Electric Vehicle Charging Station Market Report | Electric Vehicle Charging Station Market
The global electric vehicle charging station market is expected to grow significantly from 3.2 million units in 2017, to 26.31 million units in 2024, at a CAGR of 35.48% from 2018 to 2024. The growth of this market is propelled due to growing concern towards environmental pollution and global warming. An initiative towards greener economy by nations across the globe to tackle ecological scarcities and government initiatives supporting EV charging stations installation. Moreover, huge investments by major players to install electric charging station infrastructure, is expected to further augment the growth of this market.
Global electric vehicle charging station market is expected to grow from 3.2 Million units in 2017, to 26.3 Million units by 2024, at a CAGR of 35.48% from 2018 to 2024. The goal to introduce the EV vehicles in the market is to reduce the greenhouse gas emissions and tackle the ecological scarcities; since these vehicles provides low carbon, are highly efficient and are cost effective transportation. These reasons are promoting the growth of the global market. The government initiatives supporting EV’s charging stations installation are also promoting the growth of the market. Moreover, huge investments by major players to install the stations infrastructure, is expected to further drive the market.
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|Target Nation: England|
Target City : All Cities
Last Update : 17 September 2018
Number of Views: 35
|Item Owner : Energias Market Research|
Contact Phone: 17162394915
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