Acumen Research and Consulting estimates that global electric vehicle charging station market is expected to reach the market value of around US$ 115 Bn by 2027 and is anticipated to grow at a CAGR of around 30% in terms of revenue during the forecast period 2020 – 2027.
Chargers for electric vehicles are used for charging and the power supply that serves to charge the battery for electric vehicles. Charging for such vehicles may take place at various charging levels. The cost of electric vehicles is smaller than standard petrol / diesel cars, as well as their maintenance costs. The carbon emissions emitted to the environment containing greenhouse gas are high in electric cars.
The report provides analysis of global Electric Vehicle Charging Station market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Industry Insights
Increasing use of electric vehicles requires an adequate charging infrastructure. In fact, substantial improvement is anticipated to satisfy market demand, both at home and outside amid the projected timeframe. The steady development in publicly available charging station numbers has provided ample charging demands across high voltage and high currents in industrialized regions such as North America and Europe. Technology pioneers also concentrate on developing stations with increased loading capacities and reduced loading time for electric vehicles. Tesla Supercharge Station, a charging station for the electric car that uses DC current and supplies up to 120 kW per car, is a good example. Within a 20 minute time, the Tesla supercharger can charge up to 50% of a car battery. When mapped from the product life cycle, the electric vehicle charging stations market is still in a growth phase and will, as a result of significant technological research and development, continue to be lucratif and opportunistic. Fast vehicle charging stations are expected to be the focus for the remaining players during the forecast period following the sprints of leading actors on the market. In addition, manufacturers of electric vehicles also develop strategies to attract large electric vehicles to their customers through free charging access. These strategies, combined with a robust macroeconomic environment, are anticipated to boost growth in the electric vehicle market during the forecast period.
Regional Stance
In 2019, Asia Pacific led the global electric charging station market due to effective initiatives from countries governments, including, Japan, China, India and Singapore. Countries in the region focus mainly on investing money and time to develop the charging infrastructure and enhancing cooperation with aftermarket vehicle OEMs and technology providers to boost market growth.
North America is known to adopt new technologies quickly because of the rapid growth of GDP and high employment. In recent years, demand for electric vehicles has risen significantly in this area. Electrical vehicles have doubled in North America since 2014, implying a rapid increase in demand for electric cars. This demands for electric cars will lead to electric recharge stations in the US, Canada and Mexico being installed.
Report coverage
The market research study on “Electric Vehicle Charging Station Market (Electric Vehicle Charging Station Market By Charging Level: Level 3, Level 2, Level 1; Electric Vehicle Charging Station Market By Charging Infrastructure: Fixed, Portable; Electric Vehicle Charging Station Market By Connector: CCS, CHAdeMO, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Electric Vehicle Charging Station market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Electric Vehicle Charging Station market size, and segment markets by charging level, infrastructure, connector, and geography along with the information on companies operating in the market. The Electric Vehicle Charging Station market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Electric Vehicle Charging Station market is segmented as below:
Market Segmentation
Electric Vehicle Charging Station Market By Charging Level
Level 3
Level 2
Level 1
Electric Vehicle Charging Station Market By Charging Infrastructure
Fixed
Portable
Electric Vehicle Charging Station Market By Connector
CCS
CHAdeMO
Others
Electric Vehicle Charging Station Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Schneider Electric, Siemens, Tesla, Eaton, ABB, ChargePoint, Inc., EVgo Services LLC, The New Motion B.V., Leviton Manufacturing Co., Inc., Webasto Group., Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Electric Vehicle Charging Station
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Electric Vehicle Charging Station Market By Charging Level
1.2.2.1. Global Electric Vehicle Charging Station Market Revenue and Growth Rate Comparison By Charging Level(2020-2027)
1.2.2.2. Global Electric Vehicle Charging Station Market Revenue Share By Charging Level in 2019
1.2.2.3. Level 3
1.2.2.4. Level 2
1.2.2.5. Level 1
1.2.3. Electric Vehicle Charging Station Market By Charging Infrastructure
1.2.3.1. Global Electric Vehicle Charging Station Market Revenue and Growth Rate Comparison By Charging Infrastructure (2020-2027)
1.2.3.2. Global Electric Vehicle Charging Station Market Revenue Share By Charging Infrastructure in 2019
1.2.3.2.1. Fixed
1.2.3.2.2. Portable
1.2.4. Electric Vehicle Charging Station Market By Connector
1.2.4.1. Global Electric Vehicle Charging Station Market Revenue and Growth Rate Comparison By Connector(2020-2027)
1.2.4.2. Global Electric Vehicle Charging Station Market Revenue Share By Connector in 2019
1.2.4.2.1. CCS
1.2.4.2.2. CHAdeMO
1.2.4.2.3. Others
1.2.5. Electric Vehicle Charging Station Market By Geography
1.2.5.1. Global Electric Vehicle Charging Station Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Electric Vehicle Charging Station Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Electric Vehicle Charging Station Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Electric Vehicle Charging Station Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Electric Vehicle Charging Station Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Electric Vehicle Charging Station Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Electric Vehicle Charging Station ANALYSIS
3.1. Capacity and Commercial Production Date of Global Electric Vehicle Charging Station Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Electric Vehicle Charging Station Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Electric Vehicle Charging Station Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Electric Vehicle Charging Station Major Manufacturers in 2019
CHAPTER 4. Electric Vehicle Charging Station MARKET By Charging Level
4.1. Global Electric Vehicle Charging Station Revenue By Charging Level
4.2. Level 3
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Level 2
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Level 1
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Electric Vehicle Charging Station MARKET By Charging Infrastructure
5.1. Global Electric Vehicle Charging Station Revenue By Charging Infrastructure
5.2. Fixed
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Portable
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Electric Vehicle Charging Station MARKET By Connector
6.1. Global Electric Vehicle Charging Station Revenue By Connector
6.2. CCS
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. CHAdeMO
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Others
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Electric Vehicle Charging Station MARKET BY COUNTRY
7.1. North America Electric Vehicle Charging Station Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Electric Vehicle Charging Station Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Electric Vehicle Charging Station Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Electric Vehicle Charging Station Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Electric Vehicle Charging Station Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Electric Vehicle Charging Station MARKET BY COUNTRY
9.1. Asia-Pacific Electric Vehicle Charging Station Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Electric Vehicle Charging Station Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Electric Vehicle Charging Station MARKET BY COUNTRY
10.1. Latin America Electric Vehicle Charging Station Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Electric Vehicle Charging Station Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Electric Vehicle Charging Station MARKET BY COUNTRY
11.1. Middle East & Africa Electric Vehicle Charging Station Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Electric Vehicle Charging Station Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Charging Level, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Charging Infrastructure, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Connector, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Schneider Electric
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Siemens
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Tesla
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Eaton
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. ABB
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. ChargePoint, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. EVgo Services LLC
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. The New Motion B.V.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Leviton Manufacturing Co., Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.101. Company Snapshot
12.102. Overview
12.103. Financial Overview
12.104. Product Portfolio
12.105. Key Developments
12.106. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
