Report ID: UCMIG25C2063
Report ID:
UCMIG25C2063 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the global peer-to-peer electric vehicle charging market demonstrated significant value, amounting to USD 128,927.3 thousand. This market is projected to witness substantial growth in the coming years, with a compound annual growth rate (CAGR) of 22.3% from 2023 to 2030. This growth can be attributed to the increasing adoption of electric vehicles (EVs) and the need for efficient charging infrastructure. Peer-to-peer charging networks, where EV owners share their charging facilities with others, are gaining popularity as a cost-effective and convenient solution. Factors such as environmental consciousness, government initiatives, and advancements in EV technology are expected to fuel the expansion of the peer-to-peer electric vehicle charging market throughout the forecast period.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automobile Manufacturers by segment aggregation, the contribution of the Automobile Manufacturers in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25C2063