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Summary
The global market for electric vehicle (EV) charging stations, valued at $19.67 billion in 2022, is projected to expand at a CAGR of 25.5% until 2030. In 2022, over 900,000 public charging points were installed, showing a 55% increase from the previous year and returning to pre-pandemic growth rates. China leads globally with over 1.76 million stations, while Europe is seeing rapid growth, aiming to significantly increase the number of charging points. In France, the number of EVs surged from 62,000 in 2019 to 340,000 in 2022, with the market share of electric cars rising to 21%.
Government initiatives, such as the Advenir program with a budget of 320 million euros, aim to support the installation of 100,000 charging points by 2025. Regulations are pushing for electric mobility, with targets for new zero-emission vehicles by 2040 and a European ban on new gasoline- and diesel-powered vehicles from 2035. Demand for charging infrastructure is thus closely aligning with the growing adoption of electric vehicles and strong legislative support.
Trends in the Vehicle Charging Station Market
The vehicle charging station market in the mentioned country is experiencing rapid growth, propelled by the rising demand for electric and plug-in hybrid vehicles. Over recent years, this surge in demand has led to significant changes in market dynamics, as well as a substantial increase in both public and private charging infrastructure spread across the country. As electric and hybrid vehicle registrations soar, the need for adequate charging stations becomes more apparent.
The country has observed a significant leap from approximately 62,000 electric cars sold in one year to around 185,000 in the following year, heading towards an expected registration of between 300,000 and 400,000 by another subsequent year. This increase in electric vehicle adoption is reflective of a growing environmental consciousness and the influence of supportive regulations.
From the perspective of infrastructure, the majority of installed charging stations offer power ratings of less than 22 kW, catering to the prevalent need for slow and steady charging solutions. However, hastening the development of public fast-charging infrastructure is crucial to match the evolving needs of electric vehicle users and mitigate "range anxiety."
The government has played a pivotal role in fostering this growth through various initiatives and subsidies that encourage the installation of charging stations. Specific programs have been set up that target the expansion of private charging points in homes and businesses, as well as public charging infrastructure. Financial support schemes have seen tens of millions invested, aiding the installation of over 20,000 charging points.
Furthermore, legislative measures have been introduced to ensure a steady transition to electric mobility. Ambitious targets for the deployment of millions of charging points by a certain year enforces the national agenda of a green transition.
Additionally, policies like quotas for low-emission vehicles in corporate and public fleets underpin the future growth of the electric vehicle market. Despite active development and user satisfaction remaining consistently high at around 83%, there are challenges to overcome.
The utilization rates of existing charging sites have seen a decline across various categories and customer feedback points towards the need for improvement in service quality, particularly in terms of data reliability and the frequency of encountering out-of-service chargers.
As we transition towards a greener, electrified mode of transportation, it is evident that both supply and demand within the vehicle charging station market are scaling up. With the backing of government initiatives and an increasing population of electric vehicles, the market is poised for further expansion and evolution.
The country's goal of attaining a significant percentage of zero-emission vehicles by the mid-21st century is becoming more attainable as the infrastructure.
Key Players Shaping the Electric Vehicle Charging Station
Landscape As nations worldwide grapple with environmental concerns and actively transition towards cleaner energy resources, the electric vehicle (EV) charging station market has seen an influx of dynamic players. These organizations are not just contributing to the infrastructure but are also significantly shaping user experiences and technological advancements within the industry.
**ABB Ltd:** Renowned for its pioneering technology, ABB Ltd has secured a strong foothold in the EV charging market. Their portfolio spans from simple wall-mounted charging points for home use to sophisticated quick charging stations for commercial use. ABB's fast chargers have become a common sight in public places, with their Terra series known for high reliability and advanced connectivity features.
**Siemens AG:** Another giant known for quality and innovation, Siemens AG offers a comprehensive range of electric charging solutions including the VersiCharge line of AC chargers and the SICHARGE series for DC fast charging. As a technology leader, Siemens emphasizes smart energy distribution and user-friendly charging station operation, which aligns with the global push for sustainable mobility solutions.
**ChargePoint, Inc:** As one of the largest charging station networks, ChargePoint's contribution to the market is considerable. They offer an integrated array of products, from residential chargers to commercial and fleet charging stations, along with a range of services tailored to optimize charging operations. The versatility of their charging solutions coupled with an emphasis on a seamless user experience has established ChargePoint as a customer-favorite brand.
**Tesla, Inc:** Tesla is synonymous with the electric vehicle revolution, and its charging network, the Supercharger, has set the bar for rapid charging. These stations are strategically placed to enable long-distance travel and are designed exclusively for Tesla vehicles, ensuring a high-speed charging experience for Tesla owners. Alongside, their Destination Charging network provides convenient charging at locations where Tesla drivers are likely to stay for longer durations.
**Schneider Electric:** With a focus on sustainability and energy efficiency, Schneider Electric offers the EVlink range of charging stations that caters to residential, commercial, and public use. They specialize in integrating EV charging into energy management systems, providing not just equipment but also smart solutions for energy optimization.
**Ionity:** A joint venture between BMW Group, Ford Motor Company, Mercedes Benz AG, and Volkswagen Group with Audi & Porsche, Ionity is committed to establishing a high-power charging network across Europe. Their focus is on ultra-fast charging technology that significantly reduces charging time, supporting long-distance travel for EVs.
**Allego:** Allego is another actor of the market.
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Detailed content
Inforamtion
- Number of pages : 30 pages
- Format : Digital and PDF versions
- Last update : 10/01/2024
Summary and extracts
1 Market overview
1.1 Definition and scope of the study
A vehicle charging station is an infrastructure equipped with one or more charging points for recharging electric vehicles. It comprises the space needed to park a vehicle and other components, such as a charge management cabinet.
Worldwide, the market was valued at $19.67 billion in 2022, and is expected to grow at a CAGR of 25.5% until 2030. The countries with the largest number of charging stations are China, the USA and South Korea, with France occupying 5ᵉ position in the global ranking. However, when we look at the density of the charging station network, we see that it is the Netherlands and Norway that are ahead of the other countries. In Europe, the number of charging stations is rising ste adily, thanks to strong public policy incentives and the prospect of electric car sales far outstripping those of conventional cars in the medium term.
In France, the number of charging points has been rising sharply, particularly since 2020. The vast majority of these charging points are privately owned, with the remainder held by businesses. Demand is being driven by the recent surge in the number of electric and plug-in hybrid vehicles, which will account for 21% of the market by 2022. Territorial coverage of electric charging infrastructure is becoming an increasingly important issue for public authorities and automotive and energy companies.
The players' business model remains fragile, with profitability affected by increased competition. Players in the sector need to reach a significant critical mass to generate profits, as margins are still very low. If many players are positioning themselves in this promising market today, we can imagine that there will be a concentration phenomenon.
1.2 The global market
The global market for electric charging stations was estimated at $**.** billion in ****, and is expected to grow at a CAGR of **.*% to ****.
Projected development of the global market for electric charging stations World, **** - **** Source: ****
Currently, the majority of electric vehicle (***) charging needs are met by home chargers. However, to achieve ...
1.3 The European market in the process of structuring
The European Union's aim is to create a dense network of charging points for electric vehicles, comparable in convenience to those for gasoline-powered cars. A provisional agreement was reached on March **, **** to update EU rules on alternative fuel infrastructure. The agreement calls for the installation of fast charging stations (***) every ** km ...
1.4 A flourishing French market
In ****, the number of public charging points in France exceeded **,***, marking a significant ***% increase on ****. In the first five months of ****, more than **,*** new charging points were installed, meeting and exceeding the long-awaited target of ***,*** charging points[***].
The "***,*** charging points plan", launched by the government in ****, aimed to set up ***,*** public ...
2 Demand analysis
2.1 Terminal demand and its determinants
Demand for electric charging stations in France is growing rapidly. To meet demand from the *.* million electric vehicles expected to be on the roads of mainland France by ****, the number of public charging stations will need to rise to ***,*** by ****. This expansion will include both public and private charging infrastructures. It ...
2.2 Growth in the number of electric cars in France
Despite a slow start due to factors such as high cost, lack of recharging infrastructure and limited public understanding, the number of electric vehihicles registered in France rose sharply during ****, despite the pandemic, the economic crisis and the shortage of semiconductors[***]. As shown in the graph below, the number of electric ...
2.3 A network of charging stations that is expanding, but still unevenly distributed
Initially scheduled for completion by the end of ****, the French government's objective of deploying ***,*** electric charging stations across the country has been postponed to **** due to the economic climate. The government's aim is to enable drivers to recharge their vehicles to **% in ** minutes, encouraging new habits that are more respectful of ...
2.4 Service to be improved
Afirev (***) has been publishing quality results for the French public charging network every year since ****. We will use these results in this section to estimate user satisfaction.
level of use of public charging sites in **** France, **** - ****, in Source: ****
The graph above shows that utilization rates are falling across all charging ...
3 Market structure
3.1 Intervenants sur le marché des bornes de recharge
Le premier type d’acteur intervenant dans la chaîne de valeur des bornes de recharge électriques est le fabricant. Le marché des bornes de recharge fait également intervenir d'autres types d'acteurs. Le tableau suivant donne un aperçu des différentes catégories d’entreprises et de leur activité sur ...
3.2 Government assistance plans
Advenir program:
Created in ****, the Advenir program is steered by Avere-France and aims to install charging stations using the concept of energy certificates, and in particular to finance ***,*** new charging points by ****, with a budget of *** million euros.
The scheme offers a range of incentives for the installation of charging points. ...
3.3 Un paysage entrepreneurial français dynamique
Le segment de l’exploitation des bornes a vu apparaître un nombre important de startups avec un grand nombre de levées de fonds effectués par des entreprises proposant une grande variété de services. Le tableau suivant en donne un aperçu.
Zoom sur les fabricants de bornes ...
4 Offer analysis
4.1 Typology of terminals available in France
With regard to plugs for recharging electric and hybrid vehicles, the European Commission has designated the following two standards:
Type * for alternating current (***) charging at slow and accelerated charging stations; Combo CCS (***) charging at fast and ultra-fast charging stations.
