Global electric vehicle charging stations market accounted for over ~US$ 2.3 billion in 2019. It is anticipated to grow at a CAGR of ~34% from 2019 to 2030.

New York, NY -- (SBWire) -- 09/30/2020 --Electric vehicle charging stations are the places or infrastructures that connect electric vehicles to the electric source for charging. These charging stations provide power to the vehicles that run on electricity for longer period of time. Today, these charging stations are developed with the accessibility to smart metering feature, network connectivity, and cellular connectivity and others, besides the basic requirements. The charging stations are also commonly known as electric vehicle supply equipment and are generally available in municipal parking areas, by power utility companies, at retail shopping centers, and more. These stations are integrated with special connectors that comply with different standards of electric charging connectors.

Besides other industries, automotive industry is witnessing several innovations. Amongst them are the advancements in chargers of the electric vehicles. Innovations in chargers are a dynamic change in the electric vehicle industry. The growth of the electric vehicle industry can also be attributed to improvements in the chargers of these vehicles. Some of the innovations are the launch of bidirectional chargers, wireless power, solar charging, high-speed chargers, and autonomous robotic charging.

Major Key Players of the Electric Vehicle Charging Stations Market are:
ABB Ltd., Robert Bosch GmbH, Siemens AG, Pod Point., BP Chargemaster, CHROMA ATE INC., and Shell, among others.

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The rising demand for electric vehicles and increasing investments made by governments across the globe to develop EV charging infrastructure is anticipated to propel the market during the forecast period. These investments creates opportunities for Original Equipment Manufacturers (OEMs) to expand their revenue stream and geographical presence. Moreover, investments by companies for electrification are expected to fuel the growth of the EV charging station market.

Increasing concerns regarding environmental pollution, greenhouse gas, and the extensive use of renewable energy have led to the rising demand for alternatives transport solutions. Electric vehicles are eco-friendly and helps in reducing air pollution, thus leading to better air quality and fewer health problems. Moreover, electric vehicles are quieter than petrol/diesel vehicles, which ultimately reduces chances of noise pollution. Furthermore, EVs are cheaper to maintain as they have fewer moving parts as compared to conventional petrol/diesel vehicles that are composed of expensive exhaust systems, starter motors, fuel injection systems, and several other parts. All these factors are expected to propel the growth of the electric vehicle charging stations in the coming years.

Major Types of Electric Vehicle Charging Stations Market covered are:
AC Charging Station
DC Charging Station

Major Applications of Electric Vehicle Charging Stations Market covered are:
Residential
Commercial

Research objectives:-

– To study and analyze the global Electric Vehicle Charging Stations consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Electric Vehicle Charging Stations market by identifying its various sub-segments.
– Focuses on the key global Electric Vehicle Charging Stations manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Electric Vehicle Charging Stations with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Electric Vehicle Charging Stations Market Size
2.2 Electric Vehicle Charging Stations Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Electric Vehicle Charging Stations Market Size by Manufacturers
3.2 Electric Vehicle Charging Stations Key Players Head office and Area Served
3.3 Key Players Electric Vehicle Charging Stations Product/Solution/Service
3.4 Date of Enter into Electric Vehicle Charging Stations Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Electric Vehicle Charging Stations Sales by Product
4.2 Global Electric Vehicle Charging Stations Revenue by Product
4.3 Electric Vehicle Charging Stations Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Electric Vehicle Charging Stations Breakdown Data by End User

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In the end, Electric Vehicle Charging Stations industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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