Electric Vehicle Supply Equipment (EVSE) - Market Scope
Electric Vehicle Supply Equipment (EVSE) includes the electrical equipment external to the EV that provides a connection for an EV to a power source and is equipped with advanced features like smart metering, cellular capability, and network connectivity. Geographically, North America is the leading region to have alternative Fueling Station Locator reached the milestone of 100,000 public electric vehicle supply equipment (EVSE) ports. For instance, Station Locator has increased by 7.3%, with Level 2 EVSE ports contributing to the majority of growth over the forecast. The demand for the market is huge that is triggering over the forecast period.
The Electric Vehicle Supply Equipment (EVSE) - market study is segmented, by Application (Residential and Commercial) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. The market is expected to grow in the automobile industry. Several companies such as Tesla Inc, TATA Power EVBox, Charging Point Inc. are operating in the market to provide customers with better offers with various features products & unique offering services. The market is a partially fragmented market with the presence of several market players and local players. The demand in the market is huge that is triggering the market growth over the forecast period
ABB (United States), Mass tech (United Kingdom), Amara raja (India), Exicom (India), P2 Power Solution (India), Magenta Group (India), TATA Power (India), Volttic (United States), Zeon Charging (United Kingdom), PlugNGo (United States), Tesla Inc (United States), EVBox (Netherlands), Charging Point Inc (United Kingdom), SemaConnect (United States) and Others are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Electric Vehicle Supply Equipment (EVSE) - market by Type, Application and Region.
On the basis of geography, the market of Electric Vehicle Supply Equipment (EVSE) - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On March 2021 Eaton has acquire green motion. The acquisition help to accelerate Green Motion’s success internationally by immediately making a global impact on decarbonization to improve the world
On August 2021 ABB has launched the world’s fastest electric car charger
- use of lithium-ion batteries is cost-effective
- Electric Vehicle help to reduce emission
- a large amount of investment by the government
- The acceptance of the electric vehicle equipment market is low
- the increasing price of raw material
Key Target AudienceOEM (Original Equipment Manufacturer), Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry