Electric Vehicle Charging Stations Market Size, Business Revenue Forecast

Posted by nileshdbmr on April 21st, 2021

Electric vehicle charging stations market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 48.30% in the forecast period of 2020 to 2027 and expected to reach USD 109,280.84 million by 2027.

 An electric vehicle charging station is a point to charge the battery of an electric vehicle, which varies from vehicles to vehicles. There are few types of technology which are used in charging the vehicles based on the battery’s input power which are as follows: type 1, type 2, and type 3. The charging stations can be DC charging or AC charging type or inductive charging station.

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Segmentation: Global Electric Vehicle Charging Stations Market

Global electric vehicle charging stations market is segmented into five notable segments which are charging station, vehicle type, charging stations standards, installation type and technology.

•          On the basis of charging station, the market is segmented into AC charging station, DC charging station and inductive charging station.
•          In December 2018, ChargePoint Inc. announced the partnership with Greenlots for enabling the charging between the networks in North America.
•          On the basis of vehicle type, the market is segmented into battery electric vehicle (BEV) and plug-in hybrid vehicle (PHEV).
•          On the basis of technology, the market is segmented into level 1, level 2, and level 3.
•          On the basis of charging stations standards, the market is segmented into GB/T, CHAdeMO, CCS, Tesla supercharger, SAE J1772 and IEC 62196.
•          On the basis of installation type, the market is segmented into residential and commercial.

Competitive Analysis: Global Electric Vehicle Charging Stations Market

Some of the prominent participants operating in this market are Tesla, Efacec, Engie Group, ABB, Schneider Electric, Siemens AG, Liikennevirta Oy (Ltd.), SemaConnect, ClipperCreek, Allego B.V., Leviton Manufacturing Co., Inc., EVgo Services LLC, ChargePoint, Inc., Blink Charging Co., Alfen N.V., AeroVironment, Inc. and among others.

Focus of the report

1.        CAGR values in the market for the forecast period
2.        Key trends in the market place
3.        Major players and brands
4.        Historical and current market size and projection up to 2026.
5.        Detailed overview of parent market
6.        Changing market dynamics of the industry