Electric Vehicle Charger (EVC) is a device which converts the alternating current (AC) distributed by electric utilities to the direct current (DC) needed to recharge the battery of electric vehicle. There are a number of different types of battery chargers based on the way they control the charging rate and whether installed on the electric vehicles, such as on-board and off-board Electric Vehicle Charger (EVC). Generally, the former has a small power, while off-board is large and has power more than 30 KW.
The global electric vehicle charger (EVC) market developed rapidly in the past five years, now United States, China and Western Europe are dominated the EVC market, especially in China, now has been the largest market of electric vehicle and EVC. In addition, China, United States, India and major European countries have planned to expand the electric vehicle market: this will give a big boost to the EVC market.
The major electric vehicle charger (EVC) producers are mainly distributed in United States, UK, France, Ireland, Switzerland, Germany, Portugal and China, like Chargepoint, Leviton, Blink Charging, General Electric, AeroVironment and Clipper Creek are dominating the North America: ABB, Eaton, Schneider Electric, Siemens, IES Synergy, Chargemaster(Elektromotive), Efacec, DBT-CEV and Pod Point are dominating the Europe market.
In future, the global market will be more competitive, and some giants may expand their market market position through mergers and acquisitions, such as Chargemaster purchased Elektromotive in 2017.
According to this study, over the next five years the Electric Vehicle Charger (EVC) market will register a 22.3% CAGR in terms of revenue, the global market size will reach US$ 5990 million by 2024, from US$ 1790 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Vehicle Charger (EVC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Charger (EVC) market by product type, application, key manufacturers and key regions and countries.
This study considers the Electric Vehicle Charger (EVC) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
On-board Electric Vehicle Charger (EVC)
Off-board Electric Vehicle Charger (EVC)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Residential Charging
Commercial Charging
Workplace Charging
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chargepoint(US)
ABB(Switzerland)
Eaton(Ireland)
Leviton(US)
Blink Charging(US)
Schneider Electric(France)
Siemens(Germany)
General Electric(US)
AeroVironment(US)
IES Synergy(France)
Chargemaster(Elektromotive)
Efacec (Portugal)
Clipper Creek(US)
DBT-CEV(France)
Pod Point(UK)
BYD(China)
NARI(China)
Xuji Group(China)
Potivio(China)
Auto Electric Power Plant(China)
Wanbang(China)
Qingdao Telaidian(China)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electric Vehicle Charger (EVC) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Vehicle Charger (EVC) market by identifying its various subsegments.
Focuses on the key global Electric Vehicle Charger (EVC) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Vehicle Charger (EVC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Vehicle Charger (EVC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.