Title: Electric Vehicle (EV) Charging Station Market Analysis & Industry Forecast 2016-2024
1Electric Vehicle Charging Station Market Outlook
Global Electric Vehicle Charging Station Market
Outlook 2024 Global Opportunity Growth
Analysis, 2016-2024
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2Global Electric Vehicle Charging Station Market
Outlook
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Global Electric Vehicle Charging Station Market
Share(), By Charging Station Type-2016
Global Electric Vehicle Charging Station Market
Size USD (Billion). 2016-2024
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In 2016, AC Charging Stations segment accounted
for the highest market share XX in Global
Electric Vehicle Charging Station Market
With XX share in 2016, Asia Pacific region
dominated the Global Electric Vehicle Charging
Station Market
Global Electric Vehicle Charging Station Market
Share (), By Charging Station Location-2016
Global Electric Vehicle Charging Station Market
Share(), By Charging Connectors Type-2016
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3Global Electric Vehicle(EV ) Charging Station
Market Outlook
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- The global electric vehicle charging station
matrket is registering an impressive growth of
XX in 2016 and all the four regions Americas,
Asia-Pacific, Europe, Middle East and Africa
demonstrating positive growth prospects. Asia
Pacific stood as the largest electric vehicle
charging station market in 2016 with a global
share of XX in 2016. Valued at approximately USD
XX billion, the Electric Vehicle Charging Station
Market has shown a mixed financial performance
over the past 30 years.. - As of 2016, there were XX number of plug-in
passenger cars globally, a small but quickly
growing fraction of the overall fleet. Most EV
owners are able to charge their vehicles at home
during overnight hours, but charging
opportunities away from home are needed to allow
longer trips and increase the confidence of
potential car buyers considering EV purchases. - Businesses should consider providing charging
suitable for both employees and customers.
Current research indicates the presence of
charging stations at a commercial business will
bring in new customers and drive repeat traffic. - DC charging stations market is growing at a CAGR
of XX. DC fast-charge stations generally support
both standards, i.e. North America Japanese
standards. All carmakers adhere to one of these
standards, except Tesla, which has developed a
higher-performance charging station, but offers a
CHAdeMO adapter as an option. - Particular attention needs to be focused on the
development of the EV recharging infrastructure
for the urban and multifamily environments. EVs
are ideally suited to the travel requirements of
these areas, and the largest positive impacts to
the environment and U.S. energy independence will
be realized in urban population areas. - There is no universal benchmark for the number of
electric vehicles per public charge point. This
ratio ranges from 3 to 6 in major markets in
China, and these cities typically had the highest
percentages of rapid charging.
Urbanization
Environmental Concerns
Sample
Infrastructure Development
Government Regulations
Global EV Charging Market Size (USD Billion)
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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4Global Electric Vehicle Charging Station Market
Size (USD Billion)-2016-2024
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- Global Electric Vehicle Charging Station Market
is anticipated to expand at a compound annual
growth rate of XX during the forecast period
i.e. 2016-2024. The market is anticipated to
reach USD XX Billion by the end of 2024. The
goals to reduce greenhouse gas emissions from the
transportation sector and increase the energy
efficiency of motor vehicle fleet is driving the
rise in adoption of electric vehicles and thus
the deployment of charging stations. - With increased electric vehicles production
volumes and battery cost reductions over the next
10 years, electric vehicles are projected to
approach cost-competitiveness with conventional
vehicles. In just the past 6 years, electric
vehicles have gone from a fringe technology with
no mass production to a fast-growing part of the
vehicle market. In early 2017, the XX electric
vehicle was sold, and electric vehicles have
surpassed XX of new vehicle sales in multiple
local markets. - As a result, the development of a robust charging
infrastructure network is widely considered a key
requirement for a large-scale transition to
electromobility. Such infrastructure would not
only provide more charging options for drivers,
but would also promote awareness and range
confidence for prospective electric vehicle
owners.
5Global Electric Vehicles Charging Station Market
Outlook 2016-2024
Global Electric Vehicles Ranking (Sales)- On the
Basis of Country, 2015
Regional Electric Vehicles- New Registrations
(thousands of units), 2015-2016
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Longest Acceptable Time to Fully Recharge EV
Battery
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6- Mandates and Regulations
- Targets are important in the policy-making
process because they help move the focus of the
discussion to policy implementation and capacity
building, moving beyond the debate on the
opportunity to regulate. In the transport sector,
the Global Fuel Economy Initiative, which helped
ensure that fuel economy regulations cover 80 of
the global vehicle market, is an example of how
this change in focus resulted in measurable
progress towards the achievement of policy goals. - ZEV mandates are regulatory requirements
(possibly embedding a system of tradable credits)
for automakers to sell a set portion of ultra-low
or zero-emission vehicles. They aim to promote
RDD efforts for marketing ultra-low and
zero-emission vehicles. ZEV mandates were
pioneered in California (CARB, 2017), are
enforced in several states in the United States
(UCS, 2016) in the province of Quebec, Canada,
and are now being considered in China (Lambert,
2016c).
Global Electric Vehicles Production (Units),
2013-2017
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Impact on Global Electric Vehicle Charging
Station Market
Global Average Incentive on Purchase of Electric
Car, 2016
Rate of Development of Smart Cities, 2013-2017
7Countries With High EV Sales Number of EV
Charging Stations, 2016
- Lack of Charging Infrastructure
- Not a lot of places you go to on a daily basis
will have electric fuelling stations for your
vehicle, meaning that if youre on a long trip
and run out of a charge, you may be stuck where
you are - Electric cars are limited by range and speed.
