A charging pile, also known as an electric vehicle charging station, is a device used to charge electric vehicles (EVs). It is essentially an electrical connector and power source that enables EVs to draw power from the grid. Charging piles are typically located in public areas such as parking lots and garages, as well as in private homes.
The global overview of charging piles is that they are becoming increasingly popular as more people are switching to electric vehicles. In Europe, for example, the number of public charging points increased from approximately 50,000 in 2018 to over 115,000 in 2020. The United States also saw an increase in public charging points, with over 43,000 public charging points in 2019. This number is expected to continue to grow as more people switch to electric vehicles.
The global Charging Pile market was valued at US$ 2766.2 million in 2022 and is anticipated to reach US$ 12040 million by 2029, witnessing a CAGR of 22.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Charging Pile Market available at: https://www.themarketreports.com/report/global-charging-pile-market-research-report
This report aims to provide a comprehensive presentation of the global market for Charging Pile, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Charging Pile.
Global core charging pile manufacturers include Star Charge, TELD, ABB etc.The top 5 companies hold a share about 45%.China is the largest market, with a share about 60%, followed by Europe and North America with the share about 20% and 15%.In terms of product, DC charging pile is the largest segment, with a share about 70%. And in terms of application, the largest application is residential charging, followed by public Charging.
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