According to the latest report “Electric Vehicle Charging Stations/Infrastructure Market by charging station, Connector Type, and by Regions with Forecast To 2023, published by Market Research Future, the Global Electric Vehicle Charging Stations Market Shows Relentless Growth during forecast period of 2019 to 2023.
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According to the latest report “Electric Vehicle Charging Stations/Infrastructure Market by charging station (AC charging station, DC charging station and inductive charging station), Connector Type (chademo, CCS and others), and by Regions with Forecast To 2023, published by Market Research Future, the Global Electric Vehicle Charging Stations Market Shows Relentless Growth with Declining Use of ICE Vehicles during forecast period of 2019 to 2023.
Electric Vehicle Charging Stations Market Highlights:
Key Players Mentioned In Report: ABB Ltd. (Switzerland), GE Company (U.S.), Schneider Electric SE (France), Elektromotive Limited (U.K.) and AeroVironment Inc. (U.S.) among others.
Get Free Sample “Electric Vehicle Charging Stations Market Research Report-Global Forecast till 2023” At: https://www.marketresearchfuture.com/sample_request/5401
Electric Vehicle Charging Stations/Infrastructure Market Drivers and Restraints:
The global Electric Vehicle Charging Stations market has fared well the past couple of years owing to the highly favorable ecosystem that complement its sustainable growth. Numerous countries around the world are taking several initiatives that motivate the general population for using electric vehicle (EVs) so the growing concerns associated with environmental pollution and global warming could be curbed. Thus, these initiatives are having a positive impact on the Electric Vehicle Charging Stations market.
With the global economy growing extraordinarily, major emerging countries such as China, India, Thailand, and Indonesia, are becoming manufacturing hubs for global automotive players. As a result of increasing prosperity in the emerging economies, more and more people are able to afford their own cars, particularly in emerging Asian economies such as China and India. In order to tap these rising consumer automobile preferences, leading global automotive players such as Volkswagen, BMW, Toyota, and Ford are entering into new emerging markets for business expansion. As the global auto-manufacturers continue to expand into growing and emerging markets, the demand for electric vehicles will also rise.
High initial cost associated with electric vehicles batteries is expected to act as a major hurdle for the electric vehicle charging station market. Although the electric vehicle battery prices have been declining at a steady pace, the batteries still constitute a major chunk of the electric vehicles price, thus alienating a significant customer base.
Global Electric Vehicle Charging Stations/Infrastructure Market Segments Analysis:
The charging stations in the global EV charging station market are AC charging station, DC charging station and inductive charging station.
The DC charging stations have the ability to charge an EV in the amount of time that is much less compared to the AC charging stations, thus elevating the appeal of this segment in the global Electric Vehicle Charging Stations market. Whereas, the types of connectors mentioned in the report include chademo, CCS and others.
Global Electric Vehicle Charging Stations Market Regional Analysis:
This market for electric vehicle charging station has seen substantial growth over the past few years and it has been experienced that the market will remain on the same growth level till forecast period.
On the global platform, Asia Pacific has managed to climb to the top with the largest market, trailed by Europe and North America. The most obvious reasons backing this growth are the rapidly increasing sales of electric vehicles, strongly supported by government initiatives as well as the increasing fuel prices which are elevating the demand for electric vehicles. For instance, in September 2017, the government in Singapore had launched the first large-scale EV car sharing program called BlueSG. The program is a subsidiary of Bollore Group and is set to install at least 500 charging stations that are equipped with 2,000 charging points across the country.
The electric vehicle charging station market is currently flourishing in North America. The massive outlay in the development of electric vehicle infrastructure in the form of recharge stations and other policies, are expected to drive the market for electric vehicle charging stations in this region. In North America, the sales of electric car have doubled since 2014, which clearly implies that the demand for electric vehicle charging stations have been rising on a rapid pace. Over the past few years, the sales of electric vehicles have doubled in the US, which means the market will generate ample revenue. The major factors that have driven the US market are rising demand for electric cars, government initiatives and high disposable income.
Report Overview:
The report for Global Electric Vehicle Charging Stations Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
List Of Tables:
TABLE 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION 2011-2027, ($ MILLION) 19
TABLE 2 EUROPE ELECTRIC VEHICLE CHARGING STATION FOR MINING, BY REGION 2011-2027, (MILLION) 19
TABLE 3 EUROPE ELECTRIC VEHICLE CHARGING STATION FOR MARINE, BY REGION 2011-2027, (MILLION) 20
TABLE 4 EUROPE ELECTRIC VEHICLE CHARGING STATION FOR WATERTREATMENT, BY REGION 2011-2027, (MILLION) 20
TABLE 5 EUROPE ELECTRIC VEHICLE CHARGING STATION FOR PHARMACEUTICAL, BY REGION 2011-2027, (MILLION) 20
Continued…
LIST OF FIGURES:
FIG. 1 ELECTRIC VEHICLE CHARGING STATIONS INDUSTRY SEGMENTATION
FIG. 2 GLOBAL ELECTRIC VEHICLE CHARGING STATIONS MARKET VOLUME & REVENUE, (TONS) (USD MILLION), 2012 – 2023
FIG. 3 ELECTRIC VEHICLE CHARGING STATIONS ECOSYSTEM ANALYSIS
FIG. 4 ELECTRIC VEHICLE CHARGING STATIONS INDUSTRY IMPACT FORCES
FIG. 5 GLOBAL OILSEED PRODUCTION FROM 2008/09 TO 2014/15 (MILLION METRIC TONS)
FIG. 6 GLOBAL OILSEED PRODUCTION SHARE BY PRODUCT, 2013
Continued…
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Source: MarketersMedia
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