GCC Electric Vehicle Charging Infrastructure Market: Size, Growth & Forecast 2028

Summary

Report Description

GCC Electric Vehicle Charging Infrastructure Market stood at USD15.41 million in 2022 and is expected to reach USD71.58 million by 2028 at a CAGR of 27.06% through 2028. The market is likely to generate new opportunities in the forecast years as the demand for electric vehicles is increasing and the government initiatives and targets are also promoting the use of electric vehicles in the region, and all this is leading to the rise in the development of the charging infrastructure for electric vehicles in the region.

GCC Electric Vehicle Charging Infrastructure Market Scope

The GCC electric vehicle charging infrastructure market is expected to expand rapidly in the coming years, driven by government initiatives to reduce carbon emissions and promote the use of renewable energy. Many governments in the region have set ambitious targets for the adoption of electric vehicles, and investment in charging infrastructure is a key component of achieving these goals. The GCC region has several advantages that make it an attractive market for EV charging infrastructure, including a high rate of car ownership, strong government support for EV adoption, and a growing focus on sustainable energy. However, there are also some challenges to be addressed, including the high cost of EVs compared to traditional gasoline vehicles and the need for more public charging stations to support longer trips. In the forecast years there is expected to be significant growth as governments and private companies are investing in the infrastructure needed to support the transition to electric mobility in the region.

The GCC Electric Vehicle Charging Infrastructure Market is segmented By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type, By Country and By Company. Based on Vehicle Type, the market is segmented into Two Wheelers, Passenger Cars, Commercial Vehicles.. Based on Type, the market is segmented into AC Vs. DC. Similarly, based on Charging Mode the market is divided into Plug-In and Wireless. By Installed Location the market is segmented into Commercial and Residential. Based on connector type the market is divided into Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others. The market analysis also studies the country wise segmentation.

GCC Electric Vehicle Charging Infrastructure Market Overview

GCC (Gulf Cooperation Council) countries are witnessing a significant growth in the adoption of electric vehicles (EVs) in recent years, primarily driven by the increasing concerns of climate change and the rising demand for clean energy. As a result, the need for charging infrastructure has become crucial in supporting the widespread adoption of EVs in the region. As consumers become more aware of the environmental impact of fossil fuels, the demand for clean energy is increasing rapidly. The adoption of EVs is a key component of this transition, which is driving the need for charging infrastructure. The development of fast-changing technologies and battery technologies is making EVs more practical for long-distance travel, further boosting the demand for charging infrastructure.

GCC Electric Vehicle Charging Infrastructure Market Drivers

Aiming to cut carbon emissions and boost the proportion of renewable energy in their energy mix, GCC nations have set lofty goals. For example, by 2050, the UAE wants to produce 50% of its power from renewable sources. Governments in the area are putting different programs and rules into place to encourage the use of EVs and the construction of charging infrastructure in accordance with these goals. Similar to that, the GCC area depends largely on oil and gas exports for its income. The use of EVs can help the area become less reliant on fossil fuels and diversify its economy, while the growing popularity of EVs has sparked technological breakthroughs in the infrastructure for charging them, like quicker charging periods and wireless charging. Because of these developments, EVs are now more practical and available to users. As the price of EVs continues to drop and battery technology advances, the demand for EVs is anticipated to rise in the upcoming years. Overall, because of the supportive government efforts, environmental concerns, and technical improvements in the region, the GCC region is well-positioned to become a leader in the adoption of EVs and the construction of charging infrastructure.

GCC Electric Vehicle Charging Infrastructure Market Trends

The number of EVs in the GCC region is growing steadily, driven by government incentives and efforts to reduce carbon emissions. This is leading to an increasing demand for electric vehicle charging infrastructure. Governments in the GCC region are actively promoting the adoption of EVs through incentives, subsidies, and other measures. There has been a surge in partnerships and investments in the electric vehicle charging infrastructure market in the GCC region. For example, in 2021, Enova, a joint venture between Dubai’s DEWA and Saudi Arabia’s ACWA Power, announced plans to invest USD27 million in EV charging stations in the UAE. As the number of EVs on the road increases, there is a growing demand for fast charging stations that can charge vehicles quickly. Many companies in the GCC region are focusing on developing and deploying fast charging stations to meet this demand. There is a growing interest in integrating electric vehicle charging infrastructure with renewable energy sources such as solar and wind power. This will help to reduce the carbon footprint of EV charging and make it more sustainable. Overall, the GCC electric vehicle charging infrastructure market is poised for significant growth in the coming years, driven by government support, partnerships and investments, and a growing demand for EVs and fast charging stations.

