Germany EV Charging Station Market Growth, Size, Trends, Revenue, Share and Future Outlook
Germany EV Charging Station Market Size- By Type of Electric Vehicle, By Application, By Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: AMIN2431 | Pages: 1 - 103 | Formats*: |
| Category : Automotive & Transportation | |||
Germany EV Charging Station Market Introduction and Overview
According to SPER Market Research, the Germany EV Charging Station Market is estimated to reach USD 10.8 Billion by 2033 with a CAGR of 26%.
The report includes an in-depth analysis of the Germany EV Charging Station Market, including market size and trends, product mix, applications, and supplier analysis. Plug-in hybrids, electric cars, and neighbourhood EVS can all be charged using an EV charging station, which is a device that connects an EV to a power source. Favourable government regulations, rising electric vehicle ownership, and the country's advantageous development of the charging infrastructure are all contributing factors to the country's expanding need for EV charging stations. When it comes to the quantity of charging stations around Europe, Germany is a nation that stands out.
- April 2021: The largest public EV fast charging station in the European region will be located at the Kamener Kreus Autobahn Interchange thanks to a 52-point facility that EnBW (Energy Baden-Wurttemberg AG), a German electric utility company, announced in April 2021. Additionally, it was stated that the company invested roughly EUR 100 million annually to create 300–400 smaller charging stations throughout the region.
- July 2021: Volkswagen declared its intention to invest USD 86.3 billion for the advancement of electric vehicle production between 2021 and 2025. Furthermore, the business reported that by the end of 2021, 108,280 electric vehicles had been sold in Germany, with BEVs accounting for the majority of these sales.
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Market Opportunities and Challenges
The large automobile industry in Germany, which is fueled by the presence of numerous major international automakers including Mercedes, BMW, and Volkswagen, is the main driver of the market for electric vehicle charging stations. Additionally, the industry is expanding as a result of increasingly strict government restrictions aimed at achieving environmental goals. These rules and restrictions have led to an increase in the overall number of electric vehicles in the nation, with a greater stock of battery-electric vehicles than plug-in electric vehicles.
The demand for EV charging stations is rising as a result of supportive government policies, an increase in the ownership of electric vehicles, and the expansion of the nation's infrastructure for charging them. Germany is far ahead of the rest of Europe in terms of the number of charging station sites.
Nevertheless, there are obstacles to overcome, such as the requirement for large investments in developing the infrastructure for charging, attending to range anxiety issues, and guaranteeing network compatibility across various charging networks. In addition, obstacles to the widespread installation of EV charging stations include complicated regulations and limitations imposed by municipal planning. For the EV charging station industry in Germany to continue growing and succeeding, it is imperative that these obstacles be overcome while utilising government assistance and encouraging cooperation among players.
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Market Competitive Landscape
Morocco's Managed Security Services market is characterised by a dynamic competitive landscape. The major key players in the Germany EV Charging Station Market are: Allego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type Of Electric Vehicle, By Application, By Type |
| Regions covered | Baden-Württemberg, Bayern, Hessen, Niedersachsen, Nordrhein-Westfalen, Others |
| Companies Covered | Allego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta and others |
COVID-19 Impact on Germany EV Charging Station Market
The COVID-19 pandemic has given the German EV charging station business both chances and challenges. The deployment of charging infrastructure was initially slowed down by building projects and supply chain delays. Utilisation of electric vehicles temporarily decreased as a result of restricted mobility during lockdowns. Nonetheless, throughout the recovery period, the government's stimulus plans bolstered the electric vehicle industry and placed a greater focus on sustainable transportation. The need for EV charging stations is anticipated to increase as the nation navigates economic recovery, propelled by further initiatives to support green mobility and the general upsurge in the use of electric vehicles in Germany.
