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Summary
The global electric vehicle (EV) charging station market has been experiencing significant growth since 2020, with the market in Italy also following a positive trend. In 2022, the global market was valued at $26.9 billion and is expected to grow at a compound annual growth rate (CAGR) of 29.1 percent, reaching $344.61 billion by 2032. Italy's market for charging stations was worth $88.5 million in 2020 and is projected to reach $176.9 million by 2027 with a CAGR of 10.4 percent. As of June 2023, totaling 45,210, exceeding 400,000 installations.
The public EV charging infrastructure along Italian highways has also grown by 80% since June 2022. These expansions are a response to the demand driven by the nearly 200,000 EVs on Italian roads as of mid-2023, the European mandate banning the sale of polluting cars from 2035, and the growing consumer interest in sustainability. Additionally, energy prices have been a concern, with household charging costs in Italy for electric vehicles rising from 0.2 to 0.53 euros per kW in 2021 and then falling to 0.36 euros per kW in 2023.
The Growing Demand for Electric Vehicle Charging
Stations in Italy Italy has been witnessing a significant rise in the demand for electric vehicle (EV) charging stations, fueled by an increased interest in sustainable mobility and electric car ownership. Within just a few years, the landscape of electric mobility infrastructure in the country has transformed, propelled by environmental concerns, economic factors, and supportive legislative measures. As of June 2023, Italy has seen a remarkable surge in public-use charging points, showing an increase of over 47.2% since 2020. This amounts to at least 45,000 public charging points, demonstrating a commitment to bolstering the country's charging infrastructure. The increase reflects the growing trend of electric car registrations, which added up to more than 30,000 units in the first half of 2023, marking an upward shift of nearly 32% compared to the previous year. The push towards a greener future is also visible in the substantial rise in private charging points. In 2023, the number of home charging stations soared drastically by around 700% compared to 2021, exceeding the 400,000 mark, clearly showcasing the growing consumer shift towards electric vehicle adoption for personal use. In terms of geographical distribution, the Northwest region boasts the highest concentration of charging stations with over 31% of the total, followed closely by the Northeast at 27%.
The Central region holds just below 22%, with the South and Islands trailing with approximately 12% and 8% respectively. Institutional support plays a pivotal role in shaping the electric mobility landscape. Italy's National Recovery and Resilience Plan has set aside around 750 million euros for the establishment of thousands of EV charging points, catering to both urban and highway needs. Moreover, the Italian government's Ecobonus incentives have spurred the installation of private charging stations, making them financially accessible to a wider range of citizens. Despite the positive trends, Italy still grapples with challenges such as the speed of charging and location distribution. Many charging points in the country offer power outputs between 7 and 22 kW, which is insufficient for rapid charging needs, especially on highways. Thus, there's an urgent call for upgrading these infrastructures to accommodate long-distance EV travel necessities. In conclusion, the Italian market for electric vehicle charging stations is on a steady climb. Driven by a collective awareness towards the environment, economic considerations, and a firm legislative framework, Italy is gradually paving the way towards a greener, more sustainable future with a robust electric vehicle charging network.
Key Players Shaping Italy's EV Charging Infrastructure Landscape
Italy's push towards eco-friendly transportation has catalyzed the growth of electric vehicle (EV) charging infrastructure. As the country gears up to meet the rising demand for EVs, several major players have come to the forefront, each contributing their unique solutions to ensure a seamless transition to electric mobility.
- NHOA Energy SRL Formerly known as Engie EPS, NHOA Energy emerges as a prominent force, offering cutting-edge charging services and technologies. They focus on synergy between EVs and the energy grid, providing products that encompass residential, business, and public charging needs.
- 3M Smart Mobility SRL Pioneering solutions for e-mobility, 3M Smart Mobility has a robust reputation for expertise in electric transportation. With their innovative Lynus8 project, they have made waves by creating patented systems for secure charging and parking of E-bikes, scooters, cars, and even boats.
