List of Figures
Figure 1: Global Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 2: Global Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 3: Global Electric Vehicle Charging Station Market Share By ChargerType By Volume (2016, 2021 & 2027)
Figure 4: Global Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 5: North America Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 6: North America Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 7: North America Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 8: North America Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 9: US Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 10: US Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 11: US Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 12: Canada Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 13: Canada Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 14: Canada Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 15: Mexico Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 16: Mexico Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 17: Mexico Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 18: Europe Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 19: Europe Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 20: Europe Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 21: Europe Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 22: Germany Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 23: Germany Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 24: Germany Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 25: UK Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 26: UK Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 27: UK Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 28: France Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 29: France Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 30: France Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 31: Norway Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 32: Norway Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 33: Norway Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 34: Netherlands Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 35: Netherlands Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 36: Netherlands Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 37: Sweden Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 38: Sweden Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 39: Sweden Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 40: Italy Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 41: Italy Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 42: Italy Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 43: Spain Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 44: Spain Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 45: Spain Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 46: Asia-Pacific Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 47: Asia-Pacific Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 48: Asia-Pacific Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 49: Asia-Pacific Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 50: China Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 51: China Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 52: China Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 53: Japan Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 54: Japan Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 55: Japan Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 56: India Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 57: India Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 58: India Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 59: Australia Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 60: Australia Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 61: Australia Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 62: South Korea Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 63: South Korea Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 64: South Korea Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 65: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Size By Value 2016 to 2027
Figure 66: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Size By Volume 2016 to 2027
Figure 67: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Share By Charger Type
Figure 68: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Share By Application Type
Figure 69: Market Attractiveness Index, 2021
Figure 70: Market Attractiveness Index, 2027
List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Electric Vehicle Charging Station Market Share By Region By Volume (2016, 2021 & 2027)
Table 5: Global Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 6: Global Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 7: Global Electric Vehicle Charging Station Market Share By Company (2020)
Table 8: North America Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 9: North America Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 10: Europe Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 11: Europe Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 12: Asia-Pacific Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 13: Asia-Pacific Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 14: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 15: Latin America, Middle East & Africa Electric Vehicle Charging Station Market Share By Charging Level
Table 16: Key Facts of Chargepoint Inc.
Table 17: Key Facts of Shell plc
Table 18: Key Facts of Tesla Inc.
Table 19: Key Facts of BP p.l.c.
Table 20: Key Facts of ABB Group
Table 21: Key Facts of RWE AG
Table 22: Key Facts of Siemens AG
Table 23: Key Facts of Efacec
Table 24: Key Facts of Blink Charging co.
Table 25: Key Facts of Webasto Group
Table 26: Key Facts of BYD Auto Co., Ltd.
Table 27: Key Facts of Semaconnect inc.
Table 28: Key Facts of Evgo Services LLC.
Table 29: Key Facts of Engie
Table 30: Key Facts of Schneider Electric
Table 31: Key Facts of Ev Box
Table 32: Key Facts of Eaton Corporation plc
Table 33: Key Facts of Leviton Manufacturing Co., Inc.
Table 34: Key Facts of Phihong USA Corp.
Table 35: Key Facts of EV Safe Charge Inc.
Table 36: Key Facts of Tata Power Company Limited
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Featured Companies
1. Siemens Limited
2. Tesla
3. Chargepoint inc.
4. Shell plc
5. BP p.l.c.
6. ABB Group
7. RWE AG
8. Efacec
9. Blink Charging co.
10. Webasto Group
11. BYD Auto Co., Ltd.
12. Semaconnect inc.
13. Evgo Services LLC.
14. Engie
15. Schneider Electric
16. Ev Box
17. Phihong USA Corp.
18. EV Safe Charge Inc.
19. Tata Power Company Limited
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Featured Companies
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2. Tesla
3. Chargepoint inc.
4. Shell plc
5. BP p.l.c.
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An electric vehicle charging station was also known as electric vehicle supply equipment (EVSE) is equipment that connects an electric vehicle (EV) to a source of electricity to recharge electric cars. The electric vehicle charging station market is growing as rapidly as the electric vehicle market. By application type, the charging station is divided into two parts i.e. public and private charging stations. Charging stations at private places and public destinations may help bolster market acceptance.
Charging equipment for plug-in electric vehicles is classified by the rate at which the batteries are charged. Charging times vary based on how depleted the charging station is, charging station types, how much energy the charging station holds, and the type of charging equipment. According to the report titled “Global Electric Vehicle Charging Station Market Outlook, 2027” published by Actual Market Research, the charging station market is expected to grow at a CAGR of more than 30% in value market size by the end of the forecast period. By charger type market is segregated into two main types i.e. slow chargers and fast chargers. The slow charger is leading with more than 88% of the value market share. Correspondingly, 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.
