Short Description
India EV Charging Stations Market , By Charging Station(AC Charging/ Normal Charging Station , DC Charging/ Super Charging Station and Inductive Charging Station ), Vehicle Type(Battery Electric Vehicle (BEV) and Plug-In Hybrid Electric Vehicles(PHEV)), Installation Type(Individual Houses, Commercial, Apartments and Others), Technology(Level 1, Level 2 and Level 3), Charger Type(Fixed Charger, Portable Charger ) Industry Trends and Forecast to 2029
Market Definition
The charging station for electric vehicles refers to the charging station operator that links an electric vehicle (EV) to a source of electricity for electric cars, community electric vehicles, and plug-in hybrids. Some charging stations have advanced features such as smart metering, cellular compatibility, and network access, while others are simple. An electric vehicle charging station is a point to charge the battery for the electric vehicle that varies from vehicle to vehicle. A few types of technologies are used to charge electric vehicles based on the batterys input power, classified as type 1, type 2, and type 3. The charging stations can be AC, DC, or inductive. These charging points can be installed for commercial applications or residential providing the speed to charge the electric vehicle, which depends on technology for the battery usage.
Charging stations are often called electric vehicle service equipment (EVSE) and are operated by private companies in the municipal car parks through electrical utility companies or retail shopping centers. These stations have special connexions that comply with the various electrical charge connector requirements. In India, the number of electric vehicle networks is growing to include a public-access charging station system for EV recharging. Governments, manufacturers, and infrastructure charging providers have established agreements to create such networks.
Market Segmentation
India electric vehicle charging stations market is segmented into charging station, vehicle type, installation type, technology and charger type.
Based on charging station, the India EV charging stations market is segmented into AC charging/normal charging station, DC charging/super charging station and inductive charging station
Based on vehicle type, the India EV charging stations market is segmented into battery electric vehicle (BEV) and plug-in hybrid electric vehicles (PHEV)
Based on installation type, the India EV charging stations market is segmented into commercial, apartments, and others