GCC Electric Vehicle Charging Infrastructure Market Challenges

Limited public funding is a challenge as some governments in the GCC have initiated public-private partnerships to fund EV charging infrastructure, there is limited public funding available, which can slow down the deployment of EV charging stations. The region currently lacks a standardized EV charging system, which can make it difficult for EV owners to use charging stations in different countries or even within the same country. Similarly, the limited range of EVs, combined with the scarcity of charging stations, can create range anxiety among potential EV buyers, which can limit the adoption of EVs in the GCC region.. All these are the major challenges that are expected to restrict growth in the market.

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Recent Developments

· Dubai Electricity and Water Authority (Dewa) is planning to increase electric vehicle charging stations to 1,000 by 2025, through the green charger initiative.

· In 2022, the UAE's Ministry of Energy and Infrastructure has planned to install ten Siemens Sicharge D 160 kW ultra-fast chargers on highways in Ras Al Khaimah, Ajman, Umm Al Quwain and Fujairah.

· In Qatar, Kahramaa has planned to set up 600 to 1,000 electric vehicle charging stations by 2025 and 2030.

GCC Electric Vehicle Charging Infrastructure Market Opportunities

The GCC countries are strategically located between Europe, Asia, and Africa, making them an ideal location and a regional hub for EV charging infrastructure. This could help attract international companies to invest in the region's EV market, and the region is gradually shifting away from fossil fuels towards renewable energy sources, including solar and wind. This provides an opportunity for the development of renewable energy-powered EV charging stations, which could help the region achieve its sustainability goals. Similarly, the region is also popular destination for tourists, and EVs can offer an eco-friendly transportation option. As a result, there is a growing need for EV charging infrastructure in tourist areas, including hotels, malls, and airports.

The regulatory policies related to subsidies, tax and incentives can provide a significant opportunity for the market in the region, similarly the economic growth can drive the demand for EVs and EV charging infrastructure and the rise in the investments on sustainable technologies will also generate new opportunities for the market.

Company Insights

ABB Ltd. is the leading player operating in electric vehicle charging infrastructure market. The company has installed electric vehicle chargers at 100 locations in Saudi Arabia. It has also partnered with the Saudi e-mobility solution provider, Electromin for electric vehicle chargers. Similarly, the Siemens AG is the also one of the leading mobility solution providers in the region and the company has also partnered with the UAE Ministry of Energy and Infrastructure to supply ultra-fast charging units. Similarly, the other companies are also developing infrastructure and partnering with the government bodies in order to meet the government initiatives.

Company Profiles

Catec, V Charge Trading LLC, Future Link L.L.C (Green Parking), ABB Ltd, Orbix (Orbix International LLC), Tesla, Inc, Eaton Corporation plc, Powertech Electrical Trading LLC, Efacec Group and Siemens AG are the leading companies operating in the GCC Electric Vehicle Charging Infrastructure Market.

Attribute	Details
Revenue 2022	USD 15.41 Million
Revenue 2028F	USD 71.58 Million
Growth Rate	27.06%
Base Year	2022
Historical Years	2018 – 2022
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	By Vehicle Type By Type By Charging Mode By Installed Location By Connector Type By Country
Country Scope	UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain.
Key Companies Profiled	Catec, V Charge Trading LLC, Future Link L.L.C (Green Parking), ABB Ltd, Orbix (Orbix International LLC), Tesla, Inc, Eaton Corporation plc, Powertech Electrical Trading LLC, Efacec Group and Siemens AG.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options.
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, GCC Electric Vehicle Charging Infrastructure Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· GCC Electric Vehicle Charging Infrastructure Market, By Vehicle Type:

Passenger Cars
Two-Wheeler
Commercial Vehicles

GCC Electric Vehicle Charging Infrastructure Market, By Type:

GCC Electric Vehicle Charging Infrastructure Market, By Charging Mode:

Plug-In
Wireless

GCC Electric Vehicle Charging Infrastructure Market, By Installed Location:

Commercial
Residential

GCC Electric Vehicle Charging Infrastructure Market, By Connector Type:

Type 2
CCS
CHAdeMo
Type 1
UK 3-Pin
Others

GCC Electric Vehicle Charging Infrastructure Market, By Country:

UAE
Qatar
Saudi Arabia
Oman
Kuwait
Bahrain

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in GCC Electric Vehicle Charging Infrastructure Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1. Introduction

1.1. Market Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Data Triangulation & Validation

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customers Analysis

4.1. Charging Infrastructure Selection Criteria

4.2. Challenges/Unmet Needs

4.3. Charging Time

5. Impact of COVID-19 on GCC Electric Vehicle Charging Infrastructure Market

6. GCC Electric Vehicle Charging Infrastructure Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value and Volume

6.2. Market Share & Forecast

6.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial Vehicles)

6.2.2. By Type (AC, DC)

6.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

6.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

6.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

6.2.6. By Country (UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain)

6.2.7. By Company Market Share Analysis (By Value, 2022)

6.3. GCC Electric Vehicle Charging Infrastructure Market Mapping & Opportunity Assessment

6.3.1. By Vehicle Type Market Mapping & Opportunity Assessment

6.3.2. By Type Market Mapping & Opportunity Assessment

6.3.3. By Charging Mode Market Mapping & Opportunity Assessment

6.3.4. By Installed Location Market Mapping & Opportunity Assessment

6.3.5. By Connector Type Market Mapping & Opportunity Assessment

6.3.6. By Country Market Mapping & Opportunity Assessment

7. UAE Electric Vehicle Charging Infrastructure Market Outlook

7.1. Market Size & Forecast

7.1.1. By Volume

7.1.2. By Value

7.2. Market Share & Forecast

7.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial)

7.2.2. By Type (AC, DC)

7.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

7.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

7.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

8. Qatar Electric Vehicle Charging Infrastructure Market Outlook

8.1. Market Size & Forecast

8.1.1. By Volume

8.1.2. By Value

8.2. Market Share & Forecast

8.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial)

8.2.2. By Type Market Share Analysis (AC, DC)

8.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

8.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

8.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

9. Saudi Arabia Electric Vehicle Charging Infrastructure Market Outlook

9.1. Market Size & Forecast

9.1.1. By Volume

9.1.2. By Value

9.2. Market Share & Forecast

9.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial)

9.2.2. By Type Market Share Analysis (AC, DC)

9.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

9.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

9.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

10. Oman Electric Vehicle Charging Infrastructure Market Outlook

10.1. Market Size & Forecast

10.1.1. By Volume

10.1.2. By Value

10.2. Market Share & Forecast

10.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial)

10.2.2. By Type Market Share Analysis (AC, DC)

10.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

10.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

10.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

11. Kuwait Electric Vehicle Charging Infrastructure Market Outlook

11.1. Market Size & Forecast

11.1.1. By Volume

11.1.2. By Value

11.2. Market Share & Forecast

11.2.1. By Vehicle Type Market Share Analysis (Two Wheelers, Passenger Cars, Commercial)

11.2.2. By Type Market Share Analysis (AC, DC)

11.2.3. By Charging Mode Market Share Analysis (Plug-In, Wireless)

11.2.4. By Installed Location Market Share Analysis (Commercial, Residential)

11.2.5. By Connector Type Market Share Analysis (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

12. Bahrain Electric Vehicle Charging Infrastructure Market Outlook

12.1. Market Size & Forecast

12.1.1. By Volume

12.1.2. By Value

12.2. Market Share & Forecast

12.2.1. By Vehicle Type (Two Wheelers, Passenger Cars, Commercial)

12.2.2. By Type (AC, DC)

12.2.3. By Charging Mode (Plug-In, Wireless)

12.2.4. By Installed Location (Commercial, Residential)

12.2.5. By Connector Type (Type 1, Type 2, UK 3-Pin, CHAdeMo, CCS, and Others)

13. Porter’s Five Forces Model

13.1. Bargaining Powers of Suppliers

13.2. Bargaining Powers of Buyers

13.3. Threat of Substitutes

13.4. Threat of New Entrants

13.5. Competitive Rivalry

14. SWOT Analysis

14.1. Strengths

14.2. Weakness

14.3. Opportunities

14.4. Threats

15. Market Dynamics

15.1. Market Drivers

15.2. Market Challenges

16. Market Trends & Developments

17. Competitive Landscape

17.1. ABB Ltd.

17.1.1. Company Details

17.1.2. Key Products Offered

17.1.3. Recent Developments

17.1.4. Key Management Personnel

17.2. Siemens AG

17.2.1. Company Details

17.2.2. Key Products Offered

17.2.3. Recent Developments

17.2.4. Key Management Personnel

17.3. Eaton Corporation plc

17.3.1. Company Details

17.3.2. Key Products Offered

17.3.3. Recent Developments

17.3.4. Key Management Personnel

17.4. Future Link L.L.C. (GreenParking)

17.4.1. Company Details

17.4.2. Key Products Offered

17.4.3. Recent Developments

17.4.4. Key Management Personnel

17.5. Efacec Group

17.5.1. Company Details

17.5.2. Key Products Offered

17.5.3. Recent Developments

17.5.4. Key Management Personnel

17.6. Catec

17.6.1. Company Details

17.6.2. Key Products Offered

17.6.3. Recent Developments

17.6.4. Key Management Personnel

17.7. V Charge Trading LLC

17.7.1. Company Details

17.7.2. Key Products Offered

17.7.3. Recent Developments

17.7.4. Key Management Personnel

17.8. Orbix (Orbix International LLC)

17.8.1. Company Details

17.8.2. Key Products Offered

17.8.3. Recent Developments

17.8.4. Key Management Personnel

17.9. Tesla Inc.

17.9.1. Company Details

17.9.2. Key Products Offered

17.9.3. Recent Developments

17.9.4. Key Management Personnel

17.10. Powertech Electrical Trading LLC

17.10.1. Company Details

17.10.2. Key Products Offered

17.10.3. Recent Developments

17.10.4. Key Management Personnel

18. Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Figure 1: GCC Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million) and By Volume (Units), 2018-2028F

Figure 2: GCC Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 3: GCC Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 4: GCC Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 5: GCC Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 6: GCC Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 7: GCC Electric Vehicle Charging Infrastructure Market Share, By Country, By Volume, 2022 & 2028F

Figure 8: GCC Electric Vehicle Charging Infrastructure Market Share, By Company, By Value, 2022

Figure 9: GCC Electric Vehicle Charging Infrastructure Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%), 2022

Figure 10: GCC Electric Vehicle Charging Infrastructure Market Map, By Type, Market Size (Units) & Growth Rate (%), 2022

Figure 11: GCC Electric Vehicle Charging Infrastructure Market Map, By Charging Mode, Market Size (Units) & Growth Rate (%), 2022

Figure 12: GCC Electric Vehicle Charging Infrastructure Market Map, By Installed Location, Market Size (Units) & Growth Rate (%), 2022

Figure 13: GCC Electric Vehicle Charging Infrastructure Market Map, By Connector Type, Market Size (Units) & Growth Rate (%), 2022

Figure 14: GCC Electric Vehicle Charging Infrastructure Market Map, By Country, Market Size (Units) & Growth Rate (%), 2022

Figure 15: UAE Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 16: UAE Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 17: UAE Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 18: UAE Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 19: UAE Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 20: UAE Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 21: UAE Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 22: Qatar Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 23: Qatar Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 24: Qatar Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 25: Qatar Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 26: Qatar Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 27: Qatar Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 28: Qatar Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 29: Saudi Arabia Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 30: Saudi Arabia Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 31: Saudi Arabia Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 32: Saudi Arabia Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 33: Saudi Arabia Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 34: Saudi Arabia Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 35: Saudi Arabia Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 36: Oman Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 37: Oman Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 38: Oman Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 39: Oman Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 40: Oman Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 41: Oman Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 42: Oman Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 43: Kuwait Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 44: Kuwait Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 45: Kuwait Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 46: Kuwait Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 47: Kuwait Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 48: Kuwait Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 49: Kuwait Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Figure 50: Bahrain Electric Vehicle Charging Infrastructure Market Size, By Volume (Units), 2018-2028F

Figure 51: Bahrain Electric Vehicle Charging Infrastructure Market Size, By Value (USD Million), 2018-2028F

Figure 52: Bahrain Electric Vehicle Charging Infrastructure Market Share, By Vehicle Type, By Volume, 2018–2028F

Figure 53: Bahrain Electric Vehicle Charging Infrastructure Market Share, By Type, By Volume, 2018–2028F

Figure 54: Bahrain Electric Vehicle Charging Infrastructure Market Share, By Charging Mode, By Volume, 2018–2028F

Figure 55: Bahrain Electric Vehicle Charging Infrastructure Market Share, By Installed Location, By Volume, 2018–2028F

Figure 56: Bahrain Electric Vehicle Charging Infrastructure Market Share, By Connector Type, By Volume, 2018–2028F

Frequently asked questions

What is the estimated market size in 2028 and what are the major factors driving GCC Electric Vehicle Charging Infrastructure Market?

The expected market size by value is USD 71.58 Million by 2028. The increase in the carbon emission norms and target in the GCC countries and the rise in the investment in the sustainable industry are driving the growth in the GCC Electric Vehicle Charging Infrastructure Market.

What are the Vehicle types in the GCC Electric Vehicle Charging Infrastructure Market?

GCC Electric Vehicle Charging Infrastructure Market by Vehicle type is segmented into Two Wheelers, Passenger Cars, Commercial Vehicles. The passenger cars segment is having higher penetration and in the forecast years the segment is expected to witness impressive growth rate.

Who are the top players in the GCC Electric Vehicle Charging Infrastructure Market?

The major players contributing to the GCC Electric Vehicle Charging Infrastructure Market are Catec, V Charge Trading LLC, Future Link L.L.C (Green Parking), ABB Ltd, Orbix (Orbix International LLC), Tesla, Inc, Eaton Corporation plc etc.

Which Countries are leading in the GCC Electric Vehicle Charging Infrastructure Market?

UAE is having higher penetration of the charging stations and other charging infrastructure followed by Qatar and Saudi Arabia respectively.

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Press Release

GCC Electric Vehicle Charging Infrastructure Market is expected to reach USD 71.58 Million by 2028

Apr, 2023

The rising government initiatives and emission targets of different countries in the region are leading to the adoption of electric vehicles and resulting in rise in the demand for charging infrastru

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