UK EV Charging Equipment Market Outlook to 2027
Driven by Rising Demand for Eco-friendly Transport and Strong Government Policies and Incentives
Region:Europe
Author(s):Rishabh Pahava and Anne Siliva Dasi
Product Code:KR1318
May 2023
118
About the Report
The report provides a comprehensive analysis of the potential of EV Charging Equipment Market in UK. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The report has market segmentation which include segments by type of vehicles, by type of passenger vehicles, by applications, by type of chargers, by type of connectors, by type of entities, by type of sales channel, by source of manufacturing and by major cities; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the UK EV Charging Equipment Market is at growing stage and market is supported by many EV equipment manufacturers, charging network, suppliers and installers. Market has high scope and growth is driven by rising EV adoption with rapid urbanization and technological advancements along with government initiatives & policies.
- Under the Electric Vehicle Infrastructure Strategy, charging electric vehicles will become easier and cheaper than re- fueling a petrol or diesel car.
- The demand for EV is anticipated to be high in passenger vehicle segment as top car manufacturers are will move towards EV from internal combustion engine as there would be a ban on sale of gasoline vehicles from 2030 in the country.
- Public EV charging networks provide invaluable charging support and the opportunity to extend journey distances where EV networks are planning to equip all public charging stations with only rapid and ultra-rapid chargers in the country.
Key Trends by Market Segment:
By Type of Vehicle: The growth of Passenger Vehicles in UK is booming as the country prepares itself for the 2030 ban on new petrol and diesel vehicle sales and ban the sale of new hybrid vehicles by 2035.
By Types of Entities: CPOs has the largest share as Siemens and Osprey Charging, one of UK’s leading CPO, have launched a new collaboration to help fast-track the commissioning of electric vehicle charging sites.
Competitive Landscape:
Future Outlook:
The EV Charging Equipment Market is expected to expand in UK in the future owning to robust investment plans made by the government under their electric vehicle infrastructure strategy. Also, the demand for EV is anticipated to be high in passenger vehicle segment as top car manufacturers are will move towards EV from internal combustion engine as there would be a ban on sale of gasoline vehicles from 2030 in the country.
Scope of the Report
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UK EV Charging Equipment Market Segmentation |
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By Type of Vehicle |
Passenger Vehicle Commercial Vehicle |
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By Passenger Vehicle |
4-Wheeler 2-Wheeler |
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By Application |
Public Charging Station Home Chargers Private Charging Station Portable Chargers |
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By Types of Chargers |
Fast (7-21kW) Slow (3-6 kW) Rapid (22-99 kW) Ultra- Rapid (100- 350 kW) |
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By Types of Connectors |
Type 2 (7 Pin) Type 1 (5 Pin) CHAdeMO CCS Tesla (Type 2 & CCS) |
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By Types of Entities |
CPOs Service Providers Manufacturers |
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By Types of Sale Channels |
Direct Sales Distribution Online Sale |
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By Source of Manufacturing |
Domestic Import |
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By Major Cities |
Greater London South East Scotland West Midlands Rest of UK |
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:
- Electricity Supplier
- EV Manufacturers
- EV Charging Equipment Manufacturers
- EV Charging System Operator
- Demand side Transport Operators
- Government Bodies
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Period: 2022
- Forecast Period: 2022-2027
Companies
Major Players Mentioned in the Report:
- Rolec
- Tesla
- Mer
- Ubitricity
- BP Pulse
- Pod Point
- Genie Point
- Osprey Charging
- Charge Place Scotland
- Source London
- gy
- Insta Volt Ltd
- Connected Kerb
- GridServe
Table of Contents
1. Executive Summary
1.1 Executive Summary: EV Charging Equipment Market in UK
2. Country Overview of the United Kingdom
2.1 UK Country Profile
2.2 UK Trade Profile
2.3 UK Population Analysis
2.4 Cross- Comparison of EV amongst different Countries
3. EV Market Overview in the United Kingdom
3.1 Global Electric Vehicle Market Overview
3.2 UK EV Adoption Trends
3.3 UK EV Snapshot
3.4 UK Electric Vehicles Heat Map
3.5 UK EV Passenger Car and LCVs Scenario
3.6 Factors Driving Electrification in the UK
3.7 Cross- Comparison of UK EV Passenger Car
3.8 Cross- Comparison of UK EV Vans & Pick- Ups
3.9 Cross- Comparison of UK EV Vans & Pick- Ups Heavy Commercial Vehicles
3.10 Cross- Comparison of UK Electric Motorcycles
3.11 Cross- Comparison of UK Electric Buses
4. The UK EV Charging Equipment Market
4.1 Ecosystem of UK EV Charging Equipment Market
4.2 Business Cycle of UK EV Charging Equipment Market
4.3 Timeline of Major Players in UK EV Charging Equipment Market
4.4 Value Chain of UK EV Charging Equipment Market
4.5 Procurement Funnel
4.6 Public Charging Points in UK by Region, 2022
4.7 Market Sizing of EV Charging Equipment Market in UK, 2022
