UK EV Charging Equipment Market Growth, Trends, Size, Revenue, Scope and Future Competition
UK EV Charging Equipment Market Size- By Type of Vehicle, By Passenger Vehicle, By Application, By Types of Chargers, By Types of Connectors, By Types of Entities, By Types of Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jun-2023 | Report ID: AMIN2390 | Pages: 1 - 107 | Formats*: |
| Category : Automotive & Transportation | |||
UK EV Charging Equipment Market Overview
According to SPER Market Research, the UK EV Charging Equipment Market is estimated to reach USD XX billion by 2033 with a CAGR XX%.
Electric Vehicle Charging Equipment is a system that charges electric vehicles' batteries with electricity. It's similar to how ordinary automobiles require fuel to run, but electric cars require energy. The charging equipment includes a charging station, which is similar to an electric car's specific plug. It connects to the charging port of the vehicle and provides power to the battery. There are various types of charging equipment available, including Level 1, Level 2, and DC fast chargers with variable speeds. Charging an electric vehicle is as simple as plugging the charging wire into the automobile and the charging station. This equipment is critical for the widespread usage of electric vehicles, as it provides simple and dependable charging choices, particularly in public places.
Exploring the Growth Drivers of the UK EV Charging Equipment Industry
There are several main factors are driving considerable growth in the UK EV Charging Equipment Market. For first of all, the growing popularity of electric cars (EVs) is boosting the demand for charging infrastructure. Government measures and incentives, such as grants for EV purchases and low-emission zones in cities, help to drive this demand even higher. secondly technological advances, like as quicker charging speeds and smart charging solutions, are making EV charging more convenient and accessible. Another factor is the expansion of charging infrastructure, with the UK government setting ambitious targets for establishing charge points across the country. Collaborations among government bodies, utility companies, and private sector stakeholders are also driving market expansion by developing interoperable solutions and guaranteeing seamless connectivity with the electricity infrastructure.
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What challenges does the UK EV Charging Equipment Market face?
The UK EV Charging Equipment Market has hurdles such as substantial infrastructure development, charging protocol standardisation, grid integration, and cost considerations. The requirement for a considerable increase in charging stations and accompanying infrastructure necessitates careful planning and collaboration with stakeholders. Standardising charging protocols and maintaining interoperability among various pieces of equipment are essential for a smooth charging experience. Grid interconnection is critical for managing increasing load and optimising charging operations. Cost management and guaranteeing the economic viability of charging infrastructure are difficult challenges that necessitate funding and incentives. Continued government assistance and investment are required to overcome these obstacles and promote the expansion of the UK EV Charging Equipment Market.
In what ways has the COVID-19 pandemic affected UK EV Charging Equipment Market?
The COVID-19 pandemic originally delayed the UK EV Charging Equipment Market because to lower mobility and consumer interest. However, as lockdown measures were relaxed, demand surged, owing to a greater emphasis on sustainable mobility and government incentives. The pandemic also hastened the use of online shopping and contactless payments, opening up chances for creative charging options. The significance of robust and sustainable infrastructure was emphasised, which resulted in greater investments in EV charging infrastructure. The government's commitment to net-zero emissions and green recovery boosted market growth even more. Overall, the epidemic had a mixed effect, resulting in a temporary setback followed by renewed interest in and support for EV charging equipment.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type of Vehicle, By Passenger Vehicle, By Application, By Types of Chargers, By Types of Connectors, By Types of Entities, By Types of Sales Channel |
| Regions covered | Greater London, South East, Scotland, West Midlands, Rest of UK. |
| Companies Covered | BP Pulse, Charge Place Scotland, Connected Kerb, Genie Point, Gridserve, Insta Volt ltd, Mer, Osprey Charging, Pod Point, Source London, Tesla, Ubitricity. |
Key Target Audience
- Electric Vehicle Owners
- Charging Network Operators
- Government Policy Makers
- Property Developers and Managers
UK EV Charging Equipment Market Segmentation:
1. By Type of Vehicle:
- UK EV Charging Equipment Market Value Share and Forecast, By Type of Vehicle, 2023-2033
