According to the research report titled ‘Europe EV Charging Infrastructure Market Size By Charging Site, Industry Analysis Report, Country Analysis, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018-2025‘, available with Market Study Report, Europe EV charging infrastructure market is anticipated to witness notable growth during 2018-2025.
 

Focus towards energy efficiency, initiatives aimed at reduction of emission, and inclination for green transportation, along with increasing collaborations among automobile manufacturers to achieve these objectives are the major factors propelling Europe EV charging infrastructure market.
 

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Further, launch of favorable government policies and mandates to aid environmental sustainability, coupled with rising penetration of electric vehicles are likely to contribute to the market growth. Emphasis on R&D activities to improve product efficiency and continuous investments for infrastructure development are poised to fuel Europe EV charging infrastructure industry remuneration.
 

With respect to current type, Europe EV charging infrastructure industry is segmented into AC and DC. Among these, DC segment is expected to witness modest growth over 2018-2025, mainly due to the ability of these charging station to receive and send utility pricing signals along with grid & energy storage connection. Increasing installation of fast and ultrafast charging stations such as Tesla Superchargers - CCS and CHAdeMO is likely to propel the industry growth. Additionally, rising environmental awareness and high demand for green energy systems will fuel the segmental growth.
 

As per regional overview, Germany EV charging infrastructure market is expected to showcase rapid growth over the forecast period, owing to imposition of strict norms pertaining to GHG emissions and awareness regarding their effects on societal health. Furthermore, high fuel prices along with rise in popularity of electric vehicles will foster the business scenario in Germany.
 

According to International Energy Agency, the EV sales are expected to witness a two-fold raise by the year 2030. Suring trend of replacing old vehicles with new EVs is expected to positively impact Germany EV charging infrastructure market during the forecast period.
 

Meanwhile, Netherlands EV charging infrastructure market is predicted to witness high growth rate thorough 2025, owing to expansion of existing charging stations along with rising investments toward e-mobility. Furthermore, technological advancements to help cost reduction, along with emphasis on better energy management, efficient production & storage, and faster & easier charging are estimated to fuel EV charging infrastructure industry in Netherlands.
 

Key players operating in Europe EV charging infrastructure market sphere are Siemens Pvt Ltd., ABB Laboratories, Daimler Mercedes-Benz AG, Greenway Infrastructure, Shell Global, Renault Group, and Schneider Electric Inc.