LONDON–(BUSINESS WIRE)–Nov 19, 2020–Technavio has been monitoring the EV charging station market and it’s poised to develop by USD 19.9 bn throughout 2020-2024, progressing at a CAGR of just about 34% throughout the forecast interval. The report affords an up-to-date evaluation relating to the present market situation, newest developments and drivers, and the general market atmosphere.This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/dwelling/20201119006050/en/Technavio has introduced its newest market analysis report titled World Electrical Car (EV) Charging Station Market 2020-2024 (Graphic: Enterprise Wire)Click on & Get Free pattern report in minutesImpact of COVID-19The COVID-19 pandemic continues to rework the expansion of assorted industries, nonetheless, the quick affect of the outbreak is diverse. Whereas just a few industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising development alternatives. COVID-19 may have a low affect on the electrical car (EV) charging station market. The market development in 2020 is more likely to improve in comparison with the market development in 2019.Regularly Requested Questions:What are the main developments out there?
The deployment of good grids for EVs is a significant pattern driving the expansion of the market.At what fee is the market projected to develop?
The market will speed up at a CAGR of just about 34% and the incremental development of the market is anticipated to be $ 19.9 bn.Who’re the highest gamers out there?
ABB Ltd., ChargePoint Inc., Efacec Energy Options SGPS SA, ENGIE SA, EVgo Companies LLC, Leviton Manufacturing Co. Inc., Schneider Electrical SE, Siemens AG, Tesla Inc., and Webasto SE., are among the main market contributors.What’s the key market driver?
The rising adoption of BEVs and PHEVs is among the main components driving the market.How huge is the APAC market?
The APAC area will contribute to 45% of the market share.Associated Reviews on Shopper Discretionary Embrace:Automotive Digital Management Unit Market by Utility and Geography – Forecast and Evaluation 2020-2024 – The automotive digital management unit market dimension has the potential to develop by USD 10.94 billion throughout 2020-2024, and the market’s development momentum will speed up throughout the forecast interval. To get in depth analysis insights: Click on and get FREE pattern report in minutesMassage Gear Market by Product, Finish-user, Kind, and Geography – Forecast and Evaluation 2020-2024 – The therapeutic massage tools market dimension has the potential to develop by USD 3.27 billion throughout 2020-2024, and the market’s development momentum will speed up throughout the forecast interval. To get in depth analysis insights: Click on and get FREE pattern report in minutesBuy 1 Technavio report and get the second for 50% off. Purchase 2 Technavio stories and get the third totally free.View market snapshot earlier than purchasingThe market is fragmented, and the diploma of fragmentation will speed up throughout the forecast interval. ABB Ltd., ChargePoint Inc., Efacec Energy Options SGPS SA, ENGIE SA, EVgo Companies LLC, Leviton Manufacturing Co. Inc., Schneider Electrical SE, Siemens AG, Tesla Inc., and Webasto SE. are among the main market contributors. The rising adoption of BEVs and PHEVs will supply immense development alternatives. In a bid to assist gamers strengthen their market foothold, this electrical car (EV) charging station market forecast report gives an in depth evaluation of the main market distributors. The report additionally empowers business honchos with info on the aggressive panorama and insights into the totally different product choices supplied by numerous corporations.Technavio’s customized analysis stories supply detailed insights on the affect of COVID-19 at an business stage, a regional stage, and subsequent provide chain operations. This custom-made report may also assist purchasers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and important developments in vendor operations and authorities laws.Electrical Car (EV) Charging Station Market 2020-2024: SegmentationEV Charging Station Market is segmented as beneath:TypeGeographic LandscapeAPACEuropeMEANorth AmericaSouth AmericaTo study extra in regards to the world developments impacting the way forward for market analysis, obtain a free pattern: https://www.technavio.com/talk-to-us?report=IRTNTR40837Electrical Car (EV) Charging Station Market 2020-2024: ScopeTechnavio presents an in depth image of the market by the way in which of research, synthesis, and summation of knowledge from a number of sources. The electrical car (EV) charging station market report covers the next areas:Electrical Car (EV) Charging Station Market SizeElectric Car (EV) Charging Station Market TrendsElectric Car (EV) Charging Station Market Trade AnalysisThis research identifies deployment of good grids for EVs as one of many prime causes driving the EV charging station .market development throughout the subsequent few years.Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the affect of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis stories.Register for a free trial immediately and acquire prompt entry to 17,000+ market analysis stories.Technavio’s SUBSCRIPTION platformEV Charging Station Market 2020-2024: Key HighlightsCAGR of the market throughout the forecast interval 2020-2024Detailed info on components that may help electrical car (EV) charging station market development throughout the subsequent 5 yearsEstimation of the electrical car (EV) charging station market dimension and its contribution to the mum or dad marketPredictions on upcoming developments and modifications in client behaviorThe development of the electrical car (EV) charging station marketAnalysis of the market’s aggressive panorama and detailed info on vendorsComprehensive particulars of things that may problem the expansion of electrical car (EV) charging station market vendorsTable of Contents:PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORT2.1 Preface2.2 Forex conversion charges for US$PART 03: MARKET LANDSCAPEMarket ecosystemMarket characteristicsValue chain analysisMarket segmentation analysisPART 04: MARKET SIZINGMarket definitionMarket sizing 2019Market OutlookMarket dimension and forecast 2019-2024PART 05: FIVE FORCES ANALYSISBargaining energy of buyersBargaining energy of suppliersThreat of latest entrantsThreat of substitutesThreat of rivalryMarket conditionPART 06: MARKET SEGMENTATION BY TYPEMarket segmentation by typeComparison by typeAC – Market dimension and forecast 2019-2024DC – Market dimension and forecast 2019-2024Market alternative by typePART 07: CUSTOMER LANDSCAPEPART 08: GEOGRAPHIC LANDSCAPEGeographic segmentationGeographic comparisonAPAC – Market dimension and forecast 2019-2024Europe – Market dimension and forecast 2019-2024North America – Market dimension and forecast 2019-2024MEA – Market dimension and forecast 2019-2024South America – Market dimension and forecast 2019-2024Key main countriesMarket opportunityPART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGESMarket driversMarket challengesPART 11: MARKET TRENDSIncreasing variety of launches within the area of EV charging solutionsVehicle-to-grid infrastructure for decentralized energy generationDeployment of good grids for EVsPART 12: VENDOR LANDSCAPEOverviewLandscape disruptionCompetitive scenarioPART 13: VENDOR ANALYSISVendors coveredVendor classificationMarket positioning of vendorsABB Ltd.ChargePoint Inc.Efacec Energy Options SGPS SAENGIE SAEVgo Companies LLCLeviton Manufacturing Co. Inc.Schneider Electrical SESiemens AGTesla Inc.Webasto SEPART 14: APPENDIXResearch methodologyList of abbreviationsDefinition of market positioning of vendorsPART 15: EXPLORE TECHNAVIOAbout UsTechnavio is a number one world expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market developments and gives actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, masking 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.View supply model on businesswire.com:https://www.businesswire.com/information/dwelling/20201119006050/en/CONTACT: Technavio ResearchJesse MaidaMedia & Advertising and marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Electronic mail:firstname.lastname@example.orgWebsite:www.technavio.com/KEYWORD:INDUSTRY KEYWORD: GENERAL AUTOMOTIVE AUTOMOTIVE ALTERNATIVE VEHICLES/FUELSSOURCE: Technavio ResearchCopyright Enterprise Wire 2020.PUB: 11/19/2020 12:45 PM/DISC: 11/19/2020 12:45 PMhttp://www.businesswire.com/information/dwelling/20201119006050/en