APAC Electric Charging Station Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

APAC Electric Charging Station Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

An electric vehicle charging station provides electric energy for the recharging of electric vehicles, including electric cars, neighborhood electric vehicles, and plug-in hybrids. It is also called as EV charging station, electric recharging point, electronic charging station (ECS), and electric vehicle supply equipment (EVSE).
Market Dynamics
Use of electric vehicles is a major step towards reducing environmental hazards caused due to air pollution. Electric vehicles does not emit any hazardous gases that are responsible for air pollution. Due to this reason, many governments and environmental organizations are supporting growth of the electric vehicle market. For instance, according to the Government of India, electric vehicles are being taxed at 12%, as compared to 28% that petrol and diesel vehicles are subjected to.
Many Asian countries are replacing fuel-based vehicles with electric vehicles. For instance, according to Ministry of Energy, Science, Technology, Environment and Climate Change Malaysia, Malaysia is a major country in the adoption of electric vehicles. As per the government initiative known as National Electric Mobility Blueprint (EMB), country will replace diesel and petrol vehicles with electric vehicles and reduce the dependency on fossil fuel and greenhouse gas emissions.
Electric vehicles have more economic benefits over fuel cars. For instance, according to study in University of Michigan, for electric recharge of US$ 1, electric car can travel up to 36kms and for US$ 1, fuel car can travel only up to 18kms. This makes electric vehicles more cost-effective.
The Government of India is taking major steps towards establishing public electric charging stations. According to NITI Ayog report 2021, the Indian government is providing subsidiary for all the private investors investing in establishment of infrastructure for electric charging stations.
Key features of the study:
This report provides in-depth analysis of APAC electric charging station market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the APAC electric charging station market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, electric charging station market capital, key developments, strategies, and future plans
Companies covered as part of this study include PluginIndia.com, Greenlots, Mitsubishi Motors Corporation, ChargePoint, Inc., NARI Technology Co., Ltd, Blink Charging Co, Toshiba Corporation, Magenta Power, Star Charge, and Efacec among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
APAC electric charging station market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the APAC electric charging station market.
Detailed Segmentation:
APAC Electric Charging Station Market, By Charging Station Type:
AC Charging
DC Charging
Wireless Charging
APAC Electric Charging Station Market, By Technology Type:
Level 1
Level 2
Level 3
APAC Electric Charging Station Market, By End User:
Private
Public
APAC Electric charging station Market, By Country :
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Company Profiles
PluginIndia.com
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Greenlots
Mitsubushi Motors Corporation
ChargePoint, Inc.
Efacec
NARI Technology Co., Ltd
Blink Charging Co.
Toshiba Corporation
Magenta Power
Star Charge
“*” marked represents similar segmentation in other categories in the respective section.