Siemens has also launched wallbox charging that can be used in both private as well as semi-private environment. The company has installed various electric vehicle charging solutions right from basic charging to fast charging. Siemens, located in Munich, Germany, is the largest manufacturer in Europe and specializes in various fields of healthcare, electronics, energy, and transportation. The company has a wide range of rapid and high-power charging equipment and mobile application that allows the user to locate nearest Shell charging station and offers information related to price and charge session history. Shell offers on-forecourt EV charging services and has installed around 100 electric vehicle charging points across United Kingdom and is focusing on deploying over 5000 charging points by 2025. Shell, also known as Royal Dutch Shell Plc, is a U.K.-based multinational oil and gas company. Top 10 Leading Companies In the Electric Charging Stations Market by Revenue World’s Prominent Companies In the Electric Charging Stations Market: Top 10 By Revenueįor statistical analysis study on Electric Vehicle Charging Stations market research report, Download Report Summary Here are top 10 companies leading the electric vehicle charging stations market. Various market players are also investing in research and development activities to introduce cost-effective faster charger types for electric vehicles. In addition to this, several EV manufacturers are partnering and collaborating with charging infrastructure developers for easy availability of charging stations. Various private and public sectors are investing in the development and deployment of charging infrastructure at necessary locations. Technological developments in automotive sector, fluctuating prices of petrol and diesel, and stringent government regulations regarding excess Co2 emission are factors encouraging people to purchase low-emission and fuel-efficient vehicles. The electric vehicle charging stations market is expected to reach USD 49.53 billion in 2027 at a CAGR of 38.5% over the forecast period according to a latest report by Emergen Research. Various leading automotive manufacturers are investing in electric vehicle charging stations for commercial as well as residential use to cater to rising demand for fast-charging infrastructure and many are also working on on-demand mobile electric vehicle charging stations.Įlectric Vehicle Charging Stations Market OverviewĮlectric vehicles market has registered significant revenue growth over the recent past owing to increasing awareness about excess consumption of natural resources, fossil fuels and increasing investments in electric vehicles and electric vehicle charging stations. Majority of the companies have mobile apps that help the user find nearest electric vehicle charging station with a facility to pay through Google Wallet, RFID, Apple Pay, or other paying methods. Some of these charging stations are equipped with advanced features such as smart metering, network connectivity, or cellular capability.ĭifferent types of charging equipment offer different speeds of charging, AC Level 1 with 2-5 miles per 1 hour of charging, level 2 with 10-20 miles per 1 hour of changing, or DC fast charging with 60-18 miles per 20 minutes of charging. The charging stations are usually deployed in buildings and public parking areas, shopping malls, or workplaces to supply electrical power for charging these plug-in electric vehicles. These vehicles offer better energy efficiency, improve health and economic growth, require low maintenance, and are manufactured by many companies worldwide. There has been a rapid surge in the sales of electric vehicles globally due to increasing awareness about benefits of using electric vehicles. Thus, there is no question of fossil fuel exploration. Governments, as well as private organizations across the globe, are taking initiatives to promote adoption of electric vehicles. The electric vehicle (EV) has an electric motor and does not require fuel. The advent of electric vehicles is gradually improving the overall energy generation and usage. In order to improve the air quality and reduce the number of health concerns caused by air pollution, eco-conscious consumers are switching to electric vehicles. Cars in general produce a lot of carbon and exhaust emissions that are not only harmful to the environment but also make us vulnerable to greenhouse gases and pollution.
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