HOME Top Market Reports Electric Vehicle Charging Stations Market by Charging Station (AC Charging Station, DC Charging Station, Inductive Charging Station), Connector Type (Chademo, CCS, Others), Location (Public, Private), and Geography - Global Trend and Forecast to 2022

Electric Vehicle Charging Stations Market by Charging Station (AC Charging Station, DC Charging Station, Inductive Charging Station), Connector Type (Chademo, CCS, Others), Location (Public, Private), and Geography - Global Trend and Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2016
Report Code: SE 4187

 

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The electric vehicle charging stations market is estimated to reach USD 12.61 Billion by 2022, at a CAGR of 29.8% between 2016 and 2022. The base year used for study is 2015 and the forecast period is from 2016 to 2022. This report provides a detailed analysis of the electric vehicle charging stations market based on charging station, connector type, location, and geography. It has been estimated that AC charging stations would hold a large share of the electric vehicle charging stations market. However, the market for inductive charging stations is expected to grow at a high CAGR between 2016 and 2022.

The research methodology used to estimate and forecast the electric vehicle charging stations market begins with capturing data on key vendor revenue through the secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global electric vehicle charging stations market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and sub-segments which have been verified through the primary research by conducting extensive interviews of people holding key positions such as CEOs, VPs, directors and executives. Market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments. The breakdown of profiles of primary is depicted in the below figure:

Electric Vehicle Charging Stations Market

To know about the assumptions considered for the study, download the pdf brochure

The electric vehicle charging stations ecosystem comprises electronics and networking component manufacturers, software providers, OEMs, network operators, and site owners. The stakeholders for the report include manufacturers such as ABB Ltd. (Switzerland), AeroVironment Inc. (U.S.), Elektromotive Limited (U.K.), GE Company (U.S.), and Schneider Electric SE (France) among others and associations such as the Electric Vehicle Charging Association, the Electric Vehicle Association of Greater Washington, and the ROEV Association.

Target audience of the report:

  • Associations, forums, and alliances related to EVCS
  • Automotive manufacturers and suppliers
  • Electric utility companies
  • Electric vehicle charging stations designers and manufacturers
  • EV charging equipment component suppliers
  • EV charging service companies
  • Investors
  • Research organizations and consulting companies

Scope of the Report:

This research report categorizes the global electric vehicle market on the basis of vehicle type and region; and the electric vehicle battery market based on type. This research report also categorizes the global electric vehicle charging stations market based on charging station, connector type, location, and region.

  • EV market, by Vehicle type: The global electric vehicle market has been segmented based on vehicle type into battery electric vehicle and plug-in hybrid electric vehicle.
  • EV battery market, by Type: The global electric vehicle battery market has been split into four types, namely, lead-acid, nickel-metal hydride, lithium-ion, and solid state battery.
  • EVCS market, by Charging station: The global electric vehicle charging stations market has been segmented based on charging station into AC charging station, DC charging station, and inductive charging station.
  • EVCS market, by Connector type: The global electric vehicle charging stations market has been further been segmented based on the connector type into CHAdeMO, CCS, and others. Others include Tesla supercharger, SAE J1772, and IEC 62196.
  • EVCS market, by Location: The global electric vehicle charging stations market has been split into two locations, namely, private and public.
  • EV and EVCS market, by Geography: The global electric vehicle and electric vehicle charging stations market has been split into four regions, namely, Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Scope of the Study
           1.3.1 EV Market Covered
           1.3.2 EVCS Market Covered
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights – Electric Vehicle Charging Stations Market (Page No. - 31)
    4.1 Electric Vehicle Market, By Vehicle Type (2016–2022)
    4.2 Electric Vehicle Charging Stations Market, 2016–2022 (USD Million)
    4.3 Electric Vehicle Charging Stations Market, By Connector Type and Geography – 2016
    4.4 Electric Vehicle Charging Stations Market, By Geography – 2016
    4.5 Electric Vehicle Charging Stations Market, By Charging Station (2016–2022)

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 EVolution of Electric Vehicles
    5.3 Market Segmentation
           5.3.1 EV Market, By Vehicle Type
           5.3.2 EV Battery Market, By Type
           5.3.3 EVCS Market, By Charging Station
           5.3.4 EVCS Market, By Connector Type
           5.3.5 EVCS Market, By Location
           5.3.6 EV and EVCS Market, By Geography
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Government Subsidies and Incentives Expected to Drive the EVCS Market
                    5.4.1.2 Increasing Use of Electric Vehicles Expected to Increase the Adoption of EVCSs
                    5.4.1.3 The Growing Need to Reduce Carbon Emissions
           5.4.2 Restraints
                    5.4.2.1 High Pricing and Short Range of Electric Vehicles
                    5.4.2.2 The Lack of Standardization Within EV Charging
           5.4.3 Opportunities
                    5.4.3.1 Heavy Investments From Automakers in EVs
           5.4.4 Challenges
                    5.4.4.1 High Costs of Equipment and Installation

