EV Charging Kiosk

EV Charging Kiosk

An EV charging kiosk is a self-service station designed to recharge electric vehicles. It typically consists of charging equipment, payment systems, and user interfaces. These kiosks offer various charging speeds, such as Level 2 AC charging or DC fast charging, catering to different EV models. Users can initiate the charging process by connecting their vehicle to the kiosk, authorizing the transaction through mobile apps or RFID cards, and selecting the desired charging option. EV charging kiosks are often strategically located in public areas, parking lots, and along highways to provide convenient charging solutions for electric vehicle owners.

The EV charging kiosk market is expected to grow at a steady rate of around 28.9%. The global adoption of charging kiosks for electric vehicles (EVs) is witnessing a notable upsurge, propelled by a confluence of factors that underscore the increasing importance of accessible and convenient charging infrastructure. As countries around the world strive to transition to sustainable transportation systems, charging kiosks have emerged as a viable solution catering to the evolving needs of EV users. The compact and user-friendly design of these kiosks, often strategically positioned in public spaces, commercial hubs, and urban centers, aligns with the growing demand for hassle-free and readily available charging options. Moreover, the expansion of charging kiosks is being catalyzed by government incentives and regulations aimed at bolstering electric mobility and curbing greenhouse gas emissions. This, coupled with the rising adoption of EVs and the escalating commitment to environmental responsibility, positions charging kiosks as a pivotal component in facilitating the seamless integration of electric vehicles across diverse regions around the globe

• Based on the charging station, the market is segmented into AC and DC. Among these, the AC segment is having a high market share in 2022. The growth of Alternating Current (AC) charging stations can be attributed to several key factors, as AC charging stations offer a versatile and widely accessible solution, making them compatible with a broad range of electric vehicle (EV) models. Moreover, their cost-effectiveness and ease of installation contribute to their rapid proliferation, especially in urban and commercial settings. With an emphasis on reliability and convenience, AC charging networks play a crucial role in cultivating a consumer-friendly environment for sustainable transportation choices. For instance, In 2021, VerdeMobility launched the first-ever hybrid AC EV Chargers in India For Multi-Protocol Charging. The company had been catering to global needs through its only manufacturing facility, located in India (Anand, Gujarat) Recently, VerdeMobility launched and revealed its first Hybrid Electric Vehicle AC Charger to build a robust EV charging infrastructure with the aim to fulfill the growing diverse charging need for the Indian EV market
• Based on the connector type, the market has been categorized into CSS, CHAdeMO, and Others. Among them, CHAdeMO is having a high market share in 2022. CHAdeMO is a fast-charging standard developed for electric vehicles (EVs). These EV chargers have gained high adoption due to several reasons. As these chargers offer faster charging speeds compared to other standards, allowing EV owners to charge their vehicles quickly and conveniently. This reduces the time spent waiting at charging stations and enhances the overall convenience of owning an EV.
• Based on application, the market is segmented into residential and commercial. Among these, the commercial segment is having a high market share in 2022. The proliferation of commercial electric vehicle (EV) chargers is driven by several key factors that underscore the shift toward sustainable transportation solutions. Growing environmental consciousness and the desire to reduce carbon footprints have prompted businesses to incorporate EV chargers as part of their sustainability initiatives. Providing charging infrastructure aligns with eco-friendly branding and appeals to environmentally conscious customers.
• For a better understanding of the market adoption of the EV charging kiosk industry, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is expected to dominate the EV charging kiosk market during the forecast period. The sweeping adoption of EV charging kiosks across the Asia Pacific region reflects a pivotal shift towards eco-friendly transportation solutions. As concerns about air quality, emissions, and energy security mount, countries in this diverse region have recognized the potential of electric vehicles to address these challenges. The rapid expansion of charging kiosk networks underscores Asia Pacific's determination to create a sustainable future for future generations. For instance, China has set a goal of having 40 percent of the vehicles sold in the country be EVs by 2030, which means a lot more vehicles will need to be charged. By 2025, the government aims to have in place charging infrastructure to meet the needs of more than 20 million cars.
• Some of the major players operating in the market include ABB Ltd; ChargePoint, Inc; EVgo Services LLC; Allego; Schneider Electric; Blink Charging Co; Wi Tricity Corporation; Toshiba Corporation.; AeroVironment, Inc; Chargemaster plc.