Market Research Report
EV Charging Equipment Market Overview - Level 1, Level 2, DC Fast Charging and Wireless Charging by Market Segment: Global Market Analysis and Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||209301|
|Published||Content info||50 Pages; 49 Tables, Charts & Figures
Delivery time: 1-2 business days
|EV Charging Equipment Market Overview - Level 1, Level 2, DC Fast Charging and Wireless Charging by Market Segment: Global Market Analysis and Forecasts|
|Published: April 18, 2019||Content info: 50 Pages; 49 Tables, Charts & Figures||
The plug-in EV (PEV) market is growing quickly and threatens to displace conventional vehicles in once considered off-limit segments like heavy duty vehicles and pick-up trucks. Continued success of PEVs is fueling a rapid population increase that will require significant investments in charging infrastructure. Globally, the number of PEVs in use exceeded 5 million in 2018; by 2030, Navigant Research expects 127 million in-use PEVs. Much of the growth is expected to occur in the latter half of the 2020s.
To support this surging population, the EV charging industry is predicted to mature rapidly and become increasingly competitive. Investments and acquisitions from major energy companies will drive a surge in public charger deployments and commercialization of the next wave of chargers that can provide smarter, faster, and more convenient charging services. The nature of PEV energy demand is expected to change and the capability of grid operators to influence demand is anticipated to improve. Vehicle grid integration (VGI) technologies will likely continue to mature and grid regulatory structures are expected to evolve, creating opportunities for charge point operators (CPOs) and companies providing charger management platforms.
This Navigant Research report provides an overview of the current state of the global EV charging industry. The study covers global EV charging technologies, the market drivers and challenges, the competitive landscape, and the extent the market is likely to grow over the next decade given the momentum of global PEV markets. Global market forecasts for charger sales, installation, services, and energy consumption extend through 2030. The report also assesses the key emerging market and technology trends.