Finland has a small market share as compared to other European economies however a significant growth of around 20% over the forecast period in the electric vehicle charger market will be witnessed. Finland electric vehicle charger market is forecast to augment at a double-digit growth rate during the forecast period, 2019-2025. As per the International Energy Agency, the charging point in the country has been increased to 931 in 2018 as compared to 267 in 2013. Cohesive government regulations, subsidies by the government are the major factors augmenting the market. In 2016, the country announced a target of 250,000 passenger light-duty vehicle EVs by 2030. 

Some of the major automakers operating in the country include Volkswagen, Volvo, BMW, Hyundai, Audi, Tesla and so on that are influencing the market growth. In 2016, the Ministry of Employment and Economy allocated more than $5 million for developing public charging infrastructure. A company can get up to 35% of the charging investment and around 30% capital share of leasing expenses. In 2017, the Finnish Housing Finance and Development Centre has allocated more than $1.65 million in subsidies for housing and others that build charging points. The organization can apply for a subsidy up to 35% or $100,000 for charging points when they build charging points for at least five vehicles.

Finland electric vehicle charger market is divided based on ownership, charger type, and connector type. On the basis of ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. By connector type, the market is segmented into AC connectors and DC connectors. AC connector market is further analyzed into Type 1, Type 2 and other chargers, whereas the DC connector market is further analyzed into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. 

Some of the major companies contributing to the market include ABB Ltd., Alfen N.V., Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., Webasto SE, and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger and acquisition, collaborations with government, and technological advancements to stay competitive in the market. 

Research Methodology

The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Finland Electric Vehicle Charger Market Research and Analysis by Ownership
2. Finland Electric Vehicle Charger Market Research and Analysis by Charger Type
3. Finland Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

• Comprehensive research methodology of Finland electric vehicle charger market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting Finland electric vehicle charger market.
• Insights about market determinants that are stimulating Finland electric vehicle charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.