2023 Electric Vehicle Charging Stations Equipment Global Market Analysis And Forecast 2032 | Technologies, Demand, Growth, Research And Players ABB Ltd., Siemens AG, The New Motion BV, Tesla Motors Inc., ClipperCreekInc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Electric Vehicle Charging Stations Equipment market report by The Business Research Company, National and international legislative policies for promoting the electric vehicle (EV) are driving the growth of the electric vehicle charging stations equipment market. The scheme to provide incentives to motivate investors in buying electric vehicles and installing the EV charging stations help in driving the electric vehicle charging stations market. This helps in boosting the electric vehicle charging stations equipment market. For example, an attractive scheme was launched by the German government to provide a direct discount of $4,520 for EV buyers. Also, public funding for charging stations for every 50 km is provided in Norway. Thus, driving the EV charging stations market, thereby driving the electric vehicle charging stations equipment market.
The global electric vehicle charging stations market grew from $5.4 billion in 2022 to $7.3 billion in 2023 at a compound annual growth rate (CAGR) of 35.3%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric vehicle charging stations market is expected to grow from $23.25 billion in 2027 at a CAGR of 33.6%.
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Major competitors in the Electric Vehicle Charging Stations Equipment market include ABB Ltd., Siemens AG, The New Motion BV, Tesla Motors Inc., ClipperCreekInc., DBT SA, Chargemaster PLC., Engie SA, Fortum Oyj, and Leviton Manufacturing Co.
The Electric Vehicle Charging Stations Equipment market is segmented -
• By Type: AC Charging, DC Charging, Inductive Charging
• By Vehicle Type: Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV)
• By Charging Type: Level One Charging (120 Volts), Level Two Charging (240 Volts), DC Fast Charging (480 Volts)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Electric vehicle charging station equipment refers to equipment that connects an electric vehicle to an electricity source to recharge the vehicle.
The Table Of Content For The Electric Vehicle Charging Stations Equipment Market Include:
1. Executive Summary
2. Electric Vehicle Charging Stations Equipment Market Characteristics
3. Electric Vehicle Charging Stations Equipment Market Trends And Strategies
4. Electric Vehicle Charging Stations Equipment Market - Macro Economic Scenario
5. Electric Vehicle Charging Stations Equipment Market Size And Growth
………
28. Key Mergers And Acquisitions In The Electric Vehicle Charging Stations Equipment Market
29. Electric Vehicle Charging Stations Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Electric Vehicle Charging Stations Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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