China Electric Vehicle Charger Market Size, Share and Forecast 2019-2025

 China electric vehicle charger market is projected to grow at a CAGR of over 26.0% during the forecast period (2019-2025). The increasing number of charging points in the country significantly drive the growth of the market. 

According to the China Electric Vehicle Charging Infrastructure Promotion Association in December 2019, the number of public charging stations for EVs owned and operated by its members totaled 496,000 units as of November 2019, of which 289,000 were AC charging stations, 206,000 were DC while 488 offered both types of current. 

To Request a Sample of our Report on China Electric Vehicle Charger Market:  https://www.omrglobal.com/request-sample/china-electric-vehicle-charger-market

During the first eleven months of 2019, 365,000 charging facilities were installed in the country which represented an increase of 29.5% compared to the last year. As of November 2019, 8 Chinese companies own and operate at least 10,000 EV charging stations in China:

·         Qingdao Teld New Energy with 144,000 units

·         Star Charge with 112,000 units

·         State Grid Corporation of China with 88,000 units

·         Jiangsu YKC New Energy Technology with 33,000 units

·         EV Power with 25,000 units

·         AnYo Charging with 18,000 units

·         Potevio with 14,000 units and

·         Shenzhen Car Energy Network with 12,000 units.

In addition, in November 2020, Tesla Inc. announced its plans to start manufacturing EV chargers in China in 2021. Tesla, which sells its Model 3 electric cars in China and plans to deliver its Model Y sport utility vehicles in 2021, has planned to invest $6.4 million in a new factory for making the chargers, near its car plant in Shanghai. Such an increase in the charging network in the country will directly impact the growth of the China electric vehicle charger industry.

Market Coverage

·         Market number available for – 2018-2025

·         Base year- 2018

·         Forecast period- 2019-2025

·         Segment Covered- By Ownership, By Charger Type, and By Connector Type

·         Region Covered- China

·         Competitive Landscape- Zhejiang Young Energy Technology Co., Ltd, ABB Ltd., Tesla, Inc., Webasto SE, ShenZhen SETEC Power Co., Ltd., XCharge, Inc., Qingdao TELD NEW ENERGY Co., Ltd. (TGOOD), Chengdu Khons Technology Co., Ltd.

Key Questions Addressed by the Report

·         What is the market growth rate?

·         Which segment dominates the market in the base year?

·         Which segment will project the fastest growth in the market?

·         How COVID-19 impacted the market?

·         Who is the leader in the market?

·         How players are addressing challenges to sustain growth?

·         Where is the investment opportunity?

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A full Report of China Electric Vehicle Charger Market is Available at:  https://www.omrglobal.com/industry-reports/china-electric-vehicle-charger-market

China Electric Bus Market Report Segment

By Ownership 

·         Public

·         Private 

By Charger Type

·         Slow Charger

·         Fast Charger

By Connector Type

·         AC Connectors

·         DC Connectors

Company Profiles

·         ABB Ltd.

·         Chengdu Khons Technology Co., Ltd.

·         Eaton Corp.

·         Engie

·         Qingdao TELD NEW ENERGY Co., Ltd. (TGOOD)

·         Schneider Electric SE

·         ShenZhen SETEC Power Co., Ltd.

·         Siemens AG

·         Tesla, Inc.

·         Webasto SE

·         XCharge, Inc.

·         Zhejiang Young Energy Technology Co., Ltd

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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