Electric Vehicle Charging Station Market by Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region - Global Forecast to 2027
Electric Vehicle Charging Station Market by Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region - Global Forecast to 2027
Abstract
The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1%. Factors such as rising sales of EVs around the world, along with the growing demand for zero emission transport will boost the demand for the electric vehicle charging station market. Developments in technologies like portable charging stations, bi-directional charging, smart charging with load management, usage based analytics and automated payment along with development of ultra-fast charging technology will create new opportunities for this market.
“Public Chargers will be the fastest growing market during the forecast period.”
The availability of public EV charging plays an important role to purchase electric vehicles across the globe. Public charging and access to fast charging are viewed as key criteria when buying an electric vehicle. This is anticipated to bolster revenue growth for the public charging segment. The Asia Pacific region continues to install public chargers at a significant rate due to the rising number of EV users, especially in China, India, and South Korea. These countries have implemented policies to increase the usage of EVs by providing subsidies and reduced taxes. They also encourage the growth of EV manufacturers and related industries by providing grants or implementing preferential policies for EV-related companies to enable them to expand faster.
A steady surge in economic growth, urbanization, travel demand, etc., coupled with increasing investments toward electric mobility to contribute to energy storage and environmental sustainability is anticipated to bolster the growth of the public charging station segment. The North American public EV charging market has been driven by the US, which witnessed an increasing number of EV users, especially in 13 states, such as California, Maryland, etc., and the trend is expected to extend to other states, leading to the high growth of the public charging segment during the coming years. In the European region, the leading EV users include the UK, the Netherlands, Norway, France, and Germany. Other countries are also expected to increase the use of EVs during the coming years, subsequently leading to the growth of EV infrastructure.
“Asia Pacific is expected to be the largest and fastest-growing market during the forecast period.”
The Asia Pacific region comprises of countries such as China, India, Japan and South Korea. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global electric vehicle charging station market and, hence, have adopted various initiatives to attract major OEMs for the manufacture of electric vehicle charging infrastructure in domestic markets. For instance, charging network providers for EV charging stations have partnered with various OEMs to sponsor free EV charging to EV drivers. This has led to an increase in electric vehicle production in recent years, which caters to domestic as well as overseas demand. Japan and China export electric vehicles and charging solutions across the globe.
Governments in the Asia Pacific region are also focusing on the introduction of electric commercial vehicles. For instance, in September 2020, the Indian Government announced plans to offer incentives worth USD 4.6 billion to companies establishing advanced battery manufacturing facilities as part of its plans to reduce oil imports while switching to EVs. Similarly, in 2019, China undertook measures such as sales tax exemptions. It also provided preferential financing and traffic management policies for electric vehicles besides optimizing its carbon credit program, which will be reduced appropriately in the coming years. The country currently has around 1.147 million EV charging points. Japan also plans to increase its share of EVs and plug-in hybrids by 20% to 30% by 2030 and has taken measures such as increasing subsidies for EV buyers. The South Korean government has been encouraging the usage of EVs through subsidies and tax rebates with the goal of having 430,000 EVs on the road by the end of 2022 and also invested in a program to invest for the improvement of charging infrastructure in the country. This has led to the high demand for charging infrastructure in the region for EVs.
Governments are also encouraging private players to introduce public charging points by providing subsidized electricity rates. China is investing significantly in the production of electric vehicle charging stations to provide charging solutions for the increasing number of EVs in the country. OEMs such as BYD also plan to establish production plants in other parts of the world for the manufacture of electric buses and electric trucks to meet the regional demand. These factors are expected to drive the market in the Asia Pacific region. Many new startups and existing top domestic companies have established their presence in this regional market. For instance, Star Charge has expanded to become one of China’s top EV charging providers. Similarly, Jio in India plans to work with BP to speed up the development of EV charging in the country.
“Europe to be the second-largest region during the forecast period”
The major EV markets in Europe are Austria, Denmark, France, Germany, the Netherlands, Norway, Spain, Sweden, Italy, and the UK. Europe accounted for 24.78% of the global electric vehicle charging station market in 2021 by volume. Normal chargers have a higher share than fast chargers. The top five countries account for more than 83% of all chargers, and the rest is utilized in the rest of the countries. By August 2020, Europe had implemented stringent emission regulation standards to reduce the rising emission levels. Several countries in the region are promoting electric vehicles through significant incentives. The demand for electric vehicle charging stations has increased significantly due to the focus on zero- or low-emission vehicles in the region. The region is home to electric vehicle charging station providers such as Schneider Electric, ABB, Siemens, Efacec, Engie, and various others. The UK announced plans to phase out petrol/diesel-based vehicles by 2030 and encourage the growth of EVs. Other European countries had implemented plans for the transition to EVs during the past decade.
Due to the rising demand for EVs in Europe, the demand for EV charging stations is also rising. According to a report by the European Environmental Agency in November 2021, in Europe, 11.41% of all new vehicle registrations have been EVs. The number of charging stations has grown by approximately 37% with the Netherlands, Norway, the UK, Germany, and France leading in Europe in terms of the growth of EV charging stations. In 2020, EV registrations increased drastically in top European markets. Norway had 75%, Iceland had 46%, Sweden had 33%, and the Netherlands had 28% of new vehicle registrations as EVs. As of December 2021, the EU has over 5 public fast chargers for every 100 km.
Europe has set an ambitious goal of reducing CO2 emissions by 80% by 2030-2050 and has created a roadmap for the same. Governments of various countries in Europe are subsidizing electric infrastructure and the focus is expected to be on electric vehicles in the long run. However, countries in Eastern Europe still lag behind Western European countries such as the UK, Germany, France, and Spain in terms of vehicle norms and technology. Hence, there is a relatively low presence of electric vehicle manufacturers and electric vehicle infrastructure in Eastern Europe. This offers an opportunity for electric vehicle charging station providers as well as battery manufacturers to expand their footprint in Eastern Europe. This expansion is expected to increase the demand for electric vehicle charging stations in Europe.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
•By Company Type: Tier I - 67%, Others - 9%, and OEMs - 24%
•By Designation: C Level Executives - 33%, Directors - 52%, and Others - 15%
•By Region: North America - 43%, Europe - 24%, Asia Pacific - 33%
The electric vehicle charging station market is dominated by major charging providers including ABB (Switzerland), Shell (Netherlands), ChargePoint (US), Tesla (US), and BYD (China). They develop products and provide service offerings for the electric vehicle charging ecosystem. They have initiated partnerships to develop their EV charging technology and provide finished products and charging services to their respective customers for the electric vehicle charging station market.
Research Coverage:
The report covers the electric vehicle charging station market, in terms of Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region (Asia Pacific, Europe and North America). It covers the competitive landscape and company profiles of the major players in the electric vehicle charging station ecosystem.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
•The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric vehicle charging station market and its subsegments.
•This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
•The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Content
Table of Contents
1INTRODUCTION23
1.1OBJECTIVES OF THE STUDY23
1.2MARKET DEFINITION24
1.2.1INCLUSIONS & EXCLUSIONS27
TABLE 1INCLUSIONS & EXCLUSIONS IN ELECTRIC VEHICLE CHARGING STATION MARKET27
1.3MARKET SCOPE28
FIGURE 1MARKETS COVERED28
