Electric Vehicle Charging Outlets Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025

The global report on Electric Vehicle Charging Outlets Market, published by UnivDatos Market Insights (UMI) forecasts the number of EV charging outlets to reach 18.81 billion by 2025 showcasing a CAGR of 25% during the forecast period (2018-2025). Enormously high EV adoption paired with governmental support through policies, incentives, subsidies and investments are attributed to be the primary factors driving the adoption and installation of electric vehicle and EV charging outlets respectively. Based on the deployment type, the EV charging outlets are classified as public and private EV charging outlets. Private EV charging outlets are installed at home, commercial building, shopping malls and private parking spaces among others. Private charging outlets dominate the market at present. The increased ownership of EVs and lack of public EV chargers are the major factors for the dominance of private EV charging outlets. However the legislative bodies have agreed that the green mobility is possible only with the sufficient availability of the charging systems at public locations, hence they ramped up the investments and partnerships with equipment suppliers and automotive OEMs. As a result of which the number of public EV charging outlets is expected to grow at a CAGR of 26.1% during the forecast period.

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In addition to this, the time taken to charge a fully depleted EV battery depends on the type of charger used to charge the battery. Slow and fast chargers are the different type of chargers available at private and public locations. Slow charging outlets typically take 4-12 hours to charge the EV batteries. In spite of the long charging time, slow chargers are the preferred charging units in the EV industry due to the convenience and low cost. On the other side, in the past few years, fast chargers have also gained popularity due to lesser charging time. Hence, local governments have set targets to increase the fast chargers in their respective countries. Slow chargers are expected to dominate the market however due to the increase in governmental efforts, fast chargers are expected to grow at highest CAGR of 37.1% during the forecast period.

The slow chargers can further be bifurcated into level 1 and level 2 chargers. These chargers differ in the electrical specifications and charging time. For instance, Level 1 chargers require a power level of up to 1.8kW and take approximately 8-12 hours to charge the EV battery. While level 2 chargers require a power level of up to 19.2kW and take approximately 4 to 6 hours of charging time. Another level of charging is level 3 chargers which falls under fast chargers. These chargers take very less charging time, i.e., 20 to 30 minutes to charge a fully depleted EV battery. Among all charger type level 2 chargers dominated the market in 2017. The level 2 chargers are anticipated to continue their dominance during the forecast period and will capture almost 75% of the global market in 2025 growing at a CAGR of 25.5% during the forecast period. Wide adoption of level 2 chargers at locations such as residential complexes, commercial buildings, office locations and other such locations would drive the sale of level 2 chargers.

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The technology of EV battery charging is continuously improving with advancements in battery packs, connectors, charging equipment and mode of charging. On the basis of different mode of charging, EV charging outlets are fragmented as plug-in and wireless EV charging outlets. Plug-in chargers dominates the market in 2017, however, in the coming years the market share of wireless EV charging outlets is expected to increase and is anticipated to hold 10.2% by 2025.

Additionally, for better understanding of global EV charging outlets adoption rate, the study is conducted for different region and country including North America (U.S., Canada, and Rest of North America), Europe (France, Germany, The Netherlands, Norway, Portugal, Sweden the U.K and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, and Rest of APAC), and Rest of World (The UAE, Chile, South Africa, Brazil and other countries). Owing to substantial packages of government’s incentives and policies paired with high EV uptake in China, APAC dominated the market in 2017, with a market share of approximately 75%, followed by Europe and North America.

Some of the major key players operating in the global EV charging outlets market includes BYD Company Ltd, ChargePoint Inc., Eaton Corp., EV BOX, Evgo, Fortum OYJ, General Electric Company, Schneider Electric SE, Tesla Inc. and The New Motion. These players are partnering with automotive OEMs, local and central governments bodies and other equipment suppliers to strengthen their foothold in the rapidly growing electric vehicle charging outlets market.

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Market Segmentation

Market Insights, by Deployment Type

Public

Private

Market Insights, by Charger Type

Slow

Fast

Market Insights, by Level of Charging

Level 1

Level 2

Level 3

Market Insights, by Mode of Charging

Plug-in

Wireless

Market Insights, by Geography

North America Electric Vehicle Charging Stations Market

The U.S.

Canada

Rest of North America

Europe Electric Vehicle Charging Stations Market

Germany

France

The U.K.

The Netherlands

Norway

Sweden

Portugal

Rest of Europe

Asia-Pacific Electric Vehicle Charging Stations Market

China

Japan

India

Korea

Singapore

Rest of APAC

Rest of the World Electric Vehicle Charging Stations Market

Brazil

South Africa

Chile

The UAE

Other Countries

The Global EV Charging Outlets Market can be customized to regional/country level or any other market segment. Besides this, UnivDatos Market Insights (UMI) understands that you may have your own business need, please connect with our analyst, who will ensure you get a report that suits your needs.

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Herbal Supplements Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

Global Herbal Supplements Market is anticipated to reach a market valuation of US$ 110.26 billion by 2026 expanding at a reasonable CAGR of 6.7% in the course of the forecasted period (2020-2026) from US$ 70.42 billion in 2019. Herbal supplements are a type of dietary supplement that contains one or more herbs. These supplements majorly have a strong effect on the body which are consumed in different forms including tea bags, capsules, tablets, liquids and powders. While, common herbal health products and supplements include black cohosh, echinacea, garlic, ginkgo and saw palmetto. Echinacea is consumed to prevent colds; ginkgo is to improve memory while flaxseeds are for reducing cholesterol. Herbal supplements are not a new concept, but plants have been used continuously for medicinal purposes for 1000 years. Herbal supplements are not subjected to the same scientific scrutiny and aren't as strictly regulated as medications. For instance, although manufacturers of herbal supplements must follow good manufacturing practices with an objective to ensure that supplements are processed consistently and meet quality standards, however, they don't have to get approval from the Food and Drug Administration (FDA) before putting their products on the market.

For Regional/country-level analysis of the overall sales of herbal supplement products browse through - Herbal Supplements Market

Increasing the adoption of herbal products by the aging population and increasing incidence of lifestyle-related diseases have contributed positively to the growth of herbal supplements. In addition, changing lifestyle and standards of living, and unhealthy eating habits such as fast food and meals-on-the-go are some other factors driving the overall growth of the global herbal supplements market. Increasing demand for dietary herbal supplements among working and pregnant women is another factor expected to drive growth of the global herbal supplements market. Growing popularity of multi-herbs and concerns relating to side-effects of allopathic drugs is further fueling growth of the global herbal supplements market. Furthermore, American ginseng may be taken to reduce stress, boost the immune system, improve digestion, and more. German chamomile may be taken to improve sleep quality, reduce anxiety, and help gastrointestinal conditions. Cinnamon may be used to treat gastrointestinal problems, loss of appetite, and diabetes. Based on formulations, the global herbal supplement market is bifurcated into tablets, capsules, liquid and powder & granules. Herbal supplements are majorly consumed in the form of Capsules. The segment is expected to generate revenue of US$ 35.71 billion by 2026. Based on application, the global herbal supplement market is bifurcated into food & beverages, pharmaceuticals and personal care. The pharmaceutical segment generated revenue of US$ 33.74 billion in 2019. In addition, the Personal Care segment is expected to witness the highest CAGR growth of 7.2% during the analyzed period. Based on end-user, the global herbal supplement market is classified into adult women, adult men, pediatric and baby boomers. A growing elderly population would help the Baby Boomers end-user segment to witness the highest CAGR growth of 7.4% during the analyzed period.

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Based on the distribution channel, the global herbal supplement market is bifurcated into herbal stores, drug stores, supermarket/hypermarket and online channels. In 2019, herbal supplements were majorly sold through Drug Stores, followed by an online channel. Additionally, for better investigation and penetration of herbal supplements, detailed country-level analysis was conducted for major regions/countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) and Rest of World (Brazil, South Africa, Others). It has been estimated by WHO that 80% of the population of some Asian countries use herbal medicine for some health purposes. Increasing health awareness with respect to diet, growing mental disorders, and surging sedentary lifestyles has tremendously bolstered the Asia Pacific herbal supplements market. Asia-Pacific is expected to generate revenue of US$ 39.54 billion by 2026. The rest of the world region is expected to witness the highest CAGR growth of 7.6% during the forecast period.

For Regional/country-level analysis of the overall development in the herbal supplement, sector browse through - Herbal Supplements Market

Some of the major companies profiled in the Global Herbal Supplements market are Jarrow Formulas, Inc., Solgar Inc., Herbalife International of America, Inc., Ricola AG, Bio-Botanica Inc., Blackmores Ltd, Himalaya Drug Company, Rainbow Light Nutritional Systems, Arizona Natural Products, Willmar Schwabe GmbH & Co. KG. These players consistently aim to focus on various product launches, innovations, energy-efficient products as well as mergers and acquisitions to enhance the consumption of herbal supplements globally thereby strengthening their market position which further offers them growth opportunities as well as the expansion of product innovation and expansion around the world. The industry has witnessed the emergence of several start-ups majorly in the developed region.

Global Herbal Supplements Market Segmentation

Market Insight, by Source

• Leaves
• Roots
• Bark
• Seeds
• Others

Market Insights, by Applications

• Food& Beverages
• Pharmaceuticals
• Personal Care

Market Insights, by End-User

• Adult Women
• Adult Men
• Pediatric
• Baby Boomers

Market Insights, by Formulation

• Tablets
• Capsules
• Liquid
• Powder & Granules
• Others

Market Insight, by Distribution Channel

• Herbal Stores
• Drug Stores
• Hypermarkets/Supermarkets
• Online

   Market Insight, by Region

• North America Herbal Supplements Market
• United States
• Canada
• Rest of North America                  
• Europe Herbal Supplements Market
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe
• Asia Pacific Herbal Supplements Market
• China
• Japan
• India
• South Korea
• Australia
• Rest of Asia-Pacific
• Rest of World Herbal Supplements Market
• Brazil
• South Africa
• Others

Top Company Profiles

• Jarrow Formulas, Inc.
• Solgar Inc
• Herbalife International of America, Inc.
• Ricola AG
• Bio-Botanica Inc.
• Blackmores Ltd
• Himalaya Drug Company
• Rainbow Light Nutritional Systems
• Arizona Natural Products
• Willmar Schwabe GmbH & Co. KG

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UnivDatos Market Insights (UMI) understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Herbal Supplements Market can be customized to the country level or any other market segment.

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Dietary Supplements Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2026

The Global Dietary Supplement Market is projected to gain market revenue of US$ 262.57 billion by 2026, growing at a CAGR of 5.4% during the forecast period 2020-2026. The dietary supplement is described as a broad and diverse category of products that a person consumes to support good health and supplement the diet.  Dietary supplements are neither medicines nor a substitute for food. However, some supplements are useful in reducing the risk of certain diseases and are authorized to make label claims about these uses. For example, folic acid supplements may make a claim about reducing the risk of birth defects of the brain and spinal cord. Dietary ingredients are broadly categorized into vitamin, mineral, herb or other botanical, amino acid and concentrate, metabolite, constituent, or extract. The Dietary Supplement market is driven by numerous factors such as escalating demand of dietary supplements among the geriatric population, rising disposable income, increasing awareness regarding the functional benefits of dietary supplements, improving health standards and increasing health expenditure paired with a rise in the number of fitness centers and gymnasiums. Proliferating demand for personalized supplement solutions, increasing consciousness of people regarding health will further escalate the market growth. However, stringent government regulations, negative publicity and false promises by the players will hamper the market growth.

For Regional/country-level analysis of the overall sales of dietary supplement products browse through - Dietary Supplement Market

Based on product type, the global dietary supplement market is fragmented into vitamin supplement, mineral supplement, botanical supplement, fatty acid supplement, proteins & amino acids and other supplements. The botanical Supplement segment occupied the maximum share in Global Dietary Supplement. Herbal or botanical supplements improve the immune system, anti-inflammatory power and can be used for depression treatment. Vitamin supplement is expected to generate revenue of US$ 73.22 billion by 2026. These supplements are available in numerous forms such as tablets, capsules, powders, liquids and other forms such as softgels among others. Capsules are easier to swallow and are used by manufacturers when the drug cannot be compacted into a solid tablet. A shell or container made of gelatin that contains the drug. Liquids form of dietary supplement is expected to witness the highest CAGR growth of 6.0% during the forecast period 2020-2026. Further, Dietary supplements can be administered by pediatrics, adult women, adult men and baby boomers. They are also recommended for pregnant women and some of the major supplements that are deployed by them include folic acid, Calcium and iron among others. Adult Women dominated the Dietary Supplement market and is expected to maintain its dominance during the forecast. During pregnancy, some mineral and vitamin need increases and women may need to take a prenatal vitamin. Baby Boomers segments are expected to increase their spending to US$ 48.33 billion on dietary supplements by 2026.

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Dietary supplements are majorly utilized in food & beverage, pharmaceutical industry and personal care. The pharmaceutical segment dominated the global dietary supplement market in 2019. The segment is expected to generate revenue of US$ 122.0 billion by 2026. Dietary supplements are recommended by health care provider if foods that provide important nutrients are lacking, or when a vitamin or mineral deficiency has been diagnosed. Based on functionality these supplements are broadly bifurcated into the additional supplement, medicinal supplements and sports nutrition. Sports supplements are powders, pills or drinks used to build muscle, lose weight, or improve endurance. In 2019, Medicinal supplements occupied the maximum share of 47.9%. Medicinal supplements such as folic acid, iron and calcium among others are prescribed by doctors during pregnancy or are useful in reducing the risk of certain diseases. However, the Sports nutrition segment is expected to witness the highest CAGR of 6.4% during the analyzed period. These supplements are available for sales through several sales channels including Convenience Stores, supermarket/hypermarket, drug store and others (online). In 2019, drug stores dominated the market, however, Others (Online) sales channels are expected to witness the highest CAGR growth during the forecast period 2020-2026.

For Regional/country-level analysis of the overall developments in the dietary supplement, sector browse through - Dietary Supplement Market

For a deep-dive analysis of the industry, detailed country-level study is conducted for major regions/countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Poland, Rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific) and Rest of the World. Asia-Pacific is considered the largest market due to factors such as rising awareness and rising healthcare spending in countries such as China, India and the growing elderly population in Japan. Asia-Pacific is expected to generate revenue of US$ 131.39 billion by 2026. Some of the major players profiled in the global Dietary Supplement study include Amway, Abbott Laboratories, Pfizer, Arkopharma Laboratoires Pharmaceutiques, Ricola AG., Nu Skin Enterprises, Inc., Naturalife Asia Co., Ltd., Omega Protein Corporation., Archer Daniels Midland, The Nature’s Bounty Co., Himalaya Global Holdings Ltd, GlaxoSmithKline, Herbalife International, Pharmavite LLC., Integrated BioPharma, Inc., Glanbia, Bayer, Bionova Lifesciences, Nutraceutics Corporation and Ekomir. Key players are also increasing their businesses by setting up new community centers and elder care homes or increasing their expenditure on R&D. 

Global Dietary Supplement Market Segmentation

Market Insights, by Product Type

• Vitamin Supplement
• Mineral Supplement
• Botanical Supplement
• Fatty Acid Supplement
• Proteins & Amino Acids
• Others

Market Insights, by Form

• Tablets
• Capsules
• Powders
• Liquids
• Other Forms

Market Insights, by Functionality

• Additional supplement
• Medicinal supplements
• Sports nutrition

Market Insights, by Application Area

• Food & Beverage
• Pharmaceutical
• Personal Care

Market Insights, by End-user

• Pediatrics
• Adult Women
• Adult Men
• Baby Boomers

Market Insights, by Distribution Channel

• Convenience Stores
• Supermarket/Hypermarket
• Drug store
• Others (Online)

Market Insights, by Region

• North America Dietary Supplement market
• United States
• Canada
• Rest of North America
• Europe Dietary Supplement market
• Germany
• United Kingdom
• France
• Italy
• Poland
• Rest of Europe
• Asia Pacific Dietary Supplement market
• China
• Japan
• India
• Rest of Asia-Pacific
• Rest of the World Dietary Supplement market

Top Company Profiles

• Amway
• Abbott Laboratories
• Pfizer
• Arkopharma Laboratoires Pharmaceutiques
• Ricola AG.
• Nu Skin Enterprises, Inc.
• Naturalife Asia Co., Ltd.
• Omega Protein Corporation.
• Archer Daniels Midland
• The Nature’s Bounty Co.
• Himalaya Global Holdings Ltd
• GlaxoSmithKline
• Herbalife International
• Pharmavite LLC.
• Integrated BioPharma, Inc.
• Glanbia, Bayer
• Bionova Lifesciences
• Nutraceutics Corporation
• EkomirBaxter Healthcare

Feel free to contact us for any queries – https://univdatos.com/request_form/form/314

UnivDatos Market Insights (UMI) understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Dietary Supplements Market can be customized to the country level or any other market segment.

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