Germany EV Charging Equipment Market Growth, Size, Trends, Revenue, Share and Future Outlook

Germany EV Charging Equipment Market Size- By Vehicle Type, By Charger Type, By Charging Level, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Germany EV Charging Equipment Market Size- By Vehicle Type, By Charger Type, By Charging Level, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jan 2024 Report ID: AMIN2410 Pages: 1 - 107 Formats*:     
Category : Automotive & Transportation
Germany EV Charging Equipment Market Introduction and Overview 

According to SPER Market Research, the Germany EV Charging Equipment Market is estimated to reach USD 11.04 billion by 2033 with a CAGR of 26.2%.

The report includes an in-depth analysis of the Germany EV Charging Equipment Market, including market size and trends, product mix, applications, and supplier analysis.  A device that charges electric vehicles (EVs), including hybrids and electric cars, is known as an electric vehicle charging station. Utilising software, energy controllers, network operations centres, facility metres, and energy conversion, power grids can operate charging stations. Different charging grades are possible with this charger. Level 2 charging stations can be used with all-electric vehicles, level 3 charging stations are direct current (DC) fast chargers that can swiftly charge cars, and level 1 charging stations use a standard household outlet.

  • In April 2021: EnBW, a German electric utility provider, said that it will build the largest public EV fast charging station in Europe at the Kamener Kreus Autobahn Interchange, with 52 fast charging points. Additionally, it was stated that the company invested roughly EUR 100 million annually to create 300–400 smaller charging stations throughout the region.
  • In July 2021: Volkswagen declared its intention to invest USD 86.3 billion for the advancement of electric vehicle production between 2021 and 2025. Furthermore, the business reported that by the end of 2021, 108,280 electric vehicles had been sold in Germany, with BEVs accounting for the majority of these sales.
Germany EV Charging Equipment Market
Market Opportunities and Challenges
Positive government regulations, rising electric vehicle ownership, and the country's advantageous development of the charging infrastructure are all contributing factors to the country's expanding need for EV charging stations. When it comes to the quantity of charging station locations across Europe, Germany comes in much above the rest. It is also anticipated that the industry will expand as a result of supportive government measures pertaining to EV charging infrastructure. The market for EVCEs is primarily driven by the impressive increase in the use of electric vehicles. Governments everywhere have pushed businesses and consumers to switch from internal combustion engine vehicles to electric alternatives due to environmental concerns and technological improvements. Governments are aggressively encouraging the use of electric vehicles (EVs) by offering a range of incentives, such as grants, tax credits, rebates, and subsidies. Furthermore, government agencies frequently provide funding for the development of EV charging infrastructure, which stimulates the demand for electric vehicle charging equipment.

However, the elevated expenses associated with Electric Vehicle (EV) Charging Equipment may impede market growth. Limited availability of charging stations in certain areas poses challenges for EV owners seeking convenient charging options. The initial high costs of home charging setups could hinder widespread adoption, particularly for budget-conscious consumers. Businesses and public charging networks face financial strain when acquiring and deploying multiple stations. Government and private reluctance to invest heavily in charging infrastructure due to substantial capital requirements may impede network expansion. Charging infrastructure providers might struggle to achieve profitability, given high initial and operational expenses, potentially hindering overall network development.

Germany EV Charging Equipment Market

Market Competitive Landscape
The market for EV charging equipment in Germany is distinguished by the abundance of businesses providing a variety of goods and services associated with charging electric vehicles. The major players in the Germany EV Charging Equipment Market include: Allego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta, Others.

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Vehicle Type, By Charger Type, By Charging Level, By Application
 Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

 Companies CoveredAllego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta, Others
COVID-19 Impact on Germany EV Charging Equipment Market
The COVID-19 pandemic has had an effect on the German market for electric vehicle charging stations as well as the automobile industry as a whole. Customers were compelled by the pandemic to put off buying electric cars because of travel restrictions and stringent lockdown procedures implemented in some regions of the region. Since most of the raw materials used in EV charging stations are imported from China, the sector is experiencing a scarcity due to supply chain interruptions. Nonetheless, the industry had a strong post-lockdown rebound and by the end of 2020, EV adoption was on the rise, which helped fuel market expansion. The COVID-19 pandemic and its effects on the automotive industry have a major impact on electric vehicle sales. 

Key Target Audience:
  • Automakers and Dealerships
  • Businesses and Commercial Properties
  • Charging Network Operators
  • EV Owners and Drivers
  • Fleet Operators
  • Government and Municipalities
  • Investors and Financial Institutions
  • Property Developers and Managers
  • Utilities and Energy Companies
  • Others
Our in-depth analysis of the Germany EV Charging Equipment Market includes the following segments:
By Vehicle Type:
  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • By Charger Type:
  • Fast
  • Moderate
  • Slow
  • By Charging Level:
  • Level 1 (AC Charging)
  • Level 2 (AC Charging)
  • Level 3 (DCFC)
  • By Application:
  • Private
  • Public
  • Key Topics Covered in the Report:
    • Germany EV Charging Equipment Market Size (FY’2023-FY’2033)
    • Overview of Germany EV Charging Equipment Market
    • Segmentation of Germany EV Charging Equipment Market By Vehicle Type (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle)
    • Segmentation of Germany EV Charging Equipment Market By Charger Type (Fast, Moderate, Slow)
    • Segmentation of Germany EV Charging Equipment Market By Charging Level (Level 1, Level 2, Level 3)
    • Segmentation of Germany EV Charging Equipment Market By Application (Private, Public)
    • Statistical Snap of Germany EV Charging Equipment Market 
    • Expansion Analysis of Germany EV Charging Equipment Market 
    • Problems and Obstacles in Germany EV Charging Equipment Market
    • Competitive Landscape in the Germany EV Charging Equipment Market
    • Impact of COVID-19 and Demonetization on Germany EV Charging Equipment Market 
    • Details on Current Investment in Germany EV Charging Equipment Market
    • Competitive Analysis of Germany EV Charging Equipment Market 
    • Prominent Players in the Germany EV Charging Equipment Market 
    • SWOT Analysis of Germany EV Charging Equipment Market 
    • Germany EV Charging Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst
    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 Germany EV Charging Equipment Market 

