Toll Free: 1-888-928-9744
Toll Free: 1-888-928-9744
Published: Jul, 2019 | Pages:
74 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)
The U.S. electric vehicle charging infrastructure (EVCI) market size is expected to reach at USD 11.35 billion by 2025 registering a CAGR of 39.3%, according to a new report by Grand View Research, Inc. Government policies and initiatives encouraging the adoption of Electric Vehicles (EVs) are driving the market. Moreover, the insurers are insuring EVs at discounted rates and utilities are charging lower tariffs for the electricity consumed by the electric vehicle charging infrastructure. These factors are also likely to contribute to the market growth. In some states, such as New York, Georgia, and Ohio, subsidies are being offered to reduce the upfront purchase costs of EVs while cheaper credit is being offered to manufacturers as well as buyers. The Federal Internal Revenues Service (IRS) is offering a tax credit of up to USD 7,500 on the purchase of new EVs. These subsidies and promotion of EVs have remarkably boosted the need for EV charging stations in the country, thereby augmenting market growth. Reducing prices of battery and the provision of incentives and subsidies have propelled the demand for EVs, thereby directly influencing the growth of the EVCI market. For instance, TESLA has signed several contracts and agreements with the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) that relieves the sales tax on buying manufacturing equipment used for particular purposes for ongoing developments of Model 3, Model X, and Model S. As a part of the global EVCI expansion strategy, various EV charger manufacturers are adopting a collaborative model under which they are partnering with EV manufacturers and other businesses, such as hotels & retail chains and utility service providers, to deploy EV charging stations. Major EVCI manufacturers are working on integrating ultra-fast charging, autonomous park and charge, and wireless charging technologies to enhance the operational functionality of EVs, increase consumer convenience, and minimize the charging time. Further key findings from the study suggest: • Technological advancements in battery technology are driving the U.S. electric vehicle charging infrastructure market growth • Consumer preference for using EVs for long-distance travel and increasing deployment of EVCIs by corporates are anticipated to drive the demand for fast chargers over the forecast period • Easy integration with smart grid infrastructure and bi-directional charging capability is anticipated to drive the growth of CHAdeMO segment over the forecast period • New York is emerging as a dominant state, in terms of EV usage, which is expected to drive the EVCI market in U.S. • Key companies are emphasizing on developing a solar charging feature for charging stations. This would enable the charging network operators to reduce their dependence on grid electricity
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 U.S. Electric Vehicle Charging Infrastructure (EVCI) Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 U.S. Electric Vehicle Charging Infrastructure (EVCI) Market, 2014 - 2025
2.2.1 U.S. electric vehicle charging infrastructure market, by charger type, 2014 - 2025
2.2.2 U.S. electric vehicle charging infrastructure market, by connector, 2014 - 2025
2.2.3 U.S. electric vehicle charging infrastructure market, by application, 2014 - 2025
Chapter 3 U.S. Electric Vehicle Charging Infrastructure (EVCI) Industry Outlook
3.1 Market Segmentation & Scope
3.2 Market Size and Growth Prospects
3.3 U.S. Electric Vehicle Charging Infrastructure (EVCI) - Value Chain Analysis
3.4 U.S. Electric Vehicle Charging Infrastructure (EVCI) Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Growing concerns over carbon emissions
3.4.1.2 Advances in battery technology and growing emphasis on autonomous vehicles
3.4.1.3 Government regulations and tax exemptions further promote the adoption of EVs
3.4.2 Market challenge analysis
3.4.2.1 High costs of setting-up EV infrastructure
3.4.2.2 Need for dedicated charging space and fluctuating power tariffs
3.4.3 Market opportunity analysis
3.4.3.1 Declining lithium-ion battery costs
3.5 Penetration and Growth Prospect Mapping
3.6 U.S. Electric Vehicle Charging Infrastructure (EVCI) Market - Company Ranking, 2018
3.7 U.S. Electric Vehicle Charging Infrastructure (EVCI) - Porter's Five Forces Analysis
3.8 U.S. Electric Vehicle Charging Infrastructure (EVCI) - PESTEL Analysis
3.9 U.S. Electric Vehicle Charging Infrastructure (EVCI) - Trend Analysis
3.10 U.S. Electric Vehicle Charging Infrastructure (EVCI) - Pricing analysis
3.11 U.S. Electric Vehicle Charging Station Analysis
3.12 U.S. Electric Vehicle Charging Infrastructure - Evolving Role of Utility Companies
Chapter 4 U.S. Electric Vehicle Charging Infrastructure Charger Type Outlook
4.1 U.S. Electric Vehicle Charging Infrastructure Market Share, by Charger Type, 2018 & 2025
4.2 Slow Chargers
4.2.1 Market, by slow chargers, 2014 - 2025 (USD Million, Units)
4.3 Fast Chargers
4.3.1 Market, by fast chargers 2014 - 2025 (USD Million, Units)
Chapter 5 U.S. Electric Vehicle Charging Infrastructure (EVCI) Connector Outlook
5.1 U.S. Electric Vehicle Charging Infrastructure Market Share, by Connector, 2018 & 2025
5.2 CHAdeMO
5.2.1 Market, by CHAdeMO, 2014 - 2025 (USD Million, Units)
5.3 Combined Charging System (CCS)
5.3.1 Market, by CCS, 2014 - 2025 (USD Million, Units)
5.4 Others
5.4.1 Market, by other connectors, 2014 - 2025 (USD Million, Units)
Chapter 6 U.S. Electric Vehicle Charging Infrastructure (EVCI) Application Outlook
