KSA EV Charging Equipment Market Overview
According to SPER Market Research, the KSA EV Charging Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Electric vehicle (EV) charging equipment is a gadget that enables you to recharge an EV's battery. From small portable devices to big, public charging stations, this equipment is available in a variety of shapes and sizes. The EV ecosystem cannot function without EV charging devices. There is an increasing need for dependable and effective charging infrastructure as more and more people transition to electric vehicles.
This infrastructure consists of both public charging stations for usage by businesses and municipalities as well as home charging devices for individual EV users. Level 1, Level 2, and DC rapid charging are the three primary categories of EV charging equipment. The most basic charging technology, Level 1, is usually included as standard with most electric vehicles. An EV can be charged significantly more quickly than at Level 1 using Level 2 equipment, which uses a 240-volt outlet and normally takes 4 to 8 hours to fully charge. This kind of equipment is perfect for charging at home and is also available in public spaces like parking lots and shopping malls.
The fastest sort of charging equipment is DC fast charging, which can charge an EV to 80% in as little as Half an Hour. These charging stations are perfect for long-distance travel and are often found alongside major roads and in commercial areas. In general, EV charging infrastructure is a crucial part of the switch to electric vehicles. In the years to come, we may anticipate seeing more effective, practical, and economical charging alternatives as technology advances.
Impact of COVID-19 on the Saudi Arabia EV Charging Equipment Market
The Saudi Arabian market for electric vehicle (EV) charging equipment has been significantly impacted by the COVID-19 outbreak. The viral outbreak has caused a drop in EV demand, which has slowed the expansion of the nation's market for EV charging equipment. The economic uncertainty brought on by the epidemic is one of the main causes of this delay. Consumer spending has decreased as a result of several people losing their jobs or seeing their earnings decline. As a result, there is less demand for EVs and less need for EV charging infrastructure.
In addition, because of the pandemic's impact on supply chains, Saudi Arabia's EV charging equipment delivery has been disrupted. Due to the temporary closure of several plants by manufacturers, there is a lack of parts and machinery. Besides these obstacles, there have been some encouraging trends in Saudi Arabia's market for EV charging equipment. The establishment of EV charging stations across the nation is only one example of how the government has continued to invest in the creation of EV infrastructure. To encourage the use of EVs, the government has also created a number of incentives and subsidies.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type of Vehicles, By Type of Chargers, By Type of Collectors, By Type of Ecosystems, By Source of Manufacturing, By Application
|
| Regions covered | Riyadh, Jeddah, Dammam, Al Khobar, Rest Of KSA
|
| Companies Covered | ABB Ltd, Abunayyan Trading, Altaaqa Alternative Solutions, ASX EV Solutions, Circontrol ALITCO, Electromin, ESSCO, EVBox, Motevs, Qabis, Scheider Electronics, Siemens, Turning Point Energy, Wallbox Charger, Zain
|
Target Audience-
- Electricity Supplier
- EV Manufactures
- EV Charging Equipment Manufacturers
- EV Charging System Operator
- Demand Side Transport Operators
- Government Bodies
Saudi Arabia EV Charging Equipment Market Segmentation:
1. By Type of Vehicle:
- Commercial Vehicle
- Passenger Vehicle
2. By Type of Chargers:
3. By Type of Connectors:
- Type 2 (7 Pin)
- Type 1 (5 Pin)
- CHAdeMO
- CCs
4. By Type of Ecosystems:
- CPOs
- Manufacturers
- Service Providers
5. By Source of Manufacturing:
6. By Application:
- Portable Chargers
- Private Chargers
- Public Chargers
7. By Region:
- Riyadh
- Jeddah
- Dammam
- Al Khobar
- Rest of KSA
Key Topics Covered in the Report:
- KSA Electric vehicle Charging Equipment Market Size (FY’2019-FY’2032)
- Saudi Arabia EV Charging Equipment Market
- Segmentation of KSA EV Charging Equipment Market By Type of Vehicle ( Commercial Vehicle, Passenger Vehicle)
