Press release
Electric Vehicle Charging Infrastructure Market to Surge: Projected Growth from USD 21.45 Billion in 2023 to USD 132.82 Billion by 2030 at 29.75% CAGR
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe global electric vehicle charging infrastructure market is witnessing remarkable growth, driven by the rapid adoption of electric vehicles (EVs), government incentives, and advancements in charging technologies. Valued at USD 21.45 billion in 2023, the market is expected to grow at a CAGR of 29.75% during the forecast period, reaching USD 132.82 billion by 2030.
This press release delves into country-specific data, highlighting mergers and acquisitions, key developments, and market dynamics across Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/14654/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's EV market is rapidly expanding, driven by government policies aimed at reducing carbon emissions. Recent partnerships, such as ๐๐ข๐ง๐ ๐๐ฌ๐ญ'๐ฌ collaboration with international charging network providers, have bolstered infrastructure development. The country has witnessed a CAGR of XX% in EV charging infrastructure over the past five years.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is positioning itself as a regional EV hub, with significant investments in charging infrastructure. ๐๐๐ ๐๐ฎ๐๐ฅ๐ข๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ข๐ฆ๐ข๐ญ๐๐ has spearheaded initiatives to establish high-speed charging stations nationwide. The Thai government's "30@30" initiative aims to achieve 30% EV production by 2030, accelerating infrastructure demand.
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's EV charging infrastructure market is thriving, with a CAGR of XX%. Companies like ๐๐จ๐ฒ๐จ๐ญ๐ and ๐๐ข๐ฌ๐ฌ๐๐ง are actively investing in expanding their charging networks. Government subsidies and private sector investments have led to the installation of over charging stations by 2024.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/14654/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐
China remains the largest EV market globally, supported by aggressive government policies and incentives. Key players, including ๐๐๐ and ๐๐ญ๐๐ญ๐ ๐๐ซ๐ข๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ก๐ข๐ง๐
, are leading infrastructure developments. Recent mergers, such as ๐๐ข๐จ acquiring ๐๐ฉ๐๐ง๐ '๐ฌ charging network assets, signify market consolidation.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is leveraging technology to enhance its EV infrastructure. Companies like ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐จ๐ฎ๐ฉ have introduced ultra-fast charging networks under the "E-Pit" initiative. The government's plans to install charging stations by 2030 highlight strong growth prospects.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's EV infrastructure market is seeing consolidation, with companies like ๐๐ ๐๐ซ๐จ๐ฎ๐ฉ and ๐๐ก๐๐ฅ๐ฅ ๐๐๐๐ก๐๐ซ๐ ๐ dominating. The government's Green Plan 2030 targets the deployment of charging points, fostering opportunities for new entrants.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/14654/
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US market is witnessing unprecedented growth, driven by federal incentives under the Bipartisan Infrastructure Law. Companies like Tesla and ChargePoint are expanding their networks. Recent mergers, such as Electrify America's partnership with Ford, highlight industry consolidation.
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe is at the forefront of EV adoption, with countries like Germany, France, and the UK leading infrastructure development. Ionity, a consortium of major automakers, has expanded its ultra-fast charging network. The EU's "Fit for 55" initiative aims to install XX million charging stations by 2030.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/electric-vehicle-charging-infrastructure-market/14654/
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ก๐๐ซ๐ ๐๐ซ ๐๐ฒ๐ฉ๐
Slow Charger
Fast Charger
๐๐ฒ ๐๐จ๐ง๐ง๐๐๐ญ๐จ๐ซ ๐๐ฒ๐ฉ๐
CHAdeMO
Combined Charging System (CCS)
Others
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Commercial
Residential
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
1. AeroVironment, Inc. - (United States)
2. ChargePoint, Inc. - (United States)
3. SemaConnect, Inc. - (United States)
4. ClipperCreek, Inc. - (United States)
5. Tesla Motors, Inc. - (United States)
6. General Electric Company - (United States)
7. Leviton Manufacturing Co., Inc. - (United States)
8. EVgo - (United States)
9. Blink Network - (United States)
10. Greenlots - (United States)
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
1. ABB Group - (Switzerland)
2. Elektromotive Limited - (United Kingdom)
3. Schneider Electric SE - (France)
4. Chargemaster Plc - (United Kingdom)
5. Delphi Automotive LLP - (United Kingdom)
6. Eaton Corporation - (Ireland)
7. Siemens AG - (Germany)
8. Engie - (France)
9. Pod Point Ltd. - (United Kingdom)
10. NewMotion - (Netherlands)
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
1. BYD Company - (China)
2. Efacec Electric Mobility - (Portugal)
3. Delta Electronics, Inc. - (Taiwan)
4. TGOOD Global Ltd. - (China)
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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