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Electric Vehicle Charging Infrastructure Market worth $204.63 billion by 2030, growing at a CAGR of 45.50% - Exclusive Report by 360iResearch
Electric Vehicle Charging Infrastructure Market | 360iResearch
The Global Electric Vehicle Charging Infrastructure Market to grow from USD 14.81 billion in 2023 to USD 204.63 billion by 2030, at a CAGR of 45.50%.
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The electric vehicle (EV) charging infrastructure constitutes the network of charging equipment and electrical supply necessary to replenish the batteries of electric vehicles effectively. The electric vehicle (EV) charging infrastructure is critical in fueling the rising adoption of EVs, a critical aspect of sustainable transportation efforts. As environmental concerns drive a shift away from fossil fuels, robust electric charging networks become essential to consumer confidence and the practicality of EVs. A combination of favorable government policies and environmental imperatives propels the electric vehicle (EV) charging infrastructure market forward. However, the market confronts challenges such as sizable initial investments, the need for standardized cross-compatibility among chargers, and unequal distribution. Besides the hindering factors, public investments and incentives accelerate the deployment of diverse charging solutions, from home units to expansive public and fast-charging stations, creating lucrative opportunities for the market.
The electric vehicle charging infrastructure market in the Americas is experiencing robust growth, driven by the increasing adoption of electric vehicles, particularly in the United States. The U.S. government's support through incentives for EV adoption and infrastructure development has been pivotal for the market expansion in the region. Europe leads the EMEA region with a well-established EV infrastructure owing to rigorous environmental policies and strong government support. Europe, being the major region, shows a high penetration of EV charging networks owing to the presence of significant EV companies. The Middle East, although in a nascent stage, is starting to invest significantly in EV infrastructure, aligning with their diversification from oil-based economies. The Asia-Pacific region is experiencing a rapid expansion in its EV charging infrastructure, primarily driven by countries including China and India, which investing heavily in technology innovation and infrastructure deployment. The market growth in this region is further supported by governments' initiatives in countries including Japan and South Korea, the growing presence of EV manufacturers, and rising demand for EVs among the bolstering population.
Market Segmentation & Coverage:
This research report categorizes the Electric Vehicle Charging Infrastructure Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Installation, market is studied across Commercial and Residential. The Commercial commanded largest market share of 57.19% in 2023, followed by Residential.
Based on Vehicle Type, market is studied across Battery Electric Vehicle (BEV) and Plug-In Hybrid Vehicle (PHEV). The Battery Electric Vehicle (BEV) commanded largest market share of 62.20% in 2023, followed by Plug-In Hybrid Vehicle (PHEV).
Based on Standard, market is studied across CCS, Chademo, GB/T, IEC 62196, Sae J1772, and Tesla Supercharger. The CCS commanded largest market share of 24.02% in 2023, followed by Chademo.
Based on Charging Station, market is studied across AC Charging Station, DC Charging Station, and Inductive Charging Station. The AC Charging Station commanded largest market share of 47.94% in 2023, followed by DC Charging Station.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.12% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Electric Vehicle Charging Infrastructure Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Electric Vehicle Charging Infrastructure Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Electric Vehicle Charging Infrastructure Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AeroVironment, Inc., Alfen N.V., Allego, Inc., Beam Global, Blink Charging Co., BYD Company Ltd., ChargePoint Inc., ENGIE SA, EVBox B.V., EVgo Services LLC, Fastned B.V., Leviton Manufacturing Company Inc., NaaS Technology Inc., NIO LIMITED, Schneider Electric SE, SemaConnect, Inc., Shell International B.V., Siemens AG, Stellantis NV, Tesla, Inc., TotalEnergies SE, Wallbox Chargers, S.L., Webasto SE, and XPENG European Holding B.V..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Electric Vehicle Charging Infrastructure Market, by Installation
7. Electric Vehicle Charging Infrastructure Market, by Vehicle Type
8. Electric Vehicle Charging Infrastructure Market, by Standard
9. Electric Vehicle Charging Infrastructure Market, by Charging Station
10. Americas Electric Vehicle Charging Infrastructure Market
11. Asia-Pacific Electric Vehicle Charging Infrastructure Market
12. Europe, Middle East & Africa Electric Vehicle Charging Infrastructure Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Electric Vehicle Charging Infrastructure Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Electric Vehicle Charging Infrastructure Market?
3. What is the competitive strategic window for opportunities in the Electric Vehicle Charging Infrastructure Market?
4. What are the technology trends and regulatory frameworks in the Electric Vehicle Charging Infrastructure Market?
5. What is the market share of the leading vendors in the Electric Vehicle Charging Infrastructure Market?
6. What modes and strategic moves are considered suitable for entering the Electric Vehicle Charging Infrastructure Market?
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About 360iResearch
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