
South America EV Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Platform (Hardware and Services), Hardware (AC Charger and DC Charger), Charger Type (Public Chargers and Private Chargers), and IEC Mode (2, 3, an
Description
South America EV Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Platform (Hardware and Services), Hardware (AC Charger and DC Charger), Charger Type (Public Chargers and Private Chargers), and IEC Mode (2, 3, and 4)
The SAM EV charging infrastructure market is expected to grow from US$ 359.08 million in 2021 to US$ 683.16 million by 2028. It is estimated to rise at a CAGR of 9.6% from 2021 to 2028.
Accelerated technological development of next-generation electric vehicles and their supporting components and the evolution of charging-technology providers are leading to rapid advancements in EV charging technology. The operations of electric vehicle charging stations are transforming due to the rising penetration of artificial intelligence (AI), the internet of things (Io T), and cloud computing. Many key market players are beginning to shift their focus toward developing smart charging stations, which enables data connection between stations and EVs. Several technology providers, including ABB and Delta Electronics, focus on next-generation EV charging technology to integrate cloud connectivity, AI, access via smartphone, and fast charging in their infrastructure. Furthermore, the emergence of new software solutions, such as cloud-based digital solutions for real-time fleet management and acceleration in electrification, is shaping the market. Therefore, charging systems, designed for fast charging and high power, including the use of software solutions for a cloud-connected EV charging infrastructure, are expected to pave the way for the market's growth and become a prominent trend in the coming years, consequently driving the SAM market during the forecast period.
SAM countries, especially Brazil, were highly affected by the COVID-19 pandemic. These economies have been witnessing substantial growth in a number of industries over the past few years. However, the COVID-19 pandemic disrupted the operations in various segments, including transportation and infrastructure. Due to the non-availability of raw materials, the market was negatively impacted. Systems used in many charging stations include various semiconductor components, most of which are imported from other countries. Due to supply chain disruption, the revamp of existing infrastructure and the implementation of new charging infrastructure came to a halt during the first half of 2020. As a response to the drastic impact of the pandemic on transportation systems, various reports by the World Bank, ITU, GSMA, and World Economic Forum suggest that major countries in SAM need to support the uptake of electric vehicles and renewable energy in transportation. This factor has created a massive demand for essential charging infrastructure across the region. Leading market players are actively taking initiatives to promote EV sales in the region and thereby expanding their presence across SAM countries, such as Brazil, Chile, and Argentina. For instance, in 2020, Enel X made 220 Juice Box charging points available, covering a distance of over 13,000km from Ushuaia, the southernmost city in SAM, to the Mexican city of Ensenada. These developments in the region, which are accelerated due to the COVID-19 pandemic, are creating positive growth prospects for the EV charging infrastructure market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM EV charging infrastructure market at a promising CAGR during the forecast period.
SAM EV Charging Infrastructure Market Revenue and Forecast to 2028 (US$ Million)
SAM EV Charging Infrastructure Market Segmentation
SAM EV Charging Infrastructure Market - By Platform
Hardware Services SAM EV Charging Infrastructure Market - By Hardware
AC charger Level 1 Charger (120 V) Level 2 Charger (240 V) DC Charger SAM EV Charging Infrastructure Market - By Charger Type
Public Chargers Private Chargers SAM EV Charging Infrastructure Market - By IEC Mode
2 3 4SAM EV Charging Infrastructure Market, by Country
Brazil Argentina Rest of SAM SAM EV Charging Infrastructure Market - Companies Mentioned
Blink Charging Co. BP p.l.c. Delta Electronics, Inc. RWE AG Tesla, Inc. Webasto Group
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM EV charging infrastructure market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM EV charging infrastructure market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the EV charging infrastructure market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The SAM EV charging infrastructure market is expected to grow from US$ 359.08 million in 2021 to US$ 683.16 million by 2028. It is estimated to rise at a CAGR of 9.6% from 2021 to 2028.
Accelerated technological development of next-generation electric vehicles and their supporting components and the evolution of charging-technology providers are leading to rapid advancements in EV charging technology. The operations of electric vehicle charging stations are transforming due to the rising penetration of artificial intelligence (AI), the internet of things (Io T), and cloud computing. Many key market players are beginning to shift their focus toward developing smart charging stations, which enables data connection between stations and EVs. Several technology providers, including ABB and Delta Electronics, focus on next-generation EV charging technology to integrate cloud connectivity, AI, access via smartphone, and fast charging in their infrastructure. Furthermore, the emergence of new software solutions, such as cloud-based digital solutions for real-time fleet management and acceleration in electrification, is shaping the market. Therefore, charging systems, designed for fast charging and high power, including the use of software solutions for a cloud-connected EV charging infrastructure, are expected to pave the way for the market's growth and become a prominent trend in the coming years, consequently driving the SAM market during the forecast period.
SAM countries, especially Brazil, were highly affected by the COVID-19 pandemic. These economies have been witnessing substantial growth in a number of industries over the past few years. However, the COVID-19 pandemic disrupted the operations in various segments, including transportation and infrastructure. Due to the non-availability of raw materials, the market was negatively impacted. Systems used in many charging stations include various semiconductor components, most of which are imported from other countries. Due to supply chain disruption, the revamp of existing infrastructure and the implementation of new charging infrastructure came to a halt during the first half of 2020. As a response to the drastic impact of the pandemic on transportation systems, various reports by the World Bank, ITU, GSMA, and World Economic Forum suggest that major countries in SAM need to support the uptake of electric vehicles and renewable energy in transportation. This factor has created a massive demand for essential charging infrastructure across the region. Leading market players are actively taking initiatives to promote EV sales in the region and thereby expanding their presence across SAM countries, such as Brazil, Chile, and Argentina. For instance, in 2020, Enel X made 220 Juice Box charging points available, covering a distance of over 13,000km from Ushuaia, the southernmost city in SAM, to the Mexican city of Ensenada. These developments in the region, which are accelerated due to the COVID-19 pandemic, are creating positive growth prospects for the EV charging infrastructure market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM EV charging infrastructure market at a promising CAGR during the forecast period.
SAM EV Charging Infrastructure Market Revenue and Forecast to 2028 (US$ Million)
SAM EV Charging Infrastructure Market Segmentation
SAM EV Charging Infrastructure Market - By Platform
Hardware Services SAM EV Charging Infrastructure Market - By Hardware
AC charger Level 1 Charger (120 V) Level 2 Charger (240 V) DC Charger SAM EV Charging Infrastructure Market - By Charger Type
Public Chargers Private Chargers SAM EV Charging Infrastructure Market - By IEC Mode
2 3 4SAM EV Charging Infrastructure Market, by Country
Brazil Argentina Rest of SAM SAM EV Charging Infrastructure Market - Companies Mentioned
Blink Charging Co. BP p.l.c. Delta Electronics, Inc. RWE AG Tesla, Inc. Webasto Group
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM EV charging infrastructure market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the SAM EV charging infrastructure market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the EV charging infrastructure market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
108 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 SAM EV Charging Infrastructure Market - By Platform
- 1.3.2 SAM EV Charging Infrastructure Market - By Hardware
- 1.3.3 SAM EV Charging Infrastructure Market - By Charger Type
