Study

Electric Vehicle Charging Services

Summary

Navigant Research believes the market for EV charging equipment will grow from today’s 152.6 million to 2.9 billion dollars by 2023. The report analyzes the global market for PEV charging equipment sales and charging services. The study covers the residential and commercial charging market segments and analyzes the potential uptake of alternating current (AC), direct current (DC), and wireless electric vehicle (EV) charging equipment. Global market forecasts for residential and commercial EVSE unit sales and revenue, broken out by region, charger type, and segment (residential, workplace, public, and private), extend through 2023. Forecasts of revenue from charging services and electricity demand are included, as well. The report also examines the different regional drivers and business models related to PEV charging and the key industry players within the competitive landscape.