Market by Product Type, Mode of Charging, and Country | Forecast 2021-2028
Triton’s
research report has established that the North American electric vehicle
charging system market is expected to expand at a CAGR of 45.63% during the
considered period 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The
countries reviewed in this market are:
• United States
• Canada
The
studied market has evolved considerably in North America, owing to the presence
of prominent manufacturing. Besides, the incentive programs by the governments
have increased the demand for electric vehicle charging systems in the United
States and Canada. Due to the intense competition among electric vehicle and
electric vehicle charger players, federal bodies have taken efforts to enhance
vehicle electrification and increase manufacturing activities in the region’s
nations. Hence, these key factors are augmenting the progression of the
electric vehicle charging system market in North America.
Special Purpose Acquisition Company (SPAC) in United States are increasingly investing in the electric vehicle industry. A SPAC refers to a blank check company that raises funds from public investors, usually via traditional IPO. Since electric vehicle companies require money quickly to beat the competition, raising capital via a SPAC rather than via traditional venture capital financing supports better terms in the market. For instance, in March 2021, ChargePoint, an electric vehicle charging network company, got its shares to list on the New York Stock Exchange after completing its business combination with Switchback Energy Acquisition Corporation, a publicly-traded SPAC. Hence, this is another vital factor amplifying the growth of the electric vehicle charging system market around the US.
Blink
is among the largest operators and providers of electric vehicle charging
services. It provides residential and commercial electric vehicle charging
equipment, which easily permits drivers to charge their cars at any location.
The company’s wide product portfolio includes Blink DCFC 75kW fast charger,
which offers a precise balance of power and size, and is compressed enough to
fit well in most parking layouts. It provides excellent reliability and energy
with a less lifetime management cost. With operations at multiple locations,
Blink is headquartered in Florida, the United States.
1. NORTH
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. LIST
OF INCENTIVES BY VARIOUS COUNTRIES FOR THE INDUSTRY
2.6. INDUSTRY
COMPONENTS
2.7. VENDOR
SCORECARD
2.8. KEY
MARKET STRATEGIES
2.8.1. CONTRACTS
& PARTNERSHIPS
2.8.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.8.3. ACQUISITIONS
& MERGERS
2.8.4. NEW
PRODUCT LAUNCHES
2.9. MARKET
DRIVERS
2.9.1. GROWTH
IN ELECTRIC VEHICLE SALES
2.9.2. GOVERNMENTAL
INITIATIVES IN FAVOR OF THE MARKET
2.9.3. TECHNOLOGICAL
INNOVATIONS
2.10. MARKET
CHALLENGES
2.10.1. HIGH
SETUP COSTS
2.10.2. LACK
OF STANDARDIZATION
2.10.3. EXTENDED
CHARGING TIME AND COMPETITION FROM OTHER TECHNOLOGIES
2.11. MARKET
OPPORTUNITIES
2.11.1. ADVANCEMENTS
IN WIRELESS CHARGING TECHNOLOGY
2.11.2. GROWTH
IN VEHICLE-TO-GRID (V2G) TECHNOLOGIES
2.11.3. OPPORTUNITIES
FROM CHANGING MARKET DYNAMICS
3. NORTH
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET - BY PRODUCT TYPE
3.1. HOME
CHARGING SYSTEMS
3.2. COMMERCIAL
CHARGING SYSTEMS
4. NORTH
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. NORTH
AMERICA ELECTRIC VEHICLE CHARGING SYSTEM MARKET – REGIONAL OUTLOOK
5.1. UNITED
STATES
5.2. CANADA
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: NORTH 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: INCENTIVES FOR NORTH
AMERICA
TABLE 5: VENDOR SCORECARD
TABLE 6: LIST OF CONTRACTS
& PARTNERSHIPS
TABLE 7: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 8: LIST OF ACQUISITIONS
& MERGERS
TABLE 9: LIST OF NEW PRODUCT
LAUNCHES
TABLE 10: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, 2021-2028 (IN $
MILLION)
TABLE 11: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, 2021-2028 (IN $
MILLION)
TABLE 12: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2021-2028
(IN $ MILLION)
TABLE 13: ADVANTAGES &
DISADVANTAGES OF WIRELESS CHARGING SYSTEM
TABLE 14: NORTH 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: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN
%)
FIGURE 6: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY HOME CHARGING SYSTEMS, 2021-2028
(IN $ MILLION)
FIGURE 7: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY COMMERCIAL CHARGING SYSTEMS,
2021-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY MODE OF CHARGING, 2020 & 2028 (IN
%)
FIGURE 9: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2021-2028
(IN $ MILLION)
FIGURE 10: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY PLUG-IN CHARGING SYSTEM, 2020 &
2028 (IN %)
FIGURE 11: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 1, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 2, 2021-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY LEVEL 3, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, BY HARDWARE, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA
ELECTRIC VEHICLE CHARGING SYSTEM MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN
%)
FIGURE 16: UNITED STATES
ELECTRIC VEHICLE CHARGING SYSTEM MARKET 2021-2028 (IN $ MILLION)
FIGURE 17: CANADA ELECTRIC
VEHICLE CHARGING SYSTEM MARKET 2021-2028 (IN $ MILLION)