openPR Logo
Press release

Electric Vehicle Charging Station Market to Surge Projected Growth at a CAGR of 27.03% from USD 28.07 Bn in 2023 to USD 149.83 Bn by 2030

Electric Vehicle Charging Station Market

Electric Vehicle Charging Station Market

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global electric vehicle (EV) charging stations market is poised for significant growth, fueled by the increasing adoption of electric vehicles worldwide. The market was valued at USD 28.07 billion in 2023 and is projected to expand at a CAGR of 27.03 %, reaching USD 149.83 billion by 2030. Key drivers include technological advancements, supportive government policies, and a growing focus on renewable energy integration.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/6855/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's EV charging stations market is emerging as a hotspot, thanks to its proactive government initiatives and collaborations with private enterprises. The government's National Green Growth Strategy aims to reduce greenhouse gas emissions by promoting EVs. ๐•๐ข๐ง๐…๐š๐ฌ๐ญ, a leading Vietnamese automotive company, has announced partnerships to expand EV infrastructure, targeting urban areas and highways.

๐„๐• ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand is positioning itself as a regional hub for EV production and infrastructure development. The government's EV roadmap includes plans to install 12,000 charging stations by 2030. Companies like ๐๐“๐“ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐ are leading the charge by collaborating with global players to establish advanced charging networks. The trend toward fast-charging technology and renewable energy integration is evident in the region.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's mature automotive market is witnessing a surge in EV adoption, supported by an extensive charging network. The government's subsidies for EV infrastructure development have enabled companies like ๐๐ข๐ฌ๐ฌ๐š๐ง and ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข to expand their footprint. The installation of ultra-fast chargers is a growing trend, catering to urban and rural needs alike.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/6855/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China dominates the EV charging market, with over 50% of the world's charging stations located within its borders. Government subsidies and policies such as the New Energy Vehicle (NEV) mandate are driving growth. Key players like ๐๐˜๐ƒ, ๐’๐ญ๐š๐ญ๐ž ๐†๐ซ๐ข๐ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‚๐ก๐ข๐ง๐š, and ๐—๐๐ž๐ง๐  ๐Œ๐จ๐ญ๐จ๐ซ๐ฌ are investing heavily in smart charging technologies, including wireless and bidirectional charging systems.

๐„๐• ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's EV charging market is witnessing consolidation, with companies like ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ and ๐‹๐† ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง entering strategic partnerships. The government's goal to achieve carbon neutrality by 2050 has resulted in significant investment in public and private charging networks. Recent mergers highlight the industry's emphasis on innovation and scaling operations.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's compact geography and high EV adoption rate make it an ideal market for advanced charging infrastructure. The government's Green Plan 2030 includes the installation of 60,000 EV charging points by 2030. Companies like ๐’๐ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐’๐ก๐ž๐ฅ๐ฅ are introducing smart chargers with IoT integration to enhance user experience and energy efficiency.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/6855/

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States is experiencing rapid growth in EV charging infrastructure, driven by federal initiatives like the Bipartisan Infrastructure Law, which allocates $7.5 billion for EV infrastructure. Key players such as ๐“๐ž๐ฌ๐ฅ๐š, ๐‚๐ก๐š๐ซ๐ ๐ž๐๐จ๐ข๐ง๐ญ, and ๐๐ฅ๐ข๐ง๐ค ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  are expanding their networks, focusing on interoperability and renewable energy integration.

๐„๐• ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's stringent emission regulations and incentives for EV adoption are driving the expansion of charging infrastructure. Countries like Germany, France, and the UK are at the forefront, with companies like ๐ˆ๐จ๐ง๐ข๐ญ๐ฒ, ๐๐ ๐๐ฎ๐ฅ๐ฌ๐ž, and ๐€๐๐ investing in high-capacity chargers and grid modernization. The European Union's Fit for 55 program further accelerates market growth.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐š๐ง๐ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ

Vietnam: VinFast partnered with Petrolimex to install charging stations at fuel retail outlets.

Thailand: Energy Absolute announced a joint venture with a Japanese firm to deploy fast chargers.

Japan: Nissan launched a nationwide initiative to upgrade existing charging points.

