Electric Vehicle Charging Station Market

1

• The global electric vehicle (EV) charging station
  market size is set to gain momentum from the
  rising number of electric vehicles across the
  world. It would, in turn, affect the capabilities
  of charging stations, namely, load profiles,
  generation capacity, and transformer loading
  levels. Additionally, technological advancement
  in wide-area communication technology would
  affect the market positively. This information
  is provided by Fortune Business Insights in a
  recently published report, titled, Global
  Electric Vehicle Charging Station Market Size,
  Share Industry Analysis, By Charger Type
  (Fast, Slow/ Moderate), By Application
  (Commercial, Residential), and Regional
  Forecasts, 2019-2026. The report further states
  that the Electric Vehicle Charging Station Market
  size is projected to reach USD 264.80 billion by
  2026, exhibiting a CAGR of 31.1 during the
  forecast period. However, it stood at USD 27.21
  billion in 2018.
• This Report Answers the Following Questions
• What are the Electric Vehicle Charging Stations
  Market trends and growth drivers?
• How many segments does the market contain?
• What are the opportunities and challenges that
  the market may face?
• How are the key players keeping up with the
  changing consumer behavior?
• What are the latest industry developments?
• Rising Production Sales of Electric Vehicles to
  Accelerate Growth
• The governments of several countries are
  providing vehicle manufacturers with subsidies
  for buying electric vehicles. In addition to
  that, they are offering tax exemption, quotas,
  subsidies, and rebates. Both these factors are
  resulting in the high production and sales of
  electric vehicles worldwide. Besides, owing to
  increasing pollution, the governments are putting
  forward stringent rules to curb emissions in the
  atmosphere and promoting the usage of electric
  vehicles. All these factors are set to drive the
  EV charging station market growth during the
  forthcoming years.
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  sample-pdf/electric-vehicle-ev-charging-stations-m
  arket-102058

• List of Best Players Fortune Business Insights
  lists out in Electric Vehicle Charging Station
  Market are as follows
• Shell International B.V.
• Tesla, Inc.
• Eaton
• Schneider Electric
• ChargePoint, Inc.
• Webasto Group
• BP Chargemaster
• EVBox
• Siemens AG
• Other key market players
• Government Initiatives to Install Charging
  Stations Will Favor Growth in Asia Pacific
• In terms of region, the market is grouped into
  Latin America, the Middle East and Africa, North
  America, Europe, and Asia Pacific. Amongst them,
  Asia Pacific is expected to lead throughout the
  forecast period. China is likely to play a vital
  role in propeling the growth in this region. It
  would occur as the government of China is
  implementing national policies for the
  development of charging stations. In Japan and
  South Korea, the market would grow steadily
  because of the expansion of the electric vehicle
  industry.
• Europe, on the other hand, held USD 8.49 billion
  Electric Vehicle Charging Station Market revenue
  in 2018. This growth is attributable to the
  increasing initiative by the governments of
  numerous European countries to install charging
  stations at a distance of 100 kilometers on the
  national highway. North America would grow
  exponentially on account of the vast charging
  network of automotive manufacturers present
  throughout the U.S.

2

• VW Deploys New Charging Stations ChargePoint
  SFMTA Collaborate to Support Electric Buses
• The market consists of various big, medium, and
  small enterprises that are engaging in the
  strategy of partnership with other renowned
  companies to bring about unique products to
  reduce pollution and meet the increasing demand
  for energy. They are also trying to gain maximum
  Electric Vehicle Charging Station Market share.
  Below are a couple of the key industry
  developments
• January 2020 Volkswagen (VW), a German automaker
  company, announced the installation of its
  latest electric car charging stations at nine
  locations in Germany. The stations are equipped
  with gigantic integrated batteries to keep them
  online during a power outage and manage the
  increasing demand for power. They feature 360 kWh
  of energy storage and a charge rate of up to 100
  Kw. They can be installed anywhere- no matter
  whether at the stadium, at festivals, or outside
  a mall.
• October 2019 ChargePoint, an electric vehicle
  infrastructure company based in California,
  partnered up with San Francisco Municipal
  Transportation Agency (SFMTA) to deploy high-
• powered charging infrastructure for supporting
  the latters transition to battery-electric
  buses. The companys state-of-the-art charging
  architecture, called Express Plus, will fuel the
  first electric buses in San Francisco by the
  beginning of 2020.
• For more information in the analysis of this
  report,
• visit https//www.fortunebusinessinsights.com/ele
  ctric-vehicle-ev-charging-stations-
  market-102058
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