North America Electric Vehicle Charging Station

Market: Trends, Opportunities and Forecast (2013-2023)

• By Vehicle Type - Battery Electric Vehicle, Plug-in

Hybrid Electric Vehicle

• By Equipment – Hardware and Software

• By Charger Type – Slow and Fast Charger

• By Slow Charger Sub-Type – Level 1 AC Charger

and Level 2 AC

• By Fast Charger Sub-Type – Level 3 AC Tri-phase

and Level 3 DC Tri-phase

• By Country - U.S, Canada, Mexico.

October 2018

2

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Reg

ion

al

By Vehicle Type, By Value

BEV

PHEV

By Equipment, By Value

Hardware

Software

By Charger Type, By Value

Slow

Fast

By Slow Charger Sub-type, By

Value

Level 1 AC Charger

Level 2 AC Charger

By Fast Charger Sub-type, By

Value

Level 3 AC Tri-phase

Level 3 DC Tri-phase

Co

un

try

By Vehicle Type, By Value

BEV

PHEV

By Equipment, By Value

Hardware

Software

By Charger Type, By Value

Slow

Fast

By Slow Charger Sub-type, By

Value

Level 1 AC Charger

Level 2 AC Charger

By Fast Charger Sub-type, By

Value

Level 3 AC Tri-phase

Level 3 DC Tri-phase

Company Analysis Tesla, Inc., Evgo, ABB, Blink Charging, SemaConnect, ClipperCreek, Inc., Charge Point.

Regional Analysis North America

Country Analysis U.S, Canada and Mexico

Historical Forecast

Scope of the Report – North America Electric Vehicle Charging Station Market

Table of Content

3

S.No Particulars Page No.

1. Research Methodology 12

2. Executive Summary 13

3. Strategic Recommendation 14

3.1 Increasing demand of fast charging points 15

3.2 Increase focus on site suitability 16

4. Electric Vehicle Charging Station Outlook 17

5. North America Electric Vehicle Charging Stations Market: Growth and Forecast 20

5.1 By Value (2013-2017) 21

5.2 By Value (2018-2023) 22

6. North America Electric Vehicle Charging Stations Market: Segmental Analysis 28

Table of Content

4

S.No Particulars Page No.

6.1 By Vehicle Type, By Value (2013-2023) 29

6.2 By Equipment, By Value (2013-2023) 30

6.3 By Charger Type, By Value (2013-2023) 31

6.4 By Slow Charger Sub-type, By Value (2013-2023) 32

6.5 By Fast Charger Sub-type, By Value (2013-2023) 33

7. North America Electric Vehicle Charging Station Market: Country Analysis (U.S, Canada and Mexico) 34

7.1 U.S Electric Vehicle Charging Station Market, By Value (2013-2023) 35

7.2 U.S Electric Vehicle Charging Station Market, By Vehicle Type, By Value (2013-2023) 44

7.3 U.S Electric Vehicle Charging Station Market, By Equipment, By Value (2013-2023) 45

7.4 U.S Electric Vehicle Charging Station Market, By Charger Type, By Value (2013-2023) 46

Table of Content

5

S.No Particulars Page No.

7.5 U.S Electric Vehicle Charging Station Market, By Slow Charger Sub-Type, By Value, (2013-2023) 47

7.6 U.S Electric Vehicle Charging Station Market, By Fast Charger Sub-Type, By Value, (2013-2023) 48

7.7 Canada Electric Vehicle Charging Station Market, By Value, (2013-2023) 50

7.8 Canada Electric Vehicle Charging Station Market, By Vehicle Type, By Value, (2013-2023) 56

7.9 Canada Electric Vehicle Charging Station Market, By Equipment, By Value, (2013-2023) 57

7.10 Canada Electric Vehicle Charging Station Market, By Charger Type, By Value, (2013-2023) 58

7.11 Canada Electric Vehicle Charging Station Market, By Slow Charger Sub-Type, By Value, (2013-2023) 59

7.12 Canada Electric Vehicle Charging Station Market, By Fast Charger Sub-Type, By Value, (2013-2023) 60

7.13 Mexico Electric Vehicle Charging Station Market, By Value, (2015-2023) 62

7.14 Mexico Electric Vehicle Charging Station Market, By Vehicle Type, By Value, (2015-2023) 66

Table of Content

6

S.No Particulars Page No.

