South Africa electric vehicle charger market is anticipated to grow at a CAGR of over 10.0% during the forecast period, 2019-2025. As of now, government regulation is not so favorable for electric vehicles in the country. As per the International Energy Agency, only 150 new electric vehicles were sold in the country in 2018 whereas it was 200 and 380 in 2017 and 2016 respectively. Some of the major factors for the small market for electric vehicles include lack of charging infrastructure in the country, low range of electric vehicles and high prices of electric vehicles in the country and no significant support from the government. For instance, the import duty and taxes on the electric vehicles are 45% which impedes the market growth in the country. There are very few electric vehicles available in South Africa including Nissan Leaf, BMW i3, Jaguar I-Pace and BMW i8. 

South Africa 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 whereas, by charger type, the market is bifurcated into slow chargers and fast chargers. Fast chargers are expected to show considerable growth during the forecast period. 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, and the DC connector segment is further divided into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. As per the International Energy Agency, in 2018 there was 239 publicly accessible chargers in the country out of which 81 were fast chargers. 

Major players operating in the market include ABB Ltd., Engie, EV Charge (Pty) Ltd. South Africa, Schneider Electric SE, Siemens AG, Signet Systems Inc., TGOOD Global Ltd., 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. South Africa Electric Vehicle Charger Market Research and Analysis by Ownership
2. South Africa Electric Vehicle Charger Market Research and Analysis by Charger Type
3. South Africa Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

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