Electric Vehicle Charging Stations Market Research Statistics, Business Strategy, Industry Share And Growing Trends


Electric Vehicle Charging Station Market size was valued at US$ 19.28 Bn. in 2021 and the total revenue is expected to grow at 30.8% through 2022 to 2029, reaching US$ 165.18 Bn.

Electric Vehicle Charging Station Market Overview

The Electric Vehicle Charging Station Market Report 2020-2029 examines market growth determinants, regional-level analysis, Electric Vehicle Charging Station market distributors, and competitive landscape analysis of major industry players. Every sector of the worldwide Electric Vehicle Charging Station Market is thoroughly explored in the research report. The segment study reveals critical opportunities in the Electric Vehicle Charging Station industry through leading segments. The Electric Vehicle Charging Station market regional research aids readers in acquiring a full grasp of the recent and future developments of the various geographic marketplaces. 

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Electric Vehicle Charging Station Market Scope

The report on Electric Vehicle Charging Station Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, regional outlook, and growth rate. The report acts as a guide for investors as well as stakeholders in the Electric Vehicle Charging Station industry. The report provides the size of the Electric Vehicle Charging Station Market and the Compound Annual Growth Rate for the forecast period (2022 to 2029).

The bottom-up approach is used for the estimation of several market sectors. Regional analysis of the Electric Vehicle Charging Station Market is conducted at the local, regional, and global levels.

Electric Vehicle Charging Station Market Segmentation:

The (EV) EV Charging Station Market is divided into Level 1, Level 2, and Level 3 types depending on the charging level. During the forecast period, level and level 2 charging is anticipated to experience the fastest growth. The number of DC fast chargers (ports) increased by more than 4,200, or 24 percent, at the end of 2021 compared to year-end 2020, according to recent EV adoption, Alternative Fuels Data Center (AFDC) data. During the same time period, the number of Level 2 chargers increased by 13,883, far outpacing the 4,216 new DC fast chargers, though at a slower rate of 18% than the Level 2 chargers with a much larger base.

According to charging infrastructure type, in 2021 the upcoming Tesla supercharger held the largest market share. In order to meet the increasing demands of the industry, Tesla (NASDAQ: TSLA), a manufacturer of electric vehicles (EVs), has seen a significant increase in the number of its supercharger stations. Tesla reported an increase in the number of supercharger stations year over year (YoY) of 33.88% from the 2,966 stations reported at the same time in 2021 to 3,971 stations in Q2 2022. During the first three months of 2022, there were 3,724 stations in total, an increase of 7.13% from the previous quarter. The number of supercharger connections increased in other areas as well, reaching 36,165 in Q2 2022, according to the industry. The figure indicates a 34.44% YoY increase.

Public charging stations held the largest market share in 2021, according to the application. Many EV owners won't be able to use reserved or private parking spaces with charging stations. To refuel their EVs, these owners will need public charging stations. These fuel the market during the projection period. In locations that draw visitors for comparatively longer stays and have parking available, public charging stations are effective. Markets, restaurants, and malls will likely get more charging stations installed. Additionally, installing EV chargers aids in increasing demand in the mall and restaurant sectors.

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Key Players :

• EV Charge Solutions (US)
• Blink Charging (US)
• Tesla, Inc. (US)
• General Electric Company (US)
• Leviton Manufacturing Co., Inc. (US)
• SemaConnect (US)
• ChargePoint, Inc. (US)
• ClipperCreek, Inc. (US)
• EVgo (US)
• Connected Kerb Limited (UK)
• bp pulse (UK)
• ABB Ltd. (Switzerland)
• Siemens AG (Germany)
• Webasto Group (Germany)
• Engie (France)
• Schneider Electric SE (France)
• CIRCUTOR, SA (Spain)
• Telwin SpA (Italy)
• Alfen N.V. (Netherlands)
• Heliox Energy (Netherlands)
• Allego B.V. (Netherlands
• Eaton Corporation plc (Ireland)
• Bell Hub Pty Ltd. (Australia)
• Chargefox Pty Ltd (Australia)
• BRIGHTBLU (India)
• Prodrive Technologies (Japan)

Regional Analysis

The report on the Electric Vehicle Charging Station Market's growth provides a detailed regional analysis. It analysis the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, Electric Vehicle Charging Station market research gains a better perspective and understanding of the market and target audience.

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Key Questions answered in the Electric Vehicle Charging Station Market Report are:

  • What is the forecast period of the Electric Vehicle Charging Station Market?
  • Which region held the largest market share in the Electric Vehicle Charging Station Market?
  • What are the opportunities for the Electric Vehicle Charging Station Market?
  • What key trends are likely to emerge in the Electric Vehicle Charging Station market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Electric Vehicle Charging Station
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Published in

Electronics , Vehicle

Published on

Mar 13, 2023

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