China: XPeng Motors unveiled a 480kW ultra-fast charger capable of recharging EVs in 5 minutes.

South Korea: Hyundai Motor Company acquired a stake in a charging solutions provider.

Singapore: Shell announced the launch of its first EV-only service station with fast charging facilities.

United States: Tesla opened its Supercharger network to non-Tesla EVs, enhancing accessibility.

Europe: Ionity secured funding to expand its pan-European network of high-speed chargers.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-electric-vehicle-charging-stations-market/6855/

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐“๐ฒ๐ฉ๐ž

AC Charging Station
DC Charging Station
Inductive Charging Station

๐›๐ฒ ๐ฅ๐ž๐ฏ๐ž๐ฅ ๐จ๐Ÿ ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐ 

Level 1
Level 2
Level 3

๐›๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž

BEV
PHEV
HEV

๐›๐ฒ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐ก๐š๐ฌ๐ž

Single Phase
Three Phase

๐›๐ฒ ๐ˆ๐ง๐ฌ๐ญ๐š๐ฅ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐“๐ฒ๐ฉ๐ž

Fixed
Portable

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Public
Private

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง ๐‹๐ž๐š๐๐ข๐ง๐  ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. EV Charge Solutions (US)
2. Blink Charging (US)
3. Tesla, Inc. (US)
4. General Electric Company (US)
5. Leviton Manufacturing Co., Inc. (US)
6. SemaConnect (US)
7. ChargePoint, Inc. (US)
8. Enphase Energy. (US)
9. EVgo (US)

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

10. Connected Kerb Limited (UK)
11. bp pulse (UK)
12. ABB Ltd.(Switzerland)
13. Siemens AG (Germany)
14. Webasto Group (Germany)
15. Engie (France)
16. Schneider Electric SE (France)
17. CIRCUTOR, SA (Spain)
18. Telwin SpA (Italy)
19. Alfen N.V. (Netherlands)
20. Heliox Energy (Netherlands)
21. Allego B.V. (Netherlands)
22. Eaton Corporation plc (Ireland)

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐’๐ญ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ

23. Bell Hub Pty Ltd. (Australia)
24. Chargefox Pty Ltd (Australia)
25. BRIGHTBLU (India)
26. Prodrive Technologies (Japan)
27. Delta Electronics (Taiwan)

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Perfume Market https://www.maximizemarketresearch.com/market-report/perfume-market/146403/

โ™ฆ Pickleball Market https://www.maximizemarketresearch.com/market-report/pickleball-market/214433/

โ™ฆ Pla Cup Market https://www.maximizemarketresearch.com/market-report/pla-cup-market/146528/

โ™ฆ Pocket Knives Market https://www.maximizemarketresearch.com/market-report/pocket-knives-market/195629/

โ™ฆ Portable Solar Charger Market https://www.maximizemarketresearch.com/market-report/portable-solar-charger-market/65877/

โ™ฆ Premium Bottled Water Market https://www.maximizemarketresearch.com/market-report/premium-bottled-water-market/189209/

โ™ฆ Pressure Cooker Market https://www.maximizemarketresearch.com/market-report/pressure-cooker-market/127202/

โ™ฆ Recliner Sofa Market https://www.maximizemarketresearch.com/market-report/recliner-sofa-market/186984/

โ™ฆ Running Shoes Market https://www.maximizemarketresearch.com/market-report/running-shoes-market/193998/

โ™ฆ Scent Beads Market https://www.maximizemarketresearch.com/market-report/scent-beads-market/217581/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electric Vehicle Charging Station Market to Surge Projected Growth at a CAGR of 27.03% from USD 28.07 Bn in 2023 to USD 149.83 Bn by 2030 here

