The report titled “Electric Vehicle Supply Equipment Market” sheds a concentrated focus on the Electric Vehicle Supply Equipment industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.
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The Global Electric Vehicle Supply Equipment Market is estimated to grow from US$ 2.54 Billion in 2019 to reach US$ 27.61 Billion by 2027, at a CAGR of 34.7% during the forecast period.
Top Companies profiled in the Electric Vehicle Supply Equipment Market:
- Tesla (US)
- ABB (Switzerland)
- Siemens (Germany)
- Bosch (Germany)
The portable charger segment is expected to be the fastest growing market. With portable chargers, EV drivers could carry the charger with them and charge the car whenever needed. In addition, a portable charger eliminates the need to develop a charging infrastructure for installing a stationary charging station. Initially, portable chargers were introduced as small and light chargers that could generate sufficient power for short journeys.
The North American market is expected to witness the fastest growth, followed by Europe and Asia Pacific. The electric vehicle supply equipment industry in the country is inclined toward innovation, technology, and development of advanced charging infrastructure. The increasing demand for reducing carbon emission and developing more advanced and fast charging stations are expected to propel the growth.
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Breakdown of primary participants’ profile:
- By Company Type: Tier I – 38%, Tier II – 37%,and Tier III – 25%
- By Designation: C Level – 30%, D Level – 50%,and Others – 20%
- By Region: North America – 31%, Europe – 32%, and Asia Pacific – 37%
Competitive Landscape of Electric Vehicle Supply Equipment Market:
2 Market Ranking Analysis
3 Competitive Scenario
3.1 New Product Developments
3.2 Partnerships/Supply Contracts/Collaborations/ Joint Ventures/Agreements
4 Competitive Leadership Mapping
4.1 Visionary Leaders
4.3 Dynamic Differentiators
4.4 Emerging Companies
5 Competitive Leadership Mapping for SME’s
5.1 Progressive Company
5.2 Resposive Companies
5.3 Dynamic Companies
5.4 Starting Blocks