Global Electric Vehicle Charger Operations and Maintenance Services Market Size study & Forecast, by Charger Type (Level 1, Level 2, Level 3) by Installation (Public, Private), by Application (Commercial, Residential), by End Use (Logistics, Retail, Universities, Commercial, Transport, Real Estate, Others) and Regional Analysis, 2023-2030
Global Electric Vehicle Charger Operations and Maintenance Services Market is valued approximately USD 276.0 million in 2022 and is anticipated to grow with a healthy growth rate of more than 26.62% over the forecast period 2023-2030. Electric Vehicle (EV) Charger Operations and Maintenance Services is an activity involved in managing and maintaining the infrastructure that supports the charging of electric vehicles. This includes the operation of charging stations, monitoring their performance, and ensuring they are well-maintained to provide reliable and efficient charging services. The key factors driving the market growth is growing demand for smart charging solutions, favorable government initiatives, advancement in charging technology that anticipated to create the lucrative demand for the market during forecast period 2023-2030.
Moreover, advancements in charging technology play a crucial role in supporting the growth of the Electric Vehicle (EV) Charger Operations and Maintenance Services Market. These advancements are making EVs more convenient and practical to use, and they are helping to accelerate the adoption of EVs Solutions worldwide. For instance, • In 2020, Hitachi Energy introduces Grid-eMotion® Fleet, an innovative grid-to-plug electric vehicle (EV) charging system designed to revolutionize the approach for public transport and commercial operators. This intelligent mobility solution empowers operators to seamlessly expand their operations, with the anticipated impact of fostering a sustainable society for millions residing in urban areas. Additionally, development of new service offerings, and surge in demand for charging infrastructure in commercial locations is anticipated to create the lucrative opportunity for the market. However, the high costs of setting up and maintaining ev infrastructure, and lack of standardization of ev charging stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Electric Vehicle Charger Operations and Maintenance Services Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the cohesive government initiatives, rising adoption of EVs, and growing investment in EVs infrastructure development. Also, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing adoption of EVs, rising investment by key market players, and growing technological advancement.
Major market player included in this report are:ChargePoint, Inc.
ABB Group
Chargemaster Limited
EVA Global
SEAM Group
Chargerhelp! Inc.
Siemens
eFaraday
Pearce Renewables
Vital EV Solutions
Recent Developments in the Market:In May 2023, Heliox has initiated a new collaboration with EVA Global as its primary service partner. EVA Global is delivering global customer service and first-line support, brings its expertise to the partnership. With their specialized team of eMobility professionals, Heliox aims to enhance its capability to provide localized language support to its customer base. This strategic agreement not only facilitates the expansion of operations but also supports Heliox in scaling up its presence across Europe and other regions.
In October 2023, ChargePoint, a prominent company specializing in electric vehicle charging networks, has garnered a significant investment from institutional backers, spearheaded by the lead investor in ChargePoint's USD 300 million convertible note offering.
Global Electric Vehicle Charger Operations and Maintenance Services Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Charger Type, Installation, Application, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Charger Type:
Level 1
Level 2
Level 3
By Installation:
Public
Private
By Application:
Commercial
Residential
By End Use:
Logistics
Retail
Universities
Commercial
Transport
Real Estate
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa