The Asia Pacific Electric Vehicle Charger Market would witness market growth of 29.1% CAGR during the forecast period (2023-2030).
Governments have implemented various incentives to encourage. Around the region, governments have put in place a variety of incentives to promote the use of electric cars and the development of a charging infrastructure. These incentives include tax credits, rebates, and grants for EV charger installation. Such measures encourage both individuals and businesses to invest in EV charging solutions. Innovations in battery technology have led to longer EV ranges, making electric vehicles a more practical choice for consumers. Additionally, advancements in charging technology have reduced charging times and improved the convenience of EV ownership.
The rollout of fast-charging networks is a significant trend, addressing the need for quick and convenient charging options. High-power charging stations can provide a substantial range boost in a short amount of time, making long-distance EV travel more feasible. Smart charging systems with connectivity features, mobile apps, and data analytics are becoming increasingly prevalent. These solutions allow users to monitor and manage their charging sessions remotely, optimize energy use, and participate in demand response programs.
As per the Global EV Outlook 2023, 2022 was a growth year in India regarding electric car sales. The government's USD 3.2 billion incentive package, which has drawn USD 8.3 billion in investments, is helping India's EV and component manufacturing ramp up. Additionally, more than half of the three-wheeler registrations in India in 2022 were electric, showing their rising popularity due to government incentives and cheaper lifespan costs compared to conventional models, particularly in light of rising fuel prices. These factors will boost the demand for electric vehicle chargers in Asia Pacific.
The China market dominated the Asia Pacific Electric Vehicle Charger Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,434.6 Million by 2030. The Japan market is registering a CAGR of 28.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 30% during (2023 - 2030).
Based on End User, the market is segmented into Residential and Commercial. Based on Vehicle Type, the market is segmented into Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV). Based on Charging Type, the market is segmented into On-board Chargers and Off-board Chargers. Based on countries, the market is segmented into China, Japan, India, South Korea, Taiwan, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Electric Vehicle Charger Market is Predict to reach $53.1 Billion by 2030, at a CAGR of 28.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Robert Bosch GmbH, AeroVironment, Inc, BorgWarner Inc, Silicon Laboratories, Inc., BP p.l.c., ChargePoint, Inc, Schaffner Holding AG, Siemens AG, and Chroma ATE Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
By Vehicle Type
- Plug-in Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
By Charging Type
- On-board Chargers
- Off-board Chargers
By Country
- China
- Japan
- India
- South Korea
- Taiwan
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Robert Bosch GmbH.
- AeroVironment, Inc
- BorgWarner Inc
- Silicon Laboratories, Inc.
- BP p.l.c.
- ChargePoint, Inc
- Schaffner Holding AG
- Siemens AG
- Chroma ATE Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Vehicle Charger Market, by End User
1.4.2 Asia Pacific Electric Vehicle Charger Market, by Vehicle Type
1.4.3 Asia Pacific Electric Vehicle Charger Market, by Charging Type
1.4.4 Asia Pacific Electric Vehicle Charger Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Mergers & Acquisition : 2021, Aug – 2023, Jun) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific Electric Vehicle Charger Market by End User
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country
Chapter 6. Asia Pacific Electric Vehicle Charger Market by Vehicle Type
6.1 Asia Pacific Plug-in Hybrid Electric Vehicle (PHEV) Market by Country
6.2 Asia Pacific Battery Electric Vehicle (BEV) Market by Country
6.3 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country
Chapter 7. Asia Pacific Electric Vehicle Charger Market by Charging Type
7.1 Asia Pacific On-board Chargers Market by Country
7.2 Asia Pacific Off-board Chargers Market by Country
Chapter 8. Asia Pacific Electric Vehicle Charger Market by Country
8.1 China Electric Vehicle Charger Market
8.1.1 China Electric Vehicle Charger Market by End User
8.1.2 China Electric Vehicle Charger Market by Vehicle Type
8.1.3 China Electric Vehicle Charger Market by Charging Type
8.2 Japan Electric Vehicle Charger Market
8.2.1 Japan Electric Vehicle Charger Market by End User
8.2.2 Japan Electric Vehicle Charger Market by Vehicle Type
8.2.3 Japan Electric Vehicle Charger Market by Charging Type
8.3 India Electric Vehicle Charger Market
8.3.1 India Electric Vehicle Charger Market by End User
8.3.2 India Electric Vehicle Charger Market by Vehicle Type
8.3.3 India Electric Vehicle Charger Market by Charging Type
8.4 South Korea Electric Vehicle Charger Market
8.4.1 South Korea Electric Vehicle Charger Market by End User
8.4.2 South Korea Electric Vehicle Charger Market by Vehicle Type
8.4.3 South Korea Electric Vehicle Charger Market by Charging Type
8.5 Taiwan Electric Vehicle Charger Market
8.5.1 Taiwan Electric Vehicle Charger Market by End User
8.5.2 Taiwan Electric Vehicle Charger Market by Vehicle Type
8.5.3 Taiwan Electric Vehicle Charger Market by Charging Type
8.6 Malaysia Electric Vehicle Charger Market
8.6.1 Malaysia Electric Vehicle Charger Market by End User
8.6.2 Malaysia Electric Vehicle Charger Market by Vehicle Type
8.6.3 Malaysia Electric Vehicle Charger Market by Charging Type
8.7 Rest of Asia Pacific Electric Vehicle Charger Market
8.7.1 Rest of Asia Pacific Electric Vehicle Charger Market by End User
8.7.2 Rest of Asia Pacific Electric Vehicle Charger Market by Vehicle Type
8.7.3 Rest of Asia Pacific Electric Vehicle Charger Market by Charging Type
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Robert Bosch GmbH
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 AeroVironment, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 BorgWarner Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Silicon Laboratories, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 SWOT Analysis
9.6 BP p.l.c.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 ChargePoint Holdings, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.7.5.3 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Schaffner Holding AG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Siemens AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Chroma ATE, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 Asia Pacific Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electric Vehicle Charger Market