7.15 Mexico Electric Vehicle Charging Station Market, By Equipment, By Value, (2015-2023) 67

7.16 Mexico Electric Vehicle Charging Station Market, By Charger Type, By Value, (2015-2023) 68

7.17 Mexico Electric Vehicle Charging Station Market, By Slow Charger Sub-Type, By Value, (2015-2023) 69

7.18 Mexico Electric Vehicle Charging Station Market, By Fast Charger Sub-Type, By Value, (2015-2023) 70

8. North America Electric Vehicle Charging Stations Market Dynamics 72

8.1 North America Electric Vehicle Charging Stations Market Drivers 74

8.2 North America Electric Vehicle Charging Stations Market Restraints 78

9. North America Electric Vehicle Charging Stations Market Trends 81

10. Competitive Landscape 82

Table of Content

7

S.No Particulars Page No.

11. Policy and Regulatory Landscape 85

12. Company Profiling 92

12.1 Tesla, Inc. 93

12.2 Evgo 99

12.3 ABB 103

12.4 Blink Charging 107

12.5 SemaConnect 112

12.6 ClipperCreek, Inc. 113

12.7 Charge Point 114

13. About Us 115

List of Figures

Figure No. Figure Title Page No.

Figure 1: North America Electric Vehicle Charging Station Market Size, By Value, 2013-2017 (USD Million) 21

Figure 2: North America Electric Vehicle Charging Station Market Size, By Value, Forecast, 2018-2023 (USD Million) 22

Figure 3: North America GDP, 2012-2017 (USD Trillion) 24

Figure 4: North America GDP per capita, current prices, 2013-2023F (In USD) 24

Figure 5: North America Electric Vehicle Charging Stations Market Size, By Company, 2017E (%) 27

Figure 6: North America Electric Vehicle Charging Stations Market Size, By Company, 2023F (%) 27

Figure 7: North America Electric Vehicle Charging Station Market: By Vehicle Type, By Value, 2013-2023 (USD Million) 29

Figure 8: North America Electric Vehicle Charging Station Market: By Equipment, By Value, 2013-2023 (USD Million) 30

Figure 9: North America Electric Vehicle Charging Station Market: By Charger Type, By Value, 2013-2023 (USD Million) 31

Figure 10: North America Electric Vehicle Charging Station Market: By Slow Charger Sub-Type, By Value, 2013-2023 (USD Million)

32

Figure 11: North America Electric Vehicle Charging Station Market: By Fast Charger Sub-Type, By Value, 2013-2023 (USD Million)

33

Figure 12: U.S. Electric Vehicle Charging Station Market Size, By Value, 2013-2023 (USD Million) 36

Figure 13: US, Air Pollution Statistics 2000-2017 90th Percentile PM 2.5 Air Quality 37

Figure 14: U.S., Primary Energy source, 2017 (Btu) 38

Figure 15: U.S., Vehicle Sales Statistics, 2011-2017 (In Million) 38

Figure 16: U.S Electric Vehicle Charging Stations Market Size, By Company, 2017E (%) 42

Figure 17: U.S Electric Vehicle Charging Stations Market Size, By Company, 2023F (%) 42

Figure 18: U.S. Electric Vehicle Charging Station Market: By Vehicle Type, By Value, 2013-2023 (USD Million) 44

Figure 19: U.S. Electric Vehicle Charging Station Market: By Equipment, By Value, 2013-2023 (USD Million) 45

Figure 20: U.S. Electric Vehicle Charging Station Market: By Charger Type, By Value, 2013-2023 (USD Million) 46

8

List of FiguresFigure No. Figure Title Page No.

Figure 21: U.S. Electric Vehicle Charging Station Market: By Slow Charger Sub-Type, By Value, 2013-2023 (USD Million)

47

Figure 22: U.S. Electric Vehicle Charging Station Market: By Fast Charger Sub-Type, By Value, 2013-2023 (USD Million)

48

Figure 23: Canada Electric Vehicle Charging Station Market Size, By Value, 2013-2023 (USD Million) 50

Figure 24: Canada, Ammonia Emission, 2006-2016 (In Kilo Tonnes) 52

Figure 25: Canada, Vehicle Sales Statistics, 2007-2017 (In Million) 52

Figure 26: Canada Electric Vehicle Charging Stations Market Size, By Company, 2017E (%) 54

Figure 27: Canada Electric Vehicle Charging Stations Market Size, By Company, 2023F (%) 54

Figure 28: Canada Electric Vehicle Charging Station Market: By Vehicle Type, By Value, 2013-2023 (USD Million) 56

Figure 29: Canada Electric Vehicle Charging Station Market: By Equipment, By Value, 2013-2023 (USD Million) 57

Figure 30: Canada Electric Vehicle Charging Station Market: By Charger Type, By Value, 2013-2023 (USD Million) 58

