Global Electric Vehicle Charging Infrastructure Market (2021-2026) by Charger Type, Connector Outlook, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Electric Vehicle Charging Infrastructure Market is estimated to be USD 10.5 Bn in 2020 and is expected to reach USD 37.36 Bn by 2025, growing at a CAGR of 28.9%.



Market Dynamics

The rising global awareness of environmental issues coupled with the integration of renewable electricity development in electric vehicles has triggered the adoption rate of electric vehicles. The options of home charging and increasing fuel economy have attracted customers to invest in electric cars. The growing demand for electric vehicles is the primary factor driving the electric vehicle charging infrastructure market. In addition, government initiatives in an investment of electric vehicles infrastructure to propagate zero carbon emission is expected to fuel the market growth. For instance, Japan government plans to alter all cars sold in Japan to electric or hybrid vehicles by 2050.

However, the high cost of infrastructure and maintenance, uncertain consumer behaviors, and low charging time are some of the factors hindering the market growth.

Market Segmentation

The Global Electric Vehicle Charging Infrastructure Market is segmented further based on Charger Type, Connector Outlook, Application, and Geography.

By Charger Type, the market is classified as fast and slow. Amongst the two, the fast segment is estimated to hold the highest market share.

By Connector Outlook, the market is classified as soft CHAdeMO, Combined Charging System (CCS) and others. Amongst all, the CHAdeMO segment is estimated to hold the highest market share.

By Application, the market is classified as commercial and residential. Amongst the two, the commercial segment is estimated to hold the highest market share.

By Geography, Europe is projected to lead the market.

Recent Developments

1. General Motors partners with 7 car charging companies to simplify the access of charging units for their customers. The company plans to launch electric vehicle by year-end of 2025. - 29th April 2021
2. ABB’s electric vehicle chargers, Terra 184 have been selected by Japan’s e-Mobility Power (eMP) to modernize the infrastructure for the country’s electric vehicle market. - 21st August 2020

Company Profiles

Some of the companies covered in this report ClipperCreek, Inc., Eaton Corp., General Electric Company, GreenPower Motor Company Inc., Leviton Manufacturing Co., Inc., Plug Power Inc., Schneider Electric, SemaConnect, etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Electric Vehicle Charging Infrastructure Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.

• The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market