The global electric vehicle charging stations market is expected to be valued at USD 49.53 Billion in 2027 from USD 3.64 Billion in 2019, registering a CAGR of 38.5% through the forecast period. The global market growth is mainly attributed to the rising government investments in electric vehicle (EV) charging infrastructure, boom in production and sales of electric and hybrid vehicles, technological advancements in EV charging equipment, and the reduced prices of lithium-ion batteries.
Top Leading market competitors include Tesla Inc., Chargepoint, Inc., ABB Ltd., Electrify America LLC., EVGO Services LLC, OPConnect, Inc., SemaConnect Network, BP Chargemaster, EV Connect, and Greenlots.
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Key Highlights of the Report:
In November 2020, eBikeGo, the leading electric mobility platform in India, announced its plans to install up to 3,000 EV charging stations across five Indian cities, including New Delhi, Chennai, Bengaluru, Mumbai, and Hyderabad, by February 2021. The company said the IoT-enabled charging stations would be highly compatible with electric two-wheelers.
For the purpose of this study, Emergen Research has segmented the global electric vehicle charging stations market based on charging infrastructure type, charging level, vehicle type, installation type, application, and region:
By Region (Revenue, USD Billion; 2017-2027)
- North America
- S.
- Canada
- Europe
- Germany
- K.
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- A.E.
- Rest of Middle East & Africa
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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