Product ID: SQMIG25C2045
Report ID:
SQMIG25C2045 |
Region:
Global |
Published Date: February, 2024
Pages:
243
|
Tables:
142 |
Figures:
78
North America and Europe are expected to experience the fastest growth rates during the predicted timeframe. There will probably be a significant rise in the number of DC charging stations constructed in the US during the next few years. It is anticipated that there will be more home charging facilities for electric vehicles in Germany and the United States.
Due to the organised electric vehicle market and the presence of leading heavy-duty electric vehicle charging infrastructure manufacturers, China is an important market in the Asia-Pacific region. Due to the increasing demand for electric buses and the measures taken by governments in China, Japan, and India to promote the development of heavy-duty electric vehicles, the need for heavy-duty EV charging infrastructure in the Asia-Pacific region is anticipated to increase dramatically. The market in this region is expanding as a result of rising demand for the construction of charging infrastructure and growing regional OEM partnerships. Due to government initiatives, strict government regulations, and growing demand for heavy-duty electric vehicles like buses and trucks, China is one of the top markets in the Asia-Pacific region.
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REQUEST FREE CUSTOMIZATIONElectric Vehicle Charging Infrastructure Market size was valued at USD 31.39 billion in 2019 and is poised to grow from USD 39.44 billion in 2023 to USD 121.09 billion by 2031, growing at a CAGR of 25.5% in the forecast period (2024-2031).
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Product ID: SQMIG25C2045