EV DC Fast Charger Market
EV DC (electric vehicle direct current)
fast charger is a direct current fast charger built for recharging electric
vehicles. Electric vehicle chargers are prime components of the electric
vehicle charging station that supply electric energy to recharge the electric
vehicle. EV DC fast chargers recharge EVs
at a comparatively rapid pace than that of AC (alternating current) electric
vehicle chargers. EV DC chargers are able to recharge an electric vehicle
battery up to 80% of its capacity within 20 to 30 minutes.
Major
Key Players of the EV DC Fast Charger Market are:
ABB, TESLA, Efacec, Alfen N.V., Allego B.V., Bosch
Automotive Service Solutions Inc., and Schneider Electric.
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Deteriorating climate conditions around the
world owing to high carbon dioxide proliferation in the environment due to
transportation pollution, which is among the major contributor of carbon
dioxide emission, have led to the higher rate of adoption of electric vehicles
as a solution to curtail transportation pollution. Increase in rate of adoption
of electric vehicles fuels the demand for charging stations. This is
anticipated to be a key factor that is likely to drive the EV DC fast charger
market during the forecast period. EV DC fast charger transfers power with
higher efficiency as compared to other types of electric vehicle chargers.
However, the sluggish rate of AC charging
leads to longer queues, which hampers the growth of electric vehicle industry.
Introduction of EV DC fast charger, which charges EVs at a rapid rate, is
considered to be a boost to the EV industry. This, in turn, is projected to
drive the EV DC fast charger market during the forecast period. Furthermore,
regulatory bodies across the globe are spreading awareness and prompting
consumers to opt for ecofriendly vehicles in order to tackle and curb
environment emission by offering lucrative incentives on the installation of EV
charging infrastructure. This is another key factor that is anticipated to
propel the EV DC fast charger market during the forecast period. Higher cost of
EV DC fast charger due to its ability to charge an EV rapidly is likely to
hamper the EV DC fast charger market in the near future.
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analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru,
Chile, and others)
- Western Europe (Germany, U.K., France,
Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN,
Australia, and New Zealand)
- Middle East and Africa (GCC, Southern
Africa, and North Africa)
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In the end, EV DC Fast Charger industry
report specifics the major regions, market scenarios with the product price,
volume, supply, revenue, production, and market growth rate, demand, forecast
and so on. This report also presents SWOT analysis, investment feasibility
analysis, and investment return analysis.
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