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EV, Emerging Industry

<2024> Electric Vehicle Charging Infrastructure_ Global Trends and Market Outlook (~2030)

 

 

As the electric vehicle (EV) market has grown rapidly, the importance of charging infrastructure has become more important than ever. Accordingly, SNE Research has published the latest report on “Global Trends and Market Outlook for Electric Vehicle Charging Infrastructure (~2030).”

 

 

 

-     This report provides an in-depth analysis of the current and future of electric vehicle charging infrastructure worldwide. Key findings include:

 

-     Global Market Trends: Analysis of recent trends in charging infrastructure expansion (policies and current status)

 

-     Regional Growth Outlook: Analysis of market outlook and opportunity factors in major regions such as Korea, US, China, and Europe

 

-     Competitive Landscape: Analysis of major companies’ strategies and positioning in the market

 

-     ​​Future Outlook: Forecast of charging infrastructure market growth and key trends up to 2030

 

-     Technological Innovation: Advances in charging infrastructure technology such as fast charging technology and smart grid integration and their impact

 

 

 

This report will help to increase the overall understanding of the electric vehicle charging infrastructure market and provide important insights to related companies, investors, and policy makers.

 

 

 

This report is divided into five chapters.

 

In Chapter 1, we introduced the revolutionary changes that E-mobility has brought to existing transportation. In addition, we will discuss the impact of the spread of electric vehicles on the value chain of the automobile industry and the importance of charging infrastructure.

 

Chapter 2 explains the basic concepts and structure of electric vehicle charging infrastructure. Charging infrastructure is classified by charging speed and method, and there are various standards by country and region. It covers in depth the charger standards and technical requirements of each country, and the regulations related to them.

 

Chapter 3 analyzes the current status and future outlook of the global and domestic electric vehicle industry and charging infrastructure market. It examines the trends and policies of the electric vehicle market in major regions around the world (Korea, US, Europe, China, etc.) and presents plans and outlook for expansion of charging infrastructure in each country. It also covers the current status and policy trends of domestic charging infrastructure in depth.

 

Chapter 4 covers major corporate trends and issues in the electric vehicle and charging infrastructure industries. It analyzes the latest trends of car makers and charging infrastructure companies and summarizes major issues being discussed in the industry. It also introduces the development of next-generation technologies such as ultra-fast charging, wireless charging, and sustainable charging technology.

 

Finally, Chapter 5 provides strategic recommendations to activate the electric vehicle charging infrastructure market. We present policy and technical measures that can promote market growth and share insights on effective ways to build charging infrastructure.

 

 

 

 

 

Below is a table of contents for the entire report and contents for inserted figures and tables.



 

-Contents-

 

1.         Introduction: E-Mobility Revolution and Key Trends in Transportation 

 

1.1.       Definition of E-mobility

 

1.2.       Differences from existing internal combustion engine vehicles

 

1.3.       Changes in the value chain

 

1.3.1.          Battery market

 

1.3.2.          EV component market

 

1.4.       Importance of charging infrastructure

 

2.         Understanding EV Charging Infrastructure

 

2.1.       Charging infrastructure classification system

 

2.2.       Status of charging infrastructure standards by country and region

 

3.         Status and Outlook of EV and Charging Infrastructure Market

 

3.1.       Global/domestic EV industry trends and outlook

 

3.1.1.          Global/domestic EV industry trends

 

3.2.       Global/domestic EV policy trends 

 

3.2.1.          Domestic policy trends   

 

3.2.2.          Global policy trends

 

3.3.       Global charging infrastructure market status/outlook and policies

 

3.3.1.          Global (incl. Korea, US, China, Europe, Japan, and other countries)

 

3.3.2.          US      

 

3.3.3.          Europe (EU27+5)

 

3.3.4.          China   

 

3.3.5.          Other countries 

 

3.4.       Domestic charging infrastructure market status/outlook and policies  

 

3.4.1.          Domestic charging infrastructure market status      

 

3.4.2.          Domestic charging infrastructure market outlook    

 

3.4.3.          Domestic charging infrastructure policies   

 

4.         EV and charging infrastructure industry status and major issues       

 

4.1.       Completed vehicle (EV) related company trends     

 

4.2.       Charging infrastructure company trends

 

4.3.       Major issues of EV charging infrastructure industry 

 

4.4.       Next-generation technology in the charging field

 

4.4.1.          Ultra-Fast Charging

 

4.4.2.          Wireless Charging

 

4.4.3.          Sustainable Charging

 

