Key Insights on Global Electric Car Battery Charger Market
World’s Fastest Electric Car Battery Charger Innovation to Power up Electric Car Battery Charger Market
The challenges that come along the entire process of setting an appropriate charging infrastructure, will persist in tandem with the accelerated transition of automakers to vehicle electrification.
According to industry experts, to address the ever-prevailing challenge of the imbalance between electric cars and electric car battery chargers, manufacturers of both electric cars and electric car battery chargers ought to extend mutual efforts in the development of turnkey electric car battery charger solutions in the near future.
Although several fast-charging battery innovations (latest by Toshiba) have been supporting the growth of electric car battery space, FMR indicates that the much-needed innovation in the specific area of electric car battery charger will possibly push the electric car battery charger market scenario in the near future.
ABB, the Swiss firm, recently announced to have created the fastest ever electric car battery charger that has been claimed to perform superiorly to Tesla’s Supercharger.
ABB’s fastest electric car battery charger supposedly performs 3X quicker than the Supercharger – powering up an electric car battery within roughly eight minutes – adding over 100 miles to the existing electric car range.
As this electric car battery charger is being claimed to be ideal for petrol stations and highway-based electric car battery charger stations, FMR anticipates this innovation to shape the demand for electric car battery chargers through 2022.
Europe to Maintain an Attractive Position in Electric Car Battery Charger Market
Nearly a year after China reached the milestone in terms of electric car sales, Europe has recently registered drastic growth in its electric car parc– exceeding 1 million, as the total electric car sales in Europe surge by over 40%.
The US, as an electric car battery charger market, will however possibly reach this landmark by the second half of 2018, looking at the scenario that originated post introduction of Tesla’s new EV model.
The European electric car battery charger market is foreseen to spearhead globally throughout the assessment period, especially in terms of float-type electric car battery charger sales.
Moreover, this region is likely to push the sales of smart electric car battery chargers through 2022.
As indicated by FMR’s study on the electric car battery charger market, the automatic electric car battery charger is also slated to demonstrate promising performance in Europe’s electric car battery charger market that currently holds more than one-third value share in total sales revenue of the automatic electric car battery charger market.
About the Report: Global Electric Car Battery Charger Market
A new research intelligence outlook that has been recently added to the Fact.MR repository offers a holistic view of the global market for electric car battery charger.
FMR’s report on the electric car battery charger market examines the global market fir electric car battery charger over the five-year projection period 2017-2022, and entails an all-inclusive, insightful information on the current as well as futuristic growth prospects of the electric car battery charger market during the said tenure.
Fact.MR’s analysis of the global electric car battery charger market indicates that the float type electric car battery charger will continue to spearhead in terms of demand from electric car owners in the market, whereas automatic electric car battery charger will maintain their lead over manual electric car battery charger over the forecast period.
On the other side, the portable electric car battery charger is also expected to witness continued traction attributed to its high capacity and high accessibility.
A moderate CAGR is expected to enable the global electric car battery charger market revenue to expand, reaching beyond US$ 1.2 Bn by 2022 end.
Know More Details About the Report
Market Definition: Electric Car Battery Charger
Electric car battery charger is a device that is used for providing the electric supply to electric-powered cars, through a rechargeable battery.
A crucial component in the emergency kits of electric cars, an electric car battery charger can be available in diverse capacities and forms to cater to multiple demands of car drivers.
Competition Tracking: Global Electric Car Battery Charger Market
As key developments in electric vehicles and electric vehicle battery markets continue to influence the scope for the electric car battery charger market to a great extent, the growing inclination of manufacturers towards sustainability will also remain imperative for the manufacturers of electric car battery charger manufacturers.
Electric car battery charger manufacturers have been striving to address longstanding concerns regarding compatibility, efficiency, and costs – with each innovation.
Electric vehicle manufacturers first extended a concerted effort to introduce a universal EV charging port that took hours to recharge electric car batteries.
While manufacturers of both, electric cars and electric car batteries have recognized that the future of the electric car market exists in faster-charging capabilities, strong efforts towards the innovation of faster recharging electric car battery chargers are in the pipeline.
Japan registered to be the first introducer of DC Fast Charging, and this innovation involved two of the automotive giants – Mitsubishi and Nissan.
Fact.MR uncovers the developmental strategies of a range of competitors in the global electric car battery charger market landscape, some of which include
- Delphi Automotive PLC
- Schneider Electric S.E.
- General Electric Company
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Emphasizing assessment of all the key facets of the electric car battery charger market, Fact.MR’s recently released report on the global electric car battery charger market analyzes a slew of impactful factors responsible for shaping the overall scenario of the electric car battery charger market.
The report aims to help participants and key stakeholders in the competitive landscape and value chain of the global market for electric car battery charger comprehend the minutes of the electric car battery charger space and leverage the key trends and opportunities for firming up within the global landscape of electric car battery charger market.
Chapter 1: Executive Summary of Electric Car Battery Charger Market
The executive summary at the beginning of the report on global electric car battery charger encompasses a broad overview of the electric car battery charger market. This overview sets the tone for the complete report on the global market for electric car battery charger for readers.
Chapter 2: Introduction to Electric Car Battery Charger Market
The market introduction offers a sneak peek into the fundamental definition of the electric car battery charger market, followed by market sizing (US$ Mn) and forecast for the five-year projection period 2017-2022. This section of the report helps readers understand the market growth in detail – with Y-o-Y growth projection analysis throughout the forecast period.
The report then focuses on the examination of the key dynamics regulating the overall scenario of global electric car battery charger market, including key growth drivers, most impactful restraints, and recent trends influencing market growth.
The following part of the report offers precise insights on pricing analysis and cost structure, and strategy and analysis of raw material sourcing. It also provides the competitive assessment and technology trends that are expected to govern the electric car battery market growth in the near future.
Chapters 3-7: Electric Car Battery Charger Market Segmentation by Charger Type, Charging Type, Application, Battery Capacity, and Region
The chapters 3 to 7 represent the exhaustive assessment of key taxonomy of the global market for electric car battery charger. FMR has segmented the electric car battery charger market based on the charging type, charger type, battery capacity, application, and region.
For each segment of the market, the report provides region-wise comparison of the revenue and market share. The regional analysis of electric car battery charger market discusses the performance of the market in North America, Latin America, Europe, Japan, Asia Pacific (excluding Japan), and Middle East and Africa (MEA).
Chapter 8-13: Deep-dive Regional Assessment of Electric Car Battery Charger Market
The chapters 8 to 13, i.e. the next portion of the global electric car battery charger market report offers country-wise breakdown of all the key regional markets. All the markets have been assessed on the basis of the four key segments, viz. charger type, charging type, application, and battery capacity.
Chapter 14: Competitive Landscape Analysis of Electric Car Battery Charger Market
An extensive assessment of the competitive landscape of the global electric car battery charger market uncovers the strategic details of 13 recognized companies operating in the global electric car battery charger space.
Each company has been profiled in detail, followed by the financial and strategic developments that have been recently contributed to growth, and SWOT analysis.
Chapter 15: Research Methodology Adopted in Preparing Electric Car Battery Charger Market
For accurate electric car battery charger market sizing computation, FMR has conducted comprehensive secondary research that delivered precise data points, backed by equally extensive primary research.
This chapter of the report offers a quick graphical representation of the entire process followed during the research on the global market for the electric car battery chargers.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
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