Norway electric vehicle charger market is forecast to augment at a CAGR of over 13.0% during the forecast period, 2019-2025. The country is the largest market for electric vehicles in Europe. Government push-ups and incentives for the electric vehicle are the major factors for the growth of the market in the country. In 2016, the Government of the country had targets to sell 100% passenger light-duty electric vehicle and light commercial electric vehicle by 2025. In 2019, passenger plug-in cars fleet share has increased to around 56% in the country. More than 79,600 electric cars were sold in 2019, which was 10% higher than in 2018. 

Norway electric vehicle charger market is studied based on ownership, charger type, and connector type. Based on ownership, the market is segmented into public and private. Moreover, by charger type, the market is bifurcated into slow chargers and fast chargers. 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, whereas the DC connector market is further segmented into CHAdeMO, Combined Charging System (CCS), Type 2 (Tesla) chargers. During the forecast period, DC connectors are expected to show a significant growth rate. As per the government data at the end of 2018, there were around 2,500 charging stations with around 12,400 charging points in the country. Out of this, around 4,5000 are Schuko (AC power plug) points and nearly 11,000 charging points appoints are publicly accessible. Around 1,150 were CHAdeMO fast charging points, and around 1,850 AC type 2 semi/fast charging points in the country. There were around 600 Tesla supercharging points in the country in 2018. 

Key companies contributing to the market include ABB Ltd., Alfen N.V., Tesla, Inc., Engie, Schneider Electric SE, Siemens AG, Webasto SE, and others. The market players are considerably contributing to the market growth by the adoption of various growth strategies including new product launch, merger, and acquisition, collaborations with government, and technological advancements to stay competitive in the market.

Research Methodology

The market study is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Norway Electric Vehicle Charger Market Research and Analysis by Ownership
2. Norway Electric Vehicle Charger Market Research and Analysis by Charger Type
3. Norway Electric Vehicle Charger Market Research and Analysis by Connector Type

The Report Covers

• Comprehensive research methodology of the Norway 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 the Norway electric vehicle charger market.
• Insights about market determinants which are stimulating the Norway electric vehicle charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.