A Comprehensive Overview of Europe Electric Vehicle Chargers

 Electric vehicle chargers supply electrical energy to recharge electric vehicles, such as battery electric vehicles, plug-in hybrid electric vehicles, and hybrid electric vehicles. Government regulations related to the use of electric vehicles to curb environmental pollution drives the demand for electric vehicles. The report features a competitive scenario of the Europe electric vehicle chargers market analysis and provides a comprehensive analysis of key growth strategies adopted by major players. The key players profiled in the study are ABB Ltd, Chargemaster Plc, Chroma Ate Inc., Innogy SE, KEBA AG, Mennekes Elektrotechnik GmbH & Co. KG, POD Point Ltd., Robert Bosch GmbH, Schaffner Holding AG, Siemens AG, and Silicon Laboratories, Inc. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

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Netherlands was the highest revenue contributor to the Europe electric vehicle chargers market share in 2016, accounting for around 23.85% share, owing to surge in demand for electric vehicle charging infrastructure. Furthermore, rise in demand for noise reduction and increase in innovation in the field of e-mobility drive the market across the country.

Key Findings of Europe Electric Vehicle Chargers Market study:

  • The battery electric vehicle segment accounted for the highest share of the Europe electric vehicle chargers market growth in 2016, growing at a CAGR of 31.8% from 2017 to 2023.
  • Netherlands generated the highest revenue, accounting for $113.8 million in 2016.
  • The off-board chargers segment is expected to dominate the market, in terms of market share, during the forecast period.

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