6 Industry Trends (Page No. - 44)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Model
           6.3.1 Intensity of Competitive Rivalry
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Threat of New Entrants

7 Electric Vehicle Market, By Vehicle Type (Page No. - 51)
    7.1 Introduction
    7.2 Battery Electric Vehicle (BEV)
    7.3 Plug-In Hybrid Electric Vehicle (PHEV)
           7.3.1 Series PHEV
           7.3.2 Parallel PHEV

8 EV Battery Market, By Type (Page No. - 55)
    8.1 Introduction
    8.2 Lead-Acid Battery
    8.3 Nickel-Metal Hydride Battery
    8.4 Lithium-Ion Battery
    8.5 Solid-State Battery–Future of the Electric Vehicle Battery Market

9 EVCS Market Analysis, By Charging Station (Page No. - 57)
    9.1 Introduction
    9.2 AC Charging Station
           9.2.1 Level 1 Charging Station
           9.2.2 Level 2 Charging Station
    9.3 Dc Charging Station
    9.4 Inductive Charging Station
           9.4.1 Partnership: A Key Trend in the Inductive Charging Station Market

10 EVCS Market Analysis, By Connector Type (Page No. - 68)
     10.1 Introduction
     10.2 Chademo
             10.2.1 Japan: A Leading Player in Chademo
     10.3 CCS
             10.3.1 Features of CCS
     10.4 Others
             10.4.1 Tesla Supercharger
             10.4.2 SAE J1772
             10.4.3 IEC 62196

11 EVCS Market Analysis, By Location (Page No. - 74)
     11.1 Introduction
     11.2 Private
             11.2.1 Key Players: Private Charging Station
     11.3 Public
             11.3.1 Key Players: Public Charging Station

12 Market, By Geography (Page No. - 79)
     12.1 Introduction
     12.2 Americas
             12.2.1 North America
                        12.2.1.1 U.S.
                        12.2.1.2 Canada
                        12.2.1.3 Mexico
             12.2.2 South America
                        12.2.2.1 Brazil
                        12.2.2.2 Colombia
     12.3 Europe
             12.3.1 Netherlands
             12.3.2 France
             12.3.3 Norway
             12.3.4 U.K.
             12.3.5 Others
     12.4 Asia-Pacific (APAC)
             12.4.1 China
             12.4.2 Japan
             12.4.3 Others
     12.5 Rest of the World (RoW)
             12.5.1 The Middle East
             12.5.2 Africa

13 Competitive Landscape (Page No. - 103)
     13.1 Overview
     13.2 Market Ranking Analysis for Electric Vehicle Charging Stations
     13.3 Competitive Situation and Trends
             13.3.1 New Product Developments
             13.3.2 Partnerships
             13.3.3 Agreements, Collaborations, and Contracts
             13.3.4 Acquisitions, Expansions, and Pooling of Investments

14 Company Profiles (Page No. - 109)
(Overview, Products and Services, Financials, Strategy & Development)*
     14.1 Introduction
     14.2 ABB Ltd.
     14.3 Aerovironment, Inc.
     14.4 Elektromotive Limited
     14.5 General Electric Company
     14.6 Schneider Electric SE
     14.7 Delphi Automotive PLC.
     14.8 Eaton Corporation PLC.
     14.9 Siemens AG
     14.10 Tesla Motors Inc.
     14.11 Chargepoint Inc.
     14.12 Leviton Manufacturing Co., Inc.
     14.13 POD Point Ltd.
     14.14 Semaconnect Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 138)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports


List of Tables (69 Tables)

