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Research focused on the electric vehicle charging system market to reach $8.02 billion, globally, by 2022

Energy Market Research

Electric Vehicle Charging System Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8.02 billion by 2022, registering a CAGR of 30.7% during the period 2016-2022.

In 2015, Europe was the highest revenue-generating region owing to the increasing penetration of home and commercial charging systems in countries such as the Netherland, Denmark, UK and France. In addition, growing adoption of electric vehicles in countries such as China and Japan due to changing lifestyle and rising disposable income is projected to boost the penetration level of electric vehicles in Asia-Pacific region.

Further, supportive government initiatives to popularize electric vehicle as a substitute over traditional vehicles is anticipated to drive the market growth, worldwide.

Get the access of the report at www.alliedmarketresearch.com/request-sample/781

The global electric vehicle charging system market is segmented based on product type, mode of charging, level of charger and geography.

Based on product type, the market is segmented into home charging systems and commercial charging stations. In 2015, home charging systems segment dominated the market with around 71.0% market share owing to high penetration of home charging facility in the U.S.

and major European countries.

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Category: Market Research Publishers and RetailersCompany about: Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market dom ...
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