- BLE SRL A multifaceted company, BLE SRL extends its expertise to the realm of power generation, including the automation of plant engineering and building retrofitting. Their ventures into E-mobility signal a move towards creating sustainable energy solutions beyond traditional scopes.
- A2A E-Mobility SRL With a clear vision of fostering a country-wide network of charging points, A2A E-Mobility has been propelling the electric revolution since 2010. They've committed to supplying 100% renewable energy to their network, catering to both slow city charging and fast, suburban charging necessities.
- DP Service Energy LTD DP Service Energy takes on the electric mobility challenge head-on as an integrated operator. Their goal is to build and maintain one of the largest public charging networks in Italy, ensuring that every station is supplied with green energy.
- ATME SPA Finally, ATME SPA offers comprehensive power supply solutions to its customers. Featured in their product lineup are the FREQCON ultra-fast charging stations (FCS), which marry power conversion technology with energy storage systems for unprecedented charging capabilities.
Each of these companies possesses its own unique strengths and areas of focus, playing integral roles in building Italy’s EV charging infrastructure. The convergence of innovation, sustainability, and strategic growth among these key players bodes well for the future of electric mobility in Italy.
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- Last update : 20/10/2023
Summary and extracts
1 Synthèse du marché
1.1 Introduction
Charging stations are essential access points for electric vehicles to regain power and extend their range.
In Italy, the market includes different types of offerings and products, including:
- Public charging stations: these stations are installed in public places that are accessible to all, such as public parking lots, gas stations and shopping centers. They can offer different types of charging connectors to suit various models of electric vehicles.
- Private charging stations: these stations are installed at private residences or businesses and allow electric vehicle owners to conveniently charge their vehicles at home or in the workplace.
- Fast charging stations: these stations are designed to provide fast charging for electric vehicles, greatly reducing charging times compared to conventional stations.
- Wireless charging stations: some charging stations use wireless charging technology, which allows electric vehicles to be charged without the use of cables or connectors.
The European Parliament approved a ban on the sale of polluting cars starting in 2035, thus encouraging the market for electric cars. In Italy, by 2022 there were 36,772 public charging points distributed in 19,334 columns, with an average of one charging point for every 5 electric cars. However, the distribution of infrastructure is uneven, with a greater concentration in the North of the country. Lombardy has the largest number of charging points, followed by Piedmont and Veneto. Along Italian highways, there are only 496 charging points, representing only1.3 percent of the total. The public charging network in Italy has expanded rapidly in recent years, with further investments planned in the National Recovery and Resilience Plan. However, a challenge remains the power of charging points, with most requiring several hours for a full battery recharge. Italy rankslast in Europe for the number of charging points in relation to population, with the Netherlands leading the way.[IlSole24Ore]
The global electric vehicle charging station market was worth $46.54 billion in 2022 and is expected to reach over $417.35 billion by 2030, with a compound annual growth rate(CAGR) of 31.5 percent from 2022 to 2030.[PrecedentResearch]
1.2 The global market
In ****, the global market related to electric vehicle charging stations is valued at $**.* billion. Between **** and ****, a compound annual growth rate of **.* percent is projected, which will lead the market to reach $***.** billion in value.
Market value of electric vehicle charging stations World, ****-****, billion dollars Precedenceresearch
The market related to ...
1.3 The Italian market
in ****, the market for charging stations was worth $**.* million in Italy. According to forecasts, by **** this market could be worth $***.* million as a result of a compound annual growth rate (***) of **.* percent over the ****-**** period.
Value of the electric vehicle charging station market Italy, ****-****, millions of dollars Knowledge-sourcing
As ...
1.4 Import - Export
Electric charging stations are devices that involve several assembly components. So, to understand the value of imports-exports related to them, reference is made to HS commodity code ****, which includes: electrical transformers, static converters and inductors. These are items closely related to charging stations, but also intended for many other applications... Italy ...
