Electric Car Charger Global Market Size, Share, Growth, Trends, By Vehicle Type, By Charging Type, By End User, Regional Outlook And Forecast 2022-2031 | ABB Ltd., Siemens AG, AeroVironment Inc., Eaton, Evatran LLC
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The global electric car chargers market report by the business research company identifies the increasing demand for electric vehicles owing to growing environmental awareness is expected to drive the growth of the electric car charger market over the coming years. The world is moving towards electrified transportation to reduce the emissions of pollution from non-renewable fossil fuel vehicles and to offer transport as a substitute for costly fuel. According to EV-Volumes, a database of sales statistics, charging infrastructure, batteries, car models, and sales forecasts for plug-in cars, the number of plug-in vehicles that were sold in 2020 reached 3.24 million from 2.26 million in 2019. Therefore, the increasing sales of electric vehicles drive the growth of the electric car charger market.
The global electric car charger market is expected to grow from $2.24 billion in 2020 to $2.96 million in 2021 at a compound annual growth rate (CAGR) of 31.97%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The electric car chargers market is expected to reach $10.31 billion in 2025 at a CAGR of 36.6%.
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Asia Pacific was the largest region in the electric car charger market in 2020. The regions covered in the electric car chargers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the electric car chargers market are Leviton Manufacturing Co. Inc, ABB Ltd., Siemens AG, Schneider Electric Corp, AeroVironment Inc., Eaton, Evatran LLC, Tesla Motors Inc., Delphi Automotive Plc., Bosch Automotive Service Solutions Inc, Elektromotive Ltd., Hubbell Device-Kellems, Legrand, TurboDock, GE, Chargepoint, and Blink.
The global electric car chargers' market is segmented -
1) By Type: Slow AC, Fast AC, Fast DC
2) By Application: Home, Office, Commercial
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The Electric Car Chargers Market Report Contents Include
1. Executive Summary
2. Electric Car Charger Market Characteristics
3. Electric Car Charger Market Trends And Strategies
4. Electric Car Charger Market - Macro Economic Scenario
5. Electric Car Charger Market Size And Growth
.....
26. Africa Electric Car Charger Market
27. Electric Car Charger Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Car Charger Market
29. Electric Car Charger Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the electric car chargers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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