Electric Vehicle Supply Equipment Market
Electric Vehicle Supply Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Power Type AC Power, DC Power
- By Product Portable Charger, EV Charging Kiosk, Onboard Charging Station, Others
- By Charging Station Type Normal Charging, Super Charging, Inductive Charging
- By Application Commercial, Residential
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2544.21 Million |
Revenue 2030: | USD 15067.94 Million |
Revenue CAGR (2023 - 2030): | 24.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Electric Vehicle Supply Equipment Market by Power Type by Product by Charging Station Type by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The primary research was conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information on global market size, regional and segmental trends, competitive landscape expertise development, and market understandings among others.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Electric Vehicle Supply Equipment market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global Electric Vehicle Supply Equipment market.
FAQ
Frequently Asked Question
What is the global demand for Electric Vehicle Supply Equipment in terms of revenue?
-
The global Electric Vehicle Supply Equipment valued at USD 2544.21 Million in 2022 and is expected to reach USD 15067.94 Million in 2030 growing at a CAGR of 24.90%.
Which are the prominent players in the market?
-
The prominent players in the market are AeroVironment Inc., ABB Ltd., ChargePoint Inc., ClipperCreek Inc., Chargemaster PLC, Eaton Corporation, Leviton Manufacturing Company, Inc., Siemens..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 24.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Vehicle Supply Equipment include
- Government initiatives for development of electric vehicle charging infrastructure
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Vehicle Supply Equipment in 2022.