Press release
Car Charger Market Research Report and Forecast to 2028 | ABB, Leviton Manufacturing, Evatran
The Car Charger Market report contains a complete analysis of the industry's major drivers and constraints, opportunities, and challenges throughout the forecasted timeframe. With the greatest facts and figures, meaning, definition, SWOT analysis, research findings, and the newest developments throughout the world, the research report provides essential analysis on the Car Charger market. The market size, Sales, Price, Income, Gross Margin, and Market Share, as well as the cost framework and rate of growth, are all calculated in the report.
*Our predictors expect that the market size is set to grow at robust CAGR of +30.3% during the 2022-2028 periods…!
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There are many companies that have their presence in Car Charger market. The players involved in the Car Charger market include a host of companies, right from the OEMs to network operators, software companies, and networking equipment suppliers. The report profiles all the prominent companies involved in the market which are mentioned as ABB, Leviton Manufacturing, Evatran, Siemens, Bosch, Energizer, LG Electronics, General Electric, Schneider Electric, Aerovironment, Sony, and other…
Industry News and Updates:
ABB has made 33 acquisitions and 18 investments. The company has spent over $ 10.74B for the acquisitions. ABB has invested in multiple sectors such as Smart Grid, Professional Service Robots, Manufacturing Tech and more.
Siemens has made 80 acquisitions and 46 investments. The company has spent over $ 35.67B for the acquisitions. Siemens has invested in multiple sectors such as Manufacturing Tech, Electronic Design Automation Tools, Facility Management Tech and more.
Bosch has made 12 acquisitions and 28 investments. The company has spent over $ 921M for the acquisitions. Bosch has invested in multiple sectors such as Telecom Infrastructure Tech, Energy Efficiency Tech, Facility Management Tech and more.
Parameter Description
Base year: 2022
Forecast period: 2022-2028
Market sizing Revenue in US$ Billions And CAGR for the period 2022 to 2028
Geographical coverage and Vendor scope and analysis
Coverage in Forecasting sales, forecasting market share, analyzing businesses, competitive environment, market growth factors, market constraints, market dynamics, and business profiles
Segmentation Analysis of the market
The market is segmented on the basis of the product, type, end users and application. Segmentation is considered to be the most vital part of the report which helps the reader to understand the market in précised way.
By Type:
Alternating Current (AC)
Direct Current (DC)
Plug-in Charging
Wireless
Battery Swapping Charging
By Application:
Cars
Others
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Methodology
Primary research examines any information to gather. It entails a thorough examination of current sales, data, and customers. It also considers the effectiveness of present procedures while also considering rivals.
Secondary research examines information that has previously been published. It comprises papers and research from other businesses, government agencies, and industry experts.
Regional analysis
The APAC region is projected to dominate the global Car Charger market during the forecast period. The Asia Pacific market is likely to be driven by large-scale growth of EV charging infrastructure in China, growing demand for affordable EVs for everyday use, and governments promoting EVs. During the forecast period, the country's fast-rising economy fuels the expansion of advanced technologies to improve electrification in China. China invested around USD 2.4 billion in improving the charging infrastructure in the country till 2020. Japan and Korea have declared a plan to considerably increase the number of electric vehicle charging stations in their respective countries in the coming years. In addition to this, the Indian government has announced plans to build 69,000 Car Chargers around the country as part of its first phase of EV infrastructural development, with a demand for 4 lakh charging stations expected by 2028.
Europe holds the second-largest position in the market for electric vehicle charging stations due to the presence of key market players in this area. Consumer adoption of EVs and autonomous vehicles, shared mobility is likely to fuel market expansion in this region.
North America stood at USD 3.46 billion in 2020 is projected to reach USD 13.64 billion in 2028, at a CAGR of 24.61% over the projected period. North America is expected to show prominent growth in this market over the forecast period. Owing to the rising stringent government regulation for vehicle emission, the fast adoption rate of new technology, and the high expenditure in product innovation are factors expected to propel the market in the North American region.
North America: (U.S., Canada, Mexico)
Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
South America: (Colombia, Brazil, Argentina, Rest of South America)
Asia Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Reasons to buy Report
The report offers in depth analysis of the market by providing the definition, application and classifications.
The SWOT analysis and strategies of each vendor in the market in provided in the report.
The offers comprehensive insights into current industry trends, trend forecast and growth drivers.
The report provides a detailed overview of the vendor landscape, competitive analysis and key market strategies to gain competitive landscape.
Key Questions Answered By This Report
(1) What are the growth opportunities for the new entrants in the Car Charger industry?
(2) Who are the leading players functioning in the Car Charger market?
(3) What are the key strategies participants are likely to adopt to increase their share in the Car Charger industry?
(4) What is the competitive situation in the Car Charger market?
(5) What are the emerging trends that may influence the Car Charger market growth?
(6) Which product type segment will exhibit high CAGR in the future?
(7) Which application segment will grab a handsome share in the Car Charger industry?
(8) Which region is lucrative for the manufacturers?
20% free Customization of this Report:
We appreciate your reading the article in its entirety. If you would like to know more about the market Car Charger, looking for customization, contact us. To achieve a full market reach of Car Charger or explore more about opportunities reach our research analyst. Our team is available 24/7 to assist and support our customers through reliable research.
Finally, the Car Charger Market report is the believable source for gaining the market research that will exponentially accelerate your business.
About Us: Research Studies is a reliable source for market research reports that can give your company the edge it needs. Market intelligence data goal at Research Reports is to provide a platform for many top-notch market research businesses around the world to publish their research reports, as well as to assist decision-makers in selecting the most appropriate market research solutions all under one roof.
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Irfan Tamboli (Head of Sales) - Market Intelligence Data
Phone: + 1704 266 3234
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