Global Electric Vehicle Supply Equipment Market Growth 2023-2029

Global Electric Vehicle Supply Equipment Market Growth 2023-2029

An electric vehicle charging station, also called EV charging station, electric recharging point, charging point, charge point, ECS (electronic charging station), and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of plug-in electric vehicles—including electric cars, neighborhood electric vehicles and plug-in hybrids.
For charging at home or work, some EVs have onboard converters that can plug into a standard electrical outlet or a high-capacity appliance outlet. Others either require or can use a charging station that provides electrical conversion, monitoring, or safety functionality. These stations are also needed when traveling, and many support faster charging at higher voltages and currents than are available from residential EVSEs. Public charging stations are typically on-street facilities provided by electric utility companies or located at retail shopping centers, restaurants and parking places, operated by a range of private companies.
LPI (LP Information)' newest research report, the “Electric Vehicle Supply Equipment Industry Forecast” looks at past sales and reviews total world Electric Vehicle Supply Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Supply Equipment sales for 2023 through 2029. With Electric Vehicle Supply Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Supply Equipment industry.
This Insight Report provides a comprehensive analysis of the global Electric Vehicle Supply Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Supply Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Vehicle Supply Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Supply Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Supply Equipment.
The global Electric Vehicle Supply Equipment market size is projected to grow from US$ 2731.7 million in 2022 to US$ 17120 million in 2029; it is expected to grow at a CAGR of 17120 from 2023 to 2029.
Growing sales of electric vehicles is the major factor driving electric vehicle charger market growth. Governments worldwide are pushing for adoption of electric vehicles and implementing indicatives aimed at generating awareness and offering incentives for electric vehicles to cut down automotive emissions.The global electric vehicle supply equipment market developed rapidly in the past five years, now United States, China and Western Europe are dominated the electric vehicle supply equipment market, especially in China, now has been the largest market of electric vehicle and electric vehicle supply equipment.In China, the market concentration is low, and fierce competition, the typical manufacturers are BYD, NARI, Xuji Group, Shinry, Tccharger, Auto Electric Power Plant, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Supply Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
AC Charging
DC Charging
Segmentation by application
Residential Charging
Public Charging
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BYD
Shinry
Tccharger
Panasonic
Webasto
Toyota Industries
Nichicon
Leviton
IES Synergy
Auto Electric Power Plant
Pod Point
Clipper Creek
Xuji Group
Eaton
Schneider Electric
Siemens
DBT-CEV
ABB
Efacec
NARI

Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Vehicle Supply Equipment market?
What factors are driving Electric Vehicle Supply Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Vehicle Supply Equipment market opportunities vary by end market size?
How does Electric Vehicle Supply Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.