Electric Vehicle (EV) Charging Station Market Demand Analysis, Leading Companies Share, Business Growth, Regional Outlook, and Report 2023-2028

April 18 19:05 2023
Electric Vehicle (EV) Charging Station Market Demand Analysis, Leading Companies Share, Business Growth, Regional Outlook, and Report 2023-2028
Electric Vehicle Charging Station Market Report 2023
The global market is primarily driven by the increasing preference for electric vehicles (EVs) among the masses.

The latest report by IMARC Group, titled “Electric Vehicle Charging Station Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Electric Vehicle Charging Station Market Forecast. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global electric vehicle charging station market size reached US$ 9.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.3 Billion by 2028, exhibiting a growth rate (CAGR) of 36.1% during 2023-2028. An electric vehicle charging station is a setup that is built to provide a source of electricity to electric vehicles and hybrid electric cars. It operates with the help of a software application, energy controller, facility meter, network operating center, lithium-ion batteries, and energy conversion system connected to the power grid. It comes in different types and configurations, such as Level 1, Level 2, and DC fast charging. It is installed in parking garages near supermarkets, offices, homes, and industrial complexes. It offers a reliable source of energy and help to reduce greenhouse gas emissions and air pollution. It also assists in providing accurate readings of emission levels, reducing maintenance costs and ecological damage, and consequently improving public health. 

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/electric-vehicle-charging-station-market/requestsample

Industry Demand:

The increasing sales of passenger and commercial vehicles are primarily driving the global market. Moreover, the growing environmental concerns towards the high vehicular pollution levels is escalating the demand for electric vehicles, thus providing a boost to the electric vehicle charging station market. In line with this, the rising initiatives by the government for developing standards, which include minimizing pollution by promoting the use of EVs, and continuous investment in building EV charging stations, is creating a positive market outlook. Furthermore, continual technological advancements, such as the integration of the Internet of things (IoT) with charging stations, are impacting the market favorably. Other factors, such as significant growth in the automotive sector and extensive research and development (R&D) activities, are also influencing the market.

Who is the Market Leader in EV Charging Stations?

  • Tesla Inc.
  • Tata Power Company Limited
  • ABB Ltd.
  • Blink Charging Co.
  • BP plc
  • ChargePoint Inc
  • Daimler AG,
  • Eaton Corporation PLC
  • EFACEC Power Solutions SGPS S.A.
  • Engie SA
  • EVgo Services LLC (LS Power Development LLC)
  • Renault Group
  • Schneider Electric SE
  • SemaConnect
  • Siemens AG

Breakup by Charging Station Type:

  • AC Charging
  • DC Charging
  • Inductive Charging

Breakup by Vehicle Type:

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)

Breakup by Installation Type:

  • Portable Charger
  • Fixed Charger

Breakup by Charging Level:

  • Level 1
  • Level 2
  • Level 3

Breakup by Connector Type:

  • Combines Charging Station (CCS)
  • CHAdeMO
  • Normal Charging
  • Tesla Supercharger
  • Type-2 (IEC 621196)
  • Others

Breakup by Application:

  • Residential
  • Commercial

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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