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Insights on the Electric Vehicle Charging Global Market - Impact of COVID-19

Dublin, Dec. 16, 2021 (GLOBE NEWSWIRE) -- The "Global Electric Vehicle Charging Outlook, 2021" report has been added to ResearchAndMarkets.com's offering.

In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe, it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into 2021, defying even the most bullish estimates by market analysts across the world and has alerted governments as well as key participants in the nascent EV industry to the pressing need for charging infrastructure development and expansion, new regulations, and technology breakthroughs.

Tesla currently has a significant advantage over its competitors in terms of streamlined 'Plug & Charge' solutions, as it built out a well-maintained and technically prudent charging infrastructure across North America, majority of Europe (basically its top markets), and China, and is now expanding into other territories and growing markets, such as South Korea and Italy. While competitors might have numerical superiority in terms of charging points, they are severely lacking in overall quality. Besides, charging points are not well maintained, payment solutions are not streamlined, charging infrastructure tends to be concentrated in a few locations instead of proper geographic distribution, and finally, there are format wars.

Alternating Current (AC) charging (3.6-22 kW, sometimes up to 46 kW (3-phase)) is the most common format due to its ease of implementation, as there are usually no requirements for new regulations or safety concerns. Type 1 and Type 2 connectors at 7 kW (depending on the voltage/phase standards in a country) are the widely accepted formats. DC charging (50 kW-350 kW) is only now being prioritized, as the EVs launching from 2021 onward will all be equipped with high-power charging systems. CCS1, CCS2, and CHAdeMO are the currently deployed formats for DC charging, which is in need of global standardization.

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This outlook sheds light on the current infrastructure in the US, Europe, Japan, and South Korea, its development in the last decade, its distribution in terms of connectors, use cases, powerbands, and key participants in the charging industry and an infrastructure forecast till 2030. The outlook also contains general insight on global standards, formats, technology evolution, business models, and growth opportunities.

Key Topics Covered:

1. Growth Environment

  • Definition of EV Charging Infrastructure

  • Current Trends and Dynamics

  • Current Public Charging Infrastructure, H1 2021

  • Summary

  • Evolution of the Electric Vehicle Charging Infrastructure Landscape

  • Charging Standards and Future Landscape - Hardware

  • Impact of COVID-19 on EV Charging Infrastructure

2. Growth Environment, 2021 Global Economic Outlook

  • COVID-19 Impact on World GDP Growth

  • Global Growth Scenario Analysis - Assumptions

  • World GDP Growth Under Differing Scenarios

  • COVID-19 Impact on Key Regions

  • The Strategic Imperative

  • Why Is It Increasingly Difficult to Grow?

3. The Strategic Imperative 8

  • The Impact of the Top Three Strategic Imperatives on the Electric Vehicle Charging Infrastructure Industry

  • Growth Opportunities Fuel the Growth Pipeline Engine

  • Segmentation and Scope, Global Electric Vehicle Industry

  • Research Scope

4. EV Charging Infrastructure Overview - US, H1 2021

  • US EV Charging Infrastructure, Key Highlights H1 2021

  • US EV Charging Infrastructure Snapshot H1 2021

  • Charge Point Operators, US, H1 2021

5. Charging Infrastructure Forecast, US, 2021-2030

  • Forecast Discussion

  • Evolution of Charging Trends, US, 2021-2030

  • Types of Electric Vehicle Charging

  • Charging Hardware Specifications - US

  • Charging Standards - US

6. EV Charging Infrastructure Overview - Europe, H1 2021

  • Europe EV Charging Infrastructure, Key Highlights H1 2021

  • Europe EV Charging Infrastructure Breakdown H1 2021

7. Evolution of Europe's Charging Infrastructure

  • Top-10 Charging Infrastructures, Europe, H1 2021

  • Top AC Charging Point Operators, Europe, H1 2021

  • Top DC Charging Point Operators, Europe, H1 2021

  • Charging Infrastructure Forecast, Europe

  • Forecast Discussion

  • Charging Standards - Europe

8. EV Charging Infrastructure Overview - Japan, H1 2021

  • Japan EV Charging Infrastructure, Key Highlights H1 2021

  • Japan EV Charging Infrastructure Breakdown H1 2021

9. State of Japan's Charging Infrastructure

  • Charging Infrastructure Forecast, Japan

  • Forecast Discussion - Japan

10. EV Charging Infrastructure Overview - South Korea, H1 2021

  • South Korea EV Charging Infrastructure, Key Highlights H1 2021

  • South Korea EV Charging Infrastructure Breakdown H1 2021

11. Charging Infrastructure Forecast, South Korea

  • Forecast Discussion

  • Future of Charging Infrastructure in South Korea, 2020

  • South Korea

12. DC and Ultra-fast Future Charging Infrastructure Trends

  • Current Trends and Dynamics - DC Charging

  • Current Trends and Dynamics - Ultra-fast Charging

  • Charging Standards - Overview Of DC

13. Charging Standards - Combined Charging System

  • Potential Business Model - Ultra-fast Charging

  • Potential Business Models

  • Charging Standards - CHAdeMO, GB/T, ChaoJi Roadmap

  • Charging Standards - CharIN Association (CCS)

  • Charging Standards - Tesla

  • Electric Charging Roadmap, OBC Strategy of BEV OEMs

  • Electric Charging Roadmap, OBC Strategy of PHEV OEMs

  • EV Charging Roadmap, DC Charging Strategy of BEV OEMs

  • EV Roadmap - DC Charging Strategy of PHEV OEMs

14. Growth Opportunity Universe, Electric Vehicle Charging Infrastructure

  • Growth Opportunity 1 - Development of Ultra-fast charging Infrastructure to Meet Growing Demand Driven by New, Compatible EVs

  • Growth Opportunity 2 - New Business Models to Cater to the Charging Experience Rather Than Replicating the Gas Station Experience

  • Growth Opportunity 3 - Collaborative Opportunities Across Different Industry Sectors and Verticals for the EV Charging Value Chain

For more information about this report visit https://www.researchandmarkets.com/r/qi2lqw

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900