Electric Vehicle Charging Infrastructure Market Electric Vehicle Charging Infrastructure Market | Page 2

Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/electric-vehicle-charger- and-charging-station-market In the year 2016, CHAdeMO possessed the largest market share in the connector segment. However, it is predicted to be surpassed by the Combined Charging System (CCS) connectors segment, which is a combination of SAE J1772 (IEC Type 1) and IEC Type 2 connectors. The fast chargers segment is expected to exhibit the fastest growth, with an estimated CAGR of around 47.9% from 2017 to 2025. Overnight charging is insufficient for covering long distances and sparing hours to charge the vehicle, during a voyage, is not presumed as a good idea. These situations encourage anxiety and eventually discourage the use of electric vehicles. Therefore, fast chargers are expected to have higher adoption rate than slow chargers. Further key findings from the report suggest: • • • • The electric vehicle charging infrastructure market is expected to grow at a CAGR of 46.8% from 2017 to 2025 Leading automakers are observed 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 North American region is projected to dominate the EV charging infrastructure, as it is expected to witness significant growth in electric vehicle sales The major players of the electric vehicle charging infrastructure market are ABB Group, AeroVironment, Inc., Elektromotive Limited, ChargePoint, Inc., Schneider Electric SE, Chargemaster Plc, Eaton Corporation, Siemens AG, SemaConnect, Inc., ClipperCreek, Inc., Tesla Motors, Inc., Delphi Automotive LLP, General Electric, and Leviton Manufacturing Co., Inc., among others Read our blog on technology industry: http://www.grandviewresearch.com/blogs/technology Table of content of global Electric Vehicle Charging Infrastructure market research report: Follow Us: