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Global Electric Vehicle Charging Station Market Size & Share is expected 35% CAGR Rise, Will Hit to USD 115 billion globally by 2026 (with COVID-19 Analysis): Facts & Factors

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New York, United States, Jan. 04, 2022 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “Electric Vehicle Charging Station Market By Level of Charging (Level 1, Level 2 & Level 3) By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), By Application (Commercial, and Residential) and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028” in its research database.

“According to the most recent research study, the demand of global Electric Vehicle Charging Station Market Size & Share was valued at approximately USD 18.22 billion in 2021 and is projected to reach a value of around USD 115 billion by 2028, at a compound annual growth rate (CAGR) of about 35% during the forecast period 2021 to 2028.”

The development of the Electric Vehicle Charging Station Market was largely driven by the increasing R&D globally. However, the COVID circumstances and the economic downturn have changed the market statistics for the whole world. This is a dedicated and very detailed report about the primary and secondary drivers of the electric vehicle charging station market, as well as production, market share, leading segments, and geographic analysis (such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.)

What is Electric Vehicle Charging Station? How big is the Electric Vehicle Charging Station Market?

  • Market Overview & Coverage:

The adoption rate and interest in EVs (Electric Vehicles) is increasing among consumers across the world. Increasing investment in battery systems and high stakes in environment-friendly technology is driving the interest of automakers in electric vehicles. Moreover, governments of the countries are devising policies to increase the adoption rate of the EV.

However, if we forecast the expected EV growth rate with corresponding units of electricity and average run time of vehicles, it is observed that high investments in EV charging stations are essential. This charging infrastructure can be built at home, offices, and in public spaces.

Request Your Free Sample Report of the Global Electric Vehicle Charging Station Market @ https://www.fnfresearch.com/sample/electrical-vehicle-charging-station-market

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2021 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 225+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Players

  • ChargePoint Inc.
  • ABB
  • bpChargemaster
  • Webasto Thermo & Comfort
  • Shell International B.V.
  • Schneider Electric
  • Blink Charging Co.
  • Groupe Renault
  • Phihong USA Corp.
  • EV Safe Charge Inc.
  • Eaton.
  • Tata Power.
  • Tesla
  • SemaConnect Inc.
  • Daimler AG.
  • Siemens
  • EVgo Services LLC.
  • ENGIE EV Solutions

Key questions answered in this report:

  • What is the size of the electric vehicle charging station market and what is its expected growth rate?
  • What are the primary driving factors that push the Electric Vehicle Charging Station Market forward?
  • What are the Electric Vehicle Charging Station Industry’s top companies?
  • What are the different categories that the Electric Vehicle Charging Station Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Electric Vehicle Charging Station Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2021−2028
  • Market Dynamics – Key Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A comprehensive analysis by Level of Charging, by Charging Infrastructure, by Application, and by Region
  • Competitive Landscape – Major Key Players and Other Prominent Vendors

Directly Purchase a copy of the report with TOC @
https://www.fnfresearch.com/buynow/su/electrical-vehicle-charging-station-market

Global Electric Vehicle Charging Station Market: Growth Factors

  • High Demand from EV Fleet Operators for Charging Infrastructure

The important driving factor for the growth of the market is the potential market of providing charging services to EV fleet operators. It assists in reducing the managing and procuring cost of charging services.

Assuming widespread EV adoption and increased growth opportunities for the fleet operators will converge and increase the demand for charging infrastructure in the forecast period. However, one of the major challenges for the charging station operator is the reduction in the time of charging the vehicle.