1.3.1YEARS CONSIDERED FOR THE STUDY28
1.4CURRENCY & PRICING29
TABLE 2CURRENCY EXCHANGE RATES29
1.5PACKAGE SIZE29
1.6STAKEHOLDERS29
1.7SUMMARY OF CHANGES30
2RESEARCH METHODOLOGY31
2.1RESEARCH DATA31
FIGURE 2ELECTRIC VEHICLE CHARGING STATION MARKET: RESEARCH DESIGN31
FIGURE 3RESEARCH DESIGN MODEL32
2.1.1SECONDARY DATA33
2.1.1.1Key secondary sources for electric vehicle charging station market33
2.1.1.2Key data from secondary sources34
2.1.2PRIMARY DATA35
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS35
2.1.2.1List of primary participants35
2.2MARKET SIZE ESTIMATION36
FIGURE 5RESEARCH METHODOLOGY: HYPOTHESIS BUILDING37
2.2.1BOTTOM-UP APPROACH37
FIGURE 6ELECTRIC VEHICLE CHARGING STATION MARKET SIZE: BOTTOM-UP APPROACH37
FIGURE 7ELECTRIC VEHICLE CHARGING STATION: MARKET SIZE ESTIMATION & VALIDATION PROCESS – SUPPLY SIDE38
2.2.2TOP-DOWN APPROACH38
2.2.3TOP-DOWN APPROACH: ELECTRIC VEHICLE CHARGING STATION MARKET38
FIGURE 8ELECTRIC VEHICLE CHARGING STATION: MARKET ESTIMATION NOTES39
FIGURE 9CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS39
2.3DATA TRIANGULATION40
FIGURE 10DATA TRIANGULATION METHODOLOGY40
2.4FACTOR ANALYSIS41
FIGURE 11FACTOR ANALYSIS: EV CHARGING STATION MARKET41
2.4.1FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES42
2.5RESEARCH ASSUMPTIONS43
2.6RESEARCH LIMITATIONS44
3EXECUTIVE SUMMARY45
FIGURE 12ELECTRIC VEHICLE CHARGING STATION MARKET: MARKET OVERVIEW46
FIGURE 13ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)47
FIGURE 14INTERESTING FACTS ON EV CHARGING48
FIGURE 15BY CHARGING POINT TYPE, AC SEGMENT ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET IN 202249
FIGURE 16KEY PLAYERS IN ELECTRIC VEHICLE CHARGING STATION MARKET50
3.1COVID-19 IMPACT ON ELECTRIC VEHICLE CHARGING STATION MARKET50
4PREMIUM INSIGHTS51
4.1ATTRACTIVE OPPORTUNITIES IN ELECTRIC VEHICLE CHARGING STATION MARKET51
FIGURE 17INCREASING DEMAND FOR ZERO-EMISSION MOBILITY TO DRIVE MARKET51
4.2ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING51
FIGURE 18LEVEL 2 CHARGING ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD51
4.3ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE52
FIGURE 19DC SEGMENT PROJECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD52
4.4ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE52
FIGURE 20TYPE-2 SEGMENT TO OCCUPY LARGEST MARKET SHARE DURING FORECAST PERIOD52
4.5ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION53
FIGURE 21PUBLIC SEGMENT ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET BY 202753
4.6ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE53
FIGURE 22ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD53
4.7ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE54
FIGURE 23PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD54
4.8ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY54
FIGURE 24SMART CONNECTED CHARGING STATIONS SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD54
4.9ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION55
FIGURE 25ASIA PACIFIC ESTIMATED TO BE LARGEST MARKET IN 202255
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MARKET DYNAMICS57
FIGURE 26ELECTRIC VEHICLE CHARGING STATION MARKET: MARKET DYNAMICS57
5.2.1DRIVERS57
5.2.1.1Rising EV sales worldwide will increase demand for EV charging stations57
TABLE 3GLOBAL EV SALES DISTRIBUTION OVER THE YEARS58
5.2.1.2Government policies and subsidies to support faster setup of EV charging stations58
FIGURE 27EV SHIFT AND TARGETS OF COUNTRIES AROUND THE WORLD59
TABLE 4REGION-WISE EV AND CHARGING STATION SCENARIO59
5.2.1.3Increasing vehicle range per charge will boost EV and EV charging station demand60
5.2.1.4Reducing price of EVs in global market will boost EV sales and EVCS demand60
FIGURE 28PRICE REDUCTION IN EV BATTERY OVER THE YEARS60
5.2.2RESTRAINTS61
5.2.2.1Lack of standardization of charging infrastructure61
FIGURE 29TYPES OF EV CHARGING SOCKETS61
5.2.2.2Primitive power grid infrastructure61
FIGURE 30US GRID SCENARIO AND LIMITS FOR RAPID EV POPULARIZATION62
5.2.3OPPORTUNITIES62
5.2.3.1Use of V2G EV charging stations for electric vehicles62
FIGURE 31V2G INFRASTRUCTURE FOR EV CHARGING STATIONS63
5.2.3.2Use of IoT and smart infrastructure in EV charging stations for load management63
FIGURE 32SMART IOT-BASED TECHNOLOGY USED IN EV CHARGING STATIONS64
5.2.3.3Development of EV charging stations using renewable sources64
FIGURE 33EV CHARGING USING SOLAR POWER65
5.2.3.4Growing demand for battery swapping EV charging stations65
FIGURE 34BATTERY AS A SERVICE IN EV CARS65
5.2.4CHALLENGES66
5.2.4.1Higher initial cost of EVs compared to ICE vehicles66
5.2.4.2Stringent rules for installation of EV charging stations66
5.2.4.3Significant dependence on fossil fuel electricity generation & limited production in developing countries66
FIGURE 35FOSSIL FUELS STILL MAJOR SOURCE OF GLOBAL ENERGY CONSUMPTION67
TABLE 5ELECTRIC VEHICLE CHARGING STATION MARKET: IMPACT OF MARKET DYNAMICS68
5.3PORTER’S FIVE FORCES69
FIGURE 36PORTER’S FIVE FORCES: ELECTRIC VEHICLE CHARGING STATION MARKET69
TABLE 6ELECTRIC VEHICLE CHARGING STATION MARKET: IMPACT OF PORTERS 5 FORCES70
5.3.1THREAT OF SUBSTITUTES70
5.3.2THREAT OF NEW ENTRANTS70
5.3.3BARGAINING POWER OF BUYERS70
5.3.4BARGAINING POWER OF SUPPLIERS70
5.3.5RIVALRY AMONG EXISTING COMPETITORS71
5.4ELECTRIC VEHICLE CHARGING STATION MARKET ECOSYSTEM71
FIGURE 37ELECTRIC VEHICLE CHARGING STATION MARKET: ECOSYSTEM ANALYSIS71
5.4.1EV SUPPLY EQUIPMENT PROVIDERS (CHARGING STATION MANUFACTURERS)71
5.4.2EV CHARGING OPERATORS AND SERVICE PROVIDERS71
5.4.3OEMS72
5.4.4END USERS72
TABLE 7ELECTRIC VEHICLE CHARGING STATION MARKET: ROLE OF COMPANIES IN ECOSYSTEM72
5.5VALUE CHAIN ANALYSIS74
FIGURE 38VALUE CHAIN ANALYSIS OF ELECTRIC VEHICLE CHARGING STATION MARKET74
5.6PRICING ANALYSIS75
TABLE 8ELECTRIC VEHICLE CHARGING STATION COST SUMMARY75
FIGURE 39CHARGING ECONOMICS COMPARISON76
5.7PATENT ANALYSIS77
TABLE 9IMPORTANT PATENT REGISTRATIONS RELATED TO THE EV CHARGING STATION MARKET77
5.8CASE STUDY78
5.8.1INVADE: AN EUROPEAN SMART CHARGING CASE78
5.8.2SIZING OF ELECTRIC VEHICLE CHARGING STATIONS WITH SMART CHARGING CAPABILITIES AND QUALITY OF SERVICE REQUIREMENTS78
5.8.3CASE STUDY ON DEVELOPMENT OF LOAD BALANCING SOLUTION FOR EV CHARGING78
5.8.4A CASE STUDY ON EV CHARGING IN INDIA79
5.9TECHNOLOGY ANALYSIS79
5.9.1TURBO-CHARGING FOR EVS79
FIGURE 40PORSCHE TAYCAN TURBOCHARGING THROUGH A MOBILE CHARGING STATION80
5.9.2SMART CHARGING SYSTEM80
FIGURE 41SMART EV CHARGING SYSTEM81
5.9.3WIRELESS POWER TRANSFER81
FIGURE 42WIRELESS EV CHARGING SYSTEM81
5.9.4BIDIRECTIONAL CHARGERS82
FIGURE 43BI-DIRECTIONAL EV CHARGING SYSTEM82
5.10REGULATORY OVERVIEW82
5.10.1NETHERLANDS83
TABLE 10NETHERLANDS: ELECTRIC VEHICLE INCENTIVES83
TABLE 11NETHERLANDS: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES83
5.10.2GERMANY84
TABLE 12GERMANY: ELECTRIC VEHICLE INCENTIVES84
TABLE 13GERMANY: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES84
5.10.3FRANCE85
TABLE 14FRANCE: ELECTRIC VEHICLE INCENTIVES85
TABLE 15FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES85
5.10.4UK86
TABLE 16UK: ELECTRIC VEHICLE INCENTIVES86
TABLE 17UK: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES86
5.10.5CHINA87
TABLE 18CHINA: ELECTRIC VEHICLE INCENTIVES87
TABLE 19CHINA: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES87
5.10.6US87
TABLE 20US: ELECTRIC VEHICLE INCENTIVES87
TABLE 21US: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES88
5.10.7CANADA88
5.11TRENDS AND DISRUPTIONS88
FIGURE 44ELECTRIC VEHICLE CHARGING STATION MARKET: TRENDS AND DISRUPTIONS88
5.11.1THE EVOLUTION OF EV CHARGING BUSINESS89
5.12MAJOR DEVELOPMENTS IN THE EV MARKET IN 202189
FIGURE 45NOTABLE EVENTS IN EV MARKET IN Q1 202189
FIGURE 46NOTABLE EVENTS IN EV MARKET IN Q2 202190
FIGURE 47NOTABLE EVENTS IN EV MARKET IN Q3 202190
FIGURE 48NOTABLE EVENTS IN EV MARKET IN Q4 202191
5.13OPPORTUNITIES IN EV CHARGING92
FIGURE 49OPPORTUNITIES IN EV CHARGING AROUND THE WORLD92
5.14ELECTRIC VEHICLE CHARGING STATION MARKET: COVID-19 IMPACT93
5.14.1IMPACT ON RAW MATERIAL SUPPLY93
5.14.2COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY93
5.14.3OEM ANNOUNCEMENTS93
TABLE 22OEM ANNOUNCEMENTS93
5.14.4IMPACT ON EV CHARGING STATION PRODUCTION93
5.15ELECTRIC VEHICLE CHARGING STATION MARKET SCENARIOS (2022–2027)94
FIGURE 50ELECTRIC VEHICLE CHARGING STATION MARKET – FUTURE TRENDS & SCENARIOS, 2022–2027 (THOUSAND UNITS)94
5.15.1MOST LIKELY SCENARIO94
TABLE 23MOST LIKELY SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
5.15.2OPTIMISTIC SCENARIO95
TABLE 24OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
5.15.3PESSIMISTIC SCENARIO95
TABLE 25PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
6ELECTRIC VEHICLE CHARGING STATION MARKET,
BY ELECTRIC BUS CHARGING TYPE96
6.1INTRODUCTION96
FIGURE 51COMPARISON OF DEPOT AND OPPORTUNITY CHARGING97
FIGURE 52COMPARISON OF TOP-DOWN AND BOTTOM-UP PANTOGRAPH FOR E-BUS CHARGING98
6.2OFF-BOARD TOP-DOWN PANTOGRAPH98
6.3ON-BOARD BOTTOM-UP PANTOGRAPH99
6.4CHARGING VIA CONNECTOR99
7ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING100
7.1INTRODUCTION101
FIGURE 53LEVEL 3 CHARGING PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)102
TABLE 26ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING, 2018–2021 (THOUSAND UNITS)102
TABLE 27ELECTRIC VEHICLE CHARGING STATIONS MARKET, BY LEVEL OF CHARGING, 2022–2027 (THOUSAND UNITS)102
7.2OPERATIONAL DATA103
TABLE 28EV CHARGING STATIONS PROVIDED BY TOP PROVIDERS103
7.2.1ASSUMPTIONS104
TABLE 29ASSUMPTIONS: BY LEVEL OF CHARGING104
7.3RESEARCH METHODOLOGY104
7.4LEVEL 1 (<3.7 KW)105
7.4.1LOW ENERGY CONSUMPTION TO BOOST MARKET FOR LEVEL 1105
