Automotive

Electric Vehicle Charging Infrastructure Market Size to Hit USD 115.47 Billion by 2027

The global electric vehicle charging infrastructure market size was valued at USD 14.90 billion in 2020 and is estimated to reach USD 115.47 billion by 2027, growing at a CAGR of 34.49% between 2021 and 2027.

Electric Vehicle Charging Infrastructure Market (By Charger Type: Slow Charger, Fast Charger; By Connector: CHAdeMO, Combined Charging System (CCS), Others; By Application: Commercial, Residential) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2027

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Growth Factors

The electric vehicle charging infrastructure market growth driven by an increase in the number of public and private sector efforts aimed at encouraging people to switch to electric vehicles. As a result, the need for electric vehicles charging infrastructure is likely to rise significantly. The demand for electric vehicles has risen in accordance with the growing awareness of environmental sustainability and strict emission restrictions imposed by numerous governments. While private firms focus on manufacturing novel electric vehicle chargers and building charging stations, governments are continuously striving with these companies to provide electric vehicle charging infrastructure. All these factors are boosting the demand for charging infrastructure in the market.

Increased demand for fuel-efficient and environmentally friendly vehicles, combined with government support, will drive the electric vehicle charging infrastructure market forward. Consumers in developing countries are already feeling the pinch of rising fuel prices. Electric vehicles will be powered by electricity, which is expected to lower their operating costs. To drive the growth of the electric vehicle charging infrastructure market, the government’s continued support, as well as the growing number of electric vehicle users and the lower initial cost of current electric vehicles charging technology, will be required, as will high R&D to further reduce charging time.

Report Coverage

Report Scope Details
Market Size USD 115.47 billion by 2027
Growth Rate CAGR of 34.49% From 2021 to 2027
Base Year 2021
Forecast Period 2021 to 2027
Segments Covered Charger Type, Connector, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key Players

  • AeroVironment, Inc.
  • ABB
  • BP Chargemaster
  • ChargePoint, Inc.
  • ClipperCreek, Inc.
  • Eaton Corp.
  • General Electric Company
  • Leviton Manufacturing Co., Inc.
  • SemaConnect, Inc.
  • Schneider Electric
  • Siemens AG
  • Tesla, Inc.
  • Webasto SE

Market Segmentation

  • Charger Type Outlook
    • Slow Charger
    • Fast Charger
  • Connector Outlook
    • CHAdeMO
    • Combined Charging System (CCS)
    • Others
  • Application Outlook
    • Commercial
    • Residential
  • Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • The Netherlands
      • U.K.
      • France
      • Norway
      • Germany
    • Asia Pacific
      • China
      • Japan
      • South Korea

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Electric Vehicle Charging Infrastructure Market, By Charger

7.1. Electric Vehicle Charging Infrastructure Market, by Charger Type, 2021-2027

7.1.1. Slow Charger

7.1.1.1. Market Revenue and Forecast (2017-2027)

7.1.2. Fast Charger

7.1.2.1. Market Revenue and Forecast (2017-2027)

Chapter 8. Global Electric Vehicle Charging Infrastructure Market, By Application

8.1. Electric Vehicle Charging Infrastructure Market, by Application, 2021-2027

8.1.1. Commercial

8.1.1.1. Market Revenue and Forecast (2017-2027)

8.1.2. Residential

8.1.2.1. Market Revenue and Forecast (2017-2027)

Chapter 9. Global Electric Vehicle Charging Infrastructure Market, By Connector 

9.1. Electric Vehicle Charging Infrastructure Market, by Connector, 2021-2027

9.1.1. CHAdeMO

9.1.1.1. Market Revenue and Forecast (2017-2027)

9.1.2. Combined Charging System (CCS)

9.1.2.1. Market Revenue and Forecast (2017-2027)

9.1.3. Others

9.1.3.1. Market Revenue and Forecast (2017-2027)

Chapter 10. Global Electric Vehicle Charging Infrastructure Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Charger (2017-2027)

10.1.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.3. Market Revenue and Forecast, by Connector (2017-2027)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.1.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.1.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.1.5.3. Market Revenue and Forecast, by Connector (2017-2027)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Charger (2017-2027)

10.2.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.3. Market Revenue and Forecast, by Connector (2017-2027)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.2.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.2.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.5.3. Market Revenue and Forecast, by Connector (2017-2027)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Charger (2017-2027)

10.2.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.6.3. Market Revenue and Forecast, by Connector (2017-2027)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Charger (2017-2027)

10.2.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.2.7.3. Market Revenue and Forecast, by Connector (2017-2027)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Charger (2017-2027)

10.3.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.3. Market Revenue and Forecast, by Connector (2017-2027)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.3.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.3.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.5.3. Market Revenue and Forecast, by Connector (2017-2027)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Charger (2017-2027)

10.3.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.6.3. Market Revenue and Forecast, by Connector (2017-2027)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Charger (2017-2027)

10.3.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.3.7.3. Market Revenue and Forecast, by Connector (2017-2027)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.4.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.4.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.5.3. Market Revenue and Forecast, by Connector (2017-2027)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Charger (2017-2027)

10.4.6.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.6.3. Market Revenue and Forecast, by Connector (2017-2027)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Charger (2017-2027)

10.4.7.2. Market Revenue and Forecast, by Application (2017-2027)

10.4.7.3. Market Revenue and Forecast, by Connector (2017-2027)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.3. Market Revenue and Forecast, by Connector (2017-2027)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Charger (2017-2027)

10.5.4.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.4.3. Market Revenue and Forecast, by Connector (2017-2027)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Charger (2017-2027)

10.5.5.2. Market Revenue and Forecast, by Application (2017-2027)

10.5.5.3. Market Revenue and Forecast, by Connector (2017-2027)

Chapter 11. Company Profiles

11.1. AeroVironment, Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. ABB

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. BP Chargemaster

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. ChargePoint, Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. ClipperCreek, Inc.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Eaton Corp.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. General Electric Company

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Leviton Manufacturing Co., Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. SemaConnect, Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Schneider Electric

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

11.11. Siemens AG

11.11.1. Company Overview

11.11.2. Product Offerings

11.11.3. Financial Performance

11.11.4. Recent Initiatives

11.12. Tesla, Inc.

11.12.1. Company Overview

11.12.2. Product Offerings

11.12.3. Financial Performance

11.12.4. Recent Initiatives

11.13. Webasto SE

11.13.1. Company Overview

11.13.2. Product Offerings

11.13.3. Financial Performance

11.13.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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