KSA EV Charging Equipment Market To Reach SAR 4.8Bn By 2027 – Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The KSA EV Charging Equipment market is expanding as a result of the rise in the number of EVs in the region, and government initiatives to support the EV infrastructure in the country. The KSA EV Charging Equipment market is a highly consolidated market with EV Box and Electromin having a major share of the market. Market players such as ABB AND CirControl are positioned as challengers and offer affordable charging equipments in the EV charging market. The adoption of EVs is expected to increase as the KSA government is looking out for more sustainable options to reduce carbon emissions in the region. The government of KSA plans on diversifying the revenue stream by making way for Electric Vehicles. The region imports the charging equipment from other countries. Currently, there are no manufacturing plants in KSA. Growth of Commercial Vehicles in the Region: The EV charging equipment market in KSA is expected to generate a revenue of SAR 4.8 Mn by 2027 as the market is expected to progress due to a rise in the number of electric vehicles and increased investment in charging infrastructure, looks promising in terms of growth in the region. Additionally, logistic companies worldwide are under continuous pressure to reduce their carbon footprint and bring in more eco-friendly solutions, which is expected to add to the growth of commercial vehicles in the region. KSA Vision 2030: Many private players are setting up charging stations on their own premises such as workstations, malls, petrol pumps, and so on. This is expected to fuel the growth of private chargers in the region; however, the demand for public and portable chargers is expected to increase once the number of EVs rises in the region. In addition to this, the government has high ambitions to increase the number of EVs in the region under Vision 2030. By 2030, the Kingdom of Saudi Arabia intends for 30% of automobiles on Riyadh’s roadways to be electric. Moreover, new brands entering the market along with new manufacturing projects in the region are expected to be major catalysts of growth in the Kingdom. Advantages of EVs: Buying an EV costs more than buying an ICE. However, the operational expenditures of an ICE car for gasoline and maintenance are higher than those of an EV. The mass manufacture of batteries, as well as potential tax breaks, will further reduce the cost, making it much more cost-effective. Moreover, because an electric engine produces rapid torque, electric cars accelerate and decelerate smoothly and quickly. In addition, electric vehicles have a low center of gravity, which enhances handling, responsiveness, and ride comfort. Furthermore, electric vehicles reduce noise pollution since they are significantly quieter. Analysts at Ken Research in their latest publication “KSA EV Charging Equipment Market Outlook to 2027F – Driven by Government Initiatives, Demand for Eco-friendly Transportation and Entry of New Brands in the market” observed the potential of the EV Charging Equipment Market in KSA. New manufacturing plants in the kingdom, a growing economy, a high urban population, and empowerment of new energy resources along with government incentives are expected to contribute to the market growth over the forecast period. The KSA EV Charging Equipment Market is expected to grow at ~88% CAGR over the forecasted period 2022-2027F. Key Segments Covered:- KSA EV Market Segmentations By Types of Vehicles: Sedan SUV Small / Hatchback Minivan Heavy Trucks Others By Types of Battery Lithium-Ion NiMH By Types of Propulsion HEV BEV PHEV By Major Cities Riyadh Jeddah Dammam Al Khobar Rest of KSA To learn more about this report Download a Free Sample Report KSA EV Charging Equipment Market Segmentations: By Types of Vehicles: Passenger Vehicle Commercial Vehicle By Types of Chargers: AC (Slow) DC (Fast) By Types of Connectors: Type 2 (7 Pin) Type 1 (5 Pin) CHAdeMO CCS By Types of Ecosystems CPOs Service Providers Manufacturers By Types of Sales Channels Direct Sales Distribution By Source of Manufacturing Import Domestic Visit this Link :- Request for custom report By Application Private Chargers Public Chargers Portable Chargers Key Target Audience Electricity Supplier EV Manufacturers EV Charging Equipment Manufacturers EV Charging System Operator Demand side Transport Operators Government Bodies Time Period Captured in the Report Historical Year: 2021 Base Year: 2022 Forecast Period: 2022– 2027F Companies Covered EV Charging Equipment Companies Electromin ASX EV Solutions Motevs EVBox WallBox Charger Circontrol ALITCO Siemens ABB Ltd. Schneider Electrics Qabis ESSCO Abunayyan Trading Altaaqa Alternative Solutions Turning Point Energy Zain EV Companies Ford Toyota Lucid MG Chevrolet General Motors Nissan Hyundai Volkswagen Peugeot Kia BMW Scania Key Topics Covered in the Report:- EV Market Overview in KSA Ecosystem of Major Entities in the KSA Government Initiatives and Regulations KSA EV Market Sizing and Segmentations, 2022 Competition Framework EV Market in KSA Future Plans of Major EV brands in KSA KSA EV Charging Equipment Market Overview Ecosystem of Entities Operating in EV Charging Equipment Market Value Chain Analysis of EV Charging Equipment Market in KSA KSA EV Charging Equipment Market Sizing Segmentations, 2022 SWOT Analysis of KSA EV Charging Equipment Market Barriers in the Adoption of EVs in Saudi Arabia Growth Drivers of KSA EV Charging Equipment Market End User Analysis of EV Equipment Charging Market in KSA Competition Framework for EV Charging Equipment Market Pricing Analysis for EV and EV Charging Equipment Market in KSA Future Market Sizing and Segmentation, 2027F Future Market Trends for EV Charging in KSA Market Opportunities and Analyst Recommendations For more insights on the market intelligence, refer to below link:- KSA EV Charging Equipment Market Related Reports By Ken Research:- UAE Electric Vehicle Charging Equipment Market Outlook to 2026 India EV Charging Equipment Market Outlook to FY’2026 Indonesia Electric Vehicle Charging Equipment Market Outlook to 2026 Follow Us – LinkedIn | Instagram | Facebook | Twitter | YouTube Tags: ABB EV Charging Equipment Market Revenue, Challanges in KSA EV Charging Equipment Sector, Charging Stations in KSA, domestic EV charging equipment companies in KSA, Electric Vehicle Charger Manufacturers KSA, Electric vehicle industry KSA, Electric Vehicle Manufacturers KSA, Electromin EV Charging Equipment Market, EV Charger Manufacturers in KSA, EV Chargers in KSA, EV Charging Equipment Manufacturers KSA, EV Charging Equipment Market KSA, EV Charging Equipments Market, EV Manufacturers in KSA, EV market in Saudi Arabia, KSA Battery vehicles Market, KSA Electric scooter Market, KSA Electric Vehicle Chargers Sales, KSA Electric Vehicle Charging Station Market, KSA EV Charger Market, Leading Players in KSA EV Charging Equipment Sector, Major Players in KSA EV Charging Equipment Industry, Manufacturers of EV Charging Equipments KSA, Number of Charging Stations in KSA, Number of EV Charging Stations in KSA, Number of EVs in Saudi Arabia, Public and Private Charging Stations in KSA, Saudi Arabia EV Charging Equipment Industry, Saudi Arabia EV Charging Equipment Market, Saudi Arabia EV Market, Schneider Electrics EV Charging Equipment Market, Siemens EV Charging Equipment Market, Top EV Charging Equipment Companies