USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Global Electric Vehicle Charging Outlook, 2021
Global Electric Vehicle Charging Outlook, 2021
Charging Infrastructure is Witnessing Transformational Growth Driven by Rapid EV Penetration
16-Nov-2021
North America
Description
In 2020 the adoption of Electric Vehicles (EVs) accelerated across the world, particularly in Europe and the US. This growth was driven by heavy incentivization to promote EV sales and boost the overall automotive market. Global EV penetration in 2020 was 4.8%. In Europe it was 9.7%, and in the US, it was 2.3%. This rapid growth has sustained into 2021, defying even the most bullish estimates by market analysts across the world and has alerted governments as well as key participants in the nascent EV industry to the pressing need for charging infrastructure development and expansion, new regulations, and technology breakthroughs.
Tesla currently has a significant advantage over its competitors in terms of streamlined 'Plug & Charge' solutions, as it built out a well-maintained and technically prudent charging infrastructure across North America, majority of Europe (basically its top markets), and China, and is now expanding into other territories and growing markets, such as South Korea and Italy. While competitors might have numerical superiority in terms of charging points, they are severely lacking in overall quality. Besides, charging points are not well maintained, payment solutions are not streamlined, charging infrastructure tends to be concentrated in a few locations instead of proper geographic distribution, and finally there are format wars.
Alternating Current (AC) charging (3.6–22 kW, sometimes up to 46 kW (3-phase)) is the most common format due to its ease of implementation, as there are usually no requirements for new regulations or safety concerns. Type 1 and Type 2 connectors at 7 kW (depending on the voltage/phase standards in a country) are the widely accepted formats. DC charging (50 kW–350 kW) is only now being prioritized, as the EVs launching from 2021 onward will all be equipped with high-power charging systems. CCS1, CCS2, and CHAdeMO are the currently deployed formats for DC charging, which is in need of global standardization.
This outlook sheds light on the current infrastructure in the US, Europe, Japan, and South Korea, its development in the last decade, its distribution in terms of connectors, use cases, powerbands, and key participants in the charging industry and an infrastructure forecast till 2030. The outlook also contains general insight on global standards, formats, technology evolution, business models, and growth opportunities.
Table of Contents
Definition of EV Charging Infrastructure
Current Trends and Dynamics
Current Public Charging Infrastructure, H1 2021
Summary
Evolution of the Electric Vehicle Charging Infrastructure Landscape
Charging Standards and Future Landscape—Hardware
Impact of COVID-19 on EV Charging Infrastructure
COVID-19 Impact on World GDP Growth
Global Growth Scenario Analysis—Assumptions
World GDP Growth Under Differing Scenarios
COVID-19 Impact on Key Regions
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Electric Vehicle Charging Infrastructure Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
US EV Charging Infrastructure, Key Highlights H1 2021
US EV Charging Infrastructure Snapshot H1 2021
US EV Charging Infrastructure Snapshot H1 2021 (continued)
Charge Point Operators, US, H1 2021
Charge Point Operators (CPO), US, H1 2021 (continued)
Charging Infrastructure Forecast, US, 2021–2030
Forecast Discussion
Evolution of Charging Trends, US, 2021–2030
Types of Electric Vehicle Charging
Charging Hardware Specifications—US
Charging Standards—US
Europe EV Charging Infrastructure, Key Highlights H1 2021
Europe EV Charging Infrastructure Breakdown H1 2021
Europe EV Charging Infrastructure Breakdown H1 2021 (continued)
Evolution of Europe’s Charging Infrastructure
Top-10 Charging Infrastructures, Europe, H1 2021
Top AC Charging Point Operators, Europe, H1 2021
Top DC Charging Point Operators, Europe, H1 2021
Charging Infrastructure Forecast, Europe
Forecast Discussion
Charging Standards—Europe
Japan EV Charging Infrastructure, Key Highlights H1 2021
Japan EV Charging Infrastructure Breakdown H1 2021
Japan EV Charging Infrastructure Breakdown H1 2021 (continued)
State of Japan's Charging Infrastructure
Charging Infrastructure Forecast, Japan
Forecast Discussion
Japan
South Korea EV Charging Infrastructure, Key Highlights H1 2021
South Korea EV Charging Infrastructure Breakdown H1 2021
South Korea EV Charging Infrastructure Breakdown H1 2021 (continued)
Charging Infrastructure Forecast, South Korea
Forecast Discussion
Future of Charging Infrastructure in South Korea, 2020
South Korea
Current Trends and Dynamics—DC Charging
Current Trends and Dynamics—Ultra-fast Charging
Charging Standards—Overview Of DC
Charging Standards—Overview of DC (continued)
Charging Standards—Combined Charging System
Potential Business Model—Ultra-fast Charging
Potential Business Models
Charging Standards—CHAdeMO, GB/T, ChaoJi Roadmap
Charging Standards—CharIN Association (CCS)
Charging Standards—Tesla
Electric Charging Roadmap, OBC Strategy of BEV OEMs
Electric Charging Roadmap, OBC Strategy of PHEV OEMs
EV Charging Roadmap, DC Charging Strategy of BEV OEMs
EV Roadmap—DC Charging Strategy of PHEV OEMs
Growth Opportunity 1—Development of Ultra-fast charging Infrastructure to Meet Growing Demand Driven by New, Compatible EVs
Growth Opportunity 1—Development of Ultra-fast charging Infrastructure to Meet Growing Demand Driven by New, Compatible EVs (continued)
Growth Opportunity 2—New Business Models to Cater to the Charging Experience Rather Than Replicating the Gas Station Experience
Growth Opportunity 2—New Business Models to Cater to the Charging Experience Rather Than Replicating the Gas Station Experience (continued)
Growth Opportunity 3—Collaborative Opportunities Across Different Industry Sectors and Verticals for the EV Charging Value Chain
Growth Opportunity 3—Collaborative Opportunities Across Different Industry Sectors and Verticals for the EV Charging Value Chain (continued)
Key Conclusions and Future Outlook
Abbreviations and Acronyms Used
Vehicle Segmentation
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
Popular Topics
| No Index | No |
|---|---|
| Podcast | No |
| Author | Ishaan Kolse |
| Industries | Automotive |
| WIP Number | PBDC-01-00-00-00 |
| Keyword 1 | Electric Vehicle Charging Market |
| Keyword 2 | EV Charging Station Market |
| Keyword 3 | Electric Vehicle Charging Infrastructure Market |
| Is Prebook | No |
| GPS Codes | 9673-A6,9800-A6,9807-A6,9813-A6,9882-A6 |
