European electric vehicle charger market is forecast to grow at a CAGR of over 20.0% during the forecast period, 2019-2025. Major factors for the growth of the market include increasing share of electric vehicles in the regional total vehicle fleet, government initiatives such as subsidies and rebate, high awareness among people and the presence of major market players in the region. Countries are providing significant subsidies to promote electric vehicle sales. For instance, Germany is expected to increase its grants for plug-in hybrids from $3,300 to around $5,000 whereas for cars of prices over $44,000 the grant can be increased to more than $5,500. Some of the major electric vehicle companies working in the region include BMW AG, Audi AG, Ford Motors Co., Jaguar Land Rover, Tesla Inc., Volkswagen AG and so on. As per the International Energy Agency (IEA), around 1.2 million electric cars were on road in Europe with a growth of 385,000 in a year. As per an estimate by the IEA, around half of the vehicles sold in Europe will be an electric vehicle by 2030.
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Major regions are discussed here includes Europe, Middle East, Africa, North America, Latin America and Asia Pacific. Target audience has grown fast therefore it is important to understand their needs and nothing is better than referring a good European Electric Vehicle Charger Market research report as it covers all the details. Such report allows business owners to well-serve them. Market research also allows enhancing customers’ buying decision and provides detailed information on pricing structure of major regions. Important data collection about the entire market is essential for market growth and European Electric Vehicle Charger Market report is the best medium to attain this.
European Electric Vehicle Charger Market research report also allows testing novel product features and gathering feedback from target customers. It works as the best guide in the product development. Another key part covered in this European Electric Vehicle Charger Market report is it allows making effective communication with customers and understanding competitors in the market. It further aims at providing accurate view of where to stack up in comparison. It provides understanding of position of different competitors in the market to spot out their strengths as well as weaknesses to help key players in addressing them better. Thorough data provided here includes competitive analysis for the estimation period 2022-2028 allows getting actionable insights into a huge amount of data of competitors. Secondary research technique can also be used to collect important market data. European Electric Vehicle Charger Market research report refers to the activity of collecting data related to market preferences as well as requirements. It affects each aspect of the business including product, consumer service and the brand. European Electric Vehicle Charger Market report also allows following important steps to fulfill the needs and reduce the risk involved in the business. Latest corona virus related details are also shared in this market study report to make aware about current market position and its impact on market.
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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
Market Segmentation
European Electric Vehicle Charger Market by Ownership
- Public
- Private
European Electric Vehicle Charger Market by Charger Type
- Slow Charger
- Fast Charger
European Electric Vehicle Charger Market by Connector Type
- AC Connectors
- Type 1
- Type 2
- Other (Domestic Socket)
- DC Connectors
- CHAdeMO
- Combined Charging System (CCS)
- Type 2 (Tesla)
Regional Analysis
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- ABB Ltd.
- Alfen N.V.
- Chargemaster Ltd.
- ChargePoint, Inc.
- Eaton Corp.
- Ecotap B.V.
- Engie
- Leviton Manufacturing Co., Inc.
- Schneider Electric SE
- Siemens AG
- Tesla, Inc.
- TGOOD Global Ltd.
- The New Motion B.V.
- Webasto SE
The Report Covers
- Comprehensive research methodology of the European 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 the European electric vehicle charger market.
- Insights about market determinants which are stimulating the European 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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