Across Europe, plug-in electric vehicles (PEVs) are being delivered by the thousands each month. The EV charging infrastructure that enables vehicles to charge at home, at the workplace, and in public spaces is simultaneously being rolled out utilizing a variety of deployment models and several different technology configurations. By 2020, Pike Research forecasts that more than 2.9 million PEVs will be on Europe's roadways and that the region will have more than 4.1 million EV charging stations installed.
The top five European markets for EV supply equipment (EVSE) will be Germany, France, the United Kingdom, the Netherlands, and Italy, with this group representing more than 60% of the total market. The dynamics of demand for EVSE will be different in Europe than in other parts of the world; for example, residential charging equipment adoption will be slower than in North America as more EV owners will opt to use base power from a wall outlet or will rely primarily on commercial charging stations.
This Pike Research report examines key market trends and drivers for the deployment of electric vehicle charging equipment across Europe. The study includes a comprehensive analysis of business models and demand factors, technology and standards issues, and the strategies of key industry players within the region. Detailed market forecasts are provided for 19 European countries and seven key market segments, including projections for equipment sales and revenue through 2020.