The global Electric Vehicle Charging Stations Market is forecasted to be worth USD 49.53 Billion by 2027, according to a current analysis by Emergen Research. An increase in the number of electric vehicles and advancement in technology will drive the demand for the market. Governments all over the world are investing heavily in the charging infrastructure to provide ample opportunities for the OEMs to expand their revenue and business.
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However, the high cost required in the overhaul, initial investment, and maintenance is hampering the market's development. The dramatic reduction in greenhouse gas emissions, local air pollution, and resulting climate change impacts, and low oil usage from the transportation sector owing to the usage of electric vehicles promise a breakthrough in the future transportation sector.
Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
ABB Ltd., Chargepoint, Inc., Tesla Inc., EVGO Services LLC, BP Chargemaster, SemaConnect Network, EV Connect, Greenlots, Electrify America LLC., and OPConnect, Inc., among others.
Global Electric Vehicle Charging Stations Market Research Report and Forecast to 2027 is an investigative report providing an extensive study of the global Electric Vehicle Charging Stations market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Electric Vehicle Charging Stations market on the global and regional scale, along with a thorough forecast estimation to 2027. The new report is updated with the impact of the COVID-19 pandemic on the Electric Vehicle Charging Stations market.
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Detailed Regional Analysis covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Highlights from The Report
- CCS (Combined Charging System) is an open and universal charging standard for electric vehicles and covers single-phase AC, three-phase AC, and DC High-Speed Charging in both the European region and the US.
- Level 2 charging stations use either single or three-phase AC power from the grid. AC level 2 is a 240-volt AC plug that requires the installation of home charging equipment. Level 2 charging can take place between 3 and 8 hours, depending on the battery capacity of the vehicle, and the charging rate falls within a range of 3kW to 20kW.
Objectives of the Report:
- Study of the global Electric Vehicle Charging Stations market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Electric Vehicle Charging Stations market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Electric Vehicle Charging Stations market based on growth trends, futuristic outlook, and contribution to the total growth of the market
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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