Electric Vehicle Charging Outlets Market Size, Top Leading Countries, Companies, Drivers, Trends, Revenue, Challenges and Global Forecast 2024
The key purpose of this Electric Vehicle Charging Outlets Market report is to deliver a definite and strategic analysis of this industry. The report evaluates every section and sub-segments presents in Electric Vehicle Charging Outlets market. It delivers some insightful truths into the business constraints by accessing the market growth, consumption volume, the forthcoming market trends, and also the different prices variation for the forecast year.
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As a result the investment in public EV charging infrastructures have considerably increased. For instance, in February 2018, European Union commission approved US$ 81 million for public electric buses and charging infrastructure in Germany. In addition to this, several local governments also declared to increase the installation base of public EV charging outlets in their respective countries. For instance, in June 2017, South Korean government planned to increase the number of public EV chargers to 3,000 by 2020 and 6,000 by 2025. Similarly, in March 2018, Germany’s new government planned to install 100,000 public EV charging outlets by 2020.
Owing to the substantial promotional packages of government plans, the EV charging outlets industry is anticipated to propel in the years to come. Among different types of chargers, slow chargers are expected to dominate the market however, fast chargers are expected to grow at highest CAGR of 37.1% during the forecast period.
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Based on power level offered to the EVs, slow EV chargers can be of two type level 1 and level 2 chargers. Furthermore, across different geographies, Asia Pacific (APAC) dominated the market in 2017 and is expected to remain the largest market for EV charging outlets during the forecast period. The growing market of EVs, supportive governmental programs and initiatives and continuously decreasing cost of batteries, especially in China are attributed to be the major factors behind the highest market share of Asia-Pacific region.
Some of the major key players operating in the global EV charging outlets market includes BYD, EVBox, EVgo, Eaton Corporation., Tesla Inc., ChargePoint Inc., The New Motion, Fortum, General Electric and Schneider Electric. These players are entering into several strategies partnerships, merger-acquisitions, joint-ventures, product launches and business expansions to strengthen their position in the EV charging outlets market. Top players in the market are partnering with governments in their initiate to electrify their transportation sector through wide adoption of electric vehicle, which in turn would increase the overall market for EV charging infrastructure. In addition, to the tie-ups with governments these companies are also investing in the EV charging infrastructure to increase their presence, in turn market share in the fast growing electric vehicle charging infrastructure market.
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Detailed TOC of Global Electric Vehicle Charging Outlets Market: Insights and Forecast 2018-2024: Emphasis on Deployment Type (Public & Private Chargers), Charger Type (Slow & Fast Chargers), Level of Charging (Level 1, Level 2 & Level 3 Chargers)
1 MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.1.1 Key Secondary Sources
2.2 Primary Data
2.2.1 Sampling Techniques & Data Collection Methods
2.2.2 Primary Participants
3. REGULATORY FRAMEWORK AND KEY DEVELOPMENT
3.1 General Overview
3.1.1 North America Key Development for EV & EV Charging Infrastructure
3.1.2 European Key Development for EV & EV Charging Infrastructure
3.1.3 Asia Pacific (APAC) Key Development for EV & EV Charging Infrastructure
3.1.4 Rest of World (RoW) Key Development for EV & EV Charging Infrastructure
4. INDUSTRY PERFORMANCE
5. EXECUTIVE SUMMARY
6. MARKET OVERVIEW
6.1 Introduction
6.2 Market Dynamics
6.2.1 Market Trend & Drivers
6.2.1.1 Stringent Government Regulations to Reduce Carbon Emission
6.2.1.2 Rise in Ownership of Electric Vehicles
6.2.1.3 Increase in Governmental and Private Investments for EV Adoption
6.2.1.4 Falling Price of Electric Vehicle batteries
6.2.2 Market Challenges
6.2.2.1 High Price of EVs Coupled With Availability of Substitute
6.2.2.2 High price of Outlet Hardware and its Installation
6.2.2.3 Ambiguity in Charging Standards
6.2.3 Market Opportunities
6.2.3.1 Increasing Demand of EVs in Emerging Asian Countries
6.2.3.2 Increased Government Initiatives to Electrify Transport Sector
6.2.3.3 Growing Adoption of Solar EV Charging Stations
7. KEY MARKET INDICATORS
7.1 General Overview
7.1.1 Demand and Supply Side Analysis
7.1.2 Value Chain Analysis
8. PRICING ANALYSIS OF EV CHARGING OUTLETS
8.1 General Overview
8.2 Cost of Residential Chargers
8.3 Cost of Public Chargers
8.4 Other Costs
8.5 Regional Cost Analysis
8.6 Areas of Cost Reduction
9. MARKET INSIGHTS, BY DEPLOYMENT TYPE
9.1 General Overview
9.1.1 Public Charging Outlets
9.1.2 Private Charging Outlets
10. MARKET INSIGHTS, BY CHARGER TYPE
10.1 General Overview
10.1.1 Slow Charging Outlets
10.1.2 Fast Charging Outlets
11. MARKET INSIGHTS, BY LEVEL OF CHARGING
11.1 General Overview
11.1.1 Level 1 Charger
11.1.2 Level 2 Chargers
11.1.3 Level 3 Chargers
12. MARKET INSIGHTS, BY MODE OF CHARGING
12.1 General Overview
12.1.1 Plug-In Charging Outlets
12.1.2 Wireless Charging Outlets
13. MARKET INSIGHTS, BY REGION
13.1 General Overview
13.2 North America EV Charging Outlets Market (2018-2025)
13.3 Europe EV Charging Outlet Market (2018-2025)
13.4 Asia-Pacific (APAC) EV Charging Outlet Market (2018-2025)
13.5 Rest of World EV Charging Outlet Market (2018-2025)
14 COMPETITIVE SCENARIO
14.1 Porter’s five forces analysis
14.1.1 Bargaining power of Buyer
14.1.2 Bargaining power of Supplier
14.1.3 Threat of new entrants
14.1.4 Availability of Substitute
14.1.5 Industry Rivalry
14.2 Global EV Charging Outlets Market Share Analysis, 2017
15 TOP COMPANY PROFILES
15.1 Company Name
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Key Product/Services Offerings
15.1.4 SWOT Analysis
15.1.5 Key Financials
15.1.5.1 Revenue Split
15.1.6 Recent Development
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Source: marketwatch
