DUBLIN–(BUSINESS WIRE)–The “Vietnam Electric Vehicle Charging Infrastructure Market, By Vehicle Type (Two- Wheeler, Passenger Car, Commercial Vehicle), By Type, By Charging Mode, By Installed Location, By Connector Type, By Type of Charging, By Region, Competition Forecast & Opportunities, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.
Vietnam electric vehicle charging infrastructure market is projected to register growth at a significant rate during the forecast period. The market growth can be attributed to the rising production and sales of vehicles to cater to the increasing mobility needs of the population in the country.
Growing awareness among consumers regarding the adverse impact of conventional fuels and increasing preference for the adoption of clean fuels are positively influencing the growth of the Vietnam electric vehicle charging infrastructure market. A surge in disposable income among middle-class families and the rising expenditure capacity of consumers are adding to the growth of the Vietnam electric vehicle charging infrastructure market.
Market players involved in the electric vehicle charging infrastructure market are increasingly investing in the research and development of advanced charging systems, both in terms of hardware and software, which is anticipated to fuel the growth of the Vietnam electric vehicle charging infrastructure market. Strong economic growth in the country and a rise in government initiatives for electrification are expected to boost the growth of Vietnam electric vehicle charging infrastructure market in the coming years. Various electric vehicle manufacturers are increasingly collaborating with charging infrastructure providers for easy availability of charging stations, which is expected to fuel the growth of the Vietnam electric vehicle charging infrastructure market.
High demand for EVs owing to growing awareness about environmental sustainability and stringent government policies for vehicular emissions are fueling the growth of the Vietnam electric vehicle charging infrastructure market in the coming years. Certain EV charging stations may cater to a certain type of voltage. Thus, lack of standardization of current EV charging infrastructure could negatively impact the growth of the Vietnam electric vehicle charging infrastructure market in the coming years.
Vietnam electric vehicle charging infrastructure market is segmented into vehicle type, type, charging mode, installed location, connector type, type of charging, regional distribution, and company. Based on type, the market is further divided into AC and DC. The DC segment is anticipated to hold the largest share in the Vietnam electric vehicle charging infrastructure market during the forecast period. DC charging stations can feed the power directly into automobiles, reducing the overall charging time for vehicles.
Leading players in the Vietnam electric vehicle charging infrastructure market include VinFast, Vietnam Oil & Gas Group (PVOIL), HGPT Mechanical, Electricity of Vietnam’s Central Power Corporation, Mitsubishi Motors Vietnam, among others.
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Report Scope:
In this report, Vietnam electric vehicle charging infrastructure market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Electric Vehicle Charging Infrastructure Market, By Vehicle Type:
Vietnam Electric Vehicle Charging Infrastructure Market, By Type:
Vietnam Electric Vehicle Charging Infrastructure Market, By Installed Location:
Vietnam Electric Vehicle Charging Infrastructure Market, By Charging Mode:
Vietnam Electric Vehicle Charging Infrastructure Market, By Connector Type:
Vietnam Electric Vehicle Charging Infrastructure Market, By Type of Charging:
Vietnam Electric Vehicle Charging Infrastructure Market, By Region:
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/vybdn9.
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