Electric Vehicle Charging Station Market by Charging Point Type (Normal Charging, Super Charging and Inductive Charging), Installation Type, Vehicle Type, Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global electric vehicle charging station market size was valued at $6.03 billion in 2020, and is projected to reach $42.38 billion by 2026, growing at a CAGR of 38.4% during the forecast period.

• The electric vehicle charging station market is expected to witness significant growth in the future due to increasing sales of electric vehicles, rising investments from automotive manufacturers, growing environment pollution concern and increasing government policies and subsidies.

• Additionally, increasing vehicle range per charge, and rising demand for electric vehicle fast-charging infrastructure are some of the factors driving the growth of electric vehicle charging station market.

• However, lack of standardization in charging infrastructure and the emergence of hydrogen fuel cell vehicles are restraining the market.

• Moreover, increasing R&D in V2G technology and growing deployment of charging stations by retail MNCs provide significant growth opportunities for market players.

An electric vehicle charging station is a component of infrastructure that supplies electrical energy for charging electric vehicles such as electric cars, plug-in hybrids, and neighbourhood electric vehicles. Electric stations are also known as EVSEs (electric vehicle supply equipment). Electric cars do not have a petrol tank, therefore instead of filling up with gas, they connect into a charging station to recharge. Although all vehicles are connected to the electric grid, not all charging stations are made equal. Some of them may be plugged into a standard wall socket, while others require custom installation. Charging duration varies depending on the charger used. Level 1 charging stations, Level 2 charging stations, and DC Fast Chargers are the three most common types of charging stations for electric vehicles.

By End User, Commercial EV Charging Stations Segment held the Larger Market Share

This can be ascribed to the expanding number of EV charging stations in public locations such as shopping malls, restaurants, commercial buildings, parking lots, railway stations, and airports, as well as government initiatives to establish publicly accessible charging stations, is responsible for this segment's substantial share.

By Geography, Asia Pacific to lead the Market

Asia Pacific dominates by being the largest market for electric vehicle charging station. This is due to the rising demand for affordable electric vehicles for everyday usage, and governments that promote electric vehicles are projected to boost the Asia Pacific market throughout the forecast period. Japan and Korea, for example, have announced plans to significantly increase the number of electric car charging stations in their respective countries over the next several years. Furthermore, as part of its first phase of EV infrastructure development, the Indian government has declared plans to install 69,000 EV charging stations around the nation, with a demand for 4 lakh charging stations predicted by 2026.

Some of the key players profiled in the Report:
• Tesla Inc.
• EVbox Group
• BYD AUTO
• Royal Dutch Shell Plc
• Eaton
• Siemens AG
• Webasto Group
• ChargePoint Inc.
• Schneider Electric
• BP Chargemaster
• EVgo Services Llc.
• EV Connect, Inc.
• Hangzhou Aoneng Power Supply Equipment Co., Ltd.
• ABB
• Blink Charging

 What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Charging Point Type    
• Normal Charging
• Super Charging
• Inductive Charging

Market by, Installation Type
• Portable Charger
• Fixed Charger

Market by, Vehicle Type  
• Passenger Car
• Heavy Commercial Vehicles
• Light Commercial Vehicles
    
Market by, Application    
• Commercial EV Charging Stations
• Residential EV Charging Stations    

 Market by, Geography    
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview          
    1.1 Introduction      
    1.2 Research Objectives     
    1.3 Market Segmentation     
    1.4 Stakeholders      
    1.5 List of Acronyms      
            
2 Executive Summary          
            
3 Research Methodology         
    3.1 Identification of Data     
    3.2 Evaluation of Market Dynamics    
    3.3 Collaboration of Data     
    3.4 Verification and Analysis     
    3.5 Data Sources       
    3.6 Assumptions      
            
4 Market Dynamics          
    4.1 Market Drivers      
           4.1.1 Increasing sales of electric vehicles
           4.1.2 Rising investments from automotive manufacturers
           4.1.3 Growing environment pollution concern
           4.1.4 Increasing government policies and subsidies
    4.2 Market Restraints      
           4.2.1 Lack of standardization in charging infrastructure
           4.2.2 Emergence of hydrogen fuel cell vehicles
    4.3 Market Opportunities     
           4.3.1 Increasing R&D in V2G technology
    4.4 Market Challenges      
           4.4.1 High initial cost
    4.5 Impact of COVID-19 on Electric Vehicle Charging Station Market 
            
5 Porter's Five Force Analysis         
    5.1 Bargaining Power of Suppliers     
    5.2 Bargaining Power of Buyers     
    5.3 Threat of New Entrants     
    5.4 Threat of Substitutes     
    5.5 Competitive Rivalry in the Market    
            
6 Global Electric Vehicle Charging Station Market by, Charging Point Type     
    6.1 Overview      
    6.2 Normal Charging      
    6.3 Super Charging      
    6.4 Inductive Charging      
            
7 Global Electric Vehicle Charging Station Market by, Installation Type     
    7.1 Overview      
    7.2 Portable Charger      
    7.3 Fixed Charger      
            
8 Global Electric Vehicle Charging Station Market by, Vehicle Type     
    8.1 Overview      
    8.2 Passenger Car      
    8.3 Heavy Commercial Vehicles     
    8.3 Light Commercial Vehicles     
            
9 Global Electric Vehicle Charging Station Market by, Application     
    9.1 Overview      
    9.2 Commercial EV Charging Stations    
    9.3 Residential EV Charging Stations    
            
10 Global Electric Vehicle Charging Station Market by, Geography     
    10.1 Overview      
    10.2 North America      
    10.3 Europe       
    10.4 Asia Pacific      
    10.5 South America      
    10.6 Middle East & Africa     
            
11 Key Developments          
            
12 Company Profiling          
    12.1 Tesla Inc.       
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 EVbox Group      
    12.3 BYD AUTO      
    12.4 Royal Dutch Shell Plc     
    12.5 Eaton       
    12.6 Siemens AG      
    12.7 Webasto Group      
    12.8 ChargePoint Inc.      
    12.9 Schneider Electric      
    12.10 BP Chargemaster      
    12.11 EVgo Services Llc.      
    12.12 EV Connect, Inc.      
    12.13 Hangzhou Aoneng Power Supply Equipment Co., Ltd.  
    12.14 ABB       
    12.15 Blink Charging