Electric Vehicle Charging Station Market by Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region - Global Forecast to 2027
[270 Pages Report] The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1%. Factors such as rising sales of EVs around the world, along with the growing demand for zero emission transport will boost the demand for the electric vehicle charging station market. Developments in technologies like portable charging stations, bi-directional charging, smart charging with load management, usage based analytics and automated payment along with development of ultra-fast charging technology will create new opportunities for this market. The upcoming standardization (expected around 2025 with Tesla already providing ports for CCS, CHAdeMO already having GB/T ports as of December 2021) of charging ports and government regulations by the world’s top economies has been increasing the speed of setup of electric vehicle charging stations.
Attractive Opportunities in the Electric Vehicle Charging Station Market
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Impact of COVID-19 on the Global Market
The COVID-19 pandemic had a moderate impact on the EV charging business in early 2020 due to lockdowns. Due to the growing demand for EVs and related markets during the pandemic owing to incentives from governments around the world, the demand for EV charging stations increased in 2021. Top charging station manufacturers and network operators expanded their number of private and public EV chargers around the world. Shell, for instance, had over 250,000 EV charging stations globally as of December 2021, a big increase from less than 50,000 in 2020. ABB also had over 400,000 EV charging stations as of December 2021, an increase of more than 100% compared to the previous year. All other charging station manufacturers and network providers have also increased their EV charging offerings. With the strong push from governments around the world to phase out ICE vehicles, this market was less impacted during the pandemic.
Market Dynamics:
Driver: Rising EV sales worldwide will increase demand for EV charging stations
An increase in the adoption and use of electric vehicles has accentuated the need to develop charging infrastructure. Leading markets for electric vehicles such as China, the US, and Germany are investing significantly in EV charging infrastructure along with research & development for faster and more efficient charging methods. Significant investments by automakers are expected to cater to the rising demand for EVs and play a major role in the evolution of the market. Tesla, Volkswagen, Ford, Nissan, BMW, and General Motors have significant R&D budgets for the development of EVs. In 2020, the world saw a 41% growth with around 3 million EV sales despite the impact of COVID-19 in the market, while the overall automobile market reduced by 6%. This indicates a growing demand for electric vehicles., which will, in turn, boost the market for EV charging stations. While the majority of EV users install a Level 1 or Level 2 EV charging device in their home or residential complex, there has also been a growing demand for public charging stations around the world. With the growing EV sales around the world, the demand for EV charging stations will increase.
OEMs offer a wide range of electric vehicles, from small hatchbacks such as Leaf to high-end sedans such as Tesla model 3. The wide range of product offerings has attracted a high number of consumers, resulting in an increased market for electric vehicles. For instance, in October 2021, GM announced plans to invest USD 35 billion to develop and achieve more than one million EV sales and other technology by 2025. The company plans to go all electric by 2035. Similarly, Ford plans to increase its EV production capacity to 600,000 per annum by 2023 as announced in November 2021. It plans to make 40% of its vehicle offerings electric by 2030. Similarly, Volkswagen announced plans to invest USD 86.3 billion to speed up its EV plans by 2030. Other companies like Tesla, Nissan, and BMW, among others, have also made significant developments and plans for the upcoming EV demand in the coming 5-10 years. These investments and policies are expected to help boost the growth of the electric vehicle charging station market during the next decade.
Restraint: Lack of standardization of current EV charging infrastructure
Factors such as the growth of the electric vehicle market and variations in charging loads have emphasized the need for the standardization of electric vehicle charging stations. Certain EV charging stations may only be compatible with a certain type of voltage. For instance, AC charging stations provide a voltage of 120V AC through level 1 charging stations and 208/240V AC through level 2 charging stations. On the other hand, DC charging stations provide fast charging through 480V AC.
Governments need to standardize charging infrastructure for the development of a favorable ecosystem and an increase in the sales of EVs. Different countries use different standards for fast charging. Japan uses CHAdeMO; Europe, the US, and South Korea use CCS; and China uses GB/T. The Indian government had mandated the installation of both CHAdeMO and CCS methods since India has not reached standardization in fast charging methods. Though, this mandate increased the installation cost of charging stations, and, hence, in July 2019, the government changed the guidelines and allowed charging station developers to choose the method they prefer. The US-based electric car maker Tesla uses high-performance superchargers that are unique to Tesla and cannot be used for other EVs. The lack of standardization across countries may impact the installation of charging stations and hamper the growth of the market.
Opportunity:Use of V2G EV charging stations for electric vehicles
Vehicle-to-Grid (V2G) EV charging is a system that has a bi-directional electrical energy flow between plug-in EVs and the power grid. The V2G technology enables EVs to store unused power and discharge it to the grid. This can improve the electrical component’s performance and add value for EV owners. The introduction of this concept has eased electric vehicle charging operations and made EVs one of the most preferred modes of transportation. Thus, the entire charging station market plays a vital role in the connection of the grid to the electric vehicle to enable the vehicle’s charging.
Enel Energia S.p.A. installed 2 V2G electric car charging stations at the Genoa headquarters of the Italian Institute of Technology. The installation is a part of MOV-E, a corporate electric car sharing pilot project in collaboration with Nissan. Nissan provided two battery EVs (LEAF model) to the Italian Institute of Technology, as well as an app management platform, Glide. The agreement between Enel and Nissan signifies a change in the world of technology in terms of sustainable mobility. Thus, the V2G charging technology is a key opportunity for manufacturers as it is expected to transform the world of EVs and shape the future of EV charging. Although the V2G infrastructure is more valuable than smart charging, the initial cost for the installation of V2G charging stations is significantly high. The consistent and anticipated evolution of V2G technology is expected to offer opportunities for EV connector manufacturers to introduce advanced connectors to withstand electrical architecture.
Challenge: Stringent rules for installation of EV charging stations
Governments of different countries have implemented stringent rules that govern the installation of charging stations. Service providers are required to follow a certain set of instructions while installing charging stations. They require approval from plot owners when the installation is on private property, local governments in terms of regulatory mandates, and utility providers for energy transfer. For instance, homeowners or contractors are required to submit plot plans, electrical load calculations, electrical plans, installation instructions, and charger specifications to the local permitting office to obtain permits for the installation of residential EV charging stations. The procedures for the installation of EV charging stations are more complex in commercial locations than residential locations. A commercial installation requires permits, community or design guidelines, electrical source or metering, parking and signage requirements, zoning requirements, and inspection fees. Thus, the installation of charging stations is complex as many stages are involved in the value chain.