    5. Market variable 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 
    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. Competitive Landscape
    6.1. Germany EV Charging Equipment Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany EV Charging Equipment Market 

    7. Germany EV Charging Equipment Market, By Vehicle Type (USD Million)
    7.1. Germany EV Charging Equipment Market Value Share and Forecast, By Vehicle Type, 2023-2033
    7.2. Battery Electric Vehicle (BEV)
    7.3. Plug-in Hybrid Electric Vehicle (PHEV)

    8. Germany EV Charging Equipment Market, By Charger Type (USD Million)
    8.1. Germany EV Charging Equipment Market Value Share and Forecast, By Charger Type, 2023-2033
    8.2. Fast
    8.3. Moderate
    8.4. Slow

    9. Germany EV Charging Equipment Market, By Charging Level (USD Million)
    9.1. Germany EV Charging Equipment Market Value Share and Forecast, By Charging Level, 2023-2033
    9.2. Level 1 (AC Charging)
    9.3. Level 2 (AC Charging)
    9.4. Level 3 (DCFC)

    10. Germany EV Charging Equipment Market, By Application (USD Million)
    10.1. Germany EV Charging Equipment Market Value Share and Forecast, By Application, 2023-2033
    10.2. Private
    10.3. Public

    11. Germany EV Charging Equipment Market Forecast, 2019-2033 (USD Million)
    11.1. Germany EV Charging Equipment Market Size and Market Share

    12. Germany EV Charging Equipment Market, By Vehicle Type, 2019-2033 (USD Million)
    12.1. Germany EV Charging Equipment Market Size and Market Share By Vehicle Type (2019-2026)
    12.2. Germany EV Charging Equipment Market Size and Market Share By Vehicle Type (2027-2033)

    13. Germany EV Charging Equipment Market, By Charger Type, 2019-2033 (USD Million)
    13.1. Germany EV Charging Equipment Market Size and Market Share By Charger Type (2019-2026)
    13.2. Germany EV Charging Equipment Market Size and Market Share By Charger Type (2027-2033)

    14. Germany EV Charging Equipment Market, By Charging Level, 2019-2033 (USD Million)
    14.1. Germany EV Charging Equipment Market Size and Market Share By Charging Level (2019-2026)
    14.2. Germany EV Charging Equipment Market Size and Market Share By Charging Level (2027-2033)

    15. Germany EV Charging Equipment Market, By Application, 2019-2033 (USD Million)
    15.1. Germany EV Charging Equipment Market Size and Market Share By Application (2019-2026)
    15.2. Germany EV Charging Equipment Market Size and Market Share By Application (2027-2033)

    16. Germany EV Charging Equipment Market, By Region, 2019-2033 (USD Million)
    16.1. Germany EV Charging Equipment Market Size and Market Share By Region (2019-2026)
    16.2. Germany EV Charging Equipment Market Size and Market Share By Region (2027-2033) 
    16.3. Baden-Württemberg
    16.4. Bayern
    16.5. Hessen
    16.6. Niedersachsen
    16.7. Nordrhein-Westfalen
    16.8. Others

    17. Company Profile
    17.1. Allego GmbH
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. Bals Elektrotechnik GmbH & Co.
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. ChargePoint
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. Stadtwerke Lunen Charging
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. Tesla
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. Volta
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. Others 
     
    18. List of Abbreviations

    19. Reference Links

    20. Conclusion

    21. Research Scope

    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

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Germany EV Charging Equipment Market is projected to reach USD 11.04 billion by 2033, growing at a CAGR of 26.2% during the forecast period.
    Germany EV Charging Equipment Market size from 2022. The Market is expected to reach USD 11.04 billion by 2033, at a CAGR of 26.2% during the forecast period.
    Germany EV Charging Equipment Market CAGR of 26.2% during the forecast period.
    Germany EV Charging Equipment Market size is USD 11.04 billion from 2023 to 2033.
    "Germany EV Charging Equipment Market Segment is covered By Vehicle Type, By Charger Type, By Charging Level, By Application."
    The Europe is anticipated to have the highest market share in the Germany EV Charging Equipment Market.
    "The key players in the market include Companies Covered Allego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta, Others."
    Positive government regulations, rising electric vehicle ownership, and the country's advantageous development of the charging infrastructure are all contributing factors to the country's expanding need for EV charging stations.
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