Middle East & Africa Electric Vehicle Charger And Charging Station Market Size & Outlook
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MEA electric vehicle charger and charging station market highlights
- The MEA electric vehicle charger and charging station market generated a revenue of USD 109.7 million in 2023.
- The market is expected to grow at a CAGR of 26.2% from 2024 to 2030.
- In terms of segment, fast charger was the largest revenue generating charger type in 2023.
- Fast Charger is the most lucrative charger type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 109.7 million |
| Market revenue in 2030 | USD 560.5 million |
| Growth rate | 26.2% (CAGR from 2023 to 2030) |
| Largest segment | Fast charger |
| Fastest growing segment | Fast Charger |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Slow Charger, Fast Charger |
| Key market players worldwide | ChargePoint Holdings Inc Ordinary Shares - Class A, Tesla Inc, ABB Ltd, BP PLC, Enphase Energy Inc, Bikeep, Bosch, Flower Turbines, HeroMotoCorp |
Other key industry trends
- In terms of revenue, MEA region accounted for 0.4% of the global electric vehicle charger and charging station market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 25,012.4 million by 2030.
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Electric Vehicle Charger And Charging Station Market Scope
Electric Vehicle Charger And Charging Station Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Flower Turbines | View profile | 11-50 | Stony Brook, New York, United States, North America | http://www.flowerturbines.com |
| Bikeep | View profile | 11-50 | San Francisco, California, United States, North America | http://bikeep.com/ |
| HeroMotoCorp | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.heromotocorp.com/en-in/ |
| ChargePoint Holdings Inc Ordinary Shares - Class A | View profile | 1650 | 240 East Hacienda Avenue, Campbell, CA, United States, 95008 | https://investors.chargepoint.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Tesla Inc | View profile | 140473 | 1 Tesla Road, Austin, TX, United States, 78725 | https://www.tesla.com |
| Enphase Energy Inc | View profile | 3157 | 47281 Bayside Parkway, Fremont, CA, United States, 94538 | https://www.enphase.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Middle East & Africa electric vehicle charger and charging station market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric vehicle charger and charging station market will help companies and investors design strategic landscapes.
Fast charger was the largest segment with a revenue share of 66.27% in 2023. Horizon Databook has segmented the Middle East & Africa electric vehicle charger and charging station market based on slow charger, fast charger covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Electric Vehicle Charger And Charging Station Charger Type Outlook (Revenue, USD Million, 2018-2030)
- Wired
- Wireless
- Slow Charger
- Fast Charger
- CHAdeMO
- Others
- CCS
- Middle East & Africa Electric Vehicle Charger And Charging Station Level of Charging Outlook (Revenue, USD Million, 2018-2030)
- Level 3
- Level 1
- Level 2
- Middle East & Africa Electric Vehicle Charger And Charging Station Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Connected Charging Stations
- Non-connected Charging Stations
- Middle East & Africa Electric Vehicle Charger And Charging Station Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Private houses
- Apartments/Societies
- Commercial
- Destination charging stations
- Other charging stations
- Bus charging stations
- Highway charging stations
- Fleet charging stations
- Residential
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Target buyers of Middle East & Africa electric vehicle charger and charging station market databook
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Our clientele includes a mix of electric vehicle charger and charging station market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa electric vehicle charger and charging station market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa electric vehicle charger and charging station market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Electric Vehicle Charger And Charging Station Market Outlook Share, 2023 & 2030 (US$M)
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