Figure 31: Canada Electric Vehicle Charging Station Market: By Slow Charger Sub-Type, By Value, 2013-2023 (USD Million)

59

Figure 32: Canada Electric Vehicle Charging Station Market: By Fast Charger Sub-Type, By Value, 2013-2023 (USD Million)

60

Figure 33: Mexico Electric Vehicle Charging Station Market Size, By Value, 2013-2023 (USD Million) 62

Figure 34: Automobile Sales in Mexico 2012-2017 (In Million) 63

Figure 35: Mexico, Electric Production By Sources 2017 64

Figure 36: Mexico, Clean Energy Generation Goal Gig watts- Hour 64

Figure 37: Mexico, Percentage of Investment in Clean Energy 2016-2030 64

Figure 38: Mexico Electric Vehicle Charging Station Market: By Vehicle Type, By Value, 2013-2023 (USD Million) 66

Figure 39: Mexico Electric Vehicle Charging Station Market: By Equipment, By Value, 2013-2023 (USD Million) 67

9

List of Figures

Figure No. Figure Title Page No.

Figure 40: Mexico Electric Vehicle Charging Station Market: By Charger Type, By Value, 2013-2023 (USD Million) 68

Figure 41: Mexico Electric Vehicle Charging Station Market: By Slow Charger Sub-Type, By Value, 2013-2023 (USD Million)

69

Figure 42: Mexico Electric Vehicle Charging Station Market: By Fast Charger Sub-Type, By Value, 2013-2023 (USD Million)

70

Figure 43: Mexico Electric Vehicle Charging Stations Market Size, By Company, 2017E (%) 71

Figure 44: Mexico Electric Vehicle Charging Stations Market Size, By Company, 2023F (%) 71

Figure 45: Tesla, Inc., Revenue, 2013-2017 (In Billion USD) 95

Figure 46: Tesla, Inc., Net Sales, By Business Sector, 2017 (In %) 95

Figure 47: Tesla, Inc., Net Sales, By Geographic Region, 2017 (In %) 95

Figure 48: ABB, Electrification Products Division, Net Sales, 2015-2017 (In Billion USD) 104

Figure 49: ABB, Revenue, By Business Sector, 2017 (In %) 104

Figure 50: ABB, Electrification Products Division, Net Sales, By Geographic Region, 2017 (In %) 104

Figure 51: Blink Charging, Revenue, 2013-2017 (In Million USD) 109

10

List of TablesFigure No. Figure Title Page No.

Table 1: Capacity, Range, Energy Efficiency of Select 2018 Model Year BEVs 25

Table 2: Key Advantages and Disadvantages of Electric Vehicle Over Conventional ICE vehicles 26

Table 3: Electric Vehicle Rebate Programs, By Select State 39

Table 4: Number of Individual Models of Battery Electric Vehicles (BEVs) In U.S, By Company and Model Year 40

Table 5: Number of Individual Models of Plug-in Hybrid Electric Vehicles (PHEVs) in U.S, By Company and Model Year 41

Table 6: Government policies and regulation in relation to electric vehicles in Canada 51

Table 7: Various Charging Station Manufacturers Found in Canada 53

Table 8: Number of BEV Model Sold in Canada 53

Table 9: Recent Company Acquisitions and Mergers in Electric Vehicle Charging Station Market 83

Table 10: List of OEMs Announcements on Electric Car Ambitions, As of April 2017 84

Table 11: Tesla, Inc., Manufacturing Units 95

Table 12: Tesla, Inc., Ratio Analysis 96

Table 13: ABB, Ratio Analysis 104

Table 14: Blink Charging, Key Statistics, 2018 108

Table 15: Blink Charging, Ratio Analysis 109

11

For our study on North America electric vehicle charging station market, we have conducted comprehensive

secondary research followed by an extensive primary research. In the process of secondary research, we

have scrutinized industry documents, accessed from open sources, premium paid databases (Bloomberg,

Thomson Reuters, Factiva) and our internal knowledge base. In the process of primary research, we have

interviewed various industry experts across the value chain of this industry.

Market size of the actual period (2013-2017) has been evaluated on the basis of growth trends of the

industry in the last five years, and confirming the findings through primary research. Annual reports of

the companies were scanned to further validate the market size and to estimate the size of various other

end-user sectors. Market sizing and growth in the forecast period (2018-2023) is estimated through

product mapping, application in end-user industries, growth of allied sectors and historical growth

pattern of the industry. All the relevant data points/statistics in the forecast period are validated through

relevant and reliable primary sources.

