Smart EV Charger Market was valued at US$ 6.05 Bn. in 2021 and it is expected to reach US$ 49.93 Bn. by 2029 at a CAGR of 30.19% during the forecast period.Smart EV Charger Market Overview:
Rise in investment by major OEMs in the growth of smart Electric Vehicle charger & government initiatives to capitalize in the progress & production of EVs proposal major opportunity for the market. Market for EV is increasing at a major pace & investment at the initial stage is expressively high for buses, as governments in most counties are spending a large amount in main cities in order to block CO2 emission by two ways‒by increasing public transport & electrification. The demand for electric cars & crossovers is growing in most emerging & established economies, excluding for those in North America. Newly, top manufacturers, like Volkswagen AG, have declared the launch of new electric hatchback.To know about the Research Methodology :- Request Free Sample Report China is a prominent manufacturer of EVs through the globe. It is expected to boost the manufacturing of EVs during the forecast period. Therefore, China is expected to be a major nation for the investment of smart Electric Vehicle charger production. Most of the European countries have announced a prohibition on conservative ICE vehicles by the end of 2030. Thus, manufacturing of new energy vehicles with EVs in the state is likely to rise knowingly during the forecast period. A small but key share of car buyers in the US have traded filling up for EV & several more are thinking of joining them. According to the MMR study report, 7 percent of United States adults have an electric vehicle, & 39 percent said they are willing to purchase electric vehicle the next time. Outside of a few key city areas, EVs aren’t all that famous in the United States While their numbers have increased rapidly in last few years, that’s from a comparatively small base. As of 2021, approximately 1.8 Mn electric vehicles were registered in the United States more than 3 times as many as in the year 2021. Growth of high power batteries & development of fast charging technologies are likely to push the smart electric vehicle charger market. Numerous major companies & manufacturers are concentrated on the growth of electric vehicle charger & power electric devices, which, in turn, is projected to push the smart electric vehicle charger market through the globe.
Top Impacting Influences:
The major factors impacting the development of the EV charger market contain government rules to stop environment pollution, rise in market penetration of EVs, & surge in government initiatives for growth of EV charging infrastructure. Additional, restricted number of Electric Vehicle charging stations, increase in demand for luxury & feature enabled vehicles, & wireless charging for EVs have robust influence on the market. Each of these influences is expected to have a positive impact on the EVs charger market during the forecast period.Government Restrictions:
The combustion system completely burns the fuel & only produces CO2 & water as waste; however, the combustion system causes many greenhouse gases, leading to pollution. On the other hand, Electric vehicle does not generate any pollutants. The United States, Germany, France, & China have applied strict government rules & regulations for CO2 emission, creating it compulsory for the automobile companies to use innovative technologies to avoid high-emission levels in vehicles. A program arranged by CARB also contains strategies for companies to produce & provide ZEVs, significantly boosting the acceptance of EVs & thereby EV charger market.Smart EV Charger Market Market Dynamics:
On the basis of connector type, the Combined Charging System sector accounted for a maximum share of the global smart Electric Vehicle charger market due to a rise in the demand for EVs among customers through the globe. The CCS offers both AC & DC supply & proposals a possible solution for the charging station provider due to this the demand for CCS connectors is increasing through the globe. On the basis of Power Supply Range, the 22 to 60 kW sector led the global smart electric vehicle charger market, in terms of revenue, in the year 2021. Increase in number of public charging stations through the globe, due to a rise in government provision is likely to increase the 22 to 60 KW power supply range connectors sector. Higher investment for the growth of smart Electric vehicle charger, lack of consciousness concerning EVs, lack of calibration of electric vehicle charging, & growth in the demand for luxury & feature permitted vehicles are key influences which restrain the smart electric vehicle charger market through the globe.Smart EV Charger Market Regional Insights:
APAC accounted for a highest share of the global smart electric vehicle charger market. APAC has key presence of established countries which are home to progressive R&D services for smart electric vehicle charger, which in turn is likely to improve the usage of smart electric vehicle charger through the region. The increase in demand for EV through the region is likely to rise the demand for charging stations & consequently, push the demand for smart electric vehicle charger through the APAC region. China held a maximum market share in the year 2021. Key presence of EV manufacturers & ongoing charging infrastructure expansion across the country are the some of the key influences enhancing the demand for smart electric vehicle charger through the region. The objective of the report is to present a comprehensive analysis of the Global Smart EV Charger market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Smart EV Charger market dynamics, structure by analyzing the market segments and project the Global Smart EV Charger market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Smart EV Charger market make the report investor’s guide.Smart EV Charger Market Scope: Inquire before buying
Smart EV Charger Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 6.05 Bn. Forecast Period 2022 to 2029 CAGR: 30.19% Market Size in 2029: US $ 49.93 Bn. Segments Covered: by Connector Type • Combined Charging System (CCS) •Supercharger by Power Supply Range • 3 to 22 kW • 22 to 60 kW • >60 kW by End User • Residential Charging Unit • Commercial Charging Station Smart EV Charger Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaSmart EV Charger Market key player
