Electric Vehicle Charger Market
                     Electric Vehicle Charger Market study with major key players analysis 
Market Overview 
Scarcity of conventional fossil fuels is leading to increasing demand for developing alternative solutions. 
Car manufacturers, therefore, are focusing on developing alternatives to fuel cars such as electric 
vehicles, which are environmental friendly as well. Electric vehicles offer great potential to drastically 
reduce air pollution, greenhouse gas, and other hazardous gas emissions. With cost of electric vehicles 
falling consistently, the transition is being perceived to be more likely in the near future. Furthermore, 
increasing availability of electricity and growing availability of low-carbon, renewable energy sources is 
expected to aid in increasing adoption of electrical vehicles. However, insufficient electric vehicle 
charging infrastructure and associated policy are factors expected to adversely affect the market 
growth. Growing trend of electrical vehicles is expected to aid in growth of electric vehicle chargers 
market during the forecast period of 2018-2025. 
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Market Dynamics 
Charging infrastructure in Europe have been constructed by private charge point providers, power 
companies, automakers, and government organizations, primarily at the national and city levels. 
Countries within the European Union have launched funding schemes or public-private partnerships to 
increase charging infrastructure. Some countries, such as Norway and the Netherlands, have provided 
incentives for charging infrastructure for several years; whereas in countries such as Germany, have 
recently launched major new charging infrastructure programs, aiding in growth of the market in the 
region. 
In North America, the U.S. electric vehicle charger market is expected to exhibit high growth  owing to 
federal and state consumer incentives and investment, zero-emission vehicle regulatory policy, and 
multiple state and local city promotion activities. As per U.S. Department of Energy (DOE), California zero-
emission vehicle policy, adopted by states representing nearly one-third of the U.S. vehicle market, is 
expected to increase electric vehicles in the region from over 600,000 in early 2017 to several million by 
2025. Initial investment in charging infrastructure in the U.S. was provided by the American Recovery and 
Reinvestment Act of 2009, which provided federal funding through the EV Project and the U.S. 
Department of Transportation Investment Generating Economic Recovery program, among many 
infrastructure projects in the U.S. from 2010 to 2013. By the end of 2014, there were about 18,000 public 
Level 2 and DC fast electric charge points in the U.S. (U.S. DOE, 2017a) 
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Major players operating in the EVC market are ABB Ltd., Robert Bosch GmbH, Siemens AG, Delphi 
Automotive, Chroma ATE, Aerovironment Inc., Silicon Laboratories, Chargemaster PLC, Schaffner 
Holdings AG, and POD Point. 
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