Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Electric Mobility Chargers Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Electric Mobility Chargers Market Grow Between 2024 and 2025?
The market size of electric mobility chargers has seen substantial growth in recent times. It is projected to increase from $14.33 billion in 2024 to $18.13 billion in 2025 with a compound annual growth rate (CAGR) of 26.5%.
How Much Will the Electric Mobility Chargers Market Be Worth in 2029?
The Electric Mobility Chargers Global Market is expected to reach a market size of $47.53 billion in 2029, growing at a compound annual growth rate (CAGR) of 27.2%.
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Which Electric Mobility Chargers Market Drivers Are Linked to Revenue Growth?
The key drivers in the electric mobility chargers market are:
• Escalating need for the construction of charging infrastructure
• Adoption of energy-efficient vehicles
• Rising global warming and demand for environmentally friendly transportation options
• Increasing urbanization and advancement of electric mobility networks
Which Segments Are Expected to Grow in the Electric Mobility Chargers Market?
The electric mobility chargers market covered in this report is segmented –
1) By Product: Electric Bikes, Electric Scooters, Electric Motorized Scooters, Electric Motorcycles
2) By Drive: Belt Drive, Chain Drive, Hub Drive
3) By Battery: Lead Acid Battery, Li-Ion Battery, Other Battery
4) By End-User: Commercial, Residential, Industrial
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What Are The Key Trends Impacting Growth In The Global Electric Mobility Chargers Market?
The key trends in the electric mobility chargers market are:
• The development of electric vehicle supply equipment (EVSE) is a key emerging trend.
• The integration of advanced technologies is shaping the future of the market.
• Improvement of charging technologies and product innovations are notable trends.
• The advancement of electric mobility networks is also a significant emerging trend.
Who Are the Key Competitors in the Global Electric Mobility Chargers Market?
Major players in the electric mobility chargers market are:
• Siemens AG
• Schneider Electric SE
• ABB Ltd.
• Fortum Corporation
• Bharat Electronics Limited
• Leviton Manufacturing Company Inc.
• Exide Industries
• Luminous Power Technologies
• Karma Automotive LLC
• Wallbox
• EVBox BV
• Tritium Ltd.
• Exicom Tele-Systems Ltd.
• ChargePoint Holdings Inc.
• Blink Charging Ltd.
• Volta Inc.
• Servotech Power Systems Ltd.
• Electrify America LLC
• Tirex Chargers Pvt Ltd.
• Meras Plugins Pvt Ltd.
• AARGO Inc.
• Fermata Energy LLC
Where Is the Electric Mobility Chargers Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the electric mobility chargers market in 2024
