The Electric Vehicle Supply Equipment (EVSE) is expected to reach USD 228.38 Billion by 2028, according to a new report by Reports and Data. Electric Vehicle Supply Equipment is also known as an electric charging point or electric vehicle charging station. The chargers and the components that are built to create them are known as EVSE. They increase safety by facilitating two-way communication within the electric vehicle and the charging station. Electric buses and other large electric vehicles are growing in demand in this, respectively. While electric buses are available commercially, larger heavy-duty vehicles are still under development.
Associated charging systems are mostly unique to their designated vehicle or their application. The EVSE’s main function is to supply electric energy to charge electric vehicles. These charging stations are situated in parking locations and are provided by electrical utility organizations or even in retail shopping malls by some private companies. These stations are provided with a variation of connectors, which suit every type of EV or Electric Vehicle.
The demand for EVs is growing due to several factors such as increasing environmental issues and the consumers’ knowledge about the same.
The in North America region is anticipated to witness the highest CAGR of 34.5% followed by Europe and the Asia Pacific, during the forecast period. The electric vehicle supply equipment manufacturers in the country are shifted toward technology, innovation, and development of high-level charging infrastructure.The accelerating demand for decreasing carbon emission and generating more superior and fast charging stations are anticipated to propel the growth.
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Table of Content:
Chapter 1. Synopsis 1.1. Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Estimation Technique
Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028
Chapter 3. Indicative Metrics
Chapter 4.Electric Vehicle Supply Equipment Segmentation & Impact Analysis
4.1. Electric Vehicle Supply Equipment Material Segmentation Analysis 4.2. Industrial Outlook4.2.1. indicators analysis 4.2.2. drivers analysis4.2.2.1. Growing concern for environmental safety 4.2.2.2. Rising government initiatives4.2.3. restraints analysis 4.2.3.1. Expensive maintenance cost4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis…
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Further key findings from the report suggest
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For the purpose of this study, Reports and Data have segmented the global Electric Vehicle Supply Equipment on the basis of Level, End User, Equipment Type and region:
Level Outlook (Volume, Thousand Units; and Revenue, USD Million; 2020-2028)
End User Outlook (Volume, Thousand Units; and Revenue, USD Million; 2020-2028)
Equipment Type Outlook (Volume, Thousand Units; and Revenue, USD Million; 2020-2028)
Regional Outlook (Volume, Thousand Units; and Revenue, USD Million; 2020-2028)
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Reports and Data is a research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
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