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Electric Vehicle Chargers Market by Vehicle Type (Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV), and Hybrid Electric Vehicles (HEV)), Charging Type (On-Board Chargers and Off-Board Chargers), and End User (Residential and Commercial EV Chargers) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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AU_174084
Pages: 163
Nov 2017 | 4099 Views
 
Author's : Manish Kashyap
Tables: 57
Charts: 59
 

Electric Vehicle (EV) Chargers Market Overview:

The Global Electric Vehicle Chargers Market was valued at $163 billion in 2016, and is projected to reach at $1,786 billion by 2023, growing at a CAGR of 37.5% from 2017 to 2023. Electric Vehicle (EV) Chargers Market are used to charge electric vehicle with the help of a battery and electrical source that supplies energy that is used for charging. There are 3 levels (level 1, 2, and 3) through which such vehicles can be charged. As these can be charged-on-the-go, the vehicles are economical and offer low maintenance over conventional petrol/diesel cars. They also help reduce the carbon footprints released in the atmosphere, which contains toxic gas particles.

Government regulations regarding the use of electric vehicles to curb the environmental pollution drives the demand for electric vehicles. Further, rise in demand of electric vehicles is also expected to fuel the market growth. However, high price of such electric vehicles and lack of presence EV chargers at public places is anticipated to hinder the growth of the market. Moreover, increase in demand of luxury electric vehicles is expected to offer ample number of opportunities to key players of the market.

ABB Ltd., Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc., Silicon Laboratories, Chargemaster PLC, Schaffner Holdings AG, POD Point are some of the major key players of global electric vehicle chargers market.

Segment Overview

 

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The electric vehicle chargers market is segmented based on vehicle type, charging type, end user, and region. By vehicle type, the market is divided into battery electric vehicles (BEV), plug-in electric vehicles (PHEV), and hybrid electric vehicles (HEV). Based on charging type, the market is bifurcated into on-board chargers and off-board chargers. By end user, the market is divided into residential and commercial EV chargers. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Top Impacting Factors

Government regulations to curb environmental pollution, rise in penetration of electric vehicles, growth in disposable income of population, government initiatives for development of electric vehicle charging infrastructure, limited number of EV charging stations, lack of standardization of EV charging, increasing demand of luxury vehicles, wireless charging for electric vehicles are the significant factors that impact the growth of the global electric vehicle chargers market. These factors are anticipated to either drive or hamper the market.

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Government Regulations to Curb Environment Pollution

Several policies have been deployed by the government to cater with environmental conditions. For instance, electric vehicle initiative (EVI), a multi-firm government policy forum established in 2009 under clean energy ministerial (CEM), helped the key players to accelerate the deployment of electric vehicles worldwide (as per iea.org).  

Rise in Market Penetration Of Electric Vehicles

Rise in income leads to increase in disposable income of the people across the globe. As per OECD.org, the world witnessed a growth of 10.7% in disposable income in 2016 as compared to 2015. India is leading with the highest growth rate of disposable income in 2016 as compared to other countries.

Growth in Disposable Income of Population

Rise in income leads to increase in disposable income of the people across the globe. As per OECD.org, the world witnessed a growth of 10.7% in disposable income in 2016 as compared to 2015. India is leading with the highest growth rate of disposable income in 2016 as compared to other countries.

Lack of Standardization of EV Charging

Lack of standardization within EV chargers hinders the demand for electric vehicle chargers among the end users. People get confused often whether such EV chargers are suitable for their vehicles or not. The charging network also needs to be made less confusing and vehicles need more flexible charging solutions so they can take advantage of the fastest charging rates when available. The lack of standardized plugs complicates charging further. Tesla is expanding its network of chargers, but it is designed only for Tesla vehicles. The automotive industry has standardized 120 and 240-volt plugs, which are primarily used in the home but have not yet set a standard on the plugs or ports that can charge vehicles in 30 minutes or less.

Surge in Demand for Luxury Vehicles

Rise in penetration of luxury vehicles across the globe is expected to boost the electric vehicle chargers market. As per NADA.org, the luxury vehicle segment witnessed a growth of 10.9% in 2016 as compared to 2015. Tesla Motors is one of leading companies which manufactures luxury electric vehicles for the end users

Key Benefits

  • This study comprises analytical depiction of the global electric vehicle chargers market with current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
  • Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.

