Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2028 for Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029, By Component (Hardware(Alternate-Current (AC) Charging Equipment, Direct-Current Fast Charging (DCFC) Equipment, Wireless Charging Equipment, Others) Software, Services(Installation Services, Maintenance & Support Services, Consulting Services, Others)); By Charger Type (CHAdeMO, Combined Charging System (CCS), Others); By Charging Level Type ( Level 1, Level 2, Level 3); By Installation Configuration(Wall Mount Configuration, Pole-Mounted Configuration, Others); By Application(Electric Vehicles, Hybrid Electric Vehicles, Plug-In Hybrid Electric Vehicles); By Vehicle Type (Electric Passenger Cars, Electric Buses, Delivery Vans, Others); By End Users (Residential (Residential Builders & Developers, Housing Societies, Single Homes And Apartment) Non Residential(Educational Institutions, Entertainment And Stadiums, Healthcare Service Providers, Hotels And Hospitality, Shopping Centers, Charge Point Operators (CPOs), Bus Depots, Logistics Centers, Retail Stores, Fleet Organizations, Offices & Workplaces, Government Agencies, Others)
Market Snapshot
The Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 was valued USD 17.59 Billion in 2021 and will grow at a CAGR of 30.26% for the forecast period of 2021-2028, as per the market research report by Absolute Markets Insights titled ” Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029
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Market Overview
The rising price of petroleum products is one of the most significant factors contributing towards the demand of electric vehicles, thereby driving the growth of electric vehicle (EV) charging infrastructure market. Manufacturers are adopting advanced technologies to produce electric vehicles with longer battery life and longer range. Another foremost factor driving the market growth is the decreasing cost of electric vehicles (EVs) due to lower battery costs, which is likely to escalate towards increased demand for EVs and EV charging infrastructure. In order to increase the adoption rate of electric vehicles, governments in various countries are providing incentives, subsidies and funding for charging infrastructure construction, which is estimated to proliferate the growth of electric vehicle (EV) charging infrastructure market over the forecast period. For instance, in Canada a range of provincial and municipal projects for the implementation of electric vehicle charging infrastructure have been launched and the Federal Government’s participation in this area is increasing.
The term Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 is influenced by a number of variables, such as forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other customer preferences. It is likely that the stakeholders in the sector will find this information beneficial and that it may even motivate them to take action.
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Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Competitive Landscape:
The prominent companies in the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 are:
ABB,
ChargePoint, Inc.,
Royal Dutch Shell,
Schneider Electric,
Sicon Chat Union Electric Co.,Ltd.,
Siemens,
Star Charge,
Tata Power,
Texas Instruments Incorporated.,
Total,
Vector Ltd amongst
Impact of COVID-19:
This article discusses consumer behavior, demand movements, shopping trends, supply chain restructuring, market forces dynamics, and significant government involvement. The new paper offers more information, analyses, projections, and estimates of the market effects of COVID-19.
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Key Benefits of Global Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Report:
- A lot of work has been spent considering both the present and the future as part of the examination into global Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 patterns.
The Global Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Growth Research Report offers comprehensive details on the Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
Researching global Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 trends might be useful for identifying business prospects.
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Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Regional Insights
According to AMI, North America accounted for a substantial share in global electric vehicle (EV) charging infrastructure market in 2020. The Government of America is looking forward to prioritize national EV charging network with incentive programs for charging infrastructure to increase the adoption of electric vehicles. For instance, Electrify America, an electric vehicle charging network, has planned to double its number of charging stations across the United States and Canada. The expansion includes 1,800 fast-charging stations and 10,000 individual chargers to be installed by 2025.
The study offers a thorough analysis of several elements, including the distribution of the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 in important geographic areas. Latin America, North America, Europe, and Asia-Pacific are the study’s primary geographic focus regions.
Why the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Report is Beneficial?
- The study covers a significant amount of information on the most recent product and technology breakthroughs in the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 and provides a thorough analysis of the market competition for the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 .The study was created utilizing a thorough and contemporary research approach.
- The numerous analyses of how these updates might impact the continued expansion of Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029.
- The research report for the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 study contains a wealth of historical information and analysis.
- The Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 report’s insights are evident and straightforward to understand because to the graphical data representations employed, such as bar graphs, statistics, pie charts, etc.
Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 Segmentation:
Various categories have been created within the Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 market based on the components of the product and the intended use for which it is designed. Market share and growth rates for each market segment are assessed. The experts have also considered prospective areas where the producers might make money in the future. The accurate volume and value estimates provided by the geographical analysis aid market participants in better understanding the overall industry.
Global Electric Vehicle (EV) Charging Infrastructure Market
By Component
- Hardware
- Alternate-current (AC) Charging Equipment
- Direct-Current Fast Charging (DCFC) Equipment
- Wireless Charging Equipment
- Others
- Software
- Services
- Installation Services
- Maintenance & Support Services
- Consulting Services
- Others
By Charger Type
- CHAdeMO
- Combined Charging System (CCS)
- Others
By Charging Level Type
- Level 1
- Level 2
- Level 3
By Installation Configuration
- Wall Mount Configuration
- Pole-mounted Configuration
- Others
By Application
- Electric Vehicles
- Hybrid Electric Vehicles
- Plug-in Hybrid Electric Vehicles
By Vehicle Type
- Electric Passenger Cars
- Electric Buses
- Delivery Vans
- Others
By End Users
- Residential
- Residential Builders & Developers
- Housing Societies
- Single Homes and Apartment
- Non Residential
- Educational Institutions
- Entertainment and Stadiums
- Healthcare Service Providers
- Hotels and Hospitality
- Shopping Centers
- Charge Point Operators (CPOs)
- Bus Depots
- Logistics Centers
- Retail Stores
- Fleet Organizations
- Offices & Workplaces
- Government Agencies
- Others
Global Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029 by Region Global Electric Vehicle (EV) Charging Infrastructure Market 2021 – 2029
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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