Level 3 segment is estimated to account for the fastest-growing market during the forecast period
Level 3 charging is expected to be the fastest-growing segment by level of charging during the forecast period. The Asia Pacific region currently has the highest number of level 3 EV charging stations due to the high growth of EV usage in countries such as China, Japan, and South Korea. It is also expected to be the region where level 3 charging stations are expected to grow the fastest. In this region, the fast plug and charge options are preferred to home charging or waiting long hours for vehicles to charge. China’s significant expansion in the EV infrastructure led to the highest growth of level 3 charging in the Asia Pacific region. In Europe, level 3 charging is led by countries such as the Netherlands, the UK, France, and Germany. These countries have collaborated with major automobile manufacturers and charging service providers to increase their EV charging network. These measures make Europe the second-highest growing market for level 3 charging. The North American region is led by the US, which has also started implementing measures to increase EVs on roads. 13 US states, including California, Maryland, Oklahoma, and Washington, have been at the forefront of increasing EV usage in their states. While these states have well-developed level 3 charging networks, the rest of the US has yet to increase EV usage and infrastructure.
Public chargers will be the fastest-growing segment during the forecast period
The availability of public EV charging plays an important role to purchase electric vehicles across the globe. Public charging and access to fast charging are viewed as key criteria when buying an electric vehicle. This is anticipated to bolster revenue growth for the public charging segment. The Asia Pacific region continues to install public chargers at a significant rate due to the rising number of EV users, especially in China, India, and South Korea. These countries have implemented policies to increase the usage of EVs by providing subsidies and reduced taxes. They also encourage the growth of EV manufacturers and related industries by providing grants or implementing preferential policies for EV-related companies to enable them to expand faster. A steady surge in economic growth, urbanization, travel demand, etc., coupled with increasing investments toward electric mobility to contribute to energy storage and environmental sustainability is anticipated to bolster the growth of the public charging station segment.
The North American public EV charging market has been driven by the US, which witnessed an increasing number of EV users, especially in 13 states, such as California, Maryland, etc., and the trend is expected to extend to other states, leading to the high growth of the public charging segment during the coming years. In the European region, the leading EV users include the UK, the Netherlands, Norway, France, and Germany. Other countries are also expected to increase the use of EVs during the coming years, subsequently leading to the growth of EV infrastructure.
“Asia Pacific is expected to be the fastest-growing market in the forecast period.”
The Asia Pacific region comprises of countries such as China, India, Japan and South Korea. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global electric vehicle charging station market and, hence, have adopted various initiatives to attract major OEMs for the manufacture of electric vehicle charging infrastructure in domestic markets. For instance, charging network providers for EV charging stations have partnered with various OEMs to sponsor free EV charging to EV drivers. This has led to an increase in electric vehicle production in recent years, which caters to domestic as well as overseas demand. Japan and China export electric vehicles and charging solutions across the globe. Governments are also encouraging private players to introduce public charging points by providing subsidized electricity rates. China is investing significantly in the production of electric vehicle charging stations to provide charging solutions for the increasing number of EVs in the country. OEMs such as BYD also plan to establish production plants in other parts of the world for the manufacture of electric buses and electric trucks to meet the regional demand. These factors are expected to drive the market in the Asia Pacific region. Many new startups and existing top domestic companies have established their presence in this regional market. For instance, Star Charge has expanded to become one of China’s top EV charging providers. Similarly, Jio in India plans to work with BP to speed up the development of EV charging in the country.
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Key Market Players
The electric vehicle charging station market is dominated by major charging providers including ABB (Switzerland), Shell (Netherlands), ChargePoint (US), Tesla (US), and BYD (China). They develop products and provide service offerings for the electric vehicle charging ecosystem. They have initiated partnerships to develop their EV charging technology and provide finished products and charging services to their respective customers for the market.
Report Details:
|
Report Attribute |
Details |
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Base year for estimation |
2021 |
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Forecast period |
2022 – 2027 |
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Market Growth forecast |
14.6 Mn Units * by 2027 at a CAGR of 44.1% |
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Top Players |
ABB (Switzerland), Shell (Netherlands), ChargePoint (US), Tesla (US) and BYD (China) |
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Fastest Growing Market |
Asia Pacific |
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Largest Market |
Asia Pacific |
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Segments covered |
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By Level of Charging |
Level 1, Level 2, Level 3 |
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By Charging Point Type |
AC (Normal Charging), DC (Super Charging) |
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By Application |
Private, Public |
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By Charging Infrastructure Type |
Normal Charging, Type-2, CHAdeMO, CCS, Tesla SC, GB/T |
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By Installation Type |
Fixed, Portable |
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By DC Fast Charging |
Fast Charger, Ultra-fast Charger |
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By IOT Connectivity |
Non-Connected Charging Stations, Smart Connected Charging Stations (Networked) |
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By Charging Service |
EV Charging Service, Batterey Swapping Service |
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By Electric Bus Charging Type |
Off-board Top-down Pantograph, On-board Bottom-up Pantgraph, Charging Via Connector |
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By Region |
North America – US, Canada |
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Europe – Austria, Denmark, France, Germany, Netherlands, Norway, Spain, Sweden, Sweden, Switzerland, UK |
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Asia Pacific – China, India, Japan, South Koreaa |
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Additional Customization to be offered |
by charging level, at the country-level (for countries covered in the report) |
*Note: Parked data used for this report
Recent Developments
- In November 2021, Tesla launched its new version of Gen 2 wall connector with J1772 connector. Unlike its previous charging stations, this EV charging station is compatible with all kinds of EVs available in the North American market.
- In October 2021, Tesla launched and deployed its first Megacharger to charge its semi-electric truck. The concept was introduced in 2017 when Tesla launched its Semi.
- In October 2021, ABB and Amazon AWS launched a fleet management tool for public EV chargers. The cloud-based service called Panion EV charge planning will help operators manage power in a more efficient way.
- In September 2021, ABB launched the world’s fastest EV charging station Terra 360, which can charge most EVs in less than 15 minutes. It can deliver 100 km range in less than 3 minutes. This is made for public charging stations and can charge up to 4 EVs simultaneously.
