The electric vehicle charging station market was valued at US$3.512 billion in 2017 and is projected to expand at a CAGR of 33.61% over the forecast period to reach US$19.967 billion by 2023. The increasing adoption of electric vehicles globally caused by the government efforts to reduce emission and focus on the renewable sources of energy has to the growth of the electric vehicle charging station market.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of electric vehicle charging station. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Segmentation

Segments covered under the electric vehicle charging stations market report are as below:

By Product Type
Home Charging System
Commercial Charging Station
By Charging Mode
Regular EV Charging Station
Rapid EV Charging Station
Range Extension EV Charging Station
By Application
Commercial
Residential
By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

Key industry players profiled as part of this report are ABB Ltd., Hong Kong EV Power, SORO Electronics, General Electric, Delphi Automotive, Aerovironment, Inc., and Elektromotive Ltd.