Asia-Pacific Electric Vehicle Charging System Market 2021-2028

This report implies that the Asia-Pacific electric vehicle charging system market is probable to develop at a CAGR of 42.17% through the years 2021-2028. India, Australia & New Zealand, Japan, China, South Korea, Singapore, and Rest of APAC outline the market within the region.

South Korea is among the top manufacturers of automotive vehicles globally. Moreover, the country exports a large portion of its automobile production as it is involved in free trade agreements with the European Union and the US. Furthermore, the government is encouraging the developments that amplify the sales of electric vehicles, creating interest among the consumers. Besides, the country is strategizing to install innovative fast-charging stations for electric vehicles. Above all, in January 2021, the government revised its electric vehicle subsidy scheme to eliminate the high-prices electric cars. All these factors are propelling the electric vehicle charging system on a growth path across South Korea.

On the other hand, Singapore is anticipated to observe a spike in the electric vehicle charging operators as efforts are taken to expand the charging infrastructure for green cars. This step is considering the government’s effort to phase out internal combustion engines by 2040. Under the Singapore Green Plan, a large number of electric vehicle charging points will be constructed at public parks and private premises, adding to the electric vehicle charging system market’s progress in Singapore.

COMPETITIVE OUTLOOK

The major companies in the electric vehicle charging system market comprise Delta Electronics Inc, Siemens, ChargePoint, ABB Ltd, Schneider Electric, SemaConnect, and Eaton.

1. Asia-Pacific Electric Vehicle Charging System Market - Summary

2. Industry Outlook

2.1. Key Insights
2.1.1. Rise in Investments in Electric Vehicle Industry
2.1.2. Rising Environmental Pollution Increases Growth Prospects for the Market
2.1.3. Many Countries Have Set Targets to Phase-Out Internal Combustion Engine Vehicles
2.2. Impact of COVID-19 on Electric Vehicle Charging System Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Matrix
2.5. Industry Components
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Contracts & Partnerships
2.7.2. Business Expansions & Divestitures
2.7.3. Acquisitions & Mergers
2.7.4. New Product Launches
2.8. Market Drivers
2.8.1. Growth in Electric Vehicle Sales
2.8.2. Governmental Initiatives in Favor of the Market
2.8.3. Technological Innovations
2.9. Market Challenges
2.9.1. High Setup Costs
2.9.2. Lack of Standardization
2.9.3. Extended Charging Time and Competition from Other Technologies
2.10. Market Opportunities
2.10.1. Advancements in Wireless Charging Technology
2.10.2. Growth in Vehicle-To-Grid (V2G) Technologies
2.10.3. Opportunities from Changing Market Dynamics

3. Asia-Pacific Electric Vehicle Charging System Market - by Product Type

3.1. Home Charging Systems
3.2. Commercial Charging Systems

4. Asia-Pacific Electric Vehicle Charging System Market - by Mode of Charging

4.1. Plug-In Charging System
4.1.1. Level 1
4.1.2. Level 2
4.1.3. Level 3
4.2. Wireless Charging System

5. Asia-Pacific Electric Vehicle Charging System Market - Regional Outlook

5.1. China
5.2. Japan
5.3. India
5.4. South Korea
5.5. Singapore
5.6. Australia & New Zealand
5.7. Rest of Asia-Pacific

6. Competitive Landscape

6.1. Abb Ltd
6.2. Alfen
6.3. Allego
6.4. Blink
6.5. Chargepoint
6.6. Delta Electronics Inc
6.7. Eaton
6.8. Efacec
6.9. Evbox
6.10. Evgo
6.11. Schneider Electric
6.12. Semaconnect
6.13. Siemens
6.14. Tesla
6.15. Webasto

7. Methodology & Scope

7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

List of Tables

Table 1: Asia-Pacific Electric Vehicle Charging System Market, by Country Outlook, 2021-2028 (In $ Million)
Table 2: Country-Wise Phase-Out Plans for Ice Vehicles
Table 3: Market Attractiveness Matrix
Table 4: Vendor Scorecard
Table 5: List of Contracts & Partnerships
Table 6: List of Business Expansions & Divestitures
Table 7: List of Acquisitions & Mergers
Table 8: List of New Product Launches
Table 9: Asia-Pacific Electric Vehicle Charging System Market, by Product Type, 2021-2028 (In $ Million)
Table 10: Asia-Pacific Electric Vehicle Charging System Market, by Mode of Charging, 2021-2028 (In $ Million)
Table 11: Asia-Pacific Electric Vehicle Charging System Market, by Plug-In Charging System, 2021-2028 (In $ Million)
Table 12: Advantages & Disadvantages of Wireless Charging System
Table 13: Asia-Pacific Electric Vehicle Charging System Market, by Country Outlook, 2021-2028 (In $ Million)

List of Figures

Figure 1: Porter's Five Forces Analysis
Figure 2: Industry Components
Figure 3: Industry Player Positioning in 2020 (In %)
Figure 4: Lithium-Ion Battery Price Per Kwh (2010-2018)
Figure 5: Asia-Pacific Electric Vehicle Charging System Market, by Product Type, 2020 & 2028
Figure 6: Asia-Pacific Electric Vehicle Charging System Market, by Home Charging Systems, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Electric Vehicle Charging System Market, by Commercial Charging Systems, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Electric Vehicle Charging System Market, by Mode of Charging, 2020 & 2028 (In %)
Figure 9: Asia-Pacific Electric Vehicle Charging System Market, by Plug-In Charging System, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Electric Vehicle Charging System Market, by Plug-In Charging System, 2020 & 2028 (In %)
Figure 11: Asia-Pacific Electric Vehicle Charging System Market, by Level 1, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Electric Vehicle Charging System Market, by Level 2, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Electric Vehicle Charging System Market, by Level 3, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Electric Vehicle Charging System Market, by Hardware, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific Electric Vehicle Charging System Market, Country Outlook, 2020 & 2028 (In %)
Figure 16: China Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 17: Japan Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 18: India Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 19: South Korea Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 20: Singapore Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 21: Australia & New Zealand Electric Vehicle Charging System Market 2021-2028 (In $ Million)
Figure 22: Rest of Asia-Pacific Electric Vehicle Charging System Market 2021-2028 (In $ Million)