North America electric vehicle charging infrastructure market is expected to grow at a CAGR of 16.3% during 2019-25

Rising electric vehicle demand coupled with government support policies would instigate the growth of North America electric vehicle charging infrastructure market during the forecast period-6Wresearch

North America's electric vehicle charging infrastructure market would foresee significant growth projections over the coming years owing to an increase in the adoption of electric mobility in developed countries across the region. Moreover, heavy government investment towards the development of charging infrastructure over the coming years would further propel the growth of North America electric vehicle charging infrastructure market

According to 6Wresearch, North America electric vehicle charging infrastructure market is expected to grow at a CAGR of 16.3% during 2019-25. North America possesses an advanced and well-equipped electric vehicle charging infrastructure. Various tax credits provided on the purchase of electric vehicles in the developed cities such as California, Massachusetts, Georgia and Maryland across North America are also expected to drive the growth of the North America electric vehicle charging infrastructure market during the projection period.

According to Prithu Chawla, Research Analyst, Research and Consulting, 6Wresearch, “United States of America accounts for the largest market share in the North America electric vehicle charging infrastructure market owing to availability of technologically advanced charging systems in the country. Strategic government policies adopted by the USA in order to improvise the electric vehicle charging infrastructure in the country would contribute towards the growth of the electric vehicle charging infrastructure market during the forecast period”.

According to Deepanshi Arora, Research Associate, Research and Consulting, 6Wresearch, “The Residential application of electric vehicle charging infrastructure dominates the overall North America electric vehicle charging infrastructure market owing to easy availability of home chargers at an affordable cost. Moreover, technological development in home chargers are expected to benefit the residential domain to retain dominance over the coming years as well”.

Some of the key players in North America's electric vehicle charging infrastructure market include Schneider Electric, Nissan Motor Co. Ltd., ABB Ltd., Tesla Inc., Shell Global, Wallbox, Renault, Virta Global, General Electric and ChargePoint Inc.

“North America Electric Vehicle Charging Infrastructure Market (2019-2025)” report provides an in-depth analysis with 157 figures covered in more than 150 pages. The report estimates and forecast the overall North America electric vehicle charging infrastructure market by revenues, types, applications, and countries that including the United States of America and Canada. The report also offer insights on market ranking by companies, company profiles, market drivers, restraints, and recommendations.