Report Feature
The future of the global EV charging station market looks promising with opportunities in battery electric vehicle (BEV), and plug-in hybrid (PHEV) electric vehicle markets. The global EV charging station market is expected to decline in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021 and it is expected to grow 31%-33% from 2021 to 2026. The major drivers for this market are increasing production and demand of electric vehicles, government policies and subsidies and environmental concerns.
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The study includes trends and forecast for the global EV charging station market by application, charging level, vehicle type, charging station type, installation type and region as follows:
By Application [Value ($ Million) from 2015 to 2026]:
- Public
- Private
By Charging Level [Value ($ Million) from 2015 to 2026]:
- Level 1
- Level 2
- Level 3
By Vehicle Type [Value ($ Million) from 2015 to 2026]:
- Battery Electric Vehicle (BEV)
- Plug-In Hybrid Vehicle (PHEV)
By Charging Station Type [Value ($ Million) from 2015 to 2026]:
- Normal Charging
- Super Charging
- Inductive Charging
By Installation Type [Value ($ Million) from 2015 to 2026]:
- Portable
- Fixed
By Region [Value ($ Million) from 2015 to 2026]:
- North America
- United States
- Canada
- Europe
- France
- Germany
- United Kingdom
- APAC
- China
- Japan
- ROW
- Middle East
Some of the EV charging station companies profiled in this report include Tesla, BYD Auto, Siemens, Bosch, Schneider Electric SE, Leviton Manufacturing Co. Inc. and ABB.
Lucintel forecasts that portable charger segment will remain the largest segment and it is also expected to witness the highest growth over the forecast period because portable chargers could be carried easily by the driver and can be used anywhere to charge the car whenever needed, and portable charger eliminates the high cost associated with fixed stationary charging station.
Within the global EV charging station market, the private segment by application is expected to witness the highest growth over the forecast period due to increasing use of electric vehicles by users.
APAC is expected to remain the largest market over the forecast period due to increasing electric vehicle infrastructure development, and government initiatives and funding towards commercialization of electric vehicles.
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Features of the Global EV Charging Station Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global EV charging station market by application (public, and private), charging level (level 1, level 2, and level 3), vehicle type (battery electric vehicle (BEV), and plug-in hybrid vehicle (PHEV)), charging station type (normal charging, super charging, and inductive charging), installation type (portable, and fixed), and region (North America, Europe, Asia Pacific, and the Rest of the World? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global EV charging station market? Q.5 What are the business risks and threats to the global EV charging station market? Q.6 What are emerging trends in this EV charging station market and the reasons behind them? Q.7 What are some changing demands of customers in the EV charging station market? Q.8 What are the new developments in the EV charging station market? Which companies are leading these developments? Q.9 Who are the major players in the EV charging station market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the EV charging station market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global EV charging station market? |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global EV Charging Station Market
4.1 Global EV Charging Station Market by Region
4.2.1 Market by Charging Level: Level 1, Level 2, and Level 3
4.2.2 Market by Application: Public, and Private
4.2.3 Market by Vehicle Type: Battery Electric Vehicle (BEV), and Plug-In Hybrid Vehicle (PHEV)
4.2.4 Market by Charging Station Type: Normal Charging, Super Charging, and Inductive Charging
4.2.5 Market by Installation Type: Portable, and Fixed
4.2.6 The US EV Charging Station Market
4.2.7 Canadian EV Charging Station Market
4.3.1 Market by Charging Level: Level 1, Level 2, and Level 3
4.3.2 Market by Application: Public, and Private
4.3.3 Market by Vehicle Type: Battery Electric Vehicle (BEV), and Plug-In Hybrid Vehicle (PHEV)
4.3.4 Market by Charging Station Type: Normal Charging, Super Charging, and Inductive Charging
4.3.5 Market by Installation Type: Portable, and Fixed
4.3.6 French EV Charging Station Market
4.3.7 EV Charging Station Market of the United Kingdom
4.3.8 German EV Charging Station Market
4.4.1 Market by Charging Level: Level 1, Level 2, and Level 3
4.4.2 Market by Application: Public, and Private
4.4.3 Market by Vehicle Type: Battery Electric Vehicle (BEV), and Plug-In Hybrid Vehicle (PHEV)
4.4.4 Market by Charging Station Type: Normal Charging, Super Charging, and Inductive Charging
4.4.5 Market by Installation Type: Portable, and Fixed
4.4.6 Chinese EV Charging Station Market
4.4.7 Japanese EV Charging Station Market
4.5.1 Market by Charging Level: Level 1, Level 2, and Level 3
4.5.2 Market by Application: Public, and Private
4.5.3 Market by Vehicle Type: Battery Electric Vehicle (BEV), and Plug-In Hybrid Vehicle (PHEV)
4.5.4 Market by Charging Station Type: Normal Charging, Super Charging, and Inductive Charging
4.5.5 Market by Installation Type: Portable, and Fixed
4.5.6 Middle Eastern EV Charging Station Market
7.1.1 Growth Opportunities for the Global EV Charging Station Market by Application
7.1.2 Growth Opportunities for the Global EV Charging Station Market by Charging Level
7.1.3 Growth Opportunities for the Global EV Charging Station Market by Vehicle Type
7.1.4 Growth Opportunities for the Global EV Charging Station Market by Charging Station Type
7.1.5 Growth Opportunities for the Global EV Charging Station Market by Installation Type
7.1.6 Growth Opportunities for the Global EV Charging Station Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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