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Europe AC Electric Vehicle Charging Station Market Size
- Report ID: GMI11070
- Published Date: Aug 2024
- Report Format: PDF
Europe AC Electric Vehicle Charging Station Market Size
Europe AC Electric Vehicle Charging Station Market was valued at USD 1.3 billion in 2023 and is likely to register 32.7% CAGR from 2024 to 2032. The expansion of regional electric vehicle markets coupled with economic factors promoting the adoption of electric vehicles will shape the business outlook. Market players are broadening their geographic presence and customizing their offerings to meet local market needs and preferences.
Economic factors including the total cost of ownership of EVs compared to internal combustion engine vehicles, electricity pricing, partnership & agreement, and infrastructure investment, play a significant role in market growth. For instance, in March 2024, Eaton Corporation partnered with ChargeLab on EV load management to provide software that creates a digital twin of existing electrical systems, thereby maximizing available electrical capacity.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe AC Electric Vehicle Charging Station Market Size in 2023: | USD 1.3 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 32.7% |
| 2024 – 2032 Value Projection: | USD 17.6 Billion |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 15 |
| Segments covered: | Type, Charging Site, & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe AC Electric Vehicle Charging Station Market Scope
