The global electric vehicle charging stations equipment market size is expected to grow from $99.71 billion in 2021 to $140.71 billion in 2022 at a compound annual growth rate (CAGR) of 41.1%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The EV charging stations equipment market is expected to reach $485.92 billion in 2026 at a CAGR of 36.3%.
What is the Global Electric Vehicle Charging Stations Equipment Market?
The electric vehicle charging stations equipment market consist of sales of the equipment required in the setup of electric vehicle charging stations. These electric vehicle charging stations are used to recharge the vehicles by connecting to the electricity source.
Get a Sample of the global electric vehicle charging stations equipment market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=2582&type=smp
What drives the Global Electric Vehicle Charging Stations Equipment Market?
National and international legislatives policies for promoting the electric vehicle (EV) is driving the growth of the electric vehicle charging stations equipment market. The scheme to provide incentives to motivate investors in buying electric vehicles and installing the EV charging stations help in driving the electric vehicle charging stations market. Thus, help in boosting the electric vehicle charging stations equipment market. For example, an attractive scheme was launched by German government to provide a direct discount of $4,520 for EV buyers. Also, public funding for charging stations for every 50 km is provided in Norway. Thus, driving the EV charging stations market, thereby driving the electric vehicle charging stations equipment market.
Get the full global electric vehicle charging stations equipment industry report here
https://www.thebusinessresearchcompany.com/report/electric-vehicle-charging-stations-equipment-global-market-report
Global Electric Vehicle Charging Stations Equipment Market Segments
The global EV charging stations equipment market is segmented:
By Type: AC Charging, DC Charging, Inductive Charging
By Vehicle Type: Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV)
By Charging Type: Level One Charging (120 Volts), Level Two Charging (240 Volts), DC Fast Charging (480 Volts)
By Geography: The regions covered in the electric vehicle charging stations equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Electric Vehicle Charging Stations Equipment Global Market Report 2022provides market size and growth forecasts for the global EV charging stations equipment market, global electric vehicle charging stations equipment market share, EV charging stations equipment market segments and geographies, EV charging stations equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The EV charging stations equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Electric Vehicle Charging Stations Equipment Industry Playersinclude ABB Ltd, Siemens AG, The New Motion BV, Tesla Motors Inc., ClipperCreekInc., DBT SA, Chargemaster Plc, Engie SA, Fortum Oyj, and Leviton Manufacturing Co. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
