Press release
Electric Mobility Chargers Market Anticipated To Witness Robust Growth, Surpassing 49.36 Billion By 2029
Electric Mobility Chargers
What Is the Current Electric Mobility Chargers Market Size and Its Estimated Growth Rate?
The market size for electric mobility chargers has seen a significant increase in recent years. It is expected to surge from $14.33 billion in 2024 to $18.33 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 27.9%. The noteworthy growth during the historic period can be associated with the surge in carbon footprint, growing popularity of electric vehicles, a striking increase in greenhouse gas (GHG) emissions from the transportation sector, supportive government policies and incentives, as well as an uptick in the adoption of automotive electrification.
In the coming years, the market size for electric mobility chargers is predicted to experience a significant surge. It's projected to reach $49.36 billion by 2029, experiencing compound annual growth rate (CAGR) of 28.1%. Various factors like the burgeoning need for charging infrastructures, the switch to energy-saving vehicles, the alarming rates of global warming, the growing demand for eco-friendly transportation means, and urbanization, contribute to the expected growth during the forecast period. The market trends during this period involve the growth of electric vehicle supply equipment (EVSE), the application of cutting-edge technologies, innovation in charging technologies and products, and the evolution of electric mobility networks.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20762
How Are Emerging Segments Shaping the Electric Mobility Chargers Market Landscape?
The electric mobility chargers market covered in this report is segmented -
1) By Product: Electric Bikes; Electric Scooters; Electric Motorized Scooters; Electric Motorcycles
2) By Drive: Belt Drive; Chain Drive; Hub Drive
3) By Battery: Lead Acid Battery; Li-Ion Battery; Other Battery
4) By End-User: Commercial; Residential; Industrial
Subsegments:
1) By Electric Bikes: Standard Electric Bikes (Pedal Assist); High-Power Electric Bikes; Folding Electric Bikes; Electric Mountain Bikes; Electric Road Bikes; Cargo Electric Bikes
2) By Electric Scooters: Stand-Up Electric Scooters; Foldable Electric Scooters; Long-Range Electric Scooters; Off-Road Electric Scooters; Electric Scooters For Sharing Systems
3) By Electric Motorized Scooters: Low-Speed Electric Motorized Scooters; High-Speed Electric Motorized Scooters; Compact Electric Motorized Scooters; Heavy-Duty Electric Motorized Scooters; Electric Motorized Scooters For Disabled Users
4) By Electric Motorcycles: Urban Electric Motorcycles; Sports Electric Motorcycles; Cruiser Electric Motorcycles; Touring Electric Motorcycles; High-Performance Electric Motorcycles
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20762&type=smp
Which Growth Factors Are Influencing Electric Mobility Chargers Market Expansion?
The electric mobility chargers market is predicted to grow rapidly due to the increased use of energy-efficient cars. This trend towards energy-efficient vehicles is driven by several key factors including reductions in greenhouse gasses, improved energy and grid efficiency, and eco-friendly policies. Electric mobility chargers play a crucial role in this shift as they provide the necessary power for these electric or hybrid cars to function. For instance, as documented by the International Energy Agency, a France-based autonomous intergovernmental organization, more than 2.3 million electric cars were bought in the initial quarter of 2023, marking a 25% rise from the corresponding period in 2022. By the culmination of 2023, the sales are predicted to touch 14 million, denoting a 35% annual increase, with the pace of growth expected to pick up during the latter half of the year. Thus, the surge in the adoption of energy-efficient cars is fueling the expansion of the electric mobility chargers market.
Who Are the Dominant Players Across Different Electric Mobility Chargers Market Segments?
Major companies operating in the electric mobility chargers market are Siemens AG, Schneider Electric SE, ABB Ltd., Fortum Corporation, Bharat Electronics Limited, Leviton Manufacturing Company Inc., Exide Industries, Luminous Power Technologies, Karma Automotive LLC, Wallbox, EVBox BV, Tritium Ltd., Exicom Tele-Systems Ltd., ChargePoint Holdings Inc., Blink Charging Ltd., Volta Inc., Servotech Power Systems Ltd., Electrify America LLC, Tirex Chargers Pvt Ltd., Meras Plugins Pvt Ltd., AARGO Inc., Fermata Energy LLC
What Are the Latest Developing Trends in the Acne Treatment Devices Market?
To stay competitive in the electric mobility chargers market, leading companies are exploring cutting-edge technologies like liquid-cooled charging systems. These systems leverage liquid to manage and effectively dissipate the heat generated while charging electric vehicles. A prime example of this innovation came in November 2023, when UK-based Lotus Cars Ltd unveiled a comprehensive range of EV charging solutions under the banner of Lotus' EV Charging Solutions. This suite included an ultra-fast 450 kW DC charger, a power cabinet, and a modular unit all with liquid-cooled technology. The modular power cabinet is ideal for locales that demand high energy, improving efficiency and reducing charging time, such as motorway service stations. It boasts a power output reaching 480 kW and comes with a charging terminal capable of charging up to four vehicles simultaneously.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/electric-mobility-chargers-global-market-report
Which Geographic Regions Are Expected to Dominate the Electric Mobility Chargers Market in the Coming Years?
Asia-Pacific was the largest region in the electric mobility chargers market in 2024. The regions covered in the electric mobility chargers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electric Mobility Chargers Market?
2. What is the CAGR expected in the Electric Mobility Chargers Market?
3. What Are the Key Innovations Transforming the Electric Mobility Chargers Industry?
4. Which Region Is Leading the Electric Mobility Chargers Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Mobility Chargers Market Anticipated To Witness Robust Growth, Surpassing 49.36 Billion By 2029 here
News-ID: 4068434 • Views: …
More Releases from The Business Research Company
Road Maintenance Market Expected to Achieve 5.7% CAGR by 2029: Growth Forecast I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Road Maintenance Market Size By 2025?
In recent times, there has been a significant increase in the size of the road maintenance market. It's projected to expand from $14.55 billion in 2024 to $15.34 billion in 2025, with a compound annual growth rate (CAGR) of…
Navigating the Future: Aggregate In Road Construction Market Trends and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Aggregate In Road Construction Market Size Growth Forecast: What to Expect by 2025?
The total market size for aggregate in road construction has seen a swift surge in the past few years. It is projected to rise from $828.16 billion in 2024 to reach $928.75 billion in 2025, with…
Technological Advancements In Low-Carbon Construction Materials Industry Trends …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Low Carbon Construction Materials Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust growth in the size of the low carbon construction materials market in recent years, expanding from $259.42 billion in 2024 to an expected $281.84 billion in 2025. This…
Impact Of Increasing Construction Activities On The Crane And Hoist Market: Stre …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Crane And Hoist Market Through 2025?
In recent times, there has been a consistent increase in the size of the crane and hoist market. Anticipated growth is from $32.33 billion in 2024 to $33.81 billion in 2025, representing a compound annual growth…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles 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 rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
