The Latin America, Middle East and Africa Electric Vehicle Charger Market would witness market growth of 31.3% CAGR during the forecast period (2023-2030).
In recent years, the automotive industry has witnessed a paradigm shift towards sustainability and environmental consciousness, driven by the pressing need to combat climate change and reduce greenhouse gas emissions. One of the most pivotal components of this transformative journey is the rapid proliferation of electric vehicles (EVs). As EVs become increasingly popular, the market has emerged as a critical enabler of this green revolution.
Electric vehicles are revolutionizing the way transportation is perceived. They provide an eco-friendly substitute for conventional internal combustion engine vehicles, emitting no tailpipe emissions and substantially decreasing carbon footprint. Moreover, the widespread adoption of electric vehicles hinges not only on the innovation and affordability of the vehicles themselves but also on developing a robust charging infrastructure that supports the needs of EV owners.
Additionally, the UAE government has been actively promoting the adoption of electric vehicles and sustainability practices. In Dubai, for instance, the Dubai Supreme Council of Energy launched the "Green Mobility Initiative" to encourage businesses to transition to electric and hybrid vehicles. The initiative includes incentives such as reduced registration fees for electric vehicles and exemptions from parking fees.
Furthermore, Dubai Electricity and Water Authority (DEWA), which is steering the emirate’s clean energy transition, aims to grow the city’s network of public charging stations by 170% in less than three years from 2023. By 2025, EV Green Charging Stations in Dubai will increase from the current 370, with more than 680 charging points, to 1,000 Green Charging Stations. Therefore, these factors will pose a lucrative prospect for the market in the LAMEA region.
The Brazil market dominated the LAMEA Electric Vehicle Charger Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,078.7 Million by 2030. The Argentina market is showcasing a CAGR of 31.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 30.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Electric Vehicle Charger Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Electric Vehicle Charger Market, by End User
1.4.2 LAMEA Electric Vehicle Charger Market, by Vehicle Type
1.4.3 LAMEA Electric Vehicle Charger Market, by Charging Type
1.4.4 LAMEA 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. LAMEA Electric Vehicle Charger Market by End User
5.1 LAMEA Residential Market by Country
5.2 LAMEA Commercial Market by Country
Chapter 6. LAMEA Electric Vehicle Charger Market by Vehicle Type
6.1 LAMEA Plug-in Hybrid Electric Vehicle (PHEV) Market by Country
6.2 LAMEA Battery Electric Vehicle (BEV) Market by Country
6.3 LAMEA Hybrid Electric Vehicle (HEV) Market by Country
Chapter 7. LAMEA Electric Vehicle Charger Market by Charging Type
7.1 LAMEA On-board Chargers Market by Country
7.2 LAMEA Off-board Chargers Market by Country
Chapter 8. LAMEA Electric Vehicle Charger Market by Country
8.1 Brazil Electric Vehicle Charger Market
8.1.1 Brazil Electric Vehicle Charger Market by End User
8.1.2 Brazil Electric Vehicle Charger Market by Vehicle Type
8.1.3 Brazil Electric Vehicle Charger Market by Charging Type
8.2 Argentina Electric Vehicle Charger Market
8.2.1 Argentina Electric Vehicle Charger Market by End User
8.2.2 Argentina Electric Vehicle Charger Market by Vehicle Type
8.2.3 Argentina Electric Vehicle Charger Market by Charging Type
8.3 UAE Electric Vehicle Charger Market
8.3.1 UAE Electric Vehicle Charger Market by End User
8.3.2 UAE Electric Vehicle Charger Market by Vehicle Type
8.3.3 UAE Electric Vehicle Charger Market by Charging Type
8.4 Saudi Arabia Electric Vehicle Charger Market
8.4.1 Saudi Arabia Electric Vehicle Charger Market by End User
8.4.2 Saudi Arabia Electric Vehicle Charger Market by Vehicle Type
8.4.3 Saudi Arabia Electric Vehicle Charger Market by Charging Type
8.5 South Africa Electric Vehicle Charger Market
8.5.1 South Africa Electric Vehicle Charger Market by End User
8.5.2 South Africa Electric Vehicle Charger Market by Vehicle Type
8.5.3 South Africa Electric Vehicle Charger Market by Charging Type
8.6 Nigeria Electric Vehicle Charger Market
8.6.1 Nigeria Electric Vehicle Charger Market by End User
8.6.2 Nigeria Electric Vehicle Charger Market by Vehicle Type
8.6.3 Nigeria Electric Vehicle Charger Market by Charging Type
8.7 Rest of LAMEA Electric Vehicle Charger Market
8.7.1 Rest of LAMEA Electric Vehicle Charger Market by End User
8.7.2 Rest of LAMEA Electric Vehicle Charger Market by Vehicle Type