TABLE 30LEVEL 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)105
TABLE 31LEVEL 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)105
7.5LEVEL 2 (3.7–22 KW)106
7.5.1GROWING DEMAND FOR OVERNIGHT CHARGING TO SPEED UP DEMAND FOR LEVEL 2 CHARGING106
TABLE 32LEVEL 2 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)106
TABLE 33LEVEL 2 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)107
7.6LEVEL 3 (ABOVE 22 KW)107
7.6.1DEMAND FOR CHARGING VEHICLES FASTER WILL LEAD TO SETUP OF LEVEL 3 CHARGING STATIONS107
TABLE 34LEVEL 3 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)108
TABLE 35LEVEL 3 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)108
7.7KEY PRIMARY INSIGHTS108
8ELECTRIC VEHICLES CHARGING STATION MARKET, BY CHARGING POINT TYPE109
8.1INTRODUCTION110
FIGURE 54SUPER CHARGING SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)110
TABLE 36ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)111
TABLE 37ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)111
8.2OPERATIONAL DATA112
TABLE 38LEADING EV CHARGING PROVIDERS GLOBALLY112
8.2.1ASSUMPTIONS112
TABLE 39ASSUMPTIONS: BY CHARGING POINT TYPE112
8.3RESEARCH METHODOLOGY113
8.4AC (NORMAL CHARGING)113
TABLE 40ELECTRIC VEHICLE CHARGING STATION MARKET FOR AC (NORMAL CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)113
TABLE 41ELECTRIC VEHICLE CHARGING STATION MARKET FOR AC (NORMAL CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)113
8.5DC (SUPER CHARGING)114
TABLE 42ELECTRIC VEHICLE CHARGING STATION MARKET FOR DC (SUPER CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)114
TABLE 43ELECTRIC VEHICLE CHARGING STATION MARKET FOR DC (SUPER CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)115
8.6INDUCTIVE CHARGING115
FIGURE 55INDUCTIVE EV CHARGING115
8.7KEY PRIMARY INSIGHTS116
9ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION117
9.1INTRODUCTION118
TABLE 44ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION,
2018–2021 (THOUSAND UNITS)118
TABLE 45ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION,
2022–2027 (THOUSAND UNITS)118
FIGURE 56PUBLIC SEGMENT PROJECTED TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD (2022–2027)119
9.2OPERATIONAL DATA119
TABLE 46LEADING EV CHARGE TYPE PROVIDERS ACROSS THE WORLD119
9.2.1ASSUMPTIONS120
TABLE 47ASSUMPTIONS: BY APPLICATION120
9.3RESEARCH METHODOLOGY121
9.4PRIVATE121
9.4.1INCORPORATION OF NEW TECHNOLOGIES AND LOW COST OF CHARGING TO DRIVE PRIVATE CHARGING MARKET121
TABLE 48ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)121
TABLE 49ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)122
9.5PUBLIC122
9.5.1STRONG GOVERNMENT SUPPORT TO INSTALL PUBLIC CHARGING FOR EVS TO DRIVE MARKET122
TABLE 50ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)123
TABLE 51ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)123
9.6KEY PRIMARY INSIGHTS124
10ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE125
10.1INTRODUCTION126
FIGURE 57PORSCHE TAYCAN CHARGING CONNECTORS FOR DIFFERENT MARKET126
TABLE 52ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2018–2021 (THOUSAND UNITS)127
TABLE 53ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2022–2027 (THOUSAND UNITS)127
FIGURE 58TESLA SC SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)128
10.2OPERATIONAL DATA128
TABLE 54PREFERRED CHARGING INFRASTRUCTURE ACROSS THE WORLD128
10.2.1ASSUMPTIONS129
TABLE 55ASSUMPTIONS: BY CHARGING INFRASTRUCTURE TYPE129
10.3RESEARCH METHODOLOGY129
10.4CCS130
10.4.1TESLA ADOPTION OF CCS AND INCREASING PENETRATION OF CCS IN EUROPEAN REGION EXPECTED TO BOOST DEMAND130
TABLE 56ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)130
TABLE 57ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)130
10.5CHADEMO131
10.5.1CHINA AND JAPAN TO ADOPT CHADEMO AT RAPID RATE131
TABLE 58ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)131
TABLE 59ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)132
10.6NORMAL CHARGER132
10.6.1ASIA PACIFIC TO REGISTER HIGHEST CAGR FOR NORMAL CHARGE DURING FORECAST PERIOD132
TABLE 60ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)133
TABLE 61ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)133
10.7TESLA SUPER CHARGER134
10.7.1ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET FOR TESLA SUPER CHARGER134
TABLE 62ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)134
TABLE 63ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)134
10.8TYPE-2 (LEVEL 2 & GB/T LEVEL 2 CHARGING)135
10.8.1ASIA PACIFIC TO DOMINATE TYPE-2 MARKET135
TABLE 64ELECTRIC VEHICLE TYPE-2 CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)135
TABLE 65ELECTRIC VEHICLE TYPE-2CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)135
10.9GB/T (LEVEL 3)136
10.10KEY PRIMARY INSIGHTS136
11ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING SERVICE TYPE137
11.1INTRODUCTION137
11.2EV CHARGING SERVICE137
11.3BATTERY SWAPPING SERVICE138
FIGURE 59BATTERY SWAPPING STATION139
12ELECTRIC VEHICLE CHARGING STATION MARKET,
BY DC FAST CHARGING TYPE140
12.1INTRODUCTION141
FIGURE 60ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)141
TABLE 66ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE, 2018–2021 (THOUSAND UNITS)142
TABLE 67ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE, 2022–2027 (THOUSAND UNITS)142
12.2OPERATIONAL DATA142
TABLE 68LEADING EV FAST CHARGING PROVIDERS ACROSS THE WORLD142
12.2.1ASSUMPTIONS144
TABLE 69ASSUMPTIONS: BY DC FAST CHARGING TYPE144
12.3RESEARCH METHODOLOGY144
12.4FAST CHARGING145
12.5ULTRA-FAST CHARGING145
12.6KEY PRIMARY INSIGHTS145
13ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE146
13.1INTRODUCTION147
FIGURE 61PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)147
TABLE 70ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE, 2018–2021 (THOUSAND UNITS)148
TABLE 71ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE, 2022–2027 (THOUSAND UNITS)148
13.2OPERATIONAL DATA148
TABLE 72LEADING EV CHARGING PROVIDERS WITH PORTABLE CHARGERS148
13.2.1ASSUMPTIONS149
TABLE 73ASSUMPTIONS: BY INSTALLATION TYPE149
13.3RESEARCH METHODOLOGY149
13.4PORTABLE CHARGER150
13.4.1DEMAND FOR SMALL AND LIGHT CHARGERS EXPECTED TO BOOST SEGMENT GROWTH150
TABLE 74PORTABLE CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2018–2021 (THOUSAND UNITS)150
TABLE 75PORTABLE CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2022–2027 (THOUSAND UNITS)151
13.5FIXED CHARGER151
13.5.1GOVERNMENT COLLABORATION WITH OEMS TO INSTALL FIXED CHARGERS EXPECTED TO BOOST DEMAND151
TABLE 76FIXED CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2018–2021 (THOUSAND UNITS)151
TABLE 77FIXED CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2022–2027 (THOUSAND UNITS)152
13.6KEY PRIMARY INSIGHTS152
14ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY153
14.1INTRODUCTION154
FIGURE 62SMART CONNECTED CHARGING STATIONS PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)155
TABLE 78ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY, 2018–2021 (THOUSAND UNITS)155
TABLE 79ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY, 2022–2027 (THOUSAND UNITS)155
14.2OPERATIONAL DATA156
TABLE 80SMART CONNECTED CHARGING STATIONS PROVIDED BY TOP CHARGING PROVIDERS156
14.2.1ASSUMPTIONS157
TABLE 81ASSUMPTIONS: BY INSTALLATION157
14.3RESEARCH METHODOLOGY157
14.4NON-CONNECTED CHARGING STATIONS158
14.5SMART CONNECTED CHARGING STATIONS (NETWORKED)158
14.6KEY PRIMARY INSIGHTS158
15ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION159
15.1INTRODUCTION160
FIGURE 63ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION161
TABLE 82ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)161
TABLE 83ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)161
TABLE 84ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (USD MILLION)162
TABLE 85ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (USD MILLION)162
15.2ASIA PACIFIC163
FIGURE 64APAC ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET DURING FORECAST PERIOD163
FIGURE 65ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT164
TABLE 86ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)164
TABLE 87ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)165
15.2.1CHINA165
15.2.1.1GB/T-fast charging solutions expected to boost demand165
TABLE 88CHINA ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS166
TABLE 89CHINA: ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)166
TABLE 90CHINA: ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)167
15.2.2INDIA167
15.2.2.1Participation by private and public companies will speed up EV charging station market in India167
TABLE 91INDIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)168
TABLE 92INDIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)168
15.2.3JAPAN169
15.2.3.1Technological advancements in Japan to lead to growth of super charging segment169
TABLE 93JAPAN ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)169
TABLE 94JAPAN ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)169
15.2.4SOUTH KOREA170
15.2.4.1OEMs to work with government to build required infrastructure for electric vehicles170
TABLE 95SOUTH KOREA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)170
TABLE 96SOUTH KOREA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)170
15.3EUROPE171
FIGURE 66ELECTRIC VEHICLE CHARGING STATION MARKET IN EUROPE, BY COUNTRY, 2022 & 2027 (THOUSAND UNITS)172
TABLE 97EUROPE ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)172
TABLE 98EUROPE ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)173
15.3.1FRANCE173
15.3.1.1Electrification of public transport expected to boost demand for
DC charging segment in future173