Key Target Audience
- Electric Vehicle Owners and Drivers
- Electric Utility Companies
- Automobile Manufacturers
- Fleet Owners and Managers
- Others
Our in-depth analysis of the Germany EV Charging Station Market includes the following segments:
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| By Application: |
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| By Type: |
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| By Region: |
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Key Topics Covered in the Report
- Germany EV Charging Station Market Size (FY’2023-FY’2033)
- Overview of Germany EV Charging Station Market
- Segmentation of Germany EV Charging Station Market By Type Of Electric Vehicle (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle)
- Segmentation of Germany EV Charging Station Market By Application (Public, Private)
- Segmentation of Germany EV Charging Station Market By Type (AC Charging, DC Charging)
- Statistical Snap of Germany EV Charging Station Market
- Expansion Analysis of Germany EV Charging Station Market
- Problems and Obstacles in Germany EV Charging Station Market
- Competitive Landscape in the Germany EV Charging Station Market
- Impact of COVID-19 and Demonetization on Germany EV Charging Station Market
- Details on Current Investment in Germany EV Charging Station Market
- Competitive Analysis of Germany EV Charging Station Market
- Prominent Players in the Germany EV Charging Station Market
- SWOT Analysis of Germany EV Charging Station Market
- Germany EV Charging Station Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Germany EV Charging Station Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Germany EV Charging Station Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Germany EV Charging Station Market
7. Germany EV Charging Station Market, By Type Of Electric Vehicle (USD Million)
7.1. Germany EV Charging Station Market Value Share and Forecast, By Type Of Electric Vehicle, 2023-20337.2. Battery Electric Vehicle (BEV)7.3. Plug-in Hybrid Electric Vehicle (PHEV)
8. Germany EV Charging Station Market, By Application (USD Million)
8.1. Germany EV Charging Station Market Value Share and Forecast, By Application, 2023-20338.2. Public8.3. Private
9. Germany EV Charging Station Market, By Type (USD Million)
9.1. Germany EV Charging Station Market Value Share and Forecast, By Type, 2023-20339.2. AC Charging9.3. DC Charging
10. Germany EV Charging Station Market Forecast, 2019-2033 (USD Million)
10.1. Germany EV Charging Station Market Size and Market Share
11. Germany EV Charging Station Market, By Type Of Electric Vehicle, 2019-2033 (USD Million)
11.1. Germany EV Charging Station Market Size and Market Share By Type Of Electric Vehicle (2019-2026)11.2. Germany EV Charging Station Market Size and Market Share By Type Of Electric Vehicle (2027-2033)
12. Germany EV Charging Station Market, By Application, 2019-2033 (USD Million)
12.1. Germany EV Charging Station Market Size and Market Share By Application (2019-2026)12.2. Germany EV Charging Station Market Size and Market Share By Application (2027-2033)
13. Germany EV Charging Station Market, By Type, 2019-2033 (USD Million)
13.1. Germany EV Charging Station Market Size and Market Share By Type (2019-2026)13.2. Germany EV Charging Station Market Size and Market Share By Type (2027-2033)
14. Germany EV Charging Station Market, By Region, 2019-2033 (USD Million)
14.1. Germany EV Charging Station Market Size and Market Share By Region (2019-2026)14.2. Germany EV Charging Station Market Size and Market Share By Region (2027-2033)14.3. Baden-Württemberg14.4. Bayern14.5. Hessen14.6. Niedersachsen14.7. Nordrhein-Westfalen14.8. Others
15. Company Profile
15.1. Allego GmbH
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Elektrotechnik GmbH & Co.
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. ChargePoint
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. Stadtwerke Lunen Charging
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. Tesla
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Volta
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
16. List of Abbreviations15.7. Others
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Germany EV Charging Station Market is projected to reach USD 10.8 billion by 2033, growing at a CAGR of 26% during the forecast period.
Germany EV Charging Station Market grew in Market size from 2022. The Market is expected to reach USD 10.8 billion by 2033, at a CAGR of 26% during the forecast period.
Germany EV Charging Station Market CAGR of 26% during the forecast period.
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Germany EV Charging Station Market size is USD 10.8 billion from 2023 to 2033.
Germany EV Charging Station Market Segment is covered By Type Of Electric Vehicle, By Application, By Type.
The Europe is anticipated to have the highest Market share in the Germany EV Charging Station Market.
The key players in the Market include Companies Covered Allego GmbH, Bals Elektrotechnik GmbH & Co., ChargePoint, Stadtwerke Lunen Charging, Tesla, Volta and others.
Plug-in hybrids, electric cars, and neighbourhood EVS can all be charged using an EV charging station, which is a device that connects an EV to a power source.
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