Market Forecast By Types (AC Charger, DC Charger), By Applications (Residential, Commercial & Others) And Competitive Landscape
Product Code: ETC002353 | Publication Date: Apr 2020 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Electric Vehicle Charging Infrastructure Market Shipment Analysis registered a decline of -23.62% in value shipments in 2021 as compared to 2020 and a decrease of -2.14% CAGR in 2021 over a period of 2017. In Electric Vehicle Charging Infrastructure Market Shipment Analysis Saudi Arabia is becoming less competitive as HHI index in 2021 was 4629 while in 2017 it was 863. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the Market Shipment Analysis while a large index number means less numbers of players or countries exporting in the Market Shipment Analysis.
Saudi Arabia has reportedly relied more on imports to meet its growing demand in Electric Vehicle Charging Infrastructure Market Shipment Analysis. Saudi Arabia is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Electric Vehicle Charging Infrastructure Market Shipment Analysis in 2021 was 8.3 while in 2017 it was 20.56. China, Germany, France, Mexico and Brazil were among the top players of the Market Shipment Analysis in 2021, where China acquired the largest Market Shipment Analysis share of 66.83% with a shipment value of 192.34 million USD in 2022 China also offered the product above the average Market Shipment Analysis price, but remained at the leadership position indicating the trust it holds in the Electric Vehicle Charging Infrastructure Market Shipment Analysis. In 2017 USA had the largest Market Shipment Analysis share of 16.2% with the shipment value of 68.01 million USD. The country was offering its product with an average price which is lower than the average Market Shipment Analysis price offered in the country. As USA price is lower than the average price, it provided a significant edge among other competitor in 2017.
Saudi Arabia Electric Vehicle Charging Infrastructure Market is driven by growing awareness regarding energy efficiency coupled with a growing automotive industry. The growing demand for electric vehicles, the growing transport sector, rising pollution levels, and growing environmental concerns are the major factors boosting the demand for the electric vehicle charging infrastructure market in Saudi Arabia. Furthermore, the increasing investment coupled with growing manufacturers and advancing technologies would further propel the growth of the electric vehicle charging infrastructure market in Saudi Arabia.
According to 6wresearch, Saudi Arabia Electric Vehicle Charging Infrastructure Market size projected to grow during 2020-2026. In terms of applications, the commercial segment is expected to dominate the electric vehicle charging infrastructure market revenue share in Saudi Arabia on account of growing charging infrastructure across various commercial destination such as airport, shopping malls, hotels, movie theatres, and various public transport agencies coupled with automotive manufacturers are enhancing the installation of charging stations for an electric commercial vehicle such as electric buses.
Based on types, the DC charger segment is expected to hold the electric vehicle charging infrastructure market revenue share over the forecast period in Saudi Arabia owing to the development of advanced DC charger and also due to the fast charging process. Moreover, during the first quarter of 2020, the market in Saudi Arabia is anticipated to witness negative growth in the economy owing to the outbreak of coronavirus pandemic which has spread an impact on the worldwide business. However, the market in Saudi Arabia is anticipated to recover in the economic scenario during the second half of 2020-2026.
The Saudi Arabia electric vehicle charging infrastructure market report thoroughly covers the market by types and applications. The Saudi Arabia electric vehicle charging infrastructure market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia 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.
Key Highlights of the Report
Markets Covered
The Saudi Arabia electric vehicle charging infrastructure market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Saudi Arabia Electric Vehicle Charging Infrastructure Market Overview |
3.1 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenues and Volume, 2016-2026F |
3.2 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue Share, By Types, 2019 & 2026F |
3.3 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue Share, By Application, 2019 & 2026F |
3.4 Saudi Arabia Electric Vehicle Charging Infrastructure Market - Industry Life Cycle |
3.5 Saudi Arabia Electric Vehicle Charging Infrastructure Market - Porter’s Five Forces |
4. Saudi Arabia Electric Vehicle Charging Infrastructure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Saudi Arabia Electric Vehicle Charging Infrastructure Market Trends |
6. Saudi Arabia Electric Vehicle Charging Infrastructure Market Overview, by Types |
6.1 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue and Volumes, By AC Charger, 2016-2026F |
6.2 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue and Volumes, By DC Charger, 2016-2026F |
7. Saudi Arabia Electric Vehicle Charging Infrastructure Market Overview, by Application |
7.1 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue and Volumes, By Residential, 2016-2026F |
7.2 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue and Volumes, By Commercial, 2016-2026F |
7.3 Saudi Arabia Electric Vehicle Charging Infrastructure Market Revenue and Volumes, By Others, 2016-2026F |
8. Saudi Arabia Electric Vehicle Charging Infrastructure Market Key Performance Indicators |
9. Saudi Arabia Electric Vehicle Charging Infrastructure Market Opportunity Assessment |
9.1 Saudi Arabia Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Types, 2026F |
9.2 Saudi Arabia Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Application, 2026F |
10. Saudi Arabia Electric Vehicle Charging Infrastructure Market Competitive Landscape |
10.1 Saudi Arabia Electric Vehicle Charging Infrastructure Market By Companies, 2019 |
10.2 Saudi Arabia Electric Vehicle Charging Infrastructure Market Competitive Benchmarking, By Operating Parameters |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |