What is the global market size of Electric Vehicle Charging Infrastructure Market?

Electric Vehicle Charging Infrastructure Market size was valued at USD 31.39 billion in 2021 and is poised to grow from USD 39.44 billion in 2022 to USD 121.09 billion by 2030, growing at a CAGR of 25.5% in the forecast period (2023-2030).

Global Electric Vehicle Charging Infrastructure Market Size, Share, Growth Analysis, By Charger Type(Slow Charger, and Fast Charger.), By Charging Mode(Plug-In, and Wireless.), By Connector Type(Supercharger, SAE Combo Charging System), By Vehicle Type(Two-Wheeler, Passenger Car), By Application(Commercial, and Residential.) - Industry Forecast 2024-2031

Report ID: SQMIG25C2045 | Region: Global | Published Date: February, 2024
Pages: 243 | Tables: 142 | Figures: 78

Global Electric Vehicle Charging Infrastructure Market Insights

Electric Vehicle Charging Infrastructure Market size was valued at USD 31.39 billion in 2019 and is poised to grow from USD 39.44 billion in 2023 to USD 121.09 billion by 2031, growing at a CAGR of 25.5% in the forecast period (2024-2031).

Electric vehicles, neighbourhood EVs, and plug-in hybrids can all be charged using an electric vehicle charging station. While some charging stations are more complex than others, some offer cutting-edge technologies like smart metres, cell phone connectivity, and network access.

The electric vehicle (EV) market is growing rapidly all around the world, but especially in China and the US. The EV charging market is a dynamic one with many different applications. The growth of automobile charging stations is greatly influenced by government initiatives in many different nations. For an instance, China's central government has sanctioned the creation of fast-charging stations through national policies. Similar to China, the US government plays a crucial role in developing EV charging stations by setting mandatory criteria and allocating cash. The consumers are forced to rely solely on the charging options accessible at their homes and places of employment because there are still not enough commercial charging stations in several nations and areas.

Additionally, the market growth would be helped by the growing advancement in communication technologies, such as real-time data on all-electric car charging stations for smart connection. However, the load curve and the rising number of transformer levels.

US Electric Vehicle Charging Infrastructure Market is poised to grow at a sustainable CAGR for the next forecast year.

Global Electric Vehicle Charging Infrastructure Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

The competitive landscape for the market for electric vehicle charging stations provides information by competitor. Included information includes a business overview, financials, revenue generated, market potential, investments in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launches, product breadth and depth, and application dominance. Only the companies' market focus on electric vehicle charging stations is covered by the data points mentioned above. 'ChargePoint', 'Tesla', 'EVBox', 'ABB', 'Enel X', 'Schneider Electric', 'Efacec', 'Webasto', 'Siemens', 'Blink Charging', 'E.ON', 'Delta Electronics', 'Tritium', 'NewMotion', 'ClipperCreek', 'Allego', 'SemaConnect', 'JuiceBox', 'Greenlots', 'Chargefox'

Rise in the sales of electric vehicle globally

The automotive industry then can survive with electric vehicles. They might contribute to greater energy efficiency and lower emissions of greenhouse gases and pollutants. The main drivers of this increase are escalating environmental issues and beneficial government initiatives. Governments all around the world have launched a number of programmes and initiatives to entice consumers to select electric vehicles over conventional automobiles. One such plan is the California ZEV programme, which seeks to have 1.5 million electric cars on the road by 2025. Some of the nation’s providing various incentives for consumers wishing to buy an electric vehicle include India, China, the United States, the Netherlands, South Korea, France, and Norway.

North America and Europe are expected to experience the fastest growth rates during the predicted timeframe. There will probably be a significant rise in the number of DC charging stations constructed in the US during the next few years. It is anticipated that there will be more home charging facilities for electric vehicles in Germany and the United States.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Global Electric Vehicle Charging Infrastructure Market Insights

Global Electric Vehicle Charging Infrastructure Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Electric Vehicle Charging Infrastructure Market?

Who are the key vendors in the Global Electric Vehicle Charging Infrastructure Market?

What is the key driver of Global Electric Vehicle Charging Infrastructure Market?

What is the key market trend for Global Electric Vehicle Charging Infrastructure Market?

Which region accounted for the largest share in Global Electric Vehicle Charging Infrastructure Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300