An electric vehicle (EV) charger supplies the electricity required to recharge the batteries in pure EVs and plug-in hybrid electric vehicle (PHEVs). They are also called as EV supply equipment (EVSE), and electric charging points. The market includes wired or wireless EV charger which is used residentially or commercially to charge EVs (pure EVs and PHEVs). The global automotive industry is focusing on exploring alternative propulsion technologies to curb vehicle emissions and achieve higher fuel economy in vehicles.
Technavio’s analysts forecast the global electric vehicle charger market to grow at a CAGR of 43.72% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global electric vehicle charger market for 2017-2021. To calculate the market size, the report considers EV charger available volume.
The market is divided into the following segments based on geography: • APAC • Europe • North America
Technavio’s report, Global Electric Vehicle Charger Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • ABB • AddÉnergie • Bosch • Delphi Automotive • Efacec • EV-Box • Gill Industries • Mojo Mobility • Momentum Dynamics corporation • POD Point • Signet Electronic Systems • WiTricity
Market driver • Government incentives and subsidies for EV charger infrastructure developments • For a full, detailed list, view our report
Market challenge • Stringent approval rules for establishment of a charger unit • For a full, detailed list, view our report
Market trend • Powering EV charging stations through renewable energy • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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