Artificial Intelligence
Electric Vehicle Charging Stations Market to Reach $29.7 Billion by 2027, Growing at a CAGR of 39.8% from 2020 With COVID-19 Impact – Meticulous Research® Analysis
London, Dec. 02, 2020 (GLOBE NEWSWIRE) — The concept of Electric Vehicles (EVs) is trending within the automotive industry owing to improved technology, customer inclination towards minimizing carbon footprints, and government policy incentives. Currently, the electric vehicle industry is undergoing a technological transformation with two-fold objectives to improve vehicle range with charging infrastructure. Electric vehicle automakers are investing heavily in charging stations in order to support their long-range battery electric vehicles. Subsequently, government incentives, subsidies, and funding for the installation of charging stations will fuel the growth of the overall electric vehicle charging stations market.
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Meticulous Research® in its latest publication, titled “Electric Vehicle Charging Stations Market by Type (Plug-in, Wireless), Component (Hardware, Software), Bus Charging Infrastructure, Connector (CCS, CHAdeMO, GB/T, Tesla Supercharger), Installation, and End User- Global Forecast to 2027” states that the electric vehicle charging stations market is expected to grow at a CAGR of 39.8% from 2020 to reach $29.7 billion by 2027. Whereas, in terms of volume, this market is expected to grow at a CAGR of 31.8% from 2020 to reach 15,025.5 thousand units by 2027. The growth of the overall electric vehicle charging stations market is mainly attributed to government incentives, subsidies, and funding for the installation of charging stations; and automakers’ initiatives for charging infrastructure development.
To provide efficient analysis, Meticulous Research® has segmented this market on the basis of type (plug-in charging station {level 1 charging station, level 2 charging station, level 3 charging station}, wireless charging station), component (hardware, software), bus charging infrastructure (off-board top-down pantograph, on-board bottom-up pantograph), Connector ( CCS, CHAdeMO, GB/T, tesla supercharger, Type 2 (IEC 62196), Type 1 (SAE J1772)), installation (fixed, portable), end-user (commercial {on road, public parking}, non-commercial {residential, non-residential}); and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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Geographically, the Asia Pacific region is estimated to command the largest share of the global electric vehicle charging stations market in 2020. The large share of this region is primarily attributed to the increasing demand for electric vehicles in countries such as China, Japan, and South Korea, owing to stringent regulations to curb pollution; incentives to promote the sale of electric vehicles; and available subsidy on installation of charging stations. In addition, countries such as South Korea and India are taking initiatives to reduce greenhouse gas emissions by increasing the adoption rate of electric vehicles.
In terms of charging station type, the plug-in charging stations segment is estimated to account for the largest share of the overall electric vehicle charging stations market in 2020. The growth in this segment is mainly driven by the government and automakers initiatives to expand the level 3 plug-in charging station infrastructure.
In terms of component, the hardware segment is estimated to command the largest share of the overall electric vehicle charging stations market in 2020. The large share of this segment is mainly attributed to the growing need for replacement, up-gradation, and modification in the charging station hardware components to increase the lifespan and performance of charging stations as well as to gain competitive advantage. However, the software segment is expected to grow with the fastest CAGR during the forecast period.
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In terms of end-user, the commercial end-user segment is estimated to account for the largest share of the overall market in 2020, mainly due to the increased installation of charging stations in public places like shopping malls, restaurants, commercial buildings, public parking spaces, and airports owing to the convenience of usage during the commercial activities. The commercial end-user segment is further segmented into on-road, public parking, and others. The on-road end-user segment is estimated to account for the largest share of the overall electric vehicle charging stations market in 2020. The growth of this segment is aided by the growing installation of charging points by fuel stations within their premises and rise in the installation of charging stations at highways and intercity roads.
