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Electric vehicle charging stations market to rise $12.61 billion in 2022 according to new research report

Energy Market Research

Report on Electric Vehicle Charging Stations Market is convinced in meeting needs and expectations of our clients with best market research material and comprehensive information of the Electric Vehicle Charging Stations Market. Electric Vehicle Charging Stations Market Industry Report 2018 is a professional and in-depth study on the current state of the Electric Vehicle Charging Stations market size, share, growth, trend, supplier, top player, manufacturer, demand, outlook, , competitors analysis to 2022.

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Report: www.reportsnreports.com/contacts/r….aspx?name=518938

Electric Vehicle Charging Stations Companies Profiled In Report: ABB Ltd. (Switzerland), Aero Vironment Inc.

(U.S.), ChargePoint Inc. (U.S.), Delphi Automotive Plc.(U.K.), Eaton Corp. Plc. (Republic of Ireland),Elektromotive Limited (U.K.),GE Company (U.S.), Pod Point Ltd.

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(U.K.), Schneider Electric SE (France), SemaConnect Inc. (U.S.), Siemens AG (Germany), and Tesla Motors Inc.

The growth of the EV market is attributed to significant incentives offered by the Chinese Government for vehicle buyers and tightening emission regulations. Further, other countries such as South Korea and India are taking initiatives to reduce greenhouse gas emissions by increasing the use of electric vehicles.

The leading players contributing to the growth of the region are JAC Motors (China), BYD Co. Ltd. (China), BAIC Group (China), SAIC Motor Corporation Limited (China), Nissan Motor Company Ltd.

(Japan), Mitsubishi Motors Corporation (Japan), and Toyota Motor Corp. (Japan).

 The target audience for the report includes:

  • Associations, forums, and alliances related to EVCS
  • Automotive manufacturers and suppliers
  • Electric utility companies
  • Electric vehicle charging stations designers and manufacturers
  • EV charging equipment component suppliers
  • EV charging service companies
  • Investors
  • Research organizations and consulting companies

“Electric vehicle charging stations market to exhibit high growth potential during the forecast period”

The electric vehicle charging stations market is expected to grow at a CAGR of 29.8% between 2016 and 2022 and estimated to reach USD 12.61 billion by 2022.Key driving factors for the growth of the electric vehicle charging station market are government subsidies and incentives, increasing use of EVs, and the growing need to reduce carbon emissions.

“Electric vehicle charging stations market for inductive charging stations expected to grow at the highest CAGR during the forecast period“

The market for inductive charging stations is estimated to grow at the highest CAGR between 2016 and 2022. The technology is still in the research and development stage.

It is estimated that the market will evolve post 2016 and is expected to exhibit high growth. Participants from various verticals such as telecom, industrial automation, and utilities are transforming the market by establishing their presence.

Further, companies such as Evatran Group Inc. (U.S.) and Qualcomm Inc. (U.S.) have launched prototypes and demonstration projects through joint ventures and partnerships, which is expected to drive the growth of this market.

For instance, in June 2015, the Evatran Group Inc. (U.S.) partnered with Zhejiang VIE Science and Technology Company (VIE, China) and got an initial investment of USD 1.6 million from VIE to introduce wireless electric vehicle charging products to China.

“Americas to be the fastest-growing market for electric vehicle charging stations during the forecast period”

The market in the Americas is expected to grow at the highest CAGR between 2016 and 2022.The growth is attributed to the shift towards low emission vehicles, tax credits in various cities in the U.S. for the installation of charging stations, and the U.S.

Government’s subsidies and incentives to boost the deployment of EV charging stations under the American Recovery and Reinvestment Act (ARRA).

Inquire more on Electric Vehicle Charging Stations Market by Charging Station (AC Charging Station, DC Charging Station, Inductive Charging Station), Connector Type (Chademo, CCS, Others), Location (Public, Private), and Geography - Global Trend and Forecast to 2022 at www.reportsnreports.com/contacts/.aspx?name=518938

Electric Vehicle Charging Stations Market Overview –  

  • Electric Vehicle Charging Stations Market Analysis, By Charging Station
  • Electric Vehicle Charging Stations Market Analysis, By Location
  • Electric Vehicle Charging Stations Market Analysis, By Connector Type
  • Electric Vehicle Charging Stations market, by End-User Industry
  • Electric Vehicle Charging Stations market, by Geography

The break-up of primary participants for the report has been shown below:

  • By Company Type - Tier 1 – 40%, Tier 2 – 35% and Tier 3 – 25%
  • By Designation – C level – 45%, Director level – 30%, Manager level – 25%
  • By Region –Americas - 30%, Europe – 20%, APAC – 35%, RoW – 15%

This report includes the market statistics pertaining to technique, type, vertical, and region. The Porter’s Five Forces framework has been utilized along with the value chain analysis to provide an in-depth insight into this market.

Major drivers, restraints, opportunities, and challenges for the Electric Vehicle Charging Stations market have been detailed in this report. Illustrative segmentation, analysis, and forecast have been conducted for the markets based on the technique, type, vertical, and geography to give an overall view of the Electric Vehicle Charging Stations market.

The detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.

Report at: www.reportsnreports.com/.aspx?name=518938

 

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