The global electric vehicle charger market is projected to grow at a CAGR of over 20%during the forecast period (2019-2025). Asia-Pacific is estimated to exhibit lucrative growth in the global market. Economies such as China, India, and Japan contribute significantly to the growth of the market. Supportive government support is one of the major factors to drive the growth of the global electric vehicle charger industry.
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The Government of India aims to make India an electric vehicle nation by 2030. As a part of this target, Union Transport Minister Nitin Gadkari announced in November 2020 to set up the infrastructure for one e-charging kiosk at around 69K petrol stations across India. The government has also announced to cut GST to 5% to promote electric vehicles.
Market Coverage
- Market number available for – 2018-2025
- Base year- 2018
- Forecast period- 2019-2025
- Segment Covered- By Ownership, By Charger Technology, By Connector Type
- Region Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- ABB Ltd., Tesla, Inc., Webasto SE, ABB Ltd., Chargemaster Ltd., ChargePoint, Inc., Delta Electronics Inc., Eaton Corp., Ecotap B.V., Efacec Electric Mobility, S.A, Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, SemaConnect, Inc., and Siemens AG.
Key Questions Addressed by the Report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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A full Report of Global Electric Vehicle Charger Market is Available at: https://www.omrglobal.com/industry-reports/electric-vehicle-charger-market
Global Electric Vehicle Charger Market Report Segment
By Ownership
- Public
- Private
By Charger Type
- Slow Charger
- Fast Charger
By Connector Type
- AC Connector
- DC Connector
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
