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Electric Vehicle Charging Station Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global electric vehicle charging station market size reached US$ 9.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.3 Billion by 2028, exhibiting a growth rate (CAGR) of 36.1% during 2023-2028.

An electric vehicle (EV) charging station supplies power to electric vehicles (EVs). It comprises an energy controller, facility meter, power grid, charger, lithium-ion batteries, network operating center, and software platform. It allows charging of varying levels that differ according to the types of connectors, battery size, charging speed, and installation cost. Besides this, it provides accurate readings of vehicle emission levels and aids in reducing overall maintenance costs. As a result, the EV charging station is widely installed across government facilities and public places like retail shopping centers and parking areas.

 

 
 

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Electric Vehicle Charging Station Market Trends:

At present, increasing sales of passenger and commercial vehicles across the globe on account of the growing population represents one of the key factors positively influencing the market. In addition, the rising awareness among individuals about the adverse impacts of harmful emissions from vehicles with gasoline engines is contributing to the market growth. Furthermore, governments of various countries are undertaking initiatives for developing standards, which include minimizing pollution by promoting the use of EVs, and continuous investment in building EV charging stations. This, coupled with the rising focus of leading players towards the development of charging stations across geographically extended locations, is creating a positive outlook for the market. Moreover, the integration of the internet of things (IoT) and real-time information solutions into electric vehicle charging stations are strengthening the market growth. These technologies provide real-time data about the availability of vacant spots and assist drivers in locating nearby charging stations.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global electric vehicle charging station market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on charging station type, vehicle type, installation type, charging level, connector type and application.

Breakup by Charging Station Type:

 

 
 

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  • AC Charging
  • DC Charging
  • Inductive Charging
     

AC charging stations represent the largest market segment on account of their ease of installation and lower operational and maintenance costs.

Breakup by Vehicle Type:

  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Hybrid Electric Vehicle (HEV)
     

Battery electric vehicles (BEVs) account for the majority of the market share as they are not equipped with gasoline engines and operate only on stored electricity.

Breakup by Installation Type:

  • Portable Charger
  • Fixed Charger
     

Fixed chargers are mostly installed at EV charging stations as they are highly reliable and provide maximum battery life.

Breakup by Charging Level:

  • Level 1
  • Level 2
  • Level 3
     

Level 2 charging stations hold the majority of the market share as they are equipped with a specialized cord that makes them compatible with EVs.

Breakup by Connector Type:

  • Combines Charging Station (CCS)
  • CHAdeMO
  • Normal Charging
  • Tesla Supercharger
  • Type-2 (IEC 621196)
  • Others
     

CHAdeMO currently dominates the market due to its convenient handling and compatibility with a majority of EVs.

Breakup by Application:

  • Residential
  • Commercial
     

The commercial sector accounts for the majority of the market share due to continuous financing by governments of various countries to develop public charging stations at commercial complexes.

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

The Asia Pacific exhibits a clear dominance in the market due to the increasing sales of EVs in the region to minimize the harmful emissions from conventional vehicles.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited and Tesla Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Charging Station Type, Vehicle Type, Installation Type, Charging Level, Connector Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited and Tesla Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Electric Vehicle Charging Station Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Charging Station Type
    6.1    AC Charging
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    DC Charging
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Inductive Charging
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Vehicle Type
    7.1    Battery Electric Vehicle (BEV)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Plug-in Hybrid Electric Vehicle (PHEV)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Hybrid Electric Vehicle (HEV)
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Installation Type
    8.1    Portable Charger
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fixed Charger
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Charging Level
    9.1    Level 1
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Level 2
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Level 3
        9.3.1 Market Trends
        9.3.2 Market Forecast
10  Market Breakup by Connector Type
    10.1    Combines Charging Station (CCS)
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    CHAdeMO
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Normal Charging
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Tesla Supercharger
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Type-2 (IEC 621196)
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Forecast
11  Market Breakup by Application
    11.1    Residential
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Commercial
        11.2.1 Market Trends
        11.2.2 Market Forecast
12  Market Breakup by Region
    12.1    North America
        12.1.1 United States
           12.1.1.1 Market Trends
           12.1.1.2 Market Forecast
        12.1.2 Canada
           12.1.2.1 Market Trends
           12.1.2.2 Market Forecast
    12.2    Asia-Pacific
        12.2.1 China
           12.2.1.1 Market Trends
           12.2.1.2 Market Forecast
        12.2.2 Japan
           12.2.2.1 Market Trends
           12.2.2.2 Market Forecast
        12.2.3 India
           12.2.3.1 Market Trends
           12.2.3.2 Market Forecast
        12.2.4 South Korea
           12.2.4.1 Market Trends
           12.2.4.2 Market Forecast
        12.2.5 Australia
           12.2.5.1 Market Trends
           12.2.5.2 Market Forecast
        12.2.6 Indonesia
           12.2.6.1 Market Trends
           12.2.6.2 Market Forecast
        12.2.7 Others
           12.2.7.1 Market Trends
           12.2.7.2 Market Forecast
    12.3    Europe
        12.3.1 Germany
           12.3.1.1 Market Trends
           12.3.1.2 Market Forecast
        12.3.2 France
           12.3.2.1 Market Trends
           12.3.2.2 Market Forecast
        12.3.3 United Kingdom
           12.3.3.1 Market Trends
           12.3.3.2 Market Forecast
        12.3.4 Italy
           12.3.4.1 Market Trends
           12.3.4.2 Market Forecast
        12.3.5 Spain
           12.3.5.1 Market Trends
           12.3.5.2 Market Forecast
        12.3.6 Russia
           12.3.6.1 Market Trends
           12.3.6.2 Market Forecast
        12.3.7 Others
           12.3.7.1 Market Trends
           12.3.7.2 Market Forecast
    12.4    Latin America
        12.4.1 Brazil
           12.4.1.1 Market Trends
           12.4.1.2 Market Forecast
        12.4.2 Mexico
           12.4.2.1 Market Trends
           12.4.2.2 Market Forecast
        12.4.3 Others
           12.4.3.1 Market Trends
           12.4.3.2 Market Forecast
    12.5    Middle East and Africa
        12.5.1 Market Trends
        12.5.2 Market Breakup by Country
        12.5.3 Market Forecast
13  SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14  Value Chain Analysis
15  Porters Five Forces Analysis

    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16  Price Analysis
17  Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players
        17.3.1    ABB Ltd.
           17.3.1.1 Company Overview
           17.3.1.2 Product Portfolio
           17.3.1.3 Financials
           17.3.1.4 SWOT Analysis
        17.3.2    Blink Charging Co.
           17.3.2.1 Company Overview
           17.3.2.2 Product Portfolio
           17.3.2.3 Financials
        17.3.3    BP plc
           17.3.3.1 Company Overview
           17.3.3.2 Product Portfolio
           17.3.3.3 Financials
           17.3.3.4 SWOT Analysis
        17.3.4    ChargePoint Inc.
           17.3.4.1 Company Overview
           17.3.4.2 Product Portfolio
        17.3.5    Daimler AG
           17.3.5.1 Company Overview
           17.3.5.2 Product Portfolio
           17.3.5.3 Financials
           17.3.5.4 SWOT Analysis
        17.3.6    Eaton Corporation PLC
           17.3.6.1 Company Overview
           17.3.6.2 Product Portfolio
           17.3.6.3 Financials
           17.3.6.4 SWOT Analysis
        17.3.7    EFACEC Power Solutions SGPS S.A.
           17.3.7.1 Company Overview
           17.3.7.2 Product Portfolio
        17.3.8    Engie SA
           17.3.8.1 Company Overview
           17.3.8.2 Product Portfolio
           17.3.8.3 Financials
           17.3.8.4 SWOT Analysis
        17.3.9    EVgo Services LLC (LS Power Development LLC)
           17.3.9.1 Company Overview
           17.3.9.2 Product Portfolio
        17.3.10    Renault Group
           17.3.10.1 Company Overview
           17.3.10.2 Product Portfolio
           17.3.10.3 Financials
           17.3.10.4 SWOT Analysis
        17.3.11    Schneider Electric SE
           17.3.11.1 Company Overview
           17.3.11.2 Product Portfolio
           17.3.11.3 Financials
           17.3.11.4 SWOT Analysis
        17.3.12    SemaConnect
           17.3.12.1 Company Overview
           17.3.12.2 Product Portfolio
        17.3.13    Siemens AG
           17.3.13.1 Company Overview
           17.3.13.2 Product Portfolio
           17.3.13.3 Financials
           17.3.13.4 SWOT Analysis
        17.3.14    Tata Power Company Limited
           17.3.14.1 Company Overview
           17.3.14.2 Product Portfolio
           17.3.14.3 Financials
           17.3.14.4 SWOT Analysis
        17.3.15    Tesla Inc.
           17.3.15.1 Company Overview
           17.3.15.2 Product Portfolio
           17.3.15.3 Financials
           17.3.15.4 SWOT Analysis

