Report provides Global Electric Vehicle Charging Station market opportunities, stakeholder’s information and competitive landscape, revenue forecast for four regions, North America, Europe, Asia and the Rest of the World. Electric Vehicle Charging Station industry is to grow with a rapid pace over forecast period of 2018 to 2023.The increase in demand of electric vehicles, increasing fuel prices, expansion of global auto-manufacturers are estimated to gain higher popularity during the forecast period.
Electric Vehicle Charging Station Key Company Analyzed:
ABB Ltd. (Switzerland), AeroVironment Inc. (U.S.), Elektromotive Limited (U.K.), GE Company (U.S.), and Schneider Electric SE (France). Market competition by top manufacturers/players, with sales volume, price, revenue (Million USD) and market share for each manufacturer/player.
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Electric Vehicle Charging Station Global Market Analysis:
The automotive electric vehicle charging station market is completely dependent on the fluctuating prices in electric batteries. Thus, the increasing or decreasing prices of the batteries directly has an impact on the market. Moreover, the increase in the growth of electric vehicle charging stations has mainly been because of popularity of electric driven vehicles. The rising popularity of electric vehicles and increased awareness of depleting state of environment, due to which there has been a rise in the use of automotive electric vehicle charging station market.
Target Audience of Report:
- Raw material suppliers
- Commercial research & development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries.
Asia Pacific dominated the Global Electric Vehicle Charging Station Market in 2016. Presence of China, Japan and South Korea is one of the major factors that is driving the electric vehicles market. China is the largest market for electric car and electric two wheeler. Since 2015, the sales have grown massively in China. However, it has created ample scope for the automakers to cover the region. Moreover, automakers such as Tesla, Tata Motors, and Hyundai have decided to initiate the electric car production in India. This is a very profitable decision as the government has also taken various steps to make more investment in these countries.
The global electric vehicle charging station market has been segmented on the basis of charging station as AC charging station, DC charging station and inductive charging station. On the basis of connector type the market has been segmented as chademo, CCS and others.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.
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