South Africa Electric Vehicle Charging Infrastructure Market Analysis, 2020 research report depicts a deep dive market analysis of statistics of South Africa Electric Vehicle Charging Infrastructure market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Report Coverage | Details |
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Study Period | Historical Data: 2016-20 |
Base Year: 2020 | |
Forecast Period: 2021-26 | |
Key Companies Profiled | ABB, Schneider Electric, Eaton Corporation, Siemens AG, Leviton Manufacturing Co., Inc |
Unit Denominations | USD Million/Billion |
Market Opportunities
According to MarkNtel Advisors’ research report “South Africa Electric Vehicle Charging Infrastructure Market Analysis, 2020”, the South Africa Electric Vehicle Charging Infrastructure market is anticipated to grow at a considerable rate CAGR during 2021-26F. The growth of the market is projected to increase the foothold of market players by launching charging stations for electric vehicles in the country along with significant growth in the demand for electric vehicles to curb carbon emission and growing environment-related norms and regulations and burgeoning adoption of smart mobility. Moreover, escalating demand for lightweight fuel-efficient vehicles along with spur in government spending towards the development of highway and road connectivity is emanating the demand for charging facilities in the country which is anticipated to strongly contribute towards the growth of the market in the forthcoming period.
Market Segmentation
Roads & Highways Exhibits Fastest Growth
Based on Application, Roads & Highways is anticipated to attain the highest CAGR by 2026 in the South Africa Electric Vehicle charging infrastructure. This is due to rising investment by the government in road infrastructure along with the expansion of Intelligent transport systems to a larger part of the road network are anticipated to upsurge the number of charging facilities across SA. Thus, this projected to accentuate the growth of South Africa Electric Vehicle Charging Infrastructure market in the coming years as revealed by the MarkNtel Advisors’ research report “South Africa Electric Vehicle Charging Infrastructure Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the South Africa Electric Vehicle Charging Infrastructure market include ABB, Schneider Electric, Eaton Corporation, Siemens AG, Leviton Manufacturing Co., Inc., Others etc.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
A. The market size/industry size or the market value is measured in terms of USD Million.
A. The South Africa Electric Vehicle Charging Infrastructure Market is forecast to grow at a considerable rate during 2021-26.