Electric Vehicle Charging Stations Market Size Attractiveness Analysis and Key Investment Opportunity and Forecast to 2030
Market Overview
Electric vehicle charging stations are defined as a site where one or more EVSEs are installed. These sites can be residential, non-residential, or commercial. Electrical energy is supplied through special connectors that conform to the variety of electric charging connector standards for the recharging of plug-in electric vehicles—including electric cars, electric buses, and special-purpose electric vehicles.
Market Highlights
Electric Vehicle Charging Stations Market is expected to project a notable CAGR of 33.35% in 2031
Electric Vehicle Charging Stations Market to surpass USD 291.01 billion by 2031 from USD 16.37 billion in 2021 at a CAGR of 33.35% in the coming years, i.e., 2022-31. Government initiatives to promote the adoption of electric vehicles and associated infrastructure, rising demand for electric vehicle fast-charging infrastructure, rising prevalence of range anxiety, and increased deployment of EVs by shared mobility operators are all contributing to the overall growth of the electric vehicle charging stations market.
Electric Vehicle Charging Stations Market: Segments
segment to grow with the highest CAGR during 2021-31
Electric Vehicle Charging Stations Market is segmented by Connection Type into pantograph, connectors, and wireless charging. The connectors segment held the largest market share in 2021 and is anticipated to register the highest growth over the forecast period. The large share of this segment is mainly attributed to government initiatives to expand the DC fast-charging station infrastructure and increasing investment by stakeholders of electric mobility in emerging economies for developing EV charging infrastructure.
Passenger Cars segment to grow with the highest CAGR during 2021-31
Electric Vehicle Charging Stations Market is segmented by Vehicle Type into Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles, Two-wheelers & Scooters. Over the projection period, the Passenger Cars sector is expected to increase at the fastest rate. The segment's growth is attributed to the favorable government policies and subsidies for promoting the adoption of electric vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing fuel prices, and proactive participation by automotive OEMs in producing electric passenger vehicles.
Electric Vehicle Charging Stations Market: Key Players
IBM Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
R3TEK
Oracle Corporation
Linux Foundation
Microsoft Corporation
Tata Consultancy Services Limited
LeewayHertz
Chain, Inc.
JD.com, Inc.
Itransition
Electric Vehicle Charging Stations Market: Regions
Electric Vehicle Charging Stations market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Electric Vehicle Charging Stations market in Asia Pacific held the largest market share in the year 2020. In the Electric Vehicle Charging Stations market, Asia Pacific is expected to have the highest market size. The large share of this region is mainly attributed to the growing demand for electric vehicles in countries such as China and Japan and rising government initiatives to reduce greenhouse gas emissions, which, in turn, is poised to increase the adoption of electric vehicles.
Segmentation
By Charging Level
Level 1
Level 2
DC Fast Charging
By Vehicle type
Passenger Cars
Heavy Commercial Vehicles
Light Commercial Vehicles
Two-wheelers & Scooters
By Connection type
Connectors
Pantograph
Wireless EV charging
By Component
Hardware
Software
Services
By DC fast charging
Fast
Ultra-Fast
By Mounting type
Wall Mount
Pedestal Mount
Ceiling Mount
Electric Vehicle Charging Stations Market Dynamics
Electric Vehicle Charging Stations Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Electric vehicle charging stations are defined as a site where one or more EVSEs are installed. These sites can be residential, non-residential, or commercial. Electrical energy is supplied through special connectors that conform to the variety of electric charging connector standards for the recharging of plug-in electric vehicles—including electric cars, electric buses, and special-purpose electric vehicles.
Market Highlights
Electric Vehicle Charging Stations Market is expected to project a notable CAGR of 33.35% in 2031
Electric Vehicle Charging Stations Market to surpass USD 291.01 billion by 2031 from USD 16.37 billion in 2021 at a CAGR of 33.35% in the coming years, i.e., 2022-31. Government initiatives to promote the adoption of electric vehicles and associated infrastructure, rising demand for electric vehicle fast-charging infrastructure, rising prevalence of range anxiety, and increased deployment of EVs by shared mobility operators are all contributing to the overall growth of the electric vehicle charging stations market.
Electric Vehicle Charging Stations Market: Segments
segment to grow with the highest CAGR during 2021-31
Electric Vehicle Charging Stations Market is segmented by Connection Type into pantograph, connectors, and wireless charging. The connectors segment held the largest market share in 2021 and is anticipated to register the highest growth over the forecast period. The large share of this segment is mainly attributed to government initiatives to expand the DC fast-charging station infrastructure and increasing investment by stakeholders of electric mobility in emerging economies for developing EV charging infrastructure.
Passenger Cars segment to grow with the highest CAGR during 2021-31
Electric Vehicle Charging Stations Market is segmented by Vehicle Type into Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles, Two-wheelers & Scooters. Over the projection period, the Passenger Cars sector is expected to increase at the fastest rate. The segment's growth is attributed to the favorable government policies and subsidies for promoting the adoption of electric vehicles, growing awareness regarding the role of electric vehicles in reducing emissions, increasing fuel prices, and proactive participation by automotive OEMs in producing electric passenger vehicles.
Electric Vehicle Charging Stations Market: Key Players
IBM Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
R3TEK
Oracle Corporation
Linux Foundation
Microsoft Corporation
Tata Consultancy Services Limited
LeewayHertz
Chain, Inc.
JD.com, Inc.
Itransition
Electric Vehicle Charging Stations Market: Regions
Electric Vehicle Charging Stations market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Electric Vehicle Charging Stations market in Asia Pacific held the largest market share in the year 2020. In the Electric Vehicle Charging Stations market, Asia Pacific is expected to have the highest market size. The large share of this region is mainly attributed to the growing demand for electric vehicles in countries such as China and Japan and rising government initiatives to reduce greenhouse gas emissions, which, in turn, is poised to increase the adoption of electric vehicles.
Segmentation
By Charging Level
Level 1
Level 2
DC Fast Charging
By Vehicle type
Passenger Cars
Heavy Commercial Vehicles
Light Commercial Vehicles
Two-wheelers & Scooters
By Connection type
Connectors
Pantograph
Wireless EV charging
By Component
Hardware
Software
Services
By DC fast charging
Fast
Ultra-Fast
By Mounting type
Wall Mount
Pedestal Mount
Ceiling Mount
Electric Vehicle Charging Stations Market Dynamics
Electric Vehicle Charging Stations Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
1. EXECUTIVE SUMMARY
2. ELECTRIC VEHICLE CHARGING STATIONS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. ELECTRIC VEHICLE CHARGING STATIONS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. ELECTRIC VEHICLE CHARGING STATIONS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. ELECTRIC VEHICLE CHARGING STATIONS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Charging Level: Market Share (2020-2030F)
12.2.1. Level 1, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Level 2, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. DC Fast Charging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Vehicle type: Market Share (2020-2030F)
12.3.1. Passenger Cars, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Heavy Commercial Vehicles, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Light Commercial Vehicles, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Two-wheelers & Scooters, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Connection type: Market Share (2020-2030F)
12.4.1. Connectors, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Pantograph, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Wireless EV charging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By Component: Market Share (2020-2030F)
12.5.1. Hardware, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Software, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.6. By DC fast charging: Market Share (2020-2030F)
12.6.1. Fast, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.6.2. Ultra-fast, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7. By Mounting type: Market Share (2020-2030F)
12.7.1. Wall Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7.2. Pedestal Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7.3. Ceiling Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. IBM Corporation
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. R3TEK
13.3. Oracle Corporation
13.4. Linux Foundation
13.5. Microsoft Corporation
13.6. Tata Consultancy Services Limited
13.7. LeewayHertz
13.8. Chain, Inc.
13.9. JD.com, Inc.
13.10. Itransition
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. ELECTRIC VEHICLE CHARGING STATIONS MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. ELECTRIC VEHICLE CHARGING STATIONS MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. ELECTRIC VEHICLE CHARGING STATIONS MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. ELECTRIC VEHICLE CHARGING STATIONS MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Charging Level: Market Share (2020-2030F)
12.2.1. Level 1, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Level 2, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. DC Fast Charging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Vehicle type: Market Share (2020-2030F)
12.3.1. Passenger Cars, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Heavy Commercial Vehicles, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.3. Light Commercial Vehicles, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.4. Two-wheelers & Scooters, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Connection type: Market Share (2020-2030F)
12.4.1. Connectors, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Pantograph, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.3. Wireless EV charging, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5. By Component: Market Share (2020-2030F)
12.5.1. Hardware, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.2. Software, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.5.3. Services, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.6. By DC fast charging: Market Share (2020-2030F)
12.6.1. Fast, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.6.2. Ultra-fast, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7. By Mounting type: Market Share (2020-2030F)
12.7.1. Wall Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7.2. Pedestal Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.7.3. Ceiling Mount, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13. COMPANY PROFILE
13.1. IBM Corporation
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. R3TEK
13.3. Oracle Corporation
13.4. Linux Foundation
13.5. Microsoft Corporation
13.6. Tata Consultancy Services Limited
13.7. LeewayHertz
13.8. Chain, Inc.
13.9. JD.com, Inc.
13.10. Itransition
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
