The Electric Vehicle Charging Points Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Electric vehicle charging points are an element in an infrastructure that supplies electric energy for the recharging of plug-in electric vehicles including electric cars, neighborhood electric vehicles, and plug-in hybrids. Electric Vehicle can also reduce the emissions that contribute to climate change and smog, which improving public health and reducing ecological damage. Due to growing environmental concerns, the various countries are taking initiative for pollution-free vehicles which led to the growth of the electric vehicles which is demanding the electric vehicle charging points.
In Sept 2019, ChargePoint introduced ChargePoint Home Flex, its most advanced, fastest and most flexible home charger ever. With the ability to deliver up to 50 amps, ChargePoint Home Flex offers a unique combination of speed and flexibility that makes it the most adjustable home charger on the market today. Flex allows drivers to charge any electric vehicle (EV) up to 9 times faster than a standard wall outlet, delivering up to 37 miles of electric driving Range Per Hour. Adjustable amperage supports the charging needs of any EV and can be matched to any home’s electrical supply today and into the future.
Major Players are:
ABB Ltd. (Switzerland),Leviton Manufacturing (United States),ChargePoint (United States),Chargemaster PLC (United Kingdom),Evatran Group (United States),ClipperCreek (United States),General Electric Company (United States),Siemens AG (Germany),AddEnergie (Canada),SemaConnect (United States)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Type (AC (Alternating Current) Charger, DC (Direct Current) Charger), Application (Residential, Commercial), Type of Charging (Level One Charging (120V), Level Two Charging (240 V), DC Fast Charging (480 V)), Electric Vehicle Type (All-Electric Vehicles, Plug-In Hybrid Electric Vehicles, Hybrid Electric Vehicles)
Market Trends:
Demand for DC Fast Chargers Globally
Market Drivers:
Growing Adoption of Electric Vehicle in Emerging Countries
Rising Demand for Energy Efficient Transportation
Challenges:
Unavailability of Charging Points Hamper the Use of Electric Vehicle for Long-Distance Travelling
Opportunities:
Growing R&D Activities related to Electic Vehicle
Growing Environmental Concerns, Electric Vehicle Reduce Harmful Air Pollution Impacting on Growing Sale of these Vehicles
Due to Lower Running Costs and Cheaper Maintainance Rising Demand of Electric Veh
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Electric Vehicle Charging Points Market
Chapter 05 – Global Electric Vehicle Charging Points Market – Pricing Analysis
Chapter 06 – Global Electric Vehicle Charging Points Market Background
Chapter 07 — Global Electric Vehicle Charging Points Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Electric Vehicle Charging Points Market
Chapter 09 – Global Electric Vehicle Charging Points Market Structure Analysis
Chapter 10 – Global Electric Vehicle Charging Points Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the Electric Vehicle Charging Points Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
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