Global Electric Vehicle Charging Stations Market Report 2021 Featuring Tesla, Chargepoint, Siemens, ClipperCreek and Schneider Electric – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Electric Vehicle Charging Stations Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering.
Major players in the electric vehicle charging station market are Tesla, Chargepoint, Siemens, ClipperCreek and Schneider electric.
The global electric vehicle charging stations market is expected to grow from $5.8 billion in 2020 to $6.79 billion in 2021 at a compound annual growth rate (CAGR) of 17.1%. The market is expected to reach $20.49 billion in 2025 at a CAGR of 31.8%.
The electric vehicle charging station market consist of sales of electric vehicle charging services. Electric vehicle charging stations provides charging facility to electric vehicles through alternating current (AC) and direct current (DC) charging. AC charging station consists of level 1 and level 2 charging. Level 1 charging station uses 120V AC current, level 2 Charging station uses 240V AC current to charge the vehicles. Whereas the DC charging station also known as Level 3 charging station uses 480V DC current to charge the EVs.
The electric vehicle charging stations market covered in this report is segmented by installation type into home charging system, commercial charging system. It is also segmented by connector type into chademo, CCS, GB/T, tesla supercharger, others; by mode of charging into plug in charging system, wireless charging system and by charging station into AC charging station, DC charging station.
The limited range of electric vehicles is hindering the Electric vehicle (EV) charging stations market growth. Electric vehicles have a limited range as compared to the traditional internal combustion engine vehicles as due to its limited battery capacity. The electric vehicles can’t be used in case of long-distance travel, this causes the slow growth of the electric vehicles. According to a survey conducted by BBC, involves a sample of 10,293 drivers out of which 76% of the drivers said that in a single charge electric vehicle can’t travel long distances.
Increasing tax incentives and subsidies given to local automakers to produce electric vehicles is driving the demand for electric vehicle (EV) charging station market. Tax incentives and subsidies to the electric vehicle makers is encouraging auto makers to make more Electric vehicle which will generate more demand for EV charging stations.
China’s subsidy policy caused 53% increase in the manufacture and sale of electric vehicles in the country. Electric vehicles sales in China was almost four times the numbers sold in the USA, the growth in sales in China is majorly attributed to the subsidy policies and tax incentives given by the Chinese government.
Companies in the industry are increasingly offering ultra-quick charging capabilities of the direct current (DC) to aid performance optimization and ultra-fast-charge. The ultra-quick charging technologies of the direct current (DC) are used in electric vehicle charging stations to transfer current to electric vehicles through DC.
Key Topics Covered:
1. Executive Summary
2. Electric Vehicle Charging Stations Market Characteristics
3. Electric Vehicle Charging Stations Market Trends and Strategies
4. Impact Of COVID-19 On Electric Vehicle Charging Stations
5. Electric Vehicle Charging Stations Market Size and Growth
5.1. Global Electric Vehicle Charging Stations Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Electric Vehicle Charging Stations Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market
6. Electric Vehicle Charging Stations Market Segmentation
6.1. Global Electric Vehicle Charging Stations Market, Segmentation by Installation Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Home Charging System
- Commercial Charging System
6.2. Global Electric Vehicle Charging Stations Market, Segmentation by Connector Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- CHAdeMO
- CCS
- GB/T
- Tesla Supercharger
- Others
6.3. Global Electric Vehicle Charging Stations Market, Segmentation by Mode Of Charging, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Plug In Charging System
- Wireless Charging System
6.4. Global Electric Vehicle Charging Stations Market, Segmentation by Charging Station, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- AC charging station
- DC charging station
7. Electric Vehicle Charging Stations Market Regional and Country Analysis
7.1. Global Electric Vehicle Charging Stations Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Electric Vehicle Charging Stations Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Companies Mentioned
- Tesla
- Chargepoint
- Siemens
- ClipperCreek
- Schneider electric
- Eaton
- GE
- ABB
- Aerovironment
- SemaConnect
- Robert Bosch GmbH
- ECOtality
- Engie
- BP
- Shell
- Electromotive
- Chargemaster
- Evgo
- EVBox
- G2Mobility
- Leviton
- Delta ElectronicsInc
- Evatran group Inc
- Tgood
- Delphi automotive LLP
- Webasto Group
- Alfen
- Allego
- Blink Charging
- Efacec
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