Market Forecast By Types (Electric Light Duty Vehicles (LDVs) Fast Charging Systems and Electric Bus Fast Charging Systems), By Applications (Private Electric Vehicle Fast Charging System and Public Electric Vehicle Fast Charging System), By Countries (UAE, Saudi Arabia, Jordon and Rest of the Middle East) and Competitive Landscape
Product Code: ETC000796 | Publication Date: Sep 2021 | Updated Date: May 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Middle Electric Vehicle Fast Charging System Market has seen the latest innovations which include the introduction of technology that can be used for charging EVs and also to store energy efficiently. This technology can help the charging stations to store more energy which would help to lower the cost and act as an opportunity for the electric vehicle charging stations market. To promote the United Arab Emirates' plans of green mobility solutions and as part of its plan to have 25% of the city’s trips converted into driverless journeys by 2030, the city completed the construction of 200 charging stations in the emirate by 2018, and it is currently exempting registered electric vehicles from charging fees until the end 2021 and parking fees till 2022. Saudi Arabia has signed a memorandum of understanding (“MoU”) with the United Kingdom in a move to reduce carbon emissions and support Saudi Vision 2030. The MoU commits both countries to cooperate and share expertise to develop technologies, including smart grids and EVs.
The market for electric vehicles (EV) is still in the nascent stage in the Middle East region but the market is anticipated to gain momentum due to the high disposable income of the consumers, the need to reduce pollution and growing awareness.
According to 6Wresearch, Middle East Electric Vehicle Fast Charging System Market size is anticipated to register growth during 2019-25. In the overall Middle East Electric Vehicle Fast Charging System market share, Jordon has captured the major pie in 2018 and is expected to lead over the coming years.
In the majority of the countries in the Middle East region, electric vehicle charging infrastructure lags but with government initiatives to promote electric vehicle adoption, the market for electric vehicle fast charging systems would register key growth throughout the forecast period. Countries such as Saudi Arabia and UAE would be the key growth-driving countries in the coming years.
The Middle East Electric Vehicle Fast Charging System Market report thoroughly covers the market by type, application, region and key countries. The Middle East Electric Vehicle Fast Charging System Market outlook report provides an unbiased and detailed analysis of the ongoing Middle East Electric Vehicle Fast Charging System 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 Fast Charging System Market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Electric Vehicle Fast Charging System Market Overview |
3.1 Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, 2015-2025F |
3.2 Middle East Electric Vehicle Fast Charging System Market Revenue Share, By Types, 2018 & 2025F |
3.3 Middle East Electric Vehicle Fast Charging System Market Revenue Share, By Applications, 2018 & 2025F |
3.6 Middle East Electric Vehicle Fast Charging System Market Revenue Share, By Regions, 2018 & 2025F |
3.7 Middle East Electric Vehicle Fast Charging System Market Industry Life Cycle |
3.8 Middle East Electric Vehicle Fast Charging System Market- Porter's Five Forces, 2018 |
4 Middle East Electric Vehicle Fast Charging System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Electric Vehicle Fast Charging System Market Trends |
6 Middle East Electric Vehicle Fast Charging System Market Overview, By Types |
6.1 Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, |
By Electric Light Duty Vehicles, 2015-2025F |
6.2 Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, By Electric Bus, 2015-2025F |
7 Middle East Electric Vehicle Fast Charging System Market Overview, By Applications |
7.1 Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, By Public, 2015-2025F |
7.2 Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, By Private, 2015-2025F |
8 UAE Electric Vehicle Fast Charging System Market Overview |
8.1 UAE Electric Vehicle Fast Charging System Market Revenues & Volume, 2015-2025F |
8.2 UAE Electric Vehicle Fast Charging System Market Revenues & Volume, By Types, 2015-2025F |
8.3 UAE Electric Vehicle Fast Charging System Market Revenues & Volume, By Applications, 2015-2025F |
9 Saudi Arabia Electric Vehicle Fast Charging System Market Overview |
9.1 Saudi Arabia Electric Vehicle Fast Charging System Market Revenues & Volume, 2015-2025F |
9.2 Saudi Arabia Electric Vehicle Fast Charging System Market Revenues & Volume, By Types, 2015-2025F |
9.3 Saudi Arabia Electric Vehicle Fast Charging System Market Revenues & Volume, By Applications, 2015-2025F |
10 Jordon Electric Vehicle Fast Charging System Market Overview |
10.1 Jordon Electric Vehicle Fast Charging System Market Revenues & Volume, 2015-2025F |
10.2 Jordon Electric Vehicle Fast Charging System Market Revenues & Volume, By Types, 2015-2025F |
10.3 Jordon Electric Vehicle Fast Charging System Market Revenues & Volume, By Applications, 2015-2025F |
11 Rest of Middle East Electric Vehicle Fast Charging System Market Overview |
11.1 Rest of Middle East Electric Vehicle Fast Charging System Market Revenues & Volume, 2015-2025F |
12 Middle East Electric Vehicle Fast Charging System Market Opportunity Assessment |
12.1 Middle East Electric Vehicle Fast Charging System Market Opportunity Assessment, By Types, 2025F |
12.2 Middle East Electric Vehicle Fast Charging System Market Opportunity Assessment, By Applications, 2025F |
13 Middle East Electric Vehicle Fast Charging System Market Competitive Landscape |
13.1 Middle East Electric Vehicle Fast Charging System Market Revenue Share, By Companies, 2018 |
13.1.1 UAE Electric Vehicle Fast Charging System Market Revenue Share, By Companies, 2018 |
13.1.2 Saudi Arabia Electric Vehicle Fast Charging System Market Revenue Share, By Companies, 2018 |
13.1.3 Jordon Electric Vehicle Fast Charging System Market Revenue Share, By Companies, 2018 |
13.2 Middle East Electric Vehicle Fast Charging System Market Competitive Benchmarking, |
By Operating Parameters |
14 Company Profiles |
15 Strategic Recommendations |
16 Disclaimer |