openPR Logo
Press release

Europe's Transition to Electric: A Review of EV Charging Stations

07-28-2023 10:35 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Europe's Transition to Electric: A Review of EV Charging

According to the report by Allied Market Research, the Europe electric vehicle chargers market garnered $587.8 million in 2017, and is estimated to reach at $2.75 billion by 2023, registering a CAGR of 29.4% from 2017 to 2023. The research provides a detailed analysis of top investment pockets, drivers & opportunities, major segments, and key market players.

Government regulations for controlling environment pollution, huge market penetration of electric vehicles, and rise in initiatives by governments for developing of electric vehicle charging infrastructure drive the market growth. However, limited number of EV charging stations and lack of standardization of EV charging hinder the market growth. On the other hand, increase in demand for luxury vehicles and installation of wireless charging for electric vehicles create new opportunities in the industry.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/4525

Based on vehicle type, the plug-in hybrid electric vehicle segment accounted for nearly two-thirds of the total market share in 2017, and is expected to maintain its dominant position during the forecast period. However, the battery electric vehicle segment would register the fastest growth rate with a CAGR of 31.8% from 2017 to 2023.

Based on charging type, the on-board chargers segment contributed to more than four-fifths of the total market in 2017 and is expected to maintain its lead position by 2023. On the other hand, the on-board chargers segment would grow at the highest CAGR of 30.6% during the forecast period.

Based on end user, the residential sector garnered more than three-fourths of the total market in 2017 and is expected to continue its dominance by 2023. However, the commercial sector is expected to register the fastest growth rate with a CAGR of 30.8% from 2017 to 2023.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ-https://www.alliedmarketresearch.com/request-sample/4525

Based on country, Netherlands accounted for the highest revenue in 2017, with nearly one-fourth of the total market share, and is estimated to maintain its highest share by 2023. On the other hand, Czech would register the fastest CAGR of 45.7% from 2017 to 2023.

The key market players operating in the industry include ABB Ltd., Innogy SE, Chroma Ate Inc. (Chroma), Mennekes Elektrotechnik GmbH & Co. KG, KEBA AG, Chargemaster PLC, POD Point Ltd., Schaffner Holding AG, Robert Bosch GmbH, Silicon Laboratories, Inc., and Siemens AG.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: http://www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe's Transition to Electric: A Review of EV Charging Stations here

News-ID: 3148650 • Views: โ€ฆ

More Releases from Allied Market Research

Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion โ€ฆ
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determineโ€ฆ
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrativeโ€ฆ
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi โ€ฆ
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry andโ€ฆ
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billion by 2031
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi โ€ฆ
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market. The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing atโ€ฆ

All 5 Releases


More Releases for CAGR

[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast โ€ฆ
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064 According to the report published by Allied Market Research,โ€ฆ
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 โ€ฆ
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032. This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworksโ€ฆ
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomicโ€ฆ
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion. These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membraneโ€ฆ
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantialโ€ฆ
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States. Despite challenges such as training for newโ€ฆ