Market Research Report
United Kingdom Electric Vehicle Charging Infrastructure Market, By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging, By Region, Competition Forecast & Opportunities, 2017-2027
|United Kingdom Electric Vehicle Charging Infrastructure Market, By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging, By Region, Competition Forecast & Opportunities, 2017-2027|
Published: July 1, 2022
Content info: 73 Pages
Delivery time: 2-3 business days
United Kingdom electric vehicle charging infrastructure market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the high demand for electric vehicles due to rising concerns related to vehicular pollution and enhanced environmental awareness. A surge in demand for efficient charging has led to an increased focus on expanding charging facilities in the country. Hence, private players and government bodies are investing huge sums of money for improving electric vehicle infrastructure, contributing to market growth. In 2021, the sales of electric vehicles increased by 76.3% and currently, 450,000 electric cars are running across the country due to greater affordability and enhanced efficiency of vehicles. Rising government and private sector initiatives to encourage the adoption of electric vehicles are also expected to propel market growth. Moreover, the development of technologies such as portable charging stations, smart charging with load management, automated payment technology, etc., is anticipated to create more growth opportunities for the United Kingdom electric vehicle charging infrastructure market in the coming years. The emergence of self-driving vehicles and the growing popularity of the mobility-as-a-service (MaaS) model is also projected to drive the United Kingdom electric vehicle charging infrastructure market in the coming years.
The United Kingdom electric vehicle charging infrastructure market is segmented by vehicle type, type, charging mode, installed location, connector type, type of charging, competitional landscape, and regional distribution. Based on the vehicle type, the market is divided into two-wheeler, passenger car, and commercial vehicle. The passenger car segment is anticipated to register the highest growth in the United Kingdom electric vehicle charging infrastructure market owing to a shift in the consumers preference to purchase electric vehicles due to their cost-effectiveness, low maintenance, and environment-friendly nature.
Major players in the United Kingdom electric vehicle charging infrastructure market are Chargemaster Limited (BP Pulse), SWARCO UK (ChargePlace Scotland), ChargeYourCar Ltd., Fastned, Geniepoint, Gridserve, Tesla Inc., Pod Point, ABB Ltd., Instavolt, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom electric vehicle charging infrastructure market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, United Kingdom electric vehicle charging infrastructure market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Yorkshire & Humberside
Company Profiles: Detailed analysis of the major companies present in United Kingdom electric vehicle charging infrastructure market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
(Note: The companies list can be customized based on the client requirements.)