- In July 2021, Shell launched a new version of its Home charging system with NewMotion Connect features.
- In June 2021, ChargePoint introduced a highly competitive and comprehensive electric fleet charging portfolio. It uses ChargePoint’s AC and DC charging systems and optimizes costs, charging time, energy usage, and fuel cost of EV fleets.
- In January 2021, BYD launched and certified its new 150 kW DC Plug-in CCS Type 1 Charger. It was tested for international standards for safety and equipment life. This charger was mainly developed for electric buses and trucks.
Frequently Asked Questions (FAQ):
What is the current size of the global electric vehicle charging station market?
The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1.
Who are the winners in the global electric vehicle charging station market?
The electric vehicle charging station market is dominated by major charging providers including ABB (Switzerland), Shell (Netherlands), ChargePoint (US), Tesla (US) and BYD (China). They develop products and provide service offerings for the electric vehicle charging ecosystem. They have initiated partnerships to develop their EV charging technology and provide finished products and charging services to their respective customers for the electric vehicle charging station market.
What is the Covid-19 impact on the EV charging station manufacturers?
Most top EV charging station and component manufacturers suffered moderately in the initial months of Covid-19 due to lockdown. However, this market wasn’t much affected by the pandemic due to the growing demand for electric vehicles and zero emission transport during the pandemic which led to an increase in demand for electric vehicle charging stations in the global market.
Which region will have the fastest-growing market for electric vehicle charging stations?
The Asia Pacific region will the fastest growing market for EV charging stations due to the huge volume of EVCS setup in the region. Europe will also have a high demand for EV charging due to the incentives and regulations by the countries in the region. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 23)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 INCLUSIONS & EXCLUSIONS IN ELECTRIC VEHICLE CHARGING STATION MARKET
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY & PRICING
TABLE 2 CURRENCY EXCHANGE RATES
1.5 PACKAGE SIZE
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 31)
2.1 RESEARCH DATA
FIGURE 2 ELECTRIC VEHICLE CHARGING STATION MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources for electric vehicle charging station market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.1 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE: BOTTOM-UP APPROACH
FIGURE 7 ELECTRIC VEHICLE CHARGING STATION: MARKET SIZE ESTIMATION & VALIDATION PROCESS – SUPPLY SIDE
2.2.2 TOP-DOWN APPROACH
2.2.3 TOP-DOWN APPROACH: ELECTRIC VEHICLE CHARGING STATION MARKET
FIGURE 8 ELECTRIC VEHICLE CHARGING STATION: MARKET ESTIMATION NOTES
FIGURE 9 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION METHODOLOGY
2.4 FACTOR ANALYSIS
FIGURE 11 FACTOR ANALYSIS: EV CHARGING STATION MARKET
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 45)
FIGURE 12 ELECTRIC VEHICLE CHARGING STATION MARKET: MARKET OVERVIEW
FIGURE 13 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
FIGURE 14 INTERESTING FACTS ON EV CHARGING
FIGURE 15 BY CHARGING POINT TYPE, AC SEGMENT ESTIMATED TO LEAD MARKET IN 2022
FIGURE 16 KEY PLAYERS IN MARKET
3.1 COVID-19 IMPACT ON MARKET
4 PREMIUM INSIGHTS (Page No. - 51)
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC VEHICLE CHARGING STATION MARKET
FIGURE 17 INCREASING DEMAND FOR ZERO-EMISSION MOBILITY TO DRIVE MARKET
4.2 MARKET, BY LEVEL OF CHARGING
FIGURE 18 LEVEL 2 CHARGING ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD
4.3 MARKET, BY CHARGING POINT TYPE
FIGURE 19 DC SEGMENT PROJECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD
4.4 MARKET, BY CHARGING INFRASTRUCTURE TYPE
FIGURE 20 TYPE-2 SEGMENT TO OCCUPY LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 MARKET, BY APPLICATION
FIGURE 21 PUBLIC SEGMENT ESTIMATED TO LEAD MARKET BY 2027
4.6 ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE
FIGURE 22 ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.7 MARKET, BY INSTALLATION TYPE
FIGURE 23 PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.8 MARKET, BY IOT CONNECTIVITY
FIGURE 24 SMART CONNECTED CHARGING STATIONS SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
4.9 MARKET, BY REGION
FIGURE 25 ASIA PACIFIC ESTIMATED TO BE LARGEST MARKET IN 2022
5 MARKET OVERVIEW (Page No. - 56)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 ELECTRIC VEHICLE CHARGING STATION: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising EV sales worldwide will increase demand for EV charging stations
TABLE 3 GLOBAL EV SALES DISTRIBUTION OVER THE YEARS
5.2.1.2 Government policies and subsidies to support faster setup of EV charging stations
FIGURE 27 EV SHIFT AND TARGETS OF COUNTRIES AROUND THE WORLD
TABLE 4 REGION-WISE EV AND CHARGING STATION SCENARIO
5.2.1.3 Increasing vehicle range per charge will boost EV and EV charging station demand
5.2.1.4 Reducing price of EVs in global market will boost EV sales and EVCS demand
FIGURE 28 PRICE REDUCTION IN EV BATTERY OVER THE YEARS
5.2.2 RESTRAINTS
5.2.2.1 Lack of standardization of charging infrastructure
FIGURE 29 TYPES OF EV CHARGING SOCKETS
5.2.2.2 Primitive power grid infrastructure
FIGURE 30 US GRID SCENARIO AND LIMITS FOR RAPID EV POPULARIZATION
5.2.3 OPPORTUNITIES