News-ID: 3825096 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Lab Grown Diamonds Market to Reach USD 57.95 Billion by 2032, Growing at 9.4% CAGR
Lab Grown Diamonds Market to Reach USD 57.95 Billion by 2032, Growing at 9.4% CA โ€ฆ
According to a new report by Maximize Market Research, the global Lab Grown Diamonds Market was valued at USD 28.24 Billion in 2024 and is projected to reach USD 57.95 Billion by 2032, growing at a CAGR of 9.4%. The market expansion is fueled by increasing consumer preference for sustainable, affordable alternatives to natural diamonds and technological innovations in manufacturing. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/193972/ โ™ฆ Key HighlightsaMarket Size: Market Size:โ€ฆ
Water Quality Sensor Market to Reach USD 11.29 Billion by 2032, Growing at a 4% CAGR
Water Quality Sensor Market to Reach USD 11.29 Billion by 2032, Growing at a 4% โ€ฆ
According to a new report by Maximize Market Research, the global Water Quality Sensor Market was valued at USD 6.1 Billion in 2024 and is projected to reach USD 11.29 Billion by 2032, growing at a CAGR of 4% during 2025-2032. The market growth is driven by the increasing adoption of smart water monitoring systems, stringent environmental regulations, and demand for real-time water quality assessment across industrial, residential, and governmentalโ€ฆ
E-House Market to Reach USD 3.05 Billion by 2032, Growing at a CAGR of 7.03% | E-House Market Forecast
E-House Market to Reach USD 3.05 Billion by 2032, Growing at a CAGR of 7.03% | E โ€ฆ
According to a new report by Maximize Market Research, the global E-House Market was valued at USD 1.77 Billion in 2024 and is projected to reach USD 3.05 Billion by 2032, growing at a CAGR of 7.03%. The market growth is driven by the increasing adoption of pre-assembled, modular electrical houses across industrial, renewable energy, and utility sectors worldwide. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/28068/ โ™ฆ Key HighlightsaMarket Size: Market Size: USDโ€ฆ
Global Wind Turbine Inspection Services Market to Reach USD 86.22 Billion by 2032, Growing at 11.7% CAGR
Global Wind Turbine Inspection Services Market to Reach USD 86.22 Billion by 203 โ€ฆ
According to a new report by Maximize Market Research, the global Wind Turbine Inspection Services Market was valued at USD 35.58 billion in 2024 and is projected to reach USD 86.22 billion by 2032, growing at a CAGR of 11.7%. The market growth is fueled by increasing wind power capacity installations worldwide and the adoption of advanced inspection technologies, including drones, AI, and robotics. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/77606/ โ™ฆโ€ฆ

All 5 Releases


More Releases for Charging

Is it better to choose AC charging piles or DC charging piles for home charging โ€ฆ
Choosing between AC and DC charging piles for home charging piles requires comprehensive consideration of charging needs, installation conditions, cost budgets and usage scenarios and other factors. Here's a breakdown: Image: https://www.beihaipower.com/uploads/4c61b8bc1.jpg 1. Charging speed * AC charging piles: The power is usually between 3.5kW and 22kW, and the charging speed is relatively slow, suitable for long-term parking and charging, such as night charging. * DC charging piles: The power is usuallyโ€ฆ
800V system challenge: charging pile for charging system
800V Charging pile "Charging Basics" This article mainly talks about some preliminary requirements for 800V charging piles [https://www.beihaipower.com/products/], first let's take a look at the principle of charging: When the charging tip is connected to the vehicle end, the charging pile will provide (1) low-voltage auxiliary DC power to the vehicle end to activate the built-in BMS (battery management system) of the electric vehicle After activation, (2) connect the car endโ€ฆ
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg โ€ฆ
A dynamic charging system is a technology that allows electric vehicles to charge while in motion. This system typically involves embedding charging infrastructure into the road surface, which enables the vehicle to charge its battery as it travels along the road. This can potentially extend the range and operational capabilities of electric vehicles, as they can receive continuous power while on the move. Dynamic charging systems have the potential toโ€ฆ
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a โ€ฆ
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric busโ€ฆ
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging โ€ฆ
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are alsoโ€ฆ
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC โ€ฆ
Global Electric Vehicle Charging Equipment market research report provides company profile for Fortum, Fuji Electric, Leviton, Shell, Qualcomm, Bosch, Schneider Electric, Siemens, ABB, AeroVironment, Chargemaster, ClipperCreek, DBT-CEV, Engie and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018โ€ฆ