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Electric Vehicle AC Charger Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Nov 01, 2024
Length 146 Pages
SKU # FOB19326481

Description

Electric Vehicle AC Charger Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Electric Vehicle AC Charger Market

The Electric Vehicle AC Charger Market size was valued at USD 3.68 billion in 2021 and is projected to grow from USD 4.37 billion in 2022 to USD 33.57 billion by 2029, exhibiting a CAGR of 33.82% during the forecast period of 2024-2032.

The COVID-19 pandemic first of all disrupted the electric car (EV) AC charger market because of lockdowns, restrained manufacturing, and deliver chain delays. Production and sales of EVs and chargers slowed, developing setbacks for the industry. However, as economies reopened, there has been a sturdy resurgence in EV demand, pushed via accelerated interest in sustainable power solutions. Governments global provided incentives for EV adoption, aiming to enhance green mobility. This submit-pandemic momentum has multiplied the need for reachable and efficient EV charging infrastructure, with the AC charger market experiencing renewed increase as producers ramp up manufacturing to fulfill growing call for.

One prominent fashion within the EV AC charger market is the adoption of smart charging generation. Smart chargers permit for grid communication and allow optimized charging schedules that may lessen height load at the grid, decrease strength prices, and help renewable power integration. These chargers are specifically appealing to residential and business users who benefit from far flung tracking and automatic features. As electric utilities seek approaches to decorate strength efficiency and decrease emissions, the deployment of clever charging stations has won traction, contributing to the increase and sophistication of the EV charging market.

The growing adoption of electric cars, pushed by using environmental issues and authorities incentives, is a prime factor propelling the EV AC charger market. As nations commit to phasing out inner combustion engine automobiles, there is an urgent want for on hand charging infrastructure to guide a growing EV fleet. Policies inclusive of tax rebates, zero-emission goals, and subsidies have encouraged each customers and corporations to transition to EVs. This surge in EV possession immediately influences the call for for AC chargers, as they offer a convenient and price-effective charging answer for domestic and place of job use, making them important to the EV ecosystem.

Comprehensive Analysis of Electric Vehicle AC Charger Market

The Electric Vehicle AC Charger Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by end-user, by vehicle type, by product. By End-user include Residential Charging, Commercial Charging. By Vehicle Type include BEV, PHEV. By Product include Standard Charger, Fast Charger.

The Asia Pacific location lead the Electric Vehicle AC Charger Market share percentage via benefitting a marketplace size of USD 2.26 billion The surge in the adoption of electric vehicle charging stations, such as in China, is driving the market growth.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

July 2022: T-Mobile US partnered with Versa to growth the T-SIMsecure platform, which uses the IMSI and International Mobile Equipment Identity (IMEI) specs for clientless authentication. This has delivered approximately computerized authorization through a SIM card of devices related to T-Mobile's community, which incorporates traditional networks which incorporates the Internet of Things (IoT) and routers which might be often hard to steady.

Segmentation Table

ATTRIBUTE

DETAILS

Study Period

2018-2029

Base Year

2021

Estimated Year

2022

Forecast Period

2022-2029

Historical Period

2018-2020

Unit

Value (USD Billion)

By End-user

Residential Charging

Commercial Charging

By Vehicle Type

BEV

PHEV

By Product

Standard Charger

Fast Charger

By Geography

North America (By End-user, By Vehicle Type, By Product)
  • U.S.
  • Canada
Europe (By End-user, By Vehicle Type, By Product)
  • U.K.
  • Germany
  • France
  • Rest of Europe
Asia Pacific (By End-user, By Vehicle Type, By Product)
  • China
  • India
  • Japan
  • Rest of Asia Pacific
Rest of the World (By End-user, By Vehicle Type, By Product)
  • Middle East and Africa
  • Latin America
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Table of Contents