5.2.3.1 Use of V2G EV charging stations for electric vehicles
FIGURE 31 V2G INFRASTRUCTURE FOR EV CHARGING STATIONS
5.2.3.2 Use of IoT and smart infrastructure in EV charging stations for load management
FIGURE 32 SMART IOT-BASED TECHNOLOGY USED IN EV CHARGING STATIONS
5.2.3.3 Development of EV charging stations using renewable sources
FIGURE 33 EV CHARGING USING SOLAR POWER
5.2.3.4 Growing demand for battery swapping EV charging stations
FIGURE 34 BATTERY AS A SERVICE IN EV CARS
5.2.4 CHALLENGES
5.2.4.1 Higher initial cost of EVs compared to ICE vehicles
5.2.4.2 Stringent rules for installation of EV charging stations
5.2.4.3 Significant dependence on fossil fuel electricity generation & limited production in developing countries
FIGURE 35 FOSSIL FUELS STILL MAJOR SOURCE OF GLOBAL ENERGY CONSUMPTION
TABLE 5 ELECTRIC VEHICLE CHARGING STATION MARKET: IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES
FIGURE 36 PORTER’S FIVE FORCES: MARKET
TABLE 6 MARKET: IMPACT OF PORTERS 5 FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 RIVALRY AMONG EXISTING COMPETITORS
5.4 ELECTRIC VEHICLE CHARGING STATION MARKET ECOSYSTEM
FIGURE 37 MARKET: ECOSYSTEM ANALYSIS
5.4.1 EV SUPPLY EQUIPMENT PROVIDERS (CHARGING STATION MANUFACTURERS)
5.4.2 EV CHARGING OPERATORS AND SERVICE PROVIDERS
5.4.3 OEMS
5.4.4 END USERS
TABLE 7 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
FIGURE 38 VALUE CHAIN ANALYSIS OF ELECTRIC VEHICLE CHARGING STATION MARKET
5.6 PRICING ANALYSIS
TABLE 8 ELECTRIC VEHICLE CHARGING STATION COST SUMMARY
FIGURE 39 CHARGING ECONOMICS COMPARISON
5.7 PATENT ANALYSIS
TABLE 9 IMPORTANT PATENT REGISTRATIONS RELATED TO THE EV CHARGING STATION MARKET
5.8 CASE STUDY
5.8.1 INVADE: AN EUROPEAN SMART CHARGING CASE
5.8.2 SIZING OF ELECTRIC VEHICLE CHARGING STATIONS WITH SMART CHARGING CAPABILITIES AND QUALITY OF SERVICE REQUIREMENTS
5.8.3 CASE STUDY ON DEVELOPMENT OF LOAD BALANCING SOLUTION FOR EV CHARGING
5.8.4 A CASE STUDY ON EV CHARGING IN INDIA
5.9 TECHNOLOGY ANALYSIS
5.9.1 TURBO-CHARGING FOR EVS
FIGURE 40 PORSCHE TAYCAN TURBOCHARGING THROUGH A MOBILE CHARGING STATION
5.9.2 SMART CHARGING SYSTEM
FIGURE 41 SMART EV CHARGING SYSTEM
5.9.3 WIRELESS POWER TRANSFER
FIGURE 42 WIRELESS EV CHARGING SYSTEM
5.9.4 BIDIRECTIONAL CHARGERS
FIGURE 43 BI-DIRECTIONAL EV CHARGING SYSTEM
5.10 REGULATORY OVERVIEW
5.10.1 NETHERLANDS
TABLE 10 NETHERLANDS: ELECTRIC VEHICLE INCENTIVES
TABLE 11 NETHERLANDS: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES
5.10.2 GERMANY
TABLE 12 GERMANY: ELECTRIC VEHICLE INCENTIVES
TABLE 13 GERMANY: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES
5.10.3 FRANCE
TABLE 14 FRANCE: ELECTRIC VEHICLE INCENTIVES
TABLE 15 FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES
5.10.4 UK
TABLE 16 UK: ELECTRIC VEHICLE INCENTIVES
TABLE 17 UK: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES
5.10.5 CHINA
TABLE 18 CHINA: ELECTRIC VEHICLE INCENTIVES
TABLE 19 CHINA: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES
5.10.6 US
TABLE 20 US: ELECTRIC VEHICLE INCENTIVES
TABLE 21 US: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES
5.10.7 CANADA
5.11 TRENDS AND DISRUPTIONS
FIGURE 44 ELECTRIC VEHICLE CHARGING STATION MARKET: TRENDS AND DISRUPTIONS
5.11.1 THE EVOLUTION OF EV CHARGING BUSINESS
5.12 MAJOR DEVELOPMENTS IN THE EV MARKET IN 2021
FIGURE 45 NOTABLE EVENTS IN EV MARKET IN Q1 2021
FIGURE 46 NOTABLE EVENTS IN EV MARKET IN Q2 2021
FIGURE 47 NOTABLE EVENTS IN EV MARKET IN Q3 2021
FIGURE 48 NOTABLE EVENTS IN EV MARKET IN Q4 2021
5.13 OPPORTUNITIES IN EV CHARGING
FIGURE 49 OPPORTUNITIES IN EV CHARGING AROUND THE WORLD
5.14 MARKET: COVID-19 IMPACT
5.14.1 IMPACT ON RAW MATERIAL SUPPLY
5.14.2 COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY
5.14.3 OEM ANNOUNCEMENTS
TABLE 22 OEM ANNOUNCEMENTS
5.14.4 IMPACT ON EV CHARGING STATION PRODUCTION
5.15 ELECTRIC VEHICLE CHARGING STATION MARKET SCENARIOS (2022–2027)
FIGURE 50 MARKET – FUTURE TRENDS & SCENARIOS, 2022–2027 (THOUSAND UNITS)
5.15.1 MOST LIKELY SCENARIO
TABLE 23 MOST LIKELY SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)
5.15.2 OPTIMISTIC SCENARIO
TABLE 24 OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)
5.15.3 PESSIMISTIC SCENARIO
TABLE 25 PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)
6 ELECTRIC VEHICLE CHARGING STATION MARKET, BY ELECTRIC BUS CHARGING TYPE (Page No. - 96)
6.1 INTRODUCTION
FIGURE 51 COMPARISON OF DEPOT AND OPPORTUNITY CHARGING
FIGURE 52 COMPARISON OF TOP-DOWN AND BOTTOM-UP PANTOGRAPH FOR E-BUS CHARGING
6.2 OFF-BOARD TOP-DOWN PANTOGRAPH
6.3 ON-BOARD BOTTOM-UP PANTOGRAPH
6.4 CHARGING VIA CONNECTOR
7 ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING (Page No. - 100)
7.1 INTRODUCTION
FIGURE 53 LEVEL 3 CHARGING PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 26 MARKET, BY LEVEL OF CHARGING, 2018–2021 (THOUSAND UNITS)
TABLE 27 ELECTRIC VEHICLE CHARGING STATIONS MARKET, BY LEVEL OF CHARGING, 2022–2027 (THOUSAND UNITS)
7.2 OPERATIONAL DATA
TABLE 28 EV CHARGING STATIONS PROVIDED BY TOP PROVIDERS
7.2.1 ASSUMPTIONS
TABLE 29 ASSUMPTIONS: BY LEVEL OF CHARGING
7.3 RESEARCH METHODOLOGY
7.4 LEVEL 1 (<3.7 KW)
7.4.1 LOW ENERGY CONSUMPTION TO BOOST MARKET FOR LEVEL 1
TABLE 30 LEVEL 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 31 LEVEL 1 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
7.5 LEVEL 2 (3.7–22 KW)
7.5.1 GROWING DEMAND FOR OVERNIGHT CHARGING TO SPEED UP DEMAND FOR LEVEL 2 CHARGING
TABLE 32 LEVEL 2 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 33 LEVEL 2 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
7.6 LEVEL 3 (ABOVE 22 KW)
