Press Release

Electric Vehicle Charging Stations Market is expected to grow at a CAGR of 35.5% from 2020 to 2028 | Government funding, subsidies, and incentives to advance the growth of the electric vehicle charging stations market

4611 proficient20market 15

Research report published by Proficient Market Research “Electric Vehicle Charging Stations Market – By (Level of Charging: Level 1, Level 2, Level 3(DCFC)), By Connector Type (Type 1 (J-plug), CCS, CHAdeMO, GB/T, and Tesla) Market – Growth, Future Prospects, Post COVID-19 Scenario 2021 – 2028”, states that the global electric vehicle charging stations market is expected to grow at a CAGR of 35.5% during the forecast period from 2021 to 2028.

Growing adoption of electric vehicle around the world is primarily driving the need for electronic vehicle charging stations. Furthermore, several governments around the world are providing funding, subsidies, and incentives for the development of infrastructure required for charging station. According to the U.S. department of energy, government of Columbia provides a tax credit of up to 50% on the equipment purchases required for charging station infrastructure, the minimum credit is USD 10,000 per public charging station.

Browse the full report: https://proficientmarket.com/report/1475/global-electric-vehicle-charging-stations-market

Download Full Summary @ https://proficientmarket.com/sample/1475

COVID-19 pandemic conditions have badly affected the growth of electric vehicle charging stations market. Like many other industries automotive industry also suffered during the pandemic, Shutdown on manufacturing activities due to strict lockdowns, restrictions on supply channel, and shortage of raw material affected the overall growth of the market.

In addition, the Ministry of Economic Affairs (MOEA) of Taiwan in 2018, declared that they are planning to install 3,310 battery charging stations across Taiwan during next five years to increase the sale of electric vehicles.

Browse in-depth TOC on “Electric Vehicle Charging Stations Market” @ https://proficientmarket.com/report/1475/global-electric-vehicle-charging-stations-market#toc

Market Players

Major players in the market are focusing on organic growth strategies also expanding their presence with mergers and acquisitions, key players in the market include Chargepoint, Inc., Siemens AG, Schneider Electric SE, Leviton Manufacturing Co., Inc., Webasto Group, EVBox B.V., New Motion EVSE, Ltd., Eaton Corporation, ABB, Ltd., and Tesla, Inc. among others.

Trends and Future Outlook:

Government initiative in developing region to promote the sale electric vehicles
Battery swapping, flash charging and smart charging internet of thing are expected to enter charging infrastructure new next few years.

Grab Report Sample @ https://proficientmarket.com/sample/1475

Based on the level of charging the global electric vehicle charging stations market is bifurcated into the following

Level 1
Level 2
Level 3 (DCFC)

Level 2 segment held the largest share based on level of charging

In 2020, level 2 segment held the largest share based on level of charging. The segment accounted for around 75% of the share in the global market in 2020. Fast charging options coupled with large penetration of level 2 charging stations is contributing towards the larger share of the segment in global market

Request For Pricing @ https://proficientmarket.com/buying-request/1475

Based on the connector types the global electric vehicle charging stations market is bifurcated into the following

Type 1 (J-plug)
CCS
CHAdeMO
GB/T
Tesla

CHAdeMO segment held the largest share of the market

In 2020, CHAdeMO segment held the largest share of the market, growing demand owing to convenient use and fast charging capacity is expected to contribute for largest share of the segment in overall market.

Request For Full Segment Analysis @ https://proficientmarket.com/sample/1475

Europe held the largest share in the electric vehicle charging stations market

In 2020, Europe held the largest share in the electric vehicle charging stations market. Well established automobile sector and high adoption of electronic vehicles coupled with government regulations to reduce fossil fuel-based cars is driving the growth of EVs charging station market in this region and is expected to have a lucrative growth during the forecast period.

Request For Any Specific Customization @ https://proficientmarket.com/customization-request/1475

Related Reports:
https://proficientmarket.com/report/1452/global-automotive-fuel-cell-market
https://proficientmarket.com/report/1437/e-bikes-market

About Us:

Proficient Market is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialist with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market. Our happiness is when we help our clients grow their business, strengthen the brands and educate their members or consumers through the ever new fun research methods developed by our team.

See Campaign: https://proficientmarket.com/report/1475/global-electric-vehicle-charging-stations-market
Contact Information:

Proficient Market
1st Floor, Harikrishna Building,
Samarth Nagar, New Sanghvi,
Pune- 411027 India
Tel: +91-8149441100 (GMT Office Hours)
USA: +17738002974
Email: [email protected]
Web: proficientmarket.com

Tags:
, Menafn, Reportedtimes, IPS, Extended Distribution, Research Newswire, English

image

Contact Information:

Proficient Market
1st Floor, Harikrishna Building,
Samarth Nagar, New Sanghvi,
Pune- 411027 India
Tel: +91-8149441100 (GMT Office Hours)
USA: +17738002974
Email: [email protected]
Web: proficientmarket.com