Industry Overview:

The latest report by IMARC Group, titled “Electric Vehicle Charging Station Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Electric Vehicle Charging Station Market Forecast. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global electric vehicle charging station market size reached US$ 9.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.3 Billion by 2028, exhibiting a growth rate (CAGR) of 36.1% during 2023-2028. Electric Vehicle Charging Stations are a piece of equipment that is extensively employed in the automotive industry for transmitting electrical power to charge plug-in electric automobiles. They offer various advanced features, such as smart metering, cellular, and network connectivity. The charging unit includes three varying levels like level 1, 2, and 3, from which level 1 is used for charging standard household outlets. Level 2 is compatible with all-electric vehicles, whereas level 3 is deployed for instant charging.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Electric Vehicle Charging Station Market Trends:

The global electric vehicle charging station market is majorly being driven by the numerous initiatives undertaken by the governments of several countries for achieving higher energy efficiency by reducing greenhouse gas (GHG) and pollutants emissions. Apart from this, the rising inclination of consumers toward electric vehicles (EVs) over conventional automobiles is another growth-inducing factor. In line with this, the escalating environmental consciousness amongst consumers and the integration of all-EV charging station systems with real-time information systems and the Internet of Things (IoT) are creating a positive outlook for the market.

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited and Tesla Inc.

Breakup by Charging Station Type:

• AC Charging
• DC Charging
• Inductive Charging
   

Breakup by Vehicle Type:

• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)
   

Breakup by Installation Type:

• Portable Charger
• Fixed Charger
   

Breakup by Charging Level:

• Level 1
• Level 2
• Level 3
   

Breakup by Connector Type:

• Combines Charging Station (CCS)
• CHAdeMO
• Normal Charging
• Tesla Supercharger
• Type-2 (IEC 621196)
• Others
   

Breakup by Application:

• Residential
• Commercial

Breakup By Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.