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United States Electric Vehicle Charging Infrastructure (EVCI) Market: By Charger Type: Slow Chargers, Fast Chargers; By Connector: CHAdeMO, Combined Charging System (CCS), Others; By Application; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
United States Electric Vehicle Charging Infrastructure (EVCI) Market Outlook
The United States electric vehicle charging infrastructure (EVCI) industry attained a value of USD 2 billion in 2020. The industry is further expected to grow in the forecast period of 2022-2027 at a CAGR of around 40% to reach USD 15 billion by 2026.
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The rising sales of EVs are expected to lead the regional market in the coming years due to government initiatives and funding for tax credits and profitable subventions.
Market Segmentation
Based on the charger type, the industry can be divided into slow chargers and fast chargers.
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Based on connectors, the industry can be divided into:
- CHAdeMO
- Combined Charging System (CCS)
- Others
The industry can be broadly categorised based on its applications into:
- Commercial
- Residential
The EMR report looks into the regional markets of electric vehicle charging infrastructure (EVCI) in the United States like New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
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Market Analysis
The rising demand can be attributed to government policies and expenditure in improving the electric vehicle (EV) system, including charging stations in car parks and charging stations. In order to support the market development over the forecast period, important public and private initiatives to promote the use of EVs are also anticipated. Furthermore, government bodies like municipalities and the federal government are investing with the aid of private entities in the construction of EV charging stations.
The emergence and concentration of major automobile and electrical equipment industries in the United States also offer a high market potential. The United States is expected to accelerate factors, like strict government restrictions on carbon emissions and pollution levels and the increasing popularity and adoption of EVs that involve the deployment of supporting infrastructure. However, high infrastructure costs and initial installations may hinder the market growth. The costs of research and development activities are extremely significant as they require a committed workforce, which might hinder the industry growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the United States electric vehicle charging infrastructure (EVCI) industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- ChargePoint, Inc.
- AeroVironment Inc. (NASDAQ: AVAV)
- General Electric Company
- Leviton Manufacturing Co., Inc.
- SemaConnect, Inc.
- Tesla, Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Charger Type, Connector, Application, Region |
| Breakup by Charger Type | Slow Chargers, Fast Chargers |
| Breakup by Connector | CHAdeMO, Combined Charging System (CCS), Others |
| Breakup by Application | Commercial, Residential |
| Breakup by Region | New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, Far West |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | ChargePoint, Inc., AeroVironment Inc., General Electric Company (NYSE: GE), Leviton Manufacturing Co., Inc., SemaConnect, Inc., Tesla, Inc. (NASDAQ: TSLA), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 United States
7 Industry Opportunities and Challenges
8 United States Electric Vehicle Charging Infrastructure (EVCI) Market Analysis
8.1 Key Industry Highlights
8.2 United States Electric Vehicle Charging Infrastructure (EVCI) Historical Market (2017-2021)
8.3 United States Electric Vehicle Charging Infrastructure (EVCI) Market Forecast (2022-2027)
8.4 United States Electric Vehicle Charging Infrastructure (EVCI) Market by Charger Type
8.4.1 Slow Chargers
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Fast Chargers
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 United States Electric Vehicle Charging Infrastructure (EVCI) Market by Connector
8.5.1 CHAdeMO
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Combined Charging System (CCS)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 United States Electric Vehicle Charging Infrastructure (EVCI) Market by Application
8.6.1 Commercial
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 United States Electric Vehicle Charging Infrastructure (EVCI) Market by Region
8.7.1 Market Share
8.7.1.1 New England
8.7.1.2 Mideast
8.7.1.3 Great Lakes
8.7.1.4 Plains
8.7.1.5 Southeast
8.7.1.6 Southwest
8.7.1.7 Rocky Mountain
8.7.1.8 Far West
9 Regional Analysis
9.1 New England
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.2 Mideast
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.3 Great Lakes
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.4 Plains
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.5 Southeast
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.6 Southwest
9.6.1 Historical Trend (2017-2021)
9.6.2 Forecast Trend (2022-2027)
9.7 Rocky Mountain
9.7.1 Historical Trend (2017-2021)
9.7.2 Forecast Trend (2022-2027)
9.8 Far West
9.8.1 Historical Trend (2017-2021)
9.8.2 Forecast Trend (2022-2027)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 ChargePoint, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 AeroVironment Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 General Electric Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Leviton Manufacturing Co., Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 SemaConnect, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Tesla, Inc.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. United States Electric Vehicle Charging Infrastructure (EVCI) Market: Key Industry Highlights, 2017 and 2027
2. United States Electric Vehicle Charging Infrastructure (EVCI) Historical Market: Breakup by Charger Type (USD Billion), 2017-2021
3. United States Electric Vehicle Charging Infrastructure (EVCI) Market Forecast: Breakup by Charger Type (USD Billion), 2022-2027
4. United States Electric Vehicle Charging Infrastructure (EVCI) Historical Market: Breakup by Connector (USD Billion), 2017-2021
5. United States Electric Vehicle Charging Infrastructure (EVCI) Market Forecast: Breakup by Connector (USD Billion), 2022-2027
6. United States Electric Vehicle Charging Infrastructure (EVCI) Historical Market: Breakup by Application (USD Billion), 2017-2021
7. United States Electric Vehicle Charging Infrastructure (EVCI) Market Forecast: Breakup by Application (USD Billion), 2022-2027
8. United States Electric Vehicle Charging Infrastructure (EVCI) Historical Market: Breakup by Region (USD Billion), 2017-2021
9. United States Electric Vehicle Charging Infrastructure (EVCI) Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. United States Electric Vehicle Charging Infrastructure (EVCI) Market Structure
Key Questions Answered in the Report
In 2020, the United States electric vehicle charging infrastructure (EVCI) market attained a value of nearly USD 2 billion.
The market is projected to grow at a CAGR of 40% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 15 billion by 2026.
The major drivers of the industry, such as the rising introduction of favourable government initiatives, rising funding for tax credits and profitable subventions, increasing popularity, and rising adoption of EVs, are expected to aid the market growth.
The key market trend guiding the growth of the industry include the introduction of strict government restrictions on carbon emissions and pollution levels.
The major regions in the industry are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The major charger types of the product in the industry are slow and fast chargers.
The significant connector segments in the market are CHAdeMO and Combined Charging System (CCS), among others.
The leading applications of the product in the industry are commercial and residential.
The major players in the industry are ChargePoint, Inc., General Electric Company, Leviton Manufacturing Co., Inc., SemaConnect, Inc., and Tesla, Inc., among others.
Analyst Review
The United States electric vehicle charging infrastructure (EVCI) market attained a value of USD 2 billion in 2020, driven by the introduction of favourable government policies. Aided by the rising expenditure in improving the electric vehicle (EV) system, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 40%. The market is projected to reach USD 15 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on charger type, the market is bifurcated into slow and fast chargers. On the basis of connector, the industry is divided into CHAdeMO, combined charging system (CCS), and others. By application, the industry is segmented into commercial and residential. The major regional markets for electric vehicle charging infrastructure (EVCI) in the United States are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The key players in the above market include ChargePoint, Inc., General Electric Company, Leviton Manufacturing Co., Inc., SemaConnect, Inc., and Tesla, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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