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  • 16 October 2020 20:16

Electric Vehicle Charging Stations Market Forecast Revised as COVID-19 Estimated to Hold a Huge Impact on Sales in 2020: ABB, Robert Bosch, Siemens

Electric vehicle charging stations are the places that provide charging for the electric vehicles for driving the electric vehicle for longer period. These charging places are also called as electric recharging point, electronic charging station (ECS), charge point, EV charging station, electric vehicle supply equipment, and more. The plug-in electric vehicles, such as the plug-in hybrids, neighborhood electric vehicles, and the electric cars use these electric vehicle charging stations for charging themselves. Few electric vehicles usually have the converters on the board that can plug-in to the regular electric vehicle outlet or even a hi-capacity appliance outlet. Other vehicles make use of a charging station that offers electrical conversion, safety functionality, and monitoring.

These stations offer can support comparatively faster charging at high currents and voltage than the residential electric vehicle charging station. The charging stations offer wide range of special connecters or heavy duty that complies with different types of standards. For some common DC speedy charging and multi-charging integrated with three or two of the CHAdeMO or Combined Charging System (CCS), fast charging has become in fact standard in several regions. Public charging stations are generally the on-street services offered by the electric companies or are located at the restaurants, shopping centers, and the parking places.

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

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For instance, in 2019, Energy Efficiency Service Ltd. (EESL) expanded its EV charging infrastructure across the national capital of India with the collaboration of South Delhi Municipal Corporation. Similarly, in April 2019, ABB launched the world’s first fully electric, autonomous, 12-meter passenger bus in Singapore. Moreover, in 2019, according to TATA ELXSI white paper report, various national bodies of the Netherlands, China, Germany, and France, among others, have funded municipalities to install charging stations in collaboration with utility bodies. 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:

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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