Global Electric Vehicle Charging Station Market: Report Scope

Report Attribute Details
Market Size in 2021 USD 18.22 billion
Projected Market Size in 2028 USD 115 billion
CAGR Growth Rate 35% CAGR
Base Year 2020
Forecast Years 2021-2028
Key Market Players ChargePoint, Inc., ABB, bpChargemaster, Webasto Thermo & Comfort, Shell International B.V., Schneider Electric, Blink Charging Co., Groupe Renault, Phihong USA Corp., EV Safe Charge Inc., Eaton., Tata Power., Tesla, SemaConnect, Inc., Daimler AG., Siemens, EVgo Services LLC., ENGIE EV Solutions
Key Segment By Level of Charging, By Charging Infrastructure, By Application, and By Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Electric Vehicle Charging Station Market: Segmentation Analysis

The global electric vehicle charging station market is segregated based on the charging level as level 1, Level 2 & Level 3. By charging infrastructure the market is divided as normal charge, type-2, ccs, chademo, and tesla supercharger. By application, the market is bifurcated as commercial, and residential.

The commercial segment is likely to grow by higher CAGR as a result of government funding to create robust charging infrastructure and automobile companies investing in charging stations.

Request Customized Copy of Report @ https://www.fnfresearch.com/customization/electrical-vehicle-charging-station-market

(We customize your report according to your research need. Ask our sales team for report customization.)

Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?

Email Directly Here with Detail Information: [email protected]

Regional Dominance:

  • APAC Region Projected To Dominate Global Electric Vehicle Charging Station Market Growth

The largest market is expected to be the Asia Pacific. During the forecast period, the Asia Pacific market is expected to be driven by the large-scale growth of EV charging networks in China, increasing demand for affordable electric vehicles for everyday use, and governments supporting electric vehicles. China’s rapidly expanding economy is propelling the country’s electrification.

The governments of Japan and Korea have both announced plans to significantly increase the number of electric vehicle charging stations in their respective countries in the coming years. The Indian government has also announced plans to build 69,000 electric vehicle charging stations across the country as part of its first phase of EV infrastructure expansion, with a demand of 4 to 6 lakh charging stations anticipated by 2028.

Browse the full “Electric Vehicle Charging Station Market By Level of Charging (Level 1, Level 2 & Level 3) By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), By Application (Commercial, and Residential) and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028” Report at https://www.fnfresearch.com/electrical-vehicle-charging-station-market

The global electric vehicle charging station market is segmented into:

Global Electric Vehicle Charging Station Market: By Level of Charging Segment Analysis

  • Level 1
  • Level 2
  • Level 3

Global Electric Vehicle Charging Station Market: By Charging Infrastructure Segment Analysis

  • Normal Charge
  • Type-2
  • CCS
  • CHAdeMO
  • Tesla Supercharger

Global Electric Vehicle Charging Station Market: By Application Segment Analysis

  • Commercial
  • Residential

Key Insights from Primary Research

  • As per the analysis shared by our primary respondents, the electric vehicle charging station market is expected to grow annually at a CAGR of around 35%.
  • Through the primary research, it was established that the electric vehicle charging station market was valued at around USD 18.22 billion in 2021and expected to grow by reaching USD 115 billion by 2028.
  • On the basis of region, the “APAC” region will be the leading revenue generator by 2028.

Spectacular Deals

  • Comprehensive coverage
  • Most number of market tables and figures
  • Subscription-based option offered
  • Best price guarantee

Request Your Free Sample Report of Global Electric Vehicle Charging Station Market @ https://www.fnfresearch.com/sample/electrical-vehicle-charging-station-market

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About Facts & Factors:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

THE 2024 GLOBAL EXPLORATION SUMMIT IS ANNOUNCED AT THE 120th EXPLORERS CLUB ANNUAL GALA IN NEW YORK

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Porto and Terceira Island to Host the ‘Davos of Exploration’ – The GLEX Summit
NEW YORK, April 24, 2024 /PRNewswire/ — The Explorers Club and Expanding World, are thrilled to announce the fifth edition of The GLEX Summit, known as the ‘Davos of Exploration,’ set to take place from June 15 to 19 on Porto city and Terceira Island in the Azores, Portugal.

