Stationary Electric Vehicle Charging Gun Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Stationary Electric Vehicle Charging Gun Market
The stationary electric vehicle charging gun market size was valued at USD 325.2 million in 2022, and the market is now projected to grow from USD 425.3 million in 2023 to USD 3,142.7 million by 2030, exhibiting a CAGR of 33.1% during the forecast period of 2023-2030.
The COVID-19 pandemic created significant opportunities on the stationary electric vehicle charging gun market growth as curbing coronavirus outbreak was prioritized. The usual decline in financial hobbies and reduced patron spending for the duration of the pandemic led to a gradual increase in EV sales. As a result, the demand for stationary electric-powered automobile charging guns additionally experienced a transient setback.
The stationary electric vehicle charging gun market share globally has been contributed due to the increasing adoption and demand for electric vehicles. The key issue that drives the desk-certain EV charging gun market is the increasing adoption and demand for electric vehicles internationally. As more human beings switch to electric-powered vehicles to lessen their carbon footprint and mitigate the outcomes of climate change, the need for handy and green charging infrastructure grows.
Furthermore, there’s been an excellent fashion of adoption of the rapid charging era. One of the essential ongoing traits of the EV charging gun market is the increasing adoption of fast charging. Fast charging enables EV proprietors to charge their automobiles with considerably higher electricity, decreasing charging time and enhancing convenience.
Comprehensive Analysis of Stationary Electric Vehicle Charging Gun Market
The stationary electric vehicle charging gun market and automotives industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives industry. These segmentations are methodically segregated by types and application. The types include, DC Charging Gun and AC Charging Gun. However, the applications are such as Passenger Cars and Commercial Vehicles.
The Asia Pacific region is conducive to the global stationary electric vehicle charging gun market, leading to a recall of USD 193.3 million owing to availability of raw materials. The availability of raw substances at a low cost and the mass manufacturing of charging guns are driving the growth of the Asia-Pacific market. Manufacturers inside the place are cognizant of growing technologically advanced charging guns to draw extra customers and gain an edge over their competition.
The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These players include, Zhejiang Yonggui Electric Equipment Co., Ltd. (China), AVIC Jonhon Optronic Technology (China), Shenzhen Woer Heat - Shrinkable Material Co., Ltd (China), Suzhou Recodeal Interconnect System (China), Shenglan Technology (China), Ebusbar (China), Nanjing Kangni Mechanical & Electrical Co Ltd (China), Phoenix Contact (Germany), Shenzhen Lilutong Electronic Technology Co., Ltd. (China), Fisher Electronic Technology Co., Ltd. (China), Weihai Honglin Electronic Co., Ltd (China), AG Electrical Technology Co., Ltd. (China), Nanjing Kedsen Technology Co., Ltd. (China), Sinbon Electronics Co Ltd (Taiwan), Ningbo Juyi New Energy Technology Co., LTD (China), and Hyperion Chargers Pvt. Ltd (India) these market players provide a level-playing competitive landscape.
In July 2023, EVgo introduced its plans to increase its deployment of North American Charging Standard (NACS) EV charging connectors for immediate chargers throughout the U.S.
Segmentation Table
Attribute Details
Study Period 2018-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2018-2021
Growth Rate CAGR of 33.1% from 2023 to 2030
Unit Value (USD Million)
Segmentation By Type
DC Charging Gun
AC Charging Gun
By Application
Commercial Vehicles
Passenger Cars
By Geography
North America (By Type, By Application, By Country)
- U.S.
