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Electric Vehicle Charging Station Market: Key Players, Industry Overview, Demand & Supply Chain Analysis, Forecast To 2025

Press Release   •   Apr 09, 2018 04:02 EDT

Electric Vehicle Charging Station market

Market Synopsis:
Electric vehicle charging station is also referred as EV charging station or an electric charging point. It is a component in infrastructure that supplies electric energy for recharging an electric vehicle. These vehicles are plug-in electric vehicles including electric cars, neighborhood electric vehicles, and plug-in hybrids. A charging station is generally in the form of fixture connected directly to an electrical distribution panel. It includes one or more charging cables which is equipped with a connector that is similar to a gas pump nozzle. To charge the battery it is connected to the EVs charging socket. The charging station has light that shows that electric vehicle id charging.

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Electric Vehicle Charging Station Market

Electric Vehicle Charging Station Market

The increasing government support is one of the important factor for the growth of the market. The government follows different initiatives to support the electric vehicle charging station market. The government supports by providing tax credits and various subsidies to promote the sale of electric vehicles. There is tremendous use of electric vehicle which give rise to the growth of the market. The demand for electric vehicles is increasing across the globe. The adoption rate of electric vehicles is increasing with the introduction of DC fast charging, wireless charging, ultrafast electric vehicle supply equipment (EVSE) that has capacity to charge vehicle batteries to 100% within 15-30 minutes.

Market Segmentation:
On the basis of segmentation, the market is divided into number segments such as by type, by application, and by region. The type segment is bifurcated into slow AC, fast AC, and fast DC. According to the type, the market is divided into public use, office use, and home use. Public use includes different hotels and restaurants. Most of the offices install electric vehicle charger for employee’s benefit. Whereas, electric vehicle charger at home is one of the convenient way of charging.

Regional Analysis:
Geographically the market is bifurcated into various regions such as North America, Europe, APAC, and LAMEA. Asia Pacific is accounted for the largest share of electric vehicle charging station market due to the increasing use of electric vehicles in the countries such as China and Japan. North America and Europe regions sound growth as it increases the sales of electric vehicles.

Key Players:
The electric vehicle charging station market involves major players such as, ABB Ltd., Aerovironment, Inc., Elektromotive Limited, General Electric Company, Schneider Electric SE, Delphi Automotive PLC., Eaton Corporation PLC., Siemens AG, Tesla Motors Inc., and Chargepoint Inc. These company adopts various development strategies for the growth of the market.

Electric Vehicle Charging Station Market SegmentationBy Type:

  • Slow AC
  • Fast AC
  • Fast DC

By Application:

  • Public Use
  • Office Use
  • Home Use

Regions Covered:

Geographically the market is bifurcated into various regions such as North America, Europe, APAC, and LAMEA. Asia Pacific is accounted for the largest share of electric vehicle charging station market due to the increasing use of electric vehicles in the countries such as China and Japan. North America and Europe regions sound growth as it increases the sales of electric vehicles.

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Research Scope:The study for Electric Vehicle Charging Station Market will provide market size, estimates and forecast based on the following years:

Historic data: 2015
Base Year Estimate: 2016
Forecast: 2017 to 2025

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1.Introduction
1.1 Market Definition
1.2. Market Scope

2.Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3 Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016

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