than in the US.
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Therefore, the increase in the number and type of charging infrastructure beyond single-family homes, including installation in apartment complexes, offices, fleet depots, parking lots, and commercial centers is creating ample growth opportunities for the scaling-up of the global EV charging infrastructure market.
The report analyses factors affecting EV Charging Infrastructure market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the EV Charging Infrastructure market in these regions.
Chapter Details of EV Charging Infrastructure Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: EV Charging Infrastructure Market Landscape
Part 04: EV Charging Infrastructure Market Sizing
Part 05: EV Charging Infrastructure Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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