Electric Vehicle (EV) Charging Station Market - Trends Forecast Till 2028

Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3), By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC fast Charging (Fast & Ultra-fast) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-AU-EVCSM-994

Format:  

Number of Pages: 349

Domain: Automotive

Electric Vehicle (EV) Charging Station Market – Trends Forecast Till 2028

The global Electric Vehicle Charging Station market size is projected to grow from 2,115 thousand units in 2020 at a CAGR of 48.6% during the forecast period 2021-2028.

An electric vehicle charging station, also known as an EV charging station, ECS (electronic charging station), and EVSE (electric vehicle supply equipment), is an element in an infrastructure, which supplies electric energy for the recharging/charging of plug-in electric vehicles, including electric cars, neighborhood electric vehicles, and plug-in hybrids.

Growing demand for energy-efficient commuting, governments supporting electric vehicles, and their charging infrastructure through preferential policies, subsidies, and tax rebates are some of the factors that have supported long-term expansion for Electric Vehicle (EV) Charging Station market.

The production and sales of new vehicles had come to a halt across the globe as the whole ecosystem had been disrupted in the initial outbreak of COVID 19.

Electric Vehicle Charging Station market Size Analysis

Asia Pacific is expected to be the largest market. Large scale growth of EV charging network in China, growing demand for affordable electric vehicles for daily use, and governments promoting electric vehicles are expected to drive the Asia Pacific market during the forecast period.

Electric Vehicle (EV) Charging Station market is segmented into charging level, charging point type, charging installation, charging infrastructure, charging application, DC fast charging, electric bus and region.

On the basis of Charging Level

  • Level 1
  • Level 2
  • Level 3

On the basis of Charging Point

  • Normal Charging
  • Super Charging
  • Inductive Charging

On the basis of Installation Type  

  • CCS
  • CHADEMO
  • Normal Charge
  • Tesla Super Charger
  • Type 2 (IEC 621196)

On the basis of Application Type

  • Private
  • Public

On the basis of DC Fast Charging

  • Ultra-fast
  • fast

On the basis of Bus Charging

  • Off-board Top-down Pantograph
  • On-board Bottom-up Pantograph
  • Charging Via connector

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Electric Vehicle Charging Station market Primary Respondent

 

Key Players

  • ABB
  • Siemens AG
  • State Grid Corporation of China
  • TGOOD Global Ltd.
  • Tesla Inc.

Recent Developments

  • In September 2020, Tesla acquired German ATW automation, which is a company specializing in battery modules.
  • In September 2020, Siemens received a supply contract to power E-Buses across New-Zealand.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Electric Vehicle (EV) Charging Station market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 48.6% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in thousands and CAGR from 2021 to 2028

Report Segmentation

charging level, charging point type, charging installation, charging infrastructure, charging application, DC fast charging, electric bus and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

ABB, Siemens AG, State Grid Corporation of China, TGOOD Global Ltd. and Tesla Inc.

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