An electric vehicle charging station is equipment that connects an electric vehicle (EV) to a source of electricity to recharge electric cars, neighbourhood electric vehicles, and plug-in hybrids. Germany’s government wants to reduce emissions of harmful gases related to transport. According to the government's Climate Protection Plan 2050, Germany must reduce carbon dioxide (CO2) emissions from transportation by 40% by 2030.The German government is committed to promoting electric vehicles (EVs) and extending the public and private charger networks in order to achieve this goal. By 2030, the government goal is to have 5 to 10 million EVs on the road and a total of 1 million charging points available. Germany has the potential for a large EV charging station market. At present, there are 45,000 publically available charging stations. The country will be able to meet the high demand for a growing number of BEVs and PHEVs with a wide range of body types, styles, ranges, and charging capacities in the future. Home charging availability is also evolving. In future, public charging will be expanded because earlier only some people in Germany switched to EVs, but now due to an increase in the demand for EVs, the market for public charging will also expand.
According to the report titled “Germany Electric Vehicle (EV) Charger / Charging Station Market Overview, 2027” published by Actual Market Research (ActualMR), the charging station market in Germany is expected to grow by over 30% value share by the end of the forecast period 2027. On the basis of type, the market is divided into two main types: slow chargers and fast chargers. With more than 80% of the market share, the slow charger is the leading charger. The fast charger is the fastest-growing segment in value market share and is expected to capture a higher market share in the forecast period.
On the basis of level, there are three main types of EV charging stations that are Level 1, Level 2, and Level 3 charging. Level 1 is the slowest type of charging equipment and is plugged directly into a standard 120 volt (V) AC outlet, supplying an average power output of 1.3 kW to 2.4 kW. This power output is equivalent to 3-5 miles of EV range per hour. A level 2 charger allows charging of an electric car 5 to 7 times faster for a full-electric car or up to 3 times faster for a plug-in hybrid compared to a level 1 charger. This would mean maximizing the use of EVs and reducing stopping to charge at public charging stations. Levels 1 and 2 are typically slow and alternating current chargers (AC), whereas Level 3 charging is classified as Direct Current Fast Charging (DCFC).Level 3 charging is the fastest type of charging available and can recharge an EV at a rate of 3 to 20 miles of range per minute. If the level is higher, it provides more power to the EV and also charges faster. Level 1 charging is the most widely used option to charge EVs.
On the basis of the application type of the charging market, the market is divided into public and private charging. Private charging is characterized by a smaller number of EVs that are charging on the private network behind the grid connection point/energy meter and Public charging stations are typically found street-side or at retail shopping centres, government facilities, and other parking areas. For future use, a public charging station is very important for the large population of Germany. The government and private sector are collaborating to develop the public charging station.Adoption of charging stations in private places is rapidly increasing as growth in sales of electric vehicles rises. The private segment leads the charging stations in Germany with over 50% market share, while public charging stations are on the rise. The major factor driving the growth of the market is government funding and backing with extended support. The increased sales of batteries and other equipment used in EVs have also led to the growth of the EV charging station market. Policies and regulations are set by the government on the basis of electricity provided for charging and also rules and regulations for billing and tariff.
There are various factors responsible for the growth of the electric vehicle charging market in Germany, such as an increase in sales of electric vehicles, environmental awareness among people, and various government incentives toward clean energy. Sales of EVs are mostly affected by the COVID-19 situation and its related automotive industry. The development of EV charging infrastructure is affected in Germany due to lockdown, and it affects the whole supply chain system.
Considered in this report
• Geography: Germany
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Germany electric vehicle charging station market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Five force models.
• Top-profiled companies
• Strategic recommendation
Types of chargers
• Slow/ Moderate
Type of charging levels
• Level 1 (AC charging)
• Level 2 (AC charging)
• Level 3 (DCFC)
By Application type
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analysis the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have to start verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the electric vehicle charging station industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
List of Figures
Figure 1: Germany Electric Vehicle Charging Station Market Size – By Value 2016 to 2027F (In USD Million)
Figure 2: Germany Electric Vehicle Charging Station Market Share By Charger Type (2016, 2021 & 2027F)
Figure 3: Germany Electric Vehicle Charging Station Market Share By Application Type (2016, 2021 & 2027F)
Figure 4: Germany Electric Vehicle Charging Station Market Share By Charging Level (2016, 2021 & 2027F)
Figure 5: Market Attractiveness Index, By Charger Type
Figure 6: Market Attractiveness Index, By Application Type
Figure 7: Market Attractiveness Index, By Charging Level
Figure 8: Porter's Five Forces Meter of Electric Vehicle Charging Station Industry in Germany
List of Table
Table 1: Germany Electric Vehicle Charging Station Market Size of Slow/Moderate Charger (2016 to 2027F) in USD Million
Table 2: Germany Electric Vehicle Charging Station Market Size of Fast Charger (2016 to 2027F) in USD Million
Table 3: Germany Electric Vehicle Charging Station Market Size of Public (2016 to 2027F) in USD Million
Table 4: Germany Electric Vehicle Charging Station Market Size of Private (2016 to 2027F) in USD Million
Table 5: Germany Electric Vehicle Charging Station Market Size of Level 1 (AC Charging) (2016 to 2027F) in USD Million
Table 6: Germany Electric Vehicle Charging Station Market Size of Level 2 (AC Charging) (2016 to 2027F) in USD Million
Table 7: Key Facts of Company 1
Table 8: Key Facts of Company 2
Table 9: Key Facts of Company 3
Table 10: Key Facts of Company 4
Table 11: Key Facts of Company 5
Table 12: Key Facts of Company 6
Table 13: Key Facts of Company 7
Table 14: Key Facts of Company 8