Electric Vehicle Supply Equipment Market Size Volume, Share, Demand growth, Business Opportunity by 2030

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Increase In Demand: From 25.7 billion USD In 2020, The “Electric Vehicle Supply Equipment Market” 2021 will register a 36% CAGR in terms of revenue during the forecast period years and the global Market Size will reach  212 billion USD by 2030, Increasing demand for Electric Vehicle Supply Equipment from various end-user industries including Passenger Cars, Commercial Vehicles is expected to drive the consumption of Electric Vehicle Supply Equipment Market during the forecast period. The Research Report provides Key analysis on the market status of the Electric Vehicle Supply Equipment manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe, The Report is spread through 150+ Pages and also calculate the market size, Sales, Price, Revenue, Gross Margin and Market Share, cost structure, growth rate and Browse Data Tables and Figures with in-depth TOC on Electric Vehicle Supply Equipment Market.

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Report Scope of the Electric Vehicle Supply Equipment Market

Report Highlights Details
Market Size USD 212 Billion by 2030
Growth Rate CAGR of 36% From 2021 and 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Produc, Charging Station, Application, Power
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, South America
Companies Mentioned ABB Ltd., AeroVironment Inc., ChargePoint Inc., Chargemaster PLC, ClipperCreek Inc., Eaton Corporation, SemaConnect Inc., Leviton Manufacturing Co. Inc., Schneider Electric SE,Tesla Inc., Siemens AG, Webasto SE, EVOTEC AG, Delta Electronics Inc.

Growth Factors:

Electric vehicle supply equipment is used for charging EVs in various commercial and residential locations that includes homes, highways, corporate offices, hotels, parks, and bus depots. The market growth of electric vehicle supply equipment is mainly favored by the initiatives taken by private and public sector to spur the rate of adoption of electric vehicles across the world. In accordance to the same, government bodies of various nations have also started offering different types of benefits such as subsidies &tax benefits and financial incentives to encourage people for buying electric vehicles. This in turn contributes significantly for the market growth of electric vehicle supply equipment.

Countries that are the largest producers of electricity such as USA and China charge lower tariffs for the electricity consumed by electric vehicle supply equipment (EVSE), this again drives the EVSE market. Further, increasing initiatives by the government of different countries for signing contracts with the EVSE market participants for the development of charging infrastructure in their region again thrives the market growth for EVSE. Apart from government bodies, private companies are taking keen interest in signing contract with the EVSE players to deploy EV charging station for their customers and employees. For instance, General Motors Company and the Coca-Cola Company have signed a partnership agreement for the development of charging stations for Coca-Cola employees.

With the prolonged effect of coronavirus several industries have witnessed a decline in their sales and production due to broken supply chain, automotive industry is among them. Market players for electric vehicle supply equipment have also witnessed slow growth in the sale of electric vehicles and thus slow growth of EVSE market. However, rising concern for environment protection is likely to propel the demand for electric vehicle supply equipment over the upcoming years.

DC power type segment led the global electric vehicle supply equipment market in the year 2020 and anticipated to grow at a rapid rate during the forecast period. The prominent growth of the segment is majorly attributed to the significant rise in the amount of Public-Private Partnerships (PPP) primarily for the advancement of level-1as well as level-2 DC charging stations mostly in the commercial locations. Further, DC charging stations help to charge electric vehicles faster compared to AC chargers.

However, AC power segment also witness prominent growth over the analysis period because of increasing emphasis by leading EV manufacturers such as General Motors, BMW of America, Tesla to provide AC-powered portable chargers as a complimentary feature in electric vehicles. Further, various contractors that include Joju Solar has increased their emphasis on the installation, operation, and maintenance of electric vehicle charging stations prominently in the residential areas, this results in the accelerating growth of the AC power segment in the global EVSE market.

By geography, the Asia Pacific emerged as the front-runner in the global electric vehicle supply equipment market accounting for a revenue share of more than 50% in the year 2020 and estimated to project the fastest growth over the upcoming years. The accelerating growth of the region is primarily attributed to the increasing emphasis of governments of various countries towards the adoption of electric vehicles as well as supporting infrastructure in order to encourage various globally established players along with startups companies to develop new charging infrastructure in collaboration with the government bodies.

