Electric Vehicle Supply Equipment Market

Electric Vehicle Supply Equipment Market worth $27.7 billion by 2027

The report "Electric Vehicle Supply Equipment Market by Charging Level (Level 1, Level 2 & Level 3), Application (Public, Private), Charging Infrastructure, Electric Bus Charging, Installation (Portable Charger, Fixed Charger), Charging Station, and Region - Global Forecast to 2027" The global electric vehicle supply equipment market is projected to grow from USD 2.5 billion in 2019 to reach USD 27.7 billion by 2027, at a CAGR of 34.7% during the forecast period

Browse 57 market data Tables and 52 Figures spread through 142 Pages and in-depth TOC on "Electric Vehicle Supply Equipment Market by Charging Level (Level 1, Level 2 & Level 3), Application (Public, Private), Charging Infrastructure, Electric Bus Charging, Installation (Portable Charger, Fixed Charger), Charging Station, and Region - Global Forecast to 2027 "
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/electric-vehicle-supply-equipment-market-89574213.html

Asia Pacific region is expected to lead the market during the forecast period.

Asia Pacific is expected to be the largest market. The market growth in the region can also be attributed to the rising demand for greener transportation along with several initiatives by private organizations as well as governments of the countries. China’s rapidly growing economy is driving the expansion of advanced technology charging network to improve electric transport in the country. China is expected to spend approximately USD 2.4 billion by 2020 to improve the EV charging station infrastructure. India’s economic growth and rapidly growing population have made it imperative for the country to electrify vehicles in the future.

Portable charger market is expected to grow at the highest CAGR.

The portable charger segment is expected to be the fastest growing market. The electric vehicle portable chargers are easy to use and can be used in offices, homes, malls, and hotels. Earlier, EV drivers had to go to the charging point location to charge the vehicle. Hence, the charging process was time consuming and inconvenient. Also, the distance that can be covered through charging depended on the amount of battery charged through the charging station. To counter this situation, companies such as Tesla and ClipperCreek introduced a portable charger for EVs. With these portable chargers, EV drivers could carry the charger with them and charge the car whenever needed. In addition, a portable charger eliminates the need to develop a charging infrastructure for installing a stationary charging station.

North America: The US is expected to lead the North American market.

The North American region is estimated to be the fastest growing market. North America comprises developed economies such as the US and Canada. North America is home of many leading players such as Tesla, ChargePoint, Leviton, and Car Charging Group. Infrastructural developments and industrialization in the developed economies have opened new avenues, creating several opportunities for OEMs. The implementation of new technologies and the establishment of new government regulations are driving this market in this region. The major players in this market are Tesla (France), ABB (Switzerland), BYD Auto (China), Siemens (Germany), and Bosch (Germany).

Don’t miss out on business opportunities in Electric Vehicle Supply Equipment Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AT 7099
PR Published ON
5/14/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Electric Vehicle Supply Equipment Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home