EV Charging Stations Market Scenario
Growing adoption of electric vehicles coupled with government regulations to limit environment pollution are some of the major factors propelling the EV Charging Stations market globally. Furthermore, government incentives, subsidies, and funding is also one of the factor propelling the growth of EV Charging Stations market. However, high cost of DC charging cables is one of the major factor expected to hamper the global growth of the market.
EV Charging Stations Market Segmentation
The report analyses the Global Electric Vehicle Charging Stations Market based on Charging Level, Charging Station Type, Application, Charging Infrastructure Type, Installation Type and Geography. The Charging Level studied in the report are Level 1 (120 V), Level 2 (240 V) and Level 3 (300-600v). Furthermore, the Charging Station Type comprises of Normal Charging, Super Charging and Inductive Charging. Moreover, the Application include Private Charging and Public Charging. In addition, the various Charging Infrastructure Type incorporated in the report are CCS, Chademo, Normal Charge, Tesla Supercharger and Type-2 (IEC 62196). Likewise, the Installation Type includes Portable Charger and Fixed Charger. Additionally, the global Electric Vehicle Charging Stations market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World.
EV Charging Stations Market by Geography
Based on geography, the EV Charging Stations market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the Asia Pacific is anticipated to dominate the global EV Charging Stations market. The increasing concerns of carbon emission due to existing vehicles and the efficiency in this mode of transport have led the authorities to develop a charging infrastructure network that has propelled the growth of this market.
EV Charging Stations Market Key Players
Some of the major players operating in the global EV Charging Stations market includes ABB (Switzerland), Blink Charging (United States), Bosch (Germany), BYD Auto (China), FreeWire Technologies (United States), Efacec Power Solutions (Portugal), Engie (France), Leviton (United States), EV Safe Charge (United States), Opconnect (United States), Schneider Electric (France), Semaconnect (United States), Siemens (Germany), Tesla Inc. (United States), Webasto (Germany), EVGO (United States) and CHARGEPOINT (United States). These players focus on inorganic strategies such as acquisitions, partnerships, agreements, and collaborations as well as organic strategies such as expansions and product launches & approvals to sustain their positions in the market.
EV Charging Stations Market Report Key Benefits