Report Focus: North America Electric Vehicle Charging Stations Market

- By Vehicle Type (BEV and PHEV)

- By Equipment- (Hardware and Software)

- By Charger Type- (Slow and Fast)

- By Slow Charger Sub-type – (Level 1 AC and Level 2 AC)

- By Fast Charger Sub-type – (Level 3 AC Tri-phase and Level 3 DC Tri-phase)

- By Country ( U.S., Canada and Mexico)

12

Research Methodology

North America Electric Vehicle Charging Station Market Overview

Source: Azoth Analytics Estimates

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Heavy investments by automakers in research and development of high performance yet economical

electric vehicles has been one of the key factors backing the regional EV charging market.

2013 2014 2015 2016 2017

Figure 1: North America Electric Vehicle Charging Station Market Size, By Value, 2013-2017 (USD Million)

CAGR 2013-2017

xx%

13

North America Electric Vehicle Charging Station Market Overview

Noteworthy growth in the regional market is attributed to high focus on electric vehicle sales,

and strategic mergers and acquisitions by key players.

2018 2019 2020 2021 2022 2023

Source: Azoth Analytics Estimates

CAGR 2018-2023

xx%

Figure 2: North America Electric Vehicle Charging Station Market Size, By Value, Forecast, 2018-2023 (USD Million)

14

Xx

Xx

Xx

Xx

Xx

Xx

Xx

North America Electric Vehicle Charging Stations Market-Company Share Analysis

Figure 5: North America Electric Vehicle Charging

Stations Market, By Company, 2017E (%)

Tesla Nissan

BMW Others

Source: Azoth Analytics Estimates

15

Figure 6: North America Electric Vehicle Charging

Stations Market, By Company, 2023F (%)

Tesla Nissan

BMW Others

16

U.S. Electric Vehicle Charging Station Market, By Value

• .

Source: Azoth Analytics Estimates

Xx

Xx

Xx

Xx

Xx

Xx

Xx

Rising number of electric vehicles in the country along with growing investment in charging

infrastructure will support the market.

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Figure 12: U.S. Electric Vehicle Charging Station Market Size, By Value, 2013-2023 (USD Million)

CAGR 2013-2017

xx%

CAGR 2018-2023

xx%

U.S Electric Vehicle Charging Stations Market-Company Share Analysis

Figure 16: U.S Electric Vehicle Charging

Stations Market, By Company, 2017E (%)

On the basis of number of locations of public electric vehicle charging stations, Charge Point has the

dominant share in the market, followed by Tesla, Inc.

ChargePoint

Tesla

Blink Network

SemaConnect Network

Evgo

Others

Source: Azoth Analytics Estimates

17

Figure 17: U.S Electric Vehicle Charging Stations

Market, By Company, 2023F (%)

ChargePoint

Tesla

SemaConnect

Evgo

Others

BUSINESS OVERVIEW

• Headquartered in Zurich, Switzerland, ABB is a pioneering technology leader. The

company operates through the following business segments: Electrification

Products, Robotics and Motion, Industrial Automation and Power Grids.

• Under the Electrification Products division, ABB manufactures and sells products

and services including electric vehicle charging, solar inverters, modular substation

packages, etc.

COMPANY AT A GLANCE

Employees: Approximately 134,800

Company Type: Public

Year of Incorporation : 1988

Website : https://new.abb.com/ev-

charging/

Presence in Electric Vehicles Charging Station Market

• ABB entered the electric vehicle charging market in the year 2010 and since then the company has installed more than 6,500

fast charging stations in 57 countries. Moreover, these stations are connected via a cloud-computing platform, which enables

integrated vehicle and fleet data management as well as cashless payment facilities among other things.

• As per the company report, ABB has been selected to supply its Terra HP charging stations as part of the biggest electric vehicle

infrastructure project to date in the U.S. The chargers, which can refresh even the largest electric vehicle battery in under 15

minutes, were selected for deployment by Electrify America, which plans to place hundreds of charging stations within and

around 17 metropolitan areas and along multiple nationwide highway corridors.

• In Canada, the company has set up the Center of Excellence in E-Mobility, part of a USD 90 million investment in the company’s

Campus Montréal. The center has installed 2 of ABB’s Terra 53 DC charging stations to demonstrate the technology’s potential.

ABB

18

Electrification Products

Robotics and Motion

Industrial Automation

Power Grids

Figure 49: ABB, Revenue, By Business Sector, 2017

(In %)

Figure 50: ABB, Electrification Products Division, Net

Sales, By Geographic Region, 2017 (In %)

Source: Company Reports

ABB

2015 2016 2017

CAGR: xx%

Figure48 : ABB, Electrification Products Division, Net Sales, 2015-2017 (In Billion USD)

19