Table 1 Technology Roadmap: Electric Vehicle (EV) Market
Table 2 BEV and PHEV Market, 2010–2015 (Thousand Units)
Table 3 Government Subsidies and Incentives is Expected to Increase the Demand for EVCS
Table 4 High Pricing and Short Range of Electric Vehicles Hindering Market Growth
Table 5 Heavy Investments From Automakers in Electric Vehicles
Table 6 High Costs of EVCS and Installation
Table 7 EV Market, 2013–2022 (USD Billion & Thousand Units)
Table 8 EV Market, By Vehicle Type, 2013–2022 (USD Billion)
Table 9 EV Market, By Vehicle Type, 2013–2022 (Thousand Units)
Table 10 EVCS Market, 2013–2022 (USD Million & Thousand Units)
Table 11 EVCS Market, By Charging Station, 2013–2022 (USD Million)
Table 12 EVCS Market, By Charging Station, 2013–2022 (Thousand Units)
Table 13 EVCS Market for AC Charging Stations, By Type, 2013–2022 (USD Million)
Table 14 Level 1 AC Charging Station Market, By Location, 2013–2022 (USD Million)
Table 15 Level 1 AC Charging Station Market, By Region, 2013–2022 (USD Million)
Table 16 Level 2 AC Charging Station Market, By Location, 2013–2022 (USD Million)
Table 17 Level 2 AC Charging Station Market, By Region, 2013–2022 (USD Million)
Table 18 EVCS Market for AC Charging Stations, By Location, 2013–2022 (USD Million)
Table 19 EVCS Market for AC Charging Stations, By Region, 2013–2022 (USD Million)
Table 20 EVCS Market for Dc Charging Stations, By Location, 2013–2022 (USD Million)
Table 21 Dc Charging Station Market, By Region, 2013–2022 (USD Million)
Table 22 EVCS Market for Inductive Charging Stations, By Location, 2013–2022 (USD Million)
Table 23 EVCS Market for Inductive Charging Stations, By Region, 2013–2022 (USD Million)
Table 24 EVCS Market, By Connector Type, 2013–2022 (USD Million)
Table 25 EVCS Market for Chademo Connectors, By Region, 2013–2022 (USD Million)
Table 26 EVCS Market for CCS Connectors, By Region, 2013–2022 (USD Million)
Table 27 EVCS Market for Other Connectors, By Type, 2013–2022 (USD Million)
Table 28 EVCS Market for Other Connectors, By Region, 2013–2022 (USD Million)
Table 29 EVCS Market, By Location, 2013–2022 (USD Million)
Table 30 EVCS Market for Private Charging Stations, By Charging Station, 2013–2022 (USD Million)
Table 31 EVCS Market for Private Charging Stations, By Region, 2013–2022 (USD Million)
Table 32 EVCS Market for Public Charging Stations , By Charging Station, 2013–2022 (USD Million)
Table 33 EVCS Market for Public Charging Stations, By Region, 2013–2022 (USD Million)
Table 34 EV Market, By Region, 2013–2022 (USD Billion)
Table 35 EVCS Market, By Region, 2013–2022 (USD Million)
Table 36 EV Market in the Americas, By Region, 2013–2022 (USD Billion)
Table 37 EVCS Market in the Americas, By Region, 2013–2022 (USD Million)
Table 38 EV Market in North America, By Country, 2013–2022 (USD Billion)
Table 39 EVCS Market in North America, By Country, 2013–2022 (USD Million)
Table 40 EVCS Market in the Americas, By Charging Station, 2013–2022 (USD Million)
Table 41 EVCS Market for AC Charging Station S in the Americas, By Type, 2013–2022 (USD Million)
Table 42 EVCS Market in the Americas, By Connector Type, 2013–2022 (USD Million)
Table 43 EVCS Market for Other Connectors in the Americas, By Type, 2013–2022 (USD Million)
Table 44 EVCS Market in the Americas, By Location, 2013–2022 (USD Million)
Table 45 EV Market in Europe, By Country, 2013–2022 (USD Billion)
Table 46 EVCS Market in Europe, By Country, 2013–2022 (USD Million)
Table 47 EVCS Market in Europe, By Charging Station, 2013–2022 (USD Million)
Table 48 EVCS Market for AC Charging Stations in Europe, By Type, 2013–2022 (USD Million)
Table 49 EVCS Market in Europe, By Connector Type, 2013–2022 (USD Million)
Table 50 EVCS Market for Other Connectors in Europe, By Type, 2013–2022 (USD Million)
Table 51 EVCS Market in Europe, By Location, 2013–2022 (USD Million)
Table 52 EV Market in APAC, By Country, 2013–2022 (USD Billion)
Table 53 EVCS Market in APAC, By Country, 2013–2022 (USD Million)
Table 54 EVCS Market in APAC, By Charging Station, 2013–2022 (USD Million)
Table 55 EVCS Market for AC Charging Station S in APAC, By Type, 2013–2022 (USD Million)
Table 56 EVCS Market in APAC, By Connector Type, 2013–2022 (USD Million)
Table 57 EVCS Market for Other Connectors in APAC, By Type, 2013–2022 (USD Million)
Table 58 EVCS Market in APAC, By Location, 2013–2022 (USD Million)
Table 59 EV Market in RoW, By Region, 2013–2022 (USD Billion)
Table 60 EVCS Market in RoW, By Region, 2013–2022 (USD Million)
Table 61 EVCS Market in RoW, By Charging Station, 2013–2022 (USD Million)
Table 62 EVCS Market for AC Charging Stations in RoW , By Type, 2013–2022 (USD Million)
Table 63 EVCS Market in RoW, By Connector Type, 2013–2022 (USD Million)
Table 64 EVCS Market for Other Connectors in RoW, By Type, 2013–2022 (USD Million)
Table 65 EVCS Market in RoW, By Location, 2013–2022 (USD Million)
Table 66 New Product Developments, 2012–2015
Table 67 Partnerships, 2012–2015
Table 68 Agreements, Collaborations, and Contracts, 2012–2015
Table 69 Acquisitions, Expansions, and Pooling of Investments, 2012–2015


