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UAE Electric Vehicle Charging Equipment Market Size 2023- Future Challenges, Growth Opportunities, Upcoming Trends and Forecast Report 2022-2032: SPER Market Research
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UAE EV Charging Equipment Market Overview (2022-2032)
Forecast CAGR (2022-2032): 35.76%
Forecast Market Size (2032): XX billion
Two of the most common types of EV charging equipment are AC and DC chargers. AC charges are slower and often found in homes and public parking lots, but DC chargers are quicker and frequently found along major roads and highways. Market share is very competitive, with both domestic and foreign rivals vying for it. In addition, there are service providers in the UAE market for EV charging equipment that offer mobile charging solutions that let EV owners charge their cars while they're on the road. These services might be particularly useful for drivers who have to travel a long distance or who might not have access to a charging station. As the nation continues to invest in the infrastructure for electric vehicles and encourage sustainable transportation, the UAE EV charging equipment market is anticipated to experience considerable expansion over the next few years.
Impact of COVID-19 on the UAE Electric Vehicle Charging System Market
The COVID-19 epidemic has had a substantial impact on the market for electric vehicle (EV) charging devices in the UAE. The lockdowns and restrictions put in place to curb the virus's spread limited the number of electric vehicles on the road, which cut the need for charging infrastructure. Also, the pandemic's effects on the supply chain caused a delay in the installation and upkeep of equipment for producing and distributing EV chargers. The demand for electric vehicles is expected to rise again after the pandemic subsides and the economy begins to recover, which will lead to an increase in the demand for EV charging infrastructure.
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UAE EV Charging Equipment Market Key Segments Covered
The SPER Market Research report seeks to give market dynamics, demand, and supply forecasts for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.
By Vehicle Type:
Passenger Car
Commercial Vehicle
Two-Wheeler
By Type:
AC
DC
By Charging Mode:
Plug-In
Wireless
By Installed Location:
Commercial
Residential
By Connector Type:
Type 1
Type 2
UK 3-Pin
CHAdemo
CCS
Others
By Type of Charging:
Slow
Fast
By Region:
Abu Dhabi
Dubai
Sharjah
Rest of UAE
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
UAE Electric Vehicle Charging Equipment Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; ABB Industries (L.L.C.), Catec, Efacec Group, eMagine, FutureLink L.L.C (GreenParking), L-Charge, Orbix International LLC, Powertech Electrical Trading LLC, Regeny, Siemens LLC, V Charge Trading LLC.
Related Reports:
https://www.sperresearch.com/report-store/ksa-ev-charging-equipment-market.aspx
https://www.sperresearch.com/report-store/usa-used-car-market.aspx
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