Airport Electric Vehicle Charging Station Market

The Airport Electric Vehicle (EV) Charging Station market is rapidly growing due to the increasing adoption of electric vehicles and the need for convenient charging options for airport passengers and employees. Airport EV charging stations are essential infrastructure for the promotion and adoption of electric vehicles in the transportation sector. In this article, we will examine the current market size and market share of the industry, the key players in the market, major trends and drivers affecting the industry, opportunities and threats, regulatory and legal issues, target demographics, and pricing trends in the industry.

Current Market Size and Market Share:

The global airport electric vehicle charging station market size was valued at USD ~473 million in 2020 and is expected to grow at a CAGR of +35% from 2021 to 2028.

The market is driven by the increasing demand for electric vehicles and the need for convenient charging solutions at airports. According to the International Energy Agency (IEA), the number of electric vehicles on the road reached 10 million in 2020, which is a significant increase from 2 million in 2016.

North America held the largest market share in 2020 due to the high adoption rate of electric vehicles and the presence of major airports in the region. The Asia Pacific region is expected to witness the highest growth rate during the forecast period due to the increasing government initiatives to promote the adoption of electric vehicles.

Key Players in the Industry:

• Blink Charging Co.
• Delta Electronics Inc.
• General Electric Company
• Siemens AG
• Eves LLC
• Plug less Power Inc.
• ABB Ltd.
• Electroair OU
• WEBASTO GROUP
• Ningbo Dekon New Energy Co. Ltd.

Segmentation:

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

By Regional & Country Level:

• North America

  • U.S.
  • Canada

• Europe

  • U.K.
  • France
  • Germany
  • Italy

• Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

• Latin America

  • Brazil
  • Mexico

• Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa

Major Trends and Drivers Affecting the Industry:

The increasing adoption of electric vehicles is the major driver of the airport electric vehicle charging station market. The rising concern over environmental pollution and the need for sustainable transportation are driving the adoption of electric vehicles. Additionally, the availability of government incentives, such as tax credits and rebates, is further accelerating the adoption of electric vehicles.

Another major trend in the airport electric vehicle charging station market is the development of advanced charging technologies. Companies are investing in research and development to develop faster and more efficient charging solutions to meet the growing demand for electric vehicles.

Opportunities and Threats in the Industry:

The increasing demand for electric vehicles presents significant growth opportunities for the airport electric vehicle charging station market. The growing adoption of electric vehicles and the need for convenient charging solutions at airports are expected to drive the demand for airport electric vehicle charging stations in the coming years.

However, the market is also facing some threats. One of the major threats is the availability of public charging infrastructure. The lack of public charging infrastructure is discouraging consumers from buying electric vehicles, which could negatively impact the demand for airport electric vehicle charging stations.

Regulatory and Legal Issues Affecting the Industry:

The airport electric vehicle charging station market is subject to various regulatory and legal issues. The industry is heavily regulated by various government bodies, and companies must comply with these regulations to operate in the market.

One of the major regulatory issues in the market is the need for standardization. The lack of standardization in charging infrastructure and equipment is creating confusion among consumers and hindering the growth of the market. The industry needs to establish uniform standards for charging infrastructure to promote the adoption of electric vehicles.

Target Demographics and Preferences:

The target demographics for the airport electric vehicle charging station market are airport passengers and employees who own or operate electric vehicles. The market is primarily driven by the need for convenient charging solutions at airports, which provide easy access to charging facilities.

The preferences and behaviors of the target demographics are also important to consider. Consumers prefer airport electric vehicle charging stations that are easy to use, offer fast charging.