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Recent report on the Electric Vehicle Supply Equipment market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the Electric Vehicle Supply Equipment market analyzes the scenario for the period of 2017 to 2030, wherein, 2021 is the base year and 2020 is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global Electric Vehicle Supply Equipment market for the forecast period of 2021–2030. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global Electric Vehicle Supply Equipment market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the Electric Vehicle Supply Equipment market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the market.

The report delves into the competition landscape of the global Electric Vehicle Supply Equipment market. Key players operating in the market have been identified and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the Electric Vehicle Supply Equipment market that are profiled in this report.

Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The Electric Vehicle Supply Equipment market is analyzed at both regional and country levels.

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Some of the prominent players operating in the global electric vehicle supply equipment market include ABB Ltd., AeroVironment Inc., ChargePoint Inc., Chargemaster PLC, ClipperCreek Inc., Eaton Corporation, SemaConnect Inc., Leviton Manufacturing Co. Inc., Schneider Electric SE,Tesla Inc., Siemens AG, Webasto SE, EVOTEC AG, Delta Electronics Inc., Ecotap BV, Heliox, and COMECA Group among others.

 Electric Vehicle Supply Equipment Market Segmentation

By Power Type

  • DC Power
    • Level 1
    • Level 2
    • Level 3
  • AC Power
    • Level 1
    • Level 2
    • Level 3

By Product

  • EV Charging Kiosk
  • Portable Charger
  • Onboard Charging Station
  • Others

By Charging Station Type

  • Super Charging
  • Normal Charging
  • Inductive Charging

By Application               

  • Residential
  • Commercial
    • Highway Charging Station
    • Destination Charging Station
    • Fleet Charging Station
    • Bus Charging Station
    • Others

Regional Analysis

Based on region the electric vehicle supply equipment market is segmented into North America, Asia Pacific, Europe, Latin America, and MEAN.

The Asia Pacific emerged as the leader in the global electric vehicle supply equipment market capturing more than 50% of revenue share in the year 2020 and predicted to grow at a prominent rate during the upcoming years. Increasing adoption of electric vehicles across various Asian countries such as Japan, China, Australia, India, and many others is one of the most supporting factors that trigger the market growth in the region. For instance, the government of China planned to convert its mobility into green mobility by the end of year 2030. Besides this, the government of other countries such as Japan and South Korea are investing significantly for the installation of electric vehicle charging infrastructure. This results in the prominent growth of electric vehicle supply equipment market over the analysis time frame.

Research Methodology

A unique research methodology has been utilized to conduct a comprehensive research on the growth of the global Electric Vehicle Supply Equipment market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global Electric Vehicle Supply Equipment market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.

Key Questions are

  • What are the key factors influencing the Electric Vehicle Supply Equipment market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2021 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2021 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

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

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer 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 Supply EquipmentMarket, By Power Type

7.1. Electric Vehicle Supply Equipment Market, by Power Type, 2021-2030

7.1.1. DC Power

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.1.2. Level 1

7.1.1.3. Level 2

7.1.1.4. Level 3

7.1.2. AC Power

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.2.2. Level 1

7.1.2.3. Level 2

7.1.2.4. Level 3

Chapter 8. Global Electric Vehicle Supply EquipmentMarket, By Product

8.1. Electric Vehicle Supply Equipment Market, by Product, 2021-2030

8.1.1. EV Charging Kiosk

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Portable Charger

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Onboard Charging Station

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Electric Vehicle Supply EquipmentMarket, By Charging Station Type

9.1. Electric Vehicle Supply Equipment Market, by Charging Station Type, 2021-2030

9.1.1. Super Charging

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Normal Charging

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Inductive Charging

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Electric Vehicle Supply EquipmentMarket, By Application

10.1. Electric Vehicle Supply Equipment Market, by Application, 2021-2030

10.1.1. Residential

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Commercial

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.2.2. Highway Charging Station

10.1.2.3. Destination Charging Station

10.1.2.4. Fleet Charging Station

10.1.2.5. Bus Charging Station

10.1.2.6. Others

Chapter 11. Global Electric Vehicle Supply Equipment Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.1.2. Market Revenue and Forecast, by Product (2017-2030)

11.1.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.1.4. Market Revenue and Forecast, by Application (2017-2030)