TABLE 99FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS174
TABLE 100FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)174
TABLE 101FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)175
15.3.2GERMANY175
15.3.2.1Partnerships between OEMs and charging providers will speed up setup of EV charging stations in Germany175
TABLE 102GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS175
TABLE 103GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)176
TABLE 104GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)176
15.3.3NETHERLANDS177
15.3.3.1High rate of adoption of electric vehicles expected to drive
EV charging station demand177
TABLE 105NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS177
TABLE 106NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)178
TABLE 107NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)178
15.3.4NORWAY178
15.3.4.1Government incentives and private corporations to speed up EV charging station deployment178
TABLE 108NORWAY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)179
TABLE 109NORWAY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)179
15.3.5SWEDEN179
15.3.5.1Government investments and support schemes to boost EV charging station market in Sweden179
TABLE 110SWEDEN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)180
TABLE 111SWEDEN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)180
15.3.6UK181
15.3.6.1New EV infrastructure bill to boost EV charging station market181
TABLE 112UK ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS181
TABLE 113UK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)182
TABLE 114UK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)182
15.3.7DENMARK182
15.3.7.1EVBox decision to setup 300,000 charging stations along with government incentives to speed up EV charger setup in Denmark182
TABLE 115DENMARK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)183
TABLE 116DENMARK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)183
15.3.8AUSTRIA184
15.3.8.1Government incentives and charging network providers’ participation in setting up EV infrastructure will speed up deployment of EV chargers in Austria184
TABLE 117AUSTRIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)184
TABLE 118AUSTRIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)184
15.3.9SPAIN185
15.3.9.1Government incentives to promote EV charging to boost demand for EV charging stations185
TABLE 119SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)185
TABLE 120SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)185
15.3.10SWITZERLAND186
15.3.10.1Government and charging startups will set up charging stations across Switzerland186
TABLE 121SWITZERLAND ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)186
TABLE 122SWITZERLAND ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)186
15.4NORTH AMERICA187
FIGURE 67NORTH AMERICA: ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT188
TABLE 123NORTH AMERICA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY COUNTRY, 2018–2021 (THOUSAND UNITS)188
TABLE 124NORTH AMERICA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY COUNTRY, 2022–2027 (THOUSAND UNITS)189
15.4.1CANADA189
15.4.1.1Government support for charging infrastructure to boost demand189
TABLE 125CANADA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)190
TABLE 126CANADA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)190
15.4.2US190
15.4.2.1New goal for charging stations’ deployment by 2030 and charging network provider support will speed up deployment of EV charging stations190
TABLE 127US ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS191
TABLE 128US ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)191
TABLE 129US ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)192
16COMPETITIVE LANDSCAPE193
16.1OVERVIEW193
16.2MARKET SHARE ANALYSIS FOR ELECTRIC VEHICLE CHARGING STATION MARKET193
TABLE 130MARKET SHARE ANALYSIS, 2021193
FIGURE 68MARKET SHARE ANALYSIS, 2020194
16.3REVENUE ANALYSIS OF TOP LISTED PLAYERS196
FIGURE 69REVENUE ANALYSIS, 2020196
16.4COMPETITIVE SCENARIO197
16.4.1DEALS197
TABLE 131DEALS, 2018–2021197
16.4.2NEW PRODUCT LAUNCHES199
TABLE 132NEW PRODUCT LAUNCHES, 2018–2021199
16.4.3OTHERS, 2018–2021200
TABLE 133OTHERS, 2018–2021200
16.5COMPANY EVALUATION QUADRANT FOR ELECTRIC VEHICLE CHARGING STATION MARKET201
16.5.1STARS201
16.5.2EMERGING LEADERS201
16.5.3PERVASIVE201
16.5.4EMERGING COMPANIES201
FIGURE 70ELECTRIC VEHICLE CHARGING STATION MARKET: COMPANY EVALUATION QUADRANT, 2021202
TABLE 134ELECTRIC VEHICLE CHARGING STATION MARKET: COMPANY FOOTPRINT, 2021203
TABLE 135ELECTRIC VEHICLE CHARGING STATION MARKET: APPLICATION FOOTPRINT, 2021204
TABLE 136ELECTRIC VEHICLE CHARGING STATION MARKET: REGIONAL FOOTPRINT, 2021205
16.6STARTUP/SME EVALUATION QUADRANT206
16.6.1PROGRESSIVE COMPANIES206
16.6.2RESPONSIVE COMPANIES206
16.6.3DYNAMIC COMPANIES206
16.6.4STARTING BLOCKS206
FIGURE 71ELECTRIC VEHICLE CHARGING STATION MARKET: SME EVALUATION QUADRANT, 2021207
16.7RIGHT TO WIN, 2018-2021208
TABLE 137RIGHT TO WIN, 2018-2021208
17COMPANY PROFILES209
(Business overview, Products offered, Recent developments & MnM View)*
17.1KEY PLAYERS209
17.1.1ABB209
TABLE 138ABB: BUSINESS OVERVIEW209
FIGURE 72ABB: COMPANY SNAPSHOT210
FIGURE 73ABB: HIGHLIGHTS 2021211
TABLE 139ABB: PRODUCTS OFFERED212
TABLE 140ABB: NEW PRODUCT LAUNCH213
TABLE 141ABB: DEALS214
TABLE 142ABB: OTHERS215
17.1.2CHARGEPOINT217
TABLE 143CHARGEPOINT: BUSINESS OVERVIEW217
FIGURE 74CHARGEPOINT: OFFERINGS217
TABLE 144CHARGEPOINT: PRODUCTS OFFERED218
TABLE 145CHARGEPOINT: NEW PRODUCT LAUNCH218
TABLE 146CHARGEPOINT: DEALS219
17.1.3BYD221
TABLE 147BYD: BUSINESS OVERVIEW221
FIGURE 75BYD: COMPANY SNAPSHOT222
TABLE 148BYD: PRODUCTS OFFERED222
TABLE 149BYD: NEW PRODUCT LAUNCH223
TABLE 150BYD: DEALS223
TABLE 151BYD: OTHERS224
17.1.4TESLA225
TABLE 152TESLA: BUSINESS OVERVIEW225
FIGURE 76TESLA: COMPANY SNAPSHOT226
TABLE 153TESLA: PRODUCTS OFFERED226
TABLE 154TESLA: NEW PRODUCT LAUNCH227
TABLE 155TESLA: DEALS227
TABLE 156TESLA: OTHERS228
17.1.5SHELL230
TABLE 157SHELL: BUSINESS OVERVIEW230
FIGURE 77SHELL: COMPANY SNAPSHOT231
TABLE 158SHELL: PRODUCTS OFFERED231
TABLE 159SHELL: NEW PRODUCT LAUNCH232
TABLE 160SHELL: DEALS232
TABLE 161SHELL: OTHERS234
17.1.6SCHNEIDER ELECTRIC235
TABLE 162SCHNEIDER ELECTRIC: BUSINESS OVERVIEW235
FIGURE 78SCHNEIDER ELECTRIC: COMPANY SNAPSHOT235
FIGURE 79SCHNEIDER ELECTRIC: WALLBOX AND EVLINK SPECIFICATIONS236
FIGURE 80SCHNEIDER ELECTRIC: EVLINK DC FAST CHARGE AND ACCESSORIES & SPARE PARTS SPECIFICATIONS237
TABLE 163SCHNEIDER ELECTRIC: PRODUCTS OFFERED238
TABLE 164SCHNEIDER ELECTRIC: NEW PRODUCT LAUNCH238
TABLE 165SCHNEIDER ELECTRIC: DEALS239
TABLE 166SCHNEIDER ELECTRIC: OTHERS239
17.1.7SIEMENS240
TABLE 167SIEMENS: BUSINESS OVERVIEW240
FIGURE 81SIEMENS: COMPANY SNAPSHOT240
TABLE 168SIEMENS: PRODUCTS OFFERED241
TABLE 169SIEMENS: NEW PRODUCT LAUNCH241
TABLE 170SIEMENS: DEALS242
TABLE 171SIEMENS: OTHERS242
17.1.8BP243
TABLE 172BP: BUSINESS OVERVIEW243
FIGURE 82BP: COMPANY SNAPSHOT243
TABLE 173BP: PRODUCTS OFFERED244
TABLE 174BP: NEW PRODUCT LAUNCH244
TABLE 175BP: DEALS244
TABLE 176BP: OTHERS245
17.1.9WEBASTO246
TABLE 177WEBASTO: BUSINESS OVERVIEW246
TABLE 178WEBASTO: PRODUCTS OFFERED246
TABLE 179WEBASTO: NEW PRODUCT LAUNCH247
TABLE 180WEBASTO: DEALS247
17.1.10ENGIE248
TABLE 181ENGIE: BUSINESS OVERVIEW248
FIGURE 83ENGIE: COMPANY SNAPSHOT248
TABLE 182ENGIE: PRODUCTS OFFERED249
TABLE 183ENGIE: NEW PRODUCT LAUNCH249
TABLE 184ENGIE: DEALS250
17.1.11EATON251
TABLE 185EATON: BUSINESS OVERVIEW251
FIGURE 84EATON: COMPANY SNAPSHOT251
TABLE 186EATON: PRODUCTS OFFERED252
TABLE 187EATON: DEALS252
17.1.12SEMACONNECT253
TABLE 188SEMACONNECT: BUSINESS OVERVIEW253
TABLE 189SEMACONNECT: PRODUCTS OFFERED253
TABLE 190SEMACONNECT: NEW PRODUCT/SERVICE LAUNCH254
TABLE 191SEMACONNECT: DEALS254
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
17.2OTHER PLAYERS255
17.2.1EFACEC255
TAB
“Public Chargers will be the fastest growing market during the forecast period.”
The availability of public EV charging plays an important role to purchase electric vehicles across the globe. Public charging and access to fast charging are viewed as key criteria when buying an electric vehicle. This is anticipated to bolster revenue growth for the public charging segment. The Asia Pacific region continues to install public chargers at a significant rate due to the rising number of EV users, especially in China, India, and South Korea. These countries have implemented policies to increase the usage of EVs by providing subsidies and reduced taxes. They also encourage the growth of EV manufacturers and related industries by providing grants or implementing preferential policies for EV-related companies to enable them to expand faster.
A steady surge in economic growth, urbanization, travel demand, etc., coupled with increasing investments toward electric mobility to contribute to energy storage and environmental sustainability is anticipated to bolster the growth of the public charging station segment. The North American public EV charging market has been driven by the US, which witnessed an increasing number of EV users, especially in 13 states, such as California, Maryland, etc., and the trend is expected to extend to other states, leading to the high growth of the public charging segment during the coming years. In the European region, the leading EV users include the UK, the Netherlands, Norway, France, and Germany. Other countries are also expected to increase the use of EVs during the coming years, subsequently leading to the growth of EV infrastructure.
“Asia Pacific is expected to be the largest and fastest-growing market during the forecast period.”
The Asia Pacific region comprises of countries such as China, India, Japan and South Korea. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global electric vehicle charging station market and, hence, have adopted various initiatives to attract major OEMs for the manufacture of electric vehicle charging infrastructure in domestic markets. For instance, charging network providers for EV charging stations have partnered with various OEMs to sponsor free EV charging to EV drivers. This has led to an increase in electric vehicle production in recent years, which caters to domestic as well as overseas demand. Japan and China export electric vehicles and charging solutions across the globe.
Governments in the Asia Pacific region are also focusing on the introduction of electric commercial vehicles. For instance, in September 2020, the Indian Government announced plans to offer incentives worth USD 4.6 billion to companies establishing advanced battery manufacturing facilities as part of its plans to reduce oil imports while switching to EVs. Similarly, in 2019, China undertook measures such as sales tax exemptions. It also provided preferential financing and traffic management policies for electric vehicles besides optimizing its carbon credit program, which will be reduced appropriately in the coming years. The country currently has around 1.147 million EV charging points. Japan also plans to increase its share of EVs and plug-in hybrids by 20% to 30% by 2030 and has taken measures such as increasing subsidies for EV buyers. The South Korean government has been encouraging the usage of EVs through subsidies and tax rebates with the goal of having 430,000 EVs on the road by the end of 2022 and also invested in a program to invest for the improvement of charging infrastructure in the country. This has led to the high demand for charging infrastructure in the region for EVs.
Governments are also encouraging private players to introduce public charging points by providing subsidized electricity rates. China is investing significantly in the production of electric vehicle charging stations to provide charging solutions for the increasing number of EVs in the country. OEMs such as BYD also plan to establish production plants in other parts of the world for the manufacture of electric buses and electric trucks to meet the regional demand. These factors are expected to drive the market in the Asia Pacific region. Many new startups and existing top domestic companies have established their presence in this regional market. For instance, Star Charge has expanded to become one of China’s top EV charging providers. Similarly, Jio in India plans to work with BP to speed up the development of EV charging in the country.
“Europe to be the second-largest region during the forecast period”
The major EV markets in Europe are Austria, Denmark, France, Germany, the Netherlands, Norway, Spain, Sweden, Italy, and the UK. Europe accounted for 24.78% of the global electric vehicle charging station market in 2021 by volume. Normal chargers have a higher share than fast chargers. The top five countries account for more than 83% of all chargers, and the rest is utilized in the rest of the countries. By August 2020, Europe had implemented stringent emission regulation standards to reduce the rising emission levels. Several countries in the region are promoting electric vehicles through significant incentives. The demand for electric vehicle charging stations has increased significantly due to the focus on zero- or low-emission vehicles in the region. The region is home to electric vehicle charging station providers such as Schneider Electric, ABB, Siemens, Efacec, Engie, and various others. The UK announced plans to phase out petrol/diesel-based vehicles by 2030 and encourage the growth of EVs. Other European countries had implemented plans for the transition to EVs during the past decade.
Due to the rising demand for EVs in Europe, the demand for EV charging stations is also rising. According to a report by the European Environmental Agency in November 2021, in Europe, 11.41% of all new vehicle registrations have been EVs. The number of charging stations has grown by approximately 37% with the Netherlands, Norway, the UK, Germany, and France leading in Europe in terms of the growth of EV charging stations. In 2020, EV registrations increased drastically in top European markets. Norway had 75%, Iceland had 46%, Sweden had 33%, and the Netherlands had 28% of new vehicle registrations as EVs. As of December 2021, the EU has over 5 public fast chargers for every 100 km.
Europe has set an ambitious goal of reducing CO2 emissions by 80% by 2030-2050 and has created a roadmap for the same. Governments of various countries in Europe are subsidizing electric infrastructure and the focus is expected to be on electric vehicles in the long run. However, countries in Eastern Europe still lag behind Western European countries such as the UK, Germany, France, and Spain in terms of vehicle norms and technology. Hence, there is a relatively low presence of electric vehicle manufacturers and electric vehicle infrastructure in Eastern Europe. This offers an opportunity for electric vehicle charging station providers as well as battery manufacturers to expand their footprint in Eastern Europe. This expansion is expected to increase the demand for electric vehicle charging stations in Europe.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
•By Company Type: Tier I - 67%, Others - 9%, and OEMs - 24%
•By Designation: C Level Executives - 33%, Directors - 52%, and Others - 15%
•By Region: North America - 43%, Europe - 24%, Asia Pacific - 33%
The electric vehicle charging station market is dominated by major charging providers including ABB (Switzerland), Shell (Netherlands), ChargePoint (US), Tesla (US), and BYD (China). They develop products and provide service offerings for the electric vehicle charging ecosystem. They have initiated partnerships to develop their EV charging technology and provide finished products and charging services to their respective customers for the electric vehicle charging station market.
Research Coverage:
The report covers the electric vehicle charging station market, in terms of Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region (Asia Pacific, Europe and North America). It covers the competitive landscape and company profiles of the major players in the electric vehicle charging station ecosystem.
The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
•The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall electric vehicle charging station market and its subsegments.
•This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
•The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
1INTRODUCTION23
1.1OBJECTIVES OF THE STUDY23
1.2MARKET DEFINITION24
1.2.1INCLUSIONS & EXCLUSIONS27
TABLE 1INCLUSIONS & EXCLUSIONS IN ELECTRIC VEHICLE CHARGING STATION MARKET27
1.3MARKET SCOPE28
FIGURE 1MARKETS COVERED28
1.3.1YEARS CONSIDERED FOR THE STUDY28
1.4CURRENCY & PRICING29
TABLE 2CURRENCY EXCHANGE RATES29
1.5PACKAGE SIZE29
1.6STAKEHOLDERS29
1.7SUMMARY OF CHANGES30
2RESEARCH METHODOLOGY31
2.1RESEARCH DATA31
FIGURE 2ELECTRIC VEHICLE CHARGING STATION MARKET: RESEARCH DESIGN31
FIGURE 3RESEARCH DESIGN MODEL32
2.1.1SECONDARY DATA33
2.1.1.1Key secondary sources for electric vehicle charging station market33
2.1.1.2Key data from secondary sources34
2.1.2PRIMARY DATA35
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS35
2.1.2.1List of primary participants35
2.2MARKET SIZE ESTIMATION36
FIGURE 5RESEARCH METHODOLOGY: HYPOTHESIS BUILDING37
2.2.1BOTTOM-UP APPROACH37
FIGURE 6ELECTRIC VEHICLE CHARGING STATION MARKET SIZE: BOTTOM-UP APPROACH37
FIGURE 7ELECTRIC VEHICLE CHARGING STATION: MARKET SIZE ESTIMATION & VALIDATION PROCESS – SUPPLY SIDE38
2.2.2TOP-DOWN APPROACH38
2.2.3TOP-DOWN APPROACH: ELECTRIC VEHICLE CHARGING STATION MARKET38
FIGURE 8ELECTRIC VEHICLE CHARGING STATION: MARKET ESTIMATION NOTES39
FIGURE 9CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS39
2.3DATA TRIANGULATION40
FIGURE 10DATA TRIANGULATION METHODOLOGY40
2.4FACTOR ANALYSIS41
FIGURE 11FACTOR ANALYSIS: EV CHARGING STATION MARKET41
2.4.1FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES42
2.5RESEARCH ASSUMPTIONS43
2.6RESEARCH LIMITATIONS44
3EXECUTIVE SUMMARY45
FIGURE 12ELECTRIC VEHICLE CHARGING STATION MARKET: MARKET OVERVIEW46
FIGURE 13ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)47
FIGURE 14INTERESTING FACTS ON EV CHARGING48
