Electric Vehicle Charging Infrastructure Market 2027 Is Predicted To Exceed $111.75 Billion By Offerings, Recent Trends, Solution, Service And High Growth Opportunities | Million Insights

February 16 06:30 2021
Electric Vehicle Charging Infrastructure Market 2027 Is Predicted To Exceed $111.75 Billion By Offerings, Recent Trends, Solution, Service And High Growth Opportunities | Million Insights

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According To New Report Available With Million Insights, The Global EV Charging Infrastructure Industry Report Focuses On Current Market Trends, Competitive Landscape And Development Status To Keep You Ahead Of Your Competitors. It Includes A Comprehensive Evaluation Of The Market’s Growth Prospects And Opportunity Assessment.

The global Electric Vehicle Charging Infrastructure Market size is anticipated to touch USD 111.75 billion by the end of 2027, according to a new report by Million Insights. The market is projected to grow at with 32.0% CAGR from 2020 to 2027. Growing focus on developing infrastructure for electric vehicles is projected to drive the growth of the market. Different government bodies are collaborating with others to develop electric charging station across highways. For example, the Department of Transpiration of Washington State collaborated with Oregon’s Department of Transportation for construction of 57 electric vehicles charger across Washington and Oregon.

Key original equipment manufacturers such as Enel X, Ecotap BV and Delta Electronics, Inc. among others are developing solar-powered charging stations. For example, Enel X is working with Hawaii (U.S) to develop a solar-powered electric charging station. Further, many companies are upgrading their Electric Vehicle Supply Equipment (EVSE) to ease long-distance travel.

To download the sample PDF of Global Electric Vehicle Charging Infrastructure Market Report “Please” click here: https://www.millioninsights.com/industry-reports/electric-vehicle-ev-charging-infrastructure-market/request-sample


Electric vehicles are recharged at several locations like at residence, private charging station and at commercial set-ups. However, residential charging doesn’t provide sufficient backup and consumers often face problems during a long-distance trip. Owing to this, a large number of the consumer base is discouraged to adopt EVs, thus, adversely affecting the market growth. However, to overcome these problems, companies are focusing on setting up charging facilities at shopping centers, commercial building, restaurants and airports.


To browse report summary & detailed TOC, “please” click the link below:

Further key findings from the report suggest:

• Fast charger segment is likely to grow at the fastest pace over the forecast duration.

• Combined Charging System (CCS) connectors are estimated to grow fastest over the forecast duration.

• Commercial category is anticipated to grow considerably owing to the growing deployment of charging facilities at airports, shopping malls, public parking and highways.

• Asia Pacific is projected to be the fastest-growing market owing to the growing number of electric vehicles in countries such as China, Japan and South Korea.

• Major players in the EV charging infrastructure market are BP Chargemaster, ClipperCreek, ChargePoint, Inc., Tesla, Inc., Webasto, and Siemens among others.

Million Insights has segmented the global electric vehicle charging infrastructure market based on charger type, connector, application, and region:

Electric Vehicle Charging Infrastructure Charger Type Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
    • Slow Charger
    • Fast Charger

Electric Vehicle Charging Infrastructure Connector Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
    • CHAdeMO
    • CCS
    • Others

Electric Vehicle Charging Infrastructure Application Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
    • Commercial
    • Residential

Electric Vehicle Charging Infrastructure Regional Outlook (Volume, Units; Revenue, USD Million, 2016 – 2027)
    • North America
        • U.S.
        • Canada
    • Europe
        • Netherlands
        • U.K.
        • France
        • Norway
        • Germany
    • Asia Pacific
        • China
        • Japan
        • South Korea

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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