Vietnam EV Charging Infrastructure Market Growth, Size, Trends, Revenue, Share and Future Scope: SPER Market Research

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Published: Aug 2023	Report ID: AMIN23133	Pages: 1 - 107	Formats^*:
Category : Automotive & Transportation

Vietnam EV Charging Infrastructure Market Introduction and Overview

According to SPER Market Research, the Vietnam EV Charging Infrastructure Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.

The report includes an in-depth analysis of the Vietnam EV Charging Infrastructure Market, including market size and trends, product mix, distribution channels, and supplier analysis. The EV charging infrastructure pertains to the system of charging stations and associated facilities facilitating the recharging of electric vehicles (EVs). Recent years have witnessed substantial expansion in the EV charging infrastructure sector, driven by the global surge in electric vehicle adoption. EVs have garnered notable attention as an eco-friendly transportation option, aimed at curbing carbon emissions and lessening reliance on fossil fuels. With the ongoing uptick in EV usage, the establishment of a reliable and efficient EV charging network becomes increasingly vital.

As per CRI's projections, Vietnam is expected to reach a milestone of one million electric vehicles by 2028, and this figure is anticipated to surge to 3.5 million by the year 2040.

Market Opportunities and Challenges

While the electric vehicle market in Vietnam may not have garnered as much notice as in neighboring countries or on the global stage, this doesn't imply a lack of opportunities. Electric vehicles represent an unstoppable trend and are poised to become the future of transportation as governments worldwide embrace clean energy and environmental conservation. Vietnam's growing EV adoption, fuelled by government incentives and environmental concerns, presents a sizable market for EV charging infrastructure suppliers. These chances are further improved by the government's dedication to creating a helpful regulatory environment and funding eco-friendly transportation programmes.

Nonetheless, various challenges remain. Some EV charging stations may be designed to accommodate specific voltage levels. Therefore, the absence of standardized protocols within the existing EV charging infrastructure could potentially impede the future expansion of Vietnam's electric vehicle charging infrastructure market. Furthermore, a significant barrier lies in the necessity for substantial investments in developing the charging infrastructure. Establishing an extensive and effective charging network demands substantial financial resources and logistical planning.

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Market Competitive Landscape

Prominent entities in the Vietnam electric vehicle charging infrastructure sector include VinFast, Vietnam Oil & Gas Group (PVOIL), HGPT Mechanical, Electricity of Vietnam's Central Power Corporation, Mitsubishi Motors Vietnam, among others. These leading firms are actively engaged in the development of cutting-edge technologies and the introduction of innovative services to maintain their competitiveness within the market. Other competitive tactics encompass activities like mergers and acquisitions, as well as the launch of novel services.

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, By Vehicle Type, By Installed Location, By Charging Mode, By Connector Type, By Type of Charging
Regions covered	Central Vietnam, Northern Vietnam, Southern Vietnam
Companies Covered	Electricity of Vietnam’s Central Power Corporation, HGPT Mechanical, Mitsubishi Motors Vietnam, Vietnam Oil & Gas Group (PVOIL), VinFast, Others

COVID-19 Impact on Vietnam EV Charging Infrastructure Market

The COVID-19 pandemic had a significant impact on the Vietnam EV charging infrastructure market. During the outbreak, economic slowdowns and restrictions on movement reduced the overall demand for electric vehicles and subsequently slowed the expansion of charging infrastructure. Additionally, supply chain disruptions and financial uncertainties delayed infrastructure development projects. However, as the pandemic recedes and the country resumes economic activities, there is a growing recognition of the importance of electric vehicles for sustainability. This awareness, coupled with government support and incentives for EV adoption, is expected to drive a recovery in the Vietnam EV charging infrastructure market in the coming years.

Key Target Audience

Electric Vehicle Charging Infrastructure Manufacturing Companies
Government bodies such as regulating authorities and policy makers
Market Research and Consulting Firms
Organizations, forums, and alliances related to electric vehicle charging infrastructure market

Our in-depth analysis of the Vietnam EV Charging Infrastructure Market includes the following segments:

By Type:	AC (Alternating Current) DC (Direct Current)
By Vehicle Type:	Commercial Vehicle Passenger Car Two-Wheeler
By Installed Location:	Commercial Residential
By Charging Mode:	Plug-in Wireless
By Connector Type:	CCS CHAdeMO Type 1 Type 2 UK 3-Pin Others

Key Topics Covered in the Report

Vietnam EV Charging Infrastructure Market Size (FY’2023-FY’2033)
Overview of Vietnam EV Charging Infrastructure Market
Segmentation of Vietnam EV Charging Infrastructure Market By Type (AC, DC)
Segmentation of Vietnam EV Charging Infrastructure Market By Vehicle Type (Commercial Vehicle, Passenger Car, Two-Wheeler)
Segmentation of Vietnam EV Charging Infrastructure Market By Installed Location (Commercial, Residential)
Segmentation of Vietnam EV Charging Infrastructure Market By Charging Mode (Plug-in, Wireless)
Segmentation of Vietnam EV Charging Infrastructure Market By Connector Type (CCS, CHAdeMO, Type 1, Type 2, UK 3-Pin, Others)
Segmentation of Vietnam EV Charging Infrastructure Market By Type of Charging (Fast, Slow)
Statistical Snap of Vietnam EV Charging Infrastructure Market
Expansion Analysis of Vietnam EV Charging Infrastructure Market
Problems and Obstacles in Vietnam EV Charging Infrastructure Market
Competitive Landscape in the Vietnam EV Charging Infrastructure Market
Impact of COVID-19 and Demonetization on Vietnam EV Charging Infrastructure Market
Details on Current Investment in Vietnam EV Charging Infrastructure Market
Competitive Analysis of Vietnam EV Charging Infrastructure Market
Prominent Players in the Vietnam EV Charging Infrastructure Market
SWOT Analysis of Vietnam EV Charging Infrastructure Market
Vietnam EV Charging Infrastructure 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 Vietnam EV Charging Infrastructure 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. Vietnam EV Charging Infrastructure Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam EV Charging Infrastructure Market

7. Vietnam EV Charging Infrastructure Market, By Type (USD Million)

7.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Type, 2023-2033
7.2. AC (Alternating Current)
7.3. DC (Direct Current)

8. Vietnam EV Charging Infrastructure Market, By Vehicle Type (USD Million)

8.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Vehicle Type, 2023-2033
8.2. Commercial Vehicle
8.3. Passenger Car
8.4. Two-Wheeler

9. Vietnam EV Charging Infrastructure Market, By Installed Location (USD Million)

9.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Installed Location, 2023-2033
9.2. Commercial
9.3. Residential

10. Vietnam EV Charging Infrastructure Market, By Charging Mode (USD Million)

10.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Charging Mode, 2023-2033
10.2. Plug-in
10.3. Wireless

11. Vietnam EV Charging Infrastructure Market, By Connector Type (USD Million)

11.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Connector Type, 2023-2033
11.2. CCS
11.3. CHAdeMO
11.4. Type 1
11.5. Type 2
11.6. UK 3-Pin
11.7. Others

12. Vietnam EV Charging Infrastructure Market, By Type of Charging (USD Million)

12.1. Vietnam EV Charging Infrastructure Market Value Share and Forecast, By Type of Charging, 2023-2033
12.2. Fast
12.3. Slow

13. Vietnam EV Charging Infrastructure Market Forecast, 2019-2033 (USD Million)

13.1. Vietnam EV Charging Infrastructure Market Size and Market Share

14. Vietnam EV Charging Infrastructure Market, By Type, 2019-2033 (USD Million)

14.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Type (2019-2026)
14.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Type (2027-2033)

