NEW YORK, June 29, 2022 /PRNewswire/ — The electric vehicle (EV) charging station market is expected to grow by USD 15.81 billion from 2021 to 2026, progressing at a CAGR of 20.65% as per the latest forecast market report by Technavio. 63% of the market’s growth will originate from APAC during the forecast period. China is the key market for electric vehicle (EV) charging stations in APAC. Market growth in this region will be faster than the growth of the market in other regions. The high sales of BEVs and PHEVs in countries such as China, Singapore, Japan, and South Korea will facilitate the electric vehicle (EV) charging station market growth in APAC over the forecast period.
Electric Vehicle (EV) Charging Station Market: Segmentation Analysis
The market research report segments the electric vehicle (EV) charging station market by Type (AC and DC) and Geography (APAC, Europe, North America, South America, and the Middle East and Africa).
Revenue Generating Segment: The electric vehicle (EV) charging station market share growth in the AC segment will be significant for revenue generation. The growth is attributed to the advantages of AC charging stations, which are as follows – Low set-up cost & Low installation and maintenance cost.
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Electric Vehicle (EV) Charging Station Market: Drivers
The key factors driving the global electric vehicle (EV) charging station market growth are the increasing number of M&A and strategic partnerships.
For instance, in October 2019, ABB acquired a majority stake in Shanghai Chargedot New Energy Technology Co. Ltd. (Chargedot), an e-mobility solution provider in China, and entered into an agreement with the San Francisco Municipal Transportation Agency (SFMTA). Such factors will further support the market growth in the forecast years.
Electric Vehicle (EV) Charging Station Market: Trends
The increasing number of launches in the field of EV charging solutions is one of the key electric vehicle charging station market trends that are expected to impact the industry positively in the forecast period. The prominent vendors operating in the market have showcased and launched advanced EV chargers in the last couple of years.
For instance, in March 2022, EVI Technologies, an EV charging solutions infrastructure company, announced the launch of its mobile application, which will be useful in locating nearby EV charging stations. Thus, the increasing number of EV charging solution launches will further support the growth of the market under focus.
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Get ready to achieve excellent business outcomes from this exclusive Electric Vehicle (EV) Charging Station Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –
What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?|
Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Electric Vehicle (EV) Charging Station Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Electric Vehicle (EV) Charging Station Market Forecast Report – Buy Now!
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Electric Vehicle (EV) Charging Station Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 20.65% |
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Market growth 2022-2026 |
USD 15.81 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
20.45 |
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Performing market contribution |
APAC at 63% |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Alfen NV, Allego BV, Besen International Group Co. Ltd., Blink Charging Co., ChargePoint Inc., Delta Electronics Inc., ENGIE EPS SA, Enphase Energy Inc., EV Safe Charge Inc., Leviton Manufacturing Co. Inc., Liikennevirta Oy Ltd., LS Power Development LLC, Schneider Electric SE, SemaConnect Inc., Shell plc, Siemens AG, Tesla Inc., Volkswagen AG, and Webasto SE |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Content
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Type
5.1 Market segments
Exhibit 24: Chart on Type – Market share 2021-2026 (%)
Exhibit 25: Data Table on Type – Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 AC – Market size and forecast 2021-2026
Exhibit 28: Chart on AC – Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on AC – Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on AC – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on AC – Year-over-year growth 2021-2026 (%)
5.4 DC – Market size and forecast 2021-2026
Exhibit 32: Chart on DC – Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on DC – Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on DC – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on DC – Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Type
Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 Europe – Market size and forecast 2021-2026
Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.5 North America – Market size and forecast 2021-2026
Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.6 South America – Market size and forecast 2021-2026
Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.8 China – Market size and forecast 2021-2026
Exhibit 62: Chart on China – Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on China – Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on China – Year-over-year growth 2021-2026 (%)
7.9 Germany – Market size and forecast 2021-2026
Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.10 UK – Market size and forecast 2021-2026
Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.11 France – Market size and forecast 2021-2026
Exhibit 74: Chart on France – Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on France – Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on France – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on France – Year-over-year growth 2021-2026 (%)
7.12 US – Market size and forecast 2021-2026
Exhibit 78: Chart on US – Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on US – Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on US – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 ABB Ltd.
Exhibit 89: ABB Ltd. – Overview
Exhibit 90: ABB Ltd. – Business segments
Exhibit 91: ABB Ltd. – Key offerings
Exhibit 92: ABB Ltd. – Segment focus
10.4 ChargePoint Inc.
Exhibit 93: ChargePoint Inc. – Overview
Exhibit 94: ChargePoint Inc. – Product / Service
Exhibit 95: ChargePoint Inc. – Key offerings
10.5 ENGIE EPS SA
Exhibit 96: ENGIE EPS SA – Overview
Exhibit 97: ENGIE EPS SA – Product / Service
Exhibit 98: ENGIE EPS SA – Key offerings
10.6 EV Safe Charge Inc.
Exhibit 99: EV Safe Charge Inc. – Overview
Exhibit 100: EV Safe Charge Inc. – Product / Service
Exhibit 101: EV Safe Charge Inc. – Key offerings
10.7 Leviton Manufacturing Co. Inc.
Exhibit 102: Leviton Manufacturing Co. Inc. – Overview
Exhibit 103: Leviton Manufacturing Co. Inc. – Product / Service
Exhibit 104: Leviton Manufacturing Co. Inc. – Key offerings
10.8 LS Power Development LLC
Exhibit 105: LS Power Development LLC – Overview
Exhibit 106: LS Power Development LLC – Product / Service
Exhibit 107: LS Power Development LLC – Key offerings
10.9 Schneider Electric SE
Exhibit 108: Schneider Electric SE – Overview
Exhibit 109: Schneider Electric SE – Business segments
Exhibit 110: Schneider Electric SE – Key news
Exhibit 111: Schneider Electric SE – Key offerings
Exhibit 112: Schneider Electric SE – Segment focus
10.10 Siemens AG
Exhibit 113: Siemens AG – Overview
Exhibit 114: Siemens AG – Business segments
Exhibit 115: Siemens AG – Key news
Exhibit 116: Siemens AG – Key offerings
Exhibit 117: Siemens AG – Segment focus
10.11 Tesla Inc.
Exhibit 118: Tesla Inc. – Overview
Exhibit 119: Tesla Inc. – Business segments
Exhibit 120: Tesla Inc. – Key offerings
Exhibit 121: Tesla Inc. – Segment focus
10.12 Webasto SE
Exhibit 122: Webasto SE – Overview
Exhibit 123: Webasto SE – Product / Service
Exhibit 124: Webasto SE – Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 125: Inclusions checklist
Exhibit 126: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 127: Currency conversion rates for US$
11.4 Research methodology
Exhibit 128: Research methodology
Exhibit 129: Validation techniques employed for market sizing
Exhibit 130: Information sources
11.5 List of abbreviations
Exhibit 131: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
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Email: [email protected]Website: www.technavio.com/
SOURCE Technavio
