Electric Vehicle Charging Equipment Market Size, Revenue, Competition and Trends 2032

Electric Vehicle (EV) Charging Equipment Market Size- By Type, By Charging Level, By Vehicle Type, By Charger Type Outlook, By Mode Of Charging, By Connector Outlook, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Electric Vehicle (EV) Charging Equipment Market Size- By Type, By Charging Level, By Vehicle Type, By Charger Type Outlook, By Mode Of Charging, By Connector Outlook, By End User- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Nov 2022 Report ID: AMIN2203 Pages: 1 - 255 Formats*:     
Category : Automotive & Transportation
Global Electric Vehicle Charging Equipment Market overview:

According to SPER Market Research, the Global Electric Vehicle Charging Equipment Market is estimated to reach USD 286.66 million by 2032 with a CAGR of 31%. 

An electric car charging station is a hardware component used to connect plug-in and electric vehicles to an electrical source so they may be recharged. Charging stations are placed in public areas like parking lots, shopping malls, and other places by private businesses or electric utility providers. Additionally, level 1, level 2, and level 3 charging levels are available at electric car charging stations. Additionally, there are several designs for electric car charging stations, including wall-mounted or free-standing, single or multiple charging heads, commercial or residential grade, indoor or outdoor installation. The requirement for the use of electric cars has been prompted by the growing levels of carbon emissions and other dangerous substances resulting from transportation. As a result, there is a growing need for an electric vehicle (EV) charging infrastructure in both business and residential settings.



Additionally, expanding collaborations between automakers to provide charging stations using a subscription model is anticipated to fuel industry expansion. Green energy is also anticipated to be a major factor in both public and private electric car charging stations. Carbon emissions are the main issue for EV owners. Companies are quickly developing their electric car charging networks' charging technology to solve these worries. Commercial venues have a far higher market penetration of EV charging equipment than residential areas do. With the increased popularity of electric vehicles, more business charging stations are expected to be installed. As overnight charging at apartment buildings or individual residences would not be adequate for long-distance trips, efforts toward improving the charging infrastructure in commercial places would be crucial in promoting the adoption of EV.

Impact of COVID-19 on the Global Electric Vehicle Charging System Market:
The new coronavirus epidemic caused a dramatic decline in non-essential import and export, and only a tiny portion of the workforce was permitted to operate in the factories. The tight pandemic laws also had an influence on system testing. Due to these, there was a significant supply-demand mismatch for goods and services associated with electric car charging stations. The worldwide auto industry saw a new, unusual scenario in the previous year as a result of the COVID epidemic. This followed a dreadful year for the sector that already saw a major decline in global car output and that interrupted the increasing trend of several years of growth. Furthermore, the market for EV charging stations surged in the current year as a result of the rising desire for electric vehicles during the epidemic and thanks to incentives from governments throughout the world. Leading charging station manufacturers increased the quantity of their personal and public EV chargers worldwide.



Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Type, By Charging Level, By Vehicle Type, By Charger Type Outlook, By Mode Of Charging, By Connector Outlook, By End User
 Regions  coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredABB Ltd., AeroVironment Inc., BorgWarner Inc., BP Chargemaster, Chargemaster PLC, ChargePoint Inc., Clipper Creek Inc., DBT SA, Delta Electronics Inc., Eaton Corporation PLC, Engie SA, Fortum Oyj, General Electric Company, Leviton Manufacturing Co., Moser Services Group, Plugless Power Inc., Robert Bosch GmbH, Schneider Electric, SemaConnect Inc., Siemens AG, TATA Power Pvt. Ltd., Tesla Motors Inc., The New Motion BV, Webasto Group.
Electric Vehicle (EV) Charging System Market Segmentation:

By Type: Based on the Type, Global Electric Vehicle Charging System And Equipment Market is segmented as; AC Charging, DC Charging, Inductive Charging.

By Charging Level: Based on the Charging Level, Global Electric Vehicle Charging System And Equipment Market is segmented as; Level 1 (120 Volts), Level 2 (240 Volts), Level 3 (480 Volts).

By Vehicle Type: Based on the Vehicle Type, Global Electric Vehicle Charging System And Equipment Market is segmented as; Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Electric Vehicle.

By Charger Type Outlook: Based on the Charger Type Outlook, Global Electric Vehicle Charging System And Equipment Market is segmented as; Fast Charger, Slow Charger.

