India EV Charging Equipment Market Growth, Trends, Share, Manufacturers and Future Competition
India EV Charging Equipment Market Size- By Type of Charger, By Type of Charging Stations, By Application, By Distribution Channel, By Sector - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: AMIN2330 | Pages: 1 - 103 | Formats*: |
| Category : Automotive & Transportation | |||
India EV Charging Equipment Market Overview
According to SPER Market Research, the India EV Charging Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
The electric vehicle (EV) charging equipment market in India is growing at a rapid pace as the country is undergoing a shift towards sustainable and green transportation. With the increasing number of electric vehicles on the roads, the demand for EV charging infrastructure is also increasing. The Indian government has launched several initiatives and schemes to promote the use of electric vehicles and encourage the installation of charging stations across the country. The market for EV charging equipment in India is expected to grow significantly in the coming years due to the increasing adoption of EVs, supportive government policies, and the rise in consumer awareness about the benefits of EVs.
Moreover, the growing need for clean and sustainable transportation, along with the rapid growth of the automotive industry, is further expected to drive the market. Various companies, both domestic and international, are investing in the EV charging equipment market in India, offering a range of charging solutions including fast charging, slow charging, and battery swapping stations. The market is characterized by the presence of both large multinational corporations as well as small and medium-sized enterprises. Overall, the EV charging equipment market in India presents a huge growth opportunity for investors and players in the industry, as the demand for sustainable transportation continues to rise.
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Impact of COVID-19 on the India EV Charging Equipment Market
The COVID-19 pandemic has had a significant impact on the electric vehicle (EV) charging equipment market in India. The lockdowns and restrictions implemented to control the spread of the virus resulted in a slowdown in the economy and disrupted the supply chain of EV charging equipment. This led to a decrease in the demand for EV charging equipment and a slowdown in the installation of new charging stations.
However, despite these challenges, the EV charging equipment market in India has shown resilience and is expected to bounce back in the post-pandemic era. The Indian government has announced several measures to support the growth of the EV sector, including tax benefits, subsidies, and the setting up of charging infrastructure. This is expected to drive the growth of the EV charging equipment market in the coming years.
Moreover, the pandemic has also led to a shift in consumer preferences, with more people opting for personal mobility solutions such as EVs. This increased demand for EVs is expected to drive the growth of the EV charging equipment market in India, as more charging stations will be needed to support the growing number of EVs on the roads.
In conclusion, the COVID-19 pandemic has had a short-term impact on the EV charging equipment market in India, but the market is expected to bounce back and grow in the post-pandemic era, driven by supportive government policies, the increasing demand for EVs, and the need for clean and sustainable transportation.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type of Charger, By Type of Charging Stations, By Application, By Distribution Channel, By Sector |
| Regions covered | South, North, East. West |
| Companies Covered | ABB India, AEIDTH Technologies, Amplify Mobility, ChargeMOD, ChargeMyGaadi, Delta Electronics, EVQpoint, LUBI EV Solutions, Magenta Power, Mass-Tech, Okaya Power Group, P2 Power Solutions, PlugNGo, RRT Electro Power (P), Uznaka Solutions Pvt. Ltd., Volttic |
Target Audience-
- EV Manufacturers
- EV Dealers/Distributors
- Fleet Aggregators
- Government Agencies
- Automobile Consultants
- Multiple Unit Dwellings and Transport Infrastructure
India EV Charging Equipment Market Segmentation:
1. By Type of Charger:
- Fast (DC Chargers)
- Slow (AC Chargers)
2. By Type of Charging Stations:
- Portable Chargers
- Private Charging
- Public Charging
3. By Application:
- 4W
- 3W
- 2W
4. By Distribution Channel:
- Direct Sales
- Indirect Sales
5. By Sector:
- Organized
- Unorganized
6. By Region:
- South
- North
- West
- East
Key Topics Covered in the Report:
- India EV Charging Equipment Market Size (FY’2019-FY’2032)
- Overview of India EV Charging Equipment Market
- Segmentation of India EV Charging Equipment Market By Type of Charger {Fast (DC Chargers), Slow (AC Chargers)}
- Segmentation of India EV Charging Equipment Market By Type of Charging Station (Portable Chargers, Private Charging, Public Charging)
- Segmentation of India EV Charging Equipment Market By Application (4W, 3W, 2W)
