Press release
Electric Vehicle Charger Market 2016 to grow at a CAGR of 29.38% during the period to 2020
An electric vehicle charging station (EVCS) supplies the electricity required to recharge batteries in electric vehicles. EVCS are also called electric vehicle charging stations/systems, electric vehicle supply equipment (EVSE), and electric charging points.
Global electric vehicle charger market to grow at a CAGR of 29.38% during the period 2016-2020.
Various modes of charging are available, including home chargers, commercial/public charging stations, and workplace charging stations.
An electric vehicle charger is of three types:
• AC (alternating current) charger
• DC (direct current) charger
• Wireless chargers
Covered in this report
The report covers the present scenario and the growth prospects of the global electric vehicle charger market for 2016-2020. To calculate the market size, the report considers the global total stock of electric vehicle chargers in 2015 and estimated the stock until 2020.
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The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
Global Electric Vehicle Charger Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB Ltd.
• Leviton Manufacturing Co. Inc.
• Plugin Now (Bosch Group)
• Evatran Group (Plugless)
• Siemens AG
Other prominent vendors
• AddÉnergie
• AeroVironment
• Delphi Automotive
• POD Point
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Market driver
• Government initiatives for development of electric vehicle charging infrastructure
• For a full, detailed list, view our report
Market challenge
• Lack of infrastructure in potential markets
• For a full, detailed list, view our report
Market trend
• Focus on reducing charging time
• For a full, detailed list, view our report
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