11.1.5. U.S.

11.1.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.1.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.1.6. Rest of North America

11.1.6.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.1.6.2. Market Revenue and Forecast, by Product (2017-2030)

11.1.6.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.1.6.4. Market Revenue and Forecast, by Application (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.2.2. Market Revenue and Forecast, by Product (2017-2030)

11.2.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.2.4. Market Revenue and Forecast, by Application (2017-2030)

11.2.5. UK

11.2.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.2.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.2.6. Germany

11.2.6.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Product (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.2.6.4. Market Revenue and Forecast, by Application (2017-2030)

11.2.7. France

11.2.7.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Product (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.2.7.4. Market Revenue and Forecast, by Application (2017-2030)

11.2.8. Rest of Europe

11.2.8.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.2.8.2. Market Revenue and Forecast, by Product (2017-2030)

11.2.8.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.2.8.4. Market Revenue and Forecast, by Application (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.3.2. Market Revenue and Forecast, by Product (2017-2030)

11.3.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.3.4. Market Revenue and Forecast, by Application (2017-2030)

11.3.5. India

11.3.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.3.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.3.6. China

11.3.6.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Product (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.3.6.4. Market Revenue and Forecast, by Application (2017-2030)

11.3.7. Japan

11.3.7.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Product (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.3.7.4. Market Revenue and Forecast, by Application (2017-2030)

11.3.8. Rest of APAC

11.3.8.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.3.8.2. Market Revenue and Forecast, by Product (2017-2030)

11.3.8.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.3.8.4. Market Revenue and Forecast, by Application (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.4.2. Market Revenue and Forecast, by Product (2017-2030)

11.4.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.4.4. Market Revenue and Forecast, by Application (2017-2030)

11.4.5. GCC

11.4.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.4.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.4.6. North Africa

11.4.6.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Product (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.4.6.4. Market Revenue and Forecast, by Application (2017-2030)

11.4.7. South Africa

11.4.7.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Product (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.4.7.4. Market Revenue and Forecast, by Application (2017-2030)

11.4.8. Rest of MEA

11.4.8.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.4.8.2. Market Revenue and Forecast, by Product (2017-2030)

11.4.8.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.4.8.4. Market Revenue and Forecast, by Application (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.5.5. Brazil

11.5.5.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Product (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.5.5.4. Market Revenue and Forecast, by Application (2017-2030)

11.5.6. Rest of LATAM

11.5.6.1. Market Revenue and Forecast, by Power Type (2017-2030)

11.5.6.2. Market Revenue and Forecast, by Product (2017-2030)

11.5.6.3. Market Revenue and Forecast, by Charging Station Type (2017-2030)

11.5.6.4. Market Revenue and Forecast, by Application (2017-2030)

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. AeroVironment Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. ChargePoint, Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Chargemaster PLC

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. ClipperCreek, Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Eaton Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. SemaConnect, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Leviton Manufacturing Co., Inc.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Schneider Electric SE

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Tesla, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

12.11. Siemens AG

12.11.1. Company Overview

12.11.2. Product Offerings

12.11.3. Financial Performance

12.11.4. Recent Initiatives

12.12. Webasto SE

12.12.1. Company Overview

12.12.2. Product Offerings

12.12.3. Financial Performance

12.12.4. Recent Initiatives

12.13. EVOTEC AG

12.13.1. Company Overview

12.13.2. Product Offerings

12.13.3. Financial Performance

12.13.4. Recent Initiatives

12.14. Delta Electronics, Inc.

12.14.1. Company Overview

12.14.2. Product Offerings

12.14.3. Financial Performance

12.14.4. Recent Initiatives

12.15. Ecotap BV

12.15.1. Company Overview

12.15.2. Product Offerings

12.15.3. Financial Performance

12.15.4. Recent Initiatives

12.16. Heliox

12.16.1. Company Overview

12.16.2. Product Offerings

12.16.3. Financial Performance

12.16.4. Recent Initiatives

12.17. COMECA Group

12.17.1. Company Overview

12.17.2. Product Offerings

12.17.3. Financial Performance

12.17.4. 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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James Root

James Root have over 6+ years of experience working in business development, and customer retention. I’ve gained my experience through serving higher education, healthcare, automotive, aerospace, manufacturing, local government and hospitality businesses with technical solutions.

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