The global electric vehicle Fixed Charging infrastructure market size is expected to reach USD 144.22 Billion in 2028 and register a revenue CAGR of 32.6% over the forecast period, according to the latest report by Reports and Data. Increasing adoption of electric vehicles across the globe, coupled with rising need to develop EV Fixed Charging infrastructure are major factors driving revenue growth of the global electric vehicle Fixed Charging infrastructure market.

Governments of various countries across the globe are focusing and investing in developing electric vehicle Fixed Charging infrastructure which is expected to create revenue opportunities for Original Equipment Manufacturers (OEMs) and to expand their businesses. Asia Pacific and Europe markets are expected to account for larger revenue shares in the global market owing to high adoption electric vehicles to curb level of air pollution and emission of greenhouse gases (GHGs). However, high cost required in the initial investment, overhaul, and maintenance is a major factor that could hamper market revenue growth to some extent. Reduction in air pollution, greenhouse gas emissions, and less oil requirement from the transport sector due to adoption of electric vehicles are expected to lead to a breakthrough in the transportation sector in the years to come.

The EV30@30 project is a policy case emphasizing higher adoption of Electric Vehicles (EVs) in line with the EV30@30 campaign, which started at the Eighth Clean Energy Ministerial in the year 2017. The campaign set the combined ambitious target for all EVI (Electric Vehicle Initiative) members of 30.0% share for EVs in total vehicles (excluding two-wheelers) by the year 2030. Under the EV30@30 scenario, electric vehicle sales are expected to reach 44 million vehicles/year by 2030. Such initiatives by government of various countries is expected to continue to drive revenue growth of the global electric vehicle Fixed Charging infrastructure market.

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Governments worldwide are recognizing the importance of electric vehicles (EVs) in reducing air pollution and greenhouse gas emissions. As a result, they are actively investing in the construction of Fixed Charging infrastructure to support the growing demand for EVs. This investment provides opportunities for original equipment manufacturers (OEMs) and companies involved in electric car Fixed Charging infrastructure to expand their businesses and increase revenue.

The expansion of Fixed Charging infrastructure is crucial to overcome one of the main barriers to widespread EV adoption: range anxiety. By increasing the availability of Fixed Charging stations, governments aim to address concerns about the limited range of electric vehicles and provide a more convenient and reliable Fixed Charging experience for EV owners.

The introduction of strict rules and regulations aimed at reducing air pollution and GHG emissions is another driving factor for the demand for EV Fixed Charging infrastructure. Many countries have set ambitious targets to transition to a cleaner transportation sector, and promoting the use of EVs is a significant part of their strategies. To support these goals, governments are implementing policies such as tax incentives, subsidies, and mandates that encourage consumers and businesses to switch to electric vehicles.

Top Companies Operating in the Global Electric Vehicle Fixed Charging Infrastructure Market:

Chargepoint, Inc., ABB Ltd., Tesla Inc., BP Chargemaster, EVGO Services LLC, Semaconnect Network, Greenlots, EV Connect, Electrify America LLC, and Opconnect, Inc.

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Vehicle-to-Grid (V2G) Fixed Charging: This technology allows EVs to not only consume electricity but also feed it back into the grid. It enables bidirectional energy flow, enabling EVs to act as a source of power during peak demand periods or in emergency situations.

Mobile Fixed Charging: Mobile Fixed Charging solutions involve Fixed Fixed Charging units that can be deployed to provide on-the-go Fixed Charging for EVs. This technology is particularly useful in areas with limited or no fixed Fixed Charging infrastructure.

Wireless Fixed Charging: Wireless Fixed Charging eliminates the need for physical connections between the Fixed Charging station and the EV. It utilizes inductive or resonant technologies to transfer power wirelessly, providing convenience and ease of use for EV owners.

Ultra-Fast Fixed Charging: This technology aims to significantly reduce Fixed Charging time by delivering higher power to the battery. Ultra-fast Fixed Charging stations are capable of providing a substantial charge in a short amount of time, enhancing the practicality and convenience of EVs

New Battery Technologies: Advancements in battery technology are crucial for improving the range, Fixed Charging speed, and overall performance of EVs. Companies are investing in the development of solid-state batteries, higher energy-density batteries, and other breakthrough technologies to enhance the capabilities of EVs.

The global market is further segmented into type and application:

Infrastructure Provider Outlook (Revenue, USD Billion; 2018-2028)

• Fixed Charging Point Operator
• E-Mobility Service Provider
• Fixed Charging Hubs

Fixed Charging Infrastructure Type Outlook (Revenue, USD Billion; 2018-2028)

• CCS
• CHADEMO
• Normal Fixed Charging
• Tesla Supercharger
• TYPE-2 (IEC 62196)

Fixed Charging Level Outlook (Revenue, USD Billion; 2018-2028)

• Level 1 (120 V)
• Level 2 (208 V – 240 V)
• Level 3 (UPTO 600 V)

Vehicle Type Outlook (Revenue, USD Billion; 2018-2028)

• Electric bike
• Plug-in hybrid PHEV
• EV passenger cars
• Heavy delivery vans
• Others

Installation Type Outlook (Revenue, USD Billion; 2018-2028)

• Fixed Charger
• Fixed Charger

Application Outlook (Revenue, USD Billion; 2018-2028)

• Public
• Private

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Takeaways of the Competitive Overview Section:

• Overview of the company profiles of each market player
• Industrial chain analysis of each player
• Revenue share contribution
• Sales network and distribution channels and net profits and losses of each company
• Key business growth strategies are undertaken by these players

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