Dublin, April 26, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Electric Vehicle Charger market - By Type, End Use, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2015-2022)" report to their offering. Electric vehicle chargers are devices used to put electrical energy in rechargeable batteries present in cars by forcing electric current through it. These chargers vary from 1 kW to 7.5 kW maximum charging rate. Some use algorithm charge curves while others use constant voltage, constant current. These chargers either use AC(Alternating Current) or DC(Direct Current) or even Wireless. The electric vehicle charger market for the AC segment dominated the market with a massive 88.3% of the market share in 2015. By 2020, the AC electric vehicle charger market is expected to reach 17.56 million units, growing at a CAGR of 28.69% while the DC electric vehicle charger market is predicted to reach 2.13 million units, growing at a CAGR of 34.53%. The wireless chargers market is forecasted to grow at a CAGR of 31.14% during the period 2016-2022. The AC chargers dominate the market followed by the DC segment. The Wireless chargers are in their nascent stage and share only 3.1% of the market. The electric vehicle charger market is expected to grow significantly over the years as new electric cars are coming to the market. The highest growth is expected to be in USA (around 30%) followed by Asia-Pacific and Europe. In 2015, USA dominated the market with 43% of market share. The U.S. Environmental Protection Agency (EPA) categorizes battery electric vehicles (BEVs) as zero-emission vehicles because they produce no direct emissions and could significantly reduce the petroleum consumption as they don't consume any fuel. Further, BEVs have several other advantages such as comparatively longer driving range, smooth operation and less maintenance than combustion engine vehicles. The increasing electric vehicles drive the market for electric vehicle chargers. The infrastructure for charging stations is a major constraint. It is also risky to fix chord and charge the vehicle manually which also poses a threat to this industry. The key players in the global AC or DC electric vehicle charger market are ABB Ltd., Leviton Manufacturing Co. Inc., Plugin Now (Bosch Group), Evatran Group (Plugless), and Siemens AG. The major companies in the global wireless chargers market are Duracell Powermat, Fulton Innovation, Qualcomm and WiTricity, Texas Instruments and others. Nissan and BMW, in an effort to support Nissan LEAF and BMW i3 customers, respectively, are collaboratively working to set up public DC fast charging facilities at 120 locations across 19 states in the US. Key Topics Covered: 1. Research Methodology Executive Summary 2. Market Overview Definition Value chain analysis Porter's 5 Forces Regulations 3. Market Dynamics Introduction Drivers Constraints Opportunities 4. Global Electric Vehicle Charger market Segmentation, Forecasts and Trends - by Revenue 5. By Type AC DC Wireless by End Use Residential Commercial 6. By Region North America US Canada Europe UK France Spain Italy Others Asia Pacific China India Japan Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa United Arab Emirates Egypt Saudi Arabia South Africa Others 7. Vendor Market Share Analysis 8. Company Profiles ABB Siemens Evatran Leviton Plugin Now AddÉnergie AeroVironment POD Point Delphi Automotive Others 9. Industry Structure Industry M&As, Consolidations Investment Opportunities Global Electric Vehicle Charger Market- Road Ahead Tables Disclaimer For more information about this report visit http://www.researchandmarkets.com/research/9h...l_electric
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