Pro
07K14K21K28KUSD Mn201820192020202120222023202420252026
OEM
Aftermarket
Automotive
Asia-Pacific Automotive Suspension System Market Size, By Sales Channel (2018-2027)
| Label | Europe | Germany | France | United Kingdom | Italy | Rest of Europe |
|---|---|---|---|---|---|---|
| 2017 | 721.4 USD Mn | 197.5 USD Mn | 127.9 USD Mn | 108.9 USD Mn | 41.8 USD Mn | 245.3 USD Mn |
| 2018 | 981.8 USD Mn | 261.8 USD Mn | 171.1 USD Mn | 150.5 USD Mn | 52.3 USD Mn | 346.3 USD Mn |
| 2019 | 1336.8 USD Mn | 345.5 USD Mn | 228.9 USD Mn | 208.0 USD Mn | 65.4 USD Mn | 489.0 USD Mn |
| 2020 | 1824.1 USD Mn | 455.0 USD Mn | 307.0 USD Mn | 288.0 USD Mn | 82.1 USD Mn | 692.0 USD Mn |
| 2021 | 2493.8 USD Mn | 597.1 USD Mn | 412.6 USD Mn | 399.7 USD Mn | 103.1 USD Mn | 981.2 USD Mn |
| 2022 | 3412.3 USD Mn | 780.0 USD Mn | 554.9 USD Mn | 555.2 USD Mn | 129.7 USD Mn | 1392.5 USD Mn |
| 2023 | 4689.7 USD Mn | 1016.8 USD Mn | 749.5 USD Mn | 774.5 USD Mn | 163.9 USD Mn | 1984.9 USD Mn |
| 2024 | 6446.2 USD Mn | 1316.0 USD Mn | 1012.6 USD Mn | 1080.7 USD Mn | 207.2 USD Mn | 2829.8 USD Mn |
| 2025 | 8862.1 USD Mn | 1689.1 USD Mn | 1368.3 USD Mn | 1508.1 USD Mn | 261.8 USD Mn | 4034.9 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Rest of Europe accounted for the largest market share in 2018 in the Europe electric vehicle charging station market, and is expected to reach USD 4034.90 Million in 2025 from USD 346.30 Million in 2018.This market is projected to grow at a CAGR of 42.15% during the forecast period from 2019 - 2025. combined charging system segment accounted for the largest market share in 2018, this market is expected to reach USD 4030.95 Million in 2025 from USD 436.84 Million in 2018. This market is projected to grow at a CAGR of 37.60% during the forecast period from 2019 - 2025. However, chademo segment is the fastest growing market, which is expected to grow at a CAGR of 40.90% during the forecast period 2019 - 2025. residential segment accounted for the larger market share in 2018, this market is expected to reach USD 6213.01 Million in 2025 from USD 726.53 Million in 2018. This market is projected to grow at a CAGR of 35.96% during the forecast period from 2019 - 2025.
However, commercial segment is the fastest growing market, which is expected to grow at a CAGR of 39.91% during the forecast period 2019 - 2025. battery electric vehicle bev segment accounted for the largest market share in 2018, this market is expected to reach USD 4361.61 Million in 2025 from USD 509.09 Million in 2018. This market is projected to grow at a CAGR of 35.90% during the forecast period from 2019 - 2025. However, plug–in hybrid vehicle phev segment is the fastest growing market, which is expected to grow at a CAGR of 39.74% during the forecast period 2019 - 2025. ac charging station segment accounted for the largest market share in 2018, this market is expected to reach USD 6630.01 Million in 2025 from USD 750.70 Million in 2018. This market is projected to grow at a CAGR of 36.58% during the forecast period from 2019 - 2025. However, dc charging station segment is the fastest growing market, which is expected to grow at a CAGR of 40.38% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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