- Segmentation of India EV Charging Equipment Market By Distribution Channel (Direct Sales, Indirect Sales)
- Segmentation of India EV Charging Equipment Market By Sector (Organized, Unorganized)
- Statistical Snap of India EV Charging Equipment Market
- Growth Analysis of India EV Charging Equipment Market
- Problems and Challenges in India EV Charging Equipment Market
- Competitive Landscape in the India EV Charging Equipment Market
- Impact of COVID-19 and Demonetization on India EV Charging Equipment Market
- Details on Recent Investment in India EV Charging Equipment Market
- Competitive Analysis of India EV Charging Equipment Market
- Key Players in the India EV Charging Equipment Market
- SWOT Analysis of India EV Charging Equipment Market
- India EV Charging Equipment Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the India EV Charging Equipment Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 India EV Charging Equipment Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India EV Charging Equipment Market
7. India EV Charging Equipment Market, By Type of Charger, 2019-2032 (USD Million)
7.1 Fast (DC Chargers)7.2 Slow (AC Chargers)
8. India EV Charging Equipment Market, By Type of Charging Stations, 2019-2032 (USD Million)
8.1 Portable Chargers8.2 Private Charging8.3 Public Charging
9. India EV Charging Equipment Market, By Application, 2019-2032 (USD Million)
9.1 4W9.2 3W9.3 2W
10. India EV Charging Equipment Market, By Distribution Channel, 2019-2032 (USD Million)
10.1 Direct Sales10.2 Indirect Sales
11. India EV Charging Equipment Market, By Sector, 2019-2032 (USD Million)
11.1 Organized11.2 Unorganized
12. India EV Charging Equipment Market, By Region, 2019-2032 (USD Million)
12.1 India EV Charging Equipment Shipments Market Size and Market Share by Region (2019-2025)12.2 India EV Charging Equipment Shipments Market Size and Market Share by Region (2026-2032)12.3 South12.4 North12.5 West12.6 East
13. Company Profiles
13.1 ABB India13.1.1 Company details13.1.2 Financial outlook13.1.3 Product summary13.1.4 Recent developments13.2 AEIDTH Technologies13.2.1 Company details13.2.2 Financial outlook13.2.3 Product summary13.2.4 Recent developments13.3 Amplify Mobility13.3.1 Company details13.3.2 Financial outlook13.3.3 Product summary13.3.4 Recent developments13.4 ChargeMOD13.4.1 Company details13.4.2 Financial outlook13.4.3 Product summary13.4.4 Recent developments13.5 ChargeMyGaadi13.5.1 Company details13.5.2 Financial outlook13.5.3 Product summary13.5.4 Recent developments13.6 Delta Electronics13.6.1 Company details13.6.2 Financial outlook13.6.3 Product summary13.6.4 Recent developments13.7 EVQpoint13.7.1 Company details13.7.2 Financial outlook13.7.3 Product summary13.7.4 Recent developments13.8 LUBI EV Solutions13.8.1 Company details13.8.2 Financial outlook13.8.3 Product summary13.8.4 Recent developments13.9 Magenta Power13.9.1 Company details13.9.2 Financial outlook13.9.3 Product summary13.9.4 Recent developments13.10 Mass-Tech13.10.1 Company details13.10.2 Financial outlook13.10.3 Product summary13.10.4 Recent developments13.11 Okaya Power Group13.11.1 Company details13.11.2 Financial outlook13.11.3 Product summary13.11.4 Recent developments13.12 P2 Power Solutions13.12.1 Company details13.12.2 Financial outlook13.12.3 Product summary13.12.4 Recent developments13.13 PlugNGo13.13.1 Company details13.13.2 Financial outlook13.13.3 Product summary13.13.4 Recent developments13.14 RRT Electro Power (P)13.14.1 Company details13.14.2 Financial outlook13.14.3 Product summary13.14.4 Recent developments13.15 Uznaka Solutions13.15.1 Company details13.15.2 Financial outlook13.15.3 Product summary13.15.4 Recent developments13.16 Volttic13.16.1 Company details13.16.2 Financial outlook13.16.3 Product summary13.16.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. 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
India EV Charging Equipment Market is projected to reach USD XX billion by 2032, growing at a CAGR of XX% during the forecast period.
India EV Charging Equipment Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of XX% during the forecast period.
India EV Charging Equipment Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
India EV Charging Equipment Market size is USD XX billion from 2022 to 2032.
India EV Charging Equipment Market Segment is Covered By Type of Charger, By Type of Charging Stations, By Application, By Distribution Channel, By Sector.
The Asia Pacific region is anticipated to have the highest market share in the India EV Charging Equipment Market.
The key players in the market include Companies Covered ABB India, AEIDTH Technologies, Amplify Mobility, ChargeMOD, ChargeMyGaadi, Delta Electronics, EVQpoint, LUBI EV Solutions, Magenta Power, Mass-Tech, Okaya Power Group, P2 Power Solutions, PlugNGo, RRT Electro Power (P), Uznaka Solutions Pvt. Ltd., Volttic.
The market for EV charging equipment in India is expected to grow significantly in the coming years due to the increasing adoption of EVs, supportive government policies, and the rise in consumer awareness about the benefits of EVs.
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