Charging the Future: Global Insights into Electric Vehicle Supply Equipment Market Trends

Comprehensive Overview of the Electric Vehicle Supply Equipment Market

Maximize Market Research is pleased to present an insightful report on the “Electric Vehicle Supply Equipment Market”. Our research employs a thorough and foundational approach to analyze the market, considering subjective factors that provide crucial business perspectives for readers. The market overview in this report allows stakeholders to delve into the value chain structure, geographical analysis, applications, market size, and forecasts.

Growth of the Electric Vehicle Supply Equipment Market

Electric Vehicle Supply Equipment Market size was valued at US$ 4.04 Bn. in 2022 and the total revenue is expected to grow at 26.3% of CAGR through 2023 to 2029, reaching nearly US$ 20.72 Bn.

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Electric Vehicle Supply Equipment Report Coverage and Methodology

This report primarily focuses on identifying the key drivers and restraints for major companies, providing a comprehensive evaluation of current competitive benchmarking and development prospects. It delivers a detailed analysis of Electric Vehicle Supply Equipment trends, future insights, and recent market changes, encompassing aspects of the demand chain, supply chain, and sales. Vital information, such as Company Profiles, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin, and Sales by Product in the Electric Vehicle Supply Equipment research, is also included.

Regional Insights for the Electric Vehicle Supply Equipment Market

The Electric Vehicle Supply Equipment report conducts an in-depth assessment of growth trends across regions. The report strategically segments major regions, including North America, Asia Pacific, Europe, South America, and the Middle East and Africa, all of which play a pivotal role in shaping the Retrofitting Service sat a global level.

Electric Vehicle Supply Equipment Segmentation

Global Electric Vehicle Supply Equipment Market, by Type (2022-2029)

• Level 1
• Level 2
• Level 3

Level 2 type retained the biggest market share of xx% by type in 2021. The most popular chargers are Level 2 chargers, which charge more quickly but cost more than Level 1 ones. There are Level 2 chargers in public spaces, businesses, and private households. Although they are offered separately from the vehicle, residential Level 2 chargers are routinely bought at the same time and typically need professional installation. Because they can take voltages beyond 200 volts and can support currents of 12 to 80 amps (as opposed to Level 1 chargers, which are only capable of 10 to 12 amps), Level 2 chargers can charge batteries more quickly. 

Global Electric Vehicle Supply Equipment Market, by Product Type (2022-2029)

• Residential
• Commercial
• Train stations
• Government buildings
• Other

In terms of product type, the EV charging kiosk category was the market leader in 2022. due to the introduction of self-service charging alternatives like increased intelligence interactive EV kiosks. The effectiveness of digital payments for EV users of the infrastructure has also improved thanks to technological advancements like the deployment of Near Field Communication (NFC) and Radio-Frequency Identification (RFID) in EVSE. Additionally, due to the shortage of additional workers in industrialised nations like the U.S., the U.K., and Germany, it has been difficult for owners of electric vehicle charging stations to assign customer service agents during times of high traffic. This is a major factor driving the market for EV charging kiosks.

Global Electric Vehicle Supply Equipment Market, by Application (2022-2029)

• Portable Charger
• EV Charging Kiosk
• Onboard Charging Station
• Others

Based on the applications, the market has been segmented into commercial and residential segments, with the commercial segment expected to dominate the market in 2022. Beneficial government initiatives like the West Coast Electric Highway (WCEH), the Norway to Italy Electric Highway, and the Trans-Canada Highway Project are driving this segment. Electric car supply equipment manufacturers are also putting a lot of emphasis on building electric vehicle charging stations in hotels, malls and resorts to meet the need for charging stations. The deployment of electric vehicle charging stations by hospitality companies like Hyatt Corporation and Marriot International, Inc. is another factor fueling the segment's growth.

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Table of Content: Electric Vehicle Supply Equipment

Part 01: Executive Summary

Part 02: Scope of the Electric Vehicle Supply Equipment Report

Part 03: Electric Vehicle Supply Equipment Landscape

Part 04: Electric Vehicle Supply Equipment Sizing

Part 05: Electric Vehicle Supply Equipment Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key Players in the Electric Vehicle Supply Equipment Market

1. Liberty Plugins (US) 2. Clipper Creek (US) 3. Coritech (US) 4. EVgo Services LLC (US) 5. Blink Charging Co. (US) 6. BTC Power (US) 7. Chargepoint (US) 8. Tesla Motors (US) 9. Andromeda Interfaces Inc (US) 10.Bosch Automotive Service Solutions Inc (US) 11.BYD Motors (US) 12.Eaton Corporation plc (US) 13.General Electric Company (US) 14.Leviton Manufacturing Co. Inc. (US) 15.Delta Electronics, Inc (US) 16.Webasto Group (Germany) 17.Siemens AG (Germany) 18.FullCharger (France) 19.Schneider Electric SE (France) 20.ABB Ltd. (Switzerland) 21.Circontrol (Spain) 22.Efacec Electric Mobility S.A. (Portugal)

Key questions answered in Electric Vehicle Supply Equipment are:

• What is the current growth rate of the Electric Vehicle Supply Equipment Market?
• Who are the key players in the Electric Vehicle Supply Equipment Market?
• What are the factors affecting growth in the Electric Vehicle Supply Equipment Market?
• What are the global trends in the Electric Vehicle Supply Equipment Market?
• What is the expected demand for different types of products in the Electric Vehicle Supply Equipment during the forecast period?

Key Offerings - The Bountiful Treasures

• Bestow upon your quest the treasure map, leading to Market Share, Size, and Revenue Forecast|2023-2029.
• Equip yourself with the magic key - Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends.
• Unlock the hidden gates of Market Segmentation, where the arcane secrets of Electric Vehicle Supply Equipment await your perusal.
• Stand among the giants as you survey the Landscape - Leading key players and other illustrious participants.

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