India Electric Vehicle Charging Stations Market is expected to grow with the CAGR of 42.8% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.
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India electric vehicle charging stations market is a highly fragmented market, which includes majority number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in India electric vehicle charging stations market are introducing strong range of products provider along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.
ABB is the dominating player in the India electric vehicle charging stations market. The other key players existing in the market are Tata Power, BRIGHTBLU, Ensto, Exicom Tele-Systems, Delta Electronics, Inc., Mass-Tech Controls Pvt. Ltd, Fortum, ABB and P2 Power Solutions Pvt. Ltd, among others.
ABB is headquartered in Zurich, Switzerland and was founded in 1988. The company is engaged in providing solution based out on technology to the power grid, automation, electrification sector and others. The company generated revenue through its various business segments such as Electrification Products, Robotics and Motion, Power Grids and Industrial Automation of which Electrification Products is the market focused category. The company has several product categories including Control Room Solutions, Communication Networks, Drives, High Voltage Products, Low Voltage Products and Systems, Measurement and Analytics, Mechanical Power Transmission, Medium Voltage Products, Metallurgy Products, Motor and Generators, PLC Automation, Power Converters and Inverters, Robotics, Semiconductors, Substation Automation, Protection and Control, Transformers, Control Systems, Distributed Energy Resources and Microgrids, Electric Vehicle Charging Infrastructure, Enterprise Software, FACTS, HVDC, Marine Vesselsm Network Management, Offshore Wind Connections, Operations Management Software, Power Consulting, Power Electronics, Safety, Substation Automation, Protection and Control, Sunstations and Electrification, Turbocharging, UPS and Power Conditioning of which Electric Vehicle Charging Infrastructure is the market focused category.
The company has wide presence across Asia-Pacific, Europe, Middle East and Africa, Latin America and North America. The various subsidiaries of the company include ABB Motors and Mechanical (U.S.), Cylon Controls (Ireland), GE Industrial Systems (U.S.), ABB Stotz-Kontakt (Germany) and ABB Australia (Australia) among others.
Tata Power is headquartered in Maharashtra, India and was founded in the year 1915. The company is engaged in power generation from clean energy sources. The company offers solution categories such as Renewable Energy Generation, Conventional Energy Generation, Transmission & Distribution, Next Gen Power Solutions, Trading and Services Business of which Next Gen Power Solutions is the market focused category.
The company has presence across Asia-Pacific, Africa.
Delta Electronics, Inc..
Delta Electronics, Inc. was founded in the year 1971, headquartered in Taiwan, China. The company is engaged in power and energy management. The company has several solution categories including Industrial Automation Solutions, Building Automation Solutions, MCIS Solutions, Telecom Power Solutions, Renewable Energy Solutions, Display and Monitoring Solutions, Rail Transportation Solutions, Networking Solutions, Energy Storage Solutions, EV Charging Solutions of which EV Charging Solutions is the market focused category.
The company has presence in Asia-Pacific, Middle East & Africa, Americas, Europe.
India EV Charging Stations Market – Industry Trends and Forecast to 2029