The global electric vehicle charging stations market is consolidated and dominated by few major players, namely ABB (Switzerland), ChargePoint, Inc. (U.S.), Tesla, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Efacec (Portugal), Delta Electronics, Inc. (Taiwan), Leviton Manufacturing Co., Inc. (U.S.), EVBox (The Netherland), Blink Charging (U.S.), Alfen (The Netherland), The New Motion B.V. (The Netherland), Star Charge (China), Eaton Corporation Inc (Ireland), SemaConnect (U.S.), Webasto (Germany), Robert Bosch GmbH (Germany), and ClipperCreek Inc. (U.S.), among others.
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Scope of the report
EV Charging Stations Market by Type
- Plug-in Charging Station
- Level 1 Charging Station
- Level 2 Charging Station
- Level 3 Charging Station
- Wireless Charging Station
EV Charging Stations Market by Component
- Hardware
- Software
EV Charging Stations Market by Bus Charging Infrastructure
- Off-Board Top-Down Pantograph
- On-Board Bottom-Up Pantograph
EV Charging Stations Market by Connector Type
- CCS
- CHAdeMO
- GB/T
- Tesla Supercharger
- Type 1 (SAE J1772)
- Type 2 (IEC 62196)
EV Charging Stations Market by Installation Type
- Portable
- Fixed
EV Charging Stations Market by End User
- Commercial
- On-Road
- Public Parking
- Others
- Non-Commercial
- Residential
- Non-Residential
EV Charging Stations Market by Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- The Netherlands
- Norway
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East and Africa
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Amidst this crisis, Meticulous Research® is continuously assessing the impact of COVID-19 pandemic on various sub-markets and enables global organizations to strategize for the post-COVID-19 world and sustain their growth. Let us know if you would like to assess the impact of COVID-19 on any industry here- https://www.meticulousresearch.com/custom-research.php
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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Content Source: https://www.meticulousresearch.com/press-release/research-antibodies-reagents-market-2027/514
Artificial Intelligence
Aetina Accelerates Embedded AI with High-performance, Small Form-factor Aetina IA380E-QUFL Graphics Card
TAIPEI, April 25, 2024 /PRNewswire/ — Aetina, a leading Edge AI solution provider, announced the launch of the Aetina IA380E-QUFL at Embedded World 2024 in Nuremberg, Germany. This groundbreaking product is a small form factor PCIe graphics card powered by the high-performance Intel Arc A380E GPU.
Unmatched Power in a Compact Design
The Aetina IA380E-QUFL delivers workstation-level performance packed into a low-profile, single-slot form factor. This innovative solution consumes only 50W, making it ideal for space and power-constrained edge computing environments. Embedded system manufacturers and integrators can leverage the power of 4.096 TFLOPs peak FP32 performance delivered by the Intel Arc A380E GPU[1].
Beyond Small Size: Big Capabilities
Despite its compact size, the IA380E-QUFL offers native support for 4 mini-DisplayPort outputs and 6GB of GDDR6 memory, enabling the connection of multiple high-resolution displays (UHD). This makes the IA380E-QUFL an excellent choice for a wide range of applications, including commercial gaming, video walls, medical imaging, and visual inference for smart cities.
“The demand for slim and energy-efficient AI systems is rapidly escalating,” said Jackal Chen, Senior Product Manager at Aetina. “The Aetina IA380E-QUFL addresses this need head-on, offering a powerful GPU solution in a compact, single-slot form factor with minimal power consumption. This empowers developers to create powerful and efficient edge systems for a wide range of applications.”.
Unparalleled Commitment: 5-Year Product Supply
Acknowledging the critical need for long-term product stability in industrial applications, Aetina ensures a 5-year product supply for the Aetina IA380E-QUFL, which streamlines system roadmaps and reduces the need for costly redesign. Our commitment is aligned with Intel’s announced product plans for the Intel Arc A380E GPU.[1]
[1]https://www.intel.com/content/www/us/en/content-details/820389/intel-arc-gpu-for-the-edge-public-30-3-30.html?wapkw=Intel%20Arc%20GPU%2030-3-30&DocID=820389 Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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Artificial Intelligence
IG Canada Announces Enhanced Trading Platform for Enhanced User Experience
Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.
IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053
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Artificial Intelligence
Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment
This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
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