List of Figures (64 Figures)

Figure 1 Research Methodology
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions of the Research Study
Figure 6 Electric Vehicle Market Segmentation
Figure 7 BEVS Expected to Be the Largest Market for EVs During the Forecast Period
Figure 8 Electric Vehicle Market, By Region, 2016
Figure 9 Electric Vehicle Charging Stations Market Segmentation
Figure 10 Electric Vehicle Charging Station Market, By Charging Station, 2015
Figure 11 Electric Vehicle Charging Station Market, By Connector Type, 2015
Figure 12 Electric Vehicle Charging Stations Market, By Region, 2016
Figure 13 BEVS to Hold the Largest Share of the Overall Electric Vehicle Market During the Forecast Period
Figure 14 Attractive Growth Opportunities for the Electric Vehicle Charging Stations Market
Figure 15 Chademo Connectors Expected to Hold the Largest Market Share in 2016
Figure 16 U.S. Expected to Account for the Largest Share of the EVCS Market in 2016
Figure 17 AC Charging Stations Expected to Be the Largest Market Between 2016 and 2022
Figure 18 EV and EVCS Market Segmentation, By Geography
Figure 19 DROC: Electric Vehicle Charging Stations Market, 2015
Figure 20 Major Value Addition is Done During the Manufacturing and Assembling Phase
Figure 21 Porter’s Five Forces Analysis (2015)
Figure 22 EV Charging Stations Market: Porter’s Five Forces Analysis
Figure 23 EV Charging Stations Market: Intensity of Competitive Rivalry
Figure 24 EV Charging Stations Market: Threat of Substitutes
Figure 25 EV Charging Stations Market: Bargaining Power of Buyers
Figure 26 EV Charging Stations Market: Bargaining Power of Suppliers
Figure 27 EV Charging Stations Market: Threat of New Entrants
Figure 28 EV Market Segmentation, By Vehicle Type
Figure 29 BEVS Expected to Hold the Largest Share of the EV Market Between 2016 and 2022
Figure 30 Electric Vehicle Battery Market Share, 2015
Figure 31 EVCS Market Segmentation, By Charging Station
Figure 32 Level 1 Expected to Hold the Largest Share of the Market for AC Charging Stations Between 2016 and 2022
Figure 33 Private Charging Stations Estimated to Lead the Market for Level 2 AC Charging Stations During Forecast Period
Figure 34 Private Charging Stations Estimated to Lead the Market for AC Charging Stations
Figure 35 APAC Estimated to Lead the Market for Dc Charging Stations Between 2016 and 2022
Figure 36 EVCS Market Segmentation, By Connector Type
Figure 37 Americas Estimated to Lead the Market for CCS Connectors Between 2016 and 2022
Figure 38 EVCS Market Segmentation, By Location
Figure 39 AC Charging Stations Expected to Hold the Largest Share of the Market for Private Charging Stations Between 2016 and 2022
Figure 40 The EVCS Market in Canada is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 41 EVCS Market Snapshot of the Americas (2013–2022): A Majority of the Demand is Likely to Be Driven By North America
Figure 42 Other Connectors Estimated to Lead the EVCS Market in the Americas
Figure 43 Chademo Estimated to Lead the European EVCS Market
Figure 44 Asia-Pacific: EVCS Market Snapshot (2013–2022)
Figure 45 Chademo Expected to Hold for A Large Share of the EVCS Market in APAC During the Forecast Period
Figure 46 The Middle East Expected to Lead the EV Market Between 2016 and 2022
Figure 47 AC Charging Stations Estimated to Lead the EVCS Market in RoW Between 2016 and 2022
Figure 48 Companies Adopted New Product Developments as A Key Growth Strategy Between 2012 and 2015
Figure 49 Ranking of Top Five Players: Electric Vehicle Charging Stations Market, 2015
Figure 50 Battle for Market Share: New Product Developments Was the Key Strategy
Figure 51 Geographic Revenue Mix of the Major Market Players
Figure 52 ABB Ltd.: Company Snapshot
Figure 53 ABB Ltd.: SWOT Analysis
Figure 54 Aerovironment, Inc.: Company Snapshot
Figure 55 Aerovironment Inc.: SWOT Analysis
Figure 56 Elektromotive Limited: SWOT Analysis
Figure 57 General Electric Company: Company Snapshot
Figure 58 General Electric Company: SWOT Analysis
Figure 59 Schneider Electric SE: Company Snapshot
Figure 60 Schneider Electric SE: SWOT Analysis
Figure 61 Delphi Automotive PLC.: Company Snapshot
Figure 62 Eaton Corporation PLC.: Company Snapshot
Figure 63 Siemens AG: Company Snapshot
Figure 64 Tesla Motors Inc.: Company Snapshot

