GlobalData, the industry analysis specialist, has released its latest research, "Electric Vehicle Charging Stations - Market Analysis and Forecast to 2020", which provides in-depth analysis of the level 2 and 3 electric vehicle (EV) charging station markets at global and country level.
The widespread use of EVs has inevitably led to a rise in the installation of EV charging stations. EVs emit less carbon dioxide than internal combustion engine (ICE) vehicles, and many governments have announced EV target
The widespread use of EVs has inevitably led to a rise in the installation of EV charging stations. EVs emit less carbon dioxide than internal combustion engine (ICE) vehicles, and many governments have announced EV targets for 2015 and 2020 to reduce emissions from the transportation sector. The markets for EV charging stations have similar prospects worldwide. In North America, Europe and Asia-Pacific they are at an introductory stage but are expected to grow at a significant rate in the coming years.
The report focuses on the EV charging station market in US, the UK, the Netherlands, France, Japan and China for level 2 and level 3 charging stations, covering global market drivers and restraints and level 2 and 3 annual volume sales and revenues. It also gives average device prices.
As part of the country-level analysis, level 2 and 3 charging station annual sales and cumulative installations are given, along with revenue for these charging station types.