Peer-to-Peer Electric Vehicle Charging Market

The developing electric vehicle market and other major driving factors is expected to favor the rise in the global peer-to-peer electric vehicle charging market

 

Reports and Insights has published a new report titled, “Peer-To-Peer Electric Vehicle Charging Market: Opportunity Analysis and Future Assessment 2022-2030

Global Peer-to-Peer Electric Vehicle Charging Market, By Charger Type (By Charger Type (Level 1, Level 2), By Application (Commercial (Destination Charging Station, Fleet Charging Station, Workplace Charging Station, Others), Residential (Private Homes, Apartments)) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2022 and 2030.

Along with growing concerns over fossil fuel depletion and the influence of Internal Combustion Engine (ICE) vehicles on the climate, the transportation and automotive industry is witnessing a swift propagation of Electric Vehicles (EVs). Having said that, there is still a lack of electric vehicle charging infrastructure which is likely to slow down the growth of the global electric vehicle market. Thus, the peer-to-peer electric vehicle charging system is introduced as a revolutionary concept that possesses the capability to enormously improve the present times shortage of charging infrastructure.

Basically, the peer-to-peer or P2P charging can be perceived as a system where individuals share their private EV charge points publicly in the open with other EV drivers. Using the peer-to-peer charging system, the EV private owners can make their charging points accessible for the public during the time periods when they are not personally utilizing it.

Notably, there are several EV manufacturers and Original Equipment Manufacturers (OEMs) who are constantly putting efforts to fortify the interoperability of electric vehicles and charging infrastructure, which is primarily projected to boost the peer-to-peer electric vehicle charging market in the forthcoming years.

In addition to that, governments all around the world are persistently allotting the needed space for setting up the electric vehicle charging infrastructure in residential places, which is further estimated to offer lucrative opportunities to the global peer-to-peer electric vehicle charging market over the following years.

Moreover, the constantly developing electric vehicle market all across the globe along with the brisk adoption of electric vehicles in emerging regions is further estimated to offer massive breakthroughs to the growth of the global peer-to-peer electric vehicle charging in the coming years.

Reports and Insights Study identifies some of the key participating players in the peer-to-peer electric vehicle charging market globally are Chargepoint Inc., Innogy, Power Hero, Enphase Energy Inc., EV Meter, Greenlots, has·to·be gmbh, Enel X, EVBox, Webasto Group, among others.

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