Market Size – USD 7.08 million in 2018, Market Growth – CAGR of 40.2%, Market Trends – Product launches and research for advanced Electric Vehicle Charging Infrastructure
The global Electric Vehicle Charging Infrastructure market is expected to reach USD 49.31 Billion by 2026, according to a new report by Reports and Data. Though, over the past century, the petroleum-fueled combustion vehicles have dominated, the recent advancements in the technology of electric vehicles have presented an opportunity for its growth to revolutionize the transportation sector. The electric vehicles are projected to approach cost-competitiveness with conventional vehicles, owing to the reduction in battery costs and increased production volumes over the next 10 years. The major hindrance to the growth of electric vehicle market is the lack of charging infrastructure to actually cater 2 million electric cars in 2017 equating to 10% of new vehicle sales in multiple markets. Hence, the important requirement for large scale transition to electro mobility is the development of a robust charging infrastructure network
Request For Sample: https://www.reportsanddata.com/sample-enquiry-form/1066
Further key findings from the report suggest
To Purchase Full Electric Vehicle Charging Infrastructure Market Report: https://www.reportsanddata.com/checkout-form/1066
For the purpose of this report, Reports and Data has segmented the global Electric Vehicle Charging Infrastructure market basis of Charger Types, Connector, Applications, Charging Stations and Region:
Charger Type (Revenue, USD Million; 2016–2026)
Connector (Revenue, USD Million; 2016–2026)
Applications (Revenue, USD Million; 2016–2026)
Charging Stations (Revenue, USD Million; 2016–2026)
Ask For Discount: https://www.reportsanddata.com/discount-enquiry-form/1066
Regional Outlook (Volume, Kilo Tons; Revenue in USD Million; 2016–2026)
Media ContactCompany Name: Reports and DataContact Person: John WatsonEmail: Send EmailPhone: +1-212-710-1370Address:40 Wall St. 28th floor City: New York CityState: NY 10005Country: United StatesWebsite: www.reportsanddata.com/report-detail/electric-vehicle-charging-infrastructure-market