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ChargePoint, Tesla, and EVBox held a significant market share of over 13% in 2023. ChargePoint is a leading entity in the EV charging infrastructure industry, featuring an extensive charging station network. Their robust, waterproof charging solutions are designed for various weather conditions. The company’s strategy includes global expansion, investment in R&D for advanced charging technologies, and partnerships with utilities and automakers.
ABB is known for its high-quality, reliable charging solutions with advanced features. Their waterproof charging piles are built for durability and performance in harsh conditions. The firm focuses on integrating smart technology into its solutions and expanding in emerging markets through strategic alliances and acquisitions.
Tesla designs and develops charging piles to withstand various weather conditions, including rain, snow, and flooding. The company uses high-grade waterproof materials and sealing technologies to protect critical components from water intrusion. Tesla's charging piles meet or exceed international water resistance standards, such as IP65 and IP66 ratings, ensuring safe operation in wet environments.
Major players operating in the electric vehicle waterproof charging pile industry are:
The residential segment accounted for over 45% market share in 2023, due to integration of EV charging piles with smart home technology and solar power systems.
The market size of electric vehicle waterproof charging pile reached USD 4.3 billion in 2023 and is set to grow at a CAGR of over 15.8% from 2024 to 2032, fueled by rising EV adoption, enhanced environmental awareness, and supportive government policies.
Key players in the market include ABB Ltd., ChargePoint, Inc., Eaton Corporation, EnelX S.p.A., Enphase Energy, Inc., EVBox B.V., and Tesla, Inc.
U.S. market with around 80% share in 2023 and is set to generate revenue of over USD 4.5 billion by 2032.