According to the recent study the electric vehicle charging infrastructure market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 30% to 32% from 2023 to 2028. Growth in this market is primarily driven by growth in the sale of electric vehicles globally and increasing awareness about environmental sustainability due to rising levels of carbon emissions and other harmful gases.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in electric vehicle charging infrastructure market by charger type (slow charger and fast charger), connector type (chademo, combined charging system (CCS), and others), application (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
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“Fast charger market is expected to remain the largest segment during the forecast period.”
Based on charger type, the electric vehicle charging infrastructure market is segmented into slow charger and fast charger. Lucintel forecasts that the fast charger market is expected to remain the largest segment due to possess the ability to rapidly charge electric vehicles in lesser time as compared to conventional AC chargers.
“Within the electric vehicle charging infrastructure market, the commercial segment is expected to remain the largest application”
Based on application the commercial segment is expected to witness the highest growth over the forecast period due to increasing allocation of funds provided by the governments as well as automobile manufacturers for expanding public EVCI infrastructure.
“Asia pacific will dominate the electric vehicle charging infrastructure market in near future”
APAC will remain the largest region due to significant growth in electric vehicle sales in the region and extensive deployment of EV chargers in countries such as China and Japan.
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Major players of electric vehicle charging infrastructure market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AeroVironment, ABB, BP Chargemaster, ChargePoint, ClipperCreek., Eaton, General Electric Company, Leviton Manufacturing, SemaConnect, and Schneider Electric are among the major electric vehicle charging infrastructure providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/electric-vehicle-charging-infrastructure-market.aspx or [email protected]