ELECTRIC VEHICLE CHARGERS MARKET
Global Opportunity Analysis and Industry Forecast, 2017-2023
Pages : 163 Publish Date: Nov 2017
ELECTRIC VEHICLE CHARGERS MARKET
Asia-Pacific is expected to lead the global electric vehicle chargers market throughout the forecast period, followed by North America. LAMEA is expected to grow at a lowest rate during the forecast period. Furthermore, China dominates the electric vehicle chargers market in Asia-Pacific, similarly, the U.S. dominates the electric vehicle charger market in North America and UK leads the electric vehicle chargers market in European region
Manish Kashyap Lead Analyst, Semiconductors & Transportation at AMR.
ELECTRIC VEHICLE CHARGERS MARKET OVERVIEW • The Global Electric Vehicle Chargers Market was valued at $163 billion in 2016, and is projected to reach at $1,786 billion by 2023, growing at a CAGR of 37.5% from 2017 to 2023. Commercial users segment led the electric vehicle chargers market by end user in 2016. However, residential users segment is anticipated to depict highest CAGR throughout the forecast period. • Government regulations regarding the use of electric vehicles to curb the environmental pollution drives the demand for electric vehicles, which boosts the market. Further, rise in demand for electric vehicles is also expected to fuel the market growth. However, high price of such electric vehicles and lack of presence EV chargers at public places is anticipated to hinder the growth of the market.
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ELECTRIC VEHICLE CHARGERS MARKET KEY BENEFITS
• On-board chargers generated the highest revenue of the global electric vehicle chargers market in 2016. • In 2016, the hybrid electric vehicle type generated the highest revenue among the electric vehicle chargers market. • Asia-Pacific is anticipated to exhibit a highest CAGR during the forecast period. • In 2016, the commercial end user segment contributed the highest market shares in the electric vehicles chargers market.
ELECTRIC VEHICLE CHARGERS MARKET BY GEOGRAPHY
ELECTRIC VEHICLE CHARGERS MARKET BY END USER
TOP IMPACTING FACTORS
KEY PLAYERS IN INDUSTRY • • • • • • • • • •
ABB Ltd. Robert Bosch GmbH Siemens AG Delphi Automotive Chroma ATE Aerovironment Inc. Silicon Laboratories Chargemaster PLC Schaffner Holdings AG POD Point
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ELECTRIC VEHICLE CHARGERS MARKET SEGMENTS • By Vehicle Type • Battery Electric Vehicles (BEV) • Plug-in Electric Vehicles (PHEV) • Hybrid Electric Vehicles (HEV) ELECTRIC VEHICLE CHARGERS MARKET
• By Charging Type • On-Board Chargers • Off-Board Chargers • By End User • Residential • Commercial
ELECTRIC VEHICLE CHARGERS MARKET BY GEOGRAPHY North America, Europe, Asia-Pacific, LAMEA
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