The Global Electric Vehicle Fast Charging System Market is projected to reach USD 2.30 billion in 2027. The market is expected to be driven due to a higher proliferation of the proliferation of the global electric vehicle sales, technological advancements in EV charging infrastructure, battery management, & electric vehicle sustainability, and increasing push from the governments for the deployment of highway electric vehicles and fast public charging infrastructure and its wide availability.
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Further key findings from the report suggest
- The market in the Asia Pacific region, in terms of value, contributed to the largest market share of plug-in hybrid PHEV in 2019 and is likely to grow at the fastest rate of 39.8% in the forecast period, attributed to increasing concern towards environmental pollution and government support to promote sustainable mobility.
- Heavy duty vehicles are unable to use a similar fast charging infrastructure as the passenger cars. They require bigger battery packs, higher-power stations, and draw more energy and require faster charging systems to charge quickly. This way, the demand for the heavy duty vehicles are deliberately being boosted.
- Key players in the market include Advanced Vehicle Manufacturing, Inc., Delta Electronics, Inc., EVBox, ABB, Blink Charging Co, ChargePoint, Inc., Elmec Inc, Hong Kong EV Power Limited, GARO, Proterra Inc., Schneider Electric, and Siemens, among others.
For the purpose of this report, Emergen Research has segmented into the global Electric Vehicle Fast Charging System Market on the basis of Vehicle Type, Charger Type, Installation Type, Application, Battery Type, Vehicle Technology, and region:
- Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Light Duty Vehicles
- Heavy Duty Vehicles
- Electric Bikes
- Others
- Charger Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- CCS
- CHADEMO
- Tesla Supercharger
- TYPE-2 (IEC 62196)
- Others
- Installation Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Portable
- Fixed
- Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Public
- Private
- Battery Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Lead-Acid
- Nickel-Cadmium (Ni-Cd)
- Lithium-ion (Li-ion)
- Solid State Lithium-ion (SSB)
- Vehicle Technology Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
- Plug-in Hybrid Electric Vehicles (PHEVs)
- Battery Electric Vehicles (BEVs)
The Global Electric Vehicle Fast Charging System Market can be geographically bifurcated on the basis of regional demand, output, and estimated revenue share. The most prominent regions dictating the global market include:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, Japan, India, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
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The following are the main reasons to buy the Global Electric Vehicle Fast Charging System Market report:
- The latest report closely evaluates the overall market size and infers on various aspects, such as the current business trends, market share, product offerings, and product share.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- It offers an insightful analysis of the various regional segments of the market that are projected to witness enormous growth over the forecast period.
- Furthermore, the report covers the latest developments taking place in the market and effective business strategies implemented by the leading market rivals.
The report considers the following market growth estimation timeline:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Electric Vehicle Fast Charging System Market Segmentation & Impact Analysis
4.1. Electric Vehicle Fast Charging System Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing proliferation of heavy duty electric vehicle
4.2.2.2. Extensive rise in the fast public charging infrastructure
4.2.2.3. Technological advancement
4.2.3. Market restraints analysis
4.2.3.1. Unavailability of the sufficient public charging infrastructure
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Electric Vehicle Fast Charging System Market By Charger Type Insights & Trends, Revenue (USD Billion)
5.1. Charger Type Dynamics & Market Share, 2019 & 2027
5.1.1. CCS
5.1.2. CHADEMO
5.1.3. Tesla Supercharger
5.1.4. TYPE-2 (IEC 62196)
5.1.5. Others
Chapter 6. Electric Vehicle Fast Charging System Market By Installation Type Insights & Trends Revenue (USD Billion)
6.1. Installation Type Dynamics & Market Share, 2019 & 2027
6.1.1. Portable
6.1.2. Fixed
CONTINUED…!!
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