5. The UK EV Charging Equipment Market Segmentations, 2017- 2022
5.1 UK EV Charging Equipment Market Segmentation by Type of Vehicles, 2022
5.2 UK EV Charging Equipment Market Segmentation by Type of Passenger Vehicles, 2022
5.3 UK EV Charging Equipment Market Segmentation by Application, 2022
5.4 UK EV Charging Equipment Market Segmentation by Types of Chargers, 2022
5.5 UK EV Charging Equipment Market Segmentation by Types of Connectors, 2022
5.6 UK EV Charging Equipment Market Segmentation by Type of Entities, 2022
5.7 UK EV Charging Equipment Market Segmentation by Types of Sale Channels, 2022
5.8 UK EV Charging Equipment Market Segmentation by Source of Manufacturing, 2022
5.9 UK EV Charging Equipment Market Segmentation by Major Cities, 2022
5.10 Cross- Comparison of UK Major Cities
5.11 UK EV Charging Equipment Market Segmentation by Types of Chargers (Public CS), 2022
5.12 UK EV Charging Equipment Market Segmentation by Types of Connectors (Public CS), 2022
6. Competition Analysis of The UK EV Charging Equipment Market
6.1 Competitive Landscape of Major Players Operating in the EV Charging Equipment Market in UK
6.2 Market Share of Major Public Charging Points in UK by CPOs, 2022
6.3 Cross- Comparison of Major Players of the UK EV Charging Equipment Market
7. Pricing Analysis of The UK EV Charging Equipment Market
7.1 Pricing of Different EV Charging Equipment Companies
7.2 Pricing of 2-Wheeler Charger
7.3 Pricing of Different EV Chargers
8. Product Cross- Comparison and Investment Model of The UK EV Charging Equipment Market
8.1 Product Cross- Comparison of UK EV Charging Equipment, By EV Box and Wallbox Chargers
8.2 Product Cross- Comparison of UK EV Charging Equipment, By ABB and Simens
8.3 Product Cross- Comparison of UK EV Charging Equipment, By Charge Point and Schneider Electrics
8.4 Product Cross- Comparison of UK EV Charging Equipment, By Sevadis and Rolec
8.5 Investment Model of UK EV Charging Station, 2022
9. Industrial Analysis of the UK EV Charging Equipment Market
9.1 SWOT Analysis of UK EV Charging Equipment Market
9.2 Growth Drivers of UK Charging Equipment
9.3 Trends and Developments in the UK EV Charging Equipment
9.4 UK Government Emission Targets
9.5 Government Incentives for EVs in the UK
9.6 Grants Provided by the UK Government in the EV Charging Equipment
9.7 Technology Innovations in EV Charging
9.8 Bottlenecks of the UK EV Charging Equipment Market
10. End User Analysis of the UK EV Charging Equipment Market
10.1 Decision Making Parameters of EV Charging Equipment
10.2 UK EV Charging Equipment End User Paint Points and Solutions
11. Future Outlook & Projections of the UK EV Charging Equipment Market
11.1 Future Outlook & Projections of the UK EV Charging Equipment Market, 2027
11.2 UK EV Charging Equipment Market Segmentation by Type of Vehicles and Type of Passenger Vehicles, 2027
11.3 UK EV Charging Equipment Market Segmentation by Application and Source of Manufacturing, 2027
11.4 UK EV Charging Equipment Market Segmentation by Types of Chargers and Type of Connectors, 2027
11.5 UK EV Charging Equipment Market Segmentation by Types of Chargers and Types of Connectors in Public Charging Stations, 2027
11.6 UK EV Charging Equipment Market Segmentation by Type of Entities and Type of Sales Channel, 2027
11.7 UK EV Charging Equipment Market Segmentation by Major Cities, 2027
12. Market Opportunities and Analyst Recommendations
12.1 Case Study- Shell Global
12.2 Strategies to Accelerate Charge Point Deployment in UK
12.3 Key Market Opportunities
12.4 Potential Product Options and Emerging Business Solutions
12.5 Product Positioning Strategies
12.6 Benefits of Adopting Battery Swapping
13. Research Methodology
13.1 Market Definitions and Assumptions
13.2 Abbreviations
13.3 Market Sizing Approach
13.4 Consolidated Research Approach
13.5 Sample Size Inclusion
13.6 Limitation and Future Conclusion
Disclaimer
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Research Methodology
Step: 1 Identifying Key Variables:
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step: 2 Market Building:
Collating statistics on EV and EV equipment over the years, penetration of EV sales and EV Charging equipment ratio to compute overall revenue generated. We will also EV manufacturer, Charging Network, Suppliers and Installers statistics to understand revenue generated amount which can ensure accuracy behind the data points shared.
Step: 3 Validating and Finalizing:
Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step: 4 Research output:
Our team will approach multiple EV charging equipment providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from EV charging equipment providers.
Frequently Asked Questions
01 How big is the UK EV Charging Market?
The UK EV Charging Equipment Market market size has been $394 million in 2021
02 How many EV charging equipment are there in UK?
There are 49,882 electric vehicle charging point across UK with 29,709 charging locations across UK
03 Who are the major players in UK EV Charging Equipment?
Bp Pulse, Pod Point, Grid Serve are the major players in UK EV Charging Equipment Market
04 What is the future of UK EV Charging Industry?
The UK EV Industry is expected to grow at an annual rate of 21.3% in the forecast year 2022-2027
05 Why is UK EV Charging Equipment Market growing?
Favourable government policies, increasing EV infrastructure & vehicles contribute to EV market's growth in UK.
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