Most of these cars have range about XX-XX miles
and need to be recharged again. You just cant
use them for long journeys as of now, although it
is expected to improve in future - While it takes couple of minutes to fuel your
gasoline powered car, an electric car take about
4-6 hours to get fully charged. Therefore, you
need dedicated power stations as the time taken
to recharge them is quite long - Traffic studies show clearly the results can be
devastating for the low speed vehicle when a
collision occurs with a normal small family
vehicle. Crash damage resistance does not exist
for low speed vehicles
Country EV Sales Charging Stations
China XXXX XXXX
Norway XXXX XXXX
Netherlands XXXX XXXX
Switzerland XXXX XXXX
UK XXXX XXXX
US XXXX XXXX
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Impact on Global Electric Vehicle Charging
Station Market
Average Cost of Per Unit Electricity, 2015-2016
Average Cost to EV Owners, 2016
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How to prepare EVs and their supporting charging
stations?
- Rising oil prices across the globe and stringent
environmental regulation has paved the smooth way
for the growth of low speed vehicles around the
world. The rise in electric vehicles penetration
is expected to open opportunities for
installation of EV charging stations in the
regions. Thus following are the opportunities to
increase the production sales of EV - As of year-end 2016, there were XXXX golf
facilities in 208 of the worlds 245 countries.
Around XX golf courses are in planning and XX
under construction around the world which is
providing a huge growth opportunity for the
electric vehicles manufacturers. - Many governments across different geographies
are providing financial incentives to electric
vehicle customers and users which is playing
vital role in reducing the purchase cost and
total cost of ownership (TCO) gap between
electric and conventional cars, and helping the
market to push its market size. They are relevant
for private customers, company cars and fleets,
both in the public and private sectors - Partnerships and alliance between public
authorities willing to mobilize the deployment of
clean vehicle fleets can help to minimize the
costs of public procurement and also provide the
growth opportunity for the EV market players . - Continuous advancement in battery technology to
reduce the cost of overall vehicle and to
increase the driving range has drastically
benefitted the EV vehicles market and led to
higher adoption in last few years which is likely
to grow in coming years.
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China Commercial Electric Vehicle Charging
Stations (Units), 2015-2017
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North America Electric Vehicle Charging Station
Market Size (USD Billion)-2016-2024
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North America Electric Vehicle Charging Station
Market Share (), By Country-2016-2024
North America Electric Vehicle Charging Station
Market Size (USD Billions), By Country-2016-2024
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10North America Electric Vehicle Charging Station
Rate of Deployment (), 2016-2024
North America Number of Electric Vehicle Charging
Station (Units), 2016-2024
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North America Sales of Electric Vehicles (Units),
2016-2024
- North America Electric Vehicle Charging Station
Market is valued at USD XX billion and is
expected to grow at a CAGR of XX over the
forecast period. - State and federal incentives have been major
components of electric vehicle promotion
activities in the United States. At the federal
level, plug-in electric vehicles are eligible to
receive up to USD XX in income tax credits for
the purchase or lease of electric vehicles. - Our analysis finds that the availability of
public charge points and workplace charging is
linked with electric vehicle market uptake. The
leading electric vehicle markets have at least
275 public charge points per million people by
contrast, half of the U.S. population lives in a
market where public charging availability is less
than one-third of that rate.
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11Siemens AG (Company Overview Business Strategy)
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Founded 1847
Website www.Siemens.com
Employees 351,000
Headquarters Germany
Company Overview
Business Segments
Healthineers
Energy
Building Technologies
Drive Technologies
Industrial Automation
Mobility
- Siemens AG is incorporated in Germany, with
corporate headquarters situated in Munich.,
Germany. - The Company operates through three geographic
segments Americas Europe, the Middle East and
Africa (EMEA), and Asia Pacific, Japan and China
(APJC). - Cisco Systems Inc. is traded on ETR stock
exchange, Europe - Siemens AG is a Germany-based technology company
with activities in the fields of electrification,
automation and digitalization. It is also a
supplier of systems for power generation and
transmission, as well as medical diagnosis. - Siemens AG, is one of the worlds largest
suppliers of technology to the healthcare
industry and a leader in medical imaging and
laboratory diagnostics. Company provide medical
technology and software solutions as well as
clinical consulting services, supported by a
complete set of training and service offerings.
Industrial Automation Business Segments
Couplings
Gears Motors
Process Instrumentation Systems
Wired and Wireless Communication
Material Handling Equipments
Services
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Business Strategy
- Innovation and Investment Strategy The Process
Industries and Drives Division offers a
comprehensive product, software, solution and
service portfolio for moving, measuring,
controlling and optimizing all kinds of mass
flows. With its know-how in vertical industries
including oil and gas, shipbuilding, mining,
cement, fiber, chemicals, food and beverage, and
pharmaceuticals, the Division increases
productivity, reliability and flexibility of
machinery and installations along their entire
life cycle jointly with its customers. Strategic
partnerships are an essential part of Siemens
strategy to reach this goal. - Further, the company is focusing towards the
expansion of its product portfolio by acquiring
rivalry companies such as Mentor Graphics,
CD-adapco, Dresser Rand, Invensys Rail, LMS
International NV, Bayer diagnostics and many
more. Prior acquisitions have resulted in a wide
range of outcomes, from successful introduction
of new products and technologies.
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