List of Figures

Figure 1: Global: Electric Vehicle Charging Station Market: Major Drivers and Challenges
Figure 2: Global: Electric Vehicle Charging Station Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Electric Vehicle Charging Station Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Electric Vehicle Charging Station Market: Breakup by Charging Station Type (in %), 2022
Figure 5: Global: Electric Vehicle Charging Station Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Electric Vehicle Charging Station Market: Breakup by Installation Type (in %), 2022
Figure 7: Global: Electric Vehicle Charging Station Market: Breakup by Charging Level (in %), 2022
Figure 8: Global: Electric Vehicle Charging Station Market: Breakup by Connector Type (in %), 2022
Figure 9: Global: Electric Vehicle Charging Station Market: Breakup by Application (in %), 2022
Figure 10: Global: Electric Vehicle Charging Station Market: Breakup by Region (in %), 2022
Figure 11: Global: Electric Vehicle Charging Station (AC Charging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Electric Vehicle Charging Station (AC Charging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Electric Vehicle Charging Station (DC Charging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Electric Vehicle Charging Station (DC Charging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Electric Vehicle Charging Station (Inductive Charging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Electric Vehicle Charging Station (Inductive Charging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Electric Vehicle Charging Station (Battery Electric Vehicle (BEV)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Electric Vehicle Charging Station (Battery Electric Vehicle (BEV)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Electric Vehicle Charging Station (Plug-in Hybrid Electric Vehicle (PHEV)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Electric Vehicle Charging Station (Plug-in Hybrid Electric Vehicle (PHEV)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Electric Vehicle Charging Station (Hybrid Electric Vehicle (HEV)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Electric Vehicle Charging Station (Hybrid Electric Vehicle (HEV)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Electric Vehicle Charging Station (Portable Charger) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Electric Vehicle Charging Station (Portable Charger) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Electric Vehicle Charging Station (Fixed Charger) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Electric Vehicle Charging Station (Fixed Charger) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Electric Vehicle Charging Station (Level 1) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Electric Vehicle Charging Station (Level 1) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Electric Vehicle Charging Station (Level 2) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Electric Vehicle Charging Station (Level 2) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Electric Vehicle Charging Station (Level 3) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Electric Vehicle Charging Station (Level 3) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Electric Vehicle Charging Station (Combines Charging Station (CCS)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Electric Vehicle Charging Station (Combines Charging Station (CCS)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Electric Vehicle Charging Station (CHAdeMO) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Electric Vehicle Charging Station (CHAdeMO) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Electric Vehicle Charging Station (Normal Charging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Electric Vehicle Charging Station (Normal Charging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Electric Vehicle Charging Station (Tesla Supercharger) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Electric Vehicle Charging Station (Tesla Supercharger) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Electric Vehicle Charging Station (Type-2 (IEC 621196)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Electric Vehicle Charging Station (Type-2 (IEC 621196)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Electric Vehicle Charging Station (Other Connector Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Electric Vehicle Charging Station (Other Connector Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Electric Vehicle Charging Station (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Electric Vehicle Charging Station (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Electric Vehicle Charging Station (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Electric Vehicle Charging Station (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: North America: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: North America: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United States: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United States: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Canada: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Canada: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Asia-Pacific: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Asia-Pacific: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: China: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: China: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Japan: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Japan: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: India: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: India: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: South Korea: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: South Korea: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Australia: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Australia: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Indonesia: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Indonesia: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Europe: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Europe: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Germany: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Germany: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: France: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: France: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: United Kingdom: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: United Kingdom: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Italy: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Italy: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Spain: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Spain: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Russia: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Russia: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Others: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Others: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Latin America: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Latin America: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Brazil: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Brazil: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Mexico: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Mexico: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Others: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Others: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Middle East and Africa: Electric Vehicle Charging Station Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Middle East and Africa: Electric Vehicle Charging Station Market: Breakup by Country (in %), 2022
Figure 97: Middle East and Africa: Electric Vehicle Charging Station Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 98: Global: Electric Vehicle Charging Station Industry: SWOT Analysis
Figure 99: Global: Electric Vehicle Charging Station Industry: Value Chain Analysis
Figure 100: Global: Electric Vehicle Charging Station Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Electric Vehicle Charging Station Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Charging Station Type (in Million US$), 2023-2028
Table 3: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Installation Type (in Million US$), 2023-2028
Table 5: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Charging Level (in Million US$), 2023-2028
Table 6: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Connector Type (in Million US$), 2023-2028
Table 7: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 8: Global: Electric Vehicle Charging Station Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 9: Global: Electric Vehicle Charging Station Market: Competitive Structure
Table 10: Global: Electric Vehicle Charging Station Market: Key Players


