Electric Vehicle Charging Station Market - Asia Pacific to Remain Dominant through Forecast Period

An electric vehicle charging station is a component or an infrastructure which supplies electric energy to the electric vehicles for recharging of batteries at home or at public spaces. It provides energy to plug-in electric vehicles which includes electric cars and plug-in hybrids. An electric charging station is also known as electric vehicle supply equipment (EVSE). Charging equipment can be differentiated on the basis of charging time and the usage.

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In the last few years, the demand for electric vehicle charging stations has accelerated in response to the increased sales of electric vehicles (EV). Besides the growing awareness about benefits these vehicles provide, the market is gaining from favorable government policies. For instance, governments have introduced various subsidies to promote the sales of electric vehicles. These may include road tax exemption. Also manufacturers are working on lowering their production cost to offer advanced models of electric vehicles under a reasonable price tag. While these strategies are aimed towards promoting EV sales, the electric vehicle charging station market will as well gain from them.

The global electric vehicle charging station market is therefore expected to showcase an exponential CAGR of 30.8% between 2017 and 2025. At this pace, the market’s valuation will reach US$37.48 bn by the end of 2025.

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On the basis of country, North American market is divided into The U.S., Canada and Mexico. Similarly, Europe market is divided into The U.K., Germany, France, and Rest of Europe. Asia Pacific has been segmented into China, Japan, Australasia, and Rest of Asia Pacific. Middle East and Africa covers the GCC, South Africa and Rest of Middle East and Africa. Similarly, South American region includes Brazil, and Rest of South America.

This report provides all the essential information required to understand the electric vehicle charging station and its components. Also, the report provides insights related to the policies and regulations according to the various geographical regions mentioned above. These policies and regulations are directly or indirectly influencing the electric vehicle charging station market. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the electric vehicle charging station market. This report also provides the value chain analysis for the electric vehicle charging station which explains the participants of the value chain.

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AeroVironment, Inc., Bosch Automotive Service Solutions Inc., ChargePoint, Inc., ClipperCreek, Inc., Delta Group, Eaton Plc, Enel Group, E-Station Pty Ltd., General Electric Co., Hitachi, Ltd., KYOCERA Corp., Leviton Manufacturing Co., Inc., Nichicon Corp., Panasonic Corp., Schneider Electric SE, SemaConnect, Inc., Siemens AG, Signet Systems Inc., Tesla Motors, Inc., Toyota Industries Corp. are some of the major players operating within the global electric vehicle charging station market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

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