- Commercial Vehicle
- Passenger Vehicle
2. By Passenger Vehicle:
- UK EV Charging Equipment Market Value Share and Forecast, By Passenger Vehicle, 2023-2033
- 4-Wheeler
- 2-Wheeler
3. By Application:
- UK EV Charging Equipment Market Value Share and Forecast, By Application, 2023-2033
- Home Chargers
- Portable Chargers
- Private Chargers Station
- Public Charging Station
4. By Type of Chargers:
- UK EV Charging Equipment Market Value Share and Forecast, By Type of Chargers, 2023-2033
- Rapid (22-99kW)
- Ultra-Rapid (100-350kW)
- Slow (3-6kW)
- Fast (7-21kW)
5. By Region:
- UK EV Charging Equipment Market Size and Market Share by Region (2019-2026)
- UK EV Charging Equipment Market Size and Market Share by Region (2027-2033)
- Greater London
- South East
- Scotland
- West Midlands
- Rest of UK
Key Topics Covered in the Report
- UK EV Charging Equipment Market Size (FY’2023-FY’2033)
- Overview of UK EV Charging Equipment Market
- Segmentation of UK EV Charging Equipment Market By Type of Vehicle (Commercial Vehicle, Passenger vehicle)
- Segmentation of UK EV Charging Equipment Market By Passenger Vehicle (4-Wheeler, 2-Wheeler)
- Segmentation of UK EV Charging Equipment Market By Application (Home Chargers, Portable chargers, Private chargers, Public Charging station)
- Segmentation of UK EV Charging Equipment Market By Type of Chargers (Rapid 22-99kW, Ultra-rapid 100-350kW, Slow 3-6KkW, Fast 7-21kW)
- Segmentation of UK EV Charging Equipment Market By Type of Connectors {Type 2 (7 pin), Type 1 (5 pin), CHAdeMO, Tesla (Type 2 & CCS) , CCS}
- Segmentation of UK EV Charging Equipment Market By Type of Entities (CPOs, Manufacturers, Service Providers)
- Segmentation of UK EV Charging Equipment Market By Type of Sales Channels (Direct Sales, Distribution, Online Sale)
- Segmentation of UK EV Charging Equipment Market By Source of Manufacturing (Domestic, Import)
- Statistical Snap of UK EV Charging Equipment Market
- Growth Analysis of UK EV Charging Equipment Market
- Problems and Challenges in UK EV Charging Equipment Market
- Competitive Landscape in the UK EV Charging Equipment Market
- Impact of COVID-19 and Demonetization on UK EV Charging Equipment Market
- Details on Recent Investment in UK EV Charging Equipment Market
- Competitive Analysis of UK EV Charging Equipment Market
- Key Players in the UK EV Charging Equipment Market
- SWOT Analysis of UK EV Charging Equipment Market
- UK EV Charging Equipment Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. 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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the UK EV Charging Equipment Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. UK EV Charging Equipment Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UK EV Charging Equipment Market
7. UK EV Charging Equipment Market, By Type of Vehicle (USD Million)
7.1. UK EV Charging Equipment Market Value Share and Forecast, By Type of Vehicle, 2023-20337.2. Commercial Vehicle7.3. Passenger Vehicle
8. UK EV Charging Equipment Market, By Passenger Vehicle (USD Million)
8.1. UK EV Charging Equipment Market Value Share and Forecast, By Passenger Vehicle, 2023-20338.2. 4-Wheeler8.3. 2-Wheeler
9. UK EV Charging Equipment Market, By Application (USD Million)
9.1. UK EV Charging Equipment Market Value Share and Forecast, By Application, 2023-20339.2. Home Chargers9.3. Portable Chargers9.4. Private Chargers Station9.5. Public Charging Station
10. UK EV Charging Equipment Market, By Type of Chargers (USD Million)
10.1. UK EV Charging Equipment Market Value Share and Forecast, By Type of Chargers, 2023-203310.2. Rapid (22-99kW)10.3. Ultra-Rapid (100-350kW)10.4. Slow (3-6kW)10.5. Fast (7-21kW)
11. UK EV Charging Equipment Market, By Type of Connectors (USD Million)
11.1. UK EV Charging Equipment Market Value Share and Forecast, By Type of Connectors, 2023-203311.2. Type 2 (7 pin)11.3. Type 1 (5 pin)11.4. CHAdeMO11.5. CCS11.6. Tesla ( Type 2 & CCS)
12. UK EV Charging Equipment Market, By Types of Entities (USD Million)
12.1. UK EV Charging Equipment Market Value Share and Forecast, By Type of Entities, 2023-203312.2. CPOs12.3. Manufacturers12.4. Service Providers
13. UK EV Charging Equipment Market, By Types of Sales Channels (USD Million)
13.1. UK EV Charging Equipment Market Value Share and Forecast, By Type of Sales Channel, 2023-203313.2. Direct Sales13.3. Distribution13.4. Online Sale
14. UK EV Charging Equipment Market, By Source of Manufacturing (USD Million)
14.1. UK EV Charging Equipment Market Value Share and Forecast, By Source of Manufacturing, 2023-203314.2. Domestic14.3. Import
15. UK EV Charging Equipment Market Forecast, 2019-2033 (USD Million)
15.1. UK EV Charging Equipment Market Size and Market Share
16. UK EV Charging Equipment Market, By Type of Vehicle, 2019-2033 (USD Million)
16.1. UK EV Charging Equipment Market Size and Market Share by Type of Vehicle (2019-2026)16.2. UK EV Charging Equipment Market Size and Market Share by Type of Vehicle (2027-2033)
