UAE Electric Vehicle Charging Equipment Market Growth, Size, Manufacturers and Future Trends
UAE Electric Vehicle Charging Equipment Market Size- By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: AMIN2350 | Pages: 1 - 106 | Formats*: |
| Category : Automotive & Transportation | |||
UAE Electric Vehicle Charging Equipment Market Overview
According to SPER Market Research, the UAE EV Charging Equipment Market is estimated to reach USD XX billion by 2032 with a CAGR of 35.76%.
In the United Arab Emirates, the industry that provides the infrastructure required to charge electric vehicles is referred to as the UAE electric vehicle (EV) charging equipment market. The market consists of businesses that manufacture, supply, set up, and maintain EV charging stations. Prior to ten years from the year of COVID-19, the UAE government has set a target of having at least one-tenth of all vehicles on the road be electric. This lofty objective has increased demand for EV charging equipment.
The industry is anticipated to expand rapidly in the upcoming years due to government incentives as well as the growing usage of electric vehicles. AC and DC chargers are the two primary categories of EV charging apparatus. While DC chargers are speedier and often located along major roads and highways, AC chargers are slower and are typically found in houses and public parking lots. Market share is being fought for by both domestic and foreign competitors, making it extremely competitive. Service providers that provide mobile charging solutions, which enable EV owners to charge their vehicles while on the go, are also present in the UAE market for EV charging equipment. Drivers who may not have access to a charging station or who must travel long distances may find these services to be especially helpful. Overall, as the nation continues to invest in electric vehicle infrastructure and encourage sustainable transportation, the EV charging equipment market in the UAE is expected to rise significantly over the next few years.
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Impact of COVID-19 on the UAE Electric Vehicle Charging System Market
The market for electric vehicle (EV) charging equipment in the UAE has been significantly impacted by the COVID-19 pandemic. The number of electric vehicles on the road decreased as a result of the lockdowns and limitations implemented to stop the virus's spread, which decreased the demand for charging infrastructure. Also, the pandemic's effects on the supply chain delayed installations and maintenance work related to the production and distribution of EV charging equipment. But, once the pandemic recedes and the economy starts to rebound, it is anticipated that demand for electric vehicles will increase once more, resulting in a surge in the need for EV charging infrastructure.
The UAE government has also kept up its investment in EV infrastructure and other sustainable transportation programmes, which is anticipated to help the industry grow even more. Also, the pandemic has emphasised the value of clean energy and sustainable transportation, raising awareness of and encouraging the use of electric vehicles and charging infrastructure. In conclusion, despite the short-term effects of the COVID-19 pandemic on the market for EV charging equipment in the UAE, the long-term view is still favourable, and in the following years, the market is anticipated to develop significantly.
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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 Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging. |
| Regions covered | Abu Dhabi, Dubai, Sharjah, Rest of UAE. |
| Companies Covered | ABB Industries (L.L.C.), Catec, Efacec Group, eMagine, FutureLink L.L.C (GreenParking), L-Charge, Orbix International LLC, Powertech Electrical Trading LLC, Regeny, Siemens LLC, V Charge Trading LLC. |
Key Target Audience
- Electric Vehicle Manufacturers
- Charging Equipment Manufacturers
- Governments and Municipalities
- Commercial Real Estate Developers
- Energy Companies
- Fleet Operators
- Individual Consumers
UAE Electric Vehicle Charging Equipment Market Segmentation:
1. By Vehicle Type:
- Passenger Car
- Commercial Vehicle
- Two-Wheeler
2. By Type:
- AC
- DC
3. By Charging Mode:
- Plug-In
- Wireless
4. By Installed Location:
- Commercial
- Residential
5. By Connector Type:
- Type 1
- Type 2
- UK 3-Pin
- CHAdemo
- CCS
- Others
6. By Type of Charging:
- Slow
- Fast
7. By Region:
- Abu Dhabi
- Dubai
- Sharjah
- Rest of UAE
Key Topics Covered in the Report:
- UAE Electric Vehicle Charging Equipment Market Size (FY’2019-FY’2032)
- UAE Electric Vehicle Charging Equipment Market Overview
- Segmentation of UAE EV Charging Equipment Market By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler)
- Segmentation of UAE Electric Vehicle Charging System Market By Type (AC, DC)
- Segmentation of UAE Electric Vehicle Charging Equipment Market By Charging Mode (Plug-In, Wireless)
