The electric vehicle charging station is an electric recharging point that supplies electric energy for the recharging of electric vehicles such as battery electric cars, plug-in hybrid vehicles, electric buses, and other electric vehicles. It is also known as electric vehicle supply equipment (EVSE) and can be installed simply by plugging into a standard wall outlet. Additionally, some of the electric vehicle charging stations require custom installation and have advanced features, including cellular capability, smart metering, and network connectivity. An electric vehicle can easily be recharged by plugging the vehicle into a charger that is connected to the electric grid. The electric vehicles have batteries with high energy storage density, which can be recharged with the help of the charging stations. The time taken by an electric vehicle to charge varies and is based on the level and type of the charging station. The various type of speeds for the charging of the electric vehicle charging stations are level 1, level 2, and level 3.

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The factors driving the growth of the global electric vehicle charging station market include the increasing demand for electric vehicles and rising awareness among consumers regarding the negative impacts of gas emission through conventional vehicles across the globe. Moreover, favorable government policies and regulations and the rising focus of government agencies to provide funds for the development of electric vehicle charging stations is further expected to boost the growth of the electric vehicle charging station market. Additionally, various organizations, including Electric Vehicle Charging Association (EVCA), CHAdeMO Association, AVERE (The European Association for Electromobility), among others, are working for the deployment of advanced electric vehicle charging infrastructure. This factor will further propel the growth of the electric vehicle charging station market during the forecast period. In addition to this, the increasing convenience of consumers such as home charging options for electric vehicles, coupled with the development of new technologies including wireless charging and ultra-fast DC charging solution will further increase the demand for electric vehicle charging station market. Furthermore, the growing trend towards the adoption of emission-free vehicles among transport companies and the expanding electric bus market will further fuel the demand of the electric vehicle charging station market over the forecast period. On the other hand, the high installation prices of these electric vehicle charging stations may hamper the global electric vehicle charging station market.

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Based on the charging level, the market is segmented into level 1, level 2, and level 3. Among these, the Level 1 segment is projected to grow at a higher CAGR during the forecast period. The Level 1 chargers use a 120 Volt AC plug and provide two to five miles of range per hour of charging. These chargers do not require additional equipment for installation. Easy installation, less expensive, and other exceptional benefits offered by these chargers, is the major factor contributing to the growth of the level 1 electric vehicle charging station market. The Level 2 segment is anticipated to grow at a high CAGR over the coming years. The Level 2 chargers use a 240 Volt AC plug and require installation by a professional electrician. They can also be installed as part of a solar panel system. Level 2 chargers can be used for both residential and commercial charging stations, which is one of the major factors driving the market.

Based on the application type, the market is segmented into public and private. Public segment of electric vehicle charging station market is anticipated to grow at a higher CAGR owing to the various initiatives taken by the governments and electric vehicle manufactures for the expansion and installation of public EVSE infrastructure across various destinations including movie theatres, stadiums, airports, shopping malls, corporate buildings, hotels, and others. Safe and secure charging of vehicles and less charging time feature will further drive the market for public electric vehicle charging station market. Easy access to charging stations, the flexibility of charging vehicles, less expensive, and remote management option are the prominent factors supporting the growth of private electric vehicle charging stations.

Based on the installation type, the market has been segmented into portable and fixed. Portable segment is forecasted to dominate the market during the forecast period owing to the numerous remarkable advantages offered by this type of installation, such as ease to carry, flexible to use, and lightweight. Moreover, the development of new and advanced portable chargers for electronic vehicles by companies such as Volkswagen, among others are further propelling the market growth.

Based on the charging station type, the market is segmented into normal charging, super charging, and inductive charging. The growing popularity of home charging system, no requirement of any special equipment apart from an outlet for the installation for normal chargers are the major factors for the growth of the normal charging market. Super charging stations require highly specialized equipment and specific infrastructure to install and are mainly used in commercial and industrial applications. The super charging segment is expected to grow at a higher CAGR during the forecast period owing to its fast charging ability for electric vehicles and the increasing number of public charging stations.

