Italy Electric Vehicle Charging Stations Market Size, Share, Opportunities, And Trends By Vehicle Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)), And By Application (Commercial, Residential), And By Charging Type (AC Charging (Level 1 And Level 2), DC Charging) - Forecasts From 2024 To 2029

Italy's electric vehicle charging stations market is estimated at US$137.170 million in 2024 and is anticipated to attain US$247.444 million by 2029, expanding at a CAGR of 12.52%.

An EV (electric vehicles) charging station is a hub or center that offers charging solutions to these vehicles. This links an EV to a power source, allowing electric vehicles, like passenger cars, two/three wheel EVs, fleets, and electric transport vehicles, to charge their batteries. The EV charging station market is expected to grow significantly in Italy, mainly with the increasing ownership of electric vehicles and the introduction of new policies and investment plants to boost the nation's EV infrastructure.

The increasing sale of electric vehicles in the Italian market is estimated to propel the nation’s electric vehicle charging station market forward. This is possible because, with the increase in the popularity and presence of electric vehicles across the nation, the demand for an optimum and easily accessible charging infrastructure will grow. Similarly, the Italian EV charging station market is also estimated to grow with the introduction of new and more favorable policies and projects by the country’s government for the development of the electric vehicle ecosystem in the nation.

Italy Electric Vehicle Charging Stations Market Drivers:

• Increasing Sales of Electric Vehicles in Italy

One of the major factors driving the Italian electric vehicle charging station market is the increase in sales of electric vehicles in the nation. The EV industry has witnessed significant growth in the nation, observing a growth of about 115.8% in its new registration in June 2024, compared to June 2023, as stated by the European Alternative Fuels Observatory of the European Commission. The organization stated that in June 2024, 13,285 new EVs were registered in the nation, which can majorly be credited to introducing the nation's new EcoBonus incentive.

The agency's report further stated that in the first half of 2024, the total registration of new electric vehicles in Italy was 34,709 units, which marked an increase of about 6.2% from the same period of 2023. The total number of EVs was recorded at 251,023 in Italy as of June 30, 2024. 

• Favourable policies toward EV infrastructure

The Italian Government has introduced multiple projects and policies to attract new investments and develop the existing electric vehicle ecosystem nationwide within the next few years. For instance, in January 2023, the Italian Ministry of the Environment and Energy Security (MASE) announced its new project, which targets installing about 21,000 new electric vehicle charging stations in Italy by 2026.

Similarly, the Revenue Agency of the Italian Government also introduced its SuperBonus 110%, a tax deduction scheme aimed at encouraging companies and businesses to invest in the nation's charging station infrastructure. These projects and policies are likely to offer massive growth opportunities for all companies operating in the market.

Italy Electric Vehicle Charging Stations Market Products Offered by Key Companies:

• S&h Srl is an Italian corporation that offers cutting-edge technologies for industrial electronics. The company's solutions include electric mobility, EX electronics, Biomedical, AI and machine vision, industrial automation, and power electronics. In the electric mobility category, the company offers RechargeAIR, E-Cube, Rotopark, XLC Pillar, and Wally Mini, among others.
• ChargePoint, founded in 2007, is among the biggest providers of electric vehicle charging solutions worldwide. The company offers a wide range of charging solutions aimed at companies, fleets, and individual drivers. It offers software, services, residential hardware, and charging stations in multiple countries.

Italy Electric Vehicle Charging Stations Market Key Developments:

• In May 2024, Atlante, a global leader in e-mobility and energy storage systems, announced that it aims to install fast and ultra-fast EV charging in the Torino Airport in Italy. The company will initially install about 19 charging points, with the option to expand. These charge points in the airport have a charging capacity ranging from 22kW to 200kW.
• In October 2023, IP, one of Italy's biggest private fuel and mobility companies, announced a 50-50 joint venture with Macquarie Capital, an Italy-based investor and advisor, to offer electrification service on urban and suburban roads. The JV targets installing fast and ultra-fast charging infrastructure in the service stations located on these urban and extra-urban roads.
• In August 2023, Free To X, an advanced mobility company in Italy that is part of the ASI Group, announced its plan to expand its high-power charging station network to Tuscany, Italy. The company stated that 6 service areas in the A1 Milano-Napoli and the A11 Firenze-Pisa Nord are active, contributing to a total of 36 charging points.

The Italian Electric Vehicle Charging Stations Market is segmented and analyzed as follows:

• By Vehicle type
  • Battery Electric Vehicle (BEVs)
  • Plug-in Hybrid Electric Vehicle (PHEV)
• By Application
  • Commercial
  • Residential
• By Charging type
  • AC Charging (Level 1 and Level 2)
  • DC Charging

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. ITALY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY VEHICLE TYPE 

5.1. Introduction

5.2. Battery Electric Vehicles (BEVs)

5.3. Plug-in Hybrid Electric Vehicle (PHEV)

6. ITALY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY APPLICATION

6.1. Introduction

6.2. Commercial

6.3. Residential

7. ITALY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY CHARGING TYPE

7.1. Introduction

7.2. AC Charging (Level 1 and Level 2)

7.3. DC Charging

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. S&h Srl

9.2. ChargePoint

9.3. Enel X

9.4. Be Charge

9.5. Allego

9.6. XCharge Europe

9.7. GIGIEFFE SRL

9.8. Scame Parre Spa

9.9. Tesla Inc.

9.10. FIMER S.p.A.

 S&h Srl 

ChargePoint 

Enel X 

Be Charge 

Allego 

XCharge Europe 

GIGIEFFE SRL 

Scame Parre Spa 

Tesla Inc. 

FIMER S.p.A.