South Africa electric vehicle charger market is projected to grow at CAGR of more than 10.0% during the forecast period (2019-2025). The key factors that are propelling the growth of the market include the rising environmental concern coupled with the increasing adoption of electric vehicles due to the availability of charging stations in the region. In December 2020, the first solar-powered electric vehicle charging station was launched in the Capetonians, South Africa. It is a free public electric vehicle charging station. South Africa aims to have zero-emission by 2050 and the government plan to have a green country along with reducing the negative impact on the transportation sector.
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Apart from this, in the third week of February 2021, Rubicon, a commercial solar components and solution supplier, has announced to bring a Tesla Model X performance edition fully electric SUV in the South Africa by the month the end of February 2021. Rubicon company aims to accelerate South Africa’s electric vehicle industry through the promotion of the car.
Further, ABB Ltd is one of the leading companies in the development of the new technology electric vehicle charging stations and focusing on the development of the international EV charging standards such as CHAdeMO and Combined charging system (CSS) in South Africa. Besides, in 2019, Jaguar in partnership with GridCars, launched the electric vehicle charging station in South Africa to drive the electric and plug-in hybrid vehicles landscape.
Market Coverage
- Market number available for – 2018-2025
- Base year- 2018
- Forecast period- 2019-2025
- Segment Covered- By Ownership, By Charger Type, and By Connector
- Region Covered-South Africa
- Competitive Landscape- ABB Ltd., Engie, EV Charge (Pty) Ltd. South Africa, Schneider Electric SE, Siemens AG, Signet Systems Inc., TGOOD Global Ltd., and others.
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 South Africa Electric Vehicle Charger Market is Available at: https://www.omrglobal.com/industry-reports/south-africa-electric-vehicle-charger-market
South Africa Electric Vehicle Charger Market Report Segment
By Ownership
- Public
- Private
By Charger Type
- Slow Charger
- Fast Charger
By Connectors
- AC Connectors
- Type 1
- Type 2
- Others (Domestic Socket)
DC Connectors
- CHadeMO
- Combined Charging System (CSS)
- Type 2 (Tesla)
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
