Middle East and Africa Electric Vehicle Charging Stations Market was valued at USD 129.85 million in 2021 and is expected to reach USD 9391.51 million by 2029, registering a CAGR of 44.60% during the forecast period of 2022-2029
The most sophisticated tools and techniques are applied to create MIDDLE EAST AND AFRICA ELECTRIC VEHICLE CHARGING STATIONS MARKET report which gives the best experience to the business and the user. The market study also evaluates the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This business document potentially endows with the numerous insights and business solutions that will assist to stay ahead of the competition. The competitive landscape section of the steadfast MIDDLE EAST AND AFRICA ELECTRIC VEHICLE CHARGING STATIONS report provides a clear insight into the market share analysis and actions of key industry players.
MIDDLE EAST AND AFRICA ELECTRIC VEHICLE CHARGING STATIONS market research report offers an analytical measurement of the main challenges faced by the business currently and in the upcoming years. Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this business document. The market analysis of this business document provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame. A worldwide MIDDLE EAST AND AFRICA ELECTRIC VEHICLE CHARGING STATIONS market report presents the data and information for actionable, most modern and real-time market insights which makes it easy to go for critical business decisions.
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Market Analysis and Size
Vehicles can be plugged into charging station to fuel up rather than filling gallons of gas. More and more people are inclining towards electric vehicles with the growing awareness regarding environmental issues globally.
Battery Electric Vehicle (BEV) accounts for the largest application segment in the respective market owing to the increase in the demand from the adoption of connected vehicles. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Middle East and Africa Electric Vehicle Charging Stations Market Scope and Market Size
Charging Stations
- AC Charging/Normal Charging Station
- DC Charging/Super Charging Station
- Inductive Charging Station
On the basis of charging stations, the electric vehicle charging stations market is segmented into AC charging/normal charging station, DC charging/super charging station and inductive charging station. In 2020, AC charging/ normal charging station segment holds major market share in charging stations segment as commercial stations are mostly installing AC charging stations for faster charge.
Vehicle Type
- Battery Electric Vehicle (BEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
On the basis of vehicle type, the electric vehicle charging stations market is segmented into battery electric vehicle (BEV) and plug-in hybrid electric vehicles (PHEV). In 2020, vehicle type segment is dominated by battery electric vehicle (BEV) segment and is expected to grow at higher rate owing to its low cost and lower maintenance.
Installation Type
- Individual Houses
- Commercial
- Apartments
- Others
On the basis of installation type, the electric vehicle charging stations market is segmented into individual houses, commercial, apartments and others. In 2020, individual houses segment accounts for the largest share in installation type segment as most of EV owners prefer to charge their vehicle at residence.
Technology
- Level 1
- Level 2
- Level 3
On the basis of technology, the electric vehicle charging stations market is segmented into level 1, level 2 and level 3. In 2020, level 2 segment dominates the technology segment as it resembles AC charging; however Level 3 is expected to grow at higher rate as it collaterally resembles DC charging.
Charger Type
- Portable Charger
- Fixed Charger
On the basis of charger type, the electric vehicle charging stations market is segmented into portable charger and fixed charger. In 2020, charger type segment is dominated by fixed charger segment as fixed chargers provide better efficiency; also due to rising number of commercial charging station, need for portable chargers is reducing.
Middle East and Africa Electric Vehicle Charging Stations Market Regional Analysis/Insights
The countries covered in the Middle East and Africa electric vehicle market report are the Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Competitive Landscape and Middle East and Africa Electric Vehicle Charging Stations Market
The electric vehicle charging stations market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electric vehicle charging stations market.
Some of the major players operating in the electric vehicle charging stations market are
- ChargePoint, Inc. (US)
- ABB (Switzerland)
- Webasto Thermo & Comfort (Germany)
- Shell International B.V. (Netherlands)
- Schneider Electric (France)
- Groupe Renault (France)
- Phihong USA Corp. (US)
- EV Safe Charge Inc. (US)
- Tesla (US)
- Daimler AG. (Germany)
- Siemens (Germany)
MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: electric vehicle charging stations market
QUESTIONS ANSWERED IN THE REPORT
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