The Europe Electric Vehicle Charging Infrastructure Market would witness market growth of 37.5% CAGR during the forecast period (2019-2025).
Improvements in EV techniques are helping to have a wide range of EV models on the market. Charging infrastructure has advanced with an increase in the number of EVs to construct a sustainable in-country transport facility. EV consumers need infrastructure services that enable ordinary and rapid charging, and access to public and private, own house, or apartment buildings needs to be facilitated. ?It is important to place a well-organized charging facility for a long-distance trip. Even EV consumers who charge at home and manage without daily charging, fast charging is a very important option that they can use when required.
Leading automakers are investing heavily in promoting EV charging infrastructure. For instance, BMW, Daimler, Ford, and Volkswagen, together announced an investment plan for the development of 400 charging sites across Europe. The rational approach to recharging infrastructure roll-out is for this to develop beyond the necessary minimum as the number of EVs on the road increases. Since EV sales are focused in Western and Northern European markets (as all new car sales are) it can be expected that the deployment of charging infrastructure will also happen first in these countries. Accordingly, it is expected that Germany, France, and the UK will be leading the transition as the biggest new car markets.
Based on Charger Type, the market is segmented into Slow Charger and Fast Charger. Based on Connector Type, the market is segmented into CHAdeMO, Combined Charging System (CCS) and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Norway, Netherlands, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tesla, Inc., General Motors Co., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, ChargePoint, Inc., Eaton Corporation PLC, Delta Electronics, Inc., Aptiv PLC and AeroVironment, Inc.
Market Segmentation:
By Charger Type
By Connector Type
By Application
By Country
Companies Profiled
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