An extensive analysis on the market for Electric Vehicle Charging Infrastructure has been published by a reputable market research company, and it projects tremendous development potential over the forecast period. The market is predicted to develop at a strong compound annual growth rate (CAGR) of 33.2% from 2021 to 2031, reaching a valuation of $212,414.5 million.

Electric and hybrid vehicle production and sales are on the rise, and they are now recognised as major industry growth drivers. The demand for electric vehicles is soaring as the world moves towards environmentally friendly transportation options. By giving EV owners easy and effective charging alternatives, electric vehicle charging infrastructure plays a critical role in promoting the wide adoption of EVs.

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The market for infrastructure to support electric vehicle charging has expanded as a result of rapid urbanisation. The demand for a reliable and accessible charging infrastructure grows as more people move to cities. The need for reliable charging infrastructure networks in cities is fueled by the reliance of urban residents on charging stations to meet their daily commuting and travel needs.

The report identifies rising worries about the damaging effects of carbon footprints as a key driver of market expansion. To combat air pollution and lower greenhouse gas emissions, governments and environmental organisations all around the world are aggressively promoting sustainable transportation options. To promote the use of electric vehicles and the growth of the charging infrastructure, initiatives and subsidies are being introduced.

Additionally, the market for electric vehicle charging infrastructure will undergo a transformation because to the adoption of 5G and artificial intelligence technology. These cutting-edge technologies provide seamless connectivity, intelligent energy management, and improved user experiences, which further fuel industry expansion.

Insightful information about current market dynamics, trends, and potential possibilities are provided in this in-depth market research analysis, enabling stakeholders to make wise business decisions in the quickly developing global market for electric vehicle charging infrastructure.

Highlighted with 106 tables and 90 figures, this 182-page report “Global Electric Vehicle Charging Infrastructure Market 2021-2031 by Component (Hardware, Service), Connector (CHAdeMO, CCS, Others), Charger Type (Slow, Fast), Charging Mode (AC, DC, Wireless), Charging Voltage (Level 1-3), Location (Commercial, Residential), Vehicle Type (Passenger Cars, Commercial Vehicles), Application (Private, Public), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global electric vehicle charging infrastructure market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global electric vehicle charging infrastructure market in every aspect of the classification from perspectives of Component, Connector, Charger Type, Charging Mode, Charging Voltage, Location, Vehicle Type, Application, and Region.

View Report Scope and Latest Developments in the Market: MW Link: - https://www.marketwatch.com/press-release/electric-vehicle-charging-infrastructure-market-research-utilizing-emerging-trends-2032-top-key-players-updates-business-growth-techniques-and-competitive-dynamics-2023-06-02?mod=search_headline

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Hardware
Service

Based on Connector, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Charge De Move (CHAdeMO)
Combined Charging System (CCS)
Other Connectors

By Charger Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Slow Charger
Fast Charger

By Charging Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

AC Charging
DC Charging
Wireless Charging

By Charging Voltage, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Level 1 (120 Volt)
Level 2 (208-240 Volt)
Level 3 (400-900 Volt)

By Location, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Commercial Use
Residential Use

By Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Passenger Cars
Commercial Vehicles

By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Private Charging Stations
Public Charging Stations

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Norway, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Spain, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Connector, Charging Mode and Location over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

ABB Limited
Bp Chargemaster
BP Pulse
BTC Power
ChargePoint Inc.
ClipperCreek, Inc.
Eaton Corporation plc
Efacec
EV Solutions (Webasto)
Evbox (ENGIE)
Evgo (L.S. Power)
Leviton Manufacturing Co. Inc.
Qingdao Tgood Electric Co., Ltd.
Schneider Electric SE
SemaConnect Inc.
Siemens AG
Star Charge
Tesla Motors Inc.
The Newmotion BV (Shell)
The State Grid Corporation of China (SGCC)
Tritium Pty Ltd

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