The global market is categorized into AC and DC charging stations based on the source of charging. DC charging stations are comparatively costlier than its AC counterpart, which is why the market share of AC charging station in terms of volume is much higher, as compared to that in terms of value. The demand for EV charging stations in public sector has been increasing. There are primarily two types of alternating current (AC) charging stations, such as level 1, and level 2. The level 1 charger has low charging rate and takes several hours to completely charge an electric vehicle. They are mostly used in residential sector. The level 2 chargers have comparatively higher charging rate and are commonly used as an alternative to DC chargers at the service stations. Level 2 charging stations are most suitable for commercial fleets, urban areas, and EV service stations.

[b]Explore Report with Detailed TOC on “Global Electric Vehicle Charging Station Market” at:[/b] https://www.psmarketresearch.com/market-analysis/electric-vehicle-charging-station-market

The EV charging station market is being dominated by small niche players, such as ChargePoint, AeroVironment, and ClipperCreek. The global market has been consolidating where the large companies are acquiring the smaller ones. In 2013, CarCharging Group acquired four companies including 350Green LLC, Beam Charging LLC, EV Pass LLC, and Blink Network LLC. The major companies in the global EV charging station market include Magna International Inc., AeroVironment Inc., General Electric, Chargepoint Inc., Eaton Corporation, Schneider Electric, ABB Group, Efacec Electric Mobility S.A., Chargemaster Plc, and CarCharging Group Inc.

[b]Explore Related Research at:[/b] https://www.psmarketresearch.com/industry-report/automotive-and-transportation

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