Report Overview

The UAE government’s supportive initiatives promoting sustainable transportation, increasing adoption of electric vehicles (EVs), rising demand for charging stations in commercial and residential buildings, and partnerships between charging station providers and automakers are propelling the growth of UAE Electric Vehicle (EV) Charging Infrastructure Market during the forecast period between 2023 and 2029.

UAE Electric Vehicle (EV) Charging Infrastructure Market – Trends & Forecast Report, 2029

The UAE electric vehicle (EV) charging infrastructure market size was estimated at USD 6.58 million in 2022. During the forecast period between 2023 and 2029, UAE electric vehicle (EV) charging infrastructure market size to grow at a CAGR of 14.33% reaching a value of USD 16.68 million by 2029. The UAE electric vehicle (EV) charging infrastructure market has been experiencing significant growth in recent years, driven by government initiatives to promote the adoption of EV and the increasing demand for sustainable transportation options. Key trends in the UAE electric vehicle (EV) charging infrastructure market include the deployment of fast-charging stations, the integration of renewable energy sources into charging infrastructure, and the development of smart charging solutions. Several major players in the market have also been investing in expanding their charging networks, with a focus on strategic locations, such as highways and urban centers. Overall, the UAE electric vehicle (EV) charging infrastructure market is expected to continue to grow rapidly in the coming years, driven by favorable government policies and increasing consumer demand for EVs.

UAE Electric Vehicle (EV) Charging Infrastructure Market - Overview

Electric vehicle (EV) charging infrastructure refers to the network of charging stations, equipment, and technology that supports the charging of the batteries of EVs. It includes charging stations located in public areas, such as parking lots and city streets, as well as those located in private locations, such as homes, businesses, and public transportation hubs. The infrastructure also includes the electric grid and the technology that manages and monitors the charging process, such as billing and payment systems, connectivity and data management tools, and customer service platforms. The goal of the EV charging infrastructure is to provide convenient, reliable, and accessible charging options for EV owners, promoting the adoption of sustainable transportation.

Growth Drivers

UAE Government’s Supportive Initiatives to Promote Adoption of EVs

The UAE government's ambitious plans to reduce greenhouse gas emissions and to promote sustainable transportation are driving the growth of the electric vehicle (EV) charging infrastructure market. The government has set a target of increasing the share of EVs in the country to 10% by 2030, which is expected to result in a surge in demand for charging infrastructure. Also, the government has launched several initiatives, such as the Green Charger initiative, to encourage the deployment of EV charging stations across the country. Private players are also investing in the market, with several new charging station projects underway. These trends are expected to increase the availability of charging stations and improve the charging infrastructure's reliability.

Restraints

Lack of Standardization

UAE electric vehicle (EV) charging infrastructure market is rapidly growing due to the government's initiatives to promote the adoption of EVs. However, the lack of standardization in charging infrastructure is a significant restraint for the market growth. With various charging standards and connectors available in the market, it becomes challenging for EV users to find charging stations compatible with their EVs. The issue may discourage EV adoption in the UAE and hamper the growth of the EV charging infrastructure market. To overcome this challenge, there is a need for a standardized charging infrastructure that is compatible with all types of EVs.

UAE Electric Vehicle (EV) Charging Infrastructure Market

Segmental Coverage

UAE Electric Vehicle (EV) Charging Infrastructure Market – By Charger Type

On the basis of charger type, UAE electric vehicle (EV) charging infrastructure market is split into Slow Charger and Fast Charger segments. Slow chargers, also known as Level 1 and Level 2 chargers, have a lower charging rate and are typically used in residential areas, workplaces, and other locations where the vehicle will be parked for a longer period. Fast chargers, also known as Level 3 or DC fast chargers, have a higher charging rate and are typically used for public charging stations along highways, in parking lots, and in other locations where drivers need a quick charge. Both segments play a critical role in the growth and adoption of EVs.

UAE Electric Vehicle (EV) Charging Infrastructure Market – By Connector Type

By connector type, UAE electric vehicle (EV) charging infrastructure market is divided into CHAdeMO and CCS segments. The CCS (combined charging system) segment is a higher contributor to the growth of UAE electric vehicle (EV) charging infrastructure market. CCS is a fast-charging standard developed by carmakers based in Germany and United States. It is popular and can charge EVs up to 80% in 20–30 minutes. The adoption of these standards is critical for the growth of the EV industry, as it ensures interoperability and compatibility between charging stations and EVs.

