24/7 Customer Support

Electric Vehicle Charging Station Market – Industry Dynamics, Market Size, and Opportunity Forecast to 2050

Global Electric Vehicle Charging Station Market – (By Connector Protocol – CHAdeMO, CCS, and Others; By Charger Type – Slow Charging and Fast Charging; By Charging Method – AC Charging and DC Charging; By Charging Station Type – Public, Semi-Public, and Private; By Application – Commercial and Residential; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2050

  • Published On: 06-May-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0421078
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Electric Vehicle Charging Station Market

View Full Infographic

REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 29,258.1 Mn
Expected Revenue in 2050US$ 3,32,83,793.2 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2050
UnitValue (USD Mn)
CAGR29%
Segments coveredBy Charger Type, Connector Protocol, Charging Method, Charging Station Type, Application, and Region
Key Companies                                    ABB Ltd., AeroVironment Inc., BYD Auto, Chargemaster PLC, ChargePoint, Inc., and other prominent players
Customization Scope Get your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Electric vehicles require compact EV charging solutions to ensure faster & on-demand charging and robust connectivity.

Global Electric Vehicle Charging Station Market was valued at US$ 29,258.1 Mn in 2021.

Global Electric Vehicle Charging Station Market is estimated to expand at a CAGR of 29% over the forecast period.

The market is majorly driven by factors such as growing concerns related to carbon emissions, increasing trend of electric vehicle adoption and government regulations and tax exemptions for promoting the use of EVs.

The high cost associated with setting up of EV infrastructure and the emergence of hydrogen cell vehicles is hindering the overall market growth. 

Increasing adoption of wireless charging is providing a lucrative opportunity for market growth.

DC charging method dominates the market in 2021.

Slow charging type holds the highest share in the Global Electric Vehicle Charging Station Market.

Private charging stations leads the electric vehicle charging station market in 2021.

Residential application dominates the market in 2021. 

Asia Pacific is the highest shareholder region in the Global Electric Vehicle Charging Station Market. 

The key players in the Global Electric Vehicle Charging Station Market are ABB Ltd., BP Chargemaster Ltd., ChargePoint, Inc, and Shell plc, among others.