Code: IMR0064 | Automotive &Transportation | Sep-2021 | 470 Pages |
In 2021, the Global Electric
Vehicle Supply Equipment Market’s size was valued at USD XX.XX billion and is
estimated to reach USD xx. xx billion by 2028 and is expected to be growing at
a CAGR of 33.2 % throughout the forecast period. In this report, 2021 has been
taken as the base year while 2020 is the historical year. The forecast year for
the report is 2028 to approximate the size of the market for Electric Vehicle
Supply Equipment.
Icon Market Research’s report on Electric
Vehicle Supply Equipment studies the past and current opportunities of growth
and trends to get a clear picture of the growth indicators of the market for
the forecast period 2021 to 2028. The report also offers the revenue generated
by the Electric Vehicle Supply Equipment market considering 2020 as the
historical year, 2021 as the base year, and 2028 as the forecast year. The
report also consists of the compound annual growth rate (CAGR) for the Electric
Vehicle Supply Equipment market over the forecast period.
Overview Report of Electric Vehicle Supply Equipment Market
The Electric Vehicle Supply Equipment market report
provides information and statistics on market shares, size, restraining
factors, and driving factors for the forecast period 2021 to 2028. It also
mentions the role of main market players in the automotive industry. The report
on Electric Vehicle Supply Equipment market evaluates the value of the market
report, keeping in mind the application and regional segments, market share,
and size while forecasting the market for each product type and application of
the Electric Vehicle Supply Equipment market in different segments of the
report. The research report also mentions some sections of the Electric Vehicle
Supply Equipment market including opportunities, growth, trend, size, demand,
and technology used by prominent players of the market. Then, it gives detailed
profiles of the key players as a part of the competitive landscape of the Electric
Vehicle Supply Equipment market.
The study of the report divides
it into several sub-segments and represents the whole automotive industry. An
estimation of the revenue generated by the entire automotive industry and its
sub-segments are also provided in the report. It decides the factors that
affect the demand of the automotive industry rapidly, including methods of
development, growth networks, and the product model. The report also points out
the greatest prospects for the growth of the automotive market such as
forecasting the growth of the market, the launch of new goods, and analysis of
the product demand, purchase decisions, several economic factors that are
important to determine the trend of Electric Vehicle Supply Equipment market,
and the attractiveness of the market. The report on the Electric Vehicle Supply
Equipment market will help in assisting the stakeholders in identifying
high-potential customers, such as distributors and manufacturers.
Methodology of Electric
Vehicle Supply Equipment Market
The methods used for collecting
information for the report involve 4 main activities. These activities help in
estimating the current size of the Electric Vehicle Supply Equipment market.
Thorough secondary research was conducted to collect information on the Electric
Vehicle Supply Equipment market, such as new technologies coming into the
market, and components connected with this market. Then the collected
information was validated with experts from the automotive industry across all
the value chains through primary researches. Both top-down and bottom-up
approaches were used for estimating the market size.
The secondary research includes
collecting data from sources such as government publications such as
country-level automotive associations and organizations, World Bank, Eurostat,
Organization for Economic Co-operation and Development (OECD), and CDC;
regulatory and corporate filings such as SEC filings, annual reports, investor
presentations, and business magazines, financial statements, press releases,
and research journals, free and paid automotive databases such as Organization
International des Constructer’s d’Automobiles (OICA), Marlines, etc., and
trade, business, and professional associations. The secondary data collected
was then analyzed to predict the overall size of the market which was later
validated with primary research.
Thorough primary research was done
after getting a clear picture of the Electric Vehicle Supply Equipment market
through secondary research. Many market experts were interviewed for the
primary research from both the supply-side players and demand-side players and
across four major regions, namely, Europe, North America, Asia Oceania, and the
Rest of the World. Apart from the interviews, primary data was collected
through mails, questionnaires, and telephonic interviews.
Growth Mapping of Electric
Vehicle Supply Equipment Market
The main aim of the Electric
Vehicle Supply Equipment report is to give the map of the growth for the Electric
Vehicle Supply Equipment market that will help in providing the clients with
the required information for the formulation strategies to meet their
respective business goals. The report also provides deep knowledge of the Electric
Vehicle Supply Equipment for the previous year as well as for the forecast
years and what the CAGR level of the market is going to be. This report is a
synopsis of what the market conditions are going to be while also giving
information regarding the market’s definition, classifications, applications,
and engagements are. This report also aims to analyze the Electric Vehicle
Supply Equipment market’s developments including the market improvement, market
position, and others which are usually done by the prominent players and brands
of the automotive industry. This report also consists of all the market drivers
and restraints which are obtained through SWOT analysis. The report also has
the CAGR values of the Electric Vehicle Supply Equipment market for the base
years 2021, the historic year 2020, and forecast years 2021-2028.
Regional Analysis of Electric Vehicle Supply Equipment Market
The Electric Vehicle Supply Equipment market report provides a study for more than 20 countries and their market players The report covers a regional and country-level analysis that covers North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East. The market is deeply analyzed for each region, which helps in identifying the market trends for each region, growth opportunities, and restraining factors.
For the forecast year 2021-2028,
it has been estimated that North America will the dominating market for Electric
Vehicle Supply Equipment. This
region is expected to see growth in the automotive industry because of the
increasing population, increase in per capita income, and improvement in living
standards. There has been an increase in demand for comfort features in
vehicles and fuel-efficient vehicles which accelerates the growth of the Electric
Vehicle Supply Equipment market. The weight reduction of vehicles and enhanced
energy efficiency is further driving the automotive industry. The other
factors which are driving the growth of the Electric Vehicle Supply Equipment
market include the development of marketing analytics tools and firmly
established existing players in the market. In addition to this, government
agencies, companies, third-party administrators, etc. are channelizing their
efforts to make customer-centric automotive products which will also contribute
to the growth of the Electric Vehicle Supply Equipment market in this region.
Rising demand for vehicles and their parts, increased investment by the
government, new and advanced technology, and machinery, along with the improved
marketing tactics will likely cause the Electric Vehicle Supply Equipment
market to grow substantially.
The Asia Pacific market is estimated to grow at the highest CAGR during
the forecast period (2021-2028). This growth is driven by the increasing research
activities, growing demand for vehicles and parts, and an increasing number of
initiatives by market players for expanding their presence in the APAC, and
higher adoption of Electric Vehicle Supply Equipment in several APAC countries.
Improvements in GDP
per capita and infrastructure development have urbanized the region to a
greater extent turning rural areas into urban areas. The sudden surge in the
demand has caused the cities to fall into unsustainable consumption models. The
top key players in the Electric Vehicle Supply Equipment market are located in
the region. China and India
are expected to offer significant growth opportunities for players operating in
the Electric Vehicle Supply Equipment market, owing to the growing support from
government bodies, increasing demand for new vehicles with special features,
and the presence of less-stringent regulations and data requirements (as
compared to developed countries) in their respective healthcare systems.
Competitive Landscape of Electric Vehicle Supply Equipment Market
The report provides a competitive
landscape on both the quantitative as well as qualitative research of Electric
Vehicle Supply Equipment market. The report also provides detailed insights on
the development methods used by the key market players. The report offers deep
research on the key market players and details on the competitiveness of these
players. The main business strategies used by these players such as mergers and
acquisitions (M&A), collaborations, affiliations, and contracts are also
and analyzed in the report. For each competitor, the report studies their
global presence, service offerings, competitors, and specification. The main
players covered by the study on the global Electric Vehicle Supply Equipment
market are: AeroVironment Inc.; ABB Ltd.; ChargePoint, Inc.; ClipperCreek,
Inc.; Chargemaster PLC; Eaton Corporation; Leviton Manufacturing Co., Inc.;
Leviton Manufacturing Co., Inc.; Leviton Manufacturing Co., Inc.; and Siemens.
The Report Provides Insights on The Following Pointers:
● It
gives a forecast analysis of factors that are driving or restraining the
development of the Electric Vehicle Supply Equipment market.
● The
report gives a seven-year forecast value evaluated on the basis of the current
market performance of the automotive industry.
● It
helps in understanding the main segments of the products and their future.
● The
report gives a deep analysis of changing competition in the market which keeps
you ahead of your competitors.
● The report gives the market
definition of the Electric Vehicle Supply Equipment market along with the
analysis of different factors influencing the market such as drivers,
opportunities, and restraints.
The Report Answers Questions Such As:
● What is the potential opportunity
for the Electric Vehicle Supply Equipment market?
● What are the major drivers,
restraints, and opportunities of the Electric Vehicle Supply Equipment market?
● What is the market share of the
leading segments and sub-segments of the Electric Vehicle Supply Equipment
market in the forecast period (2021-2028)?
● How did the Electric Vehicle
Supply Equipment market evolve?
● How each segment of the Electric
Vehicle Supply Equipment market is expected to grow during the forecast period?
● What is the expected revenue to be
generated by each of the segments by the end of 2028?
● What are the key development
strategies implemented by the key players to stand out in this Electric Vehicle
Supply Equipment market?
● What is the preferred business
model used for building Electric Vehicle Supply Equipment?
● Which area of application is
expected to be the highest revenue generator in the Electric Vehicle Supply
Equipment market during the forecast period?
● Which end-user segment is expected
to be the highest revenue generator in this industry during the forecast period?
● What is the potential of Electric
Vehicle Supply Equipment market in the emerging countries during the forecast
period?
AeroVironment Inc.
ABB Ltd.
ChargePoint, Inc.
ClipperCreek, Inc.
Chargemaster PLC
Eaton Corporation
Leviton Manufacturing Co., Inc.
Leviton Manufacturing Co., Inc.
Leviton Manufacturing Co., Inc.
Siemens.