Authored By: Sarah
24 Feb 2022

Electric Vehicle (EV) Charging Station Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

Global electric vehicle (EV) charging station market is likely to post an incremental growth of $ 22.02 billion, accelerating at a CAGR of almost 31% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.


Request for Our Free Sample Report for detailed Insights


Electric Vehicle (EV) Charging Station Market to Grow by $ 22.02 Billion through 2021-2025 | Leading Segments and Market TrendsElectric Vehicle (EV) Charging Station Market: Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented by Type (AC and DC) and Geography (APAC, Europe, North America, MEA, and South America).
  • 46% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Electric Vehicle (EV) Charging Station Market size.

Electric Vehicle (EV) Charging Station Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Increasing number of M&A and strategic partnerships will be a significant factor in driving the growth of the Electric Vehicle (EV) Charging Station Market.
  • Government subsidies and incentives will be instrumental in driving the market growth during the forecast period.
  • Lack of standardization in EV charging infrastructure is a hurdle that needs to be crossed on the path to success.

Electric Vehicle (EV) Charging Station Market: Vendor Analysis

  • The market is fragmented.
  • ABB Ltd., ChargePoint Inc., ENGIE SA, EV Safe Charge Inc., EVgo Services LLC, Tesla Inc., LEViton Manufacturing Co. Inc., Schneider Electric SE, Siemens AG, and Webasto SE are some of the major market participants.
  • The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

  • Electric Vehicle (EV) Charging Station Market Split by Type
    • AC
    • DC
  • Electric Vehicle (EV) Charging Station Market Split by Geography
    • APAC
    • Europe
    • North America
    • MEA
    • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • ABB Ltd.
  • ChargePoint Inc.
  • ENGIE SA
  • EV Safe Charge Inc.
  • EVgo Services LLC
  • Tesla Inc.
  • LEViton Manufacturing Co. Inc.
  • Schneider Electric SE
  • Siemens AG
  • Webasto SE

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional lEVel along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Browse through some of other related market research reports for more insights:

  • Electric Vehicle Charger Market: Accelerating at a CAGR of 28.35%, the Global Electric vehicle charger market is expected to grow by 26825.74 th units during the forecast period. 
  • Low-speed Vehicle Market: The low-speed vehicle market is expected to grow by $ 1.64 billion, accelerating at a CAGR of almost 8% during the forecast period.
  • Electric Vehicle Range Extender Market: The Global electric vehicle range extender market is expected to grow by $ 554.27 million, accelerating at a CAGR of over 9.12% during the forecast period.
  • Electric Vehicle Battery Current Sensor Market: The electric vehicle battery current sensor market is expected to grow by 174.08 th units, decelerating at a CAGR of almost 17.68% during the forecast period.
  • Low Speed Electric Vehicle (LSEV) Market: Accelerating at a CAGR of 28.32%, the Global Low speed electric vehicle (LSEV) market is expected to grow by 7340.52 th units during the forecast period.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 31%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 22.02 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing number of M&A and strategic partnerships will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    46% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are ABB Ltd., ChargePoint Inc., ENGIE SA, EV Safe Charge Inc., EVgo Services LLC, Tesla Inc., LEViton Manufacturing Co. Inc., Schneider Electric SE, Siemens AG, and Webasto SE

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (AC and DC) and Geography (APAC, Europe, North America, MEA, and South America)

Electric Vehicle (EV) Charging Station Market Size to Grow by $ 22.02 bn During 2021-2025

Technavio has been monitoring the electric vehicle (EV) charging station market and it is expected to grow by $ 22.02 bn, accelerating at a CAGR of almost 31% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Electric Vehicle (EV) Charging Station Market: Receive Free Sample Report


Electric Vehicle (EV) Charging Station Market: APAC to lead market growth during the forecast period

  • 46% of the market growth will originate from APAC during the forecast period.
  • Declining prices of lithium-ion batteries will be a key trend that will influence market growth significantly.
  • The Increasing number of m&a and strategic partnerships will be a significant factor in driving the growth of the electric vehicle (EV) charging station market.

Electric Vehicle (EV) Charging Station Market to Grow by $ 22.02 Billion through 2021-2025 | Leading Segments and Market Trends

Electric Vehicle (EV) Charging Station Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., ChargePoint Inc., ENGIE SA, EV Safe Charge Inc., Evgo Services LLC, Leviton Manufacturing Co. Inc., Schneider Electric SE, Siemens AG, Tesla Inc., and Webasto SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. For more insights on this market: Download a Free Sample Report

Electric Vehicle (EV) Charging Station Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electric vehicle (EV) charging station market growth during the next five years
  • Precise estimation of the electric vehicle (EV) charging station market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric vehicle (EV) charging station market industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric vehicle (EV) charging station market vendors

Electric Vehicle (EV) Charging Station Market Size to Grow by $ 22.02 Billion through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the electric vehicle (EV) charging station market and it is expected to grow by $ 22.02 billion, accelerating at a CAGR of almost 31% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prEValent market forces, trends, and drivers along with competitive benchmarking


Electric Vehicle (EV) Charging Station Market: Receive Free Sample Report


Electric Vehicle (EV) Charging Station Market: Emerging Trends to Impact Market Growth

Declining prices of lithium-ion batteries to emerge as a key trend in the industrial electric vehicle (EV) charging station market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Government subsidies and incentives will facilitate the electric vehicle (EV) charging station market growth in APAC over the forecast period. 46% of the market growth will originate from APAC during the forecast period with China being the key market in the region.

Electric Vehicle (EV) Charging Station Market to Grow by $ 22.02 Billion through 2021-2025 | Leading Segments and Market Trends

Electric Vehicle (EV) Charging Station Market: Vendor Analysis

The market is fragmented due to the presence of sEVeral players. The growth of the players depends on sEVeral factors such as market conditions, government support, and industry dEVelopment. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., ChargePoint Inc., ENGIE SA, EV Safe Charge Inc., EVgo Services LLC, LEViton Manufacturing Co. Inc., Schneider Electric SE, Siemens AG, Tesla Inc., and Webasto SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional lEVel along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations. For more insights into this market: Download a Free Sample Report

 

Read News Read Less
Interested in this report?
Get your sample now!
Technavio