- Canada
- Mexico
- Brazil
- Rest of Americas
Europe (By Type, By Application, By Country)
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
Asia Pacific (By Type, By Application, By Country)
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Taiwan
- Rest of Asia Pacific
Middle East & Africa (By Type, By Application, By Country)
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
- Rest of MEA
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 4. Key Insights
- 4.1. Key Industry Developments - Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest Technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. Quantitative Insights - Impact of COVID-19 Pandemic on Global Ship Rudder Market
- 5. Global Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Key Findings / Definition
- 5.2. Market Analysis, Insights and Forecast - By Rudder Type
- 5.2.1. Balanced Rudder
- 5.2.2. Unbalanced Ship Rudder
- 5.2.3. Semi-Balanced Ship Rudder
- 5.3. Market Analysis, Insights and Forecast - By Point of Sale
- 5.3.1. OEM
- 5.3.2. Aftermarket
- 5.4. Market Analysis, Insights and Forecast - By End User
- 5.4.1. Naval
- 5.4.2. Commerical
- 5.4.3. Coast Guard
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast - By Ship Type
- 5.5.1. Container Ships
- 5.5.2. Passenger Ships
- 5.5.3. Bulk Carriers
- 5.5.4. Tanker Ships
- 5.5.5. Fishing Vessel
- 5.5.6. Naval Ships
- 5.5.7. General Cargo Ship
- 5.5.8. Other
- 5.6. Market Analysis, Insights and Forecast - By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America
- 5.6.5. Middle East & Africa
- 6. North America Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Market Analysis, Insights and Forecast - By Rudder Type
- 6.1.1. Balanced Rudder
- 6.1.2. Unbalanced Ship Rudder
- 6.1.3. Semi-Balanced Ship Rudder
- 6.2. Market Analysis, Insights and Forecast - By Point of Sale
- 6.2.1. OEM
- 6.2.2. Aftermarket
- 6.3. Market Analysis, Insights and Forecast - By End User
- 6.3.1. Naval
- 6.3.2. Commerical
- 6.3.3. Coast Guard
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast - By Ship Type
- 6.4.1. Container Ships
- 6.4.2. Passenger Ships
- 6.4.3. Bulk Carriers
- 6.4.4. Tanker Ships
- 6.4.5. Fishing Vessel
- 6.4.6. Naval Ships
- 6.4.7. General Cargo Ship
- 6.4.8. Other
- 6.5. Market Analysis, Insights and Forecast - By Country
- 6.5.1. U.S. (By Ship Type)
- 6.5.2. Canada (By Ship Type)
- 7. Europe Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Market Analysis, Insights and Forecast - By Rudder Type
- 7.1.1. Balanced Rudder
- 7.1.2. Unbalanced Ship Rudder
- 7.1.3. Semi-Balanced Ship Rudder
- 7.2. Market Analysis, Insights and Forecast - By Point of Sale
- 7.2.1. OEM
- 7.2.2. Aftermarket
- 7.3. Market Analysis, Insights and Forecast - By End User
- 7.3.1. Naval
- 7.3.2. Commerical
- 7.3.3. Coast Guard
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast - By Ship Type
- 7.4.1. Container Ships
- 7.4.2. Passenger Ships
- 7.4.3. Bulk Carriers
- 7.4.4. Tanker Ships
- 7.4.5. Fishing Vessel
- 7.4.6. Naval Ships
- 7.4.7. General Cargo Ship
- 7.4.8. Other
- 7.5. Market Analysis, Insights and Forecast - By Country
- 7.5.1. U.K. (By Ship Type)
- 7.5.2. Germany (By Ship Type)
- 7.5.3. France (By Ship Type)
- 7.5.4. Russia (By Ship Type)
- 7.5.5. Rest of Europe (By Ship Type)
- 8. Asia Pacific Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Market Analysis, Insights and Forecast - By Rudder Type
- 8.1.1. Balanced Rudder
- 8.1.2. Unbalanced Ship Rudder
- 8.1.3. Semi-Balanced Ship Rudder
- 8.2. Market Analysis, Insights and Forecast - By Point of Sale
- 8.2.1. OEM
- 8.2.2. Aftermarket
- 8.3. Market Analysis, Insights and Forecast - By End User
- 8.3.1. Naval
- 8.3.2. Commerical
- 8.3.3. Coast Guard
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast - By Ship Type
- 8.4.1. Container Ships
- 8.4.2. Passenger Ships
- 8.4.3. Bulk Carriers
- 8.4.4. Tanker Ships
- 8.4.5. Fishing Vessel
- 8.4.6. Naval Ships
- 8.4.7. General Cargo Ship
- 8.4.8. Other
- 8.5. Market Analysis, Insights and Forecast - By Country
- 8.5.1. China (By Ship Type)
- 8.5.2. India (By Ship Type)
- 8.5.3. Japan (By Ship Type)
- 8.5.4. South Korea (By Ship Type)
- 8.5.5. Rest of Asia Pacific (By Ship Type)
- 9. Latin America Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Market Analysis, Insights and Forecast - By Rudder Type
- 9.1.1. Balanced Rudder
- 9.1.2. Unbalanced Ship Rudder
- 9.1.3. Semi-Balanced Ship Rudder
- 9.2. Market Analysis, Insights and Forecast - By Point of Sale
- 9.2.1. OEM
- 9.2.2. Aftermarket
- 9.3. Market Analysis, Insights and Forecast - By End User
- 9.3.1. Naval
- 9.3.2. Commerical
- 9.3.3. Coast Guard
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast - By Ship Type
- 9.4.1. Container Ships
- 9.4.2. Passenger Ships
- 9.4.3. Bulk Carriers
- 9.4.4. Tanker Ships
- 9.4.5. Fishing Vessel
- 9.4.6. Naval Ships
- 9.4.7. General Cargo Ship
- 9.4.8. Other
- 9.5. Market Analysis, Insights and Forecast - By Country
- 9.5.1.
