Key Findings
- Electric Vehicles (EVs) in India could
represent $1.9 Bn opportunity by 2025.
- Surge in government initiatives for
development of electric vehicle charging infrastructure through FAME II
Initiative to increase the charging points in India in various states.
- Further, limited number of EV charging
stations, lack of standardization of EV charging, rise in demand for
luxury and feature enabled vehicles, and wireless charging for EVs to have
strong impact on the market.
Strong
Government Push: The
government has increased the budget allocation for FAME II by eight times
compared to FAME I. As of January 2020, 2,636 EV chargers have been allotted
the incentive in 24 states and union territories, out of which 1633 fast
chargers and 1003 slow chargers have been sanctioned. The government is
planning to set up at least one EV charging kiosk at around 69,000 petrol pumps
across the country to induce people to go for electric mobility.
Electric
Vehicle Battery Swapping Market: Battery
swapping or battery-as-a-service allows customers to lease batteries as a
separate component of the car. The customer can take out the discharged battery
and change it with a fully charged one. Battery swapping could address some of
the key challenges in electric vehicles, such as the high battery replacement
cost, long charging duration, and insufficient charging infrastructure.
EaaS
(Energy-as-a-service) as an opportunity for utilities: EaaS companies are buying installing LEDs and
solar arrays to EV charging stations for a monthly fee or at a fixed rate per
unit of energy consumed. Ahome charging EaaS subscription service can
give customers access to a home charger at an affordable monthly rate &
cost savings benefit provided by smart software.
Scaling EV
charging infrastructure with focus on interoperability: Interoperability is the open communication and
exchange of data between and among devices and/or software systems. It can be a
big boon to the EV charging infrastructure. The open exchange of operational
data between EV charging stations, network operators, and back-end payment
systems is critical to public and private charging infrastructure.
The report titled “India EV Charging Equipment Market
Outlook to 2026– Driven by Increasing Adoption of Electric Vehicles along with
Implementation of FAME II Policy by Government” provides a
comprehensive analysis of the potential of Electric Vehicle Charging Equipment
industry in India. The report covers various aspects including the current EV
Scenario and charging infrastructure status in India, revenue generated from EV
Charging equipment, its segmentations viz Type of Charger – Fast (DC) vs. Slow
(AC), Type of Charging Stations, Application (4W vs. 3W vs. 2W), Geographic
Distribution, Distribution Channel and By Organized and Unorganized Sector,
major trends and development, issues and challenges, government regulations and
product analysis. The report concludes with market projections for future of
the industry including forecasted industry size by revenue along with analyst
recommendations and key market opportunities.
Key Segments
Covered in India Electric Vehicle Charging Equipment Market:-
By Type of
Charger
Fast (DC Chargers)
Slow (AC Chargers)
By Type of
Charging Stations
Portable Chargers
Private Charging
Public Charging
By
Distribution Channel
Direct Sales
Indirect Sales
By Organized
and Unorganized Sector
Organized
Unorganized
Key Target
Audience:-
EV Manufacturers
EV Dealers/Distributors
Fleet Aggregators
Government Agencies
Automobile Consultants
Multiple Unit Dwellings and
Transport Infrastructure
Request
For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTA0Mzg2
Time Period
Captured in the Report:-
Historical
Period: FY’2016-FY’2021
Forecast
Period: FY’2021-FY’2026
Companies
Covered:-
AEIDTH Technologies
Amplify Mobility
ChargeMOD
LUBI EV Solutions
Magenta Power
PlugNGo
ChargeMyGaadi
Delta Electronics
Key Topics
Covered in the Report:-
·
Overview of
India EV Market
·
Genesis and
Overview of India EV Charging Equipment Market
·
Charging Infrastructure
for India EV Market
·
India EV
Charging Equipment Market Segmentations
·
Overview of
Charge Point Operators in India
·
Competition
Analysis : Market Share of Charge Point Operators in India, FY’2021
·
Product
Landscape of Key Manufacturers (ChargeMOD, AEIDTH Technologies , ABB, Lubi EV
Solution, Mass Tech, P2 Power Solution , RRT Electro Power)
·
Government
Initiatives and Regulations in India EV Charging Equipment Market
·
SWOT
Analysis of EV Charging Equipment Market
·
Key Trends
in India EV Charging Equipment Market
·
Issues and
Challenges in India EV Charging Equipment Market
·
Impact of
COVID 19 on EV sales
·
Outlook and
Future Projections for India EV Charging Equipment Market
·
Future Plans
on Establishment of Charging Stations in India
·
Recommendations
/ Success Factors
·
Research
Methodology
·
Appendix
For More
Information on the research report, refer to below link:-
India EV Charging Equipment Market
Related
Reports:-
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
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