By Mode Of Charger:Based on the Mode Of Charger, Global Electric Vehicle Charging System And Equipment Market is segmented as; Plug-In Charger, Wireless Charger.

By Connector Outlook:
 Based on the Connector Outlook, Global Electric Vehicle Charging System And Equipment Market is segmented as; CHAdeMO (Charge de MOve), Combined Charging System, Others.

By End User: Based on the End User, Global Electric Vehicle Charging System And Equipment Market is segmented as; Commercial, Residential.

By Region: Asia Pacific dominated the market and contributed more to global revenue than any other region. The electric car industry is centred in nations like China, Japan, and South Korea, who are spending extensively in the construction of a charging infrastructure.

In addition, South Korea announced million-dollar investment to enhance the nation's EV charging infrastructure as part of its effort to support environmentally friendly cars in the transportation industry. Additionally, the number of electric charging stations in Japan has overtaken that of gas stations.

1.Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Electric Vehicle Charging System And Equipment Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Electric Vehicle Charging System And Equipment Market, By Type, 2019-2032 (USD Million)
6.1. AC Charging
6.2. DC Charging
6.3. Inductive Charging

7. Global Electric Vehicle Charging System And Equipment Market, By Charging Level, 2019-2032 (USD Million)
7.1. Level 1 (120 Volts)
7.2. Level 2 (240 Volts)
7.3. Level 3 (480 Volts)

8. Global Electric Vehicle Charging System And Equipment Market, By Vehicle Type, 2019-2032 (USD Million)
8.1. Battery Electric Vehicle
8.2. Hybrid Electric Vehicle
8.3. Plug-In Electric Vehicle

9. Global Electric Vehicle Charging System And Equipment Market, By Charger Type Outlook, 2019-2032 (USD Million)
9.1. Fast Charger
9.2. Slow Charger

10. Global Electric Vehicle Charging System And Equipment Market, By Mode Of Charger, 2019-2032 (USD Million)
10.1 Plug-In Charger
10.2 Wireless Charger

11. Global Electric Vehicle Charging System And Equipment Market, By Connector Outlook, 2019-2032 (USD Million)
11.1 CHAdeMO (Charge de MOve)
11.2 Combined Charging System 
11.3 Others

12. Global Electric Vehicle Charging System And Equipment Market, By End User, 2019-2032 (USD Million)
12.1 Commercial
12.2 Residential

13. Global Electric Vehicle Charging System And Equipment Market, By Region, 2019-2032 (USD Million)
13.1 North America
13.1.1 United States
13.1.2 Canada
13.1.3 Mexico
13.2 Europe
13.2.1 Germany
13.2.2 United Kingdom
13.2.3 France
13.2.4 Italy
13.2.5 Spain
13.2.6 Rest of Europe
13.3 Asia-Pacific
13.3.1 China
13.3.2 Japan
13.3.3 India
13.3.4 Australia
13.3.5 South Korea
13.3.6 Rest of Asia-Pacific
13.4 South America
13.4.1 Brazil
13.4.2 Argentina
13.4.3 Rest of South America
13.5 Middle East & Africa
13.5.1 Kingdom of Saudi Arabia 
13.5.2 United Arab Emirates
13.5.3 Rest of Middle East & Africa

14. Company Profiles
14.1 ABB Ltd.
14.1.1 Company details 
14.1.2 Financial outlook
14.1.3 Product summary 
14.1.4 Recent developments

14.2 AeroVironment Inc.
14.2.1 Company details 
14.2.2 Financial outlook
14.2.3 Product summary 
14.2.4 Recent developments

14.3 BorgWarner Inc.
14.3.1 Company details 
14.3.2 Financial outlook
14.3.3 Product summary 
14.3.4 Recent developments

14.4 BP Chargemaster
14.4.1 Company details 
14.4.2 Financial outlook
14.4.3 Product summary 
14.4.4 Recent developments

14.5 Chargemaster PLC
14.5.1 Company details 
14.5.2 Financial outlook
14.5.3 Product summary 
14.5.4 Recent developments

14.6 ChargePoint Inc.
14.6.1 Company details 
14.6.2 Financial outlook
14.6.3 Product summary 
14.6.4 Recent developments

