Solar Panel for Electric Vehicle and Chargers Market Report 2028: Analysis of Market Size, CAGR, Profitable Segments, and Leading Regions

The latest report by MarkNtel Advisors, titled “Solar Panel for Electric Vehicle and Chargers Market Report By Vehicle Type (Passenger Electric vehicles, Commercial Electric vehicles, Electric two-wheelers & three-wheelers), By Material (Monocrystalline PV cells, Polycrystalline PV cells, Others (Thin-film cells)), By Charger Type (Private EV chargers, Public EV chargers), By Changing Levels (Level 1, Level 2, Level 3), By Installation Type (Solar Roof, Solar Windows), By Number of Cells (Less than 60, 60-96 Cells, Above 96 Cells), other and Region 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Solar Panel for Electric Vehicle and Chargers Market research report.

What is the market outlook for Solar Panel for Electric Vehicle and Chargers?

The Solar Panel for Electric Vehicle and Chargers Market size is estimated to grow at a CAGR of around 35% during the forecast period 2023–28.

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Major Companies Operating in the Solar Panel for Electric Vehicle and Chargers Industry:

Electrify America, Beam Global, Ovo Energy Ltd., ChargedEv, MyEnergi Ltd., WallBox Chargers, S.L., Empower Solar, Power-Sonic, Hanergy the Film Power, Wiocor Ltd., Lightyear One, Sono Motors GmbH, Vivint Solar, Toyota Motor Corporation, Off-Grid Installer Limited

Solar Panel for Electric Vehicle and Chargers Market Report Segmentation:

By Vehicle Type     

-Passenger Electric vehicles

-Commercial Electric vehicles

-Electric two-wheelers and three-wheelers

  • Passenger Electric Vehicles Accounted for the Largest Market Share

By Material

-Monocrystalline PV cells

-Polycrystalline PV cells

-Others (Thin film cells)

By Charger Type

-Private EV chargers

-Public EV chargers

By Changing Levels

-Level 1

-Level 2

-Level 3

By Installation Type

-Solar Roof

-Solar Windows

By Number of Cells

-Less than 60

-60-96 Cells

-Above 96 Cells

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Regional Insights:

  • North America: USA, Canada, Mexico
  • Europe: Germany, UK, France
  • Asia-Pacific: China, India, Japan, South Korea, Australia
  • South America: Brazil

Market Driver – Low Charging Cost Boost the Market Growth

One of the most crucial factors driving the Solar Panel for Electric Vehicles and Chargers Market is the surging prices of petroleum products. Consumers from various emerging countries are adversely affected by the high cost of petrol. Therefore, the demand for a solar-powered electric vehicle is significantly rising across the globe. Additionally, solar panels are the energy-efficient source of charging, thereby positively influencing the market growth.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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