Global Electric Vehicle Infrastructure Market to Grow Further, Forecasts TechSci Research in Its New Report Published at MarketPublishers.com17 Jun 2016 • by Natalie Aster
LONDON – Electric vehicles’ adoption is set to keep on growing in the upcoming years and its growth will be a major factor igniting growth of the world’s market for electric vehicle infrastructure.
Adoption of the vehicles is particularly high across developed countries since these countries can boast higher per capita purchasing power if compared to other countries.
The global marketplace is expected to grow at a high rate of more than 27% through 2021 due to government support and growing concerns over impact air pollution has on environment.
Grid integration of electric vehicles is forecast to encourage growth of this marketplace in the upcoming years.
Virtual power plants’ concept and smart grid technologies’ evolution will be other factors igniting the electric vehicle markets as well as related charging infrastructure.
Increasing need for flexibility in power systems, rising focus on the market for ancillary services and hydrogen fuel cell’s emergence comprise some of major trends and development of this marketplace.
DBT-CEV, Greenlots, NRG EVgo and Schneider Electric are amongst key companies involved in this market globally.
New research report “Global Electric Vehicle Infrastructure Market By Type, By Installed Location, By Region, Competition Forecast and Opportunities, 2011 - 2021” elaborated by TechSci Research offers an up-close look at the world’s electric vehicle infrastructure marketplace. The study comprises a 360-degre overview of this evolving market. It estimates a sizing of the marketplace, covers its shares and assesses its attractiveness.
The report throws light on all segment of the marketplace and delves deep into regional and country performance. The research study limeligts challenges as well as drivers of this market. Trends and developments are canvassed in the report, too.
The competitive landscape is also analyzed in the research study. Strategic recommendations and future projections are available, as well.
More new reports by our partner can be found at TechSci Research page.