8.7.3 Rest of LAMEA 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 LAMEA Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 7 LAMEA Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 8 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 13 LAMEA Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 14 LAMEA Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Battery Electric Vehicle (BEV) Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Battery Electric Vehicle (BEV) Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Hybrid Electric Vehicle (HEV) Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Hybrid Electric Vehicle (HEV) Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 21 LAMEA Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 22 LAMEA On-board Chargers Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA On-board Chargers Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Off-board Chargers Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Off-board Chargers Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Electric Vehicle Charger Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Electric Vehicle Charger Market by Country, 2023 - 2030, USD Million
TABLE 28 Brazil Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 29 Brazil Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 30 Brazil Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 31 Brazil Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 32 Brazil Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 33 Brazil Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 34 Brazil Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 35 Brazil Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 36 Argentina Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 37 Argentina Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 38 Argentina Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 39 Argentina Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 40 Argentina Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 41 Argentina Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 42 Argentina Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 43 Argentina Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 44 UAE Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 45 UAE Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 46 UAE Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 47 UAE Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 48 UAE Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 49 UAE Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 50 UAE Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 51 UAE Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 52 Saudi Arabia Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 53 Saudi Arabia Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 54 Saudi Arabia Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 55 Saudi Arabia Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 56 Saudi Arabia Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 57 Saudi Arabia Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 58 Saudi Arabia Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 59 Saudi Arabia Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 60 South Africa Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 61 South Africa Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 62 South Africa Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 63 South Africa Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 64 South Africa Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 65 South Africa Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 66 South Africa Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 67 South Africa Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 68 Nigeria Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 69 Nigeria Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 70 Nigeria Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 71 Nigeria Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 72 Nigeria Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 73 Nigeria Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 74 Nigeria Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 75 Nigeria Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
TABLE 76 Rest of LAMEA Electric Vehicle Charger Market, 2019 - 2022, USD Million
TABLE 77 Rest of LAMEA Electric Vehicle Charger Market, 2023 - 2030, USD Million
TABLE 78 Rest of LAMEA Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
TABLE 79 Rest of LAMEA Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
TABLE 80 Rest of LAMEA Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 81 Rest of LAMEA Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 82 Rest of LAMEA Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
TABLE 83 Rest of LAMEA 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 LAMEA 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 LAMEA Electric Vehicle Charger Market share by End User, 2022
FIG 9 LAMEA Electric Vehicle Charger Market share by End User, 2030
FIG 10 LAMEA Electric Vehicle Charger Market by End User, 2019 - 2030, USD Million
FIG 11 LAMEA Electric Vehicle Charger Market share by Vehicle Type, 2022
FIG 12 LAMEA Electric Vehicle Charger Market share by Vehicle Type, 2030
FIG 13 LAMEA Electric Vehicle Charger Market by Vehicle Type, 2019 - 2030, USD Million
FIG 14 LAMEA Electric Vehicle Charger Market share by Charging Type, 2022
FIG 15 LAMEA Electric Vehicle Charger Market share by Charging Type, 2030
FIG 16 LAMEA Electric Vehicle Charger Market by Charging Type, 2019 - 2030, USD Million
FIG 17 LAMEA Electric Vehicle Charger Market share by Country, 2022
FIG 18 LAMEA Electric Vehicle Charger Market share by Country, 2030
FIG 19 LAMEA 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.