UAE Electric Vehicle Charging Infrastructure Market to Register 14.28% CAGR Through 2030 | Key Drivers and Opportunities

MarkNtel Advisors recently published a detailed industry analysis of the UAE Electric Vehicle Charging Infrastructure Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

UAE Electric Vehicle Charging Infrastructure Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The UAE Electric Vehicle Charging Infrastructure Market size is estimated to grow at a CAGR of around 14.28% during the forecast period, i.e., 2024-30.

Key Findings in UAE Electric Vehicle Charging Infrastructure Market:

Historical Analysis: 2019–2022
Base Year: 2023
Forecast Period: 2024–2030

Leading Market Players- Orbix International LLC, V Charge Trading LLC, GreenParking [Future Link L.L.C.], ABB Limited, Art of Energi, Regeny, Powertech Electrical Trading LLC, eMagine, Efacec , Siemens LLC, Catec , Others

Key Highlights of the Report

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

What are the major Driver the UAE Electric Vehicle Charging Infrastructure Market industry?

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.

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What segments define the UAE Electric Vehicle Charging Infrastructure Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

By Type of Charging Point

- AC Charger
- DC Charger
- Others (Wireless Charging, etc.)

According to report, 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

According to report, 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.

Explore the Complete UAE Electric Vehicle Charging Infrastructure Market Analysis Report –

https://www.marknteladvisors.com/research-library/uae-ev-charging-infrastructure-market.html

Geographical Analysis: UAE Electric Vehicle Charging Infrastructure Market

By Region

Dubai
Abu Dhabi & Al Ain
Sharjah & Northern Emirates

UAE Electric Vehicle Charging Infrastructure Market Recent Development:

2023: Regeny & EvGateway collaborated for the establishment of 10,000 electric vehicle charging stations by 2030, in the UAE. The partnership aims to enrich EV automotive charging solutions in the UAE & other Middle Eastern regions.

Key Questions Addressed in This Study

What are the primary factors driving the growth of the UAE Electric Vehicle Charging Infrastructure Market?
How is the UAE Electric Vehicle Charging Infrastructure Market expected to evolve over the next five years?
What key insights can be drawn from current trends shaping the market?
What is the current market size, and how is it forecasted to change in the coming years?
What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, 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 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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