The Global Peer-To-Peer Electric Vehicle Charging Market Size will Hit $363.4 Million by 2028, at a CAGR of 20.6%

Peer-To-Peer Electric Vehicle Charging Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Peer-To-Peer Electric Vehicle Charging Market size is expected to reach $363.4 million by 2028, rising at a market growth of 20.6% CAGR during the forecast period.

The Residential segment acquired maximum revenue share in the Global Peer-To-Peer Electric Vehicle Charging Market by Application in 2021, thereby, achieving a market value of $224.0 million by 2028. The increased concentration of original equipment manufacturers (OEMs) on the development of household chargers particular to peer-to-peer networks can be attributed to the segment's rise. In addition, as people are becoming more environment conscious, they are adopting electric vehicles and hence, they would require EV charging points in their residential areas.

The Level 1 segment is showcasing a CAGR of 22.4% during (2022 - 2028). The spike in the number of government initiatives, such as the Workplace Charging Challenge, can be contributed to the segment's growth. The Workplace Charging Challenge aims to install level 1 chargers in private corporate offices as part of its peer-to-peer (P2P) network. The US Department of Energy has covered level 1 chargers at commercial businesses such as Hewlett Packard Enterprise Development LP and Thomas College through P2P networks as part of this program.

North America is the fastest growing region in the Global Peer-To-Peer Electric Vehicle Charging Market by Region in 2021, and thereby, achieving a market value of $118.3 million by 2028. The Europe market is estimated to witness a CAGR of 20.1% during (2022 - 2028). Additionally, The Asia Pacific market would exhibit a CAGR of 21.4% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/peer-to-peer-electric-vehicle-charging-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of ChargePoint Holdings, Inc., Enphase Energy, Inc. (ClipperCreek, Inc.), Enel X Italia Srl (Enel Group), EVBox (Engie SA), EVmeter LTD., Shell Recharge Solutions (Shell plc), Innogy SE (E. ON SE), Power Hero, Inc., and Webasto Group.

Global Peer-To-Peer Electric Vehicle Charging Market Segmentation

By Application

• Residential
  • Apartments
  • Private Homes
• Commercial
  • Destination Charging Station
  • Fleet Charging Station
  • Workplace Charging Station
  • Others

By Charger Type

• Level 2
• Level 1

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Netherlands
  • Norway
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Taiwan
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• ChargePoint Holdings, Inc.
• Enphase Energy, Inc. (ClipperCreek, Inc.)
• Enel X Italia Srl (Enel Group)
• EVBox (Engie SA)
• EVmeter LTD.
• Shell Recharge Solutions (Shell plc)
• Innogy SE (E. ON SE)
• Power Hero, Inc.
• Webasto Group

Related Reports:

North America Peer-To-Peer Electric Vehicle Charging Market Size, 2028

• May-2022
• 78 Pages

LAMEA Peer-To-Peer Electric Vehicle Charging Market Size, 2028

• May-2022
• 92 Pages

Europe Peer-To-Peer Electric Vehicle Charging Market Size, 2028

• May-2022
• 92 Pages

Asia Pacific Peer-To-Peer Electric Vehicle Charging Market Size, 2028

• May-2022
• 93 Pages