7.6.1 DEMAND FOR CHARGING VEHICLES FASTER WILL LEAD TO SETUP OF LEVEL 3 CHARGING STATIONS
TABLE 34 LEVEL 3 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 35 LEVEL 3 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
7.7 KEY PRIMARY INSIGHTS
8 ELECTRIC VEHICLES CHARGING STATION MARKET, BY CHARGING POINT TYPE (Page No. - 109)
8.1 INTRODUCTION
FIGURE 54 SUPER CHARGING SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 36 ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 37 MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
8.2 OPERATIONAL DATA
TABLE 38 LEADING EV CHARGING PROVIDERS GLOBALLY
8.2.1 ASSUMPTIONS
TABLE 39 ASSUMPTIONS: BY CHARGING POINT TYPE
8.3 RESEARCH METHODOLOGY
8.4 AC (NORMAL CHARGING)
TABLE 40 MARKET FOR AC (NORMAL CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 41 MARKET FOR AC (NORMAL CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)
8.5 DC (SUPER CHARGING)
TABLE 42 MARKET FOR DC (SUPER CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 43 MARKET FOR DC (SUPER CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)
8.6 INDUCTIVE CHARGING
FIGURE 55 INDUCTIVE EV CHARGING
8.7 KEY PRIMARY INSIGHTS
9 ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION (Page No. - 117)
9.1 INTRODUCTION
TABLE 44 MARKET, BY APPLICATION, 2018–2021 (THOUSAND UNITS)
TABLE 45 MARKET, BY APPLICATION, 2022–2027 (THOUSAND UNITS)
FIGURE 56 PUBLIC SEGMENT PROJECTED TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD (2022–2027)
9.2 OPERATIONAL DATA
TABLE 46 LEADING EV CHARGE TYPE PROVIDERS ACROSS THE WORLD
9.2.1 ASSUMPTIONS
TABLE 47 ASSUMPTIONS: BY APPLICATION
9.3 RESEARCH METHODOLOGY
9.4 PRIVATE
9.4.1 INCORPORATION OF NEW TECHNOLOGIES AND LOW COST OF CHARGING TO DRIVE PRIVATE CHARGING MARKET
TABLE 48 ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 49 ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
9.5 PUBLIC
9.5.1 STRONG GOVERNMENT SUPPORT TO INSTALL PUBLIC CHARGING FOR EVS TO DRIVE MARKET
TABLE 50 ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 51 ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
9.6 KEY PRIMARY INSIGHTS
10 ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE (Page No. - 125)
10.1 INTRODUCTION
FIGURE 57 PORSCHE TAYCAN CHARGING CONNECTORS FOR DIFFERENT MARKET
TABLE 52 MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 53 MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2022–2027 (THOUSAND UNITS)
FIGURE 58 TESLA SC SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)
10.2 OPERATIONAL DATA
TABLE 54 PREFERRED CHARGING INFRASTRUCTURE ACROSS THE WORLD
10.2.1 ASSUMPTIONS
TABLE 55 ASSUMPTIONS: BY CHARGING INFRASTRUCTURE TYPE
10.3 RESEARCH METHODOLOGY
10.4 CCS
10.4.1 TESLA ADOPTION OF CCS AND INCREASING PENETRATION OF CCS IN EUROPEAN REGION EXPECTED TO BOOST DEMAND
TABLE 56 ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 57 ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.5 CHADEMO
10.5.1 CHINA AND JAPAN TO ADOPT CHADEMO AT RAPID RATE
TABLE 58 ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 59 ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.6 NORMAL CHARGER
10.6.1 ASIA PACIFIC TO REGISTER HIGHEST CAGR FOR NORMAL CHARGE DURING FORECAST PERIOD
TABLE 60 ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 61 ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.7 TESLA SUPER CHARGER
10.7.1 ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET FOR TESLA SUPER CHARGER
TABLE 62 ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 63 ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.8 TYPE-2 (LEVEL 2 & GB/T LEVEL 2 CHARGING)
10.8.1 ASIA PACIFIC TO DOMINATE TYPE-2 MARKET
TABLE 64 ELECTRIC VEHICLE TYPE-2 CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 65 ELECTRIC VEHICLE TYPE-2CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.9 GB/T (LEVEL 3)
10.1 KEY PRIMARY INSIGHTS
11 ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING SERVICE TYPE (Page No. - 137)
11.1 INTRODUCTION
11.2 EV CHARGING SERVICE
11.3 BATTERY SWAPPING SERVICE
FIGURE 59 BATTERY SWAPPING STATION
12 ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE (Page No. - 140)
12.1 INTRODUCTION
FIGURE 60 ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 66 MARKET, BY DC FAST CHARGING TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 67 MARKET, BY DC FAST CHARGING TYPE, 2022–2027 (THOUSAND UNITS)
12.2 OPERATIONAL DATA
TABLE 68 LEADING EV FAST CHARGING PROVIDERS ACROSS THE WORLD
12.2.1 ASSUMPTIONS
TABLE 69 ASSUMPTIONS: BY DC FAST CHARGING TYPE
12.3 RESEARCH METHODOLOGY
12.4 FAST CHARGING
12.5 ULTRA-FAST CHARGING
12.6 KEY PRIMARY INSIGHTS
13 ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE (Page No. - 146)
13.1 INTRODUCTION
FIGURE 61 PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 70 MARKET, BY INSTALLATION TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 71 MARKET, BY INSTALLATION TYPE, 2022–2027 (THOUSAND UNITS)
13.2 OPERATIONAL DATA
TABLE 72 LEADING EV CHARGING PROVIDERS WITH PORTABLE CHARGERS
13.2.1 ASSUMPTIONS
TABLE 73 ASSUMPTIONS: BY INSTALLATION TYPE
13.3 RESEARCH METHODOLOGY
13.4 PORTABLE CHARGER
13.4.1 DEMAND FOR SMALL AND LIGHT CHARGERS EXPECTED TO BOOST SEGMENT GROWTH
TABLE 74 PORTABLE CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 75 PORTABLE CHARGER IN MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
13.5 FIXED CHARGER
13.5.1 GOVERNMENT COLLABORATION WITH OEMS TO INSTALL FIXED CHARGERS EXPECTED TO BOOST DEMAND
TABLE 76 FIXED CHARGER IN MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 77 FIXED CHARGER IN MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
13.6 KEY PRIMARY INSIGHTS
14 ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY (Page No. - 153)
14.1 INTRODUCTION
FIGURE 62 SMART CONNECTED CHARGING STATIONS PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
TABLE 78 MARKET, BY IOT CONNECTIVITY, 2018–2021 (THOUSAND UNITS)
TABLE 79 MARKET, BY IOT CONNECTIVITY, 2022–2027 (THOUSAND UNITS)
14.2 OPERATIONAL DATA
TABLE 80 SMART CONNECTED CHARGING STATIONS PROVIDED BY TOP CHARGING PROVIDERS
14.2.1 ASSUMPTIONS
TABLE 81 ASSUMPTIONS: BY INSTALLATION
14.3 RESEARCH METHODOLOGY
14.4 NON-CONNECTED CHARGING STATIONS
14.5 SMART CONNECTED CHARGING STATIONS (NETWORKED)
14.6 KEY PRIMARY INSIGHTS
15 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION (Page No. - 159)
15.1 INTRODUCTION
FIGURE 63 MARKET, BY REGION
TABLE 82 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 83 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 84 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 85 MARKET, BY REGION, 2022–2027 (USD MILLION)
15.2 ASIA PACIFIC
FIGURE 64 APAC ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 65 ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT
TABLE 86 ASIA PACIFIC MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 87 ASIA PACIFIC MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
15.2.1 CHINA
15.2.1.1 GB/T-fast charging solutions expected to boost demand
TABLE 88 CHINA MARKET: HIGHLIGHTS
TABLE 89 CHINA: MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 90 CHINA: MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.2.2 INDIA
15.2.2.1 Participation by private and public companies will speed up EV charging station market in India
TABLE 91 INDIA MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 92 INDIA MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.2.3 JAPAN
15.2.3.1 Technological advancements in Japan to lead to growth of super charging segment
TABLE 93 JAPAN MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 94 JAPAN MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.2.4 SOUTH KOREA
15.2.4.1 OEMs to work with government to build required infrastructure for electric vehicles
TABLE 95 SOUTH KOREA MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 96 SOUTH KOREA MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3 EUROPE
FIGURE 66 ELECTRIC VEHICLE CHARGING STATION MARKET IN EUROPE, BY COUNTRY, 2022 & 2027 (THOUSAND UNITS)
TABLE 97 EUROPE MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 98 EUROPE MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
15.3.1 FRANCE
15.3.1.1 Electrification of public transport expected to boost demand for DC charging segment in future
TABLE 99 FRANCE MARKET: HIGHLIGHTS
TABLE 100 FRANCE MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 101 FRANCE MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.2 GERMANY
15.3.2.1 Partnerships between OEMs and charging providers will speed up setup of EV charging stations in Germany
TABLE 102 GERMANY MARKET: HIGHLIGHTS
TABLE 103 GERMANY MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 104 GERMANY MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.3 NETHERLANDS
15.3.3.1 High rate of adoption of electric vehicles expected to drive EV charging station demand
TABLE 105 NETHERLANDS MARKET: HIGHLIGHTS
TABLE 106 NETHERLANDS MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 107 NETHERLANDS MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.4 NORWAY
15.3.4.1 Government incentives and private corporations to speed up EV charging station deployment
TABLE 108 NORWAY MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 109 NORWAY MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.5 SWEDEN
15.3.5.1 Government investments and support schemes to boost EV charging station market in Sweden
TABLE 110 SWEDEN MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 111 SWEDEN MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.6 UK
15.3.6.1 New EV infrastructure bill to boost EV charging station market
TABLE 112 UK MARKET: HIGHLIGHTS
TABLE 113 UK MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 114 UK MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.7 DENMARK
15.3.7.1 EVBox decision to setup 300,000 charging stations along with government incentives to speed up EV charger setup in Denmark
TABLE 115 DENMARK MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 116 DENMARK MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.8 AUSTRIA
15.3.8.1 Government incentives and charging network providers’ participation in setting up EV infrastructure will speed up deployment of EV chargers in Austria
TABLE 117 AUSTRIA MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 118 AUSTRIA MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.9 SPAIN
15.3.9.1 Government incentives to promote EV charging to boost demand for EV charging stations
TABLE 119 SPAIN MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 120 SPAIN MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.3.10 SWITZERLAND
15.3.10.1 Government and charging startups will set up charging stations across Switzerland
TABLE 121 SWITZERLAND MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 122 SWITZERLAND MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.4 NORTH AMERICA
FIGURE 67 NORTH AMERICA: ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT
TABLE 123 NORTH AMERICA MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 124 NORTH AMERICA MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
15.4.1 CANADA
15.4.1.1 Government support for charging infrastructure to boost demand
