Market by Product Type, Mode of Charging, and Country | Forecast 2021-2028
Triton’s report suggests that
the electric vehicle charging system market in Latin America is anticipated to experience
progress at a CAGR of 47.71% during the forecast period 2021-2028.
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The countries analyzed in this
market include:
• Brazil
• Mexico
• Rest of Latin America
In Latin America, the
automotive industry is dominated majorly by Brazil and Mexico. These countries
have developed into major manufacturing bases. Besides, the population base’s
growth has increased reliance on private transport, increasing the number of
cars, extended travel period, traffic congestion, and pollution. This has
compelled the governments to develop infrastructure for electric vehicles,
decreasing vehicular emission, improving safety, reducing congestion, and
enhancing productivity. Such developments increase the demand for electric
vehicle charging systems, simultaneously boosting the electric vehicle charging
system market.
In Brazil, the electrified
models are primarily hybrids offered by Toyota, Volvo, Lexus, and Volkswagen.
Moreover, the number of electric vehicles in the country is growing in an
exponential way. The electric energy company EDP is installing 30 rapid
electric vehicle chargers along the state highways in São Paulo, adding to the
existing network of 34 charging points in the neighboring states. Additionally,
Audi announced its investment to establish electric vehicle charging stations
across the country in the next few years. Therefore, such developments in the
adoption of electric vehicles, coupled with significant investments by
prominent players, are driving the market on a positive growth trajectory.
ChargePoint is engaged in
developing and marketing networked electric vehicle charging system
infrastructure, along with cloud-based services. It permits the consumers to
locate, reserve, validate, and execute EV charging sessions. The company’s
network offers multiple web-based gateways for charging system owners, drivers,
and utilities. ChargePoint’s public and private stations are scattered across
countries in numerous regions, including Latin America.
1. LATIN
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. RISE
IN INVESTMENTS IN ELECTRIC VEHICLE INDUSTRY
2.1.2. RISING
ENVIRONMENTAL POLLUTION INCREASES GROWTH PROSPECTS FOR THE MARKET
2.1.3. MANY
COUNTRIES HAVE SET TARGETS TO PHASE-OUT INTERNAL COMBUSTION ENGINE VEHICLES
2.2. IMPACT
OF COVID-19 ON ELECTRIC VEHICLE CHARGING SYSTEM MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS MATRIX
2.5. INDUSTRY
COMPONENTS
2.6. VENDOR
SCORECARD
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.7.3. ACQUISITIONS
& MERGERS
2.7.4. NEW
PRODUCT LAUNCHES
2.8. MARKET
DRIVERS
2.8.1. GROWTH
IN ELECTRIC VEHICLE SALES
2.8.2. GOVERNMENTAL
INITIATIVES IN FAVOR OF THE MARKET
2.8.3. TECHNOLOGICAL
INNOVATIONS
2.9. MARKET
CHALLENGES
2.9.1. HIGH
SETUP COSTS
2.9.2. LACK
OF STANDARDIZATION
2.9.3. EXTENDED
CHARGING TIME AND COMPETITION FROM OTHER TECHNOLOGIES
2.10. MARKET
OPPORTUNITIES
2.10.1. ADVANCEMENTS
IN WIRELESS CHARGING TECHNOLOGY
2.10.2. GROWTH
IN VEHICLE-TO-GRID (V2G) TECHNOLOGIES
2.10.3. OPPORTUNITIES
FROM CHANGING MARKET DYNAMICS
3. LATIN
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET - BY PRODUCT TYPE
3.1. HOME
CHARGING SYSTEMS
3.2. COMMERCIAL
CHARGING SYSTEMS
4. LATIN
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET - BY MODE OF CHARGING
4.1. PLUG-IN
CHARGING SYSTEM
4.1.1. LEVEL
1
4.1.2. LEVEL
2
4.1.3. LEVEL
3
4.2. WIRELESS
CHARGING SYSTEM
5. LATIN
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET – REGIONAL OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
6. COMPETITIVE
LANDSCAPE
6.1. ABB
LTD
6.2. ALFEN
6.3. ALLEGO
6.4. BLINK
6.5. CHARGEPOINT
6.6. DELTA
ELECTRONICS INC
6.7. EATON
6.8. EFACEC
6.9. EVBOX
6.10. EVGO
6.11. SCHNEIDER
ELECTRIC
6.12. SEMACONNECT
6.13. SIEMENS
6.14. TESLA
6.15. WEBASTO
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)
TABLE 2: COUNTRY-WISE
PHASE-OUT PLANS FOR ICE VEHICLES
TABLE 3: MARKET ATTRACTIVENESS
MATRIX
TABLE 4: VENDOR SCORECARD
TABLE 5: LIST OF CONTRACTS
& PARTNERSHIPS
TABLE 6: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 7: LIST OF ACQUISITIONS
& MERGERS
TABLE 8: LIST OF NEW PRODUCT
LAUNCHES
TABLE 9: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, 2021-2028 (IN $
MILLION)
TABLE 10: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, 2021-2028 (IN $
MILLION)
TABLE 11: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2021-2028 (IN
$ MILLION)
TABLE 12: ADVANTAGES &
DISADVANTAGES OF WIRELESS CHARGING SYSTEM
TABLE 13: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $
MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: INDUSTRY PLAYER
POSITIONING IN 2020 (IN %)
FIGURE 4: LITHIUM-ION BATTERY
PRICE PER KWH (2010-2018)
FIGURE 5: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN
%)
FIGURE 6: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY HOME CHARGING SYSTEMS, 2021-2028
(IN $ MILLION)
FIGURE 7: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COMMERCIAL CHARGING SYSTEMS,
2021-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, 2020 & 2028 (IN
%)
FIGURE 9: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2021-2028
(IN $ MILLION)
FIGURE 10: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2020 &
2028 (IN %)
FIGURE 11: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 1, 2021-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 2, 2021-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 3, 2021-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY HARDWARE, 2021-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN
%)
FIGURE 16: BRAZIL ELECTRIC
VEHICLE CHARGING SYSTEM MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: MEXICO ELECTRIC
VEHICLE CHARGING SYSTEM MARKET 2021-2028 (IN $ MILLION)
FIGURE 18: REST OF LATIN
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET 2021-2028 (IN $ MILLION)