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India EV Charging Market Share, Size, Growth, Analysis, Forecast: By Charging Type: AC, DC; By Power Output: Rapid Chargers, Fast Chargers, Slow Chargers; By Location: Street Parking, Depot, Highways, Workplaces, Retail Spaces, Others; By Phase: Single Phase, Three Phase; Regional Analysis; Competitive Landscape; 2024-2032
India EV Charging Market Trends
The expansion of charging infrastructure is a significant trend, spurred by the government's initiatives to promote EV adoption. A major contributor to the expansion of the charging network in India is Tata Power, which has been actively involved in installing EV charging stations in major cities. To improve the prognosis for the India EV charging market, this involves setting up charge stations in public areas, apartment buildings, and commercial spaces.
Additionally, the surge in sales of lithium-ion-based EVs, supported by favourable policies and regulations in various states, is increasing the India EV charging market value. Companies like Mahindra Electric, with their electric vehicles like the eVerito, are contributing to the growth of the EV charging infrastructure through collaborations with charge point operators to set up new charging stations, further boosting the electric mobility ecosystem in India.
India EV Charging Market Report Snapshots
India EV Charging Market Share
India EV Charging Market Growth
India EV Charging Market Trends
India EV Charging Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific EV Charging Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific EV Charging Historical Market (2018-2023)
8.3 Asia Pacific EV Charging Market Forecast (2024-2032)
9 India EV Charging Market Overview
9.1 Key Industry Highlights
9.2 India EV Charging Historical Market (2018-2023)
9.3 India EV Charging Market Forecast (2024-2032)
10 India EV Charging Market by Charging Type
10.1 AC
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 DC
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 India EV Charging Market by Power Output
11.1 Rapid Chargers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Fast Chargers
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Slow Chargers
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 India EV Charging Market by Location
12.1 Street Parking
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Depot
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Highways
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Workplaces
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Retail Spaces
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 India EV Charging Market by Phase
13.1 Single Phase
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Three Phase
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 India EV Charging Market by Region
14.1 North India
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.1.3 Breakup by Charging Type
14.1.4 Breakup by Power Output
14.1.5 Breakup by Location
14.1.6 Breakup by Phase
14.2 East and Central India
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.2.3 Breakup by Charging Type
14.2.4 Breakup by Power Output
14.2.5 Breakup by Location
14.2.6 Breakup by Phase
14.3 West India
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.3.3 Breakup by Charging Type
14.3.4 Breakup by Power Output
14.3.5 Breakup by Location
14.3.6 Breakup by Phase
14.4 South India
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.4.3 Breakup by Charging Type
14.4.4 Breakup by Power Output
14.4.5 Breakup by Location
14.4.6 Breakup by Phase
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Tata Power Company Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Ather Energy Private Limited
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Charzera Tech Private Limited
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Delta Electronics, Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ABB Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Sharify Services Pvt. Ltd.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 TecSo ChargeZone Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Reliance BP Mobility Limited
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Brightblu Holding B.V
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 BPM Power Private Limited (chargeMOD)
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific EV Charging Market: Key Industry Highlights, 2018 and 2032
2. India EV Charging Market: Key Industry Highlights, 2018 and 2032
3. India EV Charging Historical Market: Breakup by Charging Type (Million Units), 2018-2023
4. India EV Charging Market Forecast: Breakup by Charging Type (Million Units), 2024-2032
5. India EV Charging Historical Market: Breakup by Power Output (Million Units), 2018-2023
6. India EV Charging Market Forecast: Breakup by Power Output (Million Units), 2024-2032
7. India EV Charging Historical Market: Breakup by Location (Million Units), 2018-2023
8. India EV Charging Market Forecast: Breakup by Location (Million Units), 2024-2032
9. India EV Charging Historical Market: Breakup by Phase (Million Units), 2018-2023
10. India EV Charging Market Forecast: Breakup by Phase (Million Units), 2024-2032
11. India EV Charging Historical Market: Breakup by Region (Million Units), 2018-2023
12. India EV Charging Market Forecast: Breakup by Region (Million Units), 2024-2032
13. India EV Charging Market Structure
Key Questions Answered in the Report
In 2023, the India EV charging market reached an approximate volume of 1.28 million units in 2023.
The market is expected to grow at a CAGR of 22.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 7.80 million units by 2032.
The major market drivers include the increasing sales of electric vehicles, introduction of favourable government policies, and improvement of charging infrastructure in commercial spaces.
The key trends fuelling the growth of the market include technological advancements in EV charging, popularity of portable EV charging, and reducing costs of electric vehicles.
EV cars or electric cars refer to cars that operate on electricity rather than traditional fuels.
Regions considered in the market are North India, East and Central India, West India, and South India.
The various locations of EV charging in the market include retail spaces, workplaces, street parking, highways, and depot, among others.
Key players in the market are Tata Power Company Ltd., Ather Energy Private Limited, Delta Electronics, Inc., TechSo ChargeZone Ltd, Reliance BP Mobility Limited, Brightblu Holding B.V, BPM Power Private Limited (chargeMOD), ABB Ltd., Charzera Tech Private Limited, Sharify Services Pvt Ltd, among others.
High initial investment, technological challenges, and supply chain disruptions are hampering the market growth.
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