Global EV DC Fast Charger Market – Forecast and Analysis (2020-2027):


Posted December 17, 2020 by akashy

Global EV DC Fast Charger Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.9% from 2019 to 2027, reaching nearly US$ XX Bn.
 
Global EV DC Fast Charger Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.9% from 2019 to 2027, reaching nearly US$ XX Bn.

Global EV DC Fast Charger Market

The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Global EV DC Fast Charger Market: Market Overview

Electric vehicle direct current fast charger is a charger which is used for recharging of electric vehicles. The EV DC fast charger converts AC (alternative current) power to DC and deliver direct to the vehicle battery. They are able to recharge an electric vehicle battery in 25-30minutes. EV DC fast charger is essential for long distance driving.

Global EV DC Fast Charger Market: Market Dynamics

The exciting vehicles pollutes the environment due to carbon emission and the electric vehicles is promising to address climate change lowering the carbon emission, is a factor which increase the demand of electric vehicles which directly increase the sales of EV DC fast charger market. In addition, the demand for rapid charging for long-distance journeys is also fueled the growth of the EV DC Fast charger during the forecast period. Furthermore, the initiative taken by the several nation for adoption of pollution free vehicles in order stop carbon emission are likely to initiative the installation of the more DC charging station. The adoption of electric vehicles across the global also helps to drive the EV DC fast charger market. These are the key factors which anticipated to propel the EV DC fast charger market during the forecast period.

However, higher the installation cost of DC fast charging station hamper the market during the forecast period. The use of DC fast chargers requires electric infrastructure and these charger are not cheap which is not possible for every nation which hamper the growth of the market. The DC fast charger requires additional insulation, which may add mass and volume to electrical components, connectors, and cables of the vehicle, increase overall cost of vehicle which restrain the growth of the EV DC fast charger market during the forecast years. As we move to renewable energy, the convenience provider change the business strategy are the major challenge of this market.

Global EV DC Fast Charger Market: Market Segmentation

The Global EV DC Fast Charger Market can be segmented by Type, by Charging Power, by End-user, and by region.

Based on Type, the Global EV DC Fast Charger Market is segmented intoCHAdeMO, SAE Combo Charging System (CCS), and Supercharger.CHAdeMO segment is subjected the highest CAGR during the forecast period as it offers quick and fast EV charging speed and above. Based on the charging power the EV DC Fast charger is segmented into Below 100 KW, 100-200 KW, and above 200KW. The 100-200KW segment leads the global EV DC fast charger market as likely to expand the growth rate due to rise in adoption of fast charging station. Based on End-user, the market is segmented into Home charging unit and Public charging station. The public charging station segment is expected to grow during forecast period as it is mostly found across the highways and expressways.

Global EV DC Fast Charger Market: Regional Analysis

Geographically, the global EV DC Fast Charger market is classified into five major regions namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.Asia Pacific dominate theGlobal EV DC Fast Charger Market, followed by the Europe. High rate of adoption of electric vehicles in emerging countries like India, Japan, and China. The key player Tesla is enter India when the government is pushing the India automotive companies to expedite the EV manufacturing, so the demand of EV DC Fast charger is also increase in this region.

The objective of the report is to present a comprehensive analysis of the Global EV DC Fast Charger Marketincluding all the stakeholders of the industry. The past and current status of the industry with 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 includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report.

External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the GlobalEV DC Fast Charger Marketdynamics, structure by analysing the market segments and projects the GlobalEV DC Fast Charger Marketsize. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the GlobalEV DC Fast Charger Market make the report investor’s guide.
Scope of the Global EV DC Fast Charger Market

GlobalEV DC Fast Charger Market, by Type

• CHAdeMO
• SAE Combo Charging System (CCS)
• Supercharger
GlobalEV DC Fast Charger Market, by Charging Power

• Below 100 KW
• 100-200 KW
• Above 200KW
GlobalEV DC Fast Charger Market, by End-user

• Home charging unit
• Public charging station
GlobalEV DC Fast Charger Market, by Region

• Asia Pacific
 China
 India
 Japan
 South Korea
 Australia
 Indonesia
 Malaysia
 Vietnam
 Rest of Asia
• North America
 U.S.
 Canada
• Europe
 Germany
 UK
 France
 Italy
 Spain
 Rest of Europe
• South America
 Brazil
 Mexico
 Rest of South America
• Middle East & Africa
 GCC
 South Africa
 Rest of MEA
Global EV DC Fast Charger Market, Key Players

• Tesla Motors, Inc.
• Siemens AG
• Bosch Automotive Service Solutions Inc
• BYD Auto
• ABB
• Alfen N.V.
• Allego B.V
• NEC Corporation
• Tritium Pty Ltd
• Circontrol
• DBT
• Signet EV
• Schneider Electric
• Efacec Electric Mobility
• GS Yuasa Corporation
• Nichicon Corporation
• XCharge
• YKCharge
• China Southern Power Grid
• Energy Absolute



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Last Updated December 17, 2020