COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.
Electric vehicles (EVs) are gaining momentum in the transportation industry in recent times owning to increasing demand for lightweight, fuel efficient vehicles along with the growing concern for environmental related norms and regulations. Electric vehicles (EVs) mainly use one or many motors that are powered by fuel cell, battery, solar panels or generators installed in the vehicles for propulsions.
Many innovators from Hungry, Netherlands, and the U.S. tried the concept of battery-operated vehicles and were able to develop a concept small scale electric vehicle model in early 1800. But in 1890, William Morrison, a chemist by profession, developed an electric vehicle capable of carrying six persons. The vehicle attained a speed of 14 miles per hour.
In future, advancement in technology, increasing battery capacity, and the use of lightweight materials in EVs are going to provide better efficiency, thereby further contributing to the development of electric vehicles across regions.
Electric vehicle charging infrastructure is broadly divided into three categories - alternate current, direct current, and wireless charging. Alternate current is also known as level 1 and level 2. Here, the in-car inverter converts alternate current into direct current and charges the battery at either level 1 or level 2. Direct current, also known as level 3 charging, converts alternate current to direct current without any inverter. Wireless charging, on the other hand, uses electromagnetic waves to charge batteries.
The global electric vehicle charging infrastructure market size is estimated to be USD 3.8 billion in 2020 and is projected to grow with a CAGR of 36.3% in terms of value from 2020 to 2028. Increasing government spending towards the development of highway and road connectivity and establishment of better charging facilities in developed economies are some of the major factors that contribute to the growth of the electric vehicles charging infrastructure market.
What does this Report Provide?
This report provides a detailed understanding of the global electric vehicle charging infrastructure demand from a qualitative and quantitative perspective with a forecast for the next 10 years. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the global electric vehicle charging infrastructure market. The major market drivers, challenges, and opportunities for the global electric vehicle charging infrastructure market have also been covered in the market. This report also includes the market share of the leading companies operating in the global electric vehicle charging infrastructure market along with their production capacities and the growth strategies adopted by them.
Market Segmentation:
By Infrastructure Provider:
By Infrastructure Type:
By Charging Level:
By Vehicle Type:
By Installation Type:
By Application
By Region:
North America Electric Vehicle Charging Infrastructure Market
Europe Electric Vehicle Charging Infrastructure Market
Asia Pacific Electric Vehicle Charging Infrastructure Market
Middle East & Africa Electric Vehicle Charging Infrastructure Market
South America Electric Vehicle Charging Infrastructure Market
Major Companies: Allego, Alfen, ABB Ltd., BP Chargemaster, Blink Charging Co. Clippercreek, Inc., Chargepoint, Inc., Tesla Inc., EVGO Services LLC, Semaconnect Network, Greenlots, and EV Connect, Electrify America LLC, Opconnect, Inc., Webasto Group, Engie SA, Schneider Electric SE, Siemens AG, Efacec Power Solutions, Leviton, Tgood, and Others.
Objectives of this Report:
Customization:
This study is customized to meet your specific requirements:
For more information, contact: [email protected]
Single User (PDF)
3850Multi User (PDF)
5150Enterprise User (PDF)
7650Avail customized purchase options to meet your exact research needs.
Detailed scope covering all the major segments in the market
In line data validations to ensure data precision
Market recommendations supporting decision making processes
Round the clock analyst support to resolve your queries
Up to 15% additional free customization to meet your specific requirements