Global Electric Vehicle Charging Infrastructure Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Electric Vehicle Charging Infrastructure Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Charger Type (Slow Charger, and Fast Charger), Connector Type (CHAdeMO, CCS, and Others), Level of Charging (Level 1, Level 2, and Level 3), Connectivity (Non-connected charging stations, and Connected charging stations), Application (Commercial (Destination Charging Stations, Highway Charging Stations, Bus Charging Stations, Fleet Charging Stations, and Other Charging Stations), and Residential (Private Houses, and Apartments)), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Electric Vehicle Charging Infrastructure Market was valued at USD 25,898.8 million in 2023 and is expected to reach USD 159,378.4 million by 2031 while growing at a CAGR of 25.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global electric vehicle charging infrastructure market growth. The Electric Vehicle (EV) Charging Infrastructure encompasses charging stations and associated components aimed at meeting the charging requirements of electric vehicles. With the increasing adoption of electric vehicles, a robust and easily accessible charging infrastructure becomes essential for the widespread acceptance and seamless integration of electric mobility into daily transportation.
Increasing environmental concerns and emission reduction goals, coupled with growing electric vehicle adoption, drive the growth of the electric vehicle (EV) charging infrastructure market. However, obstacles such as high initial infrastructure costs and uncertain return on investment (ROI) may hinder market expansion.
Furthermore, the global electric vehicle charging infrastructure industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Charger Type Analysis
The Global Electric Vehicle Charging Infrastructure Market is segmented among Slow Charger, and Fast Charger, based on Charger Type. In 2023, Fast Charger accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Connector Type Analysis
The Global Electric Vehicle Charging Infrastructure Market is segmented among CHAdeMO, CCS, and Others, based on Connector Type. In 2023, Others accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Electric Vehicle Charging Infrastructure Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AeroVironment Inc., ABB Ltd., BP Chargemaster, ChargePoint, Inc., ClipperCreek, Eaton Corporation plc, GENERAL ELECTRIC Company, Leviton Manufacturing Co., Inc., SemaConnect, Inc., Schneider Electric, Siemens, Tesla, Inc., and Webasto.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Electric Vehicle Charging Infrastructure Market Dynamics
Drivers
Restraints
Opportunity
4. Global Electric Vehicle Charging Infrastructure Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Charger Type
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Charger Type
Global Electric Vehicle Charging Infrastructure Market Growth Analysis, By Charger Type
Global Electric Vehicle Charging Infrastructure Market Trends, By Charger Type
o Slow Charger
o Fast Charger
6. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Connector Type
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Connector Type
Global Electric Vehicle Charging Infrastructure Market Growth Analysis, By Connector Type
Global Electric Vehicle Charging Infrastructure Market Trends, By Connector Type
o CHAdeMO
o CCS
o Others
7. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Level of Charging
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Level of Charging
Global Electric Vehicle Charging Infrastructure Market Growth Analysis, By Level of Charging
Global Electric Vehicle Charging Infrastructure Market Trends, By Level of Charging
o Level 1
o Level 2
o Level 3
8. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Connectivity
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Connectivity
Global Electric Vehicle Charging Infrastructure Market Growth Analysis, By Connectivity
Global Electric Vehicle Charging Infrastructure Market Trends, By Connectivity
o Non-connected charging stations
o Connected charging stations
9. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Application
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Application
Global Electric Vehicle Charging Infrastructure Market Growth Analysis, By Application
Global Electric Vehicle Charging Infrastructure Market Trends, By Application
o Commercial
Ø Destination Charging Stations
Ø Highway Charging Stations
Ø Bus Charging Stations
Ø Fleet Charging Stations
Ø Other Charging Stations
o Residential
Ø Private Houses
Ø Apartments
10. Global Electric Vehicle Charging Infrastructure Market Segmentation, By Region
Global Electric Vehicle Charging Infrastructure Market Share Analysis, By Region
Global Electric Ve ~`ahicle Charging Infrastructure Market Growth Analysis, By Region
Global Electric Vehicle Charging Infrastructure Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
11. Competitive Landscape
AeroVironment Inc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
ABB Ltd.
BP Chargemaster
ChargePoint, Inc.
ClipperCreek
Eaton Corporation plc
GENERAL ELECTRIC Company
Leviton Manufacturing Co., Inc.
SemaConnect, Inc.
Schneider Electric
Siemens
Tesla, Inc.
Webasto.
*Similar analysis will be provided for each company listed above.