Sweden electric vehicle charger market is anticipated to grow at a CAGR of over 23s% during the forecast period, 2019-2025. The country is among the leaders of the adoption of electric vehicles all across the globe. As per the International Trade Administration, nearly 8% of the vehicle fleet in the country is electric which was second highest after Norway globally. Considerable growth is attributed to the stringent target set by the government of the country. For instance, in 2017, the country announced reduction of CO2 reduction from transportation by 70% in 2030. The country also aims to reach zero greenhouse gas emissions by 2045.
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The government is supporting the EV and its infrastructure market in various ways. The government has introduced ‘Klimatklivet’ program for the reduction of CO2 in the country. Under this program, grants up to 50% of the investment in both public and private investment is provided. The government has also allocated around $9.6 million for ‘Charge at Home’ program for the period of 2018 to 2020. Under the program, an individual can get up to 50% or $1,050 for hardware and installation cost of the home charger. Additionally, government also offer free parking to EV owners and free access to High-occupancy vehicle lane and bus lanes. In April 2018, a road for charging vehicle wirelessly was introduced in the country, first of its kind all across the globe. The length of the road is around 2 km, developed near Stockholm. Similar infrastructure is expected to be introduced in the near future in the country which will provide considerable opportunity to the market.
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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
Market Segmentation
Sweden Electric Vehicle Charger Market by Ownership
- Public
- Private
Sweden Electric Vehicle Charger Market by Charger Type
- Slow Charger
- Fast Charger
Sweden Electric Vehicle Charger Market by Connector
- AC Connectors
- Type 1
- Type 2
- Other (Domestic Socket)
- DC Connectors
- CHAdeMO
- Combined Charging System (CCS)
- Type 2 (Tesla)
- Other
Company Profiles
- ABB Ltd.
- Alfen N.V.
- Engie
- Leviton Manufacturing Co., Inc.
- Schneider Electric SE
- Siemens AG
- Tesla, Inc.
- Webasto SE
The Report Covers
- Comprehensive research methodology of Sweden 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 Sweden electric vehicle charger market.
- Insights about market determinants that are stimulating Sweden 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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