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Expecting 33% CAGR Growth, Global Electric Vehicle Charging Station Market Size & Share Will Grow to USD 70 Billion by 2026

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Expecting 33% CAGR Growth, Global Electric Vehicle Charging Station Market Size & Share Will Grow to USD 70 Billion by 2026

June 17
20:30 2021
Expecting 33% CAGR Growth, Global Electric Vehicle Charging Station Market Size & Share Will Grow to USD 70 Billion by 2026
According to the [197+ Pages Report] from Facts and Factors, a Market Research study concludes that the global Electric Vehicle Charging Station Market Size & share is expected to grow at a CAGR of 33% between 2020 and 2026. The market revenue of US $9.24 Billion in 2019 is expected to grow up to US $70 Billion by 2026. The high demand from EV fleet operators for charging infrastructure is expected to fuel the electric vehicle charging station market.

According to the [197+ Pages Report] from Facts and Factors, a Market Research study concludes that the global Electric Vehicle Charging Station Market size & share is expected to grow at a CAGR of 33% between 2020 and 2026. The market revenue of US $9.24 Billion in 2019 is expected to grow up to US $70 Billion by 2026. The high demand from EV fleet operators for charging infrastructure is expected to fuel the electric vehicle charging station market.

Global Electrical Vehicle Charging Station Market: Overview

Adoption rates and interest in EVs are increasing among consumers across the world. Increasing investment in battery systems and high stakes in environment-friendly technology is driving the interest of automakers in electric vehicles. Moreover, governments of the countries are devising policies to increase the adoption rate of the EV. However, if we forecast the expected EV growth rate with corresponding units of electricity and average run time of vehicles, it is observed that high investments in EV charging stations are essential. This charging infrastructure can be built at home, offices, and in public spaces.

Request Your Free Sample Report of Global Electric Vehicle Charging Station Market @ https://www.fnfresearch.com/sample/electrical-vehicle-charging-station-market

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 195+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

 

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Companies

  • ChargePoint Inc.
  • ABB
  • bpChargemaster
  • Webasto Thermo & Comfort
  • Shell International B.V.
  • Schneider Electric
  • Blink Charging Co.
  • Groupe Renault
  • Phihong USA Corp.
  • EV Safe Charge Inc.
  • Eaton.
  • Tata Power.
  • Tesla
  • SemaConnect Inc.
  • Daimler AG.
  • Siemens
  • EVgo Services LLC.
  • ENGIE EV Solutions

 

To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/electrical-vehicle-charging-station-market

Global Electrical Vehicle Charging Station Market: Growth Factors

High Demand from EV Fleet Operators for Charging Infrastructure

The important driving factor for the growth of the market is the potential market of providing charging services to EV fleet operators. It assists in reducing the managing and procuring cost of charging services. Assuming widespread EV adoption and increased growth opportunities for the fleet operators will converge and increase the demand for charging infrastructure in the forecast period. However, one of the major challenges for the charging station operator is the reduction in the time of charging the vehicle.

Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/electrical-vehicle-charging-station-market

APAC Region Projected To Dominate Global Electric Vehicle Charging Station Market Growth

The largest market is expected to be the Asia Pacific. During the forecast period, the Asia Pacific market is expected to be driven by the large-scale growth of EV charging networks in China, increasing demand for affordable electric vehicles for everyday use, and governments supporting electric vehicles. China’s rapidly expanding economy is propelling the country’s electrification. The governments of Japan and Korea have both announced plans to significantly increase the number of electric vehicle charging stations in their respective countries in the coming years. The Indian government has also announced plans to build 69,000 electric vehicle charging stations across the country as part of its first phase of EV infrastructure expansion, with a demand of 4 lakh charging stations anticipated by 2026.

Browse detail report with in-depth TOC @ https://www.fnfresearch.com/electrical-vehicle-charging-station-market

The global Electric Vehicle Charging Station Market is segmented as follows:

By Level of Charging:

  • Level 1
  • Level 2
  • Level 3

 

By Charging Infrastructure:

  • Normal Charge
  • Type-2
  • CCS
  • CHAdeMO
  • Tesla Supercharger

 

By Application

  • Commercial
  • Residential

 

About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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