South Africa electric vehicle charger market is anticipated to grow at a CAGR of over 10.0% during the forecast period, 2019-2025. As of now, government regulation is not so favorable for electric vehicles in the country. As per the International Energy Agency, only 150 new electric vehicles were sold in the country in 2018 whereas it was 200 and 380 in 2017 and 2016 respectively. Some of the major factors for the small market for electric vehicles include lack of charging infrastructure in the country, low range of electric vehicles and high prices of electric vehicles in the country and no significant support from the government. For instance, the import duty and taxes on the electric vehicles are 45% which impedes the market growth in the country. There are very few electric vehicles available in South Africa including Nissan Leaf, BMW i3, Jaguar I-Pace and BMW i8.
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South Africa electric vehicle charger market is segmented on the basis of ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private whereas, by charger type, the market is bifurcated into slow chargers and fast chargers. Fast chargers are expected to show considerable growth during the forecast period. By connector type, the market is analyzed into AC connectors and DC connectors. AC connector market is further segmented into Type 1, Type 2 and other chargers, and the DC connector segment is further divided into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. As per the International Energy Agency, in 2018 there was 239 publicly accessible chargers in the country out of which 81 were fast chargers.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
South Africa Electric Vehicle Charger Market Report Segment
By Ownership
- Public
- Private
By Charger Type
- Slow Charger
- Fast Charger
By Connectors
- AC Connectors
- Type 1
- Type 2
- Others (Domestic Socket)
- DC Connectors
- CHadeMO
- Combined Charging System (CSS)
- Type 2 (Tesla)
The Report Covers
- Comprehensive research methodology of South Africa electric vehicle charger market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting South Africa electric vehicle charger market.
- Insights about market determinants that are stimulating South Africa electric vehicle charger market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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