Quadintel published a new report on the Metals in Electric Vehicle Charging Infrastructure Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Metals in Electric Vehicle Charging Infrastructure Market is valued at approximately USD 1.09 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 28.2% over the forecast period 2022-2028.
Metals in Electric Vehicle Charging Infrastructure is regarded as an essential requirement for electrification and the growing popularity of EV charging infrastructure. The rise in demand for electricity for EV charging to provide affordable current flow has led to the adoption of Metals in Electric Vehicle Charging Infrastructure across the forecast period.
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According to the International Energy Agency, global electricity demand by cars grew constantly from 7409 Gwh in 2018 to 15,586 Gwh in 2020. The other driving factor for the market growth is the rise in investment initiatives undertaken by government to expand fast-charging infrastructure. For instance, in November 2021, the Department of Natural Resources and Environmental Control of Delaware state of US announced to invest USD 1.4 million as grant funding to install electric vehicle DC fast-charging stations. Also, in November 2021, IONITY announced to invest around USD 788.92 million to expand fast-charging stations by 2025.
Also, technological advancements for fast-charging networks and growth in the production of electric vehicles are the factors expected towards market growth over the forecast period. However, high initial cost along with maintenance cost regarding the charging station infrastructure impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Metals in Electric Vehicle Charging Infrastructure market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the dominating region across the world in terms of market share and is also anticipated to exhibit highest growth rate over the forecast period 2022-2028 owing to the growing demand for EVs, favorable government initiatives related to charging station and increasing investments from multinational private companies.
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Major market players included in this report are:
Emirates Global Aluminum (EGA)
First Quantum Minerals Ltd.
Norsk Hydro ASA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Charging Port:
DC Fast Charger (Level 3)
By End Use:
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Metals In Electric Vehicle Charging Infrastructure Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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