Electric Vehicle Charging as a Service Market (By voltage level of charging: Level 1, Level 2, Level 3; By Charging Point Type: Alternate current, Direct current; By Application: Privat, Public; By Charging Infrastructure Type: Normal Charging, Type 1, CHadeMo, Combined charging system; By DC Fast Charging; By Internet Connectivity; By Charging Service; By Electric Bus Charging Type; By Class; By Drive Type) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global electric vehicle charging as a service market size was exhibited at USD 30.57 billion in 2022 and is projected to hit around USD 160.70 billion by 2032, growing at a CAGR of 18.05% during the forecast period 2023 to 2032.

Key Pointers:

• Based on the applications, the commercial vehicles with largest market share with increased revenue and the size of the market
• The Asia Pacific region to hold the largest market share 61% in 2022

Electric Vehicle Charging as a Service Market Report Scope

The electric vehicle charging station developed for charging of the electric vehicles, Electric vehicles contains the batteries installed in the vehicle and charged by the supplying the electric power to the battery and energy is stored in the batteries and can be utilized while driving the vehicle. Charging of the electric vehicle alternate charging and direct current transfer. Development of the on-board charging station of charging the electric vehicles with increased benefits such as high efficiency of the electric vehicles, low emission of the carbon which contributes for the global economy and reduced pollution of air, noise drives the market to grow.

The advance developed technologies developed i electric vehicle charging with developed batteries and improved charging system such as electric charging system hardware and software developed smart car charging method charging of the vehicle before the plugging of connector in to the socked with fast charging system. A major factor that propels the market to grow such as green effect with reduced air pollution, noise pollution with reduced emission of carbon, increased efficiency of the electric vehicles with rapid technologies in the developments with electric vehicle charging networks and improved connection may drive the market growth.

Electric vehicle charging in commercial and residential areas significant market growth in commercial areas for with increasing adoption of the electric vehicle with developed infrastructures. Increased research and development in electric vehicle charging system and development in automobile industry with rapid technologies enhance the market to grow during the forecast period. Increased government interest for developing the electric vehicle charging as a service market with enhance investment from the government for improving the charging system. The key market players involved in introducing the electric vehicle charging with new launching with increased providence from the key market player in automobile industry which enhance the market of electric vehicle charging.

Some of the prominent players in the Electric Vehicle Charging as a Service Market include:

• Tesla (US), 
• Volkswagen AG (Germany), 
• SAIC Motors (China), 
• BYD (China),
•  Stellantis (Netherlands),
•  Toyota Motor Corporation, 
• Honda Motor Co. Ltd, 
• Ford Motor Company, 
• Nissan Motor Corporation ltd,
•  ABB,
•  Charge point, 
• Shell International BV,
•  Schneider Electric,
•  BP Chargemaster,
•  Eaton,
•  Siemens, 
• SemaConnet.Inc, 
• ClipperCreek, Inc,
•   AeroVironment, Inc, 
• General Electric Company

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Electric Vehicle Charging as a Service market.

By Voltage Level of Charging

• Level 1
• Level 2
• Level 3

By Charging Point Type

• Alternate current (Normal Charging)
• Direct current (Super charging)

By Application

• Private 
• Public

By Charging Infrastructure Type

• Normal Charging
• Type 1
• CHadeMo 
• Combined charging system
• Others

By DC Fast Charging

• Fast charger
• Ultra-fast charger

By Internet Connectivity

• Non-connected charging stations
• Smart connected charging stations

By Charging Service

• EV Charging Service
• Battery swapping service

By Electric Bus Charging Type

• Off-board Top-down pantograph
• On-board Botom-up pantograph 

By Class 

• Low price
• Medium price
• Luxury

By Drive Type

• Front wheel drive
• Rear wheel drive
• All wheel drive

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)