Electric Vehicle Charging Market of 49.5% Emerging Technologies and Opportunities by 2027


Posted March 15, 2021 by johnmartin201709

The electric charging stations can be installed in parking garages, near to supermarket, offices, homes, and other related applications.

 
The electric charging stations can be installed in parking garages, near to supermarket, offices, homes, and other related applications. The cost of the charging stations varies on the basis of the type of the technology used for the particular type of battery, which can also charge up the vehicle fast. Some of the factors which are driving the market are increasing demand for electric vehicles, incentive &subsidies by government for electric vehicles, increasing environmental concerns. However, the high upfront cost and lack of common charging technology are the factors restraining the growth of the market.

Growing need for alternative to traditional fuel and increasing demand derive the need for electric vehicle charging technologies which are since its inventions providing very fine outcomes at very cost effective rates. Many commercial places are adopting electric vehicle charging station in order to save upon cost of traditional fuel.

Asia-Pacific electric vehicle charging stations market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 49.5% in the forecast period of 2020 to 2027 and expected to reach USD 51,006.25 million by 2027. Increasing adoption at commercial level is aiding growth of this market.

The competitive analysis of the major market players studied in the Electric Charging Stations Market report, assists businesses take better moves for improving their product and sales. The report contains the details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. This Electric Charging Stations Market market report delivers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2027. All statistical and numerical information given in the Electric Charging Stations Market report is symbolized with the help of graphs and charts which facilitates the understanding of facts and figures.

Market Drivers and Restraints:

On the basis of charging stations, the Asia-Pacific electric vehicle charging stations market is segmented into AC charging/normal charging station, DC charging/super charging station and inductive charging station. In 2020, AC charging/normal charging station holds the major market share in charging station segment as it is suitable charging for EV batteries; however DC charging/ super charging station is growing at highest rate in the segment as commercial stations are mostly installing DC charging stations for faster charge.

On the basis of vehicle type, the Asia-Pacific electric vehicle charging stations market is segmented into battery electric vehicle (BEV) and plug-in hybrid electric vehicles (PHEV). In 2020, the vehicle type segment is dominated by battery electric vehicle (BEV) and expected to grow at higher rate owing to its low cost and lower maintenance features.

On the basis of installation type, the Asia-Pacific electric vehicle charging stations market is segmented into individual houses, commercial, apartments and others. Commercial is further segmented into public stations and others. In 2020, the individual houses accounts for the largest share in installation type segment as most of EV owners prefer to charge their vehicle at residence.

The major players covered in the Electric Charging Stations Market

Some of the major players operating in the Asia-Pacific electric vehicle charging stations market are Tesla, Inc., Daimler AG, Siemens, Total, ChargePoint, Inc., ABB, Webasto Thermo & Comfort, Shell International B.V., Schneider Electric, Groupe Renault, Phihong USA Corp., Eaton and Tata Power among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Major TOC Of The Report

Chapter One: Electric Charging Stations Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Electric Charging Stations MarketCompetition, by Players

Chapter Four: Global Electric Charging Stations Market Size by Regions

Chapter Five: North America Electric Charging Stations Market Revenue by Countries

Chapter Six: Europe Electric Charging Stations Market Revenue by Countries

Chapter Seven: Asia-Pacific Electric Charging Stations Market Revenue by Countries

Chapter Eight: South America Electric Charging Stations Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Electric Charging Stations Market    

Analysis of market effect factors and their impact on the forecast and outlook of the global Electric Charging Stations Market    

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Electric Charging Stations Market    

A roadmap of growth opportunities available in the global Electric Charging Stations Market    with the identification of key factors

The exhaustive analysis of various trends of the global Electric Charging Stations Market    to help identify market developments

Key Questions Answered in Report:

What is the key to the Electric Charging Stations Market?

What will the Electric Charging Stations Market Demand and what will be Growth?

What are the latest opportunities for Electric Charging Stations Market in the future?

What are the strengths of the key players?

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Issued By Data Bridge Market Research
Country China
Categories Technology
Last Updated March 15, 2021