Middle East and Africa Electric Vehicle Charging Stations Market - Industry Trends and Forecast to 2030

Middle East and Africa Electric Vehicle Charging Stations Market, By Charging Stations (AC Charging/ Normal Charging Station, DC Charging/ Super Charging Station, Others), Charger Type (Portable Charger, Fixed Charger), Charging Type (Off Board Top Down Pantograph, On Board Bottom Up Pantograph, Charging Via Conector), Charging Services (EV Charging Services, Battery Swapping Service), Mode Of Charging (Plug In Charging, Wireless Charging), Connectivity Type (Non-Connected Charging Stations, Smart Connected Charging Stations, Pantograph, Connectors, Combined Charging Systems, Chademo, Others), Charging Infrastructure (Normal Charging, Type 2, CCS, Chademo, Tesla SC, GB/T Fast), Vehicle Type (Passengers Cars, Commercial Cars, Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicles (PHEV), Two Wheelers and Scooters, Hybrid Electric Vehicles (HEV)), Installation Type (Individual Houses, Commercial, Apartments, Others), Connecting Phase (Single Phase, Three Phase), Technology (Level 1, Level 2, Level 3), Operations (Mode 1, Mode 2, Mode 3, Mode 4), Components (Hardware, Software, Services), Application (Public, Semi-Public, Private), End User (Residential, Commercial) - Industry Trends and Forecast to 2023 to 2030.

Middle East and Africa Electric Vehicle Charging Stations Market Analysis and Size

The essential factors contributing to the growth of the electric vehicle charging stations market in the forecast period of 2023-2030 include the governments in the Middle East and Africa region working towards the reduction of vehicular emission on roads, by promoting electric vehicles and developing electric vehicle charging stations. Along with this the rising government initiatives to build charging infrastructure, technological advancements in electric vehicle charging stations, and growing environmental consciousness is further contributing to the market’s growth. 

Data Bridge Market Research analyses that the electric vehicle charging stations market which was USD 170.75 million in 2022, is expected to reach USD 1,526.77 million by 2030, growing at a CAGR of 31.5% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Middle East and Africa Electric Vehicle Charging Stations Market Scope and Segmentation

Market Definition

An electric vehicle charging station is a device that is used for charging plug-in electric vehicles (EVs), such as electric cars, electric scooters, electric bikes, neighbourhood EVs, and others. It connects an electric vehicle to the source of electricity for providing charging to electric vehicles and plug-in hybrids. One of the major factors contributing to the market’s growth is the rising demand for energy efficiency. In addition, increasing prices of fuel, depletion of fossil fuels, and several government initiatives in the region are fuelling the demand for electric vehicles which further propels the demand for electric vehicle charging stations.

Middle East and Africa Electric Vehicle Charging Stations Market Dynamics

Drivers

• Increasing electric vehicle (EV) sales

There is a significant increase in the sales of electric vehicles (EV) sales across the Middle-East and Africa region which is one of the major factors contributing to the market’s growth. Consumers are widely opting for passenger and commercial electric vehicles (EV) due to various advantages and the rising environmental consciousness. Electric vehicles require charging, therefore the consumers charge the vehicles at charging stations. Therefore, the increasing demand for electric vehicles is significantly contributing to the market’s growth.

• Technological advancements

The rise in technological advancements has led to several innovations, such as the integration of all-EV charging station systems with the Internet of Things (IoT) and real-time information solutions which are increasing the demand for electric vehicle charging stations in the region. These technologies are very efficient and provide real-time data about the availability of vacant spots and help in locating charging stations nearby. Owing to several technological advancements the usage of electric vehicle charging stations has become very efficient, which is driving the market’s growth.

Opportunities

• Government initiatives

Governments of various countries in the Middle East and Africa region are providing incentives such as low or zero registration fees and relaxation from import taxes, and purchase taxes. Thus, government initiatives in various countries are rising the usage of electric vehicles. Along with this government is building and installing several charging stations in various countries across the region which is further contributing to the market’s growth.

• Demand for EV charging in commercial buildings

There rising demand for on-site commercial charging systems among consumers. Several countries across the region are implementing charging in residential and commercial buildings for EV charging infrastructure efficient and consumer friendly. The builders and electrical operators are adding electric vehicle charging stations priory in commercial buildings. Therefore, the increased demand for EVs in commercial buildings is driving the market’s growth.

Restraints/Challenges

• Insufficient EV charging infrastructure

There are fewer electric vehicle charging stations in the Middle East and Africa region. This leads to the less availability of public electric vehicle charging stations, which reduces the adoption of electric vehicles among people. It is witnessed that most countries of the region are not able to install the required number of electric vehicle charging stations. Therefore, the insufficient EV charging infrastructure is a major restraint hindering the market’s growth.

• Lack of awareness

There is a lack of awareness about the benefits and usage of electric vehicles among people in the Middle East and Africa. This is a majorly less developed economy where the technology of electric vehicles is new. The lack of awareness further leads to a lack of awareness about EV charging systems. Thus, a lack of awareness about EVs and EV charging systems is a major concern restraining the market’s growth.

This electric vehicle charging stations market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric vehicle charging stations market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In 2023, ABB E-mobility revealed its innovative Terra Home charging solution at CES 2023. It is set to be available for purchase around mid-2023. Terra Home empowers users with its unique design to optimize their renewable energy usage, ultimately reducing their carbon impact, which will attract several audience.
• In 2022, ABB formed a strategic alliance with Tallarna Ltd. to expand its user-friendly energy management technologies offerings. The solution leverages AI-powered data analytics to make it easier to undertake decarbonization projects for large real estate portfolios and energy infrastructure. The platform provides a one-stop shop for customers, showcasing energy optimization options, performance insurance, and third-party financing options.

Middle East and Africa Electric Vehicle Charging Stations Market Scope

The   electric vehicle charging stations market is segmented on the basis of charging stations, charger type, charging type, charging services, mode of charging, connectivity type, charging infrastructure, vehicle type, installation type, connecting phase, technology, operations, components, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Charging Stations

• AC Charging/ Normal Charging Station
• DC Charging/ Super Charging Station
• Slow DC (<49 KW)
• Fast DC (50-149 KW)
• Level 1 Ultra-Fast DC (150-349 KW)
• Level 2 Ultra-Fast DC (<349 KW)
• Inductive Charging Station
• Others
• Wall Mount
• Pedestal Mount
• Ceiling Mount

Charger Type

• Portable Charger
• Fixed Charger

Charging Type

• Off Board Top Down Pantograph
• On Board Bottom Up Pantograph
• Charging via Connector

Charging Services

• EV Charging Services
• Battery Swapping Service

Mode of Charging

• Plug in Charging
• Wireless Charging
• Static Wireless EV Charging
• Dynamic Wireless EV Charging

Connectivity Type

• Non-Connected Charging Stations
• Smart Connected Charging Stations
• Pantograph
• Connectors
• Combined Charging Systems
• Chademo
• Others

Charging Infrastructure

• Normal Charging
• Type 2
• IEC 621196
• CCS
• CHAdeMO
• Tesla SC
• GB/T Fast

Vehicle Type

• Passengers Cars
• Commercial Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicles (PHEV)
• Two Wheelers and Scooters
• Hybrid Electric Vehicles (HEV)

Installation Type

• Individual Houses
• Commercial

Commercial Public EV Charging Stations

• On-Road Charging
• Parking Spaces
• Destination Chargers

Commercial Private EV Charging Stations

• Fleet Charging
• Captive Charging
• Apartments
• Others

Connecting Phase

• Single Phase
• Three Phase

Technology

• Level 1
• Level 2
• Level 3

Operations

• Mode 1
• Mode 2
• Mode 3
• Mode 4

Components

• Hardware
• Electric Vehicle Supply Equipment (EVSE)
• Electrical Distribution Systems
• Cable Management Systems
• Software
• Charging Station Management Systems (CSMS)
• Interoperability Solutions
• Open Charge Point Protocol (OCPP)
• Smartphone Applications
• Services
• Maintenance Services
• Systems Integration and Installation Services

Application

• Public
• Semi-Public
• Private

End User

• Residential
• Commercial

Middle East and Africa Electric Vehicle Charging Stations Market Regional Analysis/Insights

The   electric vehicle charging stations market is analysed and market size insights and trends are provided of charging stations, charger type, charging type, charging services, mode of charging, connectivity type, charging infrastructure, vehicle type, installation type, connecting phase, technology, operations, components, application and end user as referenced above.

The countries covered in the electric vehicle charging stations charging stations  marketmarket report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

UAE dominates the electric vehicle charging stations market in the Middle East and Africa region as the UAE government is taking several initiatives in the development of EV infrastructure. Along with this, the growing awareness of the stringent norms regarding emissions and the need for environmental sustainability are significantly contributing to the market’s growth in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Middle East and Africa Electric Vehicle Charging Stations Market Share Analysis

The electric vehicle charging stations market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to   electric vehicle charging stations market.

Some of the major players operating in the electric vehicle charging stations market are:

• ABB (Switzerland)
• Shell (U.K.)
• ChargePoint, Inc. (U.S.)
• Tesla (U.S.)
• bp pulse. (U.K.)
• Webasto Group (Germany)
• Schneider Electric (France)
• Blink Charging Co. (U.S.)
• Renault Group (France)
• Phihong USA Corp. (U.S.)
• EV Safe Charge Inc. (U.S.)
• Eaton (Ireland)
• Tata Power. (India)
• SemaConnect, Inc. (U.S.)
• Mercedes-Benz Group AG. (Germany)
• Siemens (Germany)
• EVgo Services LLC. (U.S.)
• Engie SA (France)
• TotalEnergies (France)
• Enphase Energy. (U.S.)