The popularity of electric vehicles has grown in the last few years. Electric vehicles are those that use electric energy to power the engine of the vehicle. Traditional vehicles make use of fuel sources like petroleum and diesel to run. The awareness of the disadvantages of burning non-renewable fuel energy has risen amongst the general population. The electric vehicle (EV) charging infrastructure is the station where these vehicles can be parked and the batteries are recharged using electric energy. Depending on the capacity of the battery, the mileage of these vehicles after recharging will vary.
Market by Top Electric Vehicle (EV) Charging Infrastructure Companies, this report covers
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The unavailability of traditional fuel and its rising costs are two major reasons why people are slowly moving towards electric vehicles. The governments all over the world are also supporting this move and are providing beneficial tax rebates for people and businesses dealing with these vehicles and the electric vehicle (EV) charging infrastructure. This is also a big reason why this market is projected to do well in the coming years. The flexibility of these charging stations is an added advantage too.
The electric vehicle (EV) charging infrastructure market is posed to grow well in the years between 2019 and 2025. These years are considered the forecasted periods. The report picks up historical data from the years 2014 to 2018 and uses this along with other primary and secondary research results to forecast the growth of the market. Market drivers that make a difference to the market growth rate and restraints that pull back the CAGR are both analyzed and the report is published in detail.
Slow charger and fast charger electric vehicle (EV) charging infrastructures are the two types of stations that are available for public and private use. Out of these the fast charging stations are posed to do well in the coming years because the charging cycle is lesser and vehicles can be fully charged in lesser time when compared to the other slower type. These charging stations can also be used in commercial and residential applications. The commercial stations are located in public areas and can be used by anyone for a fixed price. The demand that each of these areas creates is identified in the report.
Regions like the United States, Europe, Japan, India, China, Southeast Asia and Central and South America are analyzed and their individual contribution to the growth of the market is identified. Out of these, North America, with countries included like the United States cannot be ignored and will play a considerable role in contributing to the growth of the electric vehicle (EV) charging infrastructure market. Asia Pacific, however, will emerge the market leader. The increase in pollution and the government steps taken to curb pollution will both help with the domination and contribute to the higher CAGR.
The MG motor in Australia unveiled its latest electric car, the 2020 ZS EV which is a compact SUV in November 2019. This car will be the cheapest in this category, priced from $46,990.
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Table of Contents –Analysis of Key Points
1 Electric Vehicle (EV) Charging Infrastructure Market Overview
2 Manufacturers Profiles
3 Global Electric Vehicle (EV) Charging Infrastructure Market Competition, by Players
4 Global Electric Vehicle (EV) Charging Infrastructure Market Size by Regions
5 North America Electric Vehicle (EV) Charging Infrastructure Revenue by Countries
6 Europe Electric Vehicle (EV) Charging Infrastructure Revenue by Countries
7 Asia-Pacific Electric Vehicle (EV) Charging Infrastructure Revenue by Countries
8 South America Electric Vehicle (EV) Charging Infrastructure Revenue by Countries
9 Middle East and Africa Revenue Electric Vehicle (EV) Charging Infrastructure by Countries
10 Global Electric Vehicle (EV) Charging Infrastructure Market Segment by Type
11 Global Electric Vehicle (EV) Charging Infrastructure Market Segment by Application
12 Global Electric Vehicle (EV) Charging Infrastructure Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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