India E-Vehicles Charging Infrastructure Market is expected to gain market growth in the forecast period of 2023-2028

According to MarkNtel Advisors study the India E-Vehicles Charging Infrastructure Market is projected to grow at a CAGR of more than 30% during the forecast period, i.e., 2023-28.

“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.”    

Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/india-e-vehicles-charging-infrastructure-market.html

Key Findings of the Study: India E-Vehicles Charging Infrastructure market

Key Driver: Surging Adoption of EVs Owing to Environmental Concerns

With heavy investments in research and development and the infiltration of advanced technology, the sales of EVs have been propelled in the country. Moreover, with options to discover local charging stations, providing real-time information on vacant slots, and the convenience of scheduling, the industry shall witness up scaled demand and growth in further years. Furthermore, with the implementation of various government initiatives to choose electric vehicles owing to environmental concerns, the market would grow as the need for supercharging stations increases. Likewise, private automobile companies volunteering to accelerate the sales in the country are providing the industry with further enlargement. For instance,

• In May 2022, Hero Electric partnered with digital consumer lending platform RevFin to provide loans to EV consumers to buy 2W electric vehicles targeting the financing and leasing of 2.5 lakhs 2W vehicles over the next three years.

Growth Opportunity: Constant Technological Developments in the EV Charging Industry

With the acceptance and increasing sales of electric vehicles, manufacturers are coming up with new and updated technological advancements to enhance further electric vehicle charging infrastructures. For example, the latest EV charging station design has advanced features such as smart metering and better cellular capability. Besides, they are also equipped with better back-end technology that provides real-time data from linked charging devices as the stations are connected to the cloud. With this, they exhibit the ability to handle various signals, such as erratic energy output and electricity fluctuation. Similarly, the introduction of next-generation ultra-rapid DC chargers that have the capability to lower the frequency of charging times can be an opportunity for newer EVs. Further scope of development and advancement provides the industry with lucrative growth opportunities.

For more detailed information about the India E-Vehicles Charging Infrastructure market report, click here – https://www.marknteladvisors.com/research-library/india-e-vehicles-charging-infrastructure-market.html

Scope of the Report and India E-Vehicles Charging Infrastructure Market Segmentation:

By Type of Charging 

• Battery Swapping
• Slow AC Charging
• Fast DC Charging

Among the above, Slow AC chargers are predicted to gain the largest share during the forecast period due to their easier availability in the country.

By Component

• Hardware
• Software
• Services

By Location

• Cities
• Highways

By End User

• Commercial
• Public

India E-Vehicles Charging Infrastructure Market Competitive Landscape

• ACME Group
• Ather Energy
• Cell Propulsion
• Exicom Group
• Fortum
• Mahindra & Mahindra
• Panasonic
• Sun Mobility
• TATA Power
• Volttic
• Others

Geographical Analysis:

By Region

• North
• East
• West
• South

Note: If you require specific information not covered in the current report, we can provide it through customized option

Why choose Us?

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India