Electric Vehicle Supply Equipment Market 2023-2029 Forecast

In-depth Electric Vehicle Supply Equipment Market Synopsis

The MMR offers a concise depiction of the “Electric Vehicle Supply Equipment Market” industry, delivering an in-depth analysis of the Electric Vehicle Supply Equipment Market. The comprehensive industry overview meticulously delves into the market's dimensions, encompassing various market dynamics such as strategies, market revenue, pricing analysis, micro and macro market trends, scenarios, and industry benchmarks. It extensively covers regional consumer preferences, market sizes, and industrial competition.

Electric Vehicle Supply Equipment Market Growth Estimated:

Electric Vehicle Supply Equipment Market size was valued at US$ 4.04 Bn. in 2022 and the total revenue is expected to grow at 26.3% of CAGR through 2023 to 2029, reaching nearly US$ 20.72 Bn.

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Extent of the Market Report and Research Approach Electric Vehicle Supply Equipment Market

The sizing of specific segments within the Electric Vehicle Supply Equipment market was determined utilizing diverse secondary sources including industry associations, white papers, and journals. Primary methods incorporated surveys, questionnaires, and telephonic interviews with esteemed professionals, industry specialists, market leaders, entrepreneurs, and marketing experts. Employing PESTLE analysis facilitated comprehension of the potential impact of micro and macro-economic factors on the Electric Vehicle Supply Equipment Market.

Thorough scrutiny of industry rivalry, comprising market leaders, followers, and emerging entrants, was conducted. Extensive primary research validated and confirmed crucial statistics attained post-comprehensive Electric Vehicle Supply Equipment market engineering and calculations, encompassing market statistics, size estimations, forecasts, breakdowns, and data triangulation. Secondary data was gathered from annual reports, articles, paid and free databases, etc. The bottom-up approach was utilized to estimate regional and Electric Vehicle Supply Equipment market sizes.

Electric Vehicle Supply Equipment Market Divisibility

Global Electric Vehicle Supply Equipment Market, by Type (2022-2029)

• Level 1
• Level 2
• Level 3

According to kind, in 2021 the highest market shear of xx% was held by Level 2 type. The most popular type of chargers are Level 2, which charge more quickly than Level 1 but at a higher cost. Public spaces, private homes, and workplaces all have level 2 chargers. Although they are marketed separately from the vehicle, residential Level 2 chargers are typically bought together and typically need to be installed by an expert. Because Level 2 chargers can withstand voltages higher than 200 volts and can support currents between 12 and 80 amps, they charge faster than Level 1 chargers, which are only capable of 10 to 12 amps. 

Global Electric Vehicle Supply Equipment Market, by Product Type (2022-2029)

• Residential
• Commercial
• Train stations
• Government buildings
• Other

In terms of product type, the market leader in 2022 was the EV charging kiosk category. because self-service charging options like improved intelligence interactive EV kiosks have been made available. In addition, technological advancements such as the integration of RFID and Near Field Communication (NFC) in EVSE have enhanced the effectiveness of digital payments for EV users of the infrastructure. Additionally, because industrialised nations like the U.S., the U.K., and Germany lack sufficient labour, it has been difficult for owners of electric vehicle charging stations to assign customer service personnel during times of high traffic. The market for EV charging kiosks is mostly driven by this.

Global Electric Vehicle Supply Equipment Market, by Application (2022-2029)

• Portable Charger
• EV Charging Kiosk
• Onboard Charging Station
• Others

Based on application, the market has been split into residential and commercial segments, with the commercial segment expected to dominate the market in 2022. Government initiatives such as the West Coast Electric Highway (WCEH), the Norway to Italy Electric Highway, and the Trans-Canada Highway Project are driving this market. Electric car supply equipment producers are also putting a lot of effort into building electric vehicle charging stations in hotels, malls and resorts in order to meet the demand for charging stations. The increased emphasis that hospitality companies like Hyatt Corporation and Marriot International, Inc. are placing on the installation of electric vehicle charging stations is another factor propelling the growth of this particular market.

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Localised Perspectives on the Electric Vehicle Supply Equipment Industry

Regional analytics span across North America, South America, Asia Pacific, Europe, the Middle East, and Africa. The report entails a comprehensive elucidation of market sizes, trends, competition, and technology adoption on a regional basis.

The Electric Vehicle Supply Equipment Market's Principal Players

 1. Liberty Plugins (US) 2. Clipper Creek (US) 3. Coritech (US) 4. EVgo Services LLC (US) 5. Blink Charging Co. (US) 6. BTC Power (US) 7. Chargepoint (US) 8. Tesla Motors (US) 9. Andromeda Interfaces Inc (US) 10.Bosch Automotive Service Solutions Inc (US) 11.BYD Motors (US) 12.Eaton Corporation plc (US) 13.General Electric Company (US) 14.Leviton Manufacturing Co. Inc. (US) 15.Delta Electronics, Inc (US) 16.Webasto Group (Germany) 17.Siemens AG (Germany) 18.FullCharger (France) 19.Schneider Electric SE (France) 20.ABB Ltd. (Switzerland) 21.Circontrol (Spain) 22.Efacec Electric Mobility S.A. (Portugal)

Section Heading: Electric Vehicle Supply Equipment Industry

Part 01: Executive Summary

Part 02: Scope of the Electric Vehicle Supply Equipment Market Report

Part 03: Electric Vehicle Supply Equipment Market Landscape

Part 04: Electric Vehicle Supply Equipment Market Sizing

Part 05: Electric Vehicle Supply Equipment Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Principal Products/Services:

• Historical Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curves by region (2018 to 2021)
• Industrial Manipulator Market Size, Share, and Forecast by different segments | 2023−2029
• Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Industrial Manipulator Market Segmentation – In-depth analysis by Type, Application, and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Market Leaders, Market Followers, Regional players
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s Analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis

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