Reports
Reports
Sale
South India region leads the market due to favourable government support regarding development of charging stations
The South Indian region has emerged as a leader in the EV charging market in India, particularly in states like Karnataka and Tamil Nadu. These states have been proactive in implementing progressive policies and supporting the development of charging infrastructure. The Bangalore Electric Mobility Mission, for example, has set a target of 1 million electric vehicles on the road by 2030, accompanied by a plan to install 100,000 public charging points.
In the West, states like Maharashtra and Gujarat are leading the India EV charging market growth. The region's proactive approach towards sustainable transportation solutions has been bolstered by government support in the form of incentive schemes. The Maharashtra Electric Vehicle Policy 2021 aims to establish 500,000 public charging stations by 2025, while Gujarat has set up a network of fast-charging stations along major highways.
In the North, the market is experiencing rapid growth, driven by a surge in EV sales. Government initiatives, such as the Delhi Electric Vehicle Policy 2020 and the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2019, have played a crucial role in encouraging EV adoption and the development of charging infrastructure.
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
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.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.