Based on the charging infrastructure type, the market is segmented into CCS, CHAdeMO, Normal Charger, Tesla Supercharger, and Type 2 (IEC 62196). CCS (Combined Charging System) is an easy to use system and all in a single connector combining single-phase AC, three-phase AC and DC high-speed charging. Moreover, leading companies, including General Motors, Daimler AG, Hyundai Motor Company, Tesla, Inc. and Volkswagen AG offer CCS supporting electric vehicle, which is one of the major factors contributing to the growth of the CCS market. CHAdeMO is a DC charging standard for electric vehicles developed by CHAdeMO Association. The growing number of electric vehicles and fast recharging of batteries in electric vehicles are the prominent factors expected to propel the market growth of CHAdeMO during the forecast period.

Based on the electric bus charging type, the Charging via connector market is expected to grow at a higher CAGR during the forecast period owing to the various benefits provided by the segment, such as safer, durable, robust, and user-friendly charging for electric buses. Moreover, it also offers fast and efficient charging solution and can be remotely accessed and controlled. The Off-board Top-down-Pantograph is a fully automated, cost-efficient charging solution for electric buses. Moreover, its fast charging ability with a wide range of power levels are some of the major factors driving the growth of the Off-board Top-down-Pantograph market.

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Based on the region, the Asia-Pacific region is expected to lead the market over the forecast period owing to the increasing manufacturing of electric vehicles in countries including China, Japan, and South Korea. Furthermore, increasing per capita income of people in developing countries, including India, China, Bangladesh, and Thailand in the region, coupled with the growing awareness of consumers towards reducing greenhouse gas emission will further provide high growth opportunities for the electric vehicle charging station market in the Asia-Pacific region. In Europe, the number of electric vehicles and electric vehicle charging stations has been growing. Favorable government initiatives and policies to encourage the investment for the development of electric vehicles and reduce vehicle emission are anticipated to surge the demand for electric vehicles and thereby, boosting the growth of the electric vehicle charging station market in Europe. For instance, the Federal Ministry of Transport and Digital Infrastructure, Germany provides various subsidies and tax benefits to the owners of charging stations and has planned to install 1 million electric vehicle charging stations by 2030 in Germany.

Various notable players operating in the global electric vehicle charging station market, include Tesla Inc., BYD Company Limited, Nissan Motor Company, ABB Group, Volkswagen AG, Yazaki, Bosch, Efacec Power Solutions, Mitsubishi Electric and Leviton.

 Key Developments:

• • In 2020, Siemens AG entered into a partnership with Ubitricity, a charging solution company converted 24 lampposts into EV charge points using existing city infrastructure in London. Through this development, the company expanded its electric vehicle charging stations in UK.
  • In 2019, Nissan Motor Company partnered with EVgo Services LLC, a U.S. based public electric vehicle charging network to provide better electric vehicle charging facilities to the customers. This partnership will help the Nissan Leaf car’s owner to get pre-paid charging credits and access to more than 30,000 chargers in the U.S.
  • In 2019, General Motors partnered with Qmerit Inc. to provide a better and more accessible at-home charging solution to customers. This partnership will provide Chevrolet electronic vehicle owners a seamless way to find electricians for the installation of the charging equipment.

The global Electric Vehicle Charging Station market has been segmented on the basis of charging level, application type, installation type, charging station type, charging infrastructure type, electric bus charging type, and key regions. Based on charging level, the market is segmented into level 1, level 2, and level 3. Based on application type, the market is public and private. Based on installation type, the market is segmented into portable and fixed. Based on charging station type, the market is segmented into normal charging, super charging, and inductive charging. Based on charging infrastructure type, the market is segmented into CCS, CHAdeMO, Normal Charger, Tesla Supercharger, and Type 2 (IEC 62196). Based on Electric Bus Charging Type, the market is segmented into Off-Board Top-Down Pantograph, Off-Board Bottom-Up Pantograph, and Charging via connector.

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Key questions answered in this research report:

• • At what pace is global Electric Vehicle Charging Station market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in electric vehicle charging station market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global electric vehicle charging station market?
  • Which application type generated maximum revenues in 2019 and identify the most promising application type during the forecast period?
  • What are the various charging levels of global electric vehicle charging station market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Charging Level, By Application Type, By Installation Type, By Charging Station Type, By Charging Infrastructure Type, By Electric Bus Charging Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tesla Inc., BYD Company Limited, Nissan Motor Company, ABB Group, Volkswagen AG, Yazaki, Bosch, Efacec Power Solutions, Mitsubishi Electric and Leviton;a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Electric Vehicle Charging Station Market by Charging Level

