EV Charging Kiosk Market Scope
Propulsion is provided by electric motors that are supplied by electrical energy stored in a battery. Electric cars come in a number of types, each with a different range and capability, and must be recharged by plugging them into an electrical outlet. In recent years, electric vehicles (EVs) have received much interest as an environmentally friendly and cost-effective alternative to cars with internal combustion engines for reducing fossil fuel dependency and reducing greenhouse gas emissions. A charging station typically contains a charge cord, charge stand, attachment plug, power outlet, and vehicle connector and protection system.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ChargePoint (United States), Royal Dutch Shell plc (Netherlands), Blink Charging (United States), BYD (China), eMotorWerks (United States), FreeWire Technologies (United States), EV Safe Charge (United States), Tesla (United States), Allego B.V. (Netherlands) and Spark Horizon (France) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States & Chinese Manufacturers will contribute to the maximum growth of Global EV Charging Kiosk market throughout the predicted period.
ChargePoint (United States), Royal Dutch Shell plc (Netherlands), Blink Charging (United States), BYD (China), eMotorWerks (United States), FreeWire Technologies (United States), EV Safe Charge (United States), Tesla (United States), Allego B.V. (Netherlands) and Spark Horizon (France) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Qingdao TGOOD Electric (China), Wallbox (Spain), Charge+ (Singapore) and EV Connect (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global EV Charging Kiosk market by Type , by Application (Private and Public) and Region with country level break-up.
On the basis of geography, the market of EV Charging Kiosk has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On 2nd October, 2020 - Tesla Acquired ATW Automation (German Based Battery Assembly Manufacturer). The Deal Expand Tesla’s Market Position Across New Regions and Assists Tesla’s Planned Future Lineup That Includes the Light Duty Cybertruck and The Semi Truck, Which Require Higher Battery Capacities. and On 29th March, 2020 - ABB Acquired Majority Stake in Chinese E-Mobility Company Chargedot Shanghai New Energy Technology Co. ltd. The Deal Will Assist ABB to Extend Its E-Mobility Portfolio and Acquire a Presence in China's Ever-Expanding EV Industry, Which Is the World's Largest.
On 26th August, 2020 - Siemens Enters into Supply Agreement to Provide Go Bus (New Zealand’s Largest Bus Operator) with eBus Charging Infrastructure. The Contract Includes DC Fast Charging Technology For 34 Buses at Depots in Christchurch and Auckland with An Overall Power Capacity of Around 3.7 Megawatt and On 17th August, 2020 - BYD Introduced its Mobile Charging Service at Affordable Rates. The Charging Service Is Expected to Be Finished in 60 Minutes, With A Nationwide Standard Fee Of 295 Yuan Per Kilowatt-Hour, Or Around 30 Yuan Per Kilowatt-Hour, And A 5 Yuan Surcharge for Each Extra Kilowatt-Hour Above 10 Kilowatt-Hour.
Influencing Trend:
Emergence of Fast Charging Systems Integrated with EV Kiosks
Market Growth Drivers:
Surge in EV Sales Globally and Rising Sustainability Awareness
Challenges:
Maintenance and External Costs and Market Penetration Across New Regions
Restraints:
Lack of Standard Infrastructure and High Initial Investments
Opportunities:
Increasing Use of Vehicle-To-Grid (V2G) EV Charging Stations
Key Target Audience
EV Charging Kiosk Manufactures, New Entrants and Investors, EV Charging Kiosk Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others