5.         INSIGHT: Suggestions for revitalizing the charging infrastructure market

 

 

-Figures-

 

[Ch.1]

 

Fig. 1.1 Scope of E-mobility

 

Fig. 1.2 Differences between internal combustion engine vehicles and electric vehicles

 

Fig. 1.3 Average power source ratio in the United States and annual carbon emissions by vehicle type

 

Fig. 1.4 Driving efficiency of small electric vehicles

 

Fig. 1.5 Fuel efficiency by vehicle weight increase by vehicle type

 

Fig. 1.6 History of electric vehicles

 

Fig. 1.7 Scope of electric vehicle manufacturing value chain

 

Fig. 1.8 Prospects for expansion of electric vehicles and charging infrastructure for carbon neutrality in the transportation sector

 

Fig. 1.9 Annual investment required to achieve carbon neutrality 1.5-degree scenario in 2030

 

Fig. 1.10 Ratio of charging stations per electric vehicle in large cities

 

Fig. 1.11 Securing power grid flexibility through electric vehicle batteries

 

Fig. 1.12 Projected contribution of electric vehicles to peak power load by hour in the evening/night charging case of the 2030 Sustainable Development Scenario

 

Fig. 1.13 The voltage and current required for charging are determined by the BMS in the vehicle

 

Fig. 1.14 Determining the charging capacity based on the battery condition

 

Fig. 1.15 Main components of a fast charger

 

[Ch.2]

 

Fig. 2.1 Electric vehicle charging infrastructure configuration system

 

Fig. 2.2 Electric vehicle charging infrastructure configuration diagram

 

Fig. 2.3 Charger terminology

 

Fig. 2.4 Classification of charging technology

 

Fig. 2.5 Classification of electric vehicle charging infrastructure

 

[Ch.3]

 

Fig. 3.1 Changes in the automobile parts industry

 

Fig. 3.2 Changes in the global value chain structure

 

Fig. 3.3 Key contents of support for the major transformation of the industrial ecosystem

 

Fig. 3.4 Ban on sales and operation of internal combustion engine vehicles and carbon neutrality plans by country

 

Fig. 3.5 Status of electric vehicle subsidy support in major countries

 

Fig. 3.6 Global scale of charging infrastructure

 

Fig. 3.7 Global scale of slow charging infrastructure

 

Fig. 3.8 Global scale of fast charging infrastructure

 

Fig. 3.9 Number of EVs per charger (Global, national)

 

Fig. 3.10 Global charger market outlook (IHS)

 

Fig. 3.11 Global electric vehicle charging service market size outlook

 

Fig. 3.12 Global electric vehicle charging index score

 

Fig. 3.13 Global electric vehicle charging index score

 

Fig. 3.14 Electric vehicle distribution outlook for achieving carbon neutrality in the United States

 

Fig. 3.15 Distribution of chargers by major charging service providers in the United States

 

Fig. 3.16 Distribution of the number of chargers by type of chargers of major US charging companies

 

Fig. 3.17 Trends in the US electric vehicle charging station market: (left) level 2 chargers, (right) DC fast chargers

 

Fig. 3.18 Size of US charging infrastructure

 

Fig. 3.19 Number of chargers in the US

 

Fig. 3.20 Proportion of slow/fast chargers in the US

 

Fig. 3.21 Number of slow chargers in the US

 

Fig. 3.22 Proportion of slow chargers in the US by speed

 

Fig. 3.23 Number of fast chargers in the US

 

Fig. 3.24 Proportion of fast chargers in the US by speed

 

Fig. 3.25 Number of slow chargers in public facilities in the US

 

Fig. 3.26 Number of fast chargers in public facilities in the US

 

Fig. 3.27 Number of EVs per charger in US (slow and fast)

 

Fig. 3.28 Number of EVs per charger in US (private and public)

 

Fig. 3.29 Support programs for expanding electric vehicles and charging stations by the US Department of Transportation (DOT)

 

Fig. 3.30 Status of electric vehicle charging infrastructure in Europe

 

Fig. 3.31 Distribution ratio of public chargers by European country

 

Fig. 3.32 Status of charging stations compared to electric vehicles per 100,000 people in Europe

 

Fig. 3.33 Outlook for installing public chargers in Europe

 

Fig. 3.34 Impact of electric vehicle charging usage in Europe on electricity demand

 

Fig. 3.35 European charging infrastructure market size

 

Fig. 3.36 Number of European chargers

 

Fig. 3.37 Proportion of number of slow/fast chargers in Europe

 

Fig. 3.38 Number of slow chargers in Europe

 

Fig. 3.39 Proportion of slow chargers by speed in Europe

 

Fig. 3.40 Number of fast chargers in Europe

 

Fig. 3.41 Proportion of fast chargers by speed in Europe

 

Fig. 3.42 European charging infrastructure market size (private/public)

 

Fig. 3.43 Number of private chargers in Europe

 

Fig. 3.44 Number of public chargers in Europe

 

Fig. 3.45 Charging ratio in Europe (private, public)

 

Fig. 3.46 Charging ratio in Europe (slow, fast)

 

Fig. 3.47 Number of chargers by region in Europe in 2018 (public)

 

Fig. 3.48 Number of chargers by region in Europe in 2023 (public)

 

Fig. 3.49 Status of charging stations installed in Germany from 2017 to 2023 (unit: units)

 

Fig. 3.50 Status of electric battery charging system in Germany (as of October 2023)

 

Fig. 3.51 Penetration rate of BEV_PHEV in China

 

Fig. 3.52 Trend of electric vehicle sales in China

 

Fig. 3.53 Trend of electric vehicles and chargers in China

 

Fig. 3.54 Electric vehicle charging volume by province and city in China in 2021

 

Fig. 3.55 China's monthly public chargers in 2020~2021

 

Fig. 3.56 Market share of public charger operators

 

Fig. 3.57 Size of China's charging infrastructure market

 

Fig. 3.58 Number of chargers in China

 

Fig. 3.59 Share of number of slow/fast chargers in China

 

Fig. 3.60 Number of slow chargers in China

 

Fig. 3.61 Share of slow chargers in China by speed

 

Fig. 3.62 Number of fast chargers in China

 

Fig. 3.63 Share of fast chargers in China by speed

 

Fig. 3.64 Size of China's charging infrastructure market

 

Fig. 3.65 Number of private chargers in China

 

Fig. 3.66 Number of public chargers in China

 

Fig. 3.67 Number of EVs per charger in China (private, public)

 

Fig. 3.68 Number of EVs per charger in China (slow, fast)

 

Fig. 3.69 ‘2020 New vehicle purchase preference survey targeting Indian consumers

 

Fig. 3.70 Electric vehicle incentive support contents

 

Fig. 3.71 Size of the Japanese charging infrastructure market

 

Fig. 3.72 Number of chargers in Japan

 

Fig. 3.73 Proportion of number of slow/fast chargers in Japan

 

Fig. 3.74 Number of EVs per charger in Japan (slow, fast)

 

Fig. 3.75 RoW charging infrastructure market size

 

Fig. 3.76 RoW country share (2023)

 

Fig. 3.77 RoW charging ratio (slow, fast)

 

Fig. 3.78 Electric vehicle and charger distribution status by domestic region (Source: Ministry of Land, Infrastructure and Transport)

 

Fig. 3.79 Rapid charger distribution status by domestic region (Source: Ministry of Land, Infrastructure and Transport)

 

Fig. 3.80 Monthly average charger usage status by domestic installation location (Source: Korea Power Exchange)

 

Fig. 3.81 Hyundai-Kia charging products and services

 

Fig. 3.82 LG Group charging products and services

 

Fig. 3.83 GS Connect domestic charger installation trend

 

Fig. 3.84 GS Group charging business SWOT analysis

 

Fig. 3.85 SK Group charging products and services

 

Fig. 3.86 SK Group charging business SWOT analysis

 

Fig. 3.87 Lotte Group charging business SWOT analysis

 

Fig. 3.88 Mismatch analysis by nationwide fast charger installation location (by facility)

 

Fig. 3.89 Mismatch analysis by nationwide fast charger installation area (by region)

 

Fig. 3.90 Survey on electric vehicle charging infrastructure and charging manners

 

Fig. 3.91 Size of domestic charging infrastructure

 

Fig. 3.92 Number of domestic chargers

 

Fig. 3.93 Proportion of domestic slow/fast chargers

 

Fig. 3.94 Domestic vehicle charging ratio

 

Fig. 3.95 Number of domestic slow chargers

 

Fig. 3.96 Proportion of domestic slow chargers by speed

 

Fig. 3.97 Number of domestic fast chargers

 

Fig. 3.98 Proportion of domestic fast chargers by speed

 

Fig. 3.99 Proportion of slow/fast in apartment complexes

 