• • Level 1
  • Level 2
  • Level 3

Global Electric Vehicle Charging Station Market by Application Type

• • Public
  • Private

Global Electric Vehicle Charging Station Market by Installation Type

• • Portable
  • Fixed

Global Electric Vehicle Charging Station Market by Charging Station Type

• • Normal Charging
  • Super Charging
  • Inductive Charging

Global Electric Vehicle Charging Station Market by Charging Infrastructure Type

• • CCS
  • CHAdeMO
  • Normal Charger
  • Tesla Supercharger
  • Type 2 (IEC 62196)

Global Electric Vehicle Charging Station Market by Electric Bus Charging Type

• • Off-Board Top-Down Pantograph
  • Off-Board Bottom-Up Pantograph
  • Charging via connector

Global Electric Vehicle Charging Station Market by Region

• • North America Electric Vehicle Charging Station Charging Station Market (Option 1: As a part of the free 25% customization)
    • North America Electric Vehicle Charging Station Market by Charging Level
    • North America Electric Vehicle Charging Station Market by Application Type
    • North America Electric Vehicle Charging Station Market by Installation Type
    • North America Electric Vehicle Charging Station Market by Charging Station Type
    • North America Electric Vehicle Charging Station Market by Charging Infrastructure Type
    • North America Electric Vehicle Charging Station Market by Electric Bus Charging Type
    • US Electric Vehicle Charging Station Market All-Up
    • Canada Electric Vehicle Charging Station Market All-Up
  • Europe Electric Vehicle Charging Station Market (Option 2: As a part of the free 25% customization)
    • Europe Electric Vehicle Charging Station Market by Charging Level
    • Europe Electric Vehicle Charging Station Market by Application Type
    • Europe Electric Vehicle Charging Station Market by Installation Type
    • Europe Electric Vehicle Charging Station Market by Charging Station Type
    • Europe Electric Vehicle Charging Station Market by Charging Infrastructure Type
    • Europe Electric Vehicle Charging Station Market by Electric Bus Charging Type
    • UK Electric Vehicle Charging Station Market All-Up
    • Germany Electric Vehicle Charging Station Market All-Up
    • France Electric Vehicle Charging Station Market All-Up
    • Spain Electric Vehicle Charging Station Market All-Up
    • Rest of Europe Electric Vehicle Charging Station Market All-Up
  • Asia-Pacific Electric Vehicle Charging Station Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Electric Vehicle Charging Station Market by Charging Level
    • Asia-Pacific Electric Vehicle Charging Station Market by Application Type
    • Asia-Pacific Electric Vehicle Charging Station Market by Installation Type
    • Asia-Pacific Electric Vehicle Charging Station Market by Charging Station Type
    • Asia-Pacific Electric Vehicle Charging Station Market by Charging Infrastructure Type
    • Asia-Pacific Electric Vehicle Charging Station Market by Electric Bus Charging Type
    • China Electric Vehicle Charging Station Market All-Up
    • India Electric Vehicle Charging Station Market All-Up
    • Japan Electric Vehicle Charging Station Market All-Up
    • Rest of APAC Electric Vehicle Charging Station Market All-Up
  • RoW Electric Vehicle Charging Station Market (Option 4: As a part of the free 25% customization)
    • RoW Electric Vehicle Charging Station Market by Charging Level
    • RoW Electric Vehicle Charging Station Market by Application Type
    • RoW Electric Vehicle Charging Station Market by Installation Type
    • RoW Electric Vehicle Charging Station Market by Charging Station Type
    • RoW Electric Vehicle Charging Station Market by Charging Infrastructure Type
    • RoW Electric Vehicle Charging Station Market by Electric Bus Charging Type
    • Brazil Electric Vehicle Charging Station Market All-Up
    • South Africa Electric Vehicle Charging Station Market All-Up
    • Saudi Arabia Electric Vehicle Charging Station Market All-Up
    • UAE Electric Vehicle Charging Station Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Electric Vehicle Charging Station Market All-Up

Global Electric Vehicle Charging Station Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tesla, Inc.
  • BYD Company Limited
  • Nissan Motor Company
  • ABB Group
  • Volkswagen AG
  • Yazaki
  • Bosch
  • Efacec Power Solutions
  • Mitsubishi Electric
  • Leviton