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Electric Vehicle Charging Equipments Market

Electric Vehicle Charging Equipments Market

    
    
    


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Electric Vehicle Charging Equipment Market Overview

The report is titled as ‘Electric Vehicle Charging Equipment Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the electric vehicle charging equipments market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Electric vehicle charging equipments market is expected to grow with significant rate in the near future.

The global electric vehicle charging equipments market in 2020 is estimated for more than US$ 8.2 Bn and expected to reach a value of US$ 401.2 Bn by 2028 with a significant CAGR of 63.2%.

Electric Vehicle Charging Equipment Market Definition

An electric vehicle is a kind of an automobile that is driven by an electric motor rather than conventional internal-combustion engine which produces power by flaming the blend of gases and fuels. In the present times, electric vehicles are gaining huge traction in the global market owing to its numerous benefits such as environment-friendly and cheaper to run and maintain and cuts off other expenses. Therefore, electric vehicles are projected to replace the current-generation vehicles in the upcoming years.

By the same token, electric vehicle charging equipment can be perceived as an electronic tool that fulfills the need of electric energy from the source for rejuvenating the electric vehicle. So, the electric vehicle charging equipment can be considered as the essential link between an electrical vehicle and electric source with a drained battery power.

Hence, it is projected that as the electric vehicles market grows further, it directly contributes to the growth of the global electric vehicle charging equipment market in the forthcoming future.

Electric Vehicle Charging Equipment Market Dynamics

The rapidly surging concern as well as awareness regarding safe and healthy environment among the whole world has majorly propelled the evolution of electric vehicles, thus boosting the growth of the global electric vehicle charging equipment market.

The electric vehicle charging equipment is one of the most crucial elements of the electric vehicle as it refills the electric energy and revives the vehicle, thereby the global electric vehicle charging equipment market is estimated to grow rapidly as the appealing trend of electric vehicles takes over the conventional internal-combustion engine vehicles.

Along with that, the plentiful benefits of the electric vehicles such as environmentally-safe, economical as it is affordable to run and maintain and enhances other savings as well as it also comprises better safety options, which gains a huge momentum in the global market. Owing to which, the global electric vehicle charging equipment market is projected to elevate higher during the forecast timeframe.

However, the initial investment and overhaul may be money exhausting that is likely to hinder the growth of the global electric vehicle charging equipment market in the coming years. Nevertheless, the rise in count of initiatives taken by the government to make the environment pollution-free and build more and more electric vehicle charging infrastructure as well as abundant financing is expected to act as a major driver to accelerate the growth of the global electric vehicle charging equipment market during the forecast period.

Electric Vehicle Charging Equipment Market Key Players

Some of the key participating players in electric vehicle charging equipment market are:

ABB Group

BYD Auto Co., Ltd.

ChargePoint, Inc.

Eaton Corporation PLC

General Electric Company

Mitsubishi Electric Corporation

Robert Bosch GmbH

Schneider Electric S.E.

Siemens AG

Tesla, Inc.

Electric Vehicle Charging Equipment Market Segmentation

The electric vehicle charging equipment market is segmented on the basis of type, application, and region.

By Type

AC Charging

DC Charging

By Application

Residential

Commercial

Public Charging

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

MMC Overview on Electric Vehicle Charging Equipment Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.

A research report on the Electric Vehicle Charging Equipment market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Electric Vehicle Charging Equipment

•    Advantages of Electric Vehicle Charging Equipment

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Electric Vehicle Charging Equipments Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Electric Vehicle Charging Equipments Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Electric Vehicle Charging Equipments Market Snapshot

2.4.    Global Electric Vehicle Charging Equipments Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Electric Vehicle Charging Equipments Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Electric Vehicle Charging Equipments Market, By Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Type

3.1.2.    BPS Analysis, By Type

3.2.    Market Revenue (US$Mn) Forecast, By Type

3.2.1.    AC Charging

3.2.2.    DC Charging

3.3.    Global Electric Vehicle Charging Equipments Market Attractiveness Index, By Type

4.    Global Electric Vehicle Charging Equipments Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) Forecast, By Application

4.2.1.    Residential

4.2.2.    Commercial

4.2.3.    Public Charging

4.3.    Global Electric Vehicle Charging Equipments Market Attractiveness Index, By Application

5.    Global Electric Vehicle Charging Equipments Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East

5.2.6.    Africa

5.3.    Global Electric Vehicle Charging Equipments Market Attractiveness Index, By Region

6.    North America Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Electric Vehicle Charging Equipments Market

6.2.2.    Canada Electric Vehicle Charging Equipments Market

6.3.    North America Electric Vehicle Charging Equipments Market, By Type

6.3.1.    AC Charging

6.3.2.    DC Charging

6.4.    North America Electric Vehicle Charging Equipments Market, By Application

6.4.1.    Residential

6.4.2.    Commercial

6.4.3.    Public Charging

6.5.    North America Electric Vehicle Charging Equipments Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Type

6.5.3.    By Application

7.    Latin America Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Electric Vehicle Charging Equipments Market

7.2.2.    Mexico Electric Vehicle Charging Equipments Market

7.2.3.    Argentina Electric Vehicle Charging Equipments Market

7.2.4.    Rest of Latin America Electric Vehicle Charging Equipments Market

7.3.    Latin America Electric Vehicle Charging Equipments Market, By Type

7.3.1.    AC Charging

7.3.2.    DC Charging

7.4.    Latin America Electric Vehicle Charging Equipments Market, By Application

7.4.1.    Residential

7.4.2.    Commercial

7.4.3.    Public Charging

7.5.    Latin America Electric Vehicle Charging Equipments Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Type

7.5.3.    By Application

8.    Europe Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Electric Vehicle Charging Equipments Market

8.2.2.    Germany Electric Vehicle Charging Equipments Market

8.2.3.    Italy Electric Vehicle Charging Equipments Market

8.2.4.    France Electric Vehicle Charging Equipments Market

8.2.5.    Spain Electric Vehicle Charging Equipments Market

8.2.6.    Russia Electric Vehicle Charging Equipments Market

8.2.7.    Poland Electric Vehicle Charging Equipments Market

8.2.8.    BENELUX Electric Vehicle Charging Equipments Market

8.2.9.    NORDIC Electric Vehicle Charging Equipments Market

8.2.10.    Rest of Europe Electric Vehicle Charging Equipments Market

8.3.    Europe Electric Vehicle Charging Equipments Market, By Type

8.3.1.    AC Charging

8.3.2.    DC Charging

8.4.    Europe Electric Vehicle Charging Equipments Market, By Application

8.4.1.    Residential

8.4.2.    Commercial

8.4.3.    Public Charging

8.5.    Europe Electric Vehicle Charging Equipments Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Type

8.5.3.    By Application

9.    Asia Pacific Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Electric Vehicle Charging Equipments Market

9.2.2.    India Electric Vehicle Charging Equipments Market

9.2.3.    Japan Electric Vehicle Charging Equipments Market

9.2.4.    Australia and New Zealand Electric Vehicle Charging Equipments Market

9.2.5.    South Korea Electric Vehicle Charging Equipments Market

9.2.6.    ASEAN Electric Vehicle Charging Equipments Market

9.2.7.    Rest of Asia Pacific Electric Vehicle Charging Equipments Market

9.3.    Asia Pacific Electric Vehicle Charging Equipments Market, By Type

9.3.1.    AC Charging

9.3.2.    DC Charging

9.4.    Asia Pacific Electric Vehicle Charging Equipments Market, By Application

9.4.1.    Residential

9.4.2.    Commercial

9.4.3.    Public Charging

9.5.    Asia Pacific Electric Vehicle Charging Equipments Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Type

9.5.3.    By Application

10.    Middle East Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Electric Vehicle Charging Equipments Market

10.2.2.    Israel Electric Vehicle Charging Equipments Market

10.2.3.    Oman Electric Vehicle Charging Equipments Market

10.2.4.    Rest of Middle East Electric Vehicle Charging Equipments Market

10.3.    Middle East Electric Vehicle Charging Equipments Market, By Type

10.3.1.    AC Charging

10.3.2.    DC Charging

10.4.    Middle East Electric Vehicle Charging Equipments Market, By Application

10.4.1.    Residential

10.4.2.    Commercial

10.4.3.    Public Charging

10.5.    Middle East Electric Vehicle Charging Equipments Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Type

10.5.3.    By Application

11.    Africa Electric Vehicle Charging Equipments Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    South Africa Electric Vehicle Charging Equipments Market

11.2.2.    Egypt Electric Vehicle Charging Equipments Market

11.2.3.    North Africa Electric Vehicle Charging Equipments Market

11.2.4.    Rest of Africa Electric Vehicle Charging Equipments Market

11.3.    Africa Electric Vehicle Charging Equipments Market, By Type

11.3.1.    AC Charging

11.3.2.    DC Charging

11.4.    Africa Electric Vehicle Charging Equipments Market, By Application

11.4.1.    Residential

11.4.2.    Commercial

11.4.3.    Public Charging

11.5.    Africa Electric Vehicle Charging Equipments Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Type

11.5.3.    By Application

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    ABB Group

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Type Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    BYD Auto Co., Ltd.

13.3.3.    ChargePoint, Inc.

13.3.4.    Eaton Corporation PLC

13.3.5.    General Electric Company

13.3.6.    Mitsubishi Electric Corporation

13.3.7.    Robert Bosch GmbH

13.3.8.    Schneider Electric S.E.

13.3.9.    Siemens AG

13.3.10.    Tesla, Inc.

14.    Acronyms

Frequently Asked Questions

  • What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
    The global electric vehicle charging equipments market in 2020 is estimated for more than US$ 8.2 Bn and expected to reach a value of US$ 401.2 Bn by 2028 with a significant CAGR of 63.2%.
  • What are the key factors driving the growth of market?
    The rapidly surging concern as well as awareness regarding safe and healthy environment among the whole world has majorly propelled the evolution of electric vehicles, thus boosting the growth of the global electric vehicle charging equipment market.
  • What segments are covered in market report?
    The electric vehicle charging equipment market is segmented on the basis of type, application, and region.
  • What are the key participating players in the market?
    Some of the key participating players in electric vehicle charging equipment market are ABB Group, BYD Auto Co., Ltd., ChargePoint, Inc., Eaton Corporation PLC, General Electric Company, Mitsubishi Electric Corporation, Robert Bosch GmbH, Schneider Electric S.E., Siemens AG, and Tesla, Inc.