Add 2 More Reports For 20% off

Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Electric Vehicle Charging Station Market Outlook

The global electric vehicle charging station market size is assessed to grow in the forecast period of 2024-2032 at a CAGR of 30.20%. The market growth is being driven by increasing demand for electric vehicles and rising investments towards EV charging station infrastructure.

Global Electric Vehicle Charging Station Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion XX
Market Size 2032 USD Billion XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 30.2%
CAGR 2024-2032 - Market by Region Asia Pacific 34.8%
CAGR 2024-2032 - Market by Country India 38.9%
CAGR 2024-2032 - Market by Country China 33.3%
CAGR 2024-2032 - Market by Vehicle Type Passenger Cars 42.3%
CAGR 2024-2032 - Market by Application Public 36.2%
Market Share by Country 2023 Germany 4.6%

The increasing transition from traditional fuel-based vehicles to electric vehicles, owing to the rising petrol and diesel prices, enhanced performance, and eco-friendly features, among others, are driving the electric vehicle charging station market growth. With a rising number of electric vehicles in use and production, investments towards developing electric vehicle charging stations are escalating across emerging economies. Emergence of online modes of payment, supported by increasing penetration of smartphones, is further enhancing the comfort of using and operating electric vehicle charging stations. Over the forecast period, the anticipated increase in the number of electrified buses on roads catering to the public transportation needs, is likely to bolster the development of electric vehicle charging stations.

Global Electric Vehicle Charging Station Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

AC Charging Stations Hold a Significant Share in the Market for Electric Vehicle Charging Stations

AC charging stations are a lower costing option as compared to DC charging stations and provide insulation safety by maintain power transmission at consumable levels. In addition, AC charging stations ensure that there is no wastage of electricity by facilitating smooth flow of electricity. Some significant advantages of AC charging stations include less maintenance, ability to charge more number of vehicles, hence, more time saving. Therefore, the electric vehicle AC charging station market is anticipated to gain significant traction in the forecast period.

Global Electric Vehicle Charging Station Market Share by Region

The Asia Pacific accounts for a sizable share of the global market for electric vehicle charging stations, driven by the growing adoption of electric vehicles for commercial or personal use and increasing support of various governments to encourage the use of electric vehicles amidst growing pollution levels. The growing penetration of major EV manufacturers in emerging nations like China and India is further supporting the Asia Pacific electric vehicle charging station market. Moreover, increasing sales of passenger and commercial automobiles are also contributing to the market growth in the Asia Pacific.

CAGR 2024-2032 - Market by Country
India 38.9%
China 33.3%
UK 27.6%
USA 26.9%
Germany 24.9%
Canada XX%
France XX%
Italy XX%
Japan 20.8%
Australia XX%
Saudi Arabia XX%
Brazil XX%
Mexico XX%

Electric Vehicle Charging Station Market Segmentation

Electric vehicle charging stations, also known as electric vehicle supply equipment (EVSE), refers to a specific station or place where sources of electricity are provided to charge electric cars and plug-in hybrid vehicles. These stations include advanced electronic features such as smart meters, cellular capability, and network connectivity.

Global Electric Vehicle Charging Station Market by Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on vehicle type, the market is segmented into:

  • Passenger Cars
  • Commercial Vehicles

On the basis of charger type, the market is bifurcated into:

  • AC Charging Station
  • DC Charging Station

Based on application, the market is categorised into:

  • Public 
  • Private

The regional markets for electric vehicle charging stations include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Electric Vehicle Charging Station Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Electric Vehicle Charging Station Market Analysis

Growing demand for electrified vehicles owing to increasing disposable incomes, rapid urbanisation, growing technological advancements in the electrical and electronics industry, and the thriving transportation sector in emerging economies are contributing to the expansion of the market for electric vehicle charging stations. Increasing funding by various governments to accelerate the development of EV charging stations is expected to augment the market for electric vehicle charging stations in the forecast period. The market is further expected to be aided by the rising popularity of fast chargers. Furthermore, growing environmental consciousness is likely to boost the market growth in the forecast period.

Key Players in the Global Electric Vehicle Charging Station Market

The report gives a detailed analysis of the following key players in the global electric vehicle charging station market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ChargePoint, Inc. 
  • ABB Ltd.
  • Shell plc
  • Siemens AG
  • Schneider Electric SE
  • Tesla, Inc.
  • Eaton Corporation
  • Webasto Group
  • Cyber Switching Patents LLC
  • TGOOD Global Ltd.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vehicle Type
  • Charger Type
  • Application
  • Region
Breakup by Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
Breakup by Charger Type
  • AC Charging Station
  • DC Charging Station
Breakup by Application
  • Public 
  • Private
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ChargePoint, Inc. 
  • ABB Ltd.
  • Shell plc
  • Siemens AG
  • Schneider Electric SE
  • Tesla, Inc.
  • Eaton Corporation
  • Webasto Group
  • Cyber Switching Patents LLC
  • TGOOD Global Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The electric vehicle charging station market forecast indicates a promising growth rate at a CAGR of 30.20% between 2024 and 2032.

The major drivers of the market include the increasing demand for electric vehicles owing to the thriving transportation sector, favourable policies of various governments, rising investments towards EV charging station infrastructure.

The key electric vehicle charging station market trends include growing research and development activities to enhance the battery life of EVs, growing awareness about pollution, and improvements in road infrastructure.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant vehicle types in the market for electric vehicle charging stations are passenger cars and commercial vehicles.

the different charger types of electric vehicle charging stations in the market are AC charging station and DC charging station.

The primary applications of electric vehicle charging stations are public and private.

The major players in the market, according to the report, are ChargePoint, Inc., ABB Ltd., Shell plc, Siemens AG, Schneider Electric SE, Tesla, Inc., Eaton Corporation, Webasto Group, Cyber Switching Patents LLC, and TGOOD Global Ltd. among others.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124