Global Electric Vehicles Charging Station Market Is Predicted To Grow At A CAGR Of More Than 38.5% By 2030

Pune, India, November 2, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global electric vehicles charging station market. The electric vehicles charging station market is expected to grow at ~ 38.5% CAGR during the period 2023 to 2030.

Market Highlights:

The global electric vehicle market is a very dynamic and is expected to witness significant growth over the forecast period.  As a result, the demand for its charging stations have also been fueled. During the last few years, the global electric vehicle charging stations market has seen remarkable growth due to the rise in the sales of electric vehicles. It has also been observed that the market demand will grow rapidly during the forecast period. This market is expected to grow at the CAGR of over 38.5% during forecast period.

The global electric vehicle charging station market has been largely influenced by the growth in the number of electric cars and trucks, and government initiatives on reducing vehicles emissions. Focus on renewable forms of energy, and government regulations on tax exemptions on electric vehicles also lead to the growth of the market. In spite of the growth factors, the global market could face the challenges such as high installation cost, non-availability of public charging stations and slow charging time.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Electric Vehicle Charging Station Market Trends

Market Drivers

Market Research Analysis:

Geographically, Asia Pacific is the leading market for electric vehicle charging stations and has consumed the market share of more than 50% in 2016. Presence of China, Japan and South Korea is one of the major factors driving the electric vehicles market, which will increase the demand for charging stations. China is the largest market for electric cars and electric two wheelers. Since 2015, sales have been grown massively in China. However, it has created an ample scope for the manufacturers to cover the region. Moreover, the automakers such as Tesla, Tata Motors, Hyundai and others have decided to commence electric car production in India as well. This is a profitable decision as the government has been taking various steps to invest more into these countries.

Scope of the Report:

This study provides an overview of the global electric vehicles charging station market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electric vehicles charging station market by charging type, by connector, by application and by regions.

By Charging Type

• AC Charging


• DC Charging

By Connector

• CHAdeMO


• Combined Charging System


• Others

By Application

• Commercial


• Residentia

By Regions

• North America 


• Asia Pacific 


• Europe


• Rest of the World  

Key Players:

The prominent players in the electric vehicle charging station market include Bosch Automotive Service Solutions (Germany), Bolloré Group (France), Chargemaster (UK), Delphi Automotive (UK), ABB Ltd (Switzerland), General Electric Company (US), Tesla Motors Inc (US), Siemens AG (Germany), Eaton Corporation (Ireland), Schneider Electric (France ) and among others.