Global EV Charging Market Report 2022: Strict emission regulations create a market for EV sales – Yahoo Finance | CarTailz

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Global market for charging stations for electric vehicles

Global market for charging stations for electric vehicles

Global market for charging stations for electric vehicles

Dublin, Oct. 31, 2022 (GLOBE NEWSWIRE) — Added the Electric Vehicle Charging: Infrastructure and Global Markets report ResearchAndMarkets.com Offer.

The charging infrastructure for electric vehicles plays an important role in increasing the demand for electric vehicles. Plug-in electric vehicle trends are on a significant growth trajectory, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Both BEVs and PHEVs can be charged externally and have long ranges; This has helped ease range anxiety in the minds of potential customers who have at one point been reluctant to switch to EVs. A robust charging infrastructure will give buyers more confidence as there will be no shortage of charging points to meet the needs of users within the growing fleet of plug-in electric vehicles. Governments want to invest
Developing charging infrastructure to support the goals they have set to include clean vehicles across the vehicle fleet.

From a regulatory point of view, automakers are forced to produce a certain percentage of green vehicles to offset the carbon footprint of selling conventional vehicles. This percentage varies between countries depending on which government committee adopts green alternatives. Reduced prices for key components in hybrid vehicles also reduce the price difference between conventional and hybrid vehicles.

The price differential will widen as battery range increases, but advances in battery technology and the continued decline in battery prices will narrow this price differential and make the hybrid/electric vehicle option more attractive to typical buyers. Asia Pacific, Europe and North America are the largest markets for EV charging infrastructure. Asia-Pacific and Europe are the fastest growing EV charging regions and these regions will drive the EV charging infrastructure market during the forecast period.

This report covers the leading EV charging infrastructure manufacturers, including original equipment manufacturers (OEMs) with in-house manufacturing capabilities. Asia Pacific suppliers are expanding regionally and internationally due to increased demand for their cost-effective products. Most of these companies have formed joint ventures with more established global providers such as ChargePoint Inc., Blink Charging Co., and Electrify America LLC.

market dynamics

Important market drivers

  • Increase in global demand for electric vehicles

  • Tax incentives and regulatory support for plug-in hybrid electric vehicles

  • Government funding and incentives are expected to support EV charging infrastructure

  • Lowering the cost of EV batteries in the global market to increase the demand for EV and EVc.

Market Restrictions

key challenge

  • Strict guidelines for the installation of electric vehicle charging stations

  • Limited battery capacity in electric vehicles

  • Lithium is less readily available for use in electric vehicle batteries

market opportunities

  • Strict emissions regulations are creating a market for electric vehicle sales

  • Government Efforts Regarding Electric Vehicles

  • State support for the electrification of public transport

future trends

report includes

  • 38 tables in total

  • An updated overview of the global market scenario for Electric Vehicle (EV) Charging Infrastructure.

  • Analyzes of global and regional market trends with historical market revenue for 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) up to 2027

  • Highlights of the current and upcoming EV Charging Infrastructure market potential, industry growth drivers and focal points to forecast this market into various segments and sub-segments

  • Estimation of actual market size and market forecast for EV Charging Infrastructure and corresponding market share analysis based on EV Type, Charger Type, Installation/System, Plug Type and Geographic Region

  • Updated information on key market drivers and opportunities, industry changes and regulations along with other demographics that will impact this market demand in the coming years (2022-2027).

  • Insight into key technological challenges, issues and risks, government regulations, recent developments and the impact of COVID-19 on the global EV Charging Station market

  • Patent Review and New Developments, R&D Efforts, Industry Changes Focusing on Recent Investments and Current EV Charging Infrastructure Market Situation

  • Identification of key stakeholders and analysis of the competitive landscape based on recent developments and segment sales

Main topics covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Chapter 4 Market Dynamics

Chapter 5 Market Breakdown by Fee Type

Chapter 6 Market Breakdown by Installation Type

Chapter 7 Market Segmentation by Charging Infrastructure Type

Chapter 8 Market Breakdown by Loading Service

Chapter 9 Market Split by Regions

Chapter 10 Patent Analysis

Chapter 11 Competitive Landscape

Chapter 12 Company Profiles

companies mentioned

For more information about this report, visit https://www.researchandmarkets.com/r/5awlgi

Appendix

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