Global Electric Vehicle Charging Stations Market – Industry Analysis and Market Forecast (2019-2026

Global Electric Vehicle Charging Stations Market is expected to reach US$ 20.67 Bn by 2026 from US$ XX Bn in 2018 at a CAGR of XX% during forecast period.
Global Electric Vehicle Charging Stations Market

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The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Rapid growth in the market is increased by the stiff competition between the key players. As the sales figures for electric vehicles are increasing every year, the demand for charging stations will also rise. Sensing huge opportunities for business, dominant players are adopting strategies to scale up their operations, while potential players are striving to introduce innovative products.

Rise in income leads to increase in disposable income of the people across the globe. As per OECD.org, the world witnessed a growth of 10.7% in disposable income in 2016 as compared to 2015. India is leading with the highest growth rate of disposable income in 2016 as compared to other countries.

According to charging station type, global electric vehicle charging station market is segmented into DC, AC, and wireless charging stations. Of this, the DC charging type will hold the highest share in the global electric vehicle charging station market during forecast period. It held around 61% of the total market share in 2017. This is mainly because of the attractive pricing and fast charging capacity of DC charging stations. Additionally, in DC charging stations, it converts electricity before entering the car’s converter and hence charges the battery directly. These features fuel growth for DC charging stations in the global electric vehicle charging station market.

Geographically, Asia Pacific is expected to be the fastest growing region during the forecast period, 2019-2027. Demand of electric vehicle (EV) charging station in the Asia Pacific will increase at a significant CAGR during the forecast period because of expansion of the electric vehicle industry in the region.

Global Electric Vehicle (EV) Charging Station Market is dominated by several players, those companies in the industry are following various type of strategies to support their own market position. The manufacturing players are expected to invest more on the R&D of new product development. Thus, manufacturing companies are likely to collaborate with consumers located in the electric vehicle industry in order to search for new product innovations.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Electric Vehicle Charging Station Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Electric Vehicle Charging Station Market.
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Global Electric Vehicle Charging Station Market by Supplier Type:

• OE Charging Station
• Private Charging Station
Global Electric Vehicle Charging Station Market by Charging Station:

• Less than 11 kW
• 11kW-50 kW
• Above 50 kW
Global Electric Vehicle Charging Station Market by Power Output:

• AC Charging
• DC Charging
• Wireless Charging
Global Electric Vehicle Charging Station Market by Installation Type:

• Residential
• Commercial
Global Electric Vehicle Charging Station Market by End User:

• Private Type
• Public Type
Global Electric Vehicle Charging Station Market by Geography:

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operated in Global Electric Vehicle Charging Station Market

• ChargePoint
• ABB
• Tesla
• Engie
• AeroVironment
• General Electric Company
• Schneider Electric SE
• Delphi Automotive
• Eaton Corporation
• Siemens AG
• Chargemaster PLC.
• Elektromotive Limited
• SemaConnect, Inc.
• ClipperCreek, Inc.,
• Leviton Manufacturing Co., Inc.
• Efacec
• EVGO
• Aerovironment
• Chargepoint

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