The analysts forecast global electric vehicle charger market to grow at a CAGR of 29.38% during the period 2016-2020.
An electric vehicle charging station (EVCS) supplies the electricity required to recharge batteries in electric vehicles. EVCS are also called electric vehicle charging stations/systems, electric vehicle supply equipment (EVSE), and electric charging points.
Various modes of charging are available, including home chargers, commercial/public charging stations, and workplace charging stations.
An electric vehicle charger is of three types:
- AC (alternating current) charger
- DC (direct current) charger
- Wireless chargers
This report covers the present scenario and the growth prospects of the global electric vehicle charger market for 2016-2020. To calculate the market size, the report considers the global total stock of electric vehicle chargers in 2015 and estimated the stock until 2020.
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The market is divided into the following segments based on geography:
The report, Global Electric Vehicle Charger Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- ABB Ltd.
- Leviton Manufacturing Co. Inc.
- Plugin Now (Bosch Group)
- Evatran Group (Plugless)
- Siemens AG
Other prominent vendors
- Delphi Automotive
- POD Point
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- Government initiatives for development of electric vehicle charging infrastructure
- Lack of infrastructure in potential markets
- Focus on reducing charging time
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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