6.1 U.S. Electric Vehicle Charging Infrastructure Market Share, by Application, 2018 & 2025
6.2 Commercial
6.2.1 Market in commercial application, 2014 - 2025 (USD Million, Units)
6.3 Residential
6.3.1 Market in residential application, 2014 - 2025 (USD Million, Units)
Chapter 7 Competitive Landscape
7.1 ChargePoint, Inc.
7.1.1 Company overview
7.1.2 Product benchmarking
7.1.3 Strategic initiatives
7.2 AeroVironment Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 General Electric Company
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 Leviton Manufacturing Co., Inc.
7.4.1 Company overview
7.4.1 Financial performance
7.4.2 Product benchmarking
7.4.3 Strategic initiatives
7.5 SemaConnect, Inc.
7.5.1 Company overview
7.5.1 Financial performance
7.5.2 Product benchmarking
7.5.3 Strategic initiatives
7.6 Tesla, Inc.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 ClipperCreek, Inc.
7.7.1 Company overview
7.7.1 Financial performance
7.7.2 Product benchmarking
7.7.3 Strategic initiatives
List of Tables TABLE 1 U.S. electric vehicle charging infrastructure market - Industry snapshot & key buying criteria, 2014 - 2025 TABLE 2 U.S. electric vehicle charging infrastructure market, 2014 - 2025 (USD Million, Units) TABLE 3 U.S. electric vehicle charging infrastructure market, by charger type, 2014 - 2025 (USD Million) TABLE 4 U.S. electric vehicle charging infrastructure market, by charger type, 2014 - 2025 (Units) TABLE 5 U.S. electric vehicle charging infrastructure market, by connector, 2014 - 2025 (USD Million) TABLE 6 U.S. electric vehicle charging infrastructure market, by connector, 2014 - 2025 (Units) TABLE 7 U.S. electric vehicle charging infrastructure market, by application, 2014 - 2025 (USD Million) TABLE 8 U.S. electric vehicle charging infrastructure market, by application, 2014 - 2025 (Units) TABLE 9 U.S. electric vehicle charging infrastructure - Key market driver impact TABLE 10 U.S. electric vehicle charging infrastructure - Key market challenge impact TABLE 11 U.S. electric vehicle charging infrastructure - Key market opportunity impact TABLE 12 Level 2 networked charging pricing analysis by companies TABLE 13 Level 1 non-networked charging stations by companies TABLE 14 Estimated total cost of New York State, U.S. TABLE 15 U.S. electric vehicle charging stations, 2018 TABLE 16 U.S. electric vehicle charging infrastructure market, by slow chargers, 2014 - 2025 (USD Million, Units) TABLE 17 U.S. electric vehicle charging infrastructure market, by fast chargers 2014 - 2025 (USD Million, Units) TABLE 18 U.S. electric vehicle charging infrastructure market, by CHAdeMO, 2014 - 2025 (USD Million, Units) TABLE 19 U.S. electric vehicle charging infrastructure market, by CCS, 2014 - 2025 (USD Million, Units) TABLE 20 U.S. electric vehicle charging infrastructure market, by other connectors, 2014 - 2025 (USD Million, Units) TABLE 21 U.S. electric vehicle charging infrastructure market in commercial application, 2014 - 2025 (USD Million, Units) TABLE 22 U.S. electric vehicle charging infrastructure market in residential application, 2014 - 2025 (USD Million, Units)
List of Figures FIG. 1 Market segmentation & scope FIG. 2 U.S. electric vehicle charging infrastructure market, 2014 - 2025 (USD Million) FIG. 3 U.S. electric vehicle charging infrastructure market - Value chain analysis FIG. 4 U.S. electric vehicle charging infrastructure - Market dynamics FIG. 5 Atmospheric Carbon dioxide (CO2) concentration (ppm) FIG. 6 Annual Carbon dioxide (CO2) emissions by country (Gigatonnes) FIG. 7 Annual plug-in vehicle sales in the U.S. (Units) FIG. 8 Lithium-ion battery pricing trend (2010 - 2016) FIG. 9 Key opportunities prioritized FIG. 10 Key company analysis, 2018 FIG. 11 U.S. electric vehicle charging infrastructure - Porter's five forces analysis FIG. 12 U.S. electric vehicle charging infrastructure - PESTEL analysis FIG. 13 U.S. electric vehicle charging infrastructure - Trend analysis FIG. 14 Estimated installation costs for EV charging sites for 4 stations per site (USD) FIG. 15 Estimated installation costs for EV charging sites for 8 stations per site (USD) FIG. 16 Public EV charging stations by type FIG. 17 U.S. electric vehicle charging infrastructure - Evolving role of utility companies FIG. 18 U.S. electric vehicle charging infrastructure market, by charger type, 2018 FIG. 19 U.S. electric vehicle charging infrastructure market, by connector, 2018 FIG. 20 U.S. electric vehicle charging infrastructure market, by application, 2018
Speak to the report author to design an exclusive study to serve your research needs.
Your personal and confidential information is safe and secure.
