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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electric vehicle (EV) chargers are devices that employ a battery and an electrical supply to offer to charge EVs. These vehicles are charged at several charging levels, including level 1, level 2, and level 3.
Electric automobiles are less expensive than traditional gasoline and diesel vehicles, even after maintenance costs. Electric cars lessen the amount of carbon dioxide that is discharged into the environment, which contains harmful gas particles.
Government rules require the use of electric vehicles to reduce environmental pollution and fuel demand for electric vehicles, which is anticipated to increase demand for EV chargers in Europe.
The rise of the European market for electric car chargers is further fueled by the spike in demand for electric automobiles.
The Europe EV Charger Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
ABB is introducing an avant-garde, all-in-one EV charger that offers the quickest charging speed available. The brand-new Terra 360 modular charger from ABB has a dynamic power distribution system and can charge up to four vehicles at once.
As a result, drivers won't have to wait if someone else is already charging forward. They merely approach a different plug.
The new charger can completely charge an electric vehicle in 15 minutes or less and has a maximum power of 360 kW, so it can satisfy the demands of a wide range of EV owners, whether they require a quick charge or to top off their battery while doing their grocery shopping.
In Dusseldorf, Germany, Volkswagen and bp unveiled the first charger as part of the strategic cooperation that will accelerate the deployment of electric cars (EVs) throughout Europe.
The cooperation unites two of the top global e-mobility providers with the purpose of revolutionizing EV charging access in important European markets by constructing a fast1 charging network across Europe and providing EV drivers with a seamless experience.
The unique Flex pole 150kW charging units from Volkswagen, which have two charge outlets each and an integrated battery storage system, remove one of the main barriers to the quick deployment of fast charging infrastructure in Europe.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |