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The Electric Vehicle Supply Equipment Market To Come Out Stronger Amidst Technological Upgradations

The global electric vehicle supply equipment market is slated to touch a value of about US$ 726 Mn in the year 2022 and grow at a moderate CAGR during the assessment period.

The global market for electric vehicle supply equipment is gaining popularity all around the world due to the increasing popularity of electric vehicles. An electric vehicle supply equipment, also known as electric vehicle charging station, electric recharging point or even charge point, and is used to supply electricity in order to recharge electric vehicles such as electric cars or hybrids. In the present times, there is a rapid awareness about pressing environmental issues like degrading air quality due to the burning of the fossil fuels which also leads to other complex issues such as that of global warming. In order to counter such issues, governments all over the world are encouraging the sales of electric vehicles in which the emissions are nil. In order to encourage the sales of electric vehicles, governments all over the world are giving subsidies on the electric vehicles and exempting them from paying road tax. In addition, manufacturers are investing a great deal in R&D to offer more advanced versions of electric cars that are also affordable for the general public.

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FACTS AT A GLANCE

Companies: ABB Ltd, Schneider Electric S.E., Tesla Inc., General Electric Company, ChargePoint, Inc., SemaConnect, Inc., Car Charging Group, Inc., Robert Bosch GmbH, Eaton Corporation PLC, and AeroVironment, Inc.

Coverage: All major geographies and key segments

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Segments: Charger Type(Level 1 (≤ 3.7 kW),Level 2 > 3.7 kW and ≤ 22 kW,Level 2 (≤ 22 kW),Level 3 (> 22 kW and ≤ 43.5 kW),Level 3 (< 150 kW),Level 3 (< 200 kW)); End User(Residential,Commercial,Train stations,Government buildings)

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

electric vehicle supply equipment market

ABSTRACT-

Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Electric Vehicle Supply Equipment Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’. In this report, the global electric vehicle supply equipment market is explored in great detail, and the market dynamics of the global electric vehicle supply equipment market has been covered comprehensively, explaining the report readers about the drivers, restraints and trends operating in this highly competitive market. Also, analysis of the data over different parameters has been done in order to arrive at market numbers concerning the global electric vehicle supply equipment market. Besides, competition landscape of the global electric vehicle supply equipment market is also covered in this report, giving information about the key companies operating in the global electric vehicle supply equipment market.

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In the first part of the report, the executive summary and the introduction are given. The executive summary offers an overview of the global electric vehicle supply equipment market and gives pertinent market numbers that are most significant, and include the historical CAGR growth from 2012 to 2016 and the forecasted CAGR from the year 2017 to the end of the forecast period. Information about lucrative markets from the point of view of leading revenue share and highest CAGR are also included in the executive summary.

In the introduction section, the electric vehicle supply equipment market is defined in detail so that the report readers are clear about the scope of this market. The next section of the report provides information on key dynamics of the electric vehicle supply equipment market. Key points covered in this section include the global economy, fiscal stimulus and bottom line of enterprises.

In the subsequent section of the report, information is given on the cost structure analysis and pricing analysis of the global electric vehicle supply equipment market. An analysis on the market presence of key participants (intensity map) is also offered in this section.

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