Electric Vehicle Charging Infrastructure Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Electric Vehicle Charging Infrastructure Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Electric Vehicle Charging Infrastructure market by thorough analysis.
Electric Vehicle Charging Infrastructure Market Growth and Revenue Projection:
The Electric Vehicle Charging Infrastructure Market size was valued at USD 21.45 Billion in 2023 and the total Electric Vehicle Charging Infrastructure Market revenue is expected to grow at a CAGR of 29.75% from 2024 to 2030, reaching nearly USD 132.82 Billion.
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Electric Vehicle Charging Infrastructure Market Scope and Methodology:
The report aims to assess and predict the size of the Electric Vehicle Charging Infrastructure market. It offers strategic profiles of significant market participants to provide an accurate interpretation of the competitive landscape within the global Electric Vehicle Charging Infrastructure. Recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Electric Vehicle Charging Infrastructure industry have undergone a comprehensive analysis. The report aims to present insights into industry trends, dynamics, and potentials, to assist professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Electric Vehicle Charging Infrastructure market share over the forecast period.
An in-depth understanding of the Electric Vehicle Charging Infrastructure industry was achieved through a combination of primary and secondary research methods. To ensure the accuracy of our findings, we utilized various methodologies such as PESTLE, PORTER, and SWOT analysis. The SWOT analysis was used to identify the strengths, weaknesses, opportunities, and challenges of the key players within the Electric Vehicle Charging Infrastructure industry. Additionally, we used PORTER and PESTLE analysis to gain a better understanding of the microeconomic and macroeconomic factors that influence the Electric Vehicle Charging Infrastructure industry.
Electric Vehicle Charging Infrastructure Market Regional Insights
Regional insights play a crucial role in understanding the nuanced dynamics of the Electric Vehicle Charging Infrastructure market. The Electric Vehicle Charging Infrastructure market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively examines factors, market size, growth rate, and import and export activities within each region. The Regional Analysis section presents the current status of the Electric Vehicle Charging Infrastructure market in the countries covered in the report.
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Electric Vehicle Charging Infrastructure Market Segmentation
by Charger Type
Slow Charger
Fast Charger
The market is divided into two segments based on the type of charger: slow chargers and fast chargers. With over 92% of worldwide sales in 2023, the fast charging type segment led the market. The surge was attributed to the high demand for rapid charges in commercial stations. An electric car can be fully charged in four to six hours using Level 1 DC fast chargers or Level 2 AC charging stations, which are deployed in the majority of businesses. In an effort to raise awareness about their electric vehicles, automakers are now concentrating on installing EV charging stations for their employees.
by Connector Type
CHAdeMO
Combined Charging System (CCS)
Others
The market is divided into CHAdeMO, Combined Charging System (CCS), and other segments according on the type of connector used. The market share of CHAdeMO connectors accounted for more than 30% in 2023. This is due to its simplicity of use and compatibility with a large variety of EVs, including BMW, GM, and VW, among others. Because it only needs one charging port—CHAdeMO connectors require two because they cannot permit AC charging—it also gives EV designers greater creative freedom. In addition, the current CHAdeMO connectors are Japan Electric Vehicle Standard (JEVS) compliant and capable of producing 62.5 kW of DC.
by Application
Commercial
Residential
Electric Vehicle Charging Infrastructure Market Key Players
North America Electric Vehicle Charging Infrastructure Market:
1. AeroVironment, Inc. - (United States)
2. ChargePoint, Inc. - (United States)
3. SemaConnect, Inc. - (United States)
4. ClipperCreek, Inc. - (United States)
5. Tesla Motors, Inc. - (United States)
6. General Electric Company - (United States)
7. Leviton Manufacturing Co., Inc. - (United States)
8. EVgo - (United States)
9. Blink Network - (United States)
10. Greenlots - (United States)
Europe Electric Vehicle Charging Infrastructure Market:
1. ABB Group - (Switzerland)
2. Elektromotive Limited - (United Kingdom)
3. Schneider Electric SE - (France)
4. Chargemaster Plc - (United Kingdom)
5. Delphi Automotive LLP - (United Kingdom)
6. Eaton Corporation - (Ireland)
7. Siemens AG - (Germany)
8. Engie - (France)
9. Pod Point Ltd. - (United Kingdom)
10. NewMotion - (Netherlands)
Asia Pacific Electric Vehicle Charging Infrastructure Market:
1. BYD Company - (China)
2. Efacec Electric Mobility - (Portugal)
3. Delta Electronics, Inc. - (Taiwan)
4. TGOOD Global Ltd. - (China)
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Key questions answered in the Electric Vehicle Charging Infrastructure Market are:
- What is Electric Vehicle Charging Infrastructure?
- What will be the CAGR at which the Electric Vehicle Charging Infrastructure market will grow?
- What is the growth rate of the Electric Vehicle Charging Infrastructure Market?
- What are the industry trends that can be implemented to generate additional revenue streams for the Electric Vehicle Charging Infrastructure Market?
- Who are the leading companies and what are their portfolios in Electric Vehicle Charging Infrastructure Market?
- What segments are covered in the Electric Vehicle Charging Infrastructure Market?
- Which are the factors expected to drive the Electric Vehicle Charging Infrastructure market growth?
- What are the different segments of the Electric Vehicle Charging Infrastructure Market?
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Key Offerings:
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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