Title: Electric Vehicle Charging Stations Market - Forecast(2021 - 2026)
1Electric Vehicle Charging Stations Market -
Forecast(2021 - 2026)
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- Electric Vehicle Charging Station
market is forecast to reach 5.6 billion by
2026, growing at a CAGR of 5.0 from 2021 to
2026. - EV charging services consist of electric vehicle
charging station to recharge the electric
vehicles. - The rising demand for electric vehicles is
significantly boosting the demand for EV charging
services. - The significant implementation of the stringent
emission norms globally is set to boost the
demand for electric vehicles, thereby
contributing to the Electric Vehicle Charging
Station Market. - The need for smart connectivity in passenger
vehicles, especially among electric vehicles is
boosting the demand for electric vehicle supply
equipment including for EV charging stations.
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- Key Takeaways
- Commercial type are analysed to grow a highest
rate during the forecast period 2021-2026 owing
to the high investments in the installation of
the public EV charging stations. - APAC is analysed to dominate the market owing to
the growing investments in RD of the Electric
Vehicle Charging Station alongside the growing
adoption of the Electric vehicles. - The rising sales of the electric vehicles is set
to be a key driving factor for the EV Charging
station market.
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Electric Vehicle Charging Station Market Segment
Analysis - By Installation Type Commercial is
analysed to hold highest share in 2020 with 76.1
and is set to grow at highest rate during the
forecast period 2021-2026Â majorly attributed to
the growing public EV charging stations. The
government of India announced to increase
the Electric Vehicle usage to 30 by 2030, hence
the exponentially growing charging infrastructure
across the country is set to contribute to the
market. Indian government announced the
initiatives such as developing a national EV
policy, the FAME II scheme, which includes a
subsidy for setting up of 2,636 public electric
vehicle charging stations across the country.
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- Electric Vehicle Charging Station Market
Landscape - Aerovironment
- Blink Charging Co.
- Chargepoint Inc.
- Chargemaster PLC.
- Delphi Automotive plc.
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Electric Vehicle Charging Stations Market
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Research
/Flow-Battery-Market-Research-505390
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- Data Tables
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