Electric Vehicle Supply Equipment Market By Reports And Data
                     Electric Vehicle Supply Equipment 
Market Size, Demand, Analysis, On-Going 
Trends, Status, Forecast 2026
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       Market  Summary
The rising concern for reducing carbon emission and 
implementing more advanced and fast charging 
stations are expected to spur the growth.
Electric Vehicle Supply Equipment Market
Size – USD 1.94 Billion in 2018, Market Growth - 
CAGR of 33.9%, Market Trends –Implementation of 
electric vehicle supply equipment to control 
environmental hazards
            M  a Orkuetr  S Aumpmparroyach
The Electric Vehicle Supply Equipment Market is expected to reach USD 19.99 Billion by 2026, according to a 
new report by Reports and Data. Electric Vehicle Supply Equipment is also known as an electric charging 
point or electric vehicle charging station. The chargers and the components that are built to create them are 
known as EVSE. They increase safety by facilitating two-way communication within the electric vehicle and 
the charging station. Electric buses and other large electric vehicles are growing in demand in this market, 
respectively. While electric buses are available commercially, larger heavy-duty vehicles are still under 
development.
Associated charging systems are mostly unique to their designated vehicle or their application. The EVSE’s 
main function is to supply electric energy to charge electric vehicles. These charging stations are situated in 
parking locations and are provided by electrical utility organizations or even in retail shopping malls by some 
private companies. These stations are provided with a variation of connectors, which suit every type of EV or 
Electric Vehicle.
Key participants include Bosch Automotive Service Solution Inc, Eaton, Liberty Plugins, Chargemaster 
PLC, ClipperCreek, NRG EVgo, ChargePoint, FullCharger, Elektromotive, Circontrol, Tesla Motors, ABB, 
Blink Charging, Schneider Electric, Siemens, General Electric, AeroVironment, IES Synergy, 
Chargemaster, DBT-CEV, Pod Point, BYD, Xuji Group, Potivio, Auto Electric Power Plant, Wanbang, and 
Qingdao Telaidia.
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       M   a r kOeut  Sru Ampmparyoach
Level  Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)
Level 1
Level 2
Level 3
End User Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)
Residential
Commercial
Train stations
Government buildings
Equipment Type Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)
Portable Charger
Fixed charger
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       M   a r kOeut  Sru Ampmparyoach
Further key findings from the report suggest
Based on the End User, the market is segmented into residential, commercial, train stations and government 
buildings.
The commercial end user segment is expected to witness the highest CAGR of 34.1% during the forecast period.
The commercial segment is expected to adopt EVs as many actions like implementing fast charging points have 
been offered by the manufacturers to improve the existing EVs and to make the EVSE more suitable for long-
distance travel.
The Governments of Germany, USA, and Russia have also provided subsidies to execute the same.
Growing technological advancement is assumed to drive the growth in the next few years.
The cost of installing charging infrastructure and performance of vehicles is also expected to drive the growth 
during the forecast period.
The equipment type can be segmented based into portable charger and fixed charger.
The portable charger segment is anticipated to be the fastest growing market and is anticipated to witness the 
highest CAGR of 33.9% during the forecast period.
Read More @  
https://www.reportsanddata.com/report-detail/electric-vehicle-supply-equipment-market
   A  b  oOuutr U Aspproach
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