Asia-Pacific Electric Vehicle Charging Station Market Outlook, 2027

Asia Pacific Electric Vehicle Charging Station Market is estimated to grow with CAGR of 23.41% by 2027. This report consist industry trends & major growing factors.

Featured Companies

  • 1. Eaton Corporation
  • 2. Leviton Manufacturing Co., Inc
  • 3. Siemens Limited
  • 4. Tesla
  • 5. Chargepoint inc.
  • 6. Shell plc
  • More...

The growing concerns towards the high vehicular pollution levels, have raised the demand for the electric vehicles in Asia Pacific region. However, even the government initiatives are creating awareness for reducing the use carbon footprints, is also reason behind the growth of EVs in the region. Adding to this many government bodies are offering subsidies and some financial aids to promote the purchase of electric vehicles. The increase in the purchase rate has also increased the EV charging station infrastructures.  

It has been observed that in the recent years the government bodies have been heavily investing in the development of the high-capacity public charging infrastructures. However, the growing installation of the Combined Charging System (CCS) and the Tesla supercharger connectors are also driving the market. They are driving because of their compatibility and their ultra-fast charging speeds.

In all the other three levels of charging the level 3 is the fastest charging level. It delivers more power, faster and ideal for charging. This level provides DC (direct current) charging and can be installed in the residential areas too. On the other side the level 1 and 2 chargers AC (alternate current) into the electric vehicle and then it is converted into DC through a small onboard charger. As there is a limited space given inside the EV, the charge’s size is also limited. This is the reason behind having the maximum speed of level 2 around 22 kW to 43 kW.

The major difference between level 3 with DC charging and level 1 and 2 with AC charging. Its simple that the level 3 chargers convert the alternate current and direct current within a charging station and allows the direct current to flow directly from the station itself to the electric vehicle’s battery. The level 3 chargers don’t take much time to charge, can be fully charged in 10 to 15 minutes.

According to the research report published by Bonafide Research titled as “Asia Pacific Electric Vehicle Charging Station Market Outlook, 2027”, Asia Pacific’ charging station market is estimated to grow with CAGR of 23.41% by the end of forecasted year.

As per research, China is dominating the Asia Pacific region as the largest manufacturer as well as service providers of EV charging stations. China has always been at the top in terms of technology and even now in the segment of electric vehicles and its charging stations. EVs are very popular in this region compared to the other regions and is also expected to be with the highest market share by the end of the forecasted year 2027.

The electric vehicles or EVs are gradually gaining huge popularity as an alternative for fuel and gas vehicles in the market. These vehicles have become more popular because of the increase in harmful side effects to the environment such as drastic climate changes leading to global warming, zero-emission mobility for electric vehicles and these also reduces the urban air and noise pollution. Therefore, in a positive way these electric vehicles can save the planet from getting polluted in coming few years.

Major Companies present in the market:
ChargePoint Holdings, Inc., Shell, Tesla Inc., BP, ABB, RWE, Siemens, Efacec, BLINK CHARGING co. , Eaton Corporation plc, SCHNEIDER ELECTRIC, WEBASTO GROUP, Leviton Manufacturing Co. Inc., Phihong USA Corp., EV Safe Charge Inc., Tata Power.

Considered in this report
• Geography: Asia Pacific
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Asia Pacific Electric Vehicle Charging Station market with its value and forecast along with its segments
• Country-wise electric vehicle charging station market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• China
• Japan
• India
• Australia
• South Korea

Types of charger in the report
• Slow/ Moderate
• Fast

Type of charging levels:
• Level 1 (AC charging)
• Level 2 (AC charging)
• Level 3 (DCFC)

By Application type:
• Public
• Private

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to electric vehicle charging station industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

This report would help you answer the following questions:
1. At what rate the Asia Pacific electric vehicle charging station market will grow in forecast period?
2. What are the types of electric vehicle chargers?
3. What are the different types of electric vehicle charging levels?
4. Which electric vehicle charger type is leading the market?
5. What is the impact of COVID-19 on the Asia Pacific electric vehicle charging station Market?
6. What are the different types of charging station by applications?

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Prashant Tiwari

Research Analyst

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Companies Mentioned

  • Eaton Corporation
  • Leviton Manufacturing Co., Inc
  • Siemens Limited
  • Tesla
  • Chargepoint inc.
  • Shell plc
  • BP p.l.c.
  • ABB Group
  • RWE AG
  • Efacec
  • Blink Charging co.
  • Webasto Group
  • BYD Auto Co., Ltd.
  • Semaconnect inc.
  • Evgo Services LLC.
  • Engie
  • Schneider Electric
  • Ev Box
  • Phihong USA Corp.
  • EV Safe Charge Inc.
  • Tata Power Company Limited

