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With the growing air pollution threat caused by carbon combustion in vehicles, several nations are showing their inclination towards eco-friendly electric vehicles and as a result Electric Vehicles Charging Station Market is about to get a boost in coming years. According to the latest survey, the global electric vehicle charging station market size is estimated to reach 30,758 thousand units by 2027, at a CAGR of 46.6%, from a valued 2,115 thousand units in 2020. However, the on-going COVID-19 pandemic is likely to have an impact on the growth of electric vehicle charging station market. Due to global lockdown in the year 2020, both the production and sales of new electric vehicles had was disrupted worldwide.
The Electric Vehicle Charging Station Market report forecasts the market size and growth analysis of electric vehicle charging station industry by 2027, by in-depth study of historical market research data. The prime categories analyzed for this report are top companies from different geographic regions and type of charging facility provided by the organizations in different regions based on their demand.
The top companies studied for analyzing the electric vehicle charging station market are the following:
ChargePoint (US)
Shell (The Netherlands)
Blink Charging (US)
BYD (China)
Tesla (US)
The report provides details company profile, sales data, revenue, market strategies, gross margin and competitive landscape of the different companies. Additionally, the report estimates the growth trends and forecasts the market size of different charging segments based on the main geographic regions and country-wise data of different organizations for the forecast period.
Based on the study of the charging point category, the Normal Charging segment is expected to lead the growth. The prime region to contribute in the growth of the market size of the electric vehicle charging station market is Asia Pacific with major contribution coming from India and China. For the installation category, Portable chargers are about to lead the league, while ultrafast charging segment shows maximum growth in DC Fast charging category. It helps to consume less power supply and saves energy.
The report is helpful for stakeholders of electric vehicle charging station industry because it provides best growth estimation of electric vehicle charging station market and its sub segments till 2027. The report also shares key insights on major market drivers, restraints, challenges, and opportunities.