- 9.5.1.1. 9.1.1. Brazil (By Ship Type)
- 9.5.1.2. 9.1.2. Colombia (By Ship Type)
- 9.5.1.3. 9.1.3. Rest of Latin America (By Ship Type)
- 10. Middle East & Africa Ship Rudder Market Analysis, Insights and Forecast, 2019-2030
- 10.1. Market Analysis, Insights and Forecast - By Rudder Type
- 10.1.1. Balanced Rudder
- 10.1.2. Unbalanced Ship Rudder
- 10.1.3. Semi-Balanced Ship Rudder
- 10.2. Market Analysis, Insights and Forecast - By Point of Sale
- 10.2.1. OEM
- 10.2.2. Aftermarket
- 10.3. Market Analysis, Insights and Forecast - By End User
- 10.3.1. Naval
- 10.3.2. Commerical
- 10.3.3. Coast Guard
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast - By Ship Type
- 10.4.1. Container Ships
- 10.4.2. Passenger Ships
- 10.4.3. Bulk Carriers
- 10.4.4. Tanker Ships
- 10.4.5. Fishing Vessel
- 10.4.6. Naval Ships
- 10.4.7. General Cargo Ship
- 10.4.8. Other
- 10.5. Market Analysis, Insights and Forecast - By Country
- 10.5.1. UAE (By Ship Type)
- 10.5.2. Saudi Arabia (By Ship Type)
- 10.5.3. Africa (By Ship Type)
- 10.5.4. Rest of Middle East & Africa (By Ship Type)
- 11. Competitive Analysis
- 11.1. Global Market Rank Analysis (2022)
- 11.2. Competitive Dashboard
- 12. Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability)
- 12.1. Damen Marine Components (Netherlands)
- 12.1.1. Overview,
- 12.1.2. Products & Services,
- 12.1.3. SWOT Analysis,
- 12.1.4. Recent Developments,
- 12.1.5. Strategies,
- 12.1.6. Financials (Based on Availability)
- 12.2. Becker Marine Systems GmbH (Germany)
- 12.2.1. Overview,
- 12.2.2. Products & Services,
- 12.2.3. SWOT Analysis,
- 12.2.4. Recent Developments,
- 12.2.5. Strategies,
- 12.2.6. Financials (Based on Availability)
- 12.3. Nufoss Services Pte Ltd. (Singapore)
- 12.3.1. Overview,
- 12.3.2. Products & Services,
- 12.3.3. SWOT Analysis,
- 12.3.4. Recent Developments,
- 12.3.5. Strategies,
- 12.3.6. Financials (Based on Availability)
- 12.4. Torqeedo GmbH (Germany)
- 12.4.1. Overview,
- 12.4.2. Products & Services,
- 12.4.3. SWOT Analysis,
- 12.4.4. Recent Developments,
- 12.4.5. Strategies,
- 12.4.6. Financials (Based on Availability)
- 12.5. Voith Hydro Inc. (Germany)
- 12.5.1. Overview,
- 12.5.2. Products & Services,
- 12.5.3. SWOT Analysis,
- 12.5.4. Recent Developments,
- 12.5.5. Strategies,
- 12.5.6. Financials (Based on Availability)
- 12.6. Sunique Marine Machinery Co.Ltd (Malaysia)
- 12.6.1. Overview,
- 12.6.2. Products & Services,
- 12.6.3. SWOT Analysis,
- 12.6.4. Recent Developments,
- 12.6.5. Strategies,
- 12.6.6. Financials (Based on Availability)
- 12.7. Deyuan Marine (China)
- 12.7.1. Overview,
- 12.7.2. Products & Services,
- 12.7.3. SWOT Analysis,
- 12.7.4. Recent Developments,
- 12.7.5. Strategies,
- 12.7.6. Financials (Based on Availability)
- 12.8. Zhongyuan (China)
- 12.8.1. Overview,
- 12.8.2. Products & Services,
- 12.8.3. SWOT Analysis,
- 12.8.4. Recent Developments,
- 12.8.5. Strategies,
- 12.8.6. Financials (Based on Availability)
- 12.9. Wärtsilä (Finland)
- 12.9.1. Overview,
- 12.9.2. Products & Services,
- 12.9.3. SWOT Analysis,
- 12.9.4. Recent Developments,
- 12.9.5. Strategies,
- 12.9.6. Financials (Based on Availability)
- 12.10. JAPAN HAMWORTHY CO. LTD. (Japan)
- 12.10.1. Overview,
- 12.10.2. Products & Services,
- 12.10.3. SWOT Analysis,
- 12.10.4. Recent Developments,
- 12.10.5. Strategies,
- 12.10.6. Financials (Based on Availability)
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