Published by Coherent Market Insights
Posted on September 16, 2021
Electric Vehicle Charger
United States/WA: Electric Vehicle Charger Market Will Boom In Near Future
Report Pages:[130 Pages]
Major competitors operating in the global electric vehicle charger market are AeroVironment, Inc., Webasto SE, ABB, Tesla, Inc., BP Chargemaster, Siemens AG, ChargePoint, Inc., Schneider Electric, ClipperCreek, Inc., SemaConnect, Inc., Eaton Corp., Leviton Manufacturing Co., Inc., and General Electric Company.
An Electric Vehicle Charger, also known as an EV charger, electric, rapid recharging system, rapid charging system, electric rapid recharging system, and electric rapid electric vehicle (EV) kit, is a small device that is connected to the car’s battery to recharge it while the car is parked. A plug-in hybrid electric vehicle (PHEV), on the other hand, uses electricity from the power company instead of gasoline. Both types are clean and eco-friendly. An electric vehicle charger can be small and unobtrusive.
Increasing sales of electric vehicles (EV) worldwide are expected to drive growth of the global electric vehicle charger market. According to the International Energy Agency (IEA), in 2019, electric car sales reached 2.1 million globally, registering a growth rate of 2.6%. According to the Edison Electric Institute (EEI), as of March 2019, there were around 1.18 million electric vehicles on U.S. roads, with EV sales increasing by 81% in 2018 as compared to 2017. Consumers are increasingly preferring electric vehicles over conventional gasoline-fueled vehicles due to rising prices of fossil fuels and growing awareness regarding carbon emission. As a result of this, the demand for electric vehicle chargers is accelerating rapidly. Hence, these factors are expected to drive growth of the global electric vehicle charger market. Furthermore, supportive government policies and subsidies are expected to boost the global electric vehicle charger market growth in the near future.
Lack of standardization in charging infrastructure combined with inadequate power grid infrastructure is expected to hamper the global electric vehicle charger market growth in the near future. Besides, the high cost of EVs as compared to internal combustion engine (ICE) vehicles is expected to restrain growth of the market.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1556
However, the rising construction of EV charging stations powered by renewable sources can present lucrative growth opportunities in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global electric vehicle charger market. This is owing to increasing government investment in the development of charging infrastructure in the region. Furthermore, Europe is expected to register a robust growth rate, owing to growing efforts to reduce carbon footprint by numerous European countries.
Lack of standardization in charging infrastructure combined with inadequate power grid infrastructure is expected to hamper the global electric vehicle charger market growth in the near future. Besides, the high cost of EVs as compared to internal combustion engine (ICE) vehicles is expected to restrain growth of the market. However, rising construction of EV charging stations powered by renewable sources can present lucrative growth opportunities in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global electric vehicle charger market. This is owing to increasing government investment in the development of charging infrastructure in the region. Furthermore, Europe is expected to register a robust growth rate, owing to growing efforts to reduce carbon footprint by numerous European countries.
Global Electric Vehicle Charger (EVC) Market: Taxonomy
On basis of Vehicle Type
On basis of Charging Type
On basis of End Users
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People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Global Electric Vehicle Charger Market is expanding rapidly with Leading EV Manufacturer Tesla Inc. launching fast electric car charging in Berlin, Germany appeared first on Gatorledger.
Electric Vehicle Charger
United States/WA: Electric Vehicle Charger Market Will Boom In Near Future
Report Pages:[130 Pages]
Major competitors operating in the global electric vehicle charger market are AeroVironment, Inc., Webasto SE, ABB, Tesla, Inc., BP Chargemaster, Siemens AG, ChargePoint, Inc., Schneider Electric, ClipperCreek, Inc., SemaConnect, Inc., Eaton Corp., Leviton Manufacturing Co., Inc., and General Electric Company.
An Electric Vehicle Charger, also known as an EV charger, electric, rapid recharging system, rapid charging system, electric rapid recharging system, and electric rapid electric vehicle (EV) kit, is a small device that is connected to the car’s battery to recharge it while the car is parked. A plug-in hybrid electric vehicle (PHEV), on the other hand, uses electricity from the power company instead of gasoline. Both types are clean and eco-friendly. An electric vehicle charger can be small and unobtrusive.
Increasing sales of electric vehicles (EV) worldwide are expected to drive growth of the global electric vehicle charger market. According to the International Energy Agency (IEA), in 2019, electric car sales reached 2.1 million globally, registering a growth rate of 2.6%. According to the Edison Electric Institute (EEI), as of March 2019, there were around 1.18 million electric vehicles on U.S. roads, with EV sales increasing by 81% in 2018 as compared to 2017. Consumers are increasingly preferring electric vehicles over conventional gasoline-fueled vehicles due to rising prices of fossil fuels and growing awareness regarding carbon emission. As a result of this, the demand for electric vehicle chargers is accelerating rapidly. Hence, these factors are expected to drive growth of the global electric vehicle charger market. Furthermore, supportive government policies and subsidies are expected to boost the global electric vehicle charger market growth in the near future.
Lack of standardization in charging infrastructure combined with inadequate power grid infrastructure is expected to hamper the global electric vehicle charger market growth in the near future. Besides, the high cost of EVs as compared to internal combustion engine (ICE) vehicles is expected to restrain growth of the market.
Request a sample copy of the report to understand the structure of the complete report:
https://www.coherentmarketinsights.com/insight/request-sample/1556
However, the rising construction of EV charging stations powered by renewable sources can present lucrative growth opportunities in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global electric vehicle charger market. This is owing to increasing government investment in the development of charging infrastructure in the region. Furthermore, Europe is expected to register a robust growth rate, owing to growing efforts to reduce carbon footprint by numerous European countries.
Lack of standardization in charging infrastructure combined with inadequate power grid infrastructure is expected to hamper the global electric vehicle charger market growth in the near future. Besides, the high cost of EVs as compared to internal combustion engine (ICE) vehicles is expected to restrain growth of the market. However, rising construction of EV charging stations powered by renewable sources can present lucrative growth opportunities in the near future. Among regions, Asia Pacific is expected to witness significant growth in the global electric vehicle charger market. This is owing to increasing government investment in the development of charging infrastructure in the region. Furthermore, Europe is expected to register a robust growth rate, owing to growing efforts to reduce carbon footprint by numerous European countries.
Global Electric Vehicle Charger (EVC) Market: Taxonomy
On basis of Vehicle Type
On basis of Charging Type
On basis of End Users
Go Through Our Trusted Clients List: https://www.coherentmarketinsights.com/trusted-by
People Also Search For Following Reports:
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Global Electric Vehicle Charger Market is expanding rapidly with Leading EV Manufacturer Tesla Inc. launching fast electric car charging in Berlin, Germany appeared first on Gatorledger.
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