Insights into the Expansion of Electric Vehicle Charging Infrastructure in the UAE
Azhar Hussain
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MarkNtel Advisors - Market Research Company brings together a comprehensive understanding of the vast dynamics of the UAE Electric Vehicle Charging Infrastructure Market Size, Share, Trends, and Growth in their research report, incorporating an extensive & detail-driven examination of the industry. This study exhibits the diverse elements like drivers, restraints, opportunities, challenges, key trends, & recent developments, among others, influencing the market expansion.
The data present in the report exhibit from the historic years (2018-21) and the base year (2022) to put together estimations for the forecast period (2023-28). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Key Offering in the Report
The research report incorporates information from the past, ongoing trends and developments, and plans of the competitors in different segments across geographic locations into the parameters grounding on the following parameters:
Gross margins & profits
Demand growth & falls
Investment opportunities & revenue generation
Business strategies & shares
Key players & their profiling
Leading geographies
Trends & developments, among others
Market Dynamics;
UAE Electric Vehicle Charging Infrastructure Market Driver: Government Initiatives to Boost the EV Charging Infrastructure of the Country
The UAE government has been launching initiatives to promote the usage of electric vehicles (EVs) & develop the charging infrastructure. The government is implementing such measures to reduce its carbon footprint, promote the use of cleaner fuels, economic diversification (such as in Abu Dhabi Economic Vision 2030), and reduce air pollution in the country.
The government has also been providing financial incentives to those purchasing EVs, such as reduced registration fees & lower customs duties. These incentives have helped to boost the adoption of EVs in the country, which, in turn, has created more demand for charging infrastructure. These initiatives of the UAE government have widely promoted the revenue growth of the market in the UAE. In addition, the rising focus of the UAE government to boost FDI in the automotive manufacturing of EVs to enhance the supply of EVs in the country is expected to further boost the demand during the forecast period.
Segmentation of the Industry;
The UAE Electric Vehicle Charging Infrastructure Market is highly fragmented and bifurcates into the following segmentations:
By Type of Charging Point
-AC Charger
-DC Charger
-Others (Wireless Charging, etc.)
The DC Adapter gained a considerable share in the UAE Electric Vehicle Charging Infrastructure market historically & the same trend is anticipated to continue in the forecast years as well.
By Charger Type
-Wall Mounted
-Pedestal Mounted
-Roof Mounted
By Connector Type
-CHAdeMo
-CCS
-Others (Tesla Supercharger, Type 2, etc.)
By Installation Type
-Fixed
-Portable
By Vehicle Type
-Two-Wheelers
-Passenger Cars
-Commercial Vehicles
--Light Commercial Vehicles
--Medium & Heavy Commercial Vehicles
By Location
-Residential
-Commercial
By Power Output
-0-50kW
-51-150kW
-More than 150kW
Here, the 50-150kW power output is expected to gain substantial revenue growth in the forecast years due to its ability to charge electric vehicles quickly.
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Competitive Analysis
The UAE Electric Vehicle Charging Infrastructure Market report entails an exhaustive research compilation on the changing interface, strategies, and sustainability tactics of the prominent players by rigorously profiling each company. It is principally to put together all the information influencing the industry expansion on the following parameters:
Investments rise & fall
Overview of the company
Origin & business strategy
Product/Service portfolio expansion
The geographical presence of players
The report also talks about the strategies adopted by players to maintain their dominance & yield higher profits in the market while expanding their business across locations. Each company is profiled in this report on the following grounds:
Ongoing trends & recent developments
Performance indicators
Products/Services offered
Risk & SWOT Analysis
The prominent companies profiled in the UAE Electric Vehicle Charging Infrastructure Market report are Orbix International LLC, V Charge Trading LLC, GreenParking [Future Link L.L.C.], ABB , Art of Energi, REGENY , Powertech Electrical Trading LLC, Emagine , Efacec , Siemens , CATEC , Others
Customization Services;
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About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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