North American electric vehicle charger market is forecast to grow at a considerable growth rate over the forecast period, 2019-2025. Some of the major factors for the growth of the market include rising electric vehicle market, cohesive government regulations for electric vehicles & its charging infrastructure and significant investment from the government and private companies in developing charging infrastructure in the region. High average cost of the IC engine-based automobile is another major factor for the growth of the market. Some of the major electric vehicle companies working in the region include BMW AG, Audi AG, Ford Motors Co., Jaguar Land Rover, Tesla, Inc., Volkswagen AG and so on. The companies are expected to invest a considerable amount in developing charging infrastructure in the region. For instance, in May 2019 Volkswagen AG aims to develop 2,000 charging stations under its Electrify America program. 

North American electric vehicle charger market is divided on the basis of ownership, charger type, and connector type. By ownership, the market is further bifurcated into Public and Private. According to the International Energy Agency, in 2018, in the US there were more than 54,000 public accessible chargers whereas it is around 100 in Canada. By charger type, the market is segmented into slow chargers and fast chargers. Fast chargers are expected to show lucrative growth during the forecast period. By connector type, the market is further divided into AC connectors and DC connectors. AC connector market is further divided into Type 1, Type 2 and other segments, whereas the DC connector market is further segmented into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla). DC connectors are expected to show a considerable growth rate during the forecast period. 

Geographically, the market is divided into the US and Canada. The US is expected to hold the major most of the market share during the forecast period. The companies which are contributing significantly in the market include ABB Ltd., Tesla, Inc., Webasto SE, Blink Charging Co., ChargePoint, Inc., Eaton Corp., Schneider Electric SE, SemaConnect, Inc., Siemens AG, 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 is intended for automobile companies, auto-ancillary companies, EV companies, government organizations, startups and venture capitalists for the comprehensive market analysis. 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. North American Electric Vehicle Charger Market Research and Analysis by Ownership
2. North American Electric Vehicle Charger Market Research and Analysis by Charger Type
3. North American Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

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