Electric vehicle charging system provide electric energy for recharging electric vehicles such as electric cars. Electric vehicle owners can charge their vehicle at home using home chargers or at the electric vehicle charging stations installed at public places such as shopping centers, parking spaces and similar others.
The "Global Electric vehicle charging system Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electric vehicle charging system market with detailed market segmentation by charging infrastructure, level of charging, charging point, DC fast charging, installation type, and geography. The report provides key statistics on the market status of the leading electric vehicle charging system market players and offers key trends and opportunities in the market.
- Based on charging infrastructure type, the global electric vehicle charging system market is segmented into CCS, CHADEMO,normal charge, tesla supercharger and type 2.
- On the basis of level of charging, the market is segmented into level 1, level 2 and level 3.
- Based on charging point, the global electric vehicle charging system market is segmented into normal charging, super charging and inductive charging.
- Based on DC fast charging, the global electric vehicle charging system market is segmented into fast charging and ultrafast charging.
- Based on installation type, the global electric vehicle charging system market is segmented into portable charger and fixed charger.
- Increasing awareness among people for taking ecofriendly actions and developing affordable charging solutions.
- Longer range and affordable electric cars are the future trends of the electric vehicle charging system.
- Safety concern with respect to this system is hindering its market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electric vehicle charging system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the electric vehicle charging system market in these regions.
IMPACT OF COVID-19 ON ELECTRIC VEHICLE CHARGING SYSTEM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the electric vehicle charging system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from electric vehicle charging system market are anticipated to lucrative growth opportunities in the future with the rising demand for electric vehicle charging system in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electric vehicle charging system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- BorgWarner Inc. (Delphi)
- ChargePoint, Inc.
- Eaton Corporation PLC
- General Electric Company
- Schneider Electric
- Siemens AG
- Tata Power
- Tesla, Inc
- Webasto Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.