15. Vietnam EV Charging Infrastructure Market, By Vehicle Type, 2019-2033 (USD Million)

15.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Vehicle Type (2019-2026)
15.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Vehicle Type (2027-2033)

16. Vietnam EV Charging Infrastructure Market, By Installed Location, 2019-2033 (USD Million)

16.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Installed Location (2019-2026)
16.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Installed Location (2027-2033)

17. Vietnam EV Charging Infrastructure Market, By Charging Mode, 2019-2033 (USD Million)

17.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Charging Mode (2019-2026)
17.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Charging Mode (2027-2033)

18. Vietnam EV Charging Infrastructure Market, By Connector Type, 2019-2033 (USD Million)

18.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Connector Type (2019-2026)
18.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Connector Type (2027-2033)

19. Vietnam EV Charging Infrastructure Market, By Type of Charging, 2019-2033 (USD Million)

19.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Type of Charging (2019-2026)
19.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Type of Charging (2027-2033)

20. Vietnam EV Charging Infrastructure Market, By Region, 2019-2033 (USD Million)

20.1. Vietnam EV Charging Infrastructure Market Size and Market Share By Region (2019-2026)
20.2. Vietnam EV Charging Infrastructure Market Size and Market Share By Region (2027-2033)
20.3. Central Vietnam
20.4. Northern Vietnam
20.5. Southern Vietnam

21. Company Profile

21.1. Electricity of Vietnam’s Central Power Corporation

21.1.1. Company details
21.1.2. Financial outlook
21.1.3. Product summary
21.1.4. Recent developments

21.2. HGPT Mechanical

21.2.1. Company details
21.2.2. Financial outlook
21.2.3. Product summary
21.2.4. Recent developments

21.3. Mitsubishi Motors Vietnam

21.3.1. Company details
21.3.2. Financial outlook
21.3.3. Product summary
21.3.4. Recent developments

21.4. Vietnam Oil & Gas Group (PVOIL)

21.4.1. Company details
21.4.2. Financial outlook
21.4.3. Product summary
21.4.4. Recent developments

21.5. VinFast

21.5.1. Company details
21.5.2. Financial outlook
21.5.3. Product summary
21.5.4. Recent developments

21.6. Others

22. List of Abbreviations

23. Reference Links

24. Conclusion

25. 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

Which region is expected to have the highest market share in the Vietnam EV Charging Infrastructure Market?

The Asia-Pacific is anticipated to have the highest market share in the Vietnam EV Charging Infrastructure Market.

Who are the key players in Vietnam EV Charging Infrastructure Market?

The key players in the market include Companies CoveredElectricity of Vietnam’s Central Power Corporation, HGPT Mechanical, Mitsubishi Motors Vietnam, Vietnam Oil & Gas Group (PVOIL), VinFast, Others.

How big is the Vietnam EV Charging Infrastructure Market?

Vietnam EV Charging Infrastructure Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.

What is the growth rate of the Vietnam EV Charging Infrastructure Market?

Vietnam EV Charging Infrastructure 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.

What is the anticipated CAGR of the Vietnam EV Charging Infrastructure Market?

Vietnam EV Charging Infrastructure Market CAGR of XX% during the forecast period.

How can I get a sample report on the Vietnam EV Charging Infrastructure Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Vietnam EV Charging Infrastructure Market?

Vietnam EV Charging Infrastructure Market size is USD XX billion from 2023 to 2033.

Which segment is expected to Vietnam EV Charging Infrastructure Market?

Vietnam EV Charging Infrastructure Market Segment is covered By Type, By Vehicle Type, By Installed Location, By Charging Mode, By Connector Type, By Type of Charging.

What is the conclusion of the Vietnam EV Charging Infrastructure Market?

The EV charging infrastructure pertains to the system of charging stations and associated facilities facilitating the recharging of electric vehicles (EVs). Recent years have witnessed substantial expansion in the EV charging infrastructure sector, driven by the global surge in electric vehicle adoption.