Fig. 3.100 Number of slow/fast chargers in apartments

 

Fig. 3.101 Slow/fast charging ratio in apartments among multi-family housing facilities

 

Fig. 3.102 Slow/fast charging ratio in commercial facilities

 

Fig. 3.103 Number of slow/fast chargers in commercial areas

 

Fig. 3.104 Slow/fast charging ratio in public facilities

 

Fig. 3.105 Fast chargers in highway rest areas

 

Fig. 3.106 Fast chargers in gas stations among commercial facilities

 

Fig. 3.107 Fast chargers in other facilities (tourist facilities, educational and cultural facilities, schools, neighborhood living facilities, gas stations, shopping malls, parking facilities, vehicle maintenance facilities, rest areas, highways, local roads)

 

Fig. 3.108 Market share by charging point operator (CPO)

 

Fig. 3.109 Market share by electric vehicle supply equipment (EVSE)

 

Fig. 3.110 Key tasks of the Carbon Neutral Green Growth Committee

 

Fig. 3.111 Detailed plan for expansion of charging infrastructure

 

Fig. 3.112 Current status and plan of electric vehicles and electric vehicle chargers in Korea

 

Fig. 3.113 Roadmap for transfer of charging infrastructure to the private sector

 

Fig. 3.114 Electric vehicle charging service linked to renewable energy and energy storage systems

 

[Ch.4]

 

Fig. 4.1 Status of subsidiaries of advanced electric vehicle manufacturers by e-mobility service

 

Fig. 4.2 Wireless charging of electric vehicles while parked

 

Fig. 4.3 Wireless charging method while driving on the road

 

Fig. 4.4 Configuration of electric vehicle wireless charging system

 

Fig. 4.5 Configuration of electric vehicle wireless charging system

 

Fig. 4.6 Individual configuration of wireless charging system GA and VA

 

Fig. 4.7 Types and characteristics of electric vehicle wireless charging method

 

Fig. 4.8 Types of wireless charging technology

 

Fig. 4.9 SAE standards related to wireless charging

 

Fig. 4.10 Wireless communication configuration suggested by SAE J2954/2

 

Fig. 4.11 Wireless charging standard establishment activities

 

Fig. 4.12 Sustainable charging infrastructure

 

Fig. 4.13 Electric vehicle charging system linked to solar power generation and energy storage system

 

Fig. 4.14 Direction of promotion of new energy industry based on renewable energy

 

Fig. 4.15 Load leveling of V2G system

 

Fig. 4.16 Relationship between V2G system components

 

Fig. 4.17 AC bidirectional charging and DC bidirectional charging concept diagram

 

Fig. 4.18 V2G related standard examples


 

 

-Tables-

 

[Ch.1]

 

Table 1.1 Factors hindering the distribution of electric vehicles

 

[Ch.2]

 

Table 2.1 Charging mode classification

 

Table 2.2 Charging type and level classification

 

Table 2.3 Electric vehicle charging standards by region

 

[Ch.3]

 

Table 3.1 Global electric vehicle sales (‘18~‘22)

 

Table 3.2 Global electric vehicle parts market size forecast

 

Table 3.3 Electric vehicle-related Society of Automotive Engineers (SAE) standards

 

Table 3.4 Domestic zero-emission vehicle distribution status (as of `23.12.31)

 

Table 3.5 Comparison of domestic and global electric vehicle distribution policies

 

Table 3.6 Comparison of major policy goals related to eco-friendly vehicles by country

 

Table 3.7 Global charging infrastructure hardware market forecast

 

Table 3.8 European eco-friendly sector-related laws

 

Table 3.9 Number of chargers by region in Europe (public) in 2018 and 2023

 

Table 3.10 Support measures for electric vehicle charging infrastructure by major European countries (Source: Wallbox, SK Securities)

 

Table 3.11 Infrastructure support policies in major regions in China

 

Table 3.12 GS Group charging business strategy and status

 

Table 3.13 SK Group charging business strategy and status

 

Table 3.14 Lotte Group business strategy and status

 

[Ch.4]

 

Table 4.1 Status of electric vehicle manufacturers and models (domestic)

 

Table 4.2 Status of slow and fast charger manufacturing models by electric vehicle charger manufacturer

 

Table 4.3 Issues related to electric vehicle charging infrastructure

 

Table 4.4 Cases of overseas interoperability test centers

 

Table 4.5 Comparison of wireless charging methods

 

Table 4.6 Standards related to wireless charging

Table 4.7 Standards related to V2G​