The Business Research Company’s Electric Vehicle Charging Stations Global Market Report 2020-30: Covid 19 Growth And Change. The report covers market size, key players, market share and trends to 2030.
Electric Vehicle Charging Stations Global Market Report 2020-30: Covid 19 Growth And Change is one of a series of new reports from The Business Research Company that provide Electric Vehicle Charging Stations market overviews, analyze and forecast market size and growth for the whole market, Electric Vehicle Charging Stations market segments and geographies, Electric Vehicle Charging Stations market trends, Electric Vehicle Charging Stations market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read More On The Electric Vehicle Charging Stations Market Here – https://www.thebusinessresearchcompany.com/report/electric-vehicle-charging-stations-global-market-report
The electric vehicle charging station market consist of sales of electric vehicle charging services. Electric vehicle charging stations provides charging facility to electric vehicles through alternating current (AC) and direct current (DC) charging. AC charging station consists of level 1 and level 2 charging. Level 1 charging station uses 120V AC current, level 2 Charging station uses 240V AC current to charge the vehicles. Whereas the DC charging station also known as Level 3 charging station uses 480V DC current to charge the EVs.
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The global electric vehicle charging stations market is expected to grow from $6.4 billion in 2019 to $6.5 billion in 2020 at a compound annual growth rate (CAGR) of 2.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 36% from 2021 and reach $15 billion in 2023.
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