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Electric Vehicle Infrastructures Market to Reach $270.5 Billion, Globally, by 2033 at 27.6% CAGR: Allied Market Research

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The electric vehicle (EV) infrastructure market has experienced robust growth as the global transition towards cleaner transportation accelerates. This expansion is primarily driven by increasing government incentives, stringent emissions regulations, and growing environmental awareness among consumers.

WILMINGTON, Del., Sept. 17, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Electric Vehicle Infrastructures Market by Charger Type (Slow Charger and Faster Charger), Installation Type (Fixed and Portable), Connector (CHAdeMO, CCS and Others), Deployment (Private and Public), Application (Commercial and Residential): Global Opportunity Analysis and Industry Forecast, 2024-2033″. According to the report, the electric vehicle infrastructures market was valued at $24.6 billion in 2023, and is estimated to reach $270.5 billion by 2033, growing at a CAGR of 27.6% from 2024 to 2033.

The global electric vehicle infrastructure market is witnessing rapid growth, driven by the increasing adoption of electric vehicles worldwide. Governments and private enterprises are investing heavily in expanding charging networks to meet the rising demand for EVs. This growth is bolstered by supportive policies and incentives aimed at reducing carbon emissions and combating climate change. Technological advancements in charging solutions, such as fast charging and wireless charging, are further enhancing the convenience and feasibility of EV ownership. Additionally, partnerships between automakers, energy companies, and technology providers are fostering the development of integrated and innovative charging solutions. As a result, the global EV infrastructure market is expected to witness continued expansion, playing a crucial role in the transition to sustainable transportation.

Request Sample of the Report on Electric Vehicle Infrastructures Market Forecast 2033: https://www.alliedmarketresearch.com/request-sample/A73347

Prime determinants of growth 

The market is in a high growth stage, and the rate of expansion is accelerating. The electric vehicle charging infrastructure market infrastructure market is characterized by high levels of innovation and quickly growing technology developments. Technological breakthroughs, such as improvements in charging infrastructure and battery technology, are making electric vehicles more convenient and practical for daily usage. Opportunities exist in the use of V2G-enabled EV charging stations. However, lack of standardization of charging stations restrains market growth.

By Charger Type

The fast charger segment is expected to experience rapid growth throughout the forecast period.

By charger type, the fast charger segment is anticipated to experience faster growth in the electric vehicle infrastructure market due to the This rise is due to various governments’ increasing initiatives to accelerate the implementation of public fast-charging infrastructure. Most organizations have installed Level 3 DC fast chargers or Level 2 AC charging stations, which can fully charge an electric vehicle in 30 minutes to 4 hours. Furthermore, automakers are emphasizing the installation of electric vehicle charging stations for their employees as part of their attempts to increase awareness about their electric vehicles and public charging stations.

Procure Complete Report (324 Pages PDF with In-depth Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/electric-vehicle-infrastructures-market-A73347

By Installation Type

The fixed segment is expected to experience rapid growth throughout the forecast period.

By installation type, the fixed segment is anticipated to experience growth in the electric vehicle infrastructure market, owing to its ability to provide reliable and consistent charging solutions in various locations, including residential, commercial, and public areas. Fixed charging stations offer higher power outputs compared to mobile solutions, enabling faster charging times which are essential for the convenience of EV users. The increasing adoption of electric vehicles in urban areas is driving the demand for accessible and strategically placed fixed charging infrastructure.

By Connector

The others segment is expected to experience rapid growth throughout the forecast period.

By connector, in 2023, the others sector had the most market revenue share. This category comprises connectors such as GB/T, Mennekes, J1772, and others. This segment’s dominance is due to China’s widespread use of GB/T connections. The GB/T connector is China’s official EV plug standard, and it is utilized by all EV chargers. High EV sales, combined with a high presence of EV charging infrastructure in China, are expected to drive segment growth.

