Asia Pacific Electric Vehicle Charging Infrastructure Market By Charger Type (Slow Charger and Fast Charger) By Connector Type (CHAdeMO, Combined Charging System (CCS) and Others)
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The Asia Pacific Electric Vehicle Charging Infrastructure Market would witness market growth of 39.7% CAGR during the forecast period (2019-2025).
The Asia Pacific is expected to be the fastest-growing and the major contributor in the for the market growth in the coming years. The major factors contributing the market growth in the region is the increased demand for electric vehicles in the developing countries like China, and India. Additionally, South Korea and India are taking initiatives to reduce greenhouse gas emissions by increasing the use of EVs. For instance, India, one of the largest contributors of greenhouse gases, has pledged to phase out petrol and diesel cars by over the forecast period. This initiative by the Indian government is expected to create a huge demand for EVs and EV charging infrastructure in the country.
In developed countries, charging stations for electric vehicles may not require much new infrastructure, less than providing a new alternative fuel over a new network. The stations can leverage the current widespread electrical grid and home recharging, which is an alternative to public recharging stations as mostly driving is local over short distances, which further decreases the need for mid-trip charging.
Based on Charger Type, the market is segmented into Slow Charger and Fast Charger. Based on Connector Type, the market is segmented into CHAdeMO, Combined Charging System (CCS) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Taiwan, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tesla, Inc., General Motors Co., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, ChargePoint, Inc., Eaton Corporation PLC, Delta Electronics, Inc., Aptiv PLC and AeroVironment, Inc.
Scope of the Electric Vehicle Charging Infrastructure Market Analysis
By Charger Type
- Slow Charger
- Fast Charger
By Connector Type
- Combined Charging System (CCS)
- South Korea
- Rest of Asia Pacific
- Tesla, Inc.
- General Motors Co.
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG
- ChargePoint, Inc.
- Eaton Corporation PLC
- Delta Electronics, Inc.
- Aptiv PLC
- AeroVironment, Inc.
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