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Electric Vehicle Supply Equipment Market on Track for Significant Growth, Future Projections and Emerging Opportunities

09-09-2024 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Vantage Market Research

/ PR Agency: Vantage Market Research
Electric Vehicle Supply Equipment Market

Electric Vehicle Supply Equipment Market

The Global Electric Vehicle Supply Equipment Market was valued at USD 2544.21 Million in 2024, and is anticipated to reach USD 15067.94 Million by 2032, exhibiting a CAGR of 24.9% during the forecast period 2024 to 2032.

The study targets the Electric Vehicle Supply Equipment Market size and future growth potential across various segments including delivery type, end-users, and geographic locations. The base year used to determine the market size of Electric Vehicle Supply Equipment Market ranges from 2024 to 2032.

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The second research element of the research technique to evaluate and forecast the market to collect information on the income of major suppliers. The offers of the suppliers were also taken into account in the market segmentation. A bottom-up methodology was used to estimate the overall global Electric Vehicle Supply Equipment Market size based on revenue generated by key market players.

Top Companies of Electric Vehicle Supply Equipment Market

• AeroVironment Inc
• ABB Ltd
• ChargePoint Inc
• ClipperCreek Inc
• Chargemaster PLC
• Eaton Corporation
• Leviton Manufacturing Company Inc
• Siemens

Scope Of The Electric Vehicle Supply Equipment Market

Emerging trends. The report on the Electric Vehicle Supply Equipment Market provides a comprehensive view of the market's future needs and potential opportunities. It also includes information about the key market players and their respective roles. Based on key market dynamics and growth-improving variables, this Electric Vehicle Supply Equipment Market report calculates the market value as well as the growth rate. All of the information used in this study is current industry news, market trends, as well as growth probabilities. The study also includes a detailed analysis of the market and competitor scenario, as well as a SWOT analysis for the most prominent competitors.

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After the overall market size was determined, it was divided into a number of segments and sub-segments. These segments and sub-segments were then validated through basic research conducted through in-depth interviews with key individuals such as CEOs, VPs, directors, and executives. Data triangulation and market segmentation techniques have been employed to complete the entire market development process and produce accurate statistics for all segments and sub-segments.

Segments Covered

By Power Type

• AC Power
• DC Power

By Product

• Portable Charger
• EV Charging Kiosk
• Onboard Charging Station
• Others

By Charging Station Type

• Normal Charging
• Super Charging
• Inductive Charging

By Application

• Commercial
• Residential

Key Aspects Of The Report Include

★ In-depth study of global Electric Vehicle Supply Equipment Market: and fluctuating dynamics.

★ Detailed market segmentation.

★ Size of markets in terms of volume and value over time, current and future

★ Current developments and trends - Competitive global market environment Electric Vehicle Supply Equipment Market.

★ Strategy and products of major players.

★ Potential Markets and Isolated Areas of Potential Growth

Recent Developments

• April 2024: Atom Power's Electric Vehicle Supply Equipment (EVSE) product obtained FedRAMP authorization from the U.S. General Services Administration (GSA). This certification assures federal agency partners that Atom Power's EV charging infrastructure platform has undergone a thorough security assessment as part of the FedRAMP process.

• March 2024: Uno Minda entered into a Technical License Agreement (TLA) with Starcharge Energy Pte. Ltd for the manufacturing and sale of electric vehicle supply equipment (EVSE) in India. This EVSE comprises wall-mounted AC chargers designed for convenient home charging.

• March 2024: Leviton, a leading provider of residential electric vehicle supply equipment (EVSE) and wireless smart home technology, today announced the launch of a plug-in version of the EV Series Smart Home.

• July 2023: PowerFlex completed the installation of 415 Electric Vehicle Supply Equipment (EVSE) for DHL Express. The chargers, installed at DHL service center facilities in major U.S. markets, are equipped with PowerFlex X, energy management software that monitors, tracks, and reports on charging activities, integrating with DHL's telematics platforms to optimize Electric Vehicle Supply Equipment (EVSE) operations.

• August 2021: Ez4EV Private Limited is an India-based battery storage and charger development company that launched an on-demand mobile charging solution, EzUrja, for electric vehicles. This solution is managed as an Internet of Things (IoT) device and follows an innovative electric vehicle 'Charging-on-Demand' approach, permitting remote condition monitoring and organization of operations.

Electric Vehicle Supply Equipment Market Regional Analysis

● North America [United States, Canada, Mexico]

● South America [Brazil, Argentina, Columbia, Chile, Peru]

● Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

● Middle East & Africa [GCC, North Africa, South Africa]

● Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/electric-vehicle-supply-equipment-market-1490

Key Benefits For Stakeholders

★ This study comprises an analytical view of the global Electric Vehicle Supply Equipment Market along with current trends and future estimates to illustrate future investments.

★ The general market analysis Electric Vehicle Supply Equipment Market is used to understand profitable trends and gain a stronger position.

★ The report provides information on key drivers, constraints, and opportunities with a detailed impact analysis.

★ Current Electric Vehicle Supply Equipment Market forecasts are analyzed quantitatively for 2023-2032 to compare financial competencies.

★ Porter's Five Forces Analysis illustrates the power of buyers and suppliers in the Electric Vehicle Supply Equipment Market.

★ The report includes Electric Vehicle Supply Equipment Market trends and revenue shares of major vendors.

Major TOC of the Report

● Market Size

● Electric Vehicle Supply Equipment Market New Sales Volumes

● Electric Vehicle Supply Equipment Market Replacement Sales Volumes

● Market Installed Base

● Market By Brands

● Market Procedure Volumes

● Market Product Price Analysis

● Electric Vehicle Supply Equipment Market Cost of Care Analysis

Key Questions Answered In This Report

★ What is the size of the Electric Vehicle Supply Equipment Market and what is its expected growth rate?

★ What are the primary driving factors that push the Electric Vehicle Supply Equipment Market forward?

★ What are the Electric Vehicle Supply Equipment Market top companies?

★ What are the different categories that the Electric Vehicle Supply Equipment Market caters to?

★ What will be the fastest-growing segment or region?

★ In the value chain, what role do essential players play?

★ What is the procedure for getting a free copy of the Electric Vehicle Supply Equipment Market sample report and company profiles?

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● Point of Care Diagnostics Market: https://www.openpr.com/news/3646569/point-of-care-diagnostics-market-growth-projections-size

● High Pressure Vessels Market: https://www.vantagemarketresearch.com/industry-report/high-pressure-vessels-market-0308

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