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South Korea EV Charging Station Market, By Level of Charging (Level 1, Level 2, Level 3); By Charging Point (AC Charging, DC Charging); By Installation (Fixed, Portable); By Application (Private, Semi-Public, Public); By Charging Service (EV Charging Serv

Publisher BlueWeave Consulting
Published Sep 26, 2024
Length 120 Pages
SKU # BLWC19215316

Description

South Korea EV Charging Station Market, By Level of Charging (Level 1, Level 2, Level 3); By Charging Point (AC Charging, DC Charging); By Installation (Fixed, Portable); By Application (Private, Semi-Public, Public); By Charging Service (EV Charging Service, Battery Swapping Service); By Charging Infrastructure (Type 1, Type 2, CCS, CHAdeMO, Tesla SC (NACS), GB/T Fast); By DC Fast Charging (Slow DC (<49 kW), Fast DC (50–149 kW), DC Ultra-Fast 1 (150–349 kW), DC Ultra-Fast 2 (>349 kW)); By Electric Bus Charging Type (Off-board Top-down Pantograph, On-board Bottom-up Pantograph, Charging Via Connector), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


South Korea EV Charging Station Market Zooming 10X to Touch USD Staggering Value of 14 Billion by 2030
South Korea EV Charging Station Market is thriving due to government incentives, growing EV adoption, technological advancements, increasing environmental awareness, and expanding charging infrastructure to support sustainable transportation.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated South Korea EV Charging Station Market size by value at USD 1,386.42 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects South Korea EV Charging Station Market size to expand at a CAGR of 39.15% reaching a value of USD 13,912.79 million by 2030. South Korea EV Charging Station Market is driven by rapid adoption of EVs, government incentives for EV infrastructure development, and increasing environmental awareness. The expansion of urban areas and a focus on reducing carbon emissions further stimulate demand. Technological advancements in charging solutions and the establishment of a comprehensive charging network also play crucial roles. Additionally, supportive policies and investments from both public and private sectors bolster market growth.
Opportunity – Smart Charging Technologies
South Korea EV Charging Station Market is experiencing robust growth due to advancements in smart charging technologies. These innovations, including real-time energy management, automated load balancing, and integration with renewable energy sources, enhance the efficiency and convenience of EV charging. By optimizing energy usage and reducing costs, smart charging solutions support the increased adoption of electric vehicles and the expansion of charging infrastructure, driving market growth in South Korea.
Impact of Escalating Geopolitical Tensions on South Korea EV Charging Station Market
Escalating geopolitical tensions could affect South Korea EV Charging Station Market by disrupting supply chains and increasing costs for materials and components. Uncertainty may deter foreign investment and hinder technological collaboration, slowing market growth. Trade restrictions could lead to delays in importing essential equipment and influence the cost structure. Additionally, political instability might undermine consumer confidence and adoption rates, potentially impeding the expansion of EV infrastructure and related services in South Korea.
Fast DC Charging Segment Holds Largest Share of South Korea Market
The fast DC (50–149 kW) segment accounts for the largest share of South Korea EV Charging Station Market, due to its balance between charging speed and infrastructure cost, making it a preferred choice for widespread adoption and accessibility. Fast DC chargers are suitable for both public and commercial installations, supporting efficient charging times while remaining economically viable for various stakeholders in the growing electric vehicle ecosystem. The other major segments in South Korea EV Charging Station Market by DC fast charging include slow DC (<49 kW), DC ultra-fast 1 (150–349 kW), and DC ultra-fast 2 (>349 kW).
Competitive Landscape
South Korea EV Charging Station Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include ABB Ltd, ChargePoint, Inc., Tesla Inc., Shell Recharge Solutions, Star Charge, TELD, Siemens, BYD, EVgo, and Hyundai Motor Company. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in South Korea EV Charging Station Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of South Korea EV Charging Station Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in South Korea EV Charging Station Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the Market.

Table of Contents

120 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. South Korea EV Charging Station Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Government Incentives
3.2.1.2. Rapid EV Adoption
3.2.1.3. Infrastructure Development
3.2.2. Restraints
3.2.2.1. Charging Infrastructure Gaps
3.2.2.2. High Installation Costs
3.2.2.3. Charging Time Concerns
3.2.3. Opportunities
3.2.3.1. Ongoing Market Expansion
3.2.3.2. Smart Charging Technologies
3.2.3.3. Export Potential
3.2.4. Challenges
3.2.4.1. High Competition
3.2.4.2. Grid Capacity Constraints
3.2.4.3. Standardization Challenges
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. South Korea EV Charging Station Market: Marketing Strategies
5. South Korea EV Charging Station Market Overview
5.1. Market Size & Forecast, 2019–2030
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Level of Charging
5.2.1.1. Level 1
5.2.1.2. Level 2
5.2.1.3. Level 3
5.2.2. By Charging Point
5.2.2.1. AC Charging
5.2.2.2. DC Charging
5.2.3. By Installation
5.2.3.1. Fixed
5.2.3.2. Portable
5.2.4. By Application
5.2.4.1. Private
5.2.4.2. Semi-Public
5.2.4.3. Public
5.2.5. By Charging Service
5.2.5.1. EV Charging Service
5.2.5.2. Battery Swapping Service
5.2.6. By Charging Infrastructure
5.2.6.1. Type 1
5.2.6.2. Type 2
5.2.6.3. CCS
5.2.6.4. CHAdeMO
5.2.6.5. Tesla SC (NACS)
5.2.6.6. GB/T Fast
5.2.7. By DC Fast Charging
5.2.7.1. Slow DC (<49 kW)
5.2.7.2. Fast DC (50–149 kW)
5.2.7.3. DC Ultra-Fast 1 (150–349 kW)
5.2.7.4. DC Ultra-Fast 2 (>349 kW)
5.2.8. By Electric Bus Charging Type
5.2.8.1. Off-board Top-down Pantograph
5.2.8.2. On-board Bottom-up Pantograph
5.2.8.3. Charging Via Connector
6. Competitive Landscape
6.1. List of Key Players and Their Offerings
6.2. South Korea EV Charging Station Company Market Share Analysis, 2023
6.3. Competitive Benchmarking, By Operating Parameters
6.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
7. Impact of Escalating Geopolitical Tensions on South Korea EV Charging Station Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
8.1. ABB Ltd
8.2. ChargePoint, Inc
8.3. Tesla Inc
8.4. Shell Recharge Solutions
8.5. Star Charge
8.6. TELD
8.7. Siemens
8.8. BYD
8.9. EVgo
8.10. Hyundai Motor Company
8.11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
10.1. Qualitative Research
10.1.1. Primary & Secondary Research
10.2. Quantitative Research
10.3. Market Breakdown & Data Triangulation
10.3.1. Secondary Research
10.3.2. Primary Research
10.4. Breakdown of Primary Research Respondents, By Region
10.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 South Korea EV Charging Station Segmentation
Figure 2 South Korea EV Charging Station Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 South Korea EV Charging Station Market Share, By Level of Charging, By Value (USD Million), 2019–2030
Figure 5 South Korea EV Charging Station Market Share, By Charging Point, By Value, 2019–2030
Figure 6 South Korea EV Charging Station Market Share, By Application, By Value, 2019–2030
Figure 7 South Korea EV Charging Station Market Share, By Charging Service, By Value (USD Million), 2019–2030
Figure 8 South Korea EV Charging Station Market Share, By Charging Infrastructure, By Value, 2019–2030
Figure 9 South Korea EV Charging Station Market Share, By DC Fast Charging, By Value, 2019–2030
Figure 10 South Korea EV Charging Station Market Share, By Electric Bus Charging Type, By Value, 2019–2030
List of Tables
Table 1 South Korea EV Charging Station Market Share, By Level of Charging, By Value (USD Million), 2019–2030
Table 2 South Korea EV Charging Station Market Share, By Charging Point, By Value, 2019–2030
Table 3 South Korea EV Charging Station Market Share, By Application, By Value, 2019–2030
Table 4 South Korea EV Charging Station Market Share, By Charging Service, By Value (USD Million), 2019–2030
Table 5 South Korea EV Charging Station Market Share, By Charging Infrastructure, By Value, 2019–2030
Table 6 South Korea EV Charging Station Market Share, By DC Fast Charging, By Value, 2019–2030
Table 7 South Korea EV Charging Station Market Share, By Electric Bus Charging Type, By Value, 2019–2030
Table 8 ABB Ltd Company Overview
Table 9 ABB Ltd Financial Overview
Table 10 ChargePoint, Inc. Company Overview
Table 11 ChargePoint, Inc. Financial Overview
Table 12 Tesla Inc Company Overview
Table 13 Tesla Inc. Financial Overview
Table 14 Shell Recharge Solutions Company Overview
Table 15 Shell Recharge Solutions Financial Overview
Table 16 Star Charge Company Overview
Table 17 Star Charge Financial Overview
Table 18 TELD Company Overview
Table 19 TELD Financial Overview
Table 20 Siemens Company Overview
Table 21 Siemens Financial Overview
Table 22 BYD Company Overview
Table 23 BYD Financial Overview
Table 24 EVgo Company Overview
Table 25 EVgo Financial Overview
Table 26 Hyundai Motor Company: Company Overview
Table 27 Hyundai Motor Company Financial Overview

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