TABLE 125 CANADA MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 126 CANADA MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
15.4.2 US
15.4.2.1 New goal for charging stations’ deployment by 2030 and charging network provider support will speed up deployment of EV charging stations
TABLE 127 US MARKET: HIGHLIGHTS
TABLE 128 US MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 129 US MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)
16 COMPETITIVE LANDSCAPE (Page No. - 193)
16.1 OVERVIEW
16.2 MARKET SHARE ANALYSIS FOR MARKET
TABLE 130 MARKET SHARE ANALYSIS, 2021
FIGURE 68 MARKET SHARE ANALYSIS, 2020
16.3 REVENUE ANALYSIS OF TOP LISTED PLAYERS
FIGURE 69 REVENUE ANALYSIS, 2020
16.4 COMPETITIVE SCENARIO
16.4.1 DEALS
TABLE 131 DEALS, 2018–2021
16.4.2 NEW PRODUCT LAUNCHES
TABLE 132 NEW PRODUCT LAUNCHES, 2018–2021
16.4.3 OTHERS, 2018–2021
TABLE 133 OTHERS, 2018–2021
16.5 COMPANY EVALUATION QUADRANT FOR ELECTRIC VEHICLE CHARGING STATION MARKET
16.5.1 STARS
16.5.2 EMERGING LEADERS
16.5.3 PERVASIVE
16.5.4 EMERGING COMPANIES
FIGURE 70 MARKET: COMPANY EVALUATION QUADRANT, 2021
TABLE 134 MARKET: COMPANY FOOTPRINT, 2021
TABLE 135 MARKET: APPLICATION FOOTPRINT, 2021
TABLE 136 MARKET: REGIONAL FOOTPRINT, 2021
16.6 STARTUP/SME EVALUATION QUADRANT
16.6.1 PROGRESSIVE COMPANIES
16.6.2 RESPONSIVE COMPANIES
16.6.3 DYNAMIC COMPANIES
16.6.4 STARTING BLOCKS
FIGURE 71 ELECTRIC VEHICLE CHARGING STATION MARKET: SME EVALUATION QUADRANT, 2021
16.7 RIGHT TO WIN, 2018-2021
TABLE 137 RIGHT TO WIN, 2018-2021
17 COMPANY PROFILES (Page No. - 209)
(Business overview, Products offered, Recent developments & MnM View)*
17.1 KEY PLAYERS
17.1.1 ABB
TABLE 138 ABB: BUSINESS OVERVIEW
FIGURE 72 ABB: COMPANY SNAPSHOT
FIGURE 73 ABB: HIGHLIGHTS 2021
TABLE 139 ABB: PRODUCTS OFFERED
TABLE 140 ABB: NEW PRODUCT LAUNCH
TABLE 141 ABB: DEALS
TABLE 142 ABB: OTHERS
17.1.2 CHARGEPOINT
TABLE 143 CHARGEPOINT: BUSINESS OVERVIEW
FIGURE 74 CHARGEPOINT: OFFERINGS
TABLE 144 CHARGEPOINT: PRODUCTS OFFERED
TABLE 145 CHARGEPOINT: NEW PRODUCT LAUNCH
TABLE 146 CHARGEPOINT: DEALS
17.1.3 BYD
TABLE 147 BYD: BUSINESS OVERVIEW
FIGURE 75 BYD: COMPANY SNAPSHOT
TABLE 148 BYD: PRODUCTS OFFERED
TABLE 149 BYD: NEW PRODUCT LAUNCH
TABLE 150 BYD: DEALS
TABLE 151 BYD: OTHERS
17.1.4 TESLA
TABLE 152 TESLA: BUSINESS OVERVIEW
FIGURE 76 TESLA: COMPANY SNAPSHOT
TABLE 153 TESLA: PRODUCTS OFFERED
TABLE 154 TESLA: NEW PRODUCT LAUNCH
TABLE 155 TESLA: DEALS
TABLE 156 TESLA: OTHERS
17.1.5 SHELL
TABLE 157 SHELL: BUSINESS OVERVIEW
FIGURE 77 SHELL: COMPANY SNAPSHOT
TABLE 158 SHELL: PRODUCTS OFFERED
TABLE 159 SHELL: NEW PRODUCT LAUNCH
TABLE 160 SHELL: DEALS
TABLE 161 SHELL: OTHERS
17.1.6 SCHNEIDER ELECTRIC
TABLE 162 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 78 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
FIGURE 79 SCHNEIDER ELECTRIC: WALLBOX AND EVLINK SPECIFICATIONS
FIGURE 80 SCHNEIDER ELECTRIC: EVLINK DC FAST CHARGE AND ACCESSORIES & SPARE PARTS SPECIFICATIONS
TABLE 163 SCHNEIDER ELECTRIC: PRODUCTS OFFERED
TABLE 164 SCHNEIDER ELECTRIC: NEW PRODUCT LAUNCH
TABLE 165 SCHNEIDER ELECTRIC: DEALS
TABLE 166 SCHNEIDER ELECTRIC: OTHERS
17.1.7 SIEMENS
TABLE 167 SIEMENS: BUSINESS OVERVIEW
FIGURE 81 SIEMENS: COMPANY SNAPSHOT
TABLE 168 SIEMENS: PRODUCTS OFFERED
TABLE 169 SIEMENS: NEW PRODUCT LAUNCH
TABLE 170 SIEMENS: DEALS
TABLE 171 SIEMENS: OTHERS
17.1.8 BP
TABLE 172 BP: BUSINESS OVERVIEW
FIGURE 82 BP: COMPANY SNAPSHOT
TABLE 173 BP: PRODUCTS OFFERED
TABLE 174 BP: NEW PRODUCT LAUNCH
TABLE 175 BP: DEALS
TABLE 176 BP: OTHERS
17.1.9 WEBASTO
TABLE 177 WEBASTO: BUSINESS OVERVIEW
TABLE 178 WEBASTO: PRODUCTS OFFERED
TABLE 179 WEBASTO: NEW PRODUCT LAUNCH
TABLE 180 WEBASTO: DEALS
17.1.10 ENGIE
TABLE 181 ENGIE: BUSINESS OVERVIEW
FIGURE 83 ENGIE: COMPANY SNAPSHOT
TABLE 182 ENGIE: PRODUCTS OFFERED
TABLE 183 ENGIE: NEW PRODUCT LAUNCH
TABLE 184 ENGIE: DEALS
17.1.11 EATON
TABLE 185 EATON: BUSINESS OVERVIEW
FIGURE 84 EATON: COMPANY SNAPSHOT
TABLE 186 EATON: PRODUCTS OFFERED
TABLE 187 EATON: DEALS
17.1.12 SEMACONNECT
TABLE 188 SEMACONNECT: BUSINESS OVERVIEW
TABLE 189 SEMACONNECT: PRODUCTS OFFERED
TABLE 190 SEMACONNECT: NEW PRODUCT/SERVICE LAUNCH
TABLE 191 SEMACONNECT: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
17.2 OTHER PLAYERS
17.2.1 EFACEC
TABLE 192 EFACEC: BUSINESS OVERVIEW
17.2.2 CLIPPERCREEK
TABLE 193 CLIPPERCREEK: BUSINESS OVERVIEW
17.2.3 OPCONNECT
TABLE 194 OPCONNECT: BUSINESS OVERVIEW
17.2.4 VOLTA
TABLE 195 VOLTA: BUSINESS OVERVIEW
17.2.5 EV SAFE CHARGE
TABLE 196 EV SAFE CHARGE: BUSINESS OVERVIEW
17.2.6 EV CONNECT
TABLE 197 EV CONNECT: BUSINESS OVERVIEW
17.2.7 FREEWIRE TECHNOLOGIES
TABLE 198 FREEWIRE TECHNOLOGIES: BUSINESS OVERVIEW
17.2.8 ALLEGO
TABLE 199 ALLEGO: BUSINESS OVERVIEW
17.2.9 IONITY
TABLE 200 IONITY: BUSINESS OVERVIEW
17.2.10 WALLBOX
TABLE 201 WALLBOX: BUSINESS OVERVIEW
17.2.11 HELIOX
TABLE 202 HELIOX: BUSINESS OVERVIEW
17.2.12 SPARK HORIZON
TABLE 203 SPARK HORIZON: BUSINESS OVERVIEW
17.2.13 DBT
TABLE 204 DBT: BUSINESS OVERVIEW
17.2.14 CHARGE+
TABLE 205 CHARGE+: BUSINESS OVERVIEW
17.2.15 DELTA
TABLE 206 DELTA: BUSINESS OVERVIEW
17.2.16 TGOOD
TABLE 207 TGOOD: BUSINESS OVERVIEW
18 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 261)
18.1 INNOVATIVE TECHNOLOGIES TO MAKE EV CHARGING MORE PRACTICAL
18.2 ASIA PACIFIC EXPECTED TO BE KEY FOCUS AREA FOR MANUFACTURERS
18.3 DC FAST CHARGING AND ULTRA-FAST CHARGING TO GROW AT RAPID PACE IN COMING YEARS
18.4 CONCLUSION
19 APPENDIX (Page No. - 263)
19.1 KEY INSIGHTS OF INDUSTRY EXPERTS
19.2 DISCUSSION GUIDE
19.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
19.4 AVAILABLE CUSTOMIZATIONS
19.5 RELATED REPORTS
19.6 AUTHOR DETAILS
The study involved 4 major activities in estimating the current size of the electric vehicle charging station market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used in estimating the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of automobile OEMs, Publications of EVs, EV and green energy associations, American Automobile Association (AAA), European Alternative Fuels Observatory (EAFO), International Energy Agency (IEA), country-level automotive associations, automobile magazines, articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global market.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the global market scenarios through secondary research. Several primary interviews were conducted with market experts from both the demand (country-level government associations, and trade associations, institutes, R&D centers, OEMs/vehicle manufacturers) and supply (component manufacturers) side across five major regions, namely, North America, Europe and Asia Pacific. 21% of the experts involved in primary interviews were from the demand side, and 79% were from the supply side of the industry. Primary data was collected through questionnaires, emails, and telephonic interviews. Several primary interviews were conducted from various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in the report.
After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the in-house subject matter experts’ opinions, has led to the findings delineated in the rest of this report. Following is the breakdown of primary respondents—
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up approach was used to estimate and validate the total size of the global market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industry’s future supply chain and market size, in terms of volume, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To segment and forecast the electric vehicle charging station market size in terms of volume (Thousand Units) and value (USD Million)
- To define, describe, and forecast the market based on level of charging, application, charging infrastructure type, electric bus charging type, installation type, charging point type, DC fast charging type, charging service type, IoT connectivity, and region
- To segment and forecast the market size, by volume (thousand units) and value (USD million), based on level of charging (level 1, level 2, and level 3)
- To segment and forecast the market size, by volume (thousand units), based on application (private and public)
- To segment and forecast the market size, by volume (thousand units), based on charging point type (AC (normal charging), DC (super charging), and inductive charging)
- To segment and forecast the market size, by volume (thousand units), based on charging infrastructure type (CCS, CHADEMO, normal charger, Tesla super charger, and type 2 (IEC 62196))
- To provide qualitative insights on electric bus charging type (off-board top-down pantograph, on-board bottom-up pantograph, and charging via connector)
- To provide qualitative insights on charging service type (EV charging service and battery swapping service)
- To segment and forecast the market size, by volume (thousand units), based on IoT connectivity (non-connected charging stations and smart connected charging stations)
- To segment and forecast the market size, by volume (thousand units), based on installation type (portable charger and fixed charger)
- To provide qualitative insights for the market by DC fast charging type (fast and ultra-fast)
- To forecast the market size with respect to key regions, namely, North America, Europe, and Asia Pacific
- To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
- To strategically analyze the market with respect to individual growth trends, prospects, and contribution to the total market
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants
Available Customizations
With the given market data, MarketsandMarkets offers customizations in line with company-specific needs.
- Further breakdown for the electric vehicle charging station market, by charging level, at the country-level (for countries covered in the report)
- Further breakdown of the electric vehicle charging station market, by DC charging, at the country-level (for countries covered in the report)
Company Information
- Profiles of additional market players (up to five)
Growth opportunities and latent adjacency in Electric Vehicle Charging Station Market
I would like to know more about the investments and policies expected to help boost the growth of the electric vehicle charging station market
The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1. Factors such as rising sales of EVs around the world, along with the growing demand for zero-emission transport will boost the demand for the electric vehicle charging station market. Developments in technologies like portable charging stations, bi-directional charging, smart charging with load management, usage-based analytics, and automated payment, and the development of ultra-fast charging technology will create new opportunities for this market.
This is a brand-new study published couple e of weeks ago and the report covers the industry statistics considering the actual sales volumes and revenue for the year 2021 as the base year data to estimate and forecast the market to 2027. Yes, we have covered the post-COVID19 impact analysis and Supply Chain disruption of the market and also since we track the EV market, we have drawn parallels from the EV sales growth report to estimate the growth rates for the EVSE market.