Robotic EV Fast-Charging Station: Introduction
- Robotic EV fast charging is a unit or device that helps to charge an electric vehicle. The various components for autonomous charging, including high power 360 degree connector, witness significant demand across the globe, which in turn is estimated to boost the robotic EV fast charging station market.
- Presently, charging an electric vehicle is a time-consuming process, which can be reduced considerably by utilizing a robotic EV charging station
Key Drivers of Global Robotic EV Fast-Charging Station Market
- Increasing in demand for electric vehicles across the globe is projected to boost the robotic EV fast-charging station market. Increase in government investment to develop charging infrastructure, which offers significant opportunities to various vehicle manufacturers to expand their business across the globe, is estimated to further propel the robotic EV fast-charging station market across the globe. In March 2019, electric vehicle manufacturer Tesla developed the world’s largest grid of connected batteries, which is anticipated to boost the robotic EV fast-charging station market across the globe.
- Rise in demand for robotic fast charging station to reduce the time taken to charge the vehicle is likely to fuel the robotic EV fast-charging station market. Increase in vehicle connectivity and most of the robots are connected via mobile application would help to connect the vehicle while charging the vehicle, which is likely to drive the robotic EV fast-charging station market across the globe.
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Europe and North America to hold prominent share of global robotic EV fast-charging station market
- Europe is projected to hold a major share of the global robotic EV fast-charging station market due to an increase in the demand for electric vehicles across the region. Stringent rules and regulations across the region regarding vehicle emission are likely to boost the robotic EV fast-charging station market in Europe. Furthermore, Europe has presence of major original equipment manufacturers as well as tier-1 suppliers including Robert Bosch GmbH and Siemens who have major facilities that undertake research and development on charging speed and cable connector type. This is anticipated to propel the robotic EV fast-charging station market in Europe.
- Followed by Europe, North America is projected to hold a significant share of the global robotic EV fast-charging station market due to the presence of developed countries including the U.S. and Canada who have invested majorly in the development of electric charging infrastructure. Government enacted various emission norms to reduce air pollution due to existing vehicles and to boost the transport have prompted industries to develop a charging infrastructure, which is likely to further boost the robotic EV fast-charging station market in North America.
Key Players Operating in Global Robotic EV Fast-Charging Station Market
The global robotic EV fast-charging station market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global robotic EV fast-charging station market are:
- BYD Auto
- Robert Bosch GmbH
- ABB Group
- VOLTERIO GmbH
- Blink Charging Co.
- Delta Electronics Inc.
- Charge Point Inc.
- Valent Power
- KUKA AG
- General Electric
- Eaton Corporation
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Global Robotic EV Fast-Charging Station Market: Research Scope
Global Robotic EV Fast-Charging Station Market, by Vehicle Type
- Passenger Vehicle
- Commercial vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Global Robotic EV Fast-Charging Station Market, by Connectivity
Global Robotic EV Fast-Charging Station Market, by End-user
Global Robotic EV Fast-Charging Station Market, by Charging Level
- Level 1
- Level 2
- Level 3
Global Robotic EV Fast-Charging Station Market, by Component
Global Robotic EV Fast-Charging Station Market, by Cable Connector Type
- Tesla SG
- Others(e.g. Typ1, Typ2)
Global Robotic EV Fast-Charging Station Market, by Electric Vehicle Type
- Battery Electric Vehicle
- Plug-in Hybrid Vehicle
- Hybrid Electric Vehicle
Global Robotic EV Fast-Charging Station Market, by Sales Channel
Global Robotic EV Fast-Charging Station Market, by Region
- North America
- Russia & CIS
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.