Electric Vehicle Chargers Market Key Segments:

By Vehicle Type

  • Battery Electric Vehicles (BEV)
  • Plug-in Electric Vehicles (PHEV)
  • Hybrid Electric Vehicles (HEV)

By Charging Type

  • On-Board Chargers
  • Off-Board Chargers

By End User

  • Residential
  • Commercial

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players Profiled

  • ABB Ltd.
  • Robert Bosch GmbH
  • Siemens AG
  • Delphi Automotive
  • Chroma ATE
  • Aerovironment Inc.
  • Silicon Laboratories
  • Chargemaster PLC
  • Schaffner Holdings AG
  • POD Point
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. RESEARCH METHODOLOGY

1.2.1. Primary research
1.2.2. Secondary research
1.2.3. Analyst tools and models
1.2.4. Market segmentation

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors

3.2.3.1. Government regulations to curb environment pollution
3.2.3.2. Rise in market penetration of electric vehicles
3.2.3.3. Growth in disposable income of population
3.2.3.4. Government initiatives for development of electric vehicle charging infrastructure
3.2.3.5. Limited number of EV charging stations
3.2.3.6. Lack of standardization of EV charging
3.2.3.7. Surge in demand for luxury vehicles
3.2.3.8. Wireless charging for electric vehicles

3.3. PORTER’S FIVE FORCES

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.1. MARKET SHARE ANALYSIS
3.2. MARKET DYNAMICS

3.2.1. Drivers

3.2.1.1. Government regulations to curb environment pollution
3.2.1.2. Rise in market penetration of electric vehicles
3.2.1.3. Growth in disposable income of population
3.2.1.4. Government initiatives for development of electric vehicle charging infrastructure

3.2.2. Restraints

3.2.2.1. Limited number of EV Charging stations
3.2.2.2. Lack of standardization of EV charging

3.2.3. Opportunities

3.2.3.1. Surge in demand for luxury vehicles
3.2.3.2. Wireless charging for electric vehicles

Chapter: 4 ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE

4.1. OVERVIEW
4.2. BATTERY ELECTRIC VEHICLE

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. PLUG-IN HYBRID ELECTRIC VEHICLE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. HYBRID ELECTRIC VEHICLE

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

Chapter: 5 ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE

5.1. OVERVIEW
5.2. ON-BOARD CHARGERS

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. OFF-BOARD CHARGERS

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

Chapter: 6 ELECTRIC VEHICLE CHARGERS MARKET, BY END USER

6.1. OVERVIEW
6.2. RESIDENTIAL

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. COMMERCIAL

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

Chapter: 7 ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast, by vehicle type
7.2.4. Market size and forecast, by charging type
7.2.5. Market size and forecast, by end user
7.2.6. Market size and forecast, by country
7.2.7. U.S.

7.2.7.1. Market size and forecast

7.2.8. Canada

7.2.8.1. Market size and forecast

7.2.9. Mexico

7.2.9.1. Market size and forecast

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast, by vehicle type
7.3.4. Market size and forecast, by charging type
7.3.5. Market size and forecast, by end user
7.3.6. Market size and forecast, by country
7.3.7. UK

7.3.7.1. Market size and forecast

7.3.8. Germany

7.3.8.1. Market size and forecast

7.3.9. France

7.3.9.1. Market size and forecast

7.3.10. Italy

7.3.10.1. Market size and forecast

7.3.11. Rest of Europe

7.3.11.1. Market size and forecast

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast, by vehicle type
7.4.4. Market size and forecast, by charging type
7.4.5. Market size and forecast, by end user
7.4.6. Market size and forecast, by country
7.4.7. China

7.4.7.1. Market size and forecast

7.4.8. Japan

7.4.8.1. Market size and forecast

7.4.9. India

7.4.9.1. Market size and forecast

7.4.10. Australia

7.4.10.1. Market size and forecast

7.4.11. Rest of Asia-Pacific

7.4.11.1. Market size and forecast

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast, by vehicle type
7.5.4. Market size and forecast, by charging type
7.5.5. Market size and forecast, by end user
7.5.6. Market size and forecast, by region
7.5.7. Latin America

7.5.7.1. Market size and forecast

7.5.8. Middle East

7.5.8.1. Market size and forecast

7.5.9. Africa

7.5.9.1. Market size and forecast

Chapter: 8 COMPANY PROFILES

8.1. ABB LTD.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments

8.2. AEROVIRONMENT INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves and developments

8.3. CHARGEMASTER PLC

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Key strategic moves and developments

