North America Charging as a Service Market Size Status and Forecast 2022-2028
Market Analysis and Insights: North America Market
Due to the COVID-19 pandemic, the North America Charging as a Service market size is estimated to be worth US$ 371 million in 2021 and is forecast to a readjusted size of US$ 1206 million by 2028 with a CAGR of 18.1% during the review period. Fully considering the economic change by this health crisis, DC Charging accounting for 70.8% of the Charging as a Service North America market in 2021, is projected to value US$ 899 million by 2028, growing at a revised 18.7% CAGR in the post-COVID-19 period. While Public segment is altered to an 17.7 % CAGR throughout this forecast period.
In North America, the key players of Charging as a Service include ABB, ChargePoint, Bosch EV Solutions, Shell Recharge Solutions, Engie (EVBox), Evgo, Enel X, Electrify America, FLO Charging Station (AddEnergie), NovaCharge, etc. In 2021, the North America top ten players have a share approximately 85% in terms of revenue.
Charging as a Service (CaaS) is a subscription-based EV charging package that provides turnkey EV charging solutions with minimal upfront purchasing costs. It exists to better serve the electric vehicle market. Growing Production 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 wide scale adoption of electric vehicles is directly impacting the Caas market growth.
North America Scope and Market Size
Charging as a Service market is segmented by players, region (country), by Type, and by Application. Players, stakeholders, and other participants in the North America market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2017-2028.
By Company
ABB
ChargePoint
Bosch EV Solutions
Shell Recharge Solutions
Engie (EVBox)
Evgo
Enel X
Electrify America
FLO Charging Station (AddEnergie)
NovaCharge
BTCPower
EV Connect
Alphastruxure
eIQ Mobility (NextEra Energy)
SemaConnect (Blink Charging)
Electrada
EV Solutions (Webasto)
General Motors
Segment by Type
DC Charging
AC Charging
Segment by Application
Residential Charging
Public Charging
Segment by Country/Region
U.S.
Canada
Mexico
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