There are mainly three levels of electric vehicle charging i.e. Level 1, Level 2, and Level 3 charging. Level 1 and Level 2 charging is generally alternating current (AC) charging which is also known as slow chargers. Level 3 charging is broken into Direct Current Fast Charging (DCFC) and various other fast charging such as Tesla Supercharging, Terra 360 and CHAdeMO charging. The higher the level of charging, the faster the charging process, as more power is delivered to the vehicle. According to the report, the Level 1 charging segment is leading with more than 71% of the volume market share. Followed by Level 2 charging and then Level 3 charging. By application type of charging market is segregated into public and private charging. Public charging infrastructure is vital to supporting existing electric vehicles while encouraging future adoption. Public charging infrastructure has continued apace over the past year on the back of significant investment from the governments and various private sectors. Adoption of charging stations in private places is rapidly increasing as growth in sales of electric vehicles. According to the report, the private segment has a market share of more than 65% volume market share correspondent to the public segment has the lowest market share, however, the public segment is likely to capture a higher market share in the forecast period.
There are various factors responsible for the year-on-year growth of the electric vehicle charging market globally, such as an increase in sales of electric vehicles, environmental awareness among people and various government incentives toward clean energy. By region, Asia-Pacific is leading the market with the highest installation of charging stations globally. The reason behind this is the adaptation of electric vehicles in China. By volume share, Asia-pacific is leading with more than 45% market share, followed by Europe. By country, China is leading with more than 50% of value and volume market share.
The electric vehicle (EV) segment is still taking tentative steps towards mainstream proliferation in the global context. The electric vehicle and charging station industry had faced many challenges in the pandemic situations globally. Sales of the electric vehicle significantly affected in COVID-19 situation along with the wider automotive industry. The lockdown has shown immediate impacts on the supporting industry of EV charging services, and the related supply chain for charging station deployment. However, governments across the globe think of ways to reemerge from this pandemic with an economy that is stronger and more resilient than it was before, EVs and charging stations continue to get a significant amount of attention. Governments across the globe have introduced various schemes and initiatives to encourage buyers to choose EVs over conventional vehicles. APAC, Europe, UK are some of the countries offering various incentives for people looking to purchase an EV due to this the Electric Vehicle Charging Station Market will have more demand in the upcoming years.
Driver
• The rising popularity and use of electric cars have necessitated the development of charging infrastructure. Leading EV markets including China, the United States, and Germany are spending heavily on EV charging infrastructure as well as R&D for quicker and more efficient charging techniques. Significant expenditures by enterprises are projected to respond to the expanding demand for EVs and play a significant influence in the market's growth. Tesla, Volkswagen, Ford, Nissan, BMW, and General Motors all have large R&D resources for EV research. Despite COVID, the globe experienced a 43% increase in EV sales in 2021, with roughly 4 million EV sales, while the total vehicle industry decreased by 7%. This demonstrates the increasing demand for electric vehicles and EV charging stations.
Challange
• The development of the EV industry, as well as variances in charger types, has necessitated the standardization of EV charging stations. Some EV charging stations may be only compatible with a specific voltage. AC chargers, for example, give a voltage of 120V AC via level 1 charging stations and 208/240V AC via level 2 charging stations. DC chargers, on the other hand, allow quick charging using 480V AC. Many governments need to standardize charging infrastructure in order to build a favourable ecology and encourage EV sales.
Recent Developments
• In May 2022, Tata power won the bid for a 300MW solar project from the government firm NHPC, and also started a joint venture with Hyundai India to grow its EV charging station infrastructure in India.
• In April 2022, ABB announced a global framework deal with Shell to deliver its technology to aid in the expansion of the latter's EV charging network. This deal expands on the two companies' relationship that began in 2019 and includes ABB's Terra 360 rapid charger.
• In February 2022, Siemens Smart Infrastructure in the United States announced a new sustainable, EV charging concept structure aimed at electrifying fleets and high-demand charging applications at scale. The new VersiCharge XL concept (UL standard) was developed to quickly and efficiently electrify new or existing parking lots and building structures in the United States by utilizing a modular, scalable design created in collaboration with Nexii Building Solutions using their proprietary, sustainable building material with a low carbon footprint.
Major Companies Present in the market:
ChargePoint Holdings, Inc., Shell, Tesla Inc., BP, ABB, RWE, Siemens, Efacec, BLINK CHARGING co. , Eaton Corporation plc, SCHNEIDER ELECTRIC, WEBASTO GROUP, Leviton Manufacturing Co. Inc., Phihong USA Corp., EV Safe Charge Inc., Tata Power.
Considered in this report:
• Geography: Global
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report:
• Global Electric Vehicle Charging Station market with its value and forecast along with its segments
• Region-wise electric vehicle charging station market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions covered in the report:
• North America
• Europe
• Asia-Pacific
• Rest of the world
Types of chargers in the report
• Slow/ Moderate
• Fast
Type of charging levels:
• Level 1 (AC charging)
• Level 2 (AC charging)
• Level 3 (DCFC)
By Application type:
• Public
• Private
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.
Intended audience:
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.
This report would help you answer the following questions:
1. At what rate the global electric vehicle charging station market will grow in the forecast period?
2. What are the types of electric vehicle chargers?
3. What are the different types of electric vehicle charging levels?
4. Which electric vehicle charger type is leading the market?
5. What is the impact of COVID-19 on the global electric vehicle charging station Market?
6. What are the different types of charging stations by applications?
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