New York, NY -- (SBWIRE) -- 09/28/2020 -- EV turbo charging, as the name says, is the charging link for the electric vehicles. This type of charging overcomes all the limitations of the on-board charging and the needed conversion. Instead of giving the DC power directly to the electric vehicle's battery, the charging speed is efficient enough to increase its speed, significantly. However, the charging time mostly depends on the output of the dispenser, the size of the battery, and several other factors. But, most vehicles are themselves capable of get around 80% charged in just an hour with the help of presently available DC fast chargers. The DC chargers are mostly used for higher mileage and long distance travelling and also large fleets.

The quick rotation by the vehicles allows drivers to recharge their vehicles during the day or also on a small break. But, this type of charging must not be done for overnight for hours together for getting the vehicle fully charged. All the key manufacturers of DC chargers provide multi-standard units that are capable enough to get the vehicles charged with CHAdeMO or CCS. Currently, the TESLA supercharger can only offer charging to the vehicles manufactured by TESLA. Nonetheless, the TESLA vehicles can use other chargers.

Major Key Players of the EV Turbo Charging Market are:
ChargePoint, Inc., EVgo Services LLC., Blink Charging Co., Tesla, ABB, Efacec Electric Mobility, S.A., Schneider Electric, SIGNET SYSTEMS INC., Bosch Automotive Service Solutions Inc, and BTCPower, among others

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The automotive industry is suffering from a slowdown in terms of revenue/sales worldwide owing to the strict lockdown in the many developing countries amid the COVID-19 pandemic. Thus, there is a huge drop in the sale of electric vehicles. For instance, a China-based company, BYD Auto Co. Ltd., has experienced a decline of 79% in sales due to the COVID-19 pandemic. The situation also leads to a slowdown in the vehicle movement and other transportation activities. This will further hamper the growth of the EV turbo charger market. Moreover, a slowdown in the activities of electric vehicle charging infrastructure development due to the lack of workforce availability is another factor that will limit the market growth.

However, the collaboration between government bodies and OEMs (Original Equipment Manufacturers) to develop electric vehicle charging stations across the globe is a major factor driving growth in the operating market. New electric vehicle launches compatible with DC fast charging, and the development of compact-sized fast-charging DC station for residential places are expected to boost the EV turbo charging market growth. Moreover, favorable government policies to reduce carbon emission and dependency on crude oil are further propelling the market growth. For instance, in a part of Germany's new electric-vehicle incentive package, all gas stations will require to offer EV charging across the country. Also, BDEW (German Association of Energy and Water Industries) has stated that about 7,000 fast-charging stations are required to achieve a mass market for EVs in the country.

Major Types of EV Turbo Charging Market covered are:
Combined Charging System (CCS)
CHAdeMO
Tesla

Major Applications of EV Turbo Charging Market covered are:
Passenger Vehicle
Commercial Vehicle

Research objectives:-

– To study and analyze the global EV Turbo Charging consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the EV Turbo Charging market by identifying its various sub-segments.
– Focuses on the key global EV Turbo Charging manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the EV Turbo Charging with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 EV Turbo Charging Market Size
2.2 EV Turbo Charging Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 EV Turbo Charging Market Size by Manufacturers
3.2 EV Turbo Charging Key Players Head office and Area Served
3.3 Key Players EV Turbo Charging Product/Solution/Service
3.4 Date of Enter into EV Turbo Charging Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global EV Turbo Charging Sales by Product
4.2 Global EV Turbo Charging Revenue by Product
4.3 EV Turbo Charging Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global EV Turbo Charging Breakdown Data by End User

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In the end, EV Turbo Charging industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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