- Segmentation of KSA EV Charging Equipment Market By Type of Chargers ( AC , DC)
- Segmentation of Saudi Arabia EV Charging Equipment Market By Type of Connectors ( Type 2, Type 1, CHAdeMO)
- Segmentation of KSA Electric vehicle Charging Equipment Market By Type of Ecosystems ( CPOs, Manufacturers, Service Providers)
- Segmentation of Saudi Arabia EV Charging Equipment Market By Source of Manufacturing ( Domestic, Import)
- Segmentation of KSA Electric vehicle Charging Equipment Market By Application ( Portable Chargers, Private Chargers, Public Chargers)
- Growth Analysis of Saudi Arabia Electric vehicle Charging Equipment Market
- Problems and Challenges in KSA EV Charging Equipment Market
- Competitive Landscape in the KSA Electric vehicle Charging Equipment Market
- Impact of COVID-19 and Demonetization on Saudi Arabia EV Charging Equipment Market
- Details on Recent Investment in KSA Electric vehicle Charging Equipment Market
- Competitive Analysis of Saudi Arabia EV Charging Equipment Market
- Key Players in the KSA EV Charging Equipment Market
- SWOT Analysis of Saudi Arabia Electric vehicle Charging Equipment Market
- KSA Electric vehicle Charging Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- 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 KSA EV Charging 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. Competitive Landscape
6.1 KSA EV Charging Equipment Car Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in KSA EV Charging Equipment Market
7. KSA EV Charging Equipment Market, By Type of Vehicle, 2019-2032 (USD Million)
7.1 Commercial Vehicle
7.2 Passenger Vehicle
8. KSA EV Charging Equipment Market, By Type of Chargers, 2019-2032 (USD Million)
8.1 AC (Slow)
8.2 DC (Fast)
9. KSA EV Charging Equipment Market, By Type of Connectors, 2019-2032 (USD Million)
9.1 Type 2 (7 Pin)
9.2 Type 1 (5 Pin)
9.3 CHAdeMO
9.4 CCs
10. KSA EV Charging Equipment Market, By Type of Ecosystems, 2019-2032 (USD Million)
10.1 CPOs
10.2 Manufacturers
10.3 Service Providers
11. KSA EV Charging Equipment Market, By Source of Manufacturing, 2019-2032 (USD Million)
11.1 Domestic
11.2 Import
12. KSA EV Charging Equipment Market, By Application, 2019-2032 (USD Million)
12.1 Portable Chargers
12.2 Private Chargers
12.3 Public Chargers
13. KSA EV Charging Equipment Market, By Region, 2019-2032 (USD Million)
13.1 KSA EV Charging Equipment Size and Market Share by Region (2019-2025)
13.2 KSA EV Charging Equipment Size and Market Share by Region (2026-2032)
13.3 Riyadh
13.4 Jeddah
13.5 Dammam
13.6 Al Khobar
13.7 Rest of KSA
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 Abunayyan Trading
14.2.1 Company details
14.2.2 Financial outlook
14.2.3 Product summary
14.2.4 Recent developments
14.3 Altaaqa Alternative Solutions
14.3.1 Company details
14.3.2 Financial outlook
14.3.3 Product summary
14.3.4 Recent developments
14.4 ASX EV Solutions
14.4.1 Company details
14.4.2 Financial outlook
14.4.3 Product summary
14.4.4 Recent developments
14.5 Circontrol ALITCO
14.5.1 Company details
14.5.2 Financial outlook
14.5.3 Product summary
14.5.4 Recent developments
14.6 Electromin
14.6.1 Company details
14.6.2 Financial outlook
14.6.3 Product summary
14.6.4 Recent developments
14.7 ESSCO
14.7.1 Company details
14.7.2 Financial outlook
14.7.3 Product summary
14.7.4 Recent developments
14.8 EVBox
14.8.1 Company details
14.8.2 Financial outlook
14.8.3 Product summary
14.8.4 Recent developments
14.9 Motevs
14.9.1 Company details
14.9.2 Financial outlook
14.9.3 Product summary
14.9.4 Recent developments
14.10 Qabis
14.10.1 Company details
14.10.2 Financial outlook
14.10.3 Product summary
14.10.4 Recent developments
14.11 Schneider Electrics
14.11.1 Company details
14.11.2 Financial outlook
14.11.3 Product summary
14.11.4 Recent developments
14.12 Siemens
14.12.1 Company details
14.12.2 Financial outlook
14.12.3 Product summary
14.12.4 Recent developments
14.13 Turning Point Energy
14.13.1 Company details
14.13.2 Financial outlook
14.13.3 Product summary
14.13.4 Recent developments
14.14 Wallbox Charger
14.14.1 Company details
14.14.2 Financial outlook
14.14.3 Product summary
14.14.4 Recent developments
14.15 Zain
14.15.1 Company details
14.15.2 Financial outlook
14.15.3 Product summary
14.15.4 Recent developments
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. 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.
