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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
An electric vehicle is easily charged by just plugging it into a charger that is attached to an electrical outlet. But not all EV charging stationsâalso referred to as EVSE, or electric vehicle supply equipmentâare made equal.
Some only need to be plugged into a regular wall socket to be installed, while others need a custom setup. The kind of charger you use will affect how long it takes to charge your car.
Level 1 chargers can be inserted into a typical outlet and have a 120-volt (V) AC plug. Level 1 chargers don't require the installation of any extra hardware, in contrast to other chargers. These chargers are most frequently used at home and typically give two to five miles of range per hour of charging.
Both home and commercial charging stations use Level 2 chargers. Unlike Level 1 chargers, they require a 240 V (for residential usage) or 208 V (for commercial use) plug, and they cannot be plugged into a regular wall socket. A qualified electrician should also install them. It is also possible to install level 2 home EV chargers that are connected to a solar power system.
In just 20 minutes, a DC Fast Charger, often referred to as a Level 3, Combined Charging System (CCS), or CHAdeMO charging station, may extend the range of your electric vehicle's battery by 60 to 80 miles.
They need extremely specialised, powerful equipment to install and maintain, and are normally only utilised in commercial and industrial applications. So you may use them for long-distance travel and road excursions, you can locate them on key roadways.
The North korea EV Charger Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
SK Signet, a division of SK Inc., displays the most recent electric vehicle chargers. To increase customer experience prospects for ultra-fast EV charging and to market its products both domestically and internationally, SK Signet wants to establish an exhibition hall in the Seoul Festa Brand Zone .
They have set up a PR booth as an operator of EV infrastructure for a sustainable future to educate people about EV charging and to advertise the ease of ultra-fast charging. Through social media hashtag activities, SK Signet will also provide high-speed charging connections and prepaid cards for EV charging.
A wide variety of EV chargers from 7 kW slow chargers to 100 kW, 175 kW, and 350 kW chargers will be on display from SK Signet. Customers can test out Vehicle to Vehicle (V2V) products and portable chargers that can offer on-site charging services in the exhibition hall.
In Seoul, the first electric vehicle charging station from Hyundai and SK Networks opens. The fastest and largest charging capacity in Korea is found at the Hyundai EV Station Gangdong.
The four Hi-Charger units that welcome you at street level are equipped with 350kW high-power and high-efficiency charging technology, allowing your car to get from 10% to 80% charged in just 18 minutes if it has an 800V charging system. Models equipped with the new E-GMP, such as the upcoming IONIQ 5, may charge completely in just 30 minutes.
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, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
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, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |