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The EV Infrastructure market is expected to display a steady growth of 63% due to the rising environmental concern | UnivDatos Market Insights

According to a new report published by UnivDatos Markets Insights, the was valued at more than USD x billion in 2020 and is expected to grow at a CAGR of around 63% from 2022-2028. The analysis has been segmented into Application (Public and Private); Charging Type (Fast and Slow); Power Outage (Less than 22KW and More than 22Kw); Region/Country.
Click here to view the Report Description & TOC -
The EV Infrastructure market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the EV Infrastructure market. The EV Infrastructure market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the EV Infrastructure market at the Country level
Market Overview
The supporting factors of the EV Vehicle are basically considered the EV infrastructure which includes battery charging stations, charging type, connectors and rapid charging stations publically as well as in the private sector. Hence, the rising level of toxic and harmful gases due to transportation has triggered the necessity of adopting EV vehicles. Moreover, the government is also implementing rules and regulations to make the region green and pollution free. The widespread charging infrastructure is essential for EV adoption. For instance, on April 22, 2022, NITI Aayog released a draft battery swapping policy which will be valid until March 31, 2025. The policy will be implemented over a period of 1-2 years from the date of launch of the policy and will cover all metropolitan cities with a population greater than four million. The second phase will be implemented over 2-3 years from the date of the launch of the policy and will cover all UTs and major cities with a population greater than 5,00,000.
Some of the major players operating in the market include The Mercedes-Benz Group AG, MG MOTOR UK Limited, Olectra Greentech Limited, AUDI AG, Bayerische Motoren Werke AG, Hyundai Motor Company, Tata Motors Limited, Toyota Motor Corporation, Jaguar Land Rover Automotive PLC and Mahindra & Mahindra Limited.
COVID-19 Impact
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the Indian economy. The pandemic has impacted the automotive industry and has transformed the way industry is delivered. The EV Infrastructure market has been significantly affected during these times owing to the restriction on import and export and limitations in traveling.
The India EV Infrastructure Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on application, the market is segmented into public and private. The public category is to witness a higher CAGR during the forecast period. This is because public quick chargers are widely installed to encourage EV adoption. In addition, various OEMs and EV grid operators are installing public fast chargers in locations such as retail stores, hospitality facilities, parking lots, government offices, roads and gas stations. However, most EV infrastructure is seen publically for the convenience of the customers.
· Based on charging type, the market is categorized into fast and slow. Among these, the fast-charging segment holds a significant share of the market during the forecast period. This is mainly due to the increase in the production of electric vehicles and the enhancement of the adoption rate of electric vehicles. Moreover, the Indian government are moving a step forward to enhance the adoption of electric vehicle while working on the EV infrastructure. For instance, The New Town Kolkata Development Authority (NKDA) will install and operate 12 fast electric vehicle charging stations across the township. Charging at these stations will be cheaper than at privately operated stations.
· Based on the power outage, the market has been classified into less than 22kw and more than 22kw. More than 22kw is to witness a higher CAGR during the forecast period. As more power output takes less time to completely charge the vehicle. The chargers with more power are expanding due to the busy schedule of the consumers, better overall portability, reduce outlet clutter, and help overcome low-capacity batteries. Hence, these are the factors driving the growth of the market.
The major players targeting the market include
· The Mercedes-Benz Group AG
· MG MOTOR UK Limited
· Olectra Greentech Limited
· AUDI AG
· Bayerische Motoren Werke AG
· Hyundai Motor Company
· Tata Motors Limited
· Toyota Motor Corporation
· Jaguar Land Rover Automotive PLC
· Mahindra & Mahindra Limited
Competitive Landscape
The degree of competition among prominent Indian companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as Indian market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the EV Infrastructure Market. The major players have been analyzed by using research methodologies for getting insight views on India’s competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the EV Infrastructure market?
• Which factors are influencing the EV Infrastructure Market over the forecast period?
• What are the India challenges, threats, and risks in the EV Infrastructure market?
• Which factors are propelling and restraining the EV Infrastructure market?
• What are the demanding Indian regions of the EV Infrastructure market?
• What will be the Indian market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by Indian companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.



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