New ARC Advisory Group research on the Electric Vehicle Supply Equipment (EVSE) market reveals a dynamic market that continues to evolve, develop, and expand.
“Without a doubt, electrification has become one of the most important trends in transportation today. Recent years have witnessed exponential growth in the sale of personal electric vehicles, and procurement announcements from the likes of UPS, Uber, and Alphabet’s Waymo suggest this excitement is making its way into commercial areas as well,” according to Eddie Fidler, Industry Analyst at ARC Advisory Group and key author of ARC’s Electric Vehicle Supply Equipment Global Market Research report.
“This myriad of vehicles going electric will need to be charged safely, effectively, and efficiently, especially as electrification intersects with the areas of renewable energy integration and power grid stability. Vehicles are going electric, and those suppliers best able to keep them charged and running will be riding in the front seat,” added Eddie.
About the Electric Vehicle Supply Equipment Market Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the electric vehicle supply equipment market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue type, and hardware type.
This new research is available as a Concise Market Analysis Report (PDF), providing an executive-level summary of the current market dynamics, market forecasts, supplier recommendations, and an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.