This year, Porto will Ignite the summit, followed by two days of discussions and exploration in the historic city of Angra do Heroísmo on Terceira Island. From the depths of the oceans to new space missions, the power and future of exploration will be explored in these two World Heritage cities, deeply connected to the history of exploration.
The 2024 GLEX Summit will revolve around the latest discoveries and groundbreaking missions shaping the future of our planet. Highlights of the summit include the Artemis mission, which plans to send astronauts back to the moon for the first time since 1972, and the role of Space and the Oceans in researching and mitigating the effects of climate change. Notable sessions will also delve into the unfortunate incident of the submersible implosion that took place on Titan and the recording of an episode of the BBC’s acclaimed science comedy show ‘The Infinite Monkey Cage,’ hosted by physicist Brian Cox and comedian Robin Ince.
This prestigious event will bring together over three dozen explorer and scientist legends from around the world. Confirmed physicist and researcher Brian Cox, NASA Chief Scientist James Garvin, Aquanaut Fabien Cousteau, Oceanographer David Gallo, Cosmonaut Mike Massimino, Nasa ISS CapCom Tess Caswell, among many others global Explorers and Scientists.
For further inquiries about The GLEX Summit and press accreditation, please contact:
Marco Barbosa [email protected], +351917345744
Photo: https://mma.prnewswire.com/media/2395857/GLEX_Summit.jpg
 

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Artificial Intelligence

Hillstone Networks is Named in Microsegmentation Solutions Landscape Report

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Hillstone Networks delivers advanced Microsegmentation across different verticals.. 
SANTA CLARA, Calif., April 24, 2024 /PRNewswire/ — Hillstone Networks, a leading provider of cybersecurity solutions, has been included in the Forrester Microsegmentation Solutions Landscape, Q2 2024 report. The report offers an overview of the Microsegmentation market, focused on the vendors who deliver solutions for protection of critical resources, combating ransomware, and contributing to compliance adherence. The report provides security professionals a snapshot of these named vendors, considering factors such as size, geographic focus, and use cases to select the most suitable option for their targeted use cases or needs. 

In the Landscape Report, Forrester states that “Zero Trust is all about replacing bodies of implicit trust with explicit policy. In physical and virtual networks, the application of this principle is referred to as microsegmentation…. [It] was one of the first true Zero Trust technologies developed after Forrester published the initial Zero Trust reports.”  
Forrester states in the report that the main trend is “organizations are finally getting serious about Zero Trust. Some, proactively, are implementing microsegmentation as part of a Zero Trust strategy or initiative. Others are implementing it because they got hit by ransomware and are trying to avoid it again. But all of them are doing Zero Trust with microsegmentation.”
“Being recognized as a vendor in the Microsegmentation solution landscape underscores for us the pivotal role our technology plays in safeguarding critical assets and thwarting ransomware threats. We believe it reaffirms our commitment to providing cutting-edge security measures built on an innovative and AI-powered platform that help our customers defend against evolving cyber risks, ensuring resilience and trust,” states Tim Liu, CTO and Co-founder at Hillstone Networks.
Hillstone’s Microsegmentation solution provides the following key benefits:
Advanced and extensive Microsegmentation for physical servers, virtual machines, cloud hosts, and containers, seamlessly compatible with multiple platforms.Comprehensive, integrated Layer 4 to 7 security and malware features (Next Generation Firewall, Intrusion Prevention System, AntiVirus, URL filtering, DDoS, and bot defense), and complete vulnerability management across the entire application lifecycle.Distributed architecture for easy scaling and portability.Centralized and comprehensive visibility to reduce gaps in the threat surface.Learn more about Hillstone Networks solutions here.
About Hillstone Networks
Hillstone Networks’ Integrative Cybersecurity approach is based on a visionary, AI-powered, and accessible platform, delivering coverage, control, and consolidation to secure over 28,000 global enterprises.
Media ContactZeyao Hu+1 [email protected]
Logo – https://mma.prnewswire.com/media/765968/Hillstone_Logo.jpg 

