Airport Electric Vehicle Charging Station Market : Standing ...| MENAFN.COM

Friday, 24 March 2023 05:41 GMT

Airport Electric Vehicle Charging Station Market : Standing Type, Wall Mounted Type, Wireless Pad 2021-2031

(MENAFN- EIN Presswire) OREGAON, PORTLAND, UNITED STATES, March 17, 2023 / / -- The global airport electric vehicle charging station market size was valued at $0.18 billion in 2021 and is projected to reach $1.4 billion by 2031, registering a CAGR of 23.3% from 2022 to 2031.

North America dominates the market in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global airport electric vehicle charging station market share in 2021 and is expected to grow at a significant rate during the forecast period, due to leading automobile manufacturers planning the deployment of huge EV charging infrastructure at airports in many countries of the region.

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An Electric Vehicle (EV) charging station at an airport is a device that connects a battery-powered vehicle to a source of electricity, permitting electric cars, neighborhood EVs, and plug-in hybrids to be charged. Some charging stations provide enhanced features like smart metering, cellular connectivity, and network connectivity, while others are simpler. In addition, electric vehicle charging station provides different types of charging levels such as level 2, and level 3. Moreover, electric vehicle charging stations have multiple configurations such as wall-mounted or free-standing, single charging head or multi-head, and wireless.

EV charging station providers also facilitate cloud-based app connectivity to help EV owners find nearby charging stations and charge easily. It also serves the purpose of building an extensive electric vehicle charging network. Therefore, it gives EV charging stores a great incentive along with profitability. Many of domestic and international airports are in the process of installing EV chargers in both daytime and long-term parking lots. Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA), for example, has installed six robust DC fast charging stations for electric vehicles in Terminals 1 and 2.

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By mode of charging, the wireless charging segment is expected to register significant growth during the forecast period.

By charging level, the level 3 segment is anticipated to exhibit significant growth in the near future.

By product type, the wireless pad segment is projected to lead the global airport electric vehicle charging station market owing to a higher CAGR.

By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

The key players analyzed in this airport EV charging station market report are ABB Ltd., Blink Charging Co., Delta Electronics, Inc., Electroair OU, General Electric Company, Siemens AG, Webasto Group, Eves LLC, Plugless Power Inc., and Ningbo Dekon New Energy Co., Ltd.

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