September 23, 2021
Electric Vehicle Charging Station

Electric Vehicle Charging Station Market Revenue Will Cross US$ 39.2 Billion by 2027

The global electric vehicle charging station market value is expected to reach US$ 39.2 Billion by the end of 2027, decelerating at a CAGR of 40.7% from 2020 to 2027. The report contains 150+ pages with detailed analysis. The study provides the overall revenue of the global electric vehicle charging station market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global electric vehicle charging station market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the electric vehicle charging station industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Electric vehicle charging station is an infrastructure that is used for recharging the batteries of electric vehicles. With the bolstering sales of electric vehicles worldwide EV manufacturers are increasingly focused towards the development of the charging infrastructure to fulfill the operational requirements of the electric vehicles. Moreover, with rising consumer demand market players are significantly transforming and developing new technologies in both public and private charging stations. Consumers have more emphasis on fast-charging stations that will save their time and also boost the performance of the battery.

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Report Highlights

  • Asia Pacific was the dominant region in 2019 and is expected to be the most attractive market during the forecast period. China, India, Japan, and Korea are some of the most lucrative regions for the electric vehicle charging station market growth. Rising investments and government initiatives are the major factors for its significant growth.
  • North America and Europe are the significant revenue contributors in the global electric vehicle market with substantial growth. Government’s targets to curb the carbon emission and boost the adoption of electric vehicles are some of the major factors driving the EV charging station market in these regions.
  • DC charging point led the market share with approximately 60% of the revenue share in 2019 owing to fast charging capability and attractive pricing of the DC charging. However, wireless charging expected to witness the fastest growth rate during the forecast period.
  • By end user segment, public type charging station dominated the global EV charging station market because they are more economical to the manufacturer. Moreover, they offer larger paring space and are accessible to all public.

Growth Factors

Commercial success for electric vehicles needs installation of charging infrastructure which is reachable, accessible, and comparatively reasonable irrespective of their location. Strategic initiatives taken by some of the major players to provide free charging facility to the electric vehicle owners will provide traction to the market growth. In addition, rising trend of home & workplace charging stations or private charging stations in North American and European countries attributed to boost the AC charging station market size. Private charging provides fast and reliable charging with no time constraint, which may provide ease of EV charging to the vehicle owners. However, lack of standardization coupled with various costs associated with charging station such as operational, maintenance, and installation costs may hinder the market growth. In addition, the looming under investment for the EV charging station development projects projected to hamper the growth of the market. The European Environment Agency (EEA) revealed that only 10 out of 28 European countries have received the incentives for the development of EV charging infrastructure as of May 2016.

Regional Snapshots

Asia Pacific projected as the most opportunistic region for this market during the forecast period. The prime factor attributed to significant investment by government of various Asian countries to promote the adoption of EV coupled with different initiative by government to reduce the carbon footprint in their areas. In September 2019, South Korea announced nearly USD 900 million for the e-mobility subsidies. Out of the total amount, USD 609 million is planned to be used for the development of EV charging infrastructure. Similarly, in June 2020, Tata Power announced its plan to expand the EV charging network in India by over 700 by the end of the year 2021.

Europe and North America are the other most prominent regions in the global electric vehicle charging station market. The regions have their prime focus to increase the battery-powered fleet and reduce the harmful gas emission. Being center for several technological giants, the regions are investing significantly by providing loans and other benefits to the EV startups and established manufacturers.

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Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global electric vehicle charging station market are as follows:

  • ABB Ltd.
  • ChargePoint, Inc.
  • EVgo Services LLC.
  • Allego
  • Scheinder Electric
  • Blink Charging Co.
  • Wi Tricity Corporation
  • Toshiba Corporation
  • AeroViroment, Inc.
  • Mojo Mobility, Inc.
  • General Electric
  • Robert Bosch GmbH
  • Chargemaster plc.
  • Evatran Group
  • HellaKGaAHueck& Co.
  • Siemens AG
  • Leviton Manufacturing Co., Inc.
  • Efacec
  • Alfen N.V.
  • Denso Corporation
  • Elix Wireless
  • Tesla Inc.
  • ClipperCreek
  • Engie
  • Infineon Technologies AG
  • Qualcomm Technologies, Inc.