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Artificial Intelligence

Tetra Pharm Technologies and Glysious Announce Collaboration to Develop Transdermal Combination Drugs Targeting the Endocannabinoid System

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The collaboration brings together Tetra Pharm Technologies’ expertise in enabling technology with Glysious’ proprietary transdermal drug delivery system, renowned for its effectiveness, comfort, and convenience.
COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ — Tetra Pharm Technologies and Glysious are pleased to announce a strategic collaboration aimed at developing a ground-breaking transdermal drug delivery system complementing several of Tetra Pharm Technologies’ pipeline candidates. The joint invention aims to revolutionize transdermal release of “difficult-to-formulate” compounds targeting the endocannabinoid system.

Tetra Pharm Technologies has focused intensively on formulation expertise, that is, how the molecules are effectively integrated with a drug delivery system to reach their desired targets. Glysious has worked rigorously on the development of an adhesive patch for transdermal drug delivery since the company’s incorporation in 2020.
“The Glysious technology enables precision, sustained dosing, and allows for a high drug load and effective emptying of patches. The transdermal patches remain in place and are very comfortable and convenient to use, resulting in improved patient compliance. However, we have identified challenges with standard formulation strategies, not providing acceptable drug release due to shortcomings of the formulation matrix”, says Professor, Dr.Techn. Anne Ladegaard Skov, Chief Scientific Officer, Glysious.
Back in 2023 Glysious and Tetra Pharm Technologies performed early in-vitro feasibility tests, integrating Tetra Pharma Technologies’ proprietary enabling technology for delivery of poorly soluble compounds with Glysious’ patch.
Dr. Morten Allesø, Chief Scientific Officer, Tetra Pharm Technologies, adds: “Although both parties were aware of the uniqueness of our respective technologies, we were positively surprised to find a five-fold increase in performance of our combination product compared to conventional formulation technologies. This is truly remarkable, and we consider it our shared obligation to further advance this technology to the benefit of the patients.”
The objectives of the collaboration include conducting comprehensive in-vitro and in-vivo studies to evaluate the performance and efficacy of the combined drug delivery system. Additionally, Tetra Pharm Technologies and Glysious plan to pursue a common patent for the joint invention, ensuring that their innovative technology remains protected and exclusive.
“We are excited to collaborate with the innovative team in Tetra Pharm Technologies on this transdermal drug delivery system paving the way for commercialization and scaling of the Glysious technology within the pharma segment”, says Stina Bjerg Nielsen, Chief Executive Officer, Glysious.
Martin Rose, Chief Executive Officer, Tetra Pharm Technologies, concludes: “The collaboration represents a unique opportunity to harness the synergies between our respective technologies. By combining our expertise, we aim to develop a transdermal drug delivery system that offers superior efficacy, convenience, and patient compliance, supporting several of our pipeline programs”.
As part of the collaboration, the partners will exchange expertise, knowledge, and resources. In addition, Tetra Pharm Technologies and Glysious will conduct joint research, experiments, and tests as required for the development of a joint patent. The scope of the collaboration is focused on disease indications such as pain, sleep disorders, and appetite regulation.
About Tetra Pharm Technologies
Tetra Pharm Technologies is a Danish biopharmaceutical company established in 2018 with a vision to be a leader in research and development of pharmaceutical drugs for the treatment of diseases related to the endocannabinoid system. For more information, please visit www.tetrapharm.eu
About Glysious
Glysious is a Danish medtech company, incorporated in 2020, that develops patches, creams, spray, and foams with controlled release of active ingredients for cosmetics and life science applications. For more information, please visit www.glysious.com
For further informationJacob SchlundtChief Marketing OfficerTetra Pharm [email protected]+45 51976225
Stina Bjerg NielsenChief Executive [email protected]+45 3053 5393
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