How Big is the Electric Vehicle Charging Infrastructure Market?

The Global Electric Vehicle Charging Infrastructure Market size is valued at USD 20.22 billion in 2023 & is estimated to grow at a CAGR of around 18.12% during the forecast period, i.e., 2024-30. The Global Electric Vehicle Charging Infrastructure market is witnessing significant growth due to factors such as the increasing transition towards sustainable & eco-friendly vehicles and the rising implementation of government policies to build charging stations.

Market Statistics

  • Market Size By 2030: USD 20.22 billion
  • Market Growth Rate (CAGR): 18.12% from 2024-2030

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/ev-charging-infrastructure-market.html

Electric Vehicle Charging Infrastructure Market Insight:

Driver-

Increasing Sales of Electric Vehicles to Support Market Growth – Countries like China, The US, and Germany are recording an increase in the sales of EVs. Based on the study conducted by the IEA, the sales of electric vehicles reached almost 14 million units in 2023 and the European countries, the US, and China accounted for almost 95% of the total EV sales. This burgeoning demand for electric automobiles is resulting in a higher demand for the proper charging infrastructure. As a result, companies are increasingly building EV charging stations in these regions.

Additionally, consumers in several regions are refraining from opting the EVs due to their limited range of issues. According to an online report by the leading car company, almost 40% of consumers worldwide experience range anxiety. Therefore, to eradicate these issues and boost electric vehicle sales, companies are increasingly building the largest EV stations, amplifying the Electric Vehicle Charging market.

Furthermore, as advanced technology is penetrating and propelling EV sales, technologically advanced charging infrastructures are also gaining traction. EV charging companies are integrating emerging technologies to provide consumers with options to discover local charging stations and receive real-time information on vacant slots. This convenience of schedule provided by the advanced EV charging stations would scale up the EV charging industry and drive the Global EV Charging Infrastructure Market.

 Electric Vehicle Charging Infrastructure Market Segmentation:

The report has segmented the market into the following categories:

By Charger Type

  • Wall Mounted- Market Size & Forecast 2019-2030, (USD Million)
  • Pedestal Mounted- Market Size & Forecast 2019-2030, (USD Million)
  • Roof Mounted- Market Size & Forecast 2019-2030, (USD Million)

By Vehicle Type

  • Passenger Cars- Market Size & Forecast 2019-2030, (USD Million)
  • Light Commercial Vehicles- Market Size & Forecast 2019-2030, (USD Million)
  • Medium & Heavy Commercial Vehicles- Market Size & Forecast 2019-2030, (USD Million)

By Location

  • Residential- Market Size & Forecast 2019-2030, (USD Million)
  • Commercial- Market Size & Forecast 2019-2030, (USD Million)

By Power Output

  • Upto 50kW- Market Size & Forecast 2019-2030, (USD Million)
  • 1kW-300kW- Market Size & Forecast 2019-2030, (USD Million)
  • Above 300kW- Market Size & Forecast 2019-2030, (USD Million)

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/ev-charging-infrastructure-market.html

Competitive Landscape:

  • ABB
  • BYD
  • Eaton
  • EVBOX
  • EVgo
  • General Electric
  • Pod Point
  • Schneider Electric
  • Siemens
  • Tesla
  •  

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

Key Highlights of the Report:

  • Market Performance (2024-2030)
  • Strategic Recommendations
  • Current, Historical and Future Market Trends
  • Market Drivers and Leading Competitor
  • SWOT Analysis
  • Structure of the Market
  • Comprehensive Mapping and Recent Advancement

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Contact Us –

Call +1 628 895 8081, +91 120 4278433

Email: sales@marknteladvisors.com