UAE Electric Vehicle (EV) Charging Infrastructure Market – By Level of Charging

By the level of charging, UAE electric vehicle (EV) charging infrastructure market is divided into Level 1, Level 2, and Level 3 segments. Level 1 charging refers to the basic charging capability that uses a standard household outlet and provides a low charging rate. Level 2 charging provides faster charging times and requires a dedicated charging station that can be installed at home, workplaces, or public areas. Level 3 charging, also known as DC fast charging, provides the fastest charging rates and requires specialized equipment. Level 3 charging is typically used for commercial or public charging stations and can recharge a vehicle in as little as 30 minutes. The market for each level of charging infrastructure varies in size and demand depending on the use case and location.

UAE Electric Vehicle (EV) Charging Infrastructure Market – By Connectivity

On the basis of connectivity, the UAE electric vehicle (EV) charging infrastructure market is divided into Non-connected Charging Stations and Connected Charging Stations segments. The connected charging station segment is a higher contributor to the market growth. Connected charging stations are integrated with a network that allows for remote monitoring, payment, and management. These stations offer faster charging capabilities and are typically found in more convenient locations, such as parking lots and service stations. The UAE government has been promoting the growth of the EV market in the country and has set ambitious targets for the expansion of charging infrastructure.

UAE Electric Vehicle (EV) Charging Infrastructure Market – By Application

On the basis of application, the UAE electric vehicle (EV) charging infrastructure market is bifurcated into Commercial and Residential segments. The commercial segment is further divided into Destination Charging Stations, Highway Charging Stations, Bus Charging Stations, and Fleet Charging Stations segments. The Residential segment further split into Private Houses and Apartments subsegments.  The residential segment is a higher contributor to the UAE electric vehicle (EV) charging infrastructure market. Residential charging infrastructure, on the other hand, refers to charging solutions installed in private homes, apartments, and parking spaces. These charging solutions are owned by individual EV owners and are used to charge their vehicles overnight or during the day. As the demand for EVs grows in the UAE, the development of both commercial and residential charging infrastructure is becoming increasingly important to support the widespread adoption of electric mobility.

Competitive Landscape

Major players in UAE electric vehicle (EV) charging infrastructure market include ChargePoint, Inc., ClipperCreek, Eaton, GENERAL ELECTRIC, Leviton Manufacturing Co., Inc., Webasto, Schneider Electric, Siemens, Tesla, Inc., and ABB. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

• In August 2021 - The Dubai Electricity and Water Authority (DEWA) and Tesla formed a partnership to install 200 Tesla Destination Chargers at different locations, including hotels, shopping malls, and other tourist destinations, in Dubai.

• In July 2021 - Abu Dhabi National Oil Company (ADNOC) announced its plans to install 500 EV charging points by the end of 2021 and about 1,000 EV charging points by the end of 2022 at its petrol stations across the UAE. ADNOC’s plans aimed at providing a comprehensive charging infrastructure for EV drivers and will help to encourage the adoption of EVs in the UAE.

Scope of the Report

Attributes	Details
Years Considered	Historical Data – 2019–2022
	Base Year – 2022
	Estimated Year – 2023
	Forecast Period – 2023–2029
Facts Covered	Revenue in USD Million
Market Coverage	UAE
Product/ Service Segmentation	Charger Type, Connector Type, Level of Charging, Connectivity, Application
Key Players	ChargePoint, Inc., ClipperCreek, Eaton, GENERAL ELECTRIC, Leviton Manufacturing Co., Inc., Webasto, Schneider Electric, Siemens, Tesla, Inc., ABB

 

 

By Charger Type

• Slow Charger

• Fast Charger

By Connector Type

• CHAdeMO

• CCS

• Others

By Level of Charging

• Level 1

• Level 2

• Level 3

By Connectivity

• Non-connected charging stations

• Connected charging stations

By Application

• Commercial

1. Destination Charging Stations

2. Highway Charging Stations

3. Bus Charging Stations

4. Fleet Charging Stations

5. Others

• Residential

1. Private Houses

2. Apartments

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. UAE Electric Vehicle (EV) Charging Infrastructure Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing Concerns Over Carbon Emissions
         2. Increasing Adoption of Electric Vehicles            
      2. Restraints
         1. High Costs of Setting Up EV Infrastructure
      3. Opportunities
         1. Government Regulations and Tax Exemptions Further Promote the Adoption of EVs
      4. Challenges
         1. Emergence of hydrogen fuel cell vehicles
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. UAE Electric Vehicle (EV) Charging Infrastructure Market Overview
   1. Market Connector Type & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Charger Type
         1. Slow Charger
         2. Fast Charger
      2. By Connector Type
         1. CHAdeMO
         2. CCS
         3. Others
      3. By Level of Charging
         1. Level 1
         2. Level 2
         3. Level 3
      4. By Connectivity
         1. Non-connected charging stations
         2. Connected charging stations
      5. By Application
         1. Commercial
            1. Destination Charging Stations
            2. Highway Charging Stations
            3. Bus Charging Stations
            4. Fleet Charging Stations
            5. Others
         2. Residential
            1. Private Houses
            2. Apartments
5. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. UAE Electric Vehicle Charging Infrastructure Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
6. Impact of Covid-19 on UAE Electric Vehicle (EV) Charging Infrastructure Market
7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
   1. ChargePoint, Inc.
   2. ClipperCreek
   3. Eaton
   4. GENERAL ELECTRIC
   5. Leviton Manufacturing Co., Inc.
   6. Webasto
   7. Schneider Electric
   8. Siemens
   9. Tesla, Inc.
   10. ABB
   11. Other Prominent Players
8. Key Strategic Recommendations
9. Research Methodology
   1. Qualitative Research
      1.  Primary & Secondary Research
   2.   Quantitative Research
   3.   Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5.   Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

 

 

List of Figures

 

Figure 1       UAE Electric Vehicle (EV) Charging Infrastructure Market Segmentation

Figure 2       UAE Electric Vehicle (EV) Charging Infrastructure Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Value (USD Million), 2019–2029

Figure 5       UAE Electric Vehicle (EV) Charging Infrastructure Market Share, By Charger Type, By Value, 2019–2029

Figure 6       UAE Electric Vehicle (EV) Charging Infrastructure Market Share, By Connector Types, By Value, 2019–2029

Figure 7       UAE Electric Vehicle (EV) Charging Infrastructure Market Share, By Level of Charging, By Value, 2019–2029

Figure 8       UAE Electric Vehicle (EV) Charging Infrastructure Market Share, By Connectivity, By Value, 2019–2029

Figure 9       UAE Electric Vehicle (EV) Charging Infrastructure Market Share, By Application, By Value, 2019–2029

 

List of Tables

 

Table 1        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Value (USD Million), 2019–2029

Table 2        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Charger Type, By Value, 2019–2029

Table 3        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Connector Types, By Value, 2019–2029

Table 4        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Level of Charging, By Value, 2019–2029

Table 5        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Connectivity, By Value, 2019–2029

Table 6        UAE Electric Vehicle (EV) Charging Infrastructure Market Size, By Application, By Value, 2019–2029

Table 7        ChargePoint, Inc. Company Overview

Table 8        ChargePoint, Inc. Financial Overview

Table 9        ClipperCreek Company Overview

Table 10      ClipperCreek Financial Overview

Table 11      Eaton Company Overview

Table 12      Eaton Financial Overview

Table 13      GENERAL ELECTRIC Company Overview

Table 14      GENERAL ELECTRIC Financial Overview

Table 15      Leviton Manufacturing Co., Inc. Company Overview

Table 16      Leviton Manufacturing Co., Inc. Financial Overview

Table 17      Webasto Company Overview

Table 18      Webasto Financial Overview

Table 19      Schneider Electric Company Overview

Table 20      Schneider Electric Financial Overview

Table 21      Siemens Company Overview

Table 22      Siemens Financial Overview

Table 23      Tesla, Inc. Company Overview

Table 24      Tesla, Inc. Financial Overview

Table 25      ABB Company Overview

Table 26      ABB Financial Overview