TABLE 4 Product Launches And Product Expansions– Electric Vehicle Charger Market
TABLE 5 Acquisition and Mergers– Electric Vehicle Charger Market
TABLE 6 Asia Pacific Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 8 Asia Pacific Residential Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Residential Market by Country, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Commercial Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 22 Asia Pacific On-board Chargers Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific On-board Chargers Market by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Off-board Chargers Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Off-board Chargers Market by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Electric Vehicle Charger Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Electric Vehicle Charger Market by Country, 2023 - 2030, USD Million
TABLE 28 China Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 29 China Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 30 China Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 31 China Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 32 China Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 33 China Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 34 China Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 35 China Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 36 Japan Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 37 Japan Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 38 Japan Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 39 Japan Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 40 Japan Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 41 Japan Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 42 Japan Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 43 Japan Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 44 India Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 45 India Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 46 India Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 47 India Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 48 India Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 49 India Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 50 India Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 51 India Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 52 South Korea Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 53 South Korea Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 54 South Korea Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 55 South Korea Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 56 South Korea Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 57 South Korea Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 58 South Korea Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 59 South Korea Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 60 Taiwan Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 61 Taiwan Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 62 Taiwan Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 63 Taiwan Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 64 Taiwan Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 65 Taiwan Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 66 Taiwan Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 67 Taiwan Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 68 Malaysia Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 69 Malaysia Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 70 Malaysia Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 71 Malaysia Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 72 Malaysia Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 73 Malaysia Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 74 Malaysia Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 75 Malaysia Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 76 Rest of Asia Pacific Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 77 Rest of Asia Pacific Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 78 Rest of Asia Pacific Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 79 Rest of Asia Pacific Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 80 Rest of Asia Pacific Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 81 Rest of Asia Pacific Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 82 Rest of Asia Pacific Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 83 Rest of Asia Pacific Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 84 Key Information – ABB Group
TABLE 85 Key Information – Robert Bosch GmbH
TABLE 86 Key Information – AeroVironment, Inc.
TABLE 87 Key Information – BorgWarner Inc.
TABLE 88 Key Information – Silicon Laboratories, Inc.
TABLE 89 Key Information – BP p.l.c.
TABLE 90 Key Information – ChargePoint Holdings, Inc.
TABLE 91 Key Information – Schaffner Holding AG
TABLE 92 Key Information – Siemens AG
TABLE 93 Key Information – Chroma ATE, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Electric Vehicle Charger Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Electric Vehicle Charger Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Mergers & Acquisition : 2021, Aug – 2023, Jun) Leading Players
FIG 7 Porter’s Five Forces Analysis - Electric Vehicle Charger Market
FIG 8 Asia Pacific Electric Vehicle Charger Market share by End User, 2022
FIG 9 Asia Pacific Electric Vehicle Charger Market share by End User, 2030
FIG 10 Asia Pacific Electric Vehicle Charger Market by End User, 2019 - 2030, USD Million
FIG 11 Asia Pacific Electric Vehicle Charger Market share by Vehicle Type, 2022
FIG 12 Asia Pacific Electric Vehicle Charger Market share by Vehicle Type, 2030
FIG 13 Asia Pacific Electric Vehicle Charger Market by Vehicle Type, 2019 - 2030, USD Million
FIG 14 Asia Pacific Electric Vehicle Charger Market share by Charging Type, 2022
FIG 15 Asia Pacific Electric Vehicle Charger Market share by Charging Type, 2030
FIG 16 Asia Pacific Electric Vehicle Charger Market by Charging Type, 2019 - 2030, USD Million
FIG 17 Asia Pacific Electric Vehicle Charger Market share by Country, 2022
FIG 18 Asia Pacific Electric Vehicle Charger Market share by Country, 2030
FIG 19 Asia Pacific Electric Vehicle Charger Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: ABB Group
FIG 21 SWOT Analysis: ABB Group
FIG 22 SWOT Analysis: Robert Bosch GmbH
FIG 23 SWOT Analysis: AeroVironment, Inc.
FIG 24 SWOT Analysis: BorgWarner Inc.
FIG 25 SWOT Analysis: Silicon Laboratories, Inc.
FIG 26 SWOT Analysis: BP p.l.c.
FIG 27 Recent strategies and developments: ChargePoint Holdings, Inc.
FIG 28 SWOT Analysis: ChargePoint Holdings, Inc.
FIG 29 SWOT Analysis: Schaffner Holding AG
FIG 30 SWOT Analysis: Siemens AG
FIG 31 SWOT Analysis: Chroma ATE, Inc.