Brazil electric vehicle charger market is anticipated to grow at a CAGR of over 12.0% during the forecast period, 2019-2025. Brazil is a small market for the electric vehicle charger market as electric vehicle sales are low in Brazil as compared to other countries. As per the International Energy Agency, around 430 electric cars were sold in Brazil in 2018 as compared to 360 in 2017. However, people in the country still prefer IC engine vehicles over the electric vehicle due to the absence of any major subsidy on electric vehicle or government target of employing electric vehicles on the road. In 2018, there were only 460 publicly accessible chargers in the country out of which only 5 were fast chargers. A new regulation was approved in June 2018 by the Brazilian Electricity Regulatory Agency (ANEEL) to simplify the new regulation for the installation of electric vehicle charging stations in the country. This is likely to transform the electric vehicle charger industry of the country.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Brazil Electric Vehicle Charger Market Report Segment
By Ownership
- Public
- Private
By Charger type
- Slow charger
- Fast charger
By Connector
- AC Connectors
o Type 1
o Type 2
o Other (Domestic Socket)
- DC Connectors
o CHAdeMO
o Combined Charging Systems
o Type 2 (Tesla)
The Report Covers
- Comprehensive research methodology of Brazil electric vehicle charger market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting Brazil electric vehicle charger market.
- Insights about market determinants that are stimulating Brazil electric vehicle charger market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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