14.7 Clipper Creek Inc.
14.7.1 Company details 
14.7.2 Financial outlook
14.7.3 Product summary 
14.7.4 Recent developments

14.8 DBT SA
14.8.1 Company details 
14.8.2 Financial outlook
14.8.3 Product summary 
14.8.4 Recent developments

14.9 Delta Electronics Inc.
14.9.1 Company details 
14.9.2 Financial outlook
14.9.3 Product summary 
14.9.4 Recent developments

14.10 Eaton Corporation PLC
14.10.1 Company details 
14.10.2 Financial outlook
14.10.3 Product summary 
14.10.4 Recent developments

14.11 Engie SA
14.11.1 Company details 
14.11.2 Financial outlook
14.11.3 Product summary 
14.11.4 Recent developments

14.12 Fortum Oyj
14.12.1 Company details 
14.12.2 Financial outlook
14.12.3 Product summary 
14.12.4 Recent developments

14.13 General Electric Company
14.13.1 Company details 
14.13.2 Financial outlook
14.13.3 Product summary 
14.13.4 Recent developments

14.14 Leviton Manufacturing Co.
14.14.1 Company details 
14.14.2 Financial outlook
14.14.3 Product summary 
14.14.4 Recent developments

14.15 Moser Services Group
14.15.1 Company details 
14.15.2 Financial outlook
14.15.3 Product summary 
14.15.4 Recent developments

14.16 Plugless Power Inc.
14.16.1 Company details 
14.16.2 Financial outlook
14.16.3 Product summary 
14.16.4 Recent developments

14.17 Robert Bosch GmbH
14.17.1 Company details 
14.17.2 Financial outlook
14.17.3 Product summary 
14.17.4 Recent developments

14.18 Schneider Electric
14.18.1 Company details 
14.18.2 Financial outlook
14.18.3 Product summary 
14.18.4 Recent developments

14.19 SemaConnect, Inc.
14.19.1 Company details 
14.19.2 Financial outlook
14.19.3 Product summary 
14.19.4 Recent developments

14.20 Siemens AG
14.20.1 Company details 
14.20.2 Financial outlook
14.20.3 Product summary 
14.20.4 Recent developments

14.21 TATA Power Pvt. Ltd.
14.21.1 Company details 
14.21.2 Financial outlook
14.21.3 Product summary 
14.21.4 Recent developments

14.22 Tesla Motors Inc.
14.22.1 Company details 
14.22.2 Financial outlook
14.22.3 Product summary 
14.22.4 Recent developments

14.23 The New Motion BV
14.23.1 Company details 
14.23.2 Financial outlook
14.23.3 Product summary 
14.23.4 Recent developments

14.24 Webasto Group
14.24.1 Company details 
14.24.2 Financial outlook
14.24.3 Product summary 
14.24.4 Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

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Frequently Asked Questions About This Report
The Electric Vehicle Charging Equipment Market size is USD 286.66 million from 2022 to 2032.
The Electric Vehicle Charging Equipment Market segment is Covered By Type, By Charging Level, By Vehicle Type, By Charger Type Outlook, By Mode Of Charging, By Connector Outlook, By End User.
The North America region is anticipated to have the highest market share in the Electric Vehicle Charging Equipment Market.
The key players in the market include Companies Covered ABB Ltd., AeroVironment Inc., BorgWarner Inc., BP Chargemaster, Chargemaster PLC, ChargePoint Inc., Clipper Creek Inc., DBT SA, Delta Electronics Inc., Eaton Corporation PLC, Engie SA, Fortum Oyj, General Electric Company, Leviton Manufacturing Co., Moser Services Group, Plugless Power Inc., Robert Bosch GmbH, Schneider Electric, SemaConnect Inc., Siemens AG, TATA Power Pvt. Ltd., Tesla Motors Inc., The New Motion BV, Webasto Group.
Electric vehicle (EV) charging infrastructure is in high demand in both commercial and residential contexts.
The Electric Vehicle Charging Equipment Market is projected to reach USD 286.66 million by 2032, growing at a CAGR of 31% during the forecast period.
The Electric Vehicle Charging Equipment Market grew in market size from 2021. The Market is expected to reach USD 286.66 million by 2032, at a CAGR of 31% during the forecast period.
The Electric Vehicle Charging Equipment Market CAGR of 31% during the forecast period.
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