- 1.3.4 SAM EV Charging Infrastructure Market - By IEC Mode
- 1.3.5 SAM EV Charging Infrastructure Market - By Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. SAM EV Charging Infrastructure Market Landscape
- 4.1 Market Overview
- 4.2 SAM PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. SAM EV Charging Infrastructure Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Surge in Production and Sales of Electric Vehicles
- 5.1.2 Support from Government Policies
- 5.2 Market Restraints
- 5.2.1 Lack of Uniformity in Charging Standards
- 5.3 Market Opportunities
- 5.3.1 Demand for EV Charging in Commercial Buildings
- 5.4 Future Trends
- 5.4.1 Smart Charging and Connected Infrastructure
- 5.5 Impact Analysis of Drivers and Restraints
- 6. EV Charging Infrastructure Market - SAM Analysis
- 6.1 SAM EV Charging Infrastructure Market Overview
- 6.2 SAM EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 7. SAM EV Charging Infrastructure Market Analysis - By Platform
- 7.1 Overview
- 7.2 SAM EV Charging Infrastructure Market, By Platform (2020 and 2028)
- 7.3 Hardware
- 7.3.1 Overview
- 7.3.2 Hardware: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Services
- 7.4.1 Overview
- 7.4.2 Services: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 8. SAM EV Charging Infrastructure Market Analysis - By Hardware
- 8.1 Overview
- 8.2 SAM EV Charging Infrastructure Market, By Hardware (2020 and 2028)
- 8.3 AC charger
- 8.3.1 Overview
- 8.3.2 AC charger: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 8.3.3 Level 1 Charger (120 V)
- 8.3.3.1 Overview
- 8.3.3.2 Level 1 Charger (120 V): EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 8.3.4 Level 2 Charger (240 V)
- 8.3.4.1 Overview
- 8.3.4.2 Level 2 Charger (240 V): EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 DC Charger
- 8.4.1 Overview
- 8.4.2 DC Charger: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 9. SAM EV Charging Infrastructure Market Analysis - By Charger Type
- 9.1 Overview
- 9.2 SAM EV Charging Infrastructure Market, By Charger Type (2020 and 2028)
- 9.3 Public Chargers
- 9.3.1 Overview
- 9.3.2 Public Chargers: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Private Chargers
- 9.4.1 Overview
- 9.4.2 Private Chargers: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 10. SAM EV Charging Infrastructure Market Analysis - By IEC Mode
- 10.1 Overview
- 10.2 SAM EV Charging Infrastructure Market, By IEC Mode (2020 and 2028)
- 10.3 2
- 10.3.1 Overview
- 10.3.2 2: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 10.4 3
- 10.4.1 Overview
- 10.4.2 3: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 10.5 4
- 10.5.1 Overview
- 10.5.2 4: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 11. SAM EV Charging Infrastructure Market - Country Analysis
- 11.1 Overview
- 11.1.1 SAM: EV Charging Infrastructure Market, by Key Country
- 11.1.1.1 Brazil: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.1.1 Brazil: EV Charging Infrastructure Market, by Platform
- 11.1.1.1.2 Brazil: EV Charging Infrastructure Market, by Hardware
- 11.1.1.1.3 Brazil: EV Charging Infrastructure Market, by Charger Type
- 11.1.1.1.4 Brazil: EV Charging Infrastructure Market, by IEC Mode
- 11.1.1.2 Argentina: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.2.1 Argentina: EV Charging Infrastructure Market, by Platform
- 11.1.1.2.2 Argentina: EV Charging Infrastructure Market, by Hardware
- 11.1.1.2.3 Argentina: EV Charging Infrastructure Market, by Charger Type
- 11.1.1.2.4 Argentina: EV Charging Infrastructure Market, by IEC Mode
- 11.1.1.3 Rest of SAM: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- 11.1.1.3.1 Rest of SAM: EV Charging Infrastructure Market, by Platform
- 11.1.1.3.2 Rest of SAM: EV Charging Infrastructure Market, by Hardware
- 11.1.1.3.3 Rest of SAM: EV Charging Infrastructure Market, by Charger Type
- 11.1.1.3.4 Rest of SAM: EV Charging Infrastructure Market, by IEC Mode
- 12. SAM EV Charging Infrastructures Market - COVID-19 Impact Analysis
- 12.1 SAM: Impact Assessment of COVID-19 Pandemic
- 13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.3 New Development
- 13.4 Merger and Acquisition
- 14. Company Profiles
- 14.1 Blink Charging Co.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 BP p.l.c.
