Press release
Global Sales Of Metals In Electric Vehicle Charging Infrastructure Garnered A Market Value Of US$ 1 Bn In 2022
The global sales of metals in electric vehicle charging infrastructure garnered a market value of US$ 1 Bn in 2021 and is expected to register a staggering double digit CAGR of 18% by accumulating a market value of US$ 10 Bn through the assessment period 2022-2032. In 2022, the market is forecast to reach US$ 2 Bn.The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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The report offers actionable and valuable market insights of Electric Vehicle Charging Infrastructure. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Electric Vehicle Charging Infrastructure across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Electric Vehicle Charging Infrastructure. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Electric Vehicle Charging Infrastructure
This newly published and insightful report sheds light on Market Insights of Electric Vehicle Charging Infrastructure, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electric Vehicle Charging Infrastructure.
Key Takeaways from the Market Study
• By metal, copper expected to account for more than 30% market share in 2022
• By end use, commercial segment expected to hold more than 75% market share
• Europe expected to hold more than 30% market share for metals in electric vehicle charging infrastructure.
• Asia Pacific expected to dominate the market for metals in electric vehicle charging infrastructure by possessing more than 50% market share
• Global market for metals in EV charging infrastructure to reach US$ 2 Bn by 2022
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Competitive Landscape
• In February 2020, CODELCO announced all its operations will participate in the Copper Mark Program. The company has also pledged to sustainable developments by 2030 and integrating carbon neutrality by 2050
• JSW, Alcoa Corporation, Rio Tinto, Glencore, KGHM, Rusal, CODELCO, First Quantum Minerals Ltd, Emirates Global Aluminum (EGA), Norsk Hydro ASA are prominent metals in electric vehicle charging infrastructure market players.
• In November 2021, Alcoa Corporation announced its plan to design aluminium refinery of the future. The company is focusing on reinventing its aluminum production by reducing the carbon emissions. Moreover, the company is the third largest third-party supplier of aluminum.
• In February 2020, Glencore announced global marketing relationships with United States Strategic Metals. The relationship consists of a long-term agreement for 100% of the company's product. The companies are focusing on exploring commercial segments for offering raw materials.
Key Companies Profiled
• Alcoa Corporation
• CODELCO
• Emirates Global Aluminium (EGA)
• First Quantum Minerals Ltd.
• Glencore
• JSW
• KGHM
• Norsk Hydro ASA
• Rio Tinto
• Rusal
Increase in air pollution is causing a major threat to human life. Thus, the adoption of electric vehicles across the globe is on a surge. Furthermore, to charge electric vehicles, the demand for charging stations has increased. As raw metals play a crucial part in the infrastructure of electric charging stations, the demand for the same is expected to rise in the upcoming assessment period.
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Report Benefits & Key Questions Answered
• Electric Vehicle Charging Infrastructure Company & brand share analysis: The report offers brand-share analysis on Electric Vehicle Charging Infrastructure to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
• Electric Vehicle Charging Infrastructure Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
• Electric Vehicle Charging Infrastructure Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
• Electric Vehicle Charging Infrastructure Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
• Electric Vehicle Charging Infrastructure Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
• Post COVID consumer spending on Electric Vehicle Charging Infrastructure: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Electric Vehicle Charging Infrastructure sales.
More Valuable Insights on Electric Vehicle Charging Infrastructure
Fact.MR, in its new report, offers an unbiased Market Analysis of Electric Vehicle Charging Infrastructure, Sales and Demand of Electric Vehicle Charging Infrastructure, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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