Peer-To-Peer Electric Vehicle Charging Market Scope
Peer-To-Peer Electric Vehicle Charging is a wide network for sharing and renting individuals or private Electric Vehicle charging points with other Electric Vehicle drivers. Using the P2P Electric Vehicle Charging system, private owners and businesses can make income by providing their charging points for the public. It provides more access to electric vehicle drivers for charging which ultimately enable roads with more charging option.
The Peer-To-Peer Electric Vehicle Charging market study is segmented, by Application (Residential and Commercial) and major geographies with country level break-up.
The global Peer-To-Peer Electric Vehicle Charging market segmented in three different power levels leads to the increasing number of EV charging stations. Companies are focused on installing more EV charging stations to make easy access for EV drivers on the roads. The increasing number of Peer-To-Peer Electric Vehicle Charging industry creates opportunities for businesses and homeowners to earn additional income. Peer-To-Peer Electric Vehicle Charging market improving electrical vehicle mobility in countries. The player is also participating in strategic activities like mergers & acquisitions to enhance their market presence.
Shell (United Kingdom), Tesla (United States), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), Blink Charging (United States), Hyundai Motor Company (South Korea), EVBox (Netherlands), Webasto Group (Germany), ChargePoint (United States), Volta (United States), Wallbox (Spain), EVgo (United States) and Enel X (Italy) are some of the key players that are part of study coverage.
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 total available market.
Segmentation Overview
AMA Research has segmented the market of Global Peer-To-Peer Electric Vehicle Charging market by Type, Application and Region.
On the basis of geography, the market of Peer-To-Peer Electric Vehicle Charging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
On 11th March 2021, Enel X opened Rome's first area for the ultrafast charging of electric vehicles and the European "CEUC" (Central European Ultra Charging) project's first HPC (High Power Charging) site, in collaboration with Volkswagen Group Italia. The Enel X Store at Corso Francia 212 offers energy efficiency technologies, financial services, and electric mobility solutions, as well as a refreshment area. The store was officially opened by the Mayor of Rome, Virginia Raggi, the CEO of Enel X, Francesco Venturini, and the CEO of Volkswagen Group Italia, Massimo Nordio.
“NITI Aayog has released a handbook to guide state governments and local bodies to frame policies and norms towards setting up charging networks for electric vehicles. The objective is to enhance charging infrastructure and facilitate a rapid transition to electric mobility in the country. The Handbook for Electric Vehicle Charging Infrastructure Implementation has been jointly developed by NITI Aayog, Ministry of Power, Department of Science and Technology, Bureau of Energy Efficiency, and World Resources Institute India.”
Market Trend
- Increase In Number Of EV Charging Station Enhancing Charging Infrastructure And Moving To Electric Mobility In The Countries
Market Drivers
- Rapid Production of Electric Vehicle in the Market
- Increasing Demand for the Faster Payback System at Home Charging Station along with Reliable and Quality Power Services for Electric Vehicle
Opportunities
- Growing investment in Peer-To-Peer Electric Vehicle Charging Industries Creating Demand for Entrepreneurship
Restraints
- High Cost of Electrical Vehicle Hindering the EV Charging Market
Challenges
- Low Degree of Improvisation of Battery and Charging Technology Affecting the Peer to Peer to Electric vehicle hindering market
Key Target Audience
Peer-To-Peer Electric Vehicle Charging Industry Associations, Peer-To-Peer Electric Vehicle Charging Potential Investors Regulatory Bodies Research and Development Institutes and Others