The following chart shows the breakdown of charging stations open to the ...
4.2 Price overview
First of all, an electric vehicle can be recharged at an outdoor charging station using the following access methods:
access badge, which may be specific to a network of charging stations or managed by a third-party service (***) ; SMS or interactive voice server; credit card; application or QR code (***); directly from the ...
5 Regulations
5. Current regulations on charging stations
The French Ministry of Ecological Transition and Solidarity (***) includes the following provisions concerning charging stations:
The government has introduced a series of measures to promote the deployment of charging infrastructure for electric vehicles. These measures focus on three main areas:
support for infrastructure installation, regulation, promotion of electric vehicles.
According to ...
6 Positioning the players
6. Segmentation
- Total Energies
- Schneider Electric
- Bouygues Energie et Service (Equans)
- Engie
- Ionity
- Legrand Groupe
- Nexans groupe
- Indigo Parking Group
- ZePlug
- Ziggy (Ford)
- Powerdot
- Wattpark
- ZE-Watt
- Grolleau
- E-Totem
- Izivia (EDF)
- Driveco
- Electric 55 Charging
- Enedis
- Rexel
- Mobilize (Renault Groupe)
- Ortec Group
- Swish
- Time2plug
- Easy Charge (Vinci)
- Logivolt
- SPIE
- Siemens
- DBT-CEV Groupe
- Tesla
- EDF
- Mob-Energy
- Freshmile
List of charts
- Ranking of countries with the most charging stations for electric vehicles
- Global market forecast for electric charging stations
- European network of public charging stations
- Growth in the number of electric cars in Europe
- Trend in the number of charging stations in Europe
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Latest news
Schneider Electric has had the best year in its history - 16/02/2024
- Net profit: 4 billion euros.
- Sales: 36 billion euros.
- Revenue growth: 13%.
- Order book for 2024: over 19 billion euros.
- Market share in electrical infrastructure for data centers: 21% in 2023.
- Hiring planned as part of this R&D investment: 6,000 people.
- Sales in the United States: over €10 billion.
- Schneider market capitalization: over 100 billion euros.
Nexans completes the acquisition of La Triveneta Cavi, Italy's iconic cable company - 11/02/2024
- Nexans is a global giant in the manufacture of electrical cables.
- Triveneta Cavi, an Italian company specializing in low-voltage cables, is about to be acquired by Nexans.
- This acquisition should bring Nexans more than 800 million euros in additional sales.
- The deal will add four new sites to Nexans, which already owns three. Triveneta Cavi is present in 30 countries and has 700 employees.
- Worldwide demand for fire safety cables is expected to grow by +13% between 2021 and 2030.
- French plants account for 27% of the drop in electricity consumption in France.
Service stations: TotalEnergies finalizes agreement with Couche-Tard for 3.4 billion euros - 04/01/2024
- Assets acquired by Couche-Tard: 100% of TotalEnergies service stations in Germany (1191 stations) and the Netherlands (378 stations).
- Joint venture in Belgium and Luxembourg: TotalEnergies (40%) and Couche-Tard (60%) to operate 606 service stations.
- Supply by TotalEnergies for at least five years.
- TotalEnergies has already sold its service station networks in Italy, Switzerland and the UK since 2015.
Service stations: TotalEnergies finalizes agreement with Couche-Tard - 04/01/2024
- Sale of service stations by TotalEnergies to the Couche-Tard group: 3.4 billion euros
- Total number of retail sites acquired by the Quebec group: 2,175
- In Germany: 1,191 -
- Belgium: 562
- Netherlands: 378 -
- Luxembourg: 44
- TotalEnergies will retain 40% of the assets in Belgium and Luxembourg, which will be managed as a joint venture
- TotalEnergies will supply these service stations for at least 5 years
- The Canadian retail, food and fuel group Couche-Tard operates over 16,700 stores in 29 countries and employs over 150,000 people worldwide
Logivolt presents its charging solution for condominiums - 29/12/2023
- Logivolt has inaugurated its 330th infrastructure of electric charging stations in the Seine-Saint-Denis department.
- France aims to produce 2 million electric vehicles over the next 7 years.
- It is estimated that only 2% of condominiums were equipped with a recharging infrastructure by 2022.
Tesla: green light from China for Elon Musk's giant battery factory - 22/12/2023
- Tesla has signed an agreement to acquire land on the outskirts of Shanghai to build a giant battery factory.
- This is their second factory in China's economic capital, the first being an automotive gigafactory installed in 2019.
- Construction of the battery plant is due to start in the early months of 2024, with commissioning scheduled for the end of next year.
- It is to have a production capacity of 10,000 batteries a year.
- The "Megapacks" business accounted for just 5% of Tesla's sales at the start of 2023, but recorded a 40% increase in sales in 2022, reaching $3.9 billion.
- Tesla installed Megapack batteries totaling 6.5 gigawatt-hours in 2021
- China asserts itself as world leader in renewable energies
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the market for electric charging stations | France
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