DUBLIN, Oct. 22, 2020 /PRNewswire/ -- The "Electric Vehicle Charging Stations Market by Type (Plug-in, Wireless), Component (Hardware, Software), Bus Charging Infrastructure, Connector (CCS, CHAdeMO, GB/T, Tesla Supercharger), Installation, and End User - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The electric vehicle charging stations market is expected to grow at a CAGR of 39.8% from 2020 to 2027 to reach $29.7 billion by 2027; whereas, in terms of volume, the market is expected to grow at a CAGR of 31.8% from 2020 to 2027 to reach 15,025.5 thousand units by 2027.
The global electric vehicle charging stations market study presents historical market data in terms of value and volume (2018 and 2019), estimated current data (2020), and forecasts for 2027.
This market is majorly driven by the government incentives, subsidies, and funding for the installation of charging stations; and automakers' initiatives for the charging infrastructure development. However, the high cost of fast-charging stations, stringent rules for installation, and complex charging infrastructure obstructs the growth of this market to some extent.
Based on the charging station type, plug-in charging stations segment is estimated to account for the largest share of the overall electric vehicle charging stations market in 2020. The growth in this segment is mainly driven by the government and automakers initiatives to expand the level 3 plug-in charging station infrastructure.
However, the wireless charging stations market is expected to witness rapid growth during the forecast period. The rapid growth of this segment is primarily attributed to the automaker's initiatives for the development of wireless charging stations technology and government funding for the installation of the wireless charging stations.
Based on bus charging infrastructure, the off-board top-down pantograph segment is estimated to command the largest share of the overall electric vehicle charging stations market in 2020. However, the on-board bottom-up pantograph segment is estimated to witness rapid growth during the forecast period.
The on-board bottom-up pantograph charging solution is a fast-charging system mainly used for the charging of electric buses in cities with existing DC networks, such as for tramways. Factors attributed to driving the growth of this segment include increasing adoption of electric buses in countries such as China and the United States over the past years.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Insights
4.2. Market Dynamics
220.127.116.11. Government Initiatives to Drive the Adoption of Electric Vehicle and Associated Infrastructure
18.104.22.168.1. Incentives and Subsidies for Purchase of Chargers
22.214.171.124.2. Funding for Installation of Charging Stations
126.96.36.199. Automakers' Initiative for Charging Infrastructure Development
188.8.131.52. High Cost of Charging Infrastructure
184.108.40.206. Stringent Rules and Complex Infrastructure
220.127.116.11. High Cost and Low Fuel Economy of Electric Vehicles
18.104.22.168. Electric Vehicle Charging Stations Powered by Renewable Energy
22.214.171.124. Use of Vehicle-To-Grid (V2g) Electric Vehicle Charging Stations
126.96.36.199. Growing Demand of Electric Vehicles in Emerging Economies
188.8.131.52. Lack of Standardization of Charging Infrastructure
184.108.40.206. Ridesharing Companies Adopting Electric Vehicles and Charging Stations for Their Fleets
4.3. Pricing Analysis, by Type
4.3.1. Pricing Overview
4.3.2. Level 1 Charging Stations
4.3.3. Level 2 Charging Stations
4.3.4. Level 3 Charging Stations
4.4. COVID-19 Impact Assessment
4.4.2. COVID-19 Impact Assessment
5 Regulatory Analysis
5.7. Latin America
6 Technology Landscape
6.1. Evolution of Battery Technologies
6.2. Evolution of Charging Station Technologies
6.3. Standards for Charging Stations
6.3.2. American Standards
6.3.3. European Standards
7 Electric Vehicle Charging Stations Market, by Type
7.2. Plug-In Charging Station
7.2.1. Level 1 Charging Station
7.2.2. Level 2 Charging Station
7.2.3. Level 3 Charging Station (Dc Fast Chargers)
7.3. Wireless Charging Station
8 Electric Vehicle Charging Stations Market, by Component
9 Electric Vehicle Charging Stations Market, by Connector Type
9.2. Guobiao Standards (GB/T)
9.3. Charge De Move (CHAdeMO)
9.4. Combined Charging System (CCS)
9.5. Tesla Supercharger
9.6. Type 2 (IEC 62196)
9.7. Type 1 (SAE J1772)
10 Electric Vehicle Charging Stations Market, by Installation Type
10.2. Fixed Charging Stations
10.3. Portable Chargers
11 Electric Vehicle Charging Stations Market, by End-User
11.2.1. On Road
11.2.2. Public Parking
11.2.3. Other Commercial Sites
12 Geographic Analysis
13 Competitive Landscape
13.2. Partnerships, Agreements, and Collaborations
13.3. New Product Launches
13.5. Competitive Benchmarking
13.6. Market Ranking (2019)
13.6.1. Chargepoint, Inc.
13.6.2. ABB, Ltd.
13.6.3. Tesla, Inc.
13.6.4. Siemens Ag
14 Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
14.1. Schneider Electric SE
14.2. Chargepoint, Inc.
14.3. Siemens AG
14.5. Delta Electronics, Inc.
14.6. Leviton Manufacturing Co., Inc.
14.7. Webasto Group
14.8. ClipperCreek, Inc.
14.9. EVBox B.V. (A Part of Engie)
14.10. Alfen N.V.
14.11. New Motion EVSE, Ltd. (A Part of Royal Dutch Shell)
14.12. Eaton Corporation
14.13. Blink Charging Co.
14.14. ABB, Ltd.
14.15. Star Charge
14.17. Tesla, Inc.
14.18. Robert Bosch GmbH
For more information about this report visit https://www.researchandmarkets.com/r/6irlu1
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