Reports
Reports
Sale
The United States electric vehicle charging systems and equipment market size was approximately USD 1.55 billion in 2023. The market is assessed to grow at a CAGR of 32.10% between 2024 and 2032, reaching a value of USD 20.87 billion by 2032.
Electric vehicle sales account for 8% of the total car sales in the United States . This is primarily driven by an increase in consumer interest in electric mobility, favourable government policies, and increasing environmental consciousness. The demand for EVs is heavily influenced by the need to reduce carbon emissions and achieve net-zero emissions. In 2022, the sales of EVs increased by 65% in the US.
The United States electric vehicle charging systems and equipment market growth can be attributed to the increasing uptake of EVs and a subsequent rise in demand for charging infrastructure and equipment. In order to accommodate the growing EV demands, it is necessary for governments to improve EV charging infrastructure.
With around 14,040 public charging stations and more than 37,000 ports, California accounts for a significant share in the US market. The California Energy Commission is expected to invest USD 30 million to incentivise the establishment of charging stations across eastern California, the Central Coast, and the Central Valley. Texas, Florida, and Massachusetts are among the emerging markets for EV charging systems and equipment.
As per the United States electric vehicle charging systems and equipment market analysis, most Americans use chargers at home or at the workplace to power their electric vehicles. Workplace charging is free for most, and by programming their charging points effectively, they can minimise electricity consumption and lower costs.
United States Electric Vehicle Charging Systems and Equipment Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Equipment Type
Market Breakup by Vehicle Type
Market Breakup by Application Type
Market Breakup by Region
The market players are increasingly focusing on collaborating with public and private organisations to create a robust charging infrastructure across the country.
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:
|
Breakup by Equipment Type |
|
Breakup by Vehicle Type |
|
Breakup by Application Type |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Electric Vehicle Charging Systems and Equipment Market Overview
8.1 Key Industry Highlights
8.2 North America Electric Vehicle Charging Systems and Equipment Historical Market (2018-2023)
8.3 North America Electric Vehicle Charging Systems and Equipment Market Forecast (2024-2032)
8.4 North America Electric Vehicle Charging Systems and Equipment Market Share by Country
8.4.1 United States
8.4.2 Canada
9 United States Electric Vehicle Charging Systems and Equipment Market Overview
9.1 Key Industry Highlights
9.2 United States Electric Vehicle Charging Systems and Equipment Historical Market (2018-2023)
9.3 United States Electric Vehicle Charging Systems and Equipment Market Forecast (2024-2032)
10 United States Electric Vehicle Charging Systems and Equipment Market by Equipment Type
10.1 Pillar/Charging Station/Dock
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Inverter
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Charger
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 United States Electric Vehicle Charging Systems and Equipment Market by Vehicle Type
11.1 Passenger Cars
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial Vehicle
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Electric Vehicle Charging Systems and Equipment Market by Application Type
12.1 Public
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Private
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Electric Vehicle Charging Systems and Equipment Market by Region
13.1 New England
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mideast
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Great Lakes
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Plains
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Southeast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Southwest
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Rocky Mountain
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Far West
13.8.1 Historical Trend (2018-2023)
13.8.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 ABB Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Siemens AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Schneider Electric SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Tesla Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 ChargePoint Holdings Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 EVBox B.V.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Blink Charging Co.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Webasto Group
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 EvoCharge Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Leviton Manufacturing Company, Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Electric Vehicle Charging Systems and Equipment Market: Key Industry Highlights, 2018 and 2032
2. United States Electric Vehicle Charging Systems and Equipment Market: Key Industry Highlights, 2018 and 2032
3. United States Electric Vehicle Charging Systems and Equipment Historical Market: Breakup by Equipment Type (USD Billion), 2018-2023
4. United States Electric Vehicle Charging Systems and Equipment Market Forecast: Breakup by Equipment Type (USD Billion), 2024-2032
5. United States Electric Vehicle Charging Systems and Equipment Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
6. United States Electric Vehicle Charging Systems and Equipment Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
7. United States Electric Vehicle Charging Systems and Equipment Historical Market: Breakup by Application Type (USD Billion), 2018-2023
8. United States Electric Vehicle Charging Systems and Equipment Market Forecast: Breakup by Application Type (USD Billion), 2024-2032
9. United States Electric Vehicle Charging Systems and Equipment Historical Market: Breakup by Region (USD Billion), 2018-2023
10. United States Electric Vehicle Charging Systems and Equipment Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. United States Electric Vehicle Charging Systems and Equipment Market Structure
In 2023, the market reached an approximate value of 1.55 billion.
The market is estimated to grow at a CAGR of 32.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 20.87 billion by 2032.
The market is driven by the growing interest of consumers in electric vehicles and favourable government policies.
The key trends aiding the market expansion include increased government investments, innovations in electric vehicle charging systems, and the need to address the rising demand for robust charging infrastructure due to growing EV adoption.
The key markets according to the report are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The major vehicle types according to the report are passenger vehicles and commercial vehicles.
The major players in the market are ABB Ltd., Siemens AG, Schneider Electric SE, Tesla Inc., ChargePoint Holdings Inc., EVBox B.V., Blink Charging Co., Webasto Group, EvoCharge Inc., and Leviton Manufacturing Company, Inc., among others.
Mini Report
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.