8.4. CHROMA ATE INC

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves and developments

8.5. DELPHI AUTOMOTIVE PLC

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves and developments

8.6. SCHAFFNER HOLDING AG. (EVATRAN GROUP)

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments

8.7. POD POINT LTD.

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Key strategic moves and developments

8.8. ROBERT BOSCH GMBH

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves and developments

8.9. SIEMENS AG

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves and developments

8.10. SILICON LABORATORIES, INC.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 2. BATTERY ELECTRIC VEHICLE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3. PLUG-IN HYBRID ELECTRIC VEHICLE MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. BATTERY ELECTRIC VEHICLE MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE, 2016-2023 ($MILLION)
TABLE 6. ON-BOARD CHARGERS FOR ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. OFF-BOARD CHARGERS FOR ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 8. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 9. RESIDENTIAL CHARGERS FOR ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. COMMERCIAL CHARGERS FOR ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11. ELECTRIC VEHICLE CHARGERS MARKET, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 13. NORTH AMERICA ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE, 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA ELECTRIC VEHICLE CHARGERS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA ELECTRIC VEHICLE CHARGERS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 16. EUROPE ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 17. EUROPE ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE, 2016-2023 ($MILLION)
TABLE 18. EUROPE ELECTRIC VEHICLE CHARGERS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 19. EUROPE ELECTRIC VEHICLE CHARGERS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 20. ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 21. ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE, 2016-2023 ($MILLION)
TABLE 22. ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 23. ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 24. LAMEA ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE, 2016-2023 ($MILLION)
TABLE 25. LAMEA ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE, 2016-2023 ($MILLION)
TABLE 26. LAMEA ELECTRIC VEHICLE CHARGERS MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 27. LAMEA ELECTRIC VEHICLE CHARGERS MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 28. ABB: COMPANY SNAPSHOT
TABLE 29. ABB: OPERATING SEGMENTS
TABLE 30. ABB: PRODUCT PORTFOLIO
TABLE 31. AEROVIRONMENT: COMPANY SNAPSHOT
TABLE 32. AEROVIRONMENT: OPERATING SEGMENTS
TABLE 33. AEROVIRONMENT: PRODUCT PORTFOLIO
TABLE 34. CHARGEMASTER: COMPANY SNAPSHOT
TABLE 35. CHARGEMASTER: OPERATING SEGMENTS
TABLE 36. CHARGEMASTER: PRODUCT PORTFOLIO
TABLE 37. CHROMA: COMPANY SNAPSHOT
TABLE 38. CHROMA: OPERATING SEGMENTS
TABLE 39. CHROMA: PRODUCT PORTFOLIO
TABLE 40. DELPHI: COMPANY SNAPSHOT
TABLE 41. DELPHI: OPERATING SEGMENTS
TABLE 42. DELPHI: PRODUCT PORTFOLIO
TABLE 43. SCHAFFNER: COMPANY SNAPSHOT
TABLE 44. SCHAFFNER: OPERATING SEGMENTS
TABLE 45. SCHAFFNER: PRODUCT PORTFOLIO
TABLE 46. POD POINT: COMPANY SNAPSHOT
TABLE 47. POD POINT: OPERATING SEGMENTS
TABLE 48. POD POINT: PRODUCT PORTFOLIO
TABLE 49. BOSCH: COMPANY SNAPSHOT
TABLE 50. BOSCH: OPERATING SEGMENTS
TABLE 51. BOSCH: PRODUCT PORTFOLIO
TABLE 52. SIEMENS AG: COMPANY SNAPSHOT
TABLE 53. SIEMENS AG: OPERATING SEGMENTS
TABLE 54. SIEMENS AG: PRODUCT PORTFOLIO
TABLE 55. SILICON LABS: COMPANY SNAPSHOT
TABLE 56. SILICON LABS: OPERATING SEGMENTS
TABLE 57. SILICON LABS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. ELECTRIC VEHICLE CHARGERS MARKET SEGMENTATION
FIGURE 2. EXECUTIVE SUMMARY
FIGURE 3. TOP WINNING STRATEGIES, 2015-2017 (%)
FIGURE 4. TOP WINNING STRATEGIES, 2015-2017
FIGURE 5. TOP INVESTMENT POCKETS
FIGURE 6. TOP IMPACTING FACTORS (2016 - 2023)
FIGURE 7. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 8. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 9. MODERATE THREAT OF SUBSTITUTES
FIGURE 10. LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11. HIGH COMPETITIVE RIVALRY
FIGURE 12. MARKET SHARE ANALYSIS, 2016
FIGURE 13. DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 14. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY VEHICLE TYPE
FIGURE 15. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY CHARGING TYPE
FIGURE 16. GLOBAL ELECTRIC VEHICLE CHARGERS MARKET, BY END USER
FIGURE 17. ELECTRIC VEHICLE CHARGERS MARKET SHARE AND CAGR, BY GEOGRAPHY
FIGURE 18. NORTH AMERICA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 19. U.S. ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 20. CANADA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 21. MEXICO ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 22. EUROPE ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 23. UK ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 24. GERMANY ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 25. FRANCE ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 26. ITALY ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 27. REST OF EUROPE ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 28. ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 29. CHINA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 30. JAPAN ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 31. INDIA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 (MILLION)
FIGURE 32. AUSTRALIA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 (MILLION)
FIGURE 33. REST OF ASIA-PACIFIC ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 34. LAMEA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 35. LATIN AMERICA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 36. MIDDLE EAST ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 37. AFRICA ELECTRIC VEHICLE CHARGERS MARKET, 2016-2023 ($MILLION)
FIGURE 38. ABB: NET SALES, 2014-2016 ($MILLION)
FIGURE 39. ABB: REVENUE BY PRODUCT, 2016 (%)
FIGURE 40. ABB: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 41. AEROVIRONMENT: NET SALES, 2015-2017 ($MILLION)
FIGURE 42. AEROVIRONMENT: REVENUE BY PRODUCT, 2017 (%)
FIGURE 43. CHROMA: NET SALES, 2014-2016 ($MILLION)
FIGURE 44. CHROMA: REVENUE BY PRODUCT, 2016 (%)
FIGURE 45. CHROMA: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 46. DELPHI: NET SALES, 2014-2016 ($MILLION)
FIGURE 47. DELPHI: REVENUE BY PRODUCT, 2016 (%)
FIGURE 48. DELPHI: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 49. SCHAFFNER: NET SALES, 2014-2016 ($MILLION)
FIGURE 50. SCHAFFNER: REVENUE BY PRODUCT, 2016 (%)
FIGURE 51. BOSCH: NET SALES, 2014-2016 ($MILLION)
FIGURE 52. BOSCH: REVENUE BY PRODUCT, 2016 (%)
FIGURE 53. BOSCH: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 54. SIEMENS: NET SALES, 2014-2016 ($MILLION)
FIGURE 55. SIEMENS: REVENUE BY PRODUCT, 2016 (%)
FIGURE 56. SIEMENS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 57. SILICON LABS: NET SALES, 2014-2016 ($MILLION)
FIGURE 58. SILICON LABS: REVENUE BY PRODUCT, 2016 (%)
FIGURE 59. SILICON LABS: REVENUE BY GEOGRAPHY, 2016 (%)