FIGURE 15BY CHARGING POINT TYPE, AC SEGMENT ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET IN 202249
FIGURE 16KEY PLAYERS IN ELECTRIC VEHICLE CHARGING STATION MARKET50
3.1COVID-19 IMPACT ON ELECTRIC VEHICLE CHARGING STATION MARKET50
4PREMIUM INSIGHTS51
4.1ATTRACTIVE OPPORTUNITIES IN ELECTRIC VEHICLE CHARGING STATION MARKET51
FIGURE 17INCREASING DEMAND FOR ZERO-EMISSION MOBILITY TO DRIVE MARKET51
4.2ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING51
FIGURE 18LEVEL 2 CHARGING ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD51
4.3ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE52
FIGURE 19DC SEGMENT PROJECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD52
4.4ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE52
FIGURE 20TYPE-2 SEGMENT TO OCCUPY LARGEST MARKET SHARE DURING FORECAST PERIOD52
4.5ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION53
FIGURE 21PUBLIC SEGMENT ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET BY 202753
4.6ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE53
FIGURE 22ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD53
4.7ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE54
FIGURE 23PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD54
4.8ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY54
FIGURE 24SMART CONNECTED CHARGING STATIONS SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD54
4.9ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION55
FIGURE 25ASIA PACIFIC ESTIMATED TO BE LARGEST MARKET IN 202255
5MARKET OVERVIEW56
5.1INTRODUCTION56
5.2MARKET DYNAMICS57
FIGURE 26ELECTRIC VEHICLE CHARGING STATION MARKET: MARKET DYNAMICS57
5.2.1DRIVERS57
5.2.1.1Rising EV sales worldwide will increase demand for EV charging stations57
TABLE 3GLOBAL EV SALES DISTRIBUTION OVER THE YEARS58
5.2.1.2Government policies and subsidies to support faster setup of EV charging stations58
FIGURE 27EV SHIFT AND TARGETS OF COUNTRIES AROUND THE WORLD59
TABLE 4REGION-WISE EV AND CHARGING STATION SCENARIO59
5.2.1.3Increasing vehicle range per charge will boost EV and EV charging station demand60
5.2.1.4Reducing price of EVs in global market will boost EV sales and EVCS demand60
FIGURE 28PRICE REDUCTION IN EV BATTERY OVER THE YEARS60
5.2.2RESTRAINTS61
5.2.2.1Lack of standardization of charging infrastructure61
FIGURE 29TYPES OF EV CHARGING SOCKETS61
5.2.2.2Primitive power grid infrastructure61
FIGURE 30US GRID SCENARIO AND LIMITS FOR RAPID EV POPULARIZATION62
5.2.3OPPORTUNITIES62
5.2.3.1Use of V2G EV charging stations for electric vehicles62
FIGURE 31V2G INFRASTRUCTURE FOR EV CHARGING STATIONS63
5.2.3.2Use of IoT and smart infrastructure in EV charging stations for load management63
FIGURE 32SMART IOT-BASED TECHNOLOGY USED IN EV CHARGING STATIONS64
5.2.3.3Development of EV charging stations using renewable sources64
FIGURE 33EV CHARGING USING SOLAR POWER65
5.2.3.4Growing demand for battery swapping EV charging stations65
FIGURE 34BATTERY AS A SERVICE IN EV CARS65
5.2.4CHALLENGES66
5.2.4.1Higher initial cost of EVs compared to ICE vehicles66
5.2.4.2Stringent rules for installation of EV charging stations66
5.2.4.3Significant dependence on fossil fuel electricity generation & limited production in developing countries66
FIGURE 35FOSSIL FUELS STILL MAJOR SOURCE OF GLOBAL ENERGY CONSUMPTION67
TABLE 5ELECTRIC VEHICLE CHARGING STATION MARKET: IMPACT OF MARKET DYNAMICS68
5.3PORTER’S FIVE FORCES69
FIGURE 36PORTER’S FIVE FORCES: ELECTRIC VEHICLE CHARGING STATION MARKET69
TABLE 6ELECTRIC VEHICLE CHARGING STATION MARKET: IMPACT OF PORTERS 5 FORCES70
5.3.1THREAT OF SUBSTITUTES70
5.3.2THREAT OF NEW ENTRANTS70
5.3.3BARGAINING POWER OF BUYERS70
5.3.4BARGAINING POWER OF SUPPLIERS70
5.3.5RIVALRY AMONG EXISTING COMPETITORS71
5.4ELECTRIC VEHICLE CHARGING STATION MARKET ECOSYSTEM71
FIGURE 37ELECTRIC VEHICLE CHARGING STATION MARKET: ECOSYSTEM ANALYSIS71
5.4.1EV SUPPLY EQUIPMENT PROVIDERS (CHARGING STATION MANUFACTURERS)71
5.4.2EV CHARGING OPERATORS AND SERVICE PROVIDERS71
5.4.3OEMS72
5.4.4END USERS72
TABLE 7ELECTRIC VEHICLE CHARGING STATION MARKET: ROLE OF COMPANIES IN ECOSYSTEM72
5.5VALUE CHAIN ANALYSIS74
FIGURE 38VALUE CHAIN ANALYSIS OF ELECTRIC VEHICLE CHARGING STATION MARKET74
5.6PRICING ANALYSIS75
TABLE 8ELECTRIC VEHICLE CHARGING STATION COST SUMMARY75
FIGURE 39CHARGING ECONOMICS COMPARISON76
5.7PATENT ANALYSIS77
TABLE 9IMPORTANT PATENT REGISTRATIONS RELATED TO THE EV CHARGING STATION MARKET77
5.8CASE STUDY78
5.8.1INVADE: AN EUROPEAN SMART CHARGING CASE78
5.8.2SIZING OF ELECTRIC VEHICLE CHARGING STATIONS WITH SMART CHARGING CAPABILITIES AND QUALITY OF SERVICE REQUIREMENTS78
5.8.3CASE STUDY ON DEVELOPMENT OF LOAD BALANCING SOLUTION FOR EV CHARGING78
5.8.4A CASE STUDY ON EV CHARGING IN INDIA79
5.9TECHNOLOGY ANALYSIS79
5.9.1TURBO-CHARGING FOR EVS79
FIGURE 40PORSCHE TAYCAN TURBOCHARGING THROUGH A MOBILE CHARGING STATION80
5.9.2SMART CHARGING SYSTEM80
FIGURE 41SMART EV CHARGING SYSTEM81
5.9.3WIRELESS POWER TRANSFER81
FIGURE 42WIRELESS EV CHARGING SYSTEM81
5.9.4BIDIRECTIONAL CHARGERS82
FIGURE 43BI-DIRECTIONAL EV CHARGING SYSTEM82
5.10REGULATORY OVERVIEW82
5.10.1NETHERLANDS83
TABLE 10NETHERLANDS: ELECTRIC VEHICLE INCENTIVES83
TABLE 11NETHERLANDS: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES83
5.10.2GERMANY84
TABLE 12GERMANY: ELECTRIC VEHICLE INCENTIVES84
TABLE 13GERMANY: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES84
5.10.3FRANCE85
TABLE 14FRANCE: ELECTRIC VEHICLE INCENTIVES85
TABLE 15FRANCE: ELECTRIC VEHICLE CHARGING STATION INCENTIVES85
5.10.4UK86
TABLE 16UK: ELECTRIC VEHICLE INCENTIVES86
TABLE 17UK: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES86
5.10.5CHINA87
TABLE 18CHINA: ELECTRIC VEHICLE INCENTIVES87
TABLE 19CHINA: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES87
5.10.6US87
TABLE 20US: ELECTRIC VEHICLE INCENTIVES87
TABLE 21US: ELECTRIC VEHICLE CHARGING STATIONS INCENTIVES88
5.10.7CANADA88
5.11TRENDS AND DISRUPTIONS88
FIGURE 44ELECTRIC VEHICLE CHARGING STATION MARKET: TRENDS AND DISRUPTIONS88
5.11.1THE EVOLUTION OF EV CHARGING BUSINESS89
5.12MAJOR DEVELOPMENTS IN THE EV MARKET IN 202189
FIGURE 45NOTABLE EVENTS IN EV MARKET IN Q1 202189
FIGURE 46NOTABLE EVENTS IN EV MARKET IN Q2 202190
FIGURE 47NOTABLE EVENTS IN EV MARKET IN Q3 202190
FIGURE 48NOTABLE EVENTS IN EV MARKET IN Q4 202191
5.13OPPORTUNITIES IN EV CHARGING92
FIGURE 49OPPORTUNITIES IN EV CHARGING AROUND THE WORLD92
5.14ELECTRIC VEHICLE CHARGING STATION MARKET: COVID-19 IMPACT93
5.14.1IMPACT ON RAW MATERIAL SUPPLY93
5.14.2COVID-19 IMPACT ON AUTOMOTIVE INDUSTRY93
5.14.3OEM ANNOUNCEMENTS93
TABLE 22OEM ANNOUNCEMENTS93
5.14.4IMPACT ON EV CHARGING STATION PRODUCTION93
5.15ELECTRIC VEHICLE CHARGING STATION MARKET SCENARIOS (2022–2027)94
FIGURE 50ELECTRIC VEHICLE CHARGING STATION MARKET – FUTURE TRENDS & SCENARIOS, 2022–2027 (THOUSAND UNITS)94
5.15.1MOST LIKELY SCENARIO94
TABLE 23MOST LIKELY SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
5.15.2OPTIMISTIC SCENARIO95
TABLE 24OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
5.15.3PESSIMISTIC SCENARIO95
TABLE 25PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (THOUSAND UNITS)95
6ELECTRIC VEHICLE CHARGING STATION MARKET,
BY ELECTRIC BUS CHARGING TYPE96
6.1INTRODUCTION96
FIGURE 51COMPARISON OF DEPOT AND OPPORTUNITY CHARGING97
FIGURE 52COMPARISON OF TOP-DOWN AND BOTTOM-UP PANTOGRAPH FOR E-BUS CHARGING98
6.2OFF-BOARD TOP-DOWN PANTOGRAPH98
6.3ON-BOARD BOTTOM-UP PANTOGRAPH99
6.4CHARGING VIA CONNECTOR99
7ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING100
7.1INTRODUCTION101
FIGURE 53LEVEL 3 CHARGING PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)102
TABLE 26ELECTRIC VEHICLE CHARGING STATION MARKET, BY LEVEL OF CHARGING, 2018–2021 (THOUSAND UNITS)102
TABLE 27ELECTRIC VEHICLE CHARGING STATIONS MARKET, BY LEVEL OF CHARGING, 2022–2027 (THOUSAND UNITS)102
7.2OPERATIONAL DATA103
TABLE 28EV CHARGING STATIONS PROVIDED BY TOP PROVIDERS103
7.2.1ASSUMPTIONS104
TABLE 29ASSUMPTIONS: BY LEVEL OF CHARGING104
7.3RESEARCH METHODOLOGY104
7.4LEVEL 1 (<3.7 KW)105
7.4.1LOW ENERGY CONSUMPTION TO BOOST MARKET FOR LEVEL 1105
TABLE 30LEVEL 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)105
TABLE 31LEVEL 1 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)105
7.5LEVEL 2 (3.7–22 KW)106
7.5.1GROWING DEMAND FOR OVERNIGHT CHARGING TO SPEED UP DEMAND FOR LEVEL 2 CHARGING106
TABLE 32LEVEL 2 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)106
TABLE 33LEVEL 2 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)107
7.6LEVEL 3 (ABOVE 22 KW)107
7.6.1DEMAND FOR CHARGING VEHICLES FASTER WILL LEAD TO SETUP OF LEVEL 3 CHARGING STATIONS107
TABLE 34LEVEL 3 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)108
TABLE 35LEVEL 3 ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)108
