Italy electric vehicle charger market is anticipated to grow at a CAGR of around 20.0% during the forecast period, 2019-2025. Various subsidies are offered by the government for electric or hybrid vehicles in the country which is likely to augment the regional growth of the market. The country has introduced an ‘éco tax’ between March 2019 to December 2021 as a penalty for using a polluting vehicle in order to discourage the use of IC engines. Moreover, the government is providing a subsidiary of $4,400 for the vehicle that has CO2 emission rating of up to 70 g/km whereas a subsidy of $1,650 for vehicles that emit between 21 and 70 g/km. An additional incentive is provided when the older vehicle is scrapped. These schemes are active for the period between March 2019 and December 2021. Moreover, there is also provision to provide a subsidy of 50% of up to $3,300 for the installation of EV chargers. These incentives are expected to provide considerable growth to the market in the country. As per the International Energy Agency, there are around 9,000 charging points in the country already developed or under development. Among those, around 80% of the total charging points are private. 

Italy electric vehicle charger market is segmented on the basis of 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. By connector type, the market is analyzed into AC connectors and DC connectors. AC connector market is further divided into Type 1, Type 2 and other chargers, whereas the DC connector market is further divided into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate. 

Major players operating in the market include Alfen N.V., ChargePoint, Inc., Engie, Leviton Manufacturing Co., Inc., Schneider Electric SE, Siemens AG, Tesla, Inc., The New Motion B.V., Webasto SE, and others. The market players are significantly working in the market growth by the adoption of multiple 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. Italy Electric Vehicle Charger Market Research and Analysis by Ownership
2. Italy Electric Vehicle Charger Market Research and Analysis by Charger Type
3. Italy Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

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