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According to our (Global Info Research) latest study, the global Electric Vehicle Charger market size was valued at USD 5667.7 million in 2023 and is forecast to a readjusted size of USD 26590 million by 2030 with a CAGR of 24.7% during review period.
An electric vehicle charger, also called EV charging station, electric recharging point, charging point, charge point, ECS (electronic charging station), and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of plug-in electric vehiclesincluding electric cars, neighborhood electric vehicles and plug-in hybrids.
For charging at home or work, some EVs have onboard converters that can plug into a standard electrical outlet or a high-capacity appliance outlet. Others either require or can use a charging station that provides electrical conversion, monitoring, or safety functionality. These stations are also needed when traveling, and many support faster charging at higher voltages and currents than are available from residential EVSEs. Public charging stations are typically on-street facilities provided by electric utility companies or located at retail shopping centers, restaurants and parking places, operated by a range of private companies.
Global 5 largest manufacturers of Electric Vehicle Charger are BYD, ABB, TELD, Chargepoint and Star Charge, which make up about 52%. Among them, BYD is the leader with about 22% market share.
Asia Pacific is the largest market, with a share about 58%, followed by Europe and North America, with share about 24% and 18%. In terms of product type, DC Charging Pile occupy the largest share of the total market, about 55%. And in terms of product application, the largest application is Public Charging, followed by Residential Charging.
The Global Info Research report includes an overview of the development of the Electric Vehicle Charger industry chain, the market status of Residential Charging (AC Charging Pile, DC Charging Pile), Public Charging (AC Charging Pile, DC Charging Pile), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Vehicle Charger.
Regionally, the report analyzes the Electric Vehicle Charger markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Vehicle Charger market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Vehicle Charger market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Vehicle Charger industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., AC Charging Pile, DC Charging Pile).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Vehicle Charger market.
Regional Analysis: The report involves examining the Electric Vehicle Charger market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Vehicle Charger market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Vehicle Charger:
Company Analysis: Report covers individual Electric Vehicle Charger manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Vehicle Charger This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential Charging, Public Charging).
Technology Analysis: Report covers specific technologies relevant to Electric Vehicle Charger. It assesses the current state, advancements, and potential future developments in Electric Vehicle Charger areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Vehicle Charger market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Vehicle Charger market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- AC Charging Pile
- DC Charging Pile
Market segment by Application
- Residential Charging
- Public Charging
Major players covered
- BYD
- ABB
- TELD
- Chargepoint
- Star Charge
- Wallbox
- EVBox
- Webasto
- Xuji Group
- SK Signet
- Pod Point
- Leviton
- CirControl
- Daeyoung Chaevi
- EVSIS
- IES Synergy
- Siemens
- Clipper Creek
- Auto Electric Power Plant
- DBT-CEV
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle Charger product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle Charger, with price, sales, revenue and global market share of Electric Vehicle Charger from 2019 to 2024.
Chapter 3, the Electric Vehicle Charger competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle Charger breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Vehicle Charger market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Charger.
Chapter 14 and 15, to describe Electric Vehicle Charger sales channel, distributors, customers, research findings and conclusion.