Airport Electric Vehicle Charging Station Market Size to Reach $1.4 Billion, Globally, by 2031 at 23.3% CAGR

Airport Electric Vehicle Charging Station Market Trend

OREGAON, PORTLAND, UNITED STATES , September 19, 2023/EINPresswire.com/ -- Allied Market Research published a report, titled, "Airport Electric Vehicle Charging Station Market by Mode of charging (Plug-in charging, Wireless charging), by Charging level (Level 2, Level 3), by Product Type (Standing Type, Wall Mounted Type, Wireless Pad): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global airport electric vehicle charging station industry generated $0.18 billion in 2021, and is anticipated to generate $1.4 billion by 2031, witnessing a CAGR of 23.3% from 2022 to 2031.

✅ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/54033

𝐏𝐫𝐢𝐦𝐞 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐧𝐭𝐬 𝐨𝐟 𝐠𝐫𝐨𝐰𝐭𝐡

Surge in the production of electric vehicles and a rise in the adoption of electric vehicles, owing to government initiatives drive the growth of the global airport electric vehicle charging station market. However, the high cost of electric vehicle charging infrastructure, and the lack of standardization of current EV charging infrastructure restrict the market growth. Moreover, the incorporation of vehicle-to-grid (V2G) EV charging stations presents new opportunities in the coming years.

𝐓𝐡𝐞 𝐩𝐥𝐮𝐠-𝐢𝐧 𝐜𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐬𝐭𝐚𝐭𝐮𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on mode of charging, the plug-in charging segment held the highest market share in 2021, accounting for more than four-fifths of the global airport electric vehicle charging station market size, and is estimated to maintain its leadership status throughout the forecast period. This is because key players in the electric vehicle charging station are launching new EV fast-charging hubs for airports, which can work with all kinds of electric cars. However, the wireless charging segment is projected to manifest the highest CAGR of 26.5% from 2022 to 2031, as countries are focusing on introducing wireless electric car charging stations for electric buses in their airports.

✅ 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/airport-electric-vehicle-charging-station-market/purchase-options

𝐋𝐨𝐬𝐭 𝐎𝐟 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:
✱Blink Charging Co.,
✱Delta Electronics, Inc.,
✱General Electric Company,
✱Siemens AG,
✱Eves LLC,
✱Plugless Power Inc.,
✱ABB Ltd.,
✱Electroair OU,
✱WEBASTO GROUP,
✱Ningbo Dekon New Energy Co., Ltd.

𝐓𝐡𝐞 𝐋𝐞𝐯𝐞𝐥 𝟐 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐬𝐭𝐚𝐭𝐮𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on charging level, the level 2 segment held the highest market share in 2021, accounting for more than two-thirds of the global airport electric vehicle charging station market, and is estimated to maintain its leadership status throughout the forecast period. This type of charging equipment is compatible with all plug-in electric vehicles and electric vehicles and takes around 4-6 hours to fully charge a completely depleted battery. However, the level 3 segment is projected to manifest the highest CAGR of 25.2% from 2022 to 2031. It is the fastest type of charging available and can charge an electric vehicle at a rate of 3-20 miles per minute.

𝐓𝐡𝐞 𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐭𝐲𝐩𝐞 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on product type, the standing type segment accounted for the largest share in 2021, contributing to more than half of the global airport electric vehicle charging station market, and is projected to maintain its lead position during the forecast period. This is because standing-type EV charging stations come with long cables and also provide a wide output voltage range. However, the wireless pad segment is expected to portray the largest CAGR of 25.6% from 2022 to 2031, attributed to its ability to carry and store cables which typically avoids the risk associated with wires pertaining to wear and tear over time.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The COVID-19 pandemic has had a significant impact on the global airport EV charging station market due to widespread disruptions in global supply chains, economic activity, and production shutdowns. However, the pandemic’s impact on the automotive industry with the growing vaccination numbers globally is expected to come down gradually over the span of a couple of years. The post-pandemic demand for electric vehicle charging system-backed solutions is expected to grow appreciably as they offer superior comfort and safety to vehicles.

North America dominates the market in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global airport electric vehicle charging station market share in 2021 and is expected to grow at a significant rate during the forecast period, due to leading automobile manufacturers planning the deployment of huge EV charging infrastructure at airports in many countries of the region.

✅ 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/54033

Furthermore, Europe is the second largest airport electric vehicle charging station market due to technological advancements in charging stations and growth in vehicle standards across Europe such as strict emission limits. Moreover, airports in the UK are introducing charging stations for electric vehicles to promote the adoption of an EV in the country. For instance, in February 2022, London City Airport launched its first electric vehicle charging station to encourage staff and passengers to travel more sustainably.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬

https://www.alliedmarketresearch.com/hydrogen-fueling-station-market-A08501
https://www.alliedmarketresearch.com/electric-vehicle-charging-station-market-A17391
https://www.alliedmarketresearch.com/solar-carport-charging-station-market-A07888
https://www.alliedmarketresearch.com/electric-bus-charging-infrastructure-market-A31724

David Correa
Allied Analytics LLP
+1 800-792-5285
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