Table of Contents

  • Table Of Content:
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Electric Vehicle Charging Station Market Outlook
  • 5.1. Market Size
  • 5.1.1. By Value
  • 5.1.2. By Volume
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By ChargerType
  • 5.2.3. By Application Type
  • 5.2.4. By Charging Level
  • 5.2.5. By Country
  • 5.2.6. By Company
  • 6. Asia-Pacific Electric Vehicle Charging Station Market Outlook
  • 6.1. Market Size
  • 6.1.1. By Value
  • 6.1.2. By Volume
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By ChargerType
  • 6.2.3. By Application Type
  • 6.2.4. By Charging Level
  • 6.3. China Electric Vehicle Charging Station Market Outlook
  • 6.3.1. Market Size By Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Charger Type
  • 6.3.2.2. By Application Type
  • 6.4. Japan Electric Vehicle Charging Station Market Outlook
  • 6.4.1. Market Size By Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Charger Type
  • 6.4.2.2. By Application Type
  • 6.5. India Electric Vehicle Charging Station Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Charger Type
  • 6.5.2.2. By Application Type
  • 6.6. Australia Electric Vehicle Charging Station Market Outlook
  • 6.6.1. Market Size By Value
  • 6.6.2. Market Share
  • 6.6.2.1. By Charger Type
  • 6.6.2.2. By Application Type
  • 6.7. South Korea Electric Vehicle Charging Station Market Outlook
  • 6.7.1. Market Size By Value
  • 6.7.2. Market Share
  • 6.7.2.1. By Charger Type
  • 6.7.2.2. By Application Type
  • 7. Market Dynamics
  • 7.1. Key Drivers
  • 7.2. Key Challenges
  • 8. Market Trends and Developments
  • 8.1. XXXX
  • 8.2. XXXX
  • 8.3. XXXX
  • 8.4. XXXX
  • 9. Company Profiles
  • 9.1. Chargepoint inc.
  • 9.2. Shell plc
  • 9.3. Tesla Inc.
  • 9.4. BP p.l.c.
  • 9.5. ABB Group
  • 9.6. RWE AG
  • 9.7. Siemens AG
  • 9.8. Efacec
  • 9.9. Blink Charging co.
  • 9.10. Webasto Group
  • 9.11. BYD Auto Co., Ltd.
  • 9.12. Semaconnect inc.
  • 9.13. Evgo Services LLC.
  • 9.14. Engie
  • 9.15. Schneider Electric
  • 9.16. Ev Box
  • 9.17. Eaton Corporation plc
  • 9.18. Leviton Manufacturing Co., Inc.
  • 9.19. Phihong USA Corp.
  • 9.20. EV Safe Charge Inc.
  • 9.21. Tata Power Company Limited
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Electric Vehicle Charging Station Market Share By Region By Volume (2016, 2021 & 2027)
Table 5: Global Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 6: Global Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 7: Global Electric Vehicle Charging Station Market Share By Company (2020)
Table 8: Asia-Pacifc Electric Vehicle Charging Station Market Share By Country (By Value and Volume) (2016, 2021 & 2027)
Table 9: Asia-Pacifc Electric Vehicle Charging Station Market Share By Charging Level By Volume (2016 - 2021 & 2022 - 2027)
Table 10: Key Facts of Chargepoint Inc.
Table 11: Key Facts of Shell plc
Table 12: Key Facts of Tesla Inc.
Table 13: Key Facts of BP p.l.c.
Table 14: Key Facts of ABB Group
Table 15: Key Facts of RWE AG
Table 16: Key Facts of Siemens AG
Table 17: Key Facts of Efacec
Table 18: Key Facts of Blink Charging co.
Table 19: Key Facts of Webasto Group
Table 20: Key Facts of BYD Auto Co., Ltd.
Table 21: Key Facts of Semaconnect inc.
Table 22: Key Facts of Evgo Services LLC.
Table 23: Key Facts of Engie
Table 24: Key Facts of Schneider Electric
Table 25: Key Facts of Ev Box
Table 26: Key Facts of Eaton Corporation plc
Table 27: Key Facts of Leviton Manufacturing Co., Inc.
Table 28: Key Facts of Phihong USA Corp.
Table 29: Key Facts of EV Safe Charge Inc.
Table 30: Key Facts of Tata Power Company Limited

List of Figures
Figure 1: Global Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 2: Global Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 3: Global Electric Vehicle Charging Station Market Share By ChargerType By Volume (2016, 2021 & 2027)
Figure 4: Global Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 5: Asia-Pacific Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 6: Asia-Pacific Electric Vehicle Charging Station Market Size By Volume 2016 to 2027 (In Thousand)
Figure 7: Asia-Pacific Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 8: Asia-Pacific Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 9: China Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 10: China Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 11: China Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 12: Japan Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 13: Japan Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 14: Japan Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 15: India Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 16: India Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 17: India Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 18: Australia Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 19: Australia Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 20: Australia Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 21: South Korea Electric Vehicle Charging Station Market Size By Value 2016 to 2027 (In USD Million)
Figure 22: South Korea Electric Vehicle Charging Station Market Share By Charger Type By Volume (2016, 2021 & 2027)
Figure 23: South Korea Electric Vehicle Charging Station Market Share By Application Type By Volume (2016, 2021 & 2027)
Figure 24: Market Attractiveness Index, 2021
Figure 25: Market Attractiveness Index, 2027

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Asia-Pacific Electric Vehicle Charging Station Market Outlook, 2027

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