June 2022 | UAE News
EV Landscape
in UAE
The UAE Electric Vehicle market
is currently in its early stage and witnessed certain growth during the period
2017-2021 owing to the Electric Vehicle (EV) Green Charger initiative
undertaken by the government of UAE. There has been an increased and integrated
usage of the Battery based electric vehicles into the industrial perspective of
operations.
Various initiatives and programs
across the UAE are encouraging these shifts towards Green Mobility because the
transportation sector plays a vital role in decreasing the carbon footprint. Incentives
offered by the government, banks, and car dealers, has also led to the growth
in the UAE’s imports of EVs and increased environmental awareness among
citizens. About 29% of UAE residents would consider buying an electric vehicle
to contribute to narrowing emissions. A similar percentage believe that EVs
offer much better value for money in the longer run than conventional cars
running on petrol or diesel.
Future
Analysis of UAE EV Charging Equipment Industry
Currently, the competition in the
EV Charging Space in UAE is monopolistic in nature, with the Dubai Electricity
and Water Authority (DEWA) spearheading the installation and operation of EV
Charging infrastructure in Dubai, which has the majority of EV chargers in the
UAE. Although it has not been explicitly conveyed that the private sector would
take the lead in operating EV charging infrastructure once it becomes
commercially viable through large scale EV adoption, it is expected to do so
due to past observed patterns in this sector in multiple countries. Competition
is expected to increase in the coming years due to the aforementioned reasons.
Government Initiatives
The “Green Charger” initiative
launched by the Dubai Electricity and Water Authority to provide charging
stations for electric vehicles in various parts of Dubai supports the emirate’s
efforts to provide innovative and environmentally friendly solutions through
its contribution to reducing carbon emissions from the transportation sector
and supporting the Dubai Green Mobility Strategy 2030.
Consequently the popularity of
EVs in the UAE has grown significantly. Incentives offered by the government,
banks and car dealers, has also led to the growth in the UAE’s imports of EVs
and increased environmental awareness among citizens.
As part of Dubai Electricity and
Water Authority’s (DEWA) efforts to promote green and sustainable mobility in
Dubai, over 325 Green Charger stations with more than 530 charging points have
been installed across Dubai so far.
The publication titled ‘UAE
Electric Vehicle Charging Equipment Market Outlook to 2026: Driven by
government support and incentives with the increasing focus to achieve green
and sustainable economy’ covers the overview of EV Charging Equipment
Industry by analyzing historical EV Charging statistics and corresponding
change in Middle Affluent Class in UAE. Charging Equipment Industry grew at a
CAGR of 41.9%during 2017 and 2021.
The report also focuses on UAE EV
Charging Equipment Industry segmentation by Type of Charging, Type of Chargers,
Type of Vehicle, Type of Geography, and By Sales Channels. The EV Charging
section of the report concludes with projections for the future of the industry
included forecasted total EV Charging Equipment revenue by 2026, and analysts’
take on the future highlighting major opportunities.
Key Segments
Covered in UAE EV Charging Equipment Industry
- EV Charging Market Size by
- Revenue
- Revenue through new car sales
- Revenue through demand of chargers by type of
charging stations
- UAE EV Charging Equipment Industry By
- Type of Chargers- AC and DC chargers
- Type of Charging- Home Charging, Private
Charging, and Public Charging
- Type of Vehicle- 2W and 4W
- Geographic Demand- Dubai, Abu Dhabi, Sharjah,
Fujairah, Ajman, Umm Al Quwain, Ras Al Khaimah
- Sales Channels- Direct Sales, Online, and
Dealers/ Distributors
- Domestic Manufacture and Import
- Product Analysis
- 4W Chargers
- Pricing Analysis
- 4W Chargers pricing
- 2W Chargers pricing
- Key Target Audience
- Electricity Supplier
- EV Manufacturers
- EV Charging Equipment Manufacturers
- EV Charging System Operator
- Demand side Transport Operators
- Government Bodies
Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTYyNzkz
- Time Period Captured in the Report:
- Historical Period: 2017-2021
- Forecast Period: 2022-2026F
- EV Charging Equipment Players in UAE
- ABB
- Schneider Electric
- Siemens
- Yinlong Energy
- Eaton UAE
- Grizzl E
- Elecvlife
Key Topics
Covered in the Report
·
Overview of
EV Market and EV Charging Equipment Market in UAE
·
Ecosystem of
EV Charging Equipment Market in UAE
·
Market Size
of EV Charging Equipment Market in UAE (Total EV Charging Equipment Revenue)
·
UAE EV
Charging Equipment Market Segmentation (By Type of Charging, Type of Chargers,
Type of Vehicle, Type of Geography, By Sales Channels)
·
Cross
comparison of top players in the EV Charging Equipment Market in UAE
·
Company
Profiles of EV Charger Manufacturers (Overview, Products, Business Streams,
Manufacturing Capabilities, Distribution Channels, Recent Projects, Cost
Structure, and Awards and Recognitions)
·
Growth
Drivers and Challenges to UAE EV Charging Equipment Industry
·
SWOT
Analysis of EV Market
·
Porters Five
Forces of the EV Industry in UAE
·
Rules and
Regulations by Government Bodies
·
Case Study
(DEWA, EESL, Alfen)
Related
Reports
Contact Us:-
Ken
Research
Ankur
Gupta, Head Marketing & Communications