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 Tesla, Inc.
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Webasto Group
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 RWE AG
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 Delta Electronics, Inc.
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 15. Appendix
- 15.1 About The Insight Partners
- 15.2 Word Index
- List of Tables
- Table 1. SAM EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Table 2. SAM: EV Charging Infrastructure Market, by Country - Revenue and Forecast to 2028 (US$ Million)
- Table 3. Brazil: EV Charging Infrastructure Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
- Table 4. Brazil: EV Charging Infrastructure Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
- Table 5. Brazil: EV Charging Infrastructure Market, by AC charger - Revenue and Forecast to 2028 (US$ Million)
- Table 6. Brazil: EV Charging Infrastructure Market, by Charger Type - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Brazil: EV Charging Infrastructure Market, by IEC Mode - Revenue and Forecast to 2028 (US$ Million)
- Table 8. Argentina: EV Charging Infrastructure Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Argentina: EV Charging Infrastructure Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
- Table 10. Argentina: EV Charging Infrastructure Market, by AC charger - Revenue and Forecast to 2028 (US$ Million)
- Table 11. Argentina: EV Charging Infrastructure Market, by Charger Type - Revenue and Forecast to 2028 (US$ Million)
- Table 12. Argentina: EV Charging Infrastructure Market, by IEC Mode - Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of SAM: EV Charging Infrastructure Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
- Table 14. Rest of SAM: EV Charging Infrastructure Market, by Hardware - Revenue and Forecast to 2028 (US$ Million)
- Table 15. Rest of SAM: EV Charging Infrastructure Market, by AC charger - Revenue and Forecast to 2028 (US$ Million)
- Table 16. Rest of SAM: EV Charging Infrastructure Market, by Charger Type - Revenue and Forecast to 2028 (US$ Million)
- Table 17. Rest of SAM: EV Charging Infrastructure Market, by IEC Mode - Revenue and Forecast to 2028 (US$ Million)
- Table 18. List of Abbreviation
- List of Figures
- Figure 1. SAM EV Charging Infrastructure Market Segmentation
- Figure 2. SAM EV Charging Infrastructure Market Segmentation - By Country
- Figure 3. SAM EV Charging Infrastructure Market Overview
- Figure 4. SAM EV Charging Infrastructure Market, By Platform
- Figure 5. SAM EV Charging Infrastructure Market, By Country
- Figure 6. SAM: PEST Analysis
- Figure 7. Expert Opinion
- Figure 8. SAM EV Charging Infrastructure Market: Impact Analysis of Drivers and Restraints
- Figure 9. SAM EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 10. SAM EV Charging Infrastructure Market Revenue Share, By Platform (2020 and 2028)
- Figure 11. SAM Hardware: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 12. SAM Services: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. SAM EV Charging Infrastructure Market Revenue Share, By Hardware (2020 and 2028)
- Figure 14. SAM AC charger: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 15. SAM Level 1 Charger (120 V): EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. SAM Level 2 Charger (240 V): EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. SAM DC Charger: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. SAM EV Charging Infrastructure Market Revenue Share, By Charger Type (2020 and 2028)
- Figure 19. SAM Public Chargers: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. SAM Private Chargers: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. SAM EV Charging Infrastructure Market Revenue Share, By IEC Mode (2020 and 2028)
- Figure 22. SAM 2: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. SAM 3: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. SAM 4: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. SAM: EV Charging Infrastructure Market Overview, By Country - 2020 (US$ Mn)
- Figure 26. SAM: EV Charging Infrastructure Market Revenue Share, by Key Country (2020 & 2028)
- Figure 27. Brazil: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. Argentina: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Rest of SAM: EV Charging Infrastructure Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Impact of COVID-19 Pandemic in SAM Country Markets
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