7.7KEY PRIMARY INSIGHTS108
8ELECTRIC VEHICLES CHARGING STATION MARKET, BY CHARGING POINT TYPE109
8.1INTRODUCTION110
FIGURE 54SUPER CHARGING SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)110
TABLE 36ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)111
TABLE 37ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)111
8.2OPERATIONAL DATA112
TABLE 38LEADING EV CHARGING PROVIDERS GLOBALLY112
8.2.1ASSUMPTIONS112
TABLE 39ASSUMPTIONS: BY CHARGING POINT TYPE112
8.3RESEARCH METHODOLOGY113
8.4AC (NORMAL CHARGING)113
TABLE 40ELECTRIC VEHICLE CHARGING STATION MARKET FOR AC (NORMAL CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)113
TABLE 41ELECTRIC VEHICLE CHARGING STATION MARKET FOR AC (NORMAL CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)113
8.5DC (SUPER CHARGING)114
TABLE 42ELECTRIC VEHICLE CHARGING STATION MARKET FOR DC (SUPER CHARGING), BY REGION, 2018–2021 (THOUSAND UNITS)114
TABLE 43ELECTRIC VEHICLE CHARGING STATION MARKET FOR DC (SUPER CHARGING), BY REGION, 2022–2027 (THOUSAND UNITS)115
8.6INDUCTIVE CHARGING115
FIGURE 55INDUCTIVE EV CHARGING115
8.7KEY PRIMARY INSIGHTS116
9ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION117
9.1INTRODUCTION118
TABLE 44ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION,
2018–2021 (THOUSAND UNITS)118
TABLE 45ELECTRIC VEHICLE CHARGING STATION MARKET, BY APPLICATION,
2022–2027 (THOUSAND UNITS)118
FIGURE 56PUBLIC SEGMENT PROJECTED TO REGISTER HIGHER CAGR THAN PRIVATE SEGMENT DURING FORECAST PERIOD (2022–2027)119
9.2OPERATIONAL DATA119
TABLE 46LEADING EV CHARGE TYPE PROVIDERS ACROSS THE WORLD119
9.2.1ASSUMPTIONS120
TABLE 47ASSUMPTIONS: BY APPLICATION120
9.3RESEARCH METHODOLOGY121
9.4PRIVATE121
9.4.1INCORPORATION OF NEW TECHNOLOGIES AND LOW COST OF CHARGING TO DRIVE PRIVATE CHARGING MARKET121
TABLE 48ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)121
TABLE 49ELECTRIC VEHICLE PRIVATE CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)122
9.5PUBLIC122
9.5.1STRONG GOVERNMENT SUPPORT TO INSTALL PUBLIC CHARGING FOR EVS TO DRIVE MARKET122
TABLE 50ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)123
TABLE 51ELECTRIC VEHICLE PUBLIC CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)123
9.6KEY PRIMARY INSIGHTS124
10ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE125
10.1INTRODUCTION126
FIGURE 57PORSCHE TAYCAN CHARGING CONNECTORS FOR DIFFERENT MARKET126
TABLE 52ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2018–2021 (THOUSAND UNITS)127
TABLE 53ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING INFRASTRUCTURE TYPE, 2022–2027 (THOUSAND UNITS)127
FIGURE 58TESLA SC SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (2022–2027)128
10.2OPERATIONAL DATA128
TABLE 54PREFERRED CHARGING INFRASTRUCTURE ACROSS THE WORLD128
10.2.1ASSUMPTIONS129
TABLE 55ASSUMPTIONS: BY CHARGING INFRASTRUCTURE TYPE129
10.3RESEARCH METHODOLOGY129
10.4CCS130
10.4.1TESLA ADOPTION OF CCS AND INCREASING PENETRATION OF CCS IN EUROPEAN REGION EXPECTED TO BOOST DEMAND130
TABLE 56ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)130
TABLE 57ELECTRIC VEHICLE CCS CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)130
10.5CHADEMO131
10.5.1CHINA AND JAPAN TO ADOPT CHADEMO AT RAPID RATE131
TABLE 58ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)131
TABLE 59ELECTRIC VEHICLE CHADEMO CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)132
10.6NORMAL CHARGER132
10.6.1ASIA PACIFIC TO REGISTER HIGHEST CAGR FOR NORMAL CHARGE DURING FORECAST PERIOD132
TABLE 60ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)133
TABLE 61ELECTRIC VEHICLE NORMAL CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)133
10.7TESLA SUPER CHARGER134
10.7.1ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET FOR TESLA SUPER CHARGER134
TABLE 62ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)134
TABLE 63ELECTRIC VEHICLE TESLA SC CHARGING STATION MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)134
10.8TYPE-2 (LEVEL 2 & GB/T LEVEL 2 CHARGING)135
10.8.1ASIA PACIFIC TO DOMINATE TYPE-2 MARKET135
TABLE 64ELECTRIC VEHICLE TYPE-2 CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)135
TABLE 65ELECTRIC VEHICLE TYPE-2CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)135
10.9GB/T (LEVEL 3)136
10.10KEY PRIMARY INSIGHTS136
11ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING SERVICE TYPE137
11.1INTRODUCTION137
11.2EV CHARGING SERVICE137
11.3BATTERY SWAPPING SERVICE138
FIGURE 59BATTERY SWAPPING STATION139
12ELECTRIC VEHICLE CHARGING STATION MARKET,
BY DC FAST CHARGING TYPE140
12.1INTRODUCTION141
FIGURE 60ULTRA-FAST CHARGER SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)141
TABLE 66ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE, 2018–2021 (THOUSAND UNITS)142
TABLE 67ELECTRIC VEHICLE CHARGING STATION MARKET, BY DC FAST CHARGING TYPE, 2022–2027 (THOUSAND UNITS)142
12.2OPERATIONAL DATA142
TABLE 68LEADING EV FAST CHARGING PROVIDERS ACROSS THE WORLD142
12.2.1ASSUMPTIONS144
TABLE 69ASSUMPTIONS: BY DC FAST CHARGING TYPE144
12.3RESEARCH METHODOLOGY144
12.4FAST CHARGING145
12.5ULTRA-FAST CHARGING145
12.6KEY PRIMARY INSIGHTS145
13ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE146
13.1INTRODUCTION147
FIGURE 61PORTABLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)147
TABLE 70ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE, 2018–2021 (THOUSAND UNITS)148
TABLE 71ELECTRIC VEHICLE CHARGING STATION MARKET, BY INSTALLATION TYPE, 2022–2027 (THOUSAND UNITS)148
13.2OPERATIONAL DATA148
TABLE 72LEADING EV CHARGING PROVIDERS WITH PORTABLE CHARGERS148
13.2.1ASSUMPTIONS149
TABLE 73ASSUMPTIONS: BY INSTALLATION TYPE149
13.3RESEARCH METHODOLOGY149
13.4PORTABLE CHARGER150
13.4.1DEMAND FOR SMALL AND LIGHT CHARGERS EXPECTED TO BOOST SEGMENT GROWTH150
TABLE 74PORTABLE CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2018–2021 (THOUSAND UNITS)150
TABLE 75PORTABLE CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2022–2027 (THOUSAND UNITS)151
13.5FIXED CHARGER151
13.5.1GOVERNMENT COLLABORATION WITH OEMS TO INSTALL FIXED CHARGERS EXPECTED TO BOOST DEMAND151
TABLE 76FIXED CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2018–2021 (THOUSAND UNITS)151
TABLE 77FIXED CHARGER IN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY REGION, 2022–2027 (THOUSAND UNITS)152
13.6KEY PRIMARY INSIGHTS152
14ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY153
14.1INTRODUCTION154
FIGURE 62SMART CONNECTED CHARGING STATIONS PROJECTED TO REGISTER HIGHER CAGR DURING FORECAST PERIOD (2022–2027)155
TABLE 78ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY, 2018–2021 (THOUSAND UNITS)155
TABLE 79ELECTRIC VEHICLE CHARGING STATION MARKET, BY IOT CONNECTIVITY, 2022–2027 (THOUSAND UNITS)155
14.2OPERATIONAL DATA156
TABLE 80SMART CONNECTED CHARGING STATIONS PROVIDED BY TOP CHARGING PROVIDERS156
14.2.1ASSUMPTIONS157
TABLE 81ASSUMPTIONS: BY INSTALLATION157
14.3RESEARCH METHODOLOGY157
14.4NON-CONNECTED CHARGING STATIONS158
14.5SMART CONNECTED CHARGING STATIONS (NETWORKED)158
14.6KEY PRIMARY INSIGHTS158
15ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION159
15.1INTRODUCTION160
FIGURE 63ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION161
TABLE 82ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (THOUSAND UNITS)161
TABLE 83ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (THOUSAND UNITS)161
TABLE 84ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2018–2021 (USD MILLION)162
TABLE 85ELECTRIC VEHICLE CHARGING STATION MARKET, BY REGION,
2022–2027 (USD MILLION)162
15.2ASIA PACIFIC163
FIGURE 64APAC ESTIMATED TO LEAD ELECTRIC VEHICLE CHARGING STATION MARKET DURING FORECAST PERIOD163
FIGURE 65ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT164
TABLE 86ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)164
TABLE 87ASIA PACIFIC ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)165
15.2.1CHINA165
15.2.1.1GB/T-fast charging solutions expected to boost demand165
TABLE 88CHINA ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS166
TABLE 89CHINA: ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)166
TABLE 90CHINA: ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)167
15.2.2INDIA167
15.2.2.1Participation by private and public companies will speed up EV charging station market in India167
TABLE 91INDIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)168
TABLE 92INDIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)168
15.2.3JAPAN169
15.2.3.1Technological advancements in Japan to lead to growth of super charging segment169
TABLE 93JAPAN ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)169
TABLE 94JAPAN ELECTRIC VEHICLE CHARGING STATION MARKET, BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)169
15.2.4SOUTH KOREA170