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Key Questions Answered in This Report

The global electric vehicle charging station market was valued at US$ 9.3 Billion in 2022.

We expect the global electric vehicle charging station market to exhibit a CAGR of 36.1% during 2023-2028.

The rising integration of EV charging stations with the Internet of Things (IoT) systems to provide real-time information regarding the availability of vacant spots is primarily driving the global electric vehicle charging station market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in the installation activities for electric vehicle charging stations.

Based on the charging station type, the global electric vehicle charging station market has been bifurcated into AC charging, DC charging, and inductive charging. Among these, AC charging stations currently hold the largest market share.

Based on the vehicle type, the global electric vehicle charging station market can be segregated into Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), and Hybrid Electric Vehicle (HEV). Currently, Battery Electric Vehicle (BEV) accounts for the majority of the global market share.

Based on the installation type, the global electric vehicle charging station market has been divided into portable charger and fixed charger, where fixed charger currently exhibits a clear dominance in the market.

Based on the charging level, the global electric vehicle charging station market can be categorized into level 1, level 2, and level 3. Currently, level 2 charging stations account for the majority of the total market share.

Based on the connector type, the global electric vehicle charging station market has been segmented into Combines Charging Station (CCS), CHAdeMO, normal charging, tesla supercharger, Type-2 (IEC 621196), and others. Among these, CHAdeMO holds the largest market share.

Based on the application, the global electric vehicle charging station market can be bifurcated into residential and commercial. Currently, the commercial sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global electric vehicle charging station market include ABB Ltd., Blink Charging Co., BP plc, ChargePoint Inc., Daimler AG, Eaton Corporation PLC, EFACEC Power Solutions SGPS S.A., Engie SA, EVgo Services LLC (LS Power Development LLC), Renault Group, Schneider Electric SE, SemaConnect, Siemens AG, Tata Power Company Limited, and Tesla Inc.

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