Research and Markets: Global Electric Vehicle Charging Station Market 2010-2014 - The Electric Vehicle Charging Station Market Is Expected To Grow At A CAGR Of 123%

DUBLIN--May 17, 2011: Research and Markets has announced the addition of the "Global Electric Vehicle Charging Station Market 2010-2014 " report to their offering.

“Global Electric Vehicle Charging Station Market 2010-2014”

TechNavio analysts forecast that the Global Electric Charging Station market will reach $8.1 billion in 2014. One of the key factors contributing to this growth is the focus of governments on green technology. However, the lack of proper standards and infrastructure could pose a challenge to the growth of this market.

The Global Electric Charging Station market has also been witnessing various large manufacturing giants entering into partnerships with EV charging station manufacturers. Key vendors dominating this market space include Coulomb Technologies, Leviton, Aero Vironment, and ECOtality.

TechNavio's report, Global Electric Charging Station Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on the global market and covers the current EV Charging Station Market and its outlook in the coming years.

Key Questions Answered in This Report:

• What will the market size be in 2014 and at what rate will it grow? What key trends will this market witness? What are the key factors driving market growth? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

Electric Vehicle Charging Station Market Supported by Government Initiatives

Research conducted by TechNavio reveals that the Electric Vehicle Charging Station market is expected to grow at a CAGR of 123 percent. The report, which focuses on Americas, East Asia, and EMEA, indicates that the market is currently driven by several governments offering initiatives in a bid to encourage green technology.

"With a large number of vehicles on the road, pollution has also increased exponentially. In a bid to reduce pollution, several governments such as China and the United States have been encouraging the use of electric vehicles by giving grants and subsidies. As a result, the Electric Vehicle Charging Station market has also benefited," report TechNavio analysts. In spite of the demand for these stations, the lack of standards and proper infrastructure hinder the growth of this market. However, the scarcity of oil reserves is expected to drive market growth.

The Global Electric Vehicle Charging Station market is marked by manufacturing giants forming partnerships with charging station vendors. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.

The report, Global Electric Vehicle Charging Station Market 2010-2014, is based on extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.

Companies Mentioned:

• Coulomb Technologies
• ECOtality
• Leviton
• AeroVironment

For more information visit Global Electric Vehicles