Germany electric vehicle charger market is anticipated to grow at a CAGR over 21.0% during the forecast period, 2019-2025. The country is among the major market of the electric vehicle all across the globe. As per the Federal Motor Transport Authority (KBA), around 63,300 electric cars were sold in Germany in 2019, as compared to 36,000 in 2018. The share of the electric vehicle has increased from 1.05% in 2018 to 1.75% in the country in 2019. The high purchasing power, government incentive, presence of major market players are among the major factor for the growth of the electric vehicle market and so electric vehicle charger market.  As per the Chancellor Office, the government will invest around $3.8 billion to develop charging stations in the country. The country targets to develop 50,000 publicly accessible charging stations in 2022. 

Germany electric vehicle charger market is segmented based on ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. During the forecast period, fast chargers are expected to show a lucrative growth rate. As per the International Energy Agency, in 2018, out of 25,700, more than 23,100 were slow chargers whereas around 2,600 were fast chargers in the country. By connector type, the market is analyzed into AC connectors and DC connectors. AC connector market is further segmented into Type 1, Type 2 and other chargers, whereas the DC connector market is further segmented into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate. 

Key companies contributing to the market include ABB Ltd., Alfen N.V., ChargePoint, Inc., Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., TGOOD Global Ltd., 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. Germany Electric Vehicle Charger Market Research and Analysis by Ownership
2. Germany Electric Vehicle Charger Market Research and Analysis by Charger Type
3. Germany Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

• Comprehensive research methodology of the Germany 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 the Germany electric vehicle charger market.
• Insights about market determinants which are stimulating the Germany electric vehicle charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.