146 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Industry Developments –Mergers, Acquisitions and Partnerships
4.2. Porters Five Forces Analysis
4.3. PEST Analysis
4.4. Technological Development
4.5. Impact Of Covid-19
5. Global Electric Vehicle AC Charger Market Analysis, Insights and Forecast, 2018-2029
5.1. Key Findings / Definitions
5.2. Market Analysis, Insights and Forecast – By End User
5.2.1. Residential Charging
5.2.2. Commercial Charging
5.3. Market Analysis, Insights and Forecast – By Vehicle Type
5.3.1. BEV
5.3.2. PHEV
5.4. Market Analysis, Insights and Forecast – By Product
5.4.1. Standard Charger
5.4.2. Fast Charger
5.5. Market Analysis, Insights and Forecast – By Region
5.5.1. North America
5.5.2. Europe
5.5.3. Asia pacific
5.5.4. Rest OF The World
6. North America Electric Vehicle AC Charger Market Analysis, Insights and Forecast, 2018-2029
6.1. Market Analysis, Insights and Forecast – By End User
6.1.1. Residential Charging
6.1.2. Commercial Charging
6.2. Market Analysis, Insights and Forecast – By Vehicle Type
6.2.1. BEV
6.2.2. PHEV
6.3. Market Analysis, Insights and Forecast – By Product
6.3.1. Standard Charger
6.3.2. Fast Charger
6.4. Market Analysis – By Country
6.4.1. The U.S.
6.4.2. Canada
7. Europe Electric Vehicle AC Charger Market Analysis, Insights and Forecast, 2018-2029
7.1. Market Analysis, Insights and Forecast – By End User
7.1.1. Residential Charging
7.1.2. Commercial Charging
7.2. Market Analysis, Insights and Forecast – By Vehicle Type
7.2.1. BEV
7.2.2. PHEV
7.3. Market Analysis, Insights and Forecast – By Product
7.3.1. Standard Charger
7.3.2. Fast Charger
7.4. Market Analysis – By Country
7.4.1. The U.K
7.4.2. Germany
7.4.3. France
7.4.4. Rest of Europe
8. Asia Pacific Electric Vehicle AC Charger Market Analysis, Insights and Forecast, 2018-2029
8.1. Market Analysis, Insights and Forecast – By End User
8.1.1. Residential Charging
8.1.2. Commercial Charging
8.2. Market Analysis, Insights and Forecast – By Vehicle Type
8.2.1. BEV
8.2.2. PHEV
8.3. Market Analysis, Insights and Forecast – By Product
8.3.1. Standard Charger
8.3.2. Fast Charger
8.4. Market Analysis – By Country
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. Rest of Asia Pacific
9. Rest of the World Electric Vehicle AC Charger Market Analysis, Insights and Forecast, 2018-2029
9.1. Market Analysis, Insights and Forecast – By End User
9.1.1. Residential Charging
9.1.2. Commercial Charging
9.2. Market Analysis, Insights and Forecast – By Vehicle Type
9.2.1. BEV
9.2.2. PHEV
9.3. Market Analysis, Insights and Forecast – By Product
9.3.1. Standard Charger
9.3.2. Fast Charger
9.4. Market Analysis – By Sub-Region
9.4.1. The Middle East & Africa
9.4.2. Latin America
10. Competitive Analysis
10.1. Key Industry Development
10.2. Global Market Ranking Analysis (2021)
10.3. Competition Dashboard
10.4. Comparative Analysis – Major Players
10.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
10.5.1. Siemens AG
10.5.1.1. Overview,
10.5.1.2. Products & services,
10.5.1.3. SWOT analysis,
10.5.1.4. Recent developments,
10.5.1.5. strategies,
10.5.1.6. financials (based on availability)
10.5.2. Blink Charging Co.
10.5.2.1. Overview,
10.5.2.2. Products & services,
10.5.2.3. SWOT analysis,
10.5.2.4. Recent developments,
10.5.2.5. strategies,
10.5.2.6. financials (based on availability)
10.5.3. ABB
10.5.3.1. Overview,
10.5.3.2. Products & services,
10.5.3.3. SWOT analysis,
10.5.3.4. Recent developments,
10.5.3.5. strategies,
10.5.3.6. financials (based on availability)
10.5.4. ChargePoint Inc.
10.5.4.1. Overview,
10.5.4.2. Products & services,
10.5.4.3. SWOT analysis,
10.5.4.4. Recent developments,
10.5.4.5. strategies,
10.5.4.6. financials (based on availability)
10.5.5. Schneider Electric
10.5.5.1. Overview,
10.5.5.2. Products & services,
10.5.5.3. SWOT analysis,
10.5.5.4. Recent developments,
10.5.5.5. strategies,
10.5.5.6. financials (based on availability)
10.5.6. Robert Bosch GmbH
10.5.6.1. Overview,
10.5.6.2. Products & services,
10.5.6.3. SWOT analysis,
10.5.6.4. Recent developments,
10.5.6.5. strategies,
10.5.6.6. financials (based on availability)
10.5.7. Eaton
10.5.7.1. Overview,
10.5.7.2. Products & services,
10.5.7.3. SWOT analysis,
10.5.7.4. Recent developments,
10.5.7.5. strategies,
10.5.7.6. financials (based on availability)
10.5.8. EVBox
10.5.8.1. Overview,
10.5.8.2. Products & services,
10.5.8.3. SWOT analysis,
10.5.8.4. Recent developments,
10.5.8.5. strategies,
10.5.8.6. financials (based on availability)
10.5.9. Wallbox Inc.
10.5.9.1. Overview,
10.5.9.2. Products & services,
10.5.9.3. SWOT analysis,
10.5.9.4. Recent developments,
10.5.9.5. strategies,
10.5.9.6. financials (based on availability)
10.5.10. EO Charging
10.5.10.1. Overview,
10.5.10.2. Products & services,
10.5.10.3. SWOT analysis,
10.5.10.4. Recent developments,
10.5.10.5. strategies,
10.5.10.6. financials (based on availability)

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