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.
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.
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:
4. By Distribution Channel:
- Direct Sales
- Indirect Sales
5. By Sector:
6. By Region:
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 report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 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 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India EV Charging Equipment Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India EV Charging Equipment Manufacturing Base Distribution, Sales Area, Product Type
6.2 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 Chargers
8.2 Private Charging
8.3 Public Charging
9. India EV Charging Equipment Market, By Application, 2019-2032 (USD Million)
9.1 4W
9.2 3W
9.3 2W
10. India EV Charging Equipment Market, By Distribution Channel, 2019-2032 (USD Million)
10.1 Direct Sales
10.2 Indirect Sales
11. India EV Charging Equipment Market, By Sector, 2019-2032 (USD Million)
11.1 Organized
11.2 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 South
12.4 North
12.5 West
12.6 East
13. Company Profiles
13.1 ABB India
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 AEIDTH Technologies
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 Amplify Mobility
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 ChargeMOD
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 ChargeMyGaadi
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Delta Electronics
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 EVQpoint
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8 LUBI EV Solutions
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
13.9 Magenta Power
13.9.1 Company details
13.9.2 Financial outlook
13.9.3 Product summary
13.9.4 Recent developments
13.10 Mass-Tech
13.10.1 Company details
13.10.2 Financial outlook
13.10.3 Product summary
13.10.4 Recent developments
13.11 Okaya Power Group
13.11.1 Company details
13.11.2 Financial outlook
13.11.3 Product summary
13.11.4 Recent developments
13.12 P2 Power Solutions
13.12.1 Company details
13.12.2 Financial outlook
13.12.3 Product summary
13.12.4 Recent developments
13.13 PlugNGo
13.13.1 Company details
13.13.2 Financial outlook
13.13.3 Product summary
13.13.4 Recent developments
13.14 RRT Electro Power (P)
13.14.1 Company details
13.14.2 Financial outlook
13.14.3 Product summary
13.14.4 Recent developments
13.15 Uznaka Solutions
13.15.1 Company details
13.15.2 Financial outlook
13.15.3 Product summary
13.15.4 Recent developments
13.16 Volttic
13.16.1 Company details
13.16.2 Financial outlook
13.16.3 Product summary
13.16.4 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.
