Global Electric Vehicle (EV) Charging Service Market is expected to reach US$ 53.73 Bn by 2029, at a CAGR of 20.14% during the forecast period.
Electric Vehicle (EV) Charging Service Market Overview:
The purpose of this study is to provide a comprehensive Market segmentation by geographic areas and product kinds, as well as a summary of the Electric Vehicle (EV) Charging Service industry. Significant Market position data for the top Electric Vehicle (EV) Charging Service organisations is included in the report, along with important Market trends and business opportunities.
The study also provides details on the leading Market participants, including company biographies, product photos and specifications, manufacturing capacity, pricing, cost, and contact details. This report evaluates the entire Electric Vehicle (EV) Charging Service Market Size from a worldwide standpoint and extrapolates trends for the future from historical data.
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COVID-19 Impact Analysis on Electric Vehicle (EV) Charging Service Market:
Consumer behaviour has significantly changed as a result of the COVID-19 pandemic in many facets of society. On the other side, in order to account for shifting Market supply, enterprises will need to change their strategies. This research will assist you in developing your company in accordance with the new industry standards and provides an insight of how COVID-19 will affect the Electric Vehicle (EV) Charging Service Market. Via evaluations and industry professionals, the outcomes are validated. Both commercial and free databases are used in the secondary research and analysis of the results. Each player's supply and consumption data is derived from official government sources, third-party databases, and, in the case of listed companies, annual reports.
Market Scope:
In order to acquire data, validate key figures, and confirm the findings, afterMarket engineering carried out extensive primary research that included data triangulation, Market breakdown, estimations, computations of Market statistics, and calculations of Market size. Weights based on usage rate and average sale price are applied to each location in order to determine percentage splits, Market shares, and segment breakdowns. The worldwide Markets and their sub-segments are divided by country based on the stated Market size's acceptance or usage in the relevant region. The research highlights numerous themes that are Market- and industry-related. A few examples of Marketing strategies include new product launches, company expansions, collaborations, joint ventures, and acquisitions.Also, this study's structure has taken into account all of the essential elements of the Market research that specifically address the industry landscape.
Segmentation:
Because DC chargers are quicker than AC chargers, consumers favour them over AC charging stations. More than 50 times faster than a regular domestic outlet, the DC charging station. Using the DC charging station, almost all electric vehicles, such as E-Buses and E-Trucks, may be charged. Compared to DC charging stations, AC charging stations are 7–10 times more cheap. DC charging stations transform the grid's AC power source into a DC power supply and then continue to charge the electric vehicle. Level-1 and Level-2 chargers are further separated into the AC charger sector. Level-3 chargers and Level-4 chargers are further separated into the DC charger section.
This sector of the market for EV charging services is the most popular because many electric vehicles can charge in this range. Due to the increasing demand for the 11kW–50kW category, growth of 20.14% CAGR is anticipated during the projection period. Few EVs are able to charge at 50kW to 100kW, so this market is also anticipated to increase significantly during the projected period. Only a few Tesla models can charge at rates more than 100kW, and very few other vehicles can.
Electric Vehicle (EV) Charging Service Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Electric Vehicle (EV) Charging Service Market Size, by Market Value (US$ Bn.)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Key Players:
• ABB
• EVgo Services LLC.
• ChargePoint, Inc.
• Blink Charging Co.
• Allego
• Schneider Electric
• Toshiba Corporation
• Wi Tricity Corporation
• Mojo Mobility Inc.
• AeroVironment, Inc.
• Robert Bosch GmbH
• General Electric
• Evatran Group
• Chargemaster plc
• Siemens AG
• Tesla.
• Shell
• BYD
• BP Chargemaster
• ClipperCreek, Inc.
• General Electric Company
• Eaton Corp.
• Leviton Manufacturing Co., Inc.
• Webasto SE
The industry placed a strong emphasis on alliances, purchases, and collaborations as inorganic growth tactics. The Electric Vehicle (EV) Charging Service Market's potential for future rapid growth means that industry participants should benefit from it. The businesses listed below make up the global Electric Vehicle (EV) Charging Service Market.
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Regional Analysis:
After examining the political, economic, social, and technological aspects influencing the Electric Vehicle (EV) Charging Service Market in each of these regions, the report also includes extensive PESTLE assessments for each of the five regions—North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
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