By Deployment

The public segment is expected to experience rapid growth throughout the forecast period.

By deployment, the public segment is anticipated to experience growth in the electric vehicle infrastructure market, owing to its ability to provide reliable and consistent charging solutions in various locations, including residential, commercial, and public areas. As more cities and countries set ambitious targets for reducing carbon emissions and transitioning to electric mobility, there is a heightened demand for the development of EV charging networks and supporting infrastructure. Public sector investments are crucial for expanding charging station coverage, particularly in urban areas and along major transportation corridors, making EV adoption more feasible and convenient for consumers. Additionally, government incentives and policies aimed at promoting green energy and reducing reliance on fossil fuels further drive this growth.

By Application

The commercial segment is expected to experience rapid growth throughout the forecast period. 

By application, the commercial segment is anticipated to experience growth in the electric vehicle infrastructure market, owing to its critical role in supporting the widespread adoption of electric vehicles across various sectors. Commercial charging stations, located in workplaces, retail centers, parking garages, and other public venues, offer convenient access for EV users, encouraging more consumers and businesses to transition to electric vehicles. The rise of fleet electrification in logistics, ride-sharing, and public transportation is driving the need for robust commercial charging solutions.

By Region

Asia-Pacific to maintain its dominance by 2033. 

Region wise, Asia-Pacific is expected to maintain its dominance in the electric vehicle infrastructure market by 2033 owing to robust owing to robust government initiatives, substantial investments in sustainable transportation, and rapid urbanization. Governments across the region, particularly in China, Japan, and South Korea, are implementing policies and subsidies to promote the adoption of electric vehicles and the expansion of EV charging networks. The commitment to reducing carbon emissions and combating air pollution is driving large-scale deployments of EV infrastructure. Additionally, the increasing collaboration between public and private sectors is accelerating the development of advanced and extensive charging networks.

Players: –

ChargePoint, Inc.ABB Ltd.Tritium DCFC LimitedDelta Electronics, Inc.BTC PowerSiemensSchneider ElectricEaton Corporation plcbp pulseWebasto GroupTesla Inc

The report provides a detailed analysis of these key players in the global electric vehicle infrastructure market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. 

Make an Inquiry for Further Details of Report: https://www.alliedmarketresearch.com/electric-vehicle-infrastructures-market/purchase-options

Recent Industry News

In February 2023, ChargePoint Holdings, Inc. and Fisker, Inc., an automobile company, announced an agreement to improve the driving experience of Fisker Ocean drivers. The partnership aims to ensure that Fisker Ocean drivers can access charging facilities conveniently and seamlessly.In February 2023, bp pulse unveiled plans to invest $1 billion in the development of electric vehicle (EV) charging stations in the U.S. by 2030, with a significant aspect of the investment dedicated to collaborating with The Hertz Corporation on the construction of fast-charging infrastructure at The Hertz Corporation’s facilities in prominent cities such as Austin, Atlanta, Boston, Denver, Chicago, New York City, Houston, Miami, San Francisco, and Washington, DC.

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AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Technology

LANDI Global Unveils Flagship Cx20: Elevating business efficiency and customer experience with a next-generation Windows-powered terminal

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January 11, 2025

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SINGAPORE, Jan. 11, 2025 /PRNewswire/ — LANDI Global proudly announces the launch of the Cx20 terminal, our flagship next-generation smart Windows Desktop POS.

Engineered for businesses that seek advanced technology and refined design, the Cx20 delivers top-tier performance with seamless compatibility. This powerful Desktop POS empowers users to handle even the most challenging tasks with confidence, making it ideal for demanding environments.

Innovation driven by market needs

The Cx20 is designed to meet the growing global demand for Windows-based Desktop POS.

With a large Windows-installed base still in use and the end of support for Windows 10, many businesses are seeking an easy migration path to Windows 11-compatible POS solutions. The Cx20 integrates seamlessly with existing Windows-based applications and back-end systems, ensuring minimal disruption and maximum compatibility.

