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Sep 11, 2020 6:56 AM ET

Keen Insight for Electric Vehicle Charging Infrastructure Market Trend by 2027




iCrowd Newswire - Sep 11, 2020

The Electric Vehicle Charging Infrastructure market research in this report provided by Global Market Monitor includes historical and forecast market data, consumer demand, application segmentation details, and price trends. This report also provides a detailed overview and data analysis of major Electric Vehicle Charging Infrastructure companies during the forecast period.

The governments of countries/regions such as China, Japan, and South Korea are investing heavily in charging infrastructure, which is expected to boost the market growth in Asia Pacific. For instance, in October 2015, the Chinese government announced its intention to invest in deploying electric vehicle infrastructure in order to achieve its target of supporting 5 million electric vehicles by 2020. Moreover, in 2017, the Singapore government launched an electric vehicle sharing program. Under this initiative, BlueSG (Singapore), a subsidiary of the Bollore Group, will install 2,000 EV chargers at 500 charging stations in Singapore. In addition, various car manufacturers are collaborating to develop a charging infrastructure, for example, in May 2014, Toyota Motor Corporation, Honda Motor Co. Ltd, Nissan Motor Co. Ltd, and Mitsubishi Motors Corporation formed a new company called Nippon Charge Service, LLC to encourage the installation of EV chargers in Japan. As a result, Japan managed to surpass the number of gas stations with EV charging stations in 2016. Several European countries have set ambitious targets to curb carbon emissions and stockpile commitments to EVs by 2020. For example, the UK government passed the Automated and Electric Vehicles (AEV) Act in July 2018. It provides the government with new powers to ensure the rapid growth of EVCI on motorways and at petrol stations. In addition, Germany established the German National Platform for Electric Mobility, an advisory body to the German government, in October 2014 to analyse the development of electric vehicles and the charging infrastructure available to the public for electric vehicles. Other European countries, such as France, the UK, Germany and Belgium, are also working to develop EV charging and support infrastructure to enable interoperability of EVs across the region.

Electric Vehicle Charging Infrastructure is a station for charging electric vehicles. With the popularization of electric vehicles, electric vehicle charging stations are bound to become the focus of the automotive industry and energy industry development. Electric vehicle charging stations can better solve the problem of rapid charging, energy-saving and emission reduction.

Increasing demand for electric vehicles (EVs) is a major factor contributing to the positive growth. This growth is further fuelled by the increasing focus of government agencies on providing funding to original equipment manufacturers (OEMs) to develop charging stations. Manufacturers are researching and developing new technologies such as lithium-ion batteries, automatic park and charge, ultra-fast DC charging networks, and wireless charging to increase EV adoption. Lower operating costs, reduced maintenance, and growing awareness among consumers about environmental benefits are further attracting consumers towards EVs. This, in turn, is driving the demand for EV charging stations.

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Market Player
Key players profiled in the global Electric Vehicle Charging Infrastructure market are:
ClipperCreek, Inc
Chargemaster Plc
Schneider Electric
ChargePoint, Inc.
ABB
Eaton Corporation
AeroVironment Inc.
Leviton Manufacturing Co., Inc.
Siemens AG
SemaConnect, Inc.
General Electric
Tesla Motors, Inc.
Delphi Automotive LLP

Worldwide Electric Vehicle Charging Infrastructure Market by Application:
Commercial
Residential

Segmentation on the Basis of Type:
Alternating Current (AC) Charger
Direct Current (DC) Charger

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Electric Vehicle Charging Infrastructure Market

2 Market Trends and Competitive Landscape
3 Segmentation of Electric Vehicle Charging Infrastructure Market by Types
4 Segmentation of Electric Vehicle Charging Infrastructure Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Electric Vehicle Charging Infrastructure Market in Major Countries
7 North America Electric Vehicle Charging Infrastructure Landscape Analysis
8 Europe Electric Vehicle Charging Infrastructure Landscape Analysis
9 Asia Pacific Electric Vehicle Charging Infrastructure Landscape Analysis
10 Latin America, Middle East & Africa Electric Vehicle Charging Infrastructure Landscape Analysis
11 Major Players Profile

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The report covers the major countries analysis in North America, Europe, Asia Pacific, and the rest of the world. Furthermore, policy mobilization, social dynamics, development trends, and economic development in these countries are also taken into consideration.

In-depth Electric Vehicle Charging Infrastructure Market Report: Intended Audience
Electric Vehicle Charging Infrastructure manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Electric Vehicle Charging Infrastructure
Electric Vehicle Charging Infrastructure industry associations and research organizations
Product managers, Electric Vehicle Charging Infrastructure industry administrator, C-level executives of the industries
Market Research and consulting firms

Reasons to Purchase this Report
Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major market players
6 months analyst support along with the data in excel

About Global Market Monitor
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We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.

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Contact
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