KSA EV Charging Equipment Market Growth, Size, Share, Trends, Revenue and Future Scope 2032
KSA EV Charging Equipment Market Size- By Type of Vehicles, By Types of Chargers, By Type of Collectors, By Type of Ecosystems, By Source of Manufacturing, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: AMIN2361 | Pages: 1 - 101 | Formats*: |
| Category : Automotive & Transportation | |||
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:
- AC (Slow)
- DC (Fast)
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:
- Domestic
- Import
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 report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the KSA EV Charging Equipment Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 KSA EV Charging Equipment Car Manufacturing Base Distribution, Sales Area, Product Type6.2 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 Vehicle7.2 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 CHAdeMO9.4 CCs
10. KSA EV Charging Equipment Market, By Type of Ecosystems, 2019-2032 (USD Million)
10.1 CPOs10.2 Manufacturers10.3 Service Providers
11. KSA EV Charging Equipment Market, By Source of Manufacturing, 2019-2032 (USD Million)
11.1 Domestic11.2 Import
12. KSA EV Charging Equipment Market, By Application, 2019-2032 (USD Million)
12.1 Portable Chargers12.2 Private Chargers12.3 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 Riyadh13.4 Jeddah13.5 Dammam13.6 Al Khobar13.7 Rest of KSA
14. Company Profiles
14.1 ABB Ltd.14.1.1 Company details14.1.2 Financial outlook14.1.3 Product summary14.1.4 Recent developments14.2 Abunayyan Trading14.2.1 Company details14.2.2 Financial outlook14.2.3 Product summary14.2.4 Recent developments14.3 Altaaqa Alternative Solutions14.3.1 Company details14.3.2 Financial outlook14.3.3 Product summary14.3.4 Recent developments14.4 ASX EV Solutions14.4.1 Company details14.4.2 Financial outlook14.4.3 Product summary14.4.4 Recent developments14.5 Circontrol ALITCO14.5.1 Company details14.5.2 Financial outlook14.5.3 Product summary14.5.4 Recent developments14.6 Electromin14.6.1 Company details14.6.2 Financial outlook14.6.3 Product summary14.6.4 Recent developments14.7 ESSCO14.7.1 Company details14.7.2 Financial outlook14.7.3 Product summary14.7.4 Recent developments14.8 EVBox14.8.1 Company details14.8.2 Financial outlook14.8.3 Product summary14.8.4 Recent developments14.9 Motevs14.9.1 Company details14.9.2 Financial outlook14.9.3 Product summary14.9.4 Recent developments14.10 Qabis14.10.1 Company details14.10.2 Financial outlook14.10.3 Product summary14.10.4 Recent developments14.11 Schneider Electrics14.11.1 Company details14.11.2 Financial outlook14.11.3 Product summary14.11.4 Recent developments14.12 Siemens14.12.1 Company details14.12.2 Financial outlook14.12.3 Product summary14.12.4 Recent developments14.13 Turning Point Energy14.13.1 Company details14.13.2 Financial outlook14.13.3 Product summary14.13.4 Recent developments14.14 Wallbox Charger14.14.1 Company details14.14.2 Financial outlook14.14.3 Product summary14.14.4 Recent developments14.15 Zain14.15.1 Company details14.15.2 Financial outlook14.15.3 Product summary14.15.4 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.
Frequently Asked Questions About This Report
KSA EV Charging Equipment Market is projected to reach USD CC billion by 2032, growing at a CAGR of XX% during the forecast period.
KSA EV Charging Equipment Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.
KSA EV Charging Equipment Market CAGR of XX% during the forecast period.
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KSA EV Charging Equipment Market size is USD XX billion from 2022 to 2032.
KSA EV Charging Equipment Market Segment is Covered By Type of Vehicles, By Type of Chargers, By Type of Collectors, By Type of Ecosystems, By Source of Manufacturing, By Application
The Middle East region is anticipated to have the highest market share in KSA EV Charging Equipment Market.
The key players in the market include 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
There is an increasing need for dependable and effective charging infrastructure as more and more people transition to electric vehicles.
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