EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET FORECAST 2021-2028
The Europe electric vehicle charging system market is predicted to project a CAGR of 47.30% during the forecast period, 2021-2028. The region has presence of several prominent EV charger manufacturers, collaborating with government and non-government organizations for increasing their market share.
EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET FORECAST 2021-2028
Europe Electric Vehicle Charging System Market by Product Type (Home Charging Systems, Commercial Charging Systems) Market by Mode of Charging (Plug-in Charging System (Level 1, Level 2, Level 3), Wireless Charging System) and by Geography
The Europe electric vehicle charging system market is predicted to project a CAGR of 47.30% during the forecast period, 2021-2028. The region has presence of several prominent EV charger manufacturers, collaborating with government and non-government organizations for increasing their market share.
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Norway, the United Kingdom, Germany, Netherlands, France, and Rest of Europe, are evaluated for the Europe electric vehicle charging system market growth analysis. The passenger car market has witnessed fast-paced electrification in the United Kingdom. The plug-in electric models share tripled in the first half of 2020. The country aims to make ultra-emission cars by 2030, as part of its energy security, air quality, and climate ambitions. It is also considering a 100% zero-emission new car sales goal by 2035. Such initiatives need reliable charging goals. While some areas have had stronger charger deployment, others need to pace up with the country’s 2030 vehicle growth goals. Moreover, fast charging deployment has shown considerable growth.
The hybrid plug-in vehicles of Norway record the highest per capita in the world. It was the first country in March 2014 to have 1 in every 100 passenger cars made an electric plug-in. Also, in March 2019, almost 60% of new cars sold were fully electric-powered. The country is considered to be the poster child of the EV revolution. Most of its domestic energy comes from hydropower. Norway has renewable electricity, wherein switching to EVs is a much greener equation. Such factors make Norway a conducive market for the electric vehicle charging system.
Allego is a leading provider of charging solutions with a pan-European presence. The company has more than 20,000 charging sockets. It has also developed an advanced EV cloud service for easy control and monitoring by the operators. It is headquartered in Arnhem, Netherlands.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- DEVELOPMENT OF ELECTRIC VEHICLE CHARGING TECHNOLOGY
- KEY DRIVERS
- GROWTH IN ELECTRIC VEHICLE INDUSTRY
- RISING ENVIRONMENT POLLUTION CONCERNS
- GOVERNMENTAL PUSH FOR ELECTRIC VEHICLE INDUSTRY
- TECHNOLOGICAL ADVANCEMENTS
- PHASE-OUT PLANS OF INTERNAL COMBUSTION ENGINE VEHICLES BY VARIOUS COUNTRIES
- KEY RESTRAINTS
- HIGH COSTS OF ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
- LACK OF STANDARDIZATION
- HIGH CHARGING TIME
- COMPETITION FROM HYDROGEN FUEL CELL VEHICLES
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ELECTRIC VEHICLE CHARGING SYSTEM MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- INCENTIVES FOR ELECTRIC VEHICLE CHARGING SYSTEM INDUSTRY
- VALUE CHAIN ANALYSIS
- MARKET BY PRODUCT TYPE
- HOME CHARGING SYSTEMS
- COMMERCIAL CHARGING SYSTEMS
- MARKET BY MODE OF CHARGING
- PLUG-IN CHARGING SYSTEM
- LEVEL 1
- LEVEL 2
- LEVEL 3
- WIRELESS CHARGING SYSTEM
- PLUG-IN CHARGING SYSTEM
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- NORWAY
- NETHERLANDS
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTURES
- COMPANY PROFILES
- ABB LTD
- ALFEN
- ALLEGO
- BLINK
- CHARGEPOINT
- DELTA ELECTRONICS INC
- EATON
- EFACEC
- EVBOX
- EVGO
- SCHNEIDER ELECTRIC
- SEMACONNECT
- SIEMENS
- TESLA
- WEBASTO
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ELECTRIC VEHICLE CHARGING SYSTEM
TABLE 2: COUNTRY-WISE PHASE-OUT PLANS FOR ICE VEHICLES
TABLE 3: INCENTIVES FOR EUROPE
TABLE 4: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY CHARGING VOLTAGE LEVEL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY CHARGING VOLTAGE LEVEL, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: ADVANTAGES & DISADVANTAGES OF WIRELESS CHARGING SYSTEM
TABLE 11: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 12: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 13: LIST OF MERGERS & ACQUISITIONS
TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 16: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: LITHIUM-ION BATTERY PRICE PER KWH (2010-2018)
FIGURE 2: KEY INVESTMENT INSIGHTS
FIGURE 3: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4: OPPORTUNITY MATRIX
FIGURE 5: VENDOR LANDSCAPE
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
FIGURE 8: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY HOME CHARGING SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COMMERCIAL CHARGING SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, GROWTH POTENTIAL, BY MODE OF CHARGING, IN 2020
FIGURE 11: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 12: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, GROWTH POTENTIAL, BY CHARGING VOLTAGE LEVEL, IN 2020
FIGURE 13: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 1, 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 2, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 3, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY WIRELESS CHARGING SYSTEM, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 18: UNITED KINGDOM ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
FIGURE 19: GERMANY ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
FIGURE 20: FRANCE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
FIGURE 21: NORWAY ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: NETHERLANDS ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: REST OF EUROPE ELECTRIC VEHICLE CHARGING SYSTEM MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- NORWAY
- NETHERLANDS
- REST OF EUROPE
- EUROPE
- MARKET BY PRODUCT TYPE
- HOME CHARGING SYSTEMS
- COMMERCIAL CHARGING SYSTEMS
- MARKET BY MODE OF CHARGING
- PLUG-IN CHARGING SYSTEM
- LEVEL 1
- LEVEL 2
- LEVEL 3
- WIRELESS CHARGING SYSTEM
- PLUG-IN CHARGING SYSTEM
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