Growth in sales of electric vehicles and rising environmental concerns are the major drivers in the growth of the EV charging station market. According to Goldstein Research, electric vehicle charging station market is expected to reach USD 12.9 billion by the end of 2024, growing at a CAGR of 25.7% over the forecast period, 2016-2024.
Global Electric vehicle charging station market segmentation has been done on the basis of charging station type, charging connector type, charging station location and geography. AC charging station acquires the largest market share of more than 45% and it is expected to continue its dominance over the forecast period, growing at a CAGR of 18.4%. Global Electric vehicle charging station market is dominated by Asia-Pacific, accounted for 40% revenue share. China has been the fastest growing market on the back of most opportunistic region for the growth of EV charging station. APAC is closely followed by North America and Europe.
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Market Segmentation
On the basis of our in-depth analysis, Global Electric Vehicle Charging Station Market can be segmented as follows:
By Charging Station Type
• AC Charging Station
• DC Charging Station
• Inductive Charging Station
By Charging Connectors Type
• CHAdeMO (Charge de Move)
• CCS (Combined Charging System)
• Others (Supercharger Connectors etc.)
By Charging Station Location
• Residential
• Commercial
By Region
• North America Electric Vehicle Charging Station Market Analysis, 2016-2024
• Europe Electric Vehicle Charging Station Market Analysis, 2016-2024
• The Middle East And Africa Electric Vehicle Charging Station Market Analysis, 2016-2024
• Latin America Electric Vehicle Charging Station Market Analysis, 2016-2024
• Asia Pacific Electric Vehicle Charging Station Market Analysis, 2016-2024
• Rest Of The World Electric Vehicle Charging Station Market Analysis, 2016-2024
Electric Vehicle Charging Station Market Report contains a detailed overview of the global electric vehicle charging station market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by charging station type, charging connectors type, charging station location and geography.
The Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of electric vehicle charging station market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global electric vehicle charging station market discussed in the report are ABB Ltd., AeroVironment Inc., ChargePoint Inc., Delphi Automotive Plc., Eaton Corp. Plc., ChargemasterPlc, GE Company, Pod Point Ltd., Schneider Electric SE, SemaConnect Inc., Siemens AG, Tesla Motors Inc., Clipper Creek Inc., Leviton, Evatran, Addnergie, Bosch, Efacec, EV-Box, Mojo Mobility, Momentum Dynamics Corporation, POD Point, Signet Electronic Systems and WiTricity, etc.
Further, the Report encompasses the major trends & growth opportunities, market dynamics, growth factors, key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis Market Attractiveness and electric vehicle charging station market forecast. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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