Electric Vehicle Fast Charging System Market, By Product (Small Car Rapid Charging System, and Electric Bus Rapid Charging System), By Applications (Public Use, and Civil Use), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI395820 | Publish Date: March 2024 | No. of Pages: 167

Global Electric Vehicle Fast Charging Overview

Introduction:

E-mobility increasingly becomes a huge part of the automotive industry. There is a growing need for more well-organized charging solutions. Fast electric vehicle (EV) charging stations fitted out with powerful DC chargers. DC EV chargers are a smart choice as they abele to deliver much faster charging than the standard AC EV. Currently, a DC charger with 150 kW can put a 200 km charge on an EV in about 15 minutes. By way of fast charging and battery technologies carry on to evolve and improve shortly, professionals anticipate the charging time to drop even further.

Drivers and Restraints:

Many barriers to electric vehicles are in regular to overcome. Dropping battery costs are most important that address to initial cost barrier and the increasing availability of electric vehicle models of different Applications are attracting more potential vehicle owners such factor support the growth for the target market. For insistence according to data by marketplace.org Prices for battery packs of electric vehicles and energy storage systems are decreased by around 87% over the last decade, and still falling. Additionally rise in electric vehicles adoption, technological advancement, and increasing government initiatives towards the deployment of highway chargers as well as fast bus chargers are the major factor driving the growth for the target market. However, lack of standardization and the high cost of fast charging equipment and installation hamper the market growth. Moreover, the development of sufficient charging networks is in progress with developing business models for EV charging, which deliver wide-ranging opportunities in developing region are anticipated to create numerous opportunities for the market growth.

Segmentation:

The Electric Vehicle Fast Charging System market is segmented based on by Product, by Application, and region.

By Product, the Electric Vehicle Fast Charging System market is classified into small car rapid charging system, and electric bus rapid charging system. By Application, the Electric Vehicle Fast Charging System market is classified into public use and civil use. By End-Phase the Electric Vehicle Fast Charging System market is classified into a single-phase and three-phase.

By Region, APAC is expected to show] highest CAGR in the forecast period. Owing to rising adoption of EV vehicle which supports the demand for the target market. For instances, According to weforum.org, China is a major market in the world the Association of Automobile Manufacturers in china predicts a further 1.6 million sales in 2019.

Key Players:   

The key players operating the Electric Vehicle Fast Charging System market include ABB, Advanced Vehicle Manufacturing, Inc, Blink Charging Co, ChargePoint, Inc, Delta Electronics, Inc, EVBox, Elemec Inc, GARO, Hong Kong EV Power Limited, POD Point, Proterra Inc, Schneider Electric. The key players in the market are focusing on the research and development, and business expansion by providing a full end to end service associate with a fast-charging station. For example, ABB is supporting Vattenfall a leading European energy company to develop a complete electric vehicle charging network in Sweden, with a whole solution that takes in both the fast-charging station and all the necessary grid connection hardware.  And ABB is providing an end-to-end solution for installing and connecting electric vehicle (EV) chargers with the power grid 40 fast-charging stations across Sweden for Vattenfall

Detailed Segmentation:

Electric Vehicle Fast Charging System Market, By Product:

  • Power Transformer
  • Distribution Transformer

Electric Vehicle Fast Charging System Market, By Application:

  • Single Phase
  • Three Phase

Electric Vehicle Fast Charging System Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Electric Vehicle Fast Charging System  Market, By Product
      • Middle East & Africa Electric Vehicle Fast Charging System  Market, By Application
      • Middle East & Africa Electric Vehicle Fast Charging System  Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Electric Vehicle Fast Charging System  Market, By Product
      • Latin America Electric Vehicle Fast Charging System  Market, By Application
      • Latin America Electric Vehicle Fast Charging System  Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Electric Vehicle Fast Charging System  Market, By Product
      • Asia Pacific Electric Vehicle Fast Charging System  Market, By Application
      • Asia Pacific Electric Vehicle Fast Charging System  Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Electric Vehicle Fast Charging System  Market, By Product
      • Europe Electric Vehicle Fast Charging System  Market, By Application
      • Europe Electric Vehicle Fast Charging System  Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Electric Vehicle Fast Charging System  Market, By Product
    • North America Electric Vehicle Fast Charging System  Market, By Application
    • North America Electric Vehicle Fast Charging System  Market, By Country
      • U.S.
      • Canada

Company Profile:

  • ABB
  • Company Overview
        • Application Portfolio
        • Key Highlights
        • Financial Performance
        • Business Strategies
  • Advanced Vehicle Manufacturing, Inc
  • Blink Charging Co
  • ChargePoint, Inc
  • Delta Electronics, Inc
  • EVBox, Elemec Inc
  • GARO
  • Hong Kong EV Power Limited
  • POD Point, Proterra Inc
  • Schneider Electric

“*” marked represents similar segmentation in other categories in the respective section

Global Electric Vehicle Fast Charging Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Electric Vehicle Fast Charging System  Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Product, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Power Transformer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Distribution Transformer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Single Phase
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Three Phase 
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Product, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • ABB
    • Company Overview
    • Application Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Advanced Vehicle Manufacturing, Inc
  • Blink Charging Co
  • ChargePoint, Inc
  • Delta Electronics, Inc
  • EVBox, Elemec Inc
  • GARO
  • Hong Kong EV Power Limited
  • POD Point, Proterra Inc
  • Schneider Electric  
  1. The Last Word
    • Future Impact
    • About Us
    • Contact