17. UK EV Charging Equipment Market, By Passenger Vehicle, 2019-2033 (USD Million)
17.1. UK EV Charging Equipment Market Size and Market Share by Passenger Vehicle (2019-2026)17.2. UK EV Charging Equipment Market Size and Market Share by Passenger Vehicle (2027-2033)
18. UK EV Charging Equipment Market, By Application, 2019-2033 (USD Million)
18.1. UK EV Charging Equipment Market Size and Market Share by Application (2019-2026)18.2. UK EV Charging Equipment Market Size and Market Share by Application (2027-2033)
19. UK EV Charging Equipment Market, By Type of Chargers, 2019-2033 (USD Million)
19.1. UK EV Charging Equipment Market Size and Market Share by Type of Chargers (2019-2026)19.2. UK EV Charging Equipment Market Size and Market Share by Type of Chargers (2027-2033)
20. UK EV Charging Equipment Market, By Type of Connector, 2019-2033 (USD Million)
20.1. UK EV Charging Equipment Market Size and Market Share by Type of Connectors (2019-2026)20.2. UK EV Charging Equipment Market Size and Market Share by Type of Connectors (2027-2033)
21. UK EV Charging Equipment Market, By Type of Entities, 2019-2033 (USD Million)
21.1. UK EV Charging Equipment Market Size and Market Share by Type of Entities (2019-2026)21.2. UK EV Charging Equipment Market Size and Market Share by Type of Entities (2027-2033)
22. UK EV Charging Equipment Market, By Type of Sales Channel, 2019-2033 (USD Million)
22.1. UK EV Charging Equipment Market Size and Market Share by Type of Sales Channel (2019-2026)22.2. UK EV Charging Equipment Market Size and Market Share by Type of Sales Channel (2027-2033)
23. UK EV Charging Equipment Market, By Source of Manufacturing, 2019-2033 (USD Million)
23.1. UK EV Charging Equipment Market Size and Market Share by Source of Manufacturing (2019-2026)23.2. UK EV Charging Equipment Market Size and Market Share by Source of Manufacturing (2027-2033)
24. UK EV Charging Equipment Market, By Region, 2019-2033 (USD Million)
24.1. UK EV Charging Equipment Market Size and Market Share by Region (2019-2026)24.2. UK EV Charging Equipment Market Size and Market Share by Region (2027-2033)24.3. Greater London24.4. South East24.5. Scotland24.6. West Midlands24.7. Rest of UK
25. Company Profile
25.1. BP Pulse
25.1.1. Company details25.1.2. Financial outlook25.1.3. Product summary25.1.4. Recent developments
25.2. Charge Place Scotland
25.2.1. Company details25.2.2. Financial outlook25.2.3. Product summary25.2.4. Recent developments
25.3. Connected kerb
25.3.1. Company details25.3.2. Financial outlook25.3.3. Product summary25.3.4. Recent developments
25.4. Genie Point
25.4.1. Company details25.4.2. Financial outlook25.4.3. Product summary25.4.4. Recent developments
25.5. GridServe
25.5.1. Company details25.5.2. Financial outlook25.5.3. Product summary25.5.4. Recent developments
25.6. Insta Volt ltd
25.6.1. Company details25.6.2. Financial outlook25.6.3. Product summary25.6.4. Recent developments
25.7. Mer
25.7.1. Company details25.7.2. Financial outlook25.7.3. Product summary25.7.4. Recent developments
25.8. Osprey Charging
25.8.1. Company details25.8.2. Financial outlook25.8.3. Product summary25.8.4. Recent developments
25.9. Pod Point
25.9.1. Company details25.9.2. Financial outlook25.9.3. Product summary25.9.4. Recent developments
25.10. Source London
25.10.1. Company details25.10.2. Financial outlook25.10.3. Product summary25.10.4. Recent developments
25.11. Tesla
25.11.1. Company details25.11.2. Financial outlook25.11.3. Product summary25.11.4. Recent developments
25.12. Ubitricity
25.12.1. Company details25.12.2. Financial outlook25.12.3. Product summary25.12.4. Recent developments
25.13. Others
26. List of Abbreviations
27. Reference Links
28. Conclusion
29. 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
UK EV Charging Equipment Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
UK EV Charging Equipment Market grew in market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
UK EV Charging Equipment Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
UK EV Charging Equipment Market size is USD XX billion from 2023 to 2033.
UK EV Charging Equipment Market Segment is covered By Type of Vehicle, By Passenger Vehicle, By Application, By Types of Chargers, By Types of Connectors, By Types of Entities, By Types of Sales Channel.
The Europe region is anticipated to have the highest market share in the UK EV Charging Equipment Market.
The key players in the market include Companies Covered BP Pulse, Charge Place Scotland, Connected Kerb, Genie Point, Gridserve, Insta Volt ltd, Mer, Osprey Charging, Pod Point, Source London, Tesla, Ubitricity.
charging an electric vehicle is as simple as plugging the charging wire into the automobile and the charging station. This equipment is critical for the widespread usage of electric vehicles, as it provides simple and dependable charging choices, particularly in public places.
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