EV DC Fast Charger: Introduction

  • EV DC fast charger is a direct current fast charger used for charging an electric vehicle. Electric vehicle chargers are prime components of the electric vehicle charging station that supplies electric energy to recharge an electric vehicle. EV DC fast chargers recharge electric vehicles at a rapid pace as compared to those charged by AC electric vehicle chargers. EV DC chargers are able to recharge an electric vehicle battery up to 80% of its capacity within a short duration of time.

Key Drivers of EV DC Fast Charger Market

  • Rise in demand for vehicle electrification across the globe, due to enactment of stringent emission norms across the globe to reduce the emission of harmful gases from vehicles, is likely to boost the EV DC fast charger market across the globe. Increase in rate of adoption of electric vehicles fuels the demand for charging stations. This is anticipated to be a key factor that is likely to drive the EV DC fast charger market during the forecast period.
  • Rise in government investment to develop charging infrastructure across the globe is likely to fuel the EV DC fast charger market across the globe. Major vehicle manufacturers are trying to increase their electric vehicle power output, which is likely to boost the EV DC fast charger market across the globe.
  • The Coronavirus pandemic spread extensively across the globe between March and April 2020. Global automobile and related component production, import, and export, were heavily hit by the pandemic. Various governments in Europe, the Americas, and Rest of the world shut down manufacturing plants, as a result the forceful quarantine, in order to reduce the spread of the infections, which in turn is likely to hamper the EV DC fast charger market across the globe.

Europe & Asia Pacific to Hold Significant Share of Global EV DC Fast Charger Market

  • Europe is projected to hold for a major share of the global EV DC fast charger market due to a rise in the demand for electric vehicle across the region. Rapid expansion of electric vehicle component manufacturers across the region also boosts the EV DC fast charger market. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Robert Bosch GmbH and Infineon AG who have major facilities that undertake research & development on the electric vehicle charging, is likely to propel the EV DC fast charger market across the globe.
  • Followed by Europe, Asia Pacific is projected to hold a significant share of the global EV DC fast charger market due to an increase in production of electric vehicles across the region. Asia Pacific has major presence of electric vehicle parts manufacturing industries across China, India, and Japan, which is anticipated to propel the EV DC fast charger market in Asia Pacific.

Key Players Operating in EV DC Fast Charger Market

The EV DC fast charger market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the EV DC fast charger market are:

  • Bosch Automotive Service Solutions Inc.
  • ABB
  • Tesla
  • Alfen N.V.
  • Allego B.V.
  • Schneider Electric
  • Efacec
  • Delta Electronics Inc.
  • Signet EV Inc.
  • EVBox Inc.
  • Siemens AG
  • Star Charge Tesla Inc.
  • EVgo Services LLC
  • ChargePoint Inc.
  • Infineon AG
  • Mouser Electronics
  • Ather Energy
  • MYEV
  • Huawei Power Solutions

Global EV DC Fast Charger Market: Research Scope

Global EV DC Fast Charger Market, by Electric Vehicle Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

Global EV DC Fast Charger Market, by Vehicle Type

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Duty Trucks
  • Bus & Coach

Global EV DC Fast Charger Market, by Connector Type

  • Combined Charging System
  • CHAdeMO
  • Tesla Supercharger

Global EV DC Fast Charger Market, by Power Supply Range

  • 40-60 KW
  • >60 KW

Global EV DC Fast Charger Market, by End-use

  • Home Charging Unit
  • Public Charging Station

Global EV DC Fast Charger Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Nordic Region
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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EV DC Fast Charger Market