An electric vehicle (EV), also referred to as an electric drive vehicle, uses one or more electric motors for propulsion. The electric vehicle market is expected to reach USD 342.50 Billion by 2022, at a CAGR of 61.0% between 2016 and 2022. Battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) are two types of electric vehicles described in this research report. BEVs are expected to lead the EV market during the forecast period. BEVs have various advantages such as comparatively longer driving range than PHEVs, no direct emissions, smooth operation, stronger acceleration, and less maintenance than ICEs. Some of the leading BEV models are BMW i3, BYD e6, Chevy Spark EV, Kia Soul EV, Mercedes-Benz B-Class Electric, Mitsubishi I, Nissan Leaf, Renault Zoe, Tesla Model S, Tesla Model X, and VW e-Up!.

The electric vehicle charging stations market is estimated to reach USD 12.61 Billion by 2022, at a CAGR of 29.8% between 2016 and 2022. An electric vehicle charging station is an element in an infrastructure that supplies the electricity required to recharge battery electric vehicles (BEV) or plug-in-hybrid electric vehicles (PHEV) batteries. The need for electric vehicle charging stations is growing rapidly due to the expanding customer base for BEVs and PHEVs.

CHAdeMO connectors are estimated to hold a large share of the market for electric vehicle charging stations during the forecast period. CHAdeMO connectors have various advantages such as the independence between the AC and DC inlets of CHAdeMO that allows a flexible vehicle design; EV drivers can charge their EVs according to their requirement of AC or DC inputs as these inlets for charging are not dependent on each other. Further, the design of CHAdeMO ensures optimal utilization of time, space, and money for EV users. It allows users to regain mobility in a short time, as it can charge an EV battery within 30 minutes. This reduces the occupancy of charging spots by a single EV user.

Private charging stations are estimated to lead the overall electric vehicle charging stations market between 2016 and 2022. This is mainly because many EV and PHEV owners rely on charging their vehicles overnight at home to ensure that their EV is ready for use the next day. Further, a home charging station requires a dedicated circuit or it can be a portable system.

Electric Vehicle Charging Stations Market

APAC accounted for the largest share of the electric vehicle charging stations market in 2015. The growth is mainly due to high EV infrastructure spending and the increasing use of electric vehicles in countries such as China and Japan. Further, countries such as South Korea and India are taking huge initiatives to reduce greenhouse gas emissions by increasing the production of electric vehicles across the country and investing for the expansion of the charging infrastructure.

One of the key restraining factors for the growth of this market is high pricing and short range of electric vehicles. The range of electric vehicles is shorter than that of fuel-based cars. Users usually prefer covering a long range without any interruption, especially for long-route trips; this factor could stop them from purchasing EVs. Further, the pricing of EVs is also a constraint. EVs are more expensive than conventional vehicles. The high cost of EVs could lower their demand, hindering their deployment and the growth of the EVCS market. However, in the near future, it is expected that the price of EVs would drop, thus leading a high adoption of EVs.

The key market players such as ABB Ltd. (Switzerland) and Schneider Electric SE (France) strategically collaborate and form alliances with different companies to expand their electric vehicle charging infrastructure business.

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