UAE Electric Vehicle Charging Infrastructure Market Research Report: Forecast (2024-2030)

UAE Electric Vehicle Charging Infrastructure Market Report - By Type of Charging Point (AC Charger, DC Charger, Others), By Charger Type (Wall Mounted, Pedestal Mounted, Roof Mounted), By Connector Ty... ... ed), By Connector Type (CHAdeMo, CCS, Others), By Installation Type (Fixed, Portable), By Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles), By Location (Residential, Commercial), By Power Output (0-50kW, 51-150kW, More than 150kW), a Read more

  • Automotive
  • May 2024
  • 130
  • PDF, Excel, PPT

Market Definition

The Electric Vehicle (EV) Charging Infrastructure is the network of charging stations & associated technology that is required for the charging of electric vehicles. The infrastructure includes both public & private charging stations, as well as hardware & software systems that are necessary to provide efficient charging to different kinds of electric vehicles.

Market Insights & Analysis: UAE Electric Vehicle Charging Infrastructure Market (2024-30)

The UAE Electric Vehicle Charging Infrastructure market size is valued at around USD 360.37 million in 2024 and is projected to grow at a CAGR of around 14.28% during the forecast period, i.e., 2024-30. The market growth is attributed to the soaring investment by the government of the UAE to deploy charging infrastructures across the nation to support the transition toward sustainable transportation. This was done by the UAE government’s targets to reduce carbon emissions through expatriates' adoption of EVs.

Moreover, the smart city initiatives by the UAE government are predicted to facilitate partnerships between public & private stakeholders to develop & fund the charging infrastructure. Along with this, public-private partnerships could help to reduce the financial burden on charging infrastructure providers & enable the development of a more comprehensive charging network. Additionally, various measures adopted by the government (like Dubai Green Mobility Strategy 2030) have widely encouraged customers to adopt EVs, which, in turn, has increased the demand for the construction of more charging stations. For instance,

  • In 2022, Pulse, a UAE-based smart mobility solution provider, announced the deployment of fast electric vehicle (EV) chargers across Abu Dhabi in frequent places such as near parks, cafes, and restaurants. The company is doing so, to support the government target of net-zero emissions by 2050.
Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030)  14.28%
Region Covered Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates
Key Companies Profiled Orbix International LLC, V Charge Trading LLC, GreenParking [Future Link L.L.C.], ABB Limited, Art of Energi, Regeny, Powertech Electrical Trading LLC, eMagine, Efacec , Siemens LLC, Catec , Others
Market Value (2024) USD 360.37 million

 

Further, the announcement of the UAE government in 2018 to invest over USD136.35 billion in electric & hybrid vehicles, sustainable transport, and related infrastructure by 2050 is expected to continue to encourage the revenue growth of the market in the forthcoming years.

UAE Electric Vehicle Charging Infrastructure Market Driver:

Government Initiatives to Boost the EV Charging Infrastructure of the Country - The UAE government has been launching initiatives to promote the usage of electric vehicles (EVs) & develop the charging infrastructure. The government is implementing such measures to reduce its carbon footprint, promote the use of cleaner fuels, economic diversification (such as in Abu Dhabi Economic Vision 2030), and reduce air pollution in the country.

The government has also been providing financial incentives to those purchasing EVs, such as reduced registration fees & lower customs duties. These incentives have helped to boost the adoption of EVs in the country, which, in turn, has created more demand for charging infrastructure. These initiatives of the UAE government have widely promoted the revenue growth of the market in the UAE. In addition, the rising focus of the UAE government to boost FDI in the automotive manufacturing of EVs to enhance the supply of EVs in the country is expected to further boost the demand during the forecast period.

UAE Electric Vehicle Charging Infrastructure Market Research Report (2024-2030) - Table of Contents

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. The UAE Electric Vehicle Market Developments and Government Policies
  5. The UAE Electric Vehicle Charging Infrastructure Market Trends & Insights
  6. The UAE Electric Vehicle Charging Infrastructure Market Dynamics
    1. Growth Drivers
    2. Challenges
  7. The UAE Electric Vehicle Charging Infrastructure Market Regulations & Policies
  8. The UAE Electric Vehicle Charging Infrastructure Market Supply Chain Analysis
  9. The UAE Electric Vehicle Charging Infrastructure Market Hotspots & Opportunities
  10. The UAE Electric Vehicle Charging Infrastructure Market Outlook, 2019-2030F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Charging Point
        1. AC Charger
        2. DC Charger
        3. Others (Wireless Charging, etc.)
      2. By Charger Type
        1. Wall Mounted
        2. Pedestal Mounted
        3. Roof Mounted
      3. By Connector Type
        1. CHAdeMo
        2. CCS
        3. Others (Tesla Supercharger, Type 2, etc.)
      4. By Installation Type
        1. Fixed
        2. Portable
      5. By Vehicle Type
        1. Two-Wheelers
        2. Passenger Cars
        3. Commercial Vehicles
          1. Light Commercial Vehicles
          2. Medium & Heavy Commercial Vehicles
      6. By Location
        1. Residential
        2. Commercial
      7. By Power Output
        1. 0-50kW
        2. 51-150kW
        3. More than 150kW
      8. By Region
        1. Dubai
        2. Abu Dhabi & Al Ain
        3. Sharjah & Northern Emirates
      9. By Company
        1. Competition Characteristics
        2. Market Share & Analysis
  11. The UAE Electric Vehicle Charging Infrastructure Market Key Strategic Imperatives for Growth & Success
  12. Competitive Benchmarking
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. Orbix International LLC
      2. V Charge Trading LLC
      3. GreenParking (Future Link L.L.C.)
      4. ABB Limited
      5. Art of Energi
      6. Regeny
      7. Powertech Electrical Trading LLC
      8. eMagine
      9. Efacec 
      10. Siemens LLC
      11. Catec 
      12. Others
  13. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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