15.2.4.1OEMs to work with government to build required infrastructure for electric vehicles170
TABLE 95SOUTH KOREA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)170
TABLE 96SOUTH KOREA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)170
15.3EUROPE171
FIGURE 66ELECTRIC VEHICLE CHARGING STATION MARKET IN EUROPE, BY COUNTRY, 2022 & 2027 (THOUSAND UNITS)172
TABLE 97EUROPE ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)172
TABLE 98EUROPE ELECTRIC VEHICLE CHARGING STATION MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)173
15.3.1FRANCE173
15.3.1.1Electrification of public transport expected to boost demand for
DC charging segment in future173
TABLE 99FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS174
TABLE 100FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)174
TABLE 101FRANCE ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)175
15.3.2GERMANY175
15.3.2.1Partnerships between OEMs and charging providers will speed up setup of EV charging stations in Germany175
TABLE 102GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS175
TABLE 103GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)176
TABLE 104GERMANY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)176
15.3.3NETHERLANDS177
15.3.3.1High rate of adoption of electric vehicles expected to drive
EV charging station demand177
TABLE 105NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS177
TABLE 106NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)178
TABLE 107NETHERLANDS ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)178
15.3.4NORWAY178
15.3.4.1Government incentives and private corporations to speed up EV charging station deployment178
TABLE 108NORWAY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)179
TABLE 109NORWAY ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)179
15.3.5SWEDEN179
15.3.5.1Government investments and support schemes to boost EV charging station market in Sweden179
TABLE 110SWEDEN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)180
TABLE 111SWEDEN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)180
15.3.6UK181
15.3.6.1New EV infrastructure bill to boost EV charging station market181
TABLE 112UK ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS181
TABLE 113UK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)182
TABLE 114UK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)182
15.3.7DENMARK182
15.3.7.1EVBox decision to setup 300,000 charging stations along with government incentives to speed up EV charger setup in Denmark182
TABLE 115DENMARK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)183
TABLE 116DENMARK ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)183
15.3.8AUSTRIA184
15.3.8.1Government incentives and charging network providers’ participation in setting up EV infrastructure will speed up deployment of EV chargers in Austria184
TABLE 117AUSTRIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)184
TABLE 118AUSTRIA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)184
15.3.9SPAIN185
15.3.9.1Government incentives to promote EV charging to boost demand for EV charging stations185
TABLE 119SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)185
TABLE 120SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)185
15.3.10SWITZERLAND186
15.3.10.1Government and charging startups will set up charging stations across Switzerland186
TABLE 121SWITZERLAND ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)186
TABLE 122SWITZERLAND ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)186
15.4NORTH AMERICA187
FIGURE 67NORTH AMERICA: ELECTRIC VEHICLE CHARGING STATION MARKET SNAPSHOT188
TABLE 123NORTH AMERICA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY COUNTRY, 2018–2021 (THOUSAND UNITS)188
TABLE 124NORTH AMERICA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY COUNTRY, 2022–2027 (THOUSAND UNITS)189
15.4.1CANADA189
15.4.1.1Government support for charging infrastructure to boost demand189
TABLE 125CANADA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)190
TABLE 126CANADA ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)190
15.4.2US190
15.4.2.1New goal for charging stations’ deployment by 2030 and charging network provider support will speed up deployment of EV charging stations190
TABLE 127US ELECTRIC VEHICLE CHARGING STATION MARKET: HIGHLIGHTS191
TABLE 128US ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2018–2021 (THOUSAND UNITS)191
TABLE 129US ELECTRIC VEHICLE CHARGING STATION MARKET,
BY CHARGING POINT TYPE, 2022–2027 (THOUSAND UNITS)192
16COMPETITIVE LANDSCAPE193
16.1OVERVIEW193
16.2MARKET SHARE ANALYSIS FOR ELECTRIC VEHICLE CHARGING STATION MARKET193
TABLE 130MARKET SHARE ANALYSIS, 2021193
FIGURE 68MARKET SHARE ANALYSIS, 2020194
16.3REVENUE ANALYSIS OF TOP LISTED PLAYERS196
FIGURE 69REVENUE ANALYSIS, 2020196
16.4COMPETITIVE SCENARIO197
16.4.1DEALS197
TABLE 131DEALS, 2018–2021197
16.4.2NEW PRODUCT LAUNCHES199
TABLE 132NEW PRODUCT LAUNCHES, 2018–2021199
16.4.3OTHERS, 2018–2021200
TABLE 133OTHERS, 2018–2021200
16.5COMPANY EVALUATION QUADRANT FOR ELECTRIC VEHICLE CHARGING STATION MARKET201
16.5.1STARS201
16.5.2EMERGING LEADERS201
16.5.3PERVASIVE201
16.5.4EMERGING COMPANIES201
FIGURE 70ELECTRIC VEHICLE CHARGING STATION MARKET: COMPANY EVALUATION QUADRANT, 2021202
TABLE 134ELECTRIC VEHICLE CHARGING STATION MARKET: COMPANY FOOTPRINT, 2021203
TABLE 135ELECTRIC VEHICLE CHARGING STATION MARKET: APPLICATION FOOTPRINT, 2021204
TABLE 136ELECTRIC VEHICLE CHARGING STATION MARKET: REGIONAL FOOTPRINT, 2021205
16.6STARTUP/SME EVALUATION QUADRANT206
16.6.1PROGRESSIVE COMPANIES206
16.6.2RESPONSIVE COMPANIES206
16.6.3DYNAMIC COMPANIES206
16.6.4STARTING BLOCKS206
FIGURE 71ELECTRIC VEHICLE CHARGING STATION MARKET: SME EVALUATION QUADRANT, 2021207
16.7RIGHT TO WIN, 2018-2021208
TABLE 137RIGHT TO WIN, 2018-2021208
17COMPANY PROFILES209
(Business overview, Products offered, Recent developments & MnM View)*
17.1KEY PLAYERS209
17.1.1ABB209
TABLE 138ABB: BUSINESS OVERVIEW209
FIGURE 72ABB: COMPANY SNAPSHOT210
FIGURE 73ABB: HIGHLIGHTS 2021211
TABLE 139ABB: PRODUCTS OFFERED212
TABLE 140ABB: NEW PRODUCT LAUNCH213
TABLE 141ABB: DEALS214
TABLE 142ABB: OTHERS215
17.1.2CHARGEPOINT217
TABLE 143CHARGEPOINT: BUSINESS OVERVIEW217
FIGURE 74CHARGEPOINT: OFFERINGS217
TABLE 144CHARGEPOINT: PRODUCTS OFFERED218
TABLE 145CHARGEPOINT: NEW PRODUCT LAUNCH218
TABLE 146CHARGEPOINT: DEALS219
17.1.3BYD221
TABLE 147BYD: BUSINESS OVERVIEW221
FIGURE 75BYD: COMPANY SNAPSHOT222
TABLE 148BYD: PRODUCTS OFFERED222
TABLE 149BYD: NEW PRODUCT LAUNCH223
TABLE 150BYD: DEALS223
TABLE 151BYD: OTHERS224
17.1.4TESLA225
TABLE 152TESLA: BUSINESS OVERVIEW225
FIGURE 76TESLA: COMPANY SNAPSHOT226
TABLE 153TESLA: PRODUCTS OFFERED226
TABLE 154TESLA: NEW PRODUCT LAUNCH227
TABLE 155TESLA: DEALS227
TABLE 156TESLA: OTHERS228
17.1.5SHELL230
TABLE 157SHELL: BUSINESS OVERVIEW230
FIGURE 77SHELL: COMPANY SNAPSHOT231
TABLE 158SHELL: PRODUCTS OFFERED231
TABLE 159SHELL: NEW PRODUCT LAUNCH232
TABLE 160SHELL: DEALS232
TABLE 161SHELL: OTHERS234
17.1.6SCHNEIDER ELECTRIC235
TABLE 162SCHNEIDER ELECTRIC: BUSINESS OVERVIEW235
FIGURE 78SCHNEIDER ELECTRIC: COMPANY SNAPSHOT235
FIGURE 79SCHNEIDER ELECTRIC: WALLBOX AND EVLINK SPECIFICATIONS236
FIGURE 80SCHNEIDER ELECTRIC: EVLINK DC FAST CHARGE AND ACCESSORIES & SPARE PARTS SPECIFICATIONS237
TABLE 163SCHNEIDER ELECTRIC: PRODUCTS OFFERED238
TABLE 164SCHNEIDER ELECTRIC: NEW PRODUCT LAUNCH238
TABLE 165SCHNEIDER ELECTRIC: DEALS239
TABLE 166SCHNEIDER ELECTRIC: OTHERS239
17.1.7SIEMENS240
TABLE 167SIEMENS: BUSINESS OVERVIEW240
FIGURE 81SIEMENS: COMPANY SNAPSHOT240
TABLE 168SIEMENS: PRODUCTS OFFERED241
TABLE 169SIEMENS: NEW PRODUCT LAUNCH241
TABLE 170SIEMENS: DEALS242
TABLE 171SIEMENS: OTHERS242
17.1.8BP243
TABLE 172BP: BUSINESS OVERVIEW243
FIGURE 82BP: COMPANY SNAPSHOT243
TABLE 173BP: PRODUCTS OFFERED244
TABLE 174BP: NEW PRODUCT LAUNCH244
TABLE 175BP: DEALS244
TABLE 176BP: OTHERS245
17.1.9WEBASTO246
TABLE 177WEBASTO: BUSINESS OVERVIEW246
TABLE 178WEBASTO: PRODUCTS OFFERED246
TABLE 179WEBASTO: NEW PRODUCT LAUNCH247
TABLE 180WEBASTO: DEALS247
17.1.10ENGIE248
TABLE 181ENGIE: BUSINESS OVERVIEW248
FIGURE 83ENGIE: COMPANY SNAPSHOT248
TABLE 182ENGIE: PRODUCTS OFFERED249
TABLE 183ENGIE: NEW PRODUCT LAUNCH249
TABLE 184ENGIE: DEALS250
17.1.11EATON251
TABLE 185EATON: BUSINESS OVERVIEW251
FIGURE 84EATON: COMPANY SNAPSHOT251
TABLE 186EATON: PRODUCTS OFFERED252
TABLE 187EATON: DEALS252
17.1.12SEMACONNECT253
TABLE 188SEMACONNECT: BUSINESS OVERVIEW253
TABLE 189SEMACONNECT: PRODUCTS OFFERED253
TABLE 190SEMACONNECT: NEW PRODUCT/SERVICE LAUNCH254
TABLE 191SEMACONNECT: DEALS254
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
17.2OTHER PLAYERS255
17.2.1EFACEC255
TAB
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