London, 24 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Electric Vehicle Charging Station Market in Southeast Asia 2014-2018, which is expected to grow at a CAGR of 24.89 percent during 2013-2018.
An electric vehicle charging station, also called an electric recharging point, or charging point, supplies electric energy to charge PEVs, including all-electric cars, neighborhood EVs, and plug-in hybrids. Two technologies are used in charging stations, wired AC charging and DC charging.
“Electric motorcycles offer various advantages over conventional motorcycles such as low cost of transportation, reduced emissions, and reduced maintenance and repair costs,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- Increase in Shortage of Oil Reserves
- Increased Awareness to Reduce Emissions
- Increase in Government Support
Key Market Trends
- Adoption of Electric Motorcycles as Transport Alternatives
- Rapid Growth of Wireless Charging Technology
- Increased Supply of Electric Drive Motors
Key Market Vendors
- ABB Ltd.
- Eaton Corp.
- General Electric Co.
- Robert Bosch GmbH
- Schneider Electric SE
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
