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:
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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
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Table of content of global Electric Vehicle Charging Infrastructure market
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