• ABB • Juuce Limited. • Alfen N.V. • Bosch Automotive Service Solutions Inc. • Efacec, Enervalis, • OVO Energy Ltd. • Schneider Electric. • TESLA, • Chargemaster plc • Chroma ate inc • Delphi technologies • Pod point ltd • Robert bosch gmbh • Schaffner • Siemens • Silicon laboratories, IncFrequently Asked Questions:
1) What was the market size of Global Smart EV Charger Market markets in 2021? Ans - Global Smart EV Charger Market was worth US$ 6.05 Bn in 2021. 2) What is the market segment of Global Smart EV Charger Market markets? Ans -The market segments are based on Connector Type, Power Supply Range and End User 3) What is forecast period consider for Global Smart EV Charger Market? Ans -The forecast period for Global Smart EV Charger Market is 2022 to 2029. 4) Which are the worldwide major key players covered for Global Smart EV Charger Market report? Ans – ABB, Juuce Limited. Alfen N.V., Bosch Automotive Service Solutions Inc.,Efface, Enervalis,OVO Energy Ltd. Schneider Electric. TESLA, Chargemaster Plc .Chroma ate Inc, Delphi technologies, Pod point ltd, Robert bosch, Schaffner , Siemens, Silicon laboratories, Inc. 5) Which region is dominated in Global Smart EV Charger Market? Ans -In 2021, APAC region dominated the Global Smart EV Charger Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Smart EV Charger Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Global Smart EV Charger Market 3.4. Geographical Snapshot of the Global Smart EV Charger Market , By Manufacturer share 4. Global Smart EV Charger Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on Global Smart EV Charger market 5. Supply Side and Demand Side Indicators 6. Global Smart EV Charger Market Analysis and Forecast, 2021-2029 6.1. Global Smart EV Charger Market Size & Y-o-Y Growth Analysis. 7. Global Smart EV Charger Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 7.1.1. Combined Charging System (CCS) 7.1.2. Supercharger 7.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 7.2.1. 3 to 22 kW 7.2.2. 22 to 60 kW 7.2.3. >60 kW 7.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 7.3.1. Residential Charging Unit 7.3.2. Commercial Charging Station 8. Global Smart EV Charger Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Global Smart EV Charger Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 9.1.1. Combined Charging System (CCS) 9.1.2. Supercharger 9.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 9.2.1. 3 to 22 kW 9.2.2. 22 to 60 kW 9.2.3. >60 kW 9.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 9.3.1. Residential Charging Unit 9.3.2. Commercial Charging Station 10. North America Smart EV Charger Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Smart EV Charger Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 12. Canada Smart EV Charger Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 13. Mexico Smart EV Charger Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 14. Europe Smart EV Charger Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 15. Europe Smart EV Charger Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Smart EV Charger Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 17. France Smart EV Charger Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 18. Germany Smart EV Charger Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 19. Italy Smart EV Charger Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 20. Spain Smart EV Charger Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 21. Sweden Smart EV Charger Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 22. CIS Countries Smart EV Charger Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 23. Rest of Europe Smart EV Charger Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 24. Asia Pacific Smart EV Charger Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 25. Asia Pacific Smart EV Charger Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Smart EV Charger Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 27. India Smart EV Charger Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 28. Japan Smart EV Charger Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 29. South Korea Smart EV Charger Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 30. Australia Smart EV Charger Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 31. ASEAN Smart EV Charger Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 32. Rest of Asia Pacific Smart EV Charger Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 33. Middle East Africa Smart EV Charger Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 34. Middle East Africa Smart EV Charger Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Smart EV Charger Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 36. GCC Countries Smart EV Charger Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 37. Egypt Smart EV Charger Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 38. Nigeria Smart EV Charger Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 39. Rest of ME&A Smart EV Charger Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 40. South America Smart EV Charger Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 41. South America Smart EV Charger Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Smart EV Charger Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 43. Argentina Smart EV Charger Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 44. Rest of South America Smart EV Charger Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Connector Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Power Supply Range, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By End User, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Smart EV Charger 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End Users and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. ABB. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Juuce Limited. 45.3.3. Alfen N.V. 45.3.4. Bosch Automotive Service Solutions Inc. 45.3.5. Efacec, Enervalis, 45.3.6. OVO Energy Ltd. 45.3.7. Schneider Electric. 45.3.8. TESLA, 45.3.9. Chargemaster plc 45.3.10. Chroma ate inc 45.3.11. Delphi technologies 45.3.12. Pod point ltd 45.3.13. Robert bosch gmbh 45.3.14. Schaffner 45.3.15. Siemens 45.3.16. Silicon laboratories, Inc 46. Primary Key Insights