The past 18 months have marked the transition of the electric vehicle EV into full commercialisation, according to a new US$3,900, 99-page report from the clean tech specialist Pike Research, Electric Vehicle Charging Equipment – Level 1 and Level 2, DC Fast Charging, and Wireless EVSE: Global Market Analysis and Forecasts.
It says that the electric vehicle supply equipment (EVSE) market is naturally a product of the EV market, so the past year has seen a major ‘uptick’ in EVSE deployments. In 2012, Pike says there will be almost 45,000 public charging stations installed globally. Much of this will be the result of publicly funded infrastructure initiatives. In comparison to government targets for EVs, however, Pike notes that sales have been disappointing, and says the relatively slow pace of EV rollouts will act as a dampener on the EVSE market. With some exceptions, much of the private sector is waiting until EVs are commonly seen on the roads in their areas before investing in charging infrastructure.
The EVSE industry is said to be still trying to determine the best way to create a viable return on investment on EVSE station deployments for site hosts. Pike says this issue is going to become ‘front and centre’ as the publicly funded EVSE deployments wind down. In these early months of the EVSE market, it has been relatively easy to encourage businesses to become site hosts when the EVSE equipment is free or heavily subsidised. Nevertheless, global sales of charging equipment are expected to grow at a steady pace as the EV market grows. Pike Research projects that the global EVSE market will increase from fewer than 200,000 units sold in 2012 to almost 2.4 million in 2020.
The Pike Research report examines the state of the global EVSE market today, and provides forecasts to 2020. Including market analysis and forecasts for residential, workplace, public, and private EVSE, the report covers the development of fast charging over the past year and forecasts DC charging sales. It also forecasts the growth of wireless charging equipment, set to become commercially available in 2013–2015. EVSE forecasts cover the major regions of the world and include breakouts for key adopter countries including the US, Canada, Germany, France, the UK, Japan, China, Korea, and Israel. The report also includes profiles of over 40 industry players, including EVSE manufacturers and service providers, their suppliers, vehicle OEMs, and utilities.
