The global Electric Vehicle (EV) charging stations market size reached USD 6.72 Billion in 2021 and is expected to register a revenue CAGR of 38.7% during the forecast period, according to latest analysis by Emergen Research. Increasing purchase of electronic vehicles, government policies, and financing for expansion of electric vehicle charging stations are expected to support market revenue growth between 2022 and 2030.

The Global Electric Vehicle Charging Stations Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

Demand for electric vehicle charging stations is continuously rising due to increased adoption of electric cars across the globe. Rising Carbon Dioxide (CO2) emissions and other hazardous pollutants due to petrol and diesel transportation led people to shift to electric vehicle, which is expected to drive revenue growth during the forecast period. In addition, rising adoption of green and renewable energy is also expected to boost electric vehicle charging stations market growth.

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However, high initial setup cost for electric vehicle charging stations is hampering market revenue growth. Initial cost for installing and setting up an EV charging station is high, especially for level 3 and other fast-charging stations. In addition, other expenses related to electricity, manpower, maintenance, permit taxes, and installation of electrical charging equipment are increasing overall expenses to set up an electric vehicle charging station, which is expected to hamper market revenue growth to some extent.

Key insights presented in the report:

  • Market revenue shares by major business players, by type, by application, and market scope of global Electric Vehicle Charging Stations market
  • Sales revenue by key players and new entrants
  • Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to provide insight into recent trends and opportunities

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

Emergen Research has segmented global electric vehicle charging stations market on basis of charging level, charging infrastructure, vehicle type, installation type, application, and region:

  • Charging level Outlook (Revenue, USD Billion; 2019–2030)
    • Level 1 (120V)
    • Level 2 (208V-240V)
    • Level 3 (Up to 600V)
  • Charging Infrastructure Outlook (Revenue, USD Billion; 2019–2030)
    • Normal Charging
    • Combines Charging Station (CCS)
    • CHAdeMO
    • Tesla Supercharger
    • Type-2
  • Vehicle Type Outlook (Revenue, USD Billion; 2019–2030)
    • Electric Bike
    • Plug-In Hybrid Electric Vehicle (PHEV)
    • EV Passenger Cars
    • Heavy Commercial Vehicles
    • Light Commercial Vehicles
    • Others
  • Installation Type Outlook (Revenue, USD Billion; 2019–2030)
    • Portable Chargers
    • Fixed Chargers
  • Application Type Outlook (Revenue, USD Billion; 2019–2030)
    • Public
    • Private

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The report also discusses key players involved in the market, such as ABB Ltd., Tesla Inc., Chargepoint, Inc., BP Pulse, Schneider Electric SE, Semaconnect Network, EVGO Services LLC, EVBox Group, Eaton Corporation PLC, Shell PLC, Blink Charging Co., Siemens AG, Webasto SE, and Hyundai Motor Company as well as new entrants in the market. The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Questions Answered in the Report:

  • What will be the estimated growth rate of the Electric Vehicle Charging Stations market by 2027?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Electric Vehicle Charging Stations market throughout the forecast period?
  • What are the current and future market trends of the Electric Vehicle Charging Stations market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

The report demonstrates the progress and advancement achieved by the global Electric Vehicle Charging Stations market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.

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