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Electric Vehicle Charging Stations Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2021 – 2028


The global Electric Vehicle Charging Stations Market is forecasted to be worth USD 49.53 Billion by 2027, according to a current analysis by Emergen Research. An increase in the number of electric vehicles and advancement in technology will drive the demand for the market.

To promote the electric vehicle charging infrastructure, a lot of governments at various levels have crafted regulations through mandating the “make-ready” infrastructure in buildings. Governments all over the world are investing heavily in the charging infrastructure to provide ample opportunities for the OEMs to expand their revenue and business. The recent advancements in the technology of EVs have provided a lucrative opportunity for its growth to transform the transportation sector. The electric vehicles are anticipated to approach cost-competitiveness with conventional fuel vehicles, due to the increased production volumes and reduction in battery costs during the forecast period.

However, the high cost required in the overhaul, initial investment, and maintenance is hampering the market’s development. The dramatic reduction in greenhouse gas emissions, local air pollution, and resulting climate change impacts, and low oil usage from the transportation sector owing to the usage of electric vehicles promise a breakthrough in the future transportation sector.

The study performs a historical assessment of the Electric Vehicle Charging Stations from 2021 to 2028, focusing on the market trends, revenue share, growth rate, production capacity, pricing structure, and other vital aspects during that period. The report emphasizes the demands and ongoing trends of the global Electric Vehicle Charging Stations market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions.  

See how the research methodology work for the report | request sample report: https://www.emergenresearch.com/request-sample/412

The global Electric Vehicle Charging Stations market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

Key Market Competitors Profiled in the Report:

  • ABB Ltd., Chargepoint, Inc., Tesla Inc., EVGO Services LLC, BP Chargemaster, SemaConnect Network, EV Connect, Greenlots, Electrify America LLC., and OPConnect, Inc., among others.

Significant driving forces shaping the future of the Electric Vehicle Charging Stations market for the forecast period 2021 – 2028 find a special mention in the study and are backed by a real-time statistics. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.

For the purpose of this report, Emergen Research has segmented into the global Electric Vehicle Charging Stations Market on the basis of charging infrastructure type, charging level, vehicle type, installation type, application, and region:

  • Charging Infrastructure Type Outlook (Revenue, USD Billion; 2017-2027)
    • CCS
    • Normal Charging
    • Tesla Supercharger
    • Type-2
  • Charging Level Outlook (Revenue, USD Billion; 2017-2027)
    • Level 1 (120 V)
    • Level 2 (208 V – 240 V)
    • Level 3 (Upto 600 V)
  • Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
    • Electric Bike
    • Plug-In Hybrid PHEV
    • EV Passenger Cars
    • Heavy Delivery Vans
    • Others
  • Installation Type Outlook (Revenue, USD Billion; 2017-2027)
    • Portable Chargers
    • Fixed Chargers

    • Application Outlook (Revenue, USD Billion; 2017-2027)
      • Public
      • Private

    Key Highlights From The Report

    • CCS (Combined Charging System) is an open and universal charging standard for electric vehicles and covers single-phase AC, three-phase AC, and DC High-Speed Charging in both the European region and the US.
    • Level 2 charging stations use either single or three-phase AC power from the grid. AC level 2 is a 240-volt AC plug that requires the installation of home charging equipment. Level 2 charging can take place between 3 and 8 hours, depending on the battery capacity of the vehicle, and the charging rate falls within a range of 3kW to 20kW.
    • The fixed chargers are available both indoor and outdoor with the right charging connection to suit the driver’s requirements based on where the electric vehicle is parked. The fixed chargers are quick to plug in and convenient to time charging to start with the onset of the overnight tariff.
    • The United States is at the forefront of electric vehicles to provide a cleaner alternative to fossil fuel-propelled cars that reduces not only GHG emissions but also provides local air quality, noise reduction, and national security benefits. This is propelling the demand for the market in the North American region.

    For more details of the Electric Vehicle Charging Stations Market Report, visit @ https://www.emergenresearch.com/industry-report/electric-vehicle-charging-stations-market

    The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field.  It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.

    Target Audience of the Report:

    • Leading Companies
    • Large, medium-sized, and small enterprises
    • Investors
    • Value-Added Resellers (VARs)
    • Venture capitalists
    • Third-party knowledge providers

    The report considers the following timeline for market estimation:

    • Historical Years: 2019-2020
    • Base Year: 2020
    • Estimated Year: 2021
    • Forecast Years: 2021-2028

    Key Coverage of the Electric Vehicle Charging Stations Market:

    • Insightful information regarding the global Electric Vehicle Charging Stations market
    • Identification of growth in various segments and sub-segments of the Electric Vehicle Charging Stations market
    • Strategic recommendations for investment opportunities
    • The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
    • Emerging trends and current market segment analysis to help investors formulate new business strategies
    • Accelerates the decision-making process through the availability of the drivers and limitations

    Quick Buy – Electric Vehicle Charging Stations Market Research Report: https://www.emergenresearch.com/select-license/412

    The global Electric Vehicle Charging Stations market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

    Thank you for reading our report. For further details or to inquire about customization, please get in touch with us. We assure you that your report will be designed as per your requirements.

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