North America EV Charging Infrastructure Market report shows global outlook and overview 2022-2030

The North America EV charging infrastructure market is expected to grow from US$ 1,472.90 million in 2021 to US$ 3,275.41 million by 2028. It is estimated to grow at a CAGR of 12.1% from 2021 to 2028.

The scaling of EV adoption across the region has resulted in the rising importance of convenient and affordable public chargers, which requires strong government support. Several governments have provided support for EV charging infrastructure by implementing measures such as direct investment to install publicly accessible chargers and incentives for EV owners to install charging points at home.

Grab PDF To Know More @ https://www.businessmarketinsights.com/sample/TIPRE00028699?utm_source=OpenPR&utm_medium=10868

Various metro cities and prominent urban center planners have taken stringent measures to support the widespread adoption of EVs, including strategic deployment of charging infrastructure and implementation of preferential/prohibited circulation or access schemes like low and zero-emission zones or differentiated circulation fees. For instance, in the US, state-level policies, like Low Carbon Fuel Standard, are fueling the EV adoption in the country, where most of the states, having specific policies to offer purchase incentives to EV buyers, are providing financial and technical assistance for installing charging infrastructure. The resilient policy support from governments of major economies across the region is accelerating the growth of the EV charging infrastructure market.

MARKET INTRODUCTION

North America is rapidly taking up electric vehicles. According to the International Council on Clean Transportation, the US is the third-largest electric vehicle market, with around 320,000 new EV sales in 2019. As per the International Energy Agency (IEA), about 1.8 million electric vehicles (EVs) were registered in the US in 2020, more than three times the number registered in 2016. The total number of electric vehicles registered in the country increased from less than 300,000 in 2016 to more than 1.1 million in 2020. As a result, numerous states in the region are concentrating on EV infrastructure development. California, for instance, has begun to build charging station networks to aid in the broad adoption of electric vehicles. This network has almost 42,000 publicly accessible charging stations in the US. The growing number of EV charging stations in public places, such as shopping malls, restaurants, commercial buildings, parking lots, and railway stations, and increasing government initiatives to install publicly accessible charging stations, are propelling the growth of the EV Charging Infrastructure Market in North America.

Furthermore, automakers have committed to making significant investments in the transition to electric mobility and the growth of the EV market in North America by 2020. Tesla, for example, has committed US$ 1 billion to the construction of a Gigafactory in Austin, Texas, to start producing Cybertruck EVs by the end of 2021. Volkswagen spent US$ 800 million upgrading its Chattanooga, Tennessee factory to make electric vehicles. Work on the upgrade began in August 2020. These factors are driving up demand for electric vehicles and creating opportunities for the North America EV Charging Infrastructure Market to flourish during the forecast period.
List of Companies Profiled in the North America EV Charging Infrastructure Market Report are:
• ABB Ltd
• Blink Charging Co
• BOSCH Auto Parts
• Delta Electronics
• Driivz Ltd.
• Eaton

Not Matching with Business Objective? Enquire for Customize Report @ https://www.businessmarketinsights.com/buy/single/TIPRE00028699?utm_source=OpenPR&utm_medium=10868

Key Segmentation:

The North America EV charging infrastructure market is segmented based on operator type, platform, hardware, charger type, IEC mode, and country.
• Based on operator type, the North America EV charging infrastructure market is bifurcated into charge point operator and e-mobility service providers. Charge point operator segment held a larger market share in 2021.
• Based on platform, the North America EV charging infrastructure market is bifurcated into hardware and services. Hardware segment held a larger market share in 2021.
• Based on hardware, the North America EV charging infrastructure market is bifurcated into AC charger and DC charger. AC charger segment held a larger market share in 2021. The AC charger segment is further divided into level 1 charger (120 v) and level 2 charger (240 v).
• Based on charger type, the North America EV charging infrastructure market is bifurcated into public chargers and private chargers. Private chargers segment held a larger market share in 2021.
• Based on IEC mode, the North America EV charging infrastructure market is segmented into 2, 3, and 4. The 2 segment held a largest market share in 2021.
Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Ankit Mathur
Email: sales@businessmarketinsights.com
Phone: +16467917070

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.