Electric Vehicle (EV) Charging Equipment Market: By End User, Commercial, Outdoor, Regional Analysis and Forecast 2023-2

The Global Electric Vehicle (EV) Charging Equipment Market is anticipated to develop at a significant growth rate over the analysis period, and for the market estimations, 2022 is considered the base year.

EV charging equipment is an electronic device that provides electric energy from a power source to recharge an electric vehicle, such as a plug-in electric vehicle such as a passenger electric car or a light commercial vehicle. Furthermore, EV Charging equipment serves as a vital link between an electrical source and an electric vehicle with depleted battery power. EV charging equipment is typically in the form of a fixture that is directly connected to an electrical distribution panel or, in some cases, an electrical outlet. Furthermore, EV charging equipment is eco-friendly and simple to use, providing protection against sparks and shocks while plugging in or charging the vehicle.

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The global Electric Vehicle (EV) Charging Equipment Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Electric Vehicle (EV) Charging Equipment industry.

Top Key Players Covered Electric Vehicle (EV) Charging Equipment Market: -

Blink Charging Co., NEMA, ABB, General Electric, Siemens Corporation, Etrel, TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Garo, Liquid Sky Technologies, Qualcomm Halo, Leviton Manufacturing Co. Inc., Eaton Corporation, Fuji Electric co. Ltd., Bosch Automotive Service Solutions Inc., Andromeda Power LLC, Delphi Automotive PLC and Other Major Players.

Segmentation of Electric Vehicle (EV) Charging Equipment Market: -

By Charger Type             

  • DC Charger
  • AC Charger

By Application 

  • BEV
  • HEV
  • PHEV

By End Users    

  • Residential Charging Stations
  • Commercial Charging Stations

 By Region         

  • North America (US, Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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COVID-19 Impact Analysis on Electric Vehicle (EV) Charging Equipment Market

COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Electric Vehicle (EV) Charging Equipment business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.

Report Includes Competitor's Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures and Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

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Akshit Shetty

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