Market Segmentation

By Charging Station Type

  • AC Charging
  • DC Charging
  • Wireless Charging

By Power Output

  • <11KW
  • 11KW-50KW
  • >50KW

By Supplier Type

  • OE Charging Station
  • Private Charging Station

By End User

  • Private Type
  • Public Type

 Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global electric vehicle charging station market. It examines trends and factors influencing demand for electric vehicle charging station globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for electric vehicle charging station across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on electric vehicle charging station. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global electric vehicle charging station market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric vehicle charging station are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Electric Vehicle Charging Station Market, By Charging Station

7.1. Electric Vehicle Charging Station Market, by Charging Station Type, 2020-2027
7.1.1. AC Charging
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. DC Charging
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Wireless Charging
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Electric Vehicle Charging Station Market, By Power Output

8.1. Electric Vehicle Charging Station Market, by Power Output, 2020-2027
8.1.1. <11KW
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. 11KW-50KW
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. >50KW
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Electric Vehicle Charging Station Market, By Supplier Type

9.1. Electric Vehicle Charging Station Market, by Supplier Type, 2020-2027
9.1.1. OE Charging Station
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Private Charging Station
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Electric Vehicle Charging Station Market, By End User

10.1. Electric Vehicle Charging Station Market, by End User, 2020-2027
10.1.1. Private Type
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Public Type
10.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Electric Vehicle Charging Station Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.1.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.1.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.1.4. Market Revenue and Forecast, by End User (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.1.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.1.6.4. Market Revenue and Forecast, by End User (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.2.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.2.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.2.4. Market Revenue and Forecast, by End User (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.2.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.2.6.4. Market Revenue and Forecast, by End User (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.2.7.4. Market Revenue and Forecast, by End User (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.2.8.4. Market Revenue and Forecast, by End User (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.3.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.3.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.3.4. Market Revenue and Forecast, by End User (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.3.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.3.6.4. Market Revenue and Forecast, by End User (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.3.7.4. Market Revenue and Forecast, by End User (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.3.8.4. Market Revenue and Forecast, by End User (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.4.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.4.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.4.4. Market Revenue and Forecast, by End User (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.4.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.4.6.4. Market Revenue and Forecast, by End User (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.4.7.4. Market Revenue and Forecast, by End User (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.4.8.4. Market Revenue and Forecast, by End User (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.5.5.4. Market Revenue and Forecast, by End User (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Charging Station (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Power Output (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Supplier Type (2016-2027)
11.5.6.4. Market Revenue and Forecast, by End User (2016-2027)

Chapter 12. Company Profiles

12.1. ABB Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. ChargePoint, Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. EVgo Services LLC.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Allego
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Scheinder Electric
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Blink Charging Co.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Wi Tricity Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Toshiba Corporation
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. AeroViroment, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Mojo Mobility, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. General Electric
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Robert Bosch GmbH
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Chargemaster plc.
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives
12.14. Evatran Group
12.14.1. Company Overview
12.14.2. Product Offerings
12.14.3. Financial Performance
12.14.4. Recent Initiatives
12.15. HellaKGaAHueck& Co.
12.15.1. Company Overview
12.15.2. Product Offerings
12.15.3. Financial Performance
12.15.4. Recent Initiatives
12.16. Siemens AG
12.16.1. Company Overview
12.16.2. Product Offerings
12.16.3. Financial Performance
12.16.4. Recent Initiatives
12.17. Leviton Manufacturing Co., Inc.
12.17.1. Company Overview
12.17.2. Product Offerings
12.17.3. Financial Performance
12.17.4. Recent Initiatives
12.18. Efacec
12.18.1. Company Overview
12.18.2. Product Offerings
12.18.3. Financial Performance
12.18.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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