 

The global electric vehicle chargers market is expected to witness high growth rate due to government regulations regarding the use of electric vehicles to curb the environmental pollution and rise in demand for electric vehicles. However, high price of such electric vehicles and lack of presence EV chargers at public places impedes the market growth.

Electric vehicle chargers are used to provide charging to electric vehicle with a battery and the electrical source that helps charge the battery. At present, there are three different modes of charging-level 1, level 2 and DC fast charging-available in the market. Level 1 and Level 2 charging are the types of AC mode of charging which charge the vehicle at 120 volts and 240 volts, respectively. Such chargers can be installed at home or public places as per the individual’s requirements. Surge in demand for luxury and high-end electric vehicles drive the demand for EV chargers in the market. Further, stringent government regulations to curb carbon emission is expected to boost the market. By end user, the electric vehicle chargers market is divided into residential and commercial chargers. Further, based on charging type, the market is bifurcated into on-board and off-board chargers.

The plug-in hybrid electric vehicles in the electric vehicle chargers market has higher potential for growth in the global market. Hybrid electric vehicle dominated the global market presently and is expected to continue its dominance during the forecast period. By charging type, off-board chargers witnessed highest growth rate during the forecast period due to surge in disposable income of population across the world. While, residential chargers observed highest growth rate based on end user owing to stringent government regulations to curb environment pollutions.

ABB Ltd., Robert Bosch GmbH, Siemens AG, Delphi Automotive, Chroma ATE, Aerovironment Inc., Silicon Laboratories, Chargemaster PLC, Schaffner Holdings AG, POD Point are key market players that occupy a significant revenue share in the electric vehicle chargers market.

 

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