1.5 The impact of the Russian-Ukrainian conflict
The conflict that erupted in February **** also had serious repercussions for the electric vehicle charging market. While in **** a home refueling for *,*** kilometers of driving cost an average of ** euros for an electric subcompact car, in **** the price reached an average of ** euros. On an annual basis, the increase is *** percent, ...
2 Analyse de la demande
2.1 Demand in Italy
The demand for electric charging stations is directly related to the demand for electric vehicles, the only ones that need this refueling method, to which are added plug-in hybrid vehicles that can take advantage of both electric charging and traditional refueling via fuel.
There are just under ***,*** electric cars on the ...
2.2 Demand drivers
The demand for electric charging stations is directly related to the ownership of an electric vehicle (***), so the drivers impacting the market for such products in Italy are analyzed below.
Sustainable mobility is a factor that remains among the most influential in the choice to purchase an electric car. Buyers appear ...
2.3 The geographical distribution of demand
To visualize the geographical distribution of demand, a map was created with the number of public access charging stations in each Italian macro-region.
The Northwest of the country has the highest concentration of charging stations with **.* percent of the total while **.* percent are in the Northeast; followed by the Center with ...
2.4 New trends in demand
Sustainability as a way of life
Sustainability as a way of life is also reflected in some new trends that are beginning to emerge.
Drivers of electric vehicles are demanding dedicated rates from those providing charging services and also would be willing to travel longer distances to reach a station powered ...
3 Structure du marché
3.1 The market structure
the analysis of the size of the market related to electric charging stations is carried out on the basis of data belonging to the category related to ATECO code **** (***). Specifically, three different quantities are considered: number of active enterprises, number of employees, and legal form of enterprises.
Looking at the number ...
3.2 Value chain
3.3 Distribution
the percentage distribution of charging stations between public-use and private-use charging points is shown below.
Distribution of charging points between public and private Italy, ****, % sicurauto.it
In the first * months of ****, there was a huge increase in the number of electric charging points installed for domestic use: +***% compared to ****, reaching a ...
3.4 The main manufacturers
Some of the leading manufacturers of charging stations and wall boxes are shown in the table below in descending order by revenue.
NHOA ENERGY SRL: offers innovative charging services and devices for electric and hybrid vehicles, developing technology that enables energy exchange between vehicles and the power grid. Products cover residential, ...
4 Analyse de l'offre
4.1 Supply analysis
Electric cars can refuel at two macro-types of charging infrastructure:
private public
The types of devices are:
wallbox - charging unit that is installed on the wall, usually used for home or condominium use, but can also be used for public use charging tow ers - typically installed in public ...
4.2 The prices
The price of charging an electric car depends on many factors. In general, the cost is lower than the expense in fuel for endothermic vehicles, however, the differences between different electric vehicles and charging modes can be considerable. It is estimated that the average cost of recharging an electric car at ...
4.3 Supply trends
Given the ever-increasing popularity of electric cars, much attention is being paid to the charging service, which is affected by a number of new trends that industry players are developing.
The first concerns two-way charging, also known by the acronyms V*G (***). This is a type of charging in which energy ...
5 Règlementation
5.1 The legislation
Despite the fact that electric mobility in Italy has not yet reached the diffusion found in other European Union countries, the relevant regulatory framework is already clearly outlined, both with regard to the construction of infrastructure and its management and the way the service is offered. The most important regulatory references ...
5.2 The incentives
To incentivize citizens to purchase electric vehicles, the government has confirmed for the ****-**** biennium a bonus earmarked for the installation of electric columns. The application can be submitted from October ** to November *, ****. The deadline could be brought forward if the financial resources, which total ** million euros, are exhausted. The measure ...
6 Positionnement des acteurs
6.1 Segmentation
- 3M Smart Mobility SRL
- Ble SRL
- A2A E-mobility SRL
- DP Service Energy SRL
- Tesla
- ENEL X Italia SRL
- Nhoa Energy SRL
- Atme SPA
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The electric charging station market | Italy
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