Build for Business Demand  

The Cx20 is built to meet the demands of businesses with its powerful performance, robust connectivity, and user-friendly design.

Equipped with advanced industrial control chips, running on Windows 11 IoT LTSC, the Cx20 benefits from Microsoft’s long-term support of up to 10 years+, delivering consistent performance for high-demand workloads and efficient multitasking.

Connectivity is seamless, with Wi-Fi 6e and 1000M Ethernet support, ensuring constant, reliable connectivity essential for uninterrupted business operations.

Its 15.6″ IPS with 1920×1080 resolution, multi-touch display ensures crystal-clear visuals and an intuitive user experience.

Outstanding performance and customer benefit

The Cx20 is powered by a Hexa-core Intel® i3-1215U processor, reaching speeds up to 4.4GHz. With compatibility for Windows 11 IoT, it excels at handling high-demand workloads and multitasking, making it the ideal POS solution for businesses.

Memory options range from 8GB + 256GB as a base, ensuring versatility to meet various operational needs while maintaining a seamless experience for complex tasks. The Cx20 is equipped with an integrated 80mm thermal printer featuring auto-cutter technology, ensuring efficient printing, and LANDI’s patented auto-recovery technology automatically resolves paper jams for uninterrupted service.

Distinct competitive advantages

The Cx20 stands out with its perfect blend of cutting-edge design and high-performance functionality.

Equipped with the latest Intel® processors and generous memory options, it delivers smooth operation and efficient multitasking, making it ideal for demanding retail and hospitality environments.

Cx20 features an ultra-slim triangular base for added stability and a sleek profile. With a body thickness of 4mm and a screen thickness of 8mm, it combines state-of-the-art technology.

Visit LANDI Global for more information!

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SOURCE LANDI Global

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Technology

CSI Companies Acquires MedSys Group, Expanding Healthcare IT Services

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26 minutes ago

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January 11, 2025

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CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

JACKSONVILLE, Fla., Jan. 11, 2025 /PRNewswire-PRWeb/ — CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies. “This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

MedSys Group brings extensive expertise in Healthcare IT consulting, implementation, and support. Together, the combined entity will offer a more robust suite of solutions, including enhanced consulting, expanded implementation services, and comprehensive support. These offerings will provide strategic guidance, optimize operations, ensure seamless system integration, and improve proactive maintenance and issue resolution.

This acquisition aligns with CSI Companies’ strategic vision to bring innovative solutions that drive healthcare organizations forward. By combining the strengths of CSI Companies with MedSys Group, service delivery for our healthcare IT clients will be even greater.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies.

“This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

Alan Kravitz, CEO at MedSys Group, added, “This unification will enable us to offer our clients a broader range of services and resources. We share a common commitment to excellence, innovation, and customer satisfaction, making this a natural fit.”

About CSI Companies

CSI Companies is a leading workforce solutions provider headquartered in Jacksonville, Florida. Founded in 1994, CSI Companies has expanded over the years to include a comprehensive range of services for diverse healthcare organizations. CSI Companies was acquired by Recruit Holdings in 2010, one of the world’s largest providers of HR services and the parent company of Indeed and Glassdoor. As a boutique division of Recruit, CSI has the resources necessary to scale with any enterprise, yet is small enough to maintain the agility, personal service, and remarkable experience it’s become known for since its founding.

About MedSys Group

Founded in 1995, MedSys Group is a leading Healthcare IT consulting firm driven by a passion for improving patient care. Specializing in solving complex healthcare IT challenges and aligning optimal solutions between organizations, patients, and communities, Medsys is dedicated to closing the gaps between IT systems and patient care. The team at Medsys Group defines its success by the success of its clients, fostering strong relationships, and partnering with some of the nation’s top healthcare companies.

Shared Values

Both CSI Companies and MedSys Group share a strong commitment to:

Customer Focus: Delivering exceptional value and exceeding client expectations.Innovation: Embracing cutting-edge solutions to drive business growth.Collaboration: Fostering strong partnerships with clients and employees.Excellence: Striving for the highest standards of quality and service.

To learn more visit CSICOMPANIES.COM

Media Contact Information

Samantha Sotter

Director of Marketing

ssotter@csicompanies.com

904.930.4388

Media Contact

Naomi Fraser, CSI Companies, 1 904.930.4388, nfraser@csicompanies.com, https://csicompanies.com/

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SOURCE CSI Companies

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Thinkpal learning tablet from Think Academy wins TechRadar Pro Picks and Trusted Reviews Best in Show awards at CES 2025

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1 hour ago

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January 11, 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — Think Academy debuted its Thinkpal tablet at CES 2025 and has won a TechRadar Pro Picks and Trusted Reviews Best in Show awards for this innovative new product.

Both awards are given to innovative products and solutions at CES that stand out from a packed crowd. Think Academy President, Alex Peng, was presented the awards at CES, noting the awards were given to Thinkpal because it is both a wholly unique product in the education technology market and also provides such value to parents and educators.

Designed to transform the way kids learn, explore, and thrive in an ever-evolving world, the Thinkpal is powered by cutting-edge AI that serves as a guide and tutor for young learners. With significant learning loss experienced in recent years, families and educators have faced unprecedented challenges as test scores in reading and math have seen steady declines. Parents have expressed their struggles in reigniting their children’s passion for learning, while educators grapple with the complexities of bridging diverse learning gaps.

To meet these challenges, the Thinkpal tablet offers a tailored, AI-powered solution that provides step-by-step writing guidance and real-time math support, making learning more intuitive and enjoyable.

Alex Peng introduced several key features of the Thinkpal during a press event. He showed the audience how Thinkpal’s “GeniusTutor,” an AI-powered system that transforms learning into an interactive and engaging experience, is the heart of this product’s features. Built on the Microsoft Azure OpenAI GPT-4o model, GeniusTutor provides real-time guidance and feedback, empowering students to:

Conquer complex math problems through logic-driven, step-by-step explanationsMaster writing with interactive prompts and instant feedback that build confidence and creativityEnhance vocabulary and reading skills with innovative tools like “Point-and-Discover,” where children can point to words in a physical book, and the tablet’s camera instantly provides explanations, along with guided reading exercises

Adding a touch of fun and companionship, “Thinkie,” an advanced AI-powered learning companion, engages children through voice-based natural language interactions. Thinkie chats, answers questions, and fosters curiosity, making the learning process enjoyable and dynamic.

With an extensive library of ebooks, gamified coursework, and compatibility with popular applications like Google Classroom, the Thinkpal Tablet is a versatile tool for modern families. The 11-inch TÜV Rheinland-certified eye-care screen also safeguards children’s vision during extended use, while the optional keyboard transforms the tablet into a Chromebook-like device, enhancing productivity and usability.

“Our mission is to provide every child with a personalized, world-class tutor that inspires confidence and a lifelong love for learning”, noted Alex Peng during a media interview Q&A. “We’re honored that TechRadar and Trusted Reviews recognize the potential of the Thinkpal to improve learning through advanced and accessible technology.”

The Thinkpal Tablet will be available for $249 ($339 including keyboard) at shop.thethinkacademy.com. Pre-orders open today.

About Think Academy

Think Academy, a subsidiary of TAL Education Group (NYSE: TAL), has been at the forefront of education innovation for over two decades. Serving more than 5 million K-12 students across 10+ countries, Think Academy is dedicated to creating fair and comprehensive educational opportunities. By integrating advanced technology with expert curriculum design, Think Academy is shaping the future of learning to be more accessible, engaging, and impactful.

For media inquiries, contact:
Cecilia Qian
cecilia@impact5r.com

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