Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Electric Vehicle Charging Infrastructure Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Electric Vehicle Charging Infrastructure Market Growth?
The market size for the Electric Vehicle Charging Infrastructure Global Market Report 2025 has seen an exponential growth in recent years. The market, which was valued at $31.74 billion in 2024, is expected to reach $41.99 billion in 2025. This represents a compound annual growth rate (CAGR) of 32.3%.
What Is the Predicted Industry Size and CAGR of the Electric Vehicle Charging Infrastructure Market in 2029?
The Electric Vehicle Charging Infrastructure Global Market is forecasted to reach $112.34 billion in 2029, growing at a compound annual growth rate (CAGR) of 27.9%.
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Which Factors Are Driving Growth in the Electric Vehicle Charging Infrastructure Market?
The key drivers in the electric vehicle charging infrastructure market are:
• Expansion of fast charging networks
• Advancements in battery and charging technologies
• Collaboration among stakeholders in the industry
• Development and implementation of urban planning policies supporting electric vehicle use
Which Segment Trends Are Covered in the Electric Vehicle Charging Infrastructure Market Forecast?
The electric vehicle charging infrastructure market covered in this report is segmented –
1) By Charger Type: Slow Charger, Fast Charger
2) By Charging Type: Alternative Current Charging, Direct Current Charging
3) By Connector Type: CHAdeMO, Combined Charging System (CCS), Other Connector Types
4) By Charging Level: Level 1, Level 2, Level 3
5) By Application: Residential, Commercial, Other Applications
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What Are the Current Market Trends in the Electric Vehicle Charging Infrastructure Industry?
The key trends in the electric vehicle charging infrastructure market are:
• Expansion of fast-charging networks is an emerging trend in this market.
• There is a trend of integrating charging solutions with renewable energy sources.
• The focus on implementing smart charging solutions and technology is growing.
• The market is witnessing advancements in battery technology for urban and workplace charging applications.
Who are the Key Companies in the Electric Vehicle Charging Infrastructure Market?
Major players in the electric vehicle charging infrastructure market are:
• Shell plc
• PG and E Corp.
• Engie SA
• Pod Point Ltd.
• Tesla Motors Inc.
• Siemens AG
• General Electric Company
• BYD Company
• RWE AG
• Schneider Electric SE
• ABB Group
• Eaton Corporation
• Infineon Technologies AG
• Delta Electronics Inc.
• Delphi Automotive LLP
• TGOOD Global Ltd.
• Leviton Manufacturing Co. Inc.
• Alfen NV
• AeroVironment Inc.
• Phihong USA Corp.
• Efacec Electric Mobility
• LS Power Development LLC
• Polarium Energy Solutions AB
• ChargePoint Inc.
• Blink Charging
• EVgo
• SemaConnect Inc.
• BP Chargemaster Inc.
• ClipperCreek Inc.
• Greenlots
What are the Regional Trends Across the Electric Vehicle Charging Infrastructure Market?
Asia-Pacific was the largest region in the electric vehicle charging infrastructure market in 2024