Based on technology, the India EV charging stations market is segmented into level 1, level 2 and level 3
Based on charger type, the India EV charging stations market is segmented into portable charger and fixed charger
Market Players
Some of the major players operating in India EV charging stations market are:
BRIGHTBLU
Mass-Tech Controls Pvt. Ltd.
Ensto Oy
Exicom Tele-Systems
Delta Electronics, Inc.
Fortum
Tata Power
ABB
P2 Power Solutions
TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 OVERVIEW OF INDIA ELECTRIC VEHICLE & INDIA EV CHARGING STATIONS MARKET 13
1.4 ELECTRIC VEHICLE CHARGING STATION 15
1.5 CURRENCY AND PRICING 16
1.6 LIMITATIONS 16
1.7 MARKETS COVERED 16
2 MARKET SEGMENTATION 19
2.1 MARKETS COVERED 19
2.2 YEARS CONSIDERED FOR THE STUDY 20
2.3 GEOGRAPHIC SCOPE 20
2.4 DBMR TRIPOD DATA VALIDATION MODEL 21
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 27
2.6 DBMR MARKET POSITION GRID 29
2.7 MULTIVARIATE MODELLING 31
2.8 CHARGING STATION CURVE 32
2.9 SECONDARY SOURCES 33
2.10 ASSUMPTIONS 33
3 EXECUTIVE SUMMARY 34
4 PREMIUM INSIGHTS 39
4.1 OVERALL ASSESSMENT OF ELECTRIC VEHICLE (EV) MARKET IN INDIA 41
4.2 PUBLIC CHARGING STATION (PCS) REQUIREMENTS AND PREVALENT BUSINESS MODELS 42
4.3 DEVELOPMENT OF MARKET ENTRY STRATEGY FOR SETTING UP OF EV CHARGING STATIONS 43
4.4 DEVELOPMENT OF REVENUE MODEL FOR EV CHARGING / BATTERY SWAPPING STATION IN INDIA 44
4.5 GO TO MARKET PLAN 45
4.6 REGULATION, RECENT AND UPCOMING TRENDS 46
4.7 UPCOMING ELECTRIC VEHICLE MODELS 46
4.8 TOP-SELLING EV MODEL SALES IN 2022 47
4.9 ELECTRIC VEHICLE MARKET ECOSYSTEM 48
5 MARKET OVERVIEW 49
5.1 DRIVERS 51
5.1.1 INCREASING DEMAND FOR ELECTRIC VEHICLES 51
5.1.2 INCENTIVES & SUBSIDIES BY THE GOVERNMENT FOR ELECTRIC VEHICLES 51
5.1.3 INCREASING ENVIRONMENTAL CONCERNS 52
5.1.4 HEAVY INVESTMENTS FROM AUTOMAKERS IN ELECTRIC VEHICLE CHARGING STATIONS 53
5.1.5 GROWING POPULARITY OF THE MOBILITY AS A SERVICE (MAAS) MODEL 53
5.1.6 GROWING ADOPTION OF PASSENGER VEHICLES SUCH AS ELECTRIC BUSES 54
5.1.7 RISING PRICES OF PETROLEUM 55
5.2 RESTRAINTS 55
5.2.1 HIGH UPFRONT COST 55
5.2.2 LACK OF COMMON CHARGING TECHNOLOGY 56
5.2.3 LACK OF ELECTRIC VEHICLE CHARGING INFRASTRUCTURE 56
5.3 OPPORTUNITIES 56
5.3.1 VEHICLE-TO-GRID (V2G) TECHNOLOGY FOR EV CHARGING STATIONS 56
5.3.2 RISING ADOPTION OF RENEWABLE ENERGY SOURCES FOR ELECTRICITY 57
5.3.3 CHARGING STATIONS BASED ON CLOUD TECHNOLOGY (SMART ELECTRIC VEHICLE CHARGING) 57
5.3.4 SOLAR CHARGING STATIONS FOR ELECTRIC VEHICLE 58
5.3.5 THE GOVERNMENT IS ENCOURAGING SME BUSINESS SEGMENTS TO SET UP CHARGING STATION INFRASTRUCTURE 58
5.4 CHALLENGES 59
5.4.1 HIGH EQUIPMENT AND INSTALLATION COST 59
5.4.2 STRINGENT GOVERNMENT REGULATIONS FOR THE INSTALLATION OF ELECTRIC VEHICLE CHARGING STATIONS 59
6 INDIA EV CHARGING STATIONS MARKET, BY CHARGING STATION 60
6.1 OVERVIEW 61
6.2 AC CHARGING/ NORMAL CHARGING STATION 62
6.3 DC CHARGING/ SUPER CHARGING STATION 62
6.4 INDUCTIVE CHARGING STATION 63
7 INDIA EV CHARGING STATIONS MARKET, BY VEHICLE TYPE 64
7.1 OVERVIEW 65
7.2 BATTERY ELECTRIC VEHICLE (BEV) 66
7.3 PLUG-IN HYBRID ELECTRIC VEHICLES(PHEV) 66
8 INDIA EV CHARGING STATIONS MARKET, BY INSTALLATION TYPE 67
8.1 OVERVIEW 68
8.2 INDIVIDUAL HOUSES 69
8.3 COMMERCIAL 69
8.3.1 PUBLIC STATIONS 70
8.3.2 OTHERS 70
8.4 APARTMENTS 70
8.5 OTHERS 70
9 INDIA EV CHARGING STATIONS MARKET, BY TECHNOLOGY 71
9.1 OVERVIEW 72
9.2 LEVEL 2 72
9.3 LEVEL 3 73
9.4 LEVEL 1 73
10 INDIA EV CHARGING STATIONS MARKET, BY CHARGER TYPE 74
10.1 OVERVIEW` 75
10.2 FIXED CHARGER 76
10.3 PORTABLE CHARGER 76
11 INDIA ELECTRIC VEHICLE MARKET, BY POWER OUTPUT 77
11.1 OVERVIEW 78
11.2 LESS THAN 100 KW 79
11.3 100 TO 250 KW 79
11.4 MORE THAN 250 KW 79
12 INDIA ELECTRIC VEHICLE MARKET, BY VEHICLE CLASS 80
12.1 OVERVIEW 81
12.2 MID-PRICED 82
12.3 LUXURY 82
13 INDIA ELECTRIC VEHICLE MARKET, BY ELECTRIC MOTOR TYPE 83
13.1 OVERVIEW 84
13.2 DC MOTOR 85
13.3 BRUSHLESS DC MOTORS 85
13.4 PERMANENT MAGNET SYNCHRONOUS MOTORS 85
13.5 THREE PHASE INDUCTION MOTORS 85
14 INDIA ELECTRIC VEHICLE MARKET, BY CHARGING STATION TYPE 86
14.1 OVERVIEW 87
14.2 NORMAL CHARGING 88
14.3 SUPER CHARGING 88
15 INDIA ELECTRIC VEHICLE MARKET, BY LEVEL TYPE 89
15.1 OVERVIEW 90
15.2 LEVEL 2 91
15.3 LEVEL 3 91
15.4 LEVEL 1 91
16 INDIA ELECTRIC VEHICLE MARKET, BY NUMBER OF WHEELS 92
16.1 OVERVIEW` 93
16.2 TWO WHEELERS 94
16.3 THREE WHEELERS 94
16.4 FOUR WHEELERS 94
16.4.1 PC 95
16.4.2 LCV 95
16.4.3 HCV 95
17 INDIA ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE 96
17.1 OVERVIEW 97
17.1.1 BEV 98
17.1.1.1 LESS THAN 100 KW 98
17.1.1.2 100 TO 250 KW 98
17.1.1.3 MORE THAN 250 KW 98
17.1.2 FCEV 98
17.1.2.1 LESS THAN 100 KW 99
17.1.2.2 100 TO 250 KW 99
17.1.2.3 MORE THAN 250 KW 99
17.1.3 PHEV 99
17.1.3.1 LESS THAN 100 KW 100
17.1.3.2 100 TO 250 KW V 100
17.1.3.3 MORE THAN 250 KW 100
17.1.4 HEV 100
17.1.4.1 LESS THAN 100 KW 100
17.1.4.2 100 TO 250 KW 100
17.1.4.3 MORE THAN 250 KW 100
18 INDIA ELECTRIC VEHICLE MARKET, COMPANY LANDSCAPE 101
18.1 COMPANY SHARE ANALYSIS: INDIA 101
19 INDIA ELECTRIC VEHICLE CHARGING STATION MARKET, COMPANY LANDSCAPE 105
19.1 COMPANY SHARE ANALYSIS: INDIA 105
20 SWOT ANALYSIS 106
21 COMPANY PROFILE 107
21.1 TATA MOTORS 107
21.1.1 COMPANY SNAPSHOT 107
21.1.2 REVENUE ANALYSIS 107
21.1.3 PRODUCT PORTFOLIO 108
21.1.4 RECENT DEVELOPMENT 108
21.2 MG MOTOR INDIA PVT. LTD 109
21.2.1 COMPANY SNAPSHOT 109
21.2.2 PRODUCT PORTFOLIO 109
21.2.3 RECENT DEVELOPMENTS 109
21.3 HYUNDAI MOTOR INDIA 110
21.3.1 COMPANY SNAPSHOT 110
21.3.2 REVENUE ANALYSIS 110
21.3.3 PRODUCT PORTFOLIO 111
21.3.4 RECENT DEVELOPMENTS 111
21.4 HERO ELECTRIC 112
21.4.1 COMPANY SNAPSHOT 112
21.4.2 PRODUCT PORTFOLIO 112
21.4.3 RECENT DEVELOPMENTS 113
21.5 OKINAWA AUTOTECH PVT. LTD 114
21.5.1 COMPANY SNAPSHOT 114
21.5.2 PRODUCT PORTFOLIO 114
21.5.3 RECENT DEVELOPMENT 114
21.6 FORD MOTOR COMPANY 115
21.6.1 COMPANY SNAPSHOT 115
21.6.2 REVENUE ANALYSIS 115
21.6.3 PRODUCT PORTFOLIO 116
21.6.4 RECENT DEVELOPMENT 116
21.7 GREAVES ELECTRIC MOBILITY PRIVATE LIMITED 117
21.7.1 COMPANY SNAPSHOT 117
21.7.2 PRODUCT PORTFOLIO 117
21.7.3 RECENT DEVELOPMENT 117
21.8 LOHIA AUTO INDUSTRIES 118
21.8.1 COMPANY SNAPSHOT 118
21.8.2 PRODUCT PORTFOLIO 118
21.8.3 RECENT DEVELOPMENT 119
21.9 MAHINDRA ELECTRIC MOBILITY LIMITED 120
21.9.1 COMPANY SNAPSHOT 120
21.9.2 REVENUE ANALYSIS 120
21.9.3 PRODUCT PORTFOLIO 121
21.9.4 RECENT DEVELOPMENTS 121
21.10 OLECTRA GREENTECH LIMITED 122
21.10.1 COMPANY SNAPSHOT 122
21.10.2 REVENUE ANALYSIS 122
21.10.3 PRODUCT PORTFOLIO 123
21.10.4 RECENT DEVELOPMENT 123
21.11 OLA ELECTRIC TECHNOLOGIES PRIVATE LTD 124
21.11.1 COMPANY SNAPSHOT 124
21.11.2 PRODUCT PORTFOLIO 124
21.11.3 RECENT DEVELOPMENT 124
21.12 ABB 125
21.12.1 COMPANY SNAPSHOT 125
21.12.2 REVENUE ANALYSIS 126
21.12.3 PRODUCT PORTFOLIO 126
21.12.4 RECENT DEVELOPMENT 126
21.13 TATA POWER 127
21.13.1 COMPANY SNAPSHOT 127
21.13.2 REVENUE ANALYSIS 127
21.13.3 PRODUCT PORTFOLIO 127
21.13.4 RECENT DEVELOPMENTS 128
21.14 DELTA ELECTRONICS, INC. 129
21.14.1 COMPANY SNAPSHOT 129
21.14.2 REVENUE ANALYSIS 129
21.14.3 PRODUCT PORTFOLIO 130
21.14.4 RECENT DEVELOPMENT 130
21.15 FORTUM 131
21.15.1 COMPANY SNAPSHOT 131
21.15.2 PRODUCT PORTFOLIO 131
21.15.3 RECENT DEVELOPMENT 131
21.16 ENSTO 132
21.16.1 COMPANY SNAPSHOT 132
21.16.2 PRODUCT PORTFOLIO 132
21.16.3 RECENT DEVELOPMENT 132
21.17 BRIGHTBLU 133
21.17.1 COMPANY SNAPSHOT 133
21.17.2 PRODUCT PORTFOLIO 133
21.17.3 RECENT DEVELOPMENT 133
21.18 EXICOM TELE-SYSTEMS 134
21.18.1 COMPANY SNAPSHOT 134
21.18.2 PRODUCT PORTFOLIO 134
21.18.3 RECENT DEVELOPMENT 135
21.19 MASS-TECH CONTROLS PVT. LTD 136
21.19.1 COMPANY SNAPSHOT 136
21.19.2 PRODUCT PORTFOLIO 136
21.19.3 RECENT DEVELOPMENT 136
21.20 P2 POWER SOLUTIONS PVT. LTD 137
21.20.1 COMPANY SNAPSHOT 137
21.20.2 PRODUCT PORTFOLIO 137
21.20.3 RECENT DEVELOPMENT 137
22 QUESTIONNAIRE 138
23 RELATED REPORTS 143