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NEW YORK, April 21, 2021 /PRNewswire/ The Electric Vehicle Charger Market report has been added to Technavio s library which consists of more than 17000 reports from 150+ industries.
The electric vehicle charger market is poised to grow by 18.5 million units between 2020-2024, progressing at a CAGR of almost 29% during the forecast period.
Technavio has announced its latest market research report Electric Vehicle Charger Market by End-user, Type, and Geography - Forecast and Analysis 2020-2024
Electric vehicles are getting adopted globally due to government initiatives to cut down the automotive emissions. Awareness about clean energy and lucrative incentives on the purchase of electric vehicles is also boosting the sale. Thus, growing sales of electric vehicles is a major factor driving the growth of the electric vehicle charger market.
The Electric Vehicle Charging Infrastructure Market report has been added to Technavio s library which consists of more than 17000 reports from 150+ industries.
Technavio has announced its latest market research report Electric Vehicle Charging Infrastructure Market by Type and Geography - Forecast and Analysis 2020-2024
The electric vehicle charging infrastructure market is poised to grow by USD 17.64 billion between 2020-2024, progressing at a CAGR of almost 52% during the forecast period.
The usage of EVs is heavily promoted by government bodies due to the growing concerns over environmental pollution and the depletion of conventional sources of energy. The sales of BEVs and PHEVs are at an all-time high because governments in various markets are providing subsidies and incentives for using EV charging solutions. This increase in sales of BEVs and PHEVs will boost the electric vehicle charging station market growth during the forecast period. Moreover, advances in