Electrical And Electronics Manufacturing

Global Electric Vehicle Charging Stations Market Outlook, Opportunities And Strategies

December 3, 2021 by The Business Research Company

Learn about the global electric vehicle charging stations market through The Business Research Company, which provides information on electric vehicle charging stations market size, electric vehicle charging stations market drivers and restraints, electric vehicle charging stations market players, the COVID-19 impact on the electric vehicle charging stations market, and more.

Our annual holiday sale is here! Get your discounted market research reports today.

The global electric vehicle charging stations market is expected to grow from $5.8 billion in 2020 to $6.79 billion in 2021 at a compound annual growth rate (CAGR) of 17.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric vehicle charging station market is expected to reach $20.49 billion in 2025 at a CAGR of 31.8%.

Increasing tax incentives and subsidies given to local automakers to produce electric vehicles is driving the demand for electric vehicle (EV) charging station market.

Request A Sample For The Global Electric Vehicle Charging Stations Market Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2520&type=smp

The electric vehicle charging station market consist of sales of electric vehicle charging services. Electric vehicle charging stations provides charging facility to electric vehicles through alternating current (AC) and direct current (DC) charging. AC charging station consists of level 1 and level 2 charging. Level 1 charging station uses 120V AC current, level 2 Charging station uses 240V AC current to charge the vehicles. Whereas the DC charging station also known as Level 3 charging station uses 480V DC current to charge the EVs.

Global electric vehicle charging stations market segments include:

By Installation Type: Home Charging System, Commercial Charging System

By Connector Type: CHAdeMO, CCS, GB/T, Tesla Supercharger, Others

By Mode Of Charging: Plug In Charging System, Wireless Charging System

By Charging Station: AC Charging Station, DC Charging Station

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Companies in the industry are increasingly offering ultra-quick charging capabilities of the direct current (DC) to aid performance optimization and ultra-fast-charge. The ultra-quick charging technologies of the direct current (DC) are used in electric vehicle charging stations to transfer current to electric vehicles through DC. DC fast charging or level 3 charging is capable of charging 80% of the electric vehicle battery within 20 minutes. DC fast charging stations with ultra-quick technology provide high-power DC current up to 120 kW directly into vehicle’s battery without passing through any onboard AC/DC converter. The necessary conversion from AC to DC by a convertor done in case of AC charging process can be eliminated.

TBRC’s electric vehicle charging stations market report covers:

Major Market Players: Tesla, Chargepoint, Siemens, ClipperCreek and Schneider Electric.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Electric Vehicle Charging Stations Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides electric vehicle charging stations market overviews, analyzes and forecasts market size, share, electric vehicle charging stations market players, electric vehicle charging stations market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electric vehicle charging stations market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Electric Motors Global Market Report 2021

Electric Bikes And Scooters Global Market Report 2020

Electric Locomotives Global Market Report 2021

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Check out our Blog: https://blog.tbrc.info/

Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model