Electric Vehicle (EV) Charging Infrastructure Market Report by Opportunities, Key Companies and Growth Factors Forecast to 2025

Felton, 28 November 2019 - Electric Vehicle (EV) Charging Infrastructure Market is estimated to touch US$ 45.59 billion by the completion of the prediction period. The market was appreciated by US$1.16 billion in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. An Electric Vehicle Charging Infrastructure provides electrical power to the electric vehicles for recharging their batteries. These are located either at communal places or at home. They deliver energy to those electric vehicles, which are plug-in. It comprises hybrid vehicles and electric cars. An Electric Vehicle Charging Infrastructure is also recognized as an Electric Vehicle Supply Equipment [EVSE]. The charging tools could be discriminated based on usage and the time required for charging.

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The increasing demand for Electric Vehicles [EVs] is largely accountable for the forceful development of vehicle charging infrastructure. The trades of electric vehicles have augmented owing to the growing backing by the government in the method of tax recognitions and beneficial grants, additionally customer alertness about the practice and profits of these kinds of automobiles.

The subdivision of passenger cars is expected to develop at the speedy proportion as related to the subdivision of commercial vehicle. This is credited to the increasing diversity of the prototypes of Electric Vehicle, prepared with the state-of-the-art equipment. Furthermore, a number of research & development actions are witnessed about developments in Electric Vehicle and upgradations of Electric Vehicle Supply Equipment [EVSE] to render them additionally appropriate and stress-free to operate.

The Electric Vehicle Charging Infrastructure market on the source of Type of Application could span Domestic, Commercial. Both the subdivisions Domestic and Commercial applications are projected to develop in the approaching years. Yet, the development of subdivision of commercial application, which includes the chargers at non-domestic spaces, is estimated to be greater than the subdivision of domestic application. Furthermore, the automobile manufacturers; along with respective governments, are expected to create substantial funds for increasing public substructure.

The statement revises Trades in terms of intake of Electric Vehicle Charging Infrastructure in the market; particularly in North America, Europe, and Asia Pacific. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are Leviton Manufacturing Co., Inc., Delphi Automotive LLP, Clipper Creek, Inc., Siemens AG, Charge master Plc, Charge Point, Inc., AeroVironment, Inc., General Electric Company, Tesla Motors, Inc., SemaConnect, Inc., Eaton Corporation, Schneider Electric SE, Elektromotive Limited, and ABB Group.

Market Segment:

Charger Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Slow Charger

    • Fast Charger

Connector Outlook (Revenue, USD Million; 2014 - 2025)

    • CHAdeMO

    • CCS

    • Others

Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Commercial

    • Residential

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