openPR Logo
Press release

Electric Vehicle Charging Stations Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

12-05-2023 12:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global electric vehicle charging stations market is anticipated to grow at a CAGR of 30.26% during the forecast period (2023-2030). One of the main reasons driving the market growth is the rising number of improvements in battery technology and reduction in manufacturing costs, and growing adoption of advanced technologies. Battery technology has advanced significantly in recent years, leading to increased performance and improved efficiency. This has resulted in a decrease in the cost of the manufacturing cost of electric vehicle ( EV) chargers, making them more affordable and accessible. This, in turn, has increased the demand for EV chargers, driving the growth of the market. With the advancement of electrification and the emergence of new technologies such as V2G ( vehicle-to-grid) and battery swap, electric-powered vehicles are becoming increasingly more convenient to own and use. These technologies allow an EV to be charged anywhere, and even while moving in some cases, offering a convenience that rivals gasoline-powered cars.

Despite some roadblocks to their practical and global adoption, the fact that companies are actively developing these charging technologies and that some are already being commercially available in highly EV-dominated markets, shows great promise for a future in which traditional charging methods are replaced by these new, innovative technologies. EV charging stations are going to introduce new technology in the upcoming year such as microelectronics for fast charging are some of the range ranges with possible start-ups or businesses in the market of DC (Direct Current) fast charging stations. These technologies with the capability to support up to 120 KW charging are basic to the fast charging of electric vehicles. For instance, in January 2023, Tesla installed more than 1,200 new EV charging stations (with almost whe11,000 individual connectors, which means that the network is roughly one-third larger than a year ago.)

To Request a Sample of our Report on Electric Vehicle Charging Stations Market: https://www.omrglobal.com/request-sample/electric-vehicle-charging-stations-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Charging Point Type

· By Charging Services

· By Application Type

· By Installation Type

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- Charging point Inc., ABB Ltd., BP P.I.C, Shell International BV, Webasto group, Tesla Inc., RWE AG, Siemens AG, and Others.

Electric Vehicle Charging Stations Market Report Segment

By charging point

· AC (Normal Charging)

· DC (Super Charging)

By charging services

· EV Charging

· Battery Swapping

By application type

· Private

· Public

By Installation Type

· Fixed

· Portable

A full Report of Electric Vehicle Charging Stations Market is Available @ https://www.omrglobal.com/industry-reports/electric-vehicle-charging-stations-market

Electric Vehicle Charging Stations Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Blink Charging

· Daimler Mercedes-Benz

· Eaton Corporation

· EB Charging

· Efacec Electric Mobility

· EVBox

· EVgo

· G2Mobility

· Pacific Gas and Electric

· Phihong Technology Co. Ltd.

· Renault ZOE

· RWE AG

· Schneider Electric

· Shell International BV

· Siemens AG

· Tesla Inc.

· Webasto Group

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/electric-vehicle-charging-stations-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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 Electric Vehicle Charging Stations Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029) here

News-ID: 3315851 • Views:

More Releases from Orion Market Research

Returnable Packaging Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Rehrig Pacific Co. RPP Containers Schutz GmbH & Co. KGaA
Returnable Packaging Market Size 2023: Global Share, Industry And Report Analysi …
Returnable packaging market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024-2031). This type of packaging can include pallets, racks, bulk containers, hand-held containers, and dunnage. The market growth is driven by the growing demand and popularity of the returnable packaging, such as automotive, food and beverages, consumer durables and more. Also, the growth of e-commerceis supporting the market growth. Additionally disposable income and
Phosphatidylcholine Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Stern-Wywiol Gruppe Vitamin Research Products Wilmar International Ltd.
Phosphatidylcholine Market Size 2023: Global Share, Industry And Report Analysis …
Phosphatidylcholine market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024-2031). Phosphatidylcholine is a chemical contained in eggs, soybeans, mustard, sunflower, and other foods. It is found naturally in the body in all cells. Phosphatidylcholine is also a source of choline in the body. It is utilized in many different applications due to its offered benefits. Get Free Sample link @ https://www.omrglobal.com/request-sample/Phosphatidylcholine
Explosive Detection Technology Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Matheson Tri-Gas, Inc. MS Technologies Inc. OSI Systems Inc.
Explosive Detection Technology Market Size 2023: Global Share, Industry And Repo …
Explosive detection technology market is anticipated to grow at a CAGR of 6.3% during the forecast period (2024-2031). The explosive detection technology market is driven by increasing security concerns, stringent regulations, technological advancements, increasing air passenger traffic, military modernization programs, investments in R&D, emerging new threats, integration of AI and ML, growing demand for non-intrusive screening solutions, and public safety concerns. These factors drive the adoption of explosive detection technologies
Kidney Function Tests Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Quest Diagnostics Randox Laboratories Ltd. Siemens Healthineers AG
Kidney Function Tests Market Size 2023: Global Share, Industry And Report Analys …
Kidney function tests market is anticipated to grow at a CAGR of 6.8% during the forecast period (2024-2031). Kidney function tests market is driven by the increasing prevalence of kidney diseases, such as chronic kidney disease, diabetic nephropathy, and glomerulonephritis, in addition to the diagnostic significance of these tests. Key players include diagnostic companies, laboratory equipment manufacturers, and healthcare institutions. Technological advancements, such as automation and molecular diagnostics, have improved

All 5 Releases


More Releases for Charging

How Are Wireless Charging Systems Impacting Electric Bus Charging Stations?
The U.S. government is incorporating a large number of electric buses in its transportation system, on account of increasing environmental concerns. For example, transit operators in Los Angeles and Seattle are committed toward replacing their conventional diesel buses with electric buses. These buses are used for public transport, transit services, and military application. Most of the decisions regarding the purchase of electric buses are taken by the federal or state
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are also
EV Charging Infrastructure Market: Robotic and Smart Charging Technology
According to the new research report published by The Insight Partners, titled “EV Charging Infrastructure - Global Analysis and Forecast to 2027”, The Global EV Charging Infrastructure Market is expected to reach US$ 95.98 Billion in 2027, registering a CAGR of 36.8% during the forecast period 2019-2027. Some of the key players operating in the EV Charging infrastructure market are ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc.,
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC …
Global Electric Vehicle Charging Equipment market research report provides company profile for Fortum, Fuji Electric, Leviton, Shell, Qualcomm, Bosch, Schneider Electric, Siemens, ABB, AeroVironment, Chargemaster, ClipperCreek, DBT-CEV, Engie and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
Charging Controllers for Charging Stations Market, Charging Controllers for Char …
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Charging Controllers for Charging Stations Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts. This report presents the worldwide Charging Controllers for Charging Stations market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth