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The global brushless DC motor market is expected to reach approximately $25 billion by 2028
22-07-14

 1. The construction scale is rapidly increasing, and the proportion of fast-filling piles is gradually increasing

According to the data released by IEA, from 2015 to 2020, the construction scale of public charging piles for electric vehicles in the world continued to rise, increasing from 184,300 in 2015 to 1,307,900 in 2020, with a compound annual growth rate of 47.98%.

From 2020, the number of public charging piles in the world increased to 1,307,900, with a year-on-year increase of 412,300. Among them, the global number of public slow filling piles is 922,200, and the number of public fast filling piles is 385,700.

2. Subsidy policies and supporting needs jointly promote industry growth

 – Increasing demand for supporting electric vehicles 

On the one hand, the increasing popularity of global electric vehicles drives the demand for electric vehicle charging piles. According to the IEA, the global production and sales of pure electric vehicles and plug-in hybrids continued to increase in 2017-20. Although ev sales in major markets are currently low, growth rates have remained high over the past four years.

 In 2020, the global sales volume of BEC and PHEV bucked the trend and reached about 3 million units. At the same time, global ev ownership is on the rise in 2017-2020. In 2020, there will be about 10 million electric vehicles worldwide.

3. The global charging pile population is expected to exceed 10 million by 2030. 

According to the latest report “Global EV Outlook 2021″ released by the INTERNATIONAL Energy Agency (IEA), the Global charging pile scale in 2025 and 2030 is forecast as follows: Based on the latest state Policies Scenario and Sustainable Development Scenario of various countries, by 2025, The global charging pile is estimated to reach 45,80/65 million, among which the global private charging pile is estimated to reach 39.70/56.7 million, and the global public charging pile is estimated to reach 6.10/8.3 million. 

By 2030, the global charging pile is expected to reach 12090/215.2 million, among which the global private charging pile is expected to reach 1047/189.9 million, and the global public charging pile is expected to reach 16.20/25.3 million.

JIUYUAN supplies structural components for charging pile, such as output insulator/busbar/DC-DC module water block etc. 

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