Current and Future Scope of Electric Vehicle Chargers Market in Europe | Projected to Grow at a CAGR of 29.4% to Reach US$ 2,756.4 million | Industry Forecast by 2023

The Europe electric vehicle chargers market was valued at $477.2 million in 2016, and is estimated to reach $2,756.4 million by 2023, growing at a CAGR of 29.4% from 2017 to 2023. Electric vehicle chargers supply electric energy to the battery of an electric vehicle. The European market is expected to witness significant growth rate, owing to surge in awareness and ongoing efforts towards creation of green environment across the developed and developing countries.

The Netherlands electric vehicle chargers market is expected to register the highest CAGR during the forecast period, owing to increase in government expenditure to build smart cities and high investments on building electrical vehicle infrastructure.

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Companies Covered in this Report are:

ABB Ltd.,
Chroma Ate Inc. (Chroma),
Innogy SE,
KEBA AG,
Mennekes Elektrotechnik GmbH & Co. KG,
POD Point Ltd.,
Chargemaster PLC,
Robert Bosch GmbH,
Schaffner Holding AG,
Silicon Laboratories, Inc.,
Siemens AG.

The report presents analysis on the key strategies adopted by these players and the detailed analysis of the current trends, upcoming opportunities, and restraints of the Europe electric vehicle chargers market.

Government regulations to limit environment pollution, high rate of market penetration of electric vehicles, and government policies such as subsidizes and tax rebates on the adoption of electric vehicles drive the market growth.

The Europe electric vehicle chargers market is segmented based on vehicle type, charging type, end user, and country. The vehicle type covered in the study includes battery electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles. Based on charging type, the market is classified into on-board chargers and off-board chargers. Based on end user, it is bifurcated into residential and commercial. The report covers the detailed analysis of the various European countries including UK, Germany, France, Italy, Norway, Netherlands, Scandinavia, Spain, Portugal, Poland, Czech, Slovakia, and rest of Europe.

KEY BENEFITS FOR STAKEHOLDERS
In-depth analysis and dynamics of the Europe electric vehicle chargers market is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.
Porter’s Five Forces analysis examines the competitive structure and provides a clear understanding of the factors that influence market entry and expansion.
A detailed analysis of the geographical segments enables the identification of profitable segments for market players.
Comprehensive analysis of the trends, subsegments, and key revenue pockets of the market is provided.

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KEY MARKET SEGMENTS

By Vehicle Type
Battery Electric Vehicles
Plug-in Hybrid Electric Vehicles
Hybrid Electric Vehicles

By Charging Type
On-board Chargers
Off-board Chargers

By End User
Residential
Commercial

By Country
UK
Germany
France
Italy
Norway
Netherlands
Scandinavia
Spain
Portugal
Poland
Czech
Slovakia
Rest of Europe

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Posted by on Monday October 21 2019, 7:02 AM EST. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Business Services, Featured Press Release, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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