Electric Vehicle Infrastructure Market is Poised to Grow at a CAGR of 27% during the Forecast Period of 2022-2031

“A research report on Electric Vehicle Infrastructure Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.

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Growth in adoption of electric vehicles across the globe is projected to drive expansion of global electric vehicle infrastructure market in the coming years. Increasing adoption of electric vehicles is projected to lead to development of electric vehicle infrastructure in order to address the growing requirement for charging infrastructure for increasing number of electric vehicles. The transportation sector accounted for over 20% share in carbon dioxide emissions, globally, and this can be reduced by promoting use of electric vehicles in place of conventionally fueled vehicles. Adoption of electric vehicles in developed nations is high due to higher per capita purchasing power. Increasing level of pollution creates a huge opportunity for adoption of electric vehicles and development of electric vehicle infrastructure.

According to “Global Electric Vehicle Infrastructure Market By Type, By Installed Location, By Region, Competition Forecast and Opportunities the global market for electric vehicle infrastructure is forecast to grow at a CAGR of over 27%, on account of favorable government policies that promote adoption of electric vehicles and growing concerns over harmful effects of air pollution. Additionally, grid integration of electric vehicles is projected to offer huge impetus to global electric vehicle infrastructure market in the coming years. Evolution of smart grid technologies and the concept of virtual power plants is forecast to further boost the global market for electric vehicles and its related charging infrastructure in the coming years. The option of power trading for electric vehicles owners is also expected positively influence the global electric vehicle infrastructure market during the forecast period. “Global Electric Vehicle Infrastructure Market By Type, By Installed Location, By Region, Competition Forecast and Opportunities discusses the following aspects of the global electric vehicle infrastructure market:

• Global Electric Vehicle Infrastructure Market Size, Share & Forecast
• Segmental Analysis – By Type (AC Charger & DC Charger), By Installed Location (Commercial & Residential); and By Region (North America, Europe & Asia-Pacific), & By Company
• Regional Analysis – North America, Europe & Asia-Pacific
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations

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