Global Electric Vehicle Charging Station Market to Grow at a CAGR of 30.8% during the forecast till 2025

Albany, New York, 2017-Jul-10 — /EPR Network/ — The past few years have seen the requirement for the electric vehicle charging stations increasing due to the result of the improved sales of electric vehicles (EV). Moreover, the favorable government policies and growing awareness about the vehicles’ benefits is helping in the gain for the concerned market. Looking into this great opportunity, a new report has been added to the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ‘’Electric Vehicle Charging Station Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025‘’. The study offers a conclusive analysis of the most profitable factors such as lucrative regions, top applications, and best players; as well as a profitable forecast estimation till 2025.

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The global electric vehicle charging station market is therefore expected to showcase an exponential CAGR of 30.8% from 2017 to 2025. At this speed, the market’s estimate will reach a phenomenal US$37.48 Billion in the end of 2025.

The report begins with a careful preface, key research objectives, research highlights as well as the assumptions and research methodologies. Together with the executive summary and the global electric vehicle charging station market overview, introduction together with the product definition and industry evolution alongside the developments. In this section, the key market indicators, payment technological analysis, and the market scenario are all mentioned for the benefit of the readers. Useful facts about the market dynamics, drivers, restraints and opportunities are also elucidated in this smart report.

In terms of the popular end-use applications, the research report evaluates the segments government, public space and municipalities (parks and street), commercial office space, healthcare, retail, hospitality, residential, logistics and transportation (fleet services), education and others. Based on this intelligent study, among these applications, the residential sector developed to lead during 2016. Whereas, by the end of 2017, the same is anticipated to grasp almost 41.6% of the market. Such useful data about the applications help investors to create high-quality work productions.

Another critical part of this report is the geographical expanse of the market which are North America, U.S., Canada, Mexico, Europe, The U.K., Germany, France, Rest of Europe, Asia-Pacific, China, Japan, Australasia, Rest of Asia-Pacific, Middle East and Africa (MEA), GCC, South Africa, Rest of MEA, South America, Brazil and Rest of South America. In these top regions, North America and Europe are projected to witness favorable growth in the electric vehicle charging station market during the forecast period. Whereas, the Middle East and Africa is estimated to account for the maximum CAGR of 61.6% from 2017 to 2024.

Additionally, the research report studies and explains about some of the foremost players functioning in the global electric vehicle charging station market such as AeroVironment, Inc., Bosch Automotive Service Solutions Inc., ChargePoint, Inc., ClipperCreek, Inc., Delta Group, Eaton Plc, Enel Group, E-Station Pty Ltd., General Electric Co., Hitachi, Ltd. and  KYOCERA Corp.

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