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Electric Vehicle Supply Equipment Market size is expected to surpass around US$ 212 billion by 2030

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[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global electric vehicle supply equipment market was valued at around USD 33.02 billion in 2021 and is expected to register revenues worth USD 212 billion by the end of 2030, growing at an exceptional CAGR of approximately 36% between 2022 and 2030.

Electric Vehicle Supply Equipment

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Electric Vehicle Supply Equipment Market 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.

Electric Vehicle Supply Equipment Market Report Scope
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
Electric Vehicle Supply Equipment Market Report Highlights
  • 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.

Competition Landscape

The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ Electric Scooters Market growth at a CAGR of 8.1% by 2030

some of the prominent players in the 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 Segments

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

Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region.

This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global electric vehicle supply equipment market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the electric vehicle supply equipment market.

The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.

Why should you invest in this report?

If you are aiming to enter the global electric vehicle supply equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric vehicle supply equipment 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 2021-2030 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 Contents

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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