Middle East Electric Vehicle Charging Infrastructure Market (2019-2025) | Share & Forecast, Trend, Size, Revenue, Analysis - Outlook

Latest 2023 Development of the Middle East Electric Vehicle Charging Infrastructure Market

The Middle East Electric Vehicle Charging Infrastructure Market is undergoing various development, with numerous projects aimed at improving charging infrastructure and promoting the adoption of electric vehicles in the Middle East. The government and private companies are actively promoting the use of electric vehicles. Despite this, the uptake has been slow due to limited awareness and limited investment in charging infrastructure. In the United Arab Emirates, the government has launched initiatives to increase the number of charging stations. However, the progress has been slow due to the limited number of electric vehicles on the road. Additionally, the high cost of charging stations and the limited access to charging points in rural areas is also hampering the market growth.

Moreover, the private sector is also playing a role in the development of electric vehicle charging infrastructure in the region. However, the number of charging stations is limited, and the majority of these charging stations are situated in high-traffic areas like airports and malls. The Middle East electric vehicle charging infrastructure industry has shown static growth due to limited investment and a lack of awareness about the benefits of electric vehicles. However, the market is anticipated to grow with increasing efforts from both the government and private sectors. 

Middle East Electric Vehicle Charging Infrastructure Market Synopsis

Middle East electric vehicle charging infrastructure market report thoroughly covers the market by types, applications, and countries including Qatar, UAE, and the rest of the Middle East region. The Middle East electric vehicle charging infrastructure market outlook report provides an unbiased and detailed analysis of the ongoing Middle East electric vehicle charging infrastructure market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The Middle East electric vehicle charging infrastructure market is anticipated to be driven by rising pollution levels in the developed countries across the region, growing demand for effective pollution control strategies coupled with a surge in demand for electric vehicles in the region. Additionally, stringent laws imposed by the government of the developed countries for the adoption of electric vehicles as an excellent solution to the alarming rising pollution issue and are expected to propel the growth of the Middle East electric vehicle charging infrastructure market over the coming years.

According to 6Wresearch, Middle East Electric Vehicle Charging Infrastructure Market is expected to grow at a CAGR of 56.4% during 2019-2025. Rapid Urbanization and change in lifestyle are leading to a surge in investment and increased consumer spending is expected to proliferate the Middle East Electric Vehicle Charging Market Share. Moreover, the rise in the advancement of technology such as the integration of charging stations with the Internet of things is driving the development of the market.

Middle East Electric Vehicle Charging Infrastructure Market is anticipated to be driven by rising pollution levels in developed countries across the region and the demand for effective pollution control strategies. Stringent laws imposed by the government of the developed countries for the adoption of electric vehicles as an excellent solution to the alarming rising pollution issue are expected to propel the Middle East electric vehicle charging infrastructure market in the coming years. Further, tax rebates and subsidies provided by the government of developed countries of the region are also projected to benefit the middle east electric vehicle charging infrastructure market and witness sound growth in the coming years. Almost Nil tax impositions on the purchase of electric vehicles coupled with monetary grants for the installation of charging stations are some of the strategies adopted by the government to provide a push for electric mobility in developed countries across the region.

Market Analysis by Country

Qatar electric vehicle charging infrastructure market is expected to dominate the Middle East electric vehicle charging infrastructure market in the upcoming six years owing to subsidies and grants provided by the Ministry of Iran supporting the growth and development of Qatar electric vehicle charging infrastructure market across the middle east region. 

Key Players in The Market

Some of the key players in the Middle East electric vehicle charging infrastructure market are:

• ChargePoint, Inc. 
• ABB 
• Webasto Thermo & Comfort
• Shell International B.V.
• Schneider Electric
• Groupe Renault 
• Phihong USA Corp.
• EV Safe Charge Inc.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Middle East Electric Vehicle Charging Infrastructure Market Overview
• Middle East Electric Vehicle Charging Infrastructure Market Outlook
• Middle East Electric Vehicle Charging Infrastructure Market Forecast
• Historical Data of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes for the Period 2015-2018.
• Market Size & Forecast of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2025.
• Historical Data of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, for the Period 2015-2018.
• Market Size & Forecast of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, Until 2025.
• Historical Data of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, for the Period 2015-2018
• Market Size & Forecast of Middle East Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, Until 2025
• Historical Data of Qatar Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2015-2018.
• Market Size & Forecast of Qatar Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2025.
• Historical Data of UAE Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2015-2018.
• Historical Data of UAE Electric Vehicle Charging Infrastructure Market Revenues and Volume Share for the Period 2015-2018.
• Market Size & Forecast of UAE Electric Vehicle Charging Infrastructure Market Revenues and Volume Share, Until 2025.
• Market Drivers and Restraints
• Middle East Electric Vehicle Charging Infrastructure Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East Electric Vehicle Charging Infrastructure Market Share, By Countries
• Middle East Electric Vehicle Charging Infrastructure Market Share, By Companies
• Middle East Electric Vehicle Charging Infrastructure Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Middle East electric vehicle charging infrastructure market report provides a detailed analysis of the following market segments:

By Types:

• AC Charger
• DC Charger

By Applications:

• Residential
• Commercial
• Others

By Key Countries:

• Qatar
• UAE
• Rest of the Middle East

Middle East Electric Vehicle Charging Infrastructure Market: FAQs