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 m...