- Segmentation of UAE EV Charging System Market By Installed Location (Commercial, Residential)
- Segmentation of UAE Electric Vehicle Charging Equipment Market By Type of Charging (Slow, Fast)
- Statistical Snap of UAE Electric Vehicle Charging Equipment Market
- Problems and Challenges in UAE Electric Vehicle Charging Equipment Market
- Competitive Landscape in the UAE EV Charging Equipment Market
- Details on Recent Investment in UAE Electric Vehicle Charging System Market
- Competitive Analysis of UAE Electric Vehicle Charging Equipment Market
- Key Players in the UAE Electric Vehicle Charging Station Market
- SWOT Analysis of UAE Electric Vehicle Charging Devices Market
- UAE Electric Vehicle 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 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 UAE Electric Vehicle Charging Equipment Market
5. Market variables 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 analysis
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 UAE Electric Vehicle Charging Equipment Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Electric Vehicle Charging Equipment Market
7. UAE Electric Vehicle Charging Equipment Market, By Vehicle Type, 2019-2032 (USD Million)
7.1 Passenger Car7.2 Commercial Vehicle7.3 Two-Wheeler
8. UAE Electric Vehicle Charging Equipment Market, By Type, 2019-2032 (USD Million)
8.1 AC8.2 DC
9. UAE Electric Vehicle Charging Equipment Market, By Charging Mode, 2019-2032 (USD Million)
9.1 Plug-In9.2 Wireless
10. UAE Electric Vehicle Charging Equipment Market, By Installed Location, 2019-2032 (USD Million)
10.1 Commercial10.2 Residential
11. UAE Electric Vehicle Charging Equipment Market, By Connector Type, 2019-2032 (USD Million)
11.1 Type 111.2 Type 211.3 UK 3-Pin11.4 CHAdemo11.5 CCS11.6 Others
12. UAE Electric Vehicle Charging Equipment Market, By Type of Charging, 2019-2032 (USD Million)
12.1 Slow12.2 Fast
13. UAE Electric Vehicle Charging Equipment Market, By Region, 2019-2032 (USD Million)
13.1 UAE Electric Vehicle Charging Equipment Size and Market Share by Region (2019-2025)13.2 UAE Electric Vehicle Charging Equipment Size and Market Share by Region (2026-2032)13.3 Abu Dhabi13.4 Dubai13.5 Sharjah13.6 Rest of UAE
14. Company Profiles
14.1 ABB Industries (L.L.C.)
14.1.1 Company details14.1.2 Financial outlook14.1.3 Product summary14.1.4 Recent developments
14.2 Catec
14.2.1 Company details14.2.2 Financial outlook14.2.3 Product summary14.2.4 Recent developments
14.3 Efacec Group
14.3.1 Company details14.3.2 Financial outlook14.3.3 Product summary14.3.4 Recent developments
14.4 eMagine
14.4.1 Company details14.4.2 Financial outlook14.4.3 Product summary14.4.4 Recent developments
14.5 FutureLink L.L.C (GreenParking)
14.5.1 Company details14.5.2 Financial outlook14.5.3 Product summary14.5.4 Recent developments
14.6 L-Charge
14.6.1 Company details14.6.2 Financial outlook14.6.3 Product summary14.6.4 Recent developments
14.7 Orbix International LLC
14.7.1 Company details14.7.2 Financial outlook14.7.3 Product summary14.7.4 Recent developments
14.8 Powertech Electrical Trading LLC
14.8.1 Company details14.8.2 Financial outlook14.8.3 Product summary14.8.4 Recent developments
14.9 Regeny
14.9.1 Company details14.9.2 Financial outlook14.9.3 Product summary14.9.4 Recent developments
14.10 Siemens LLC
14.10.1 Company details14.10.2 Financial outlook14.10.3 Product summary14.10.4 Recent developments
14.11 V Charge Trading LLC
14.11.1 Company details14.11.2 Financial outlook14.11.3 Product summary14.11.4 Recent developments
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. 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
UAE Electric Vehicle Charging Equipment Market is projected to reach USD XX billion by 2032, growing at a CAGR of 35.76% during the forecast period.
UAE Electric Vehicle Charging Equipment Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of 35.76% during the forecast period.
UAE Electric Vehicle Charging Equipment Market CAGR of 35.76% during the forecast period.
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UAE Electric Vehicle Charging Equipment Market size is USD XX billion from 2022 to 2032.
UAE Electric Vehicle Charging Equipment Market Segment is covered By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging.
The Middle East region is anticipated to have the highest market share in the UAE Electric Vehicle Charging Equipment Market.
The key players in the market include Companies Covered ABB Industries (L.L.C.), Catec, Efacec Group, eMagine, FutureLink L.L.C (GreenParking), L-Charge, Orbix International LLC, Powertech Electrical Trading LLC, Regeny, Siemens LLC, V Charge Trading LLC.
This lofty objective has increased demand for EV charging equipment. The industry is anticipated to expand rapidly in the upcoming years due to government incentives as well as the growing usage of electric vehicles.
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