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Electric Vehicle Charging Infrastructure Market to Surge: Projected Growth from USD 21.45 Billion in 2023 to USD 132.82 Billion by 2030 at 29.75% CAGR

01-21-2025 11:59 AM CET | Energy & Environment

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Electric Vehicle Charging Infrastructure Market

Electric Vehicle Charging Infrastructure 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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global electric vehicle charging infrastructure market is witnessing remarkable growth, driven by the rapid adoption of electric vehicles (EVs), government incentives, and advancements in charging technologies. Valued at USD 21.45 billion in 2023, the market is expected to grow at a CAGR of 29.75% during the forecast period, reaching USD 132.82 billion by 2030.

This press release delves into country-specific data, highlighting mergers and acquisitions, key developments, and market dynamics across Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.

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/14654/

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 market is rapidly expanding, driven by government policies aimed at reducing carbon emissions. Recent partnerships, such as ๐•๐ข๐ง๐…๐š๐ฌ๐ญ'๐ฌ collaboration with international charging network providers, have bolstered infrastructure development. The country has witnessed a CAGR of XX% in EV charging infrastructure over the past five years.

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 EV hub, with significant investments in charging infrastructure. 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 has spearheaded initiatives to establish high-speed charging stations nationwide. The Thai government's "30@30" initiative aims to achieve 30% EV production by 2030, accelerating infrastructure demand.

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ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's EV charging infrastructure market is thriving, with a CAGR of XX%. Companies like ๐“๐จ๐ฒ๐จ๐ญ๐š and ๐๐ข๐ฌ๐ฌ๐š๐ง are actively investing in expanding their charging networks. Government subsidies and private sector investments have led to the installation of over charging stations by 2024.

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/14654/

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China remains the largest EV market globally, supported by aggressive government policies and incentives. Key players, including ๐๐˜๐ƒ and 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
, are leading infrastructure developments. Recent mergers, such as ๐๐ข๐จ acquiring ๐—๐ฉ๐ž๐ง๐ '๐ฌ charging network assets, signify market consolidation.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is leveraging technology to enhance its EV infrastructure. Companies like ๐‡๐ฒ๐ฎ๐ง๐๐š๐ข ๐Œ๐จ๐ญ๐จ๐ซ ๐†๐ซ๐จ๐ฎ๐ฉ have introduced ultra-fast charging networks under the "E-Pit" initiative. The government's plans to install charging stations by 2030 highlight strong growth prospects.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's EV infrastructure market is seeing consolidation, with companies like ๐’๐ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐’๐ก๐ž๐ฅ๐ฅ ๐‘๐ž๐œ๐ก๐š๐ซ๐ ๐ž dominating. The government's Green Plan 2030 targets the deployment of charging points, fostering opportunities for new entrants.

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/14654/

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US market is witnessing unprecedented growth, driven by federal incentives under the Bipartisan Infrastructure Law. Companies like Tesla and ChargePoint are expanding their networks. Recent mergers, such as Electrify America's partnership with Ford, highlight industry consolidation.

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ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe is at the forefront of EV adoption, with countries like Germany, France, and the UK leading infrastructure development. Ionity, a consortium of major automakers, has expanded its ultra-fast charging network. The EU's "Fit for 55" initiative aims to install XX million charging stations by 2030.

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/electric-vehicle-charging-infrastructure-market/14654/

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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž 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ž๐ซ ๐“๐ฒ๐ฉ๐ž

Slow Charger
Fast Charger

๐›๐ฒ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐จ๐ซ ๐“๐ฒ๐ฉ๐ž

CHAdeMO
Combined Charging System (CCS)
Others

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

Commercial
Residential

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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž 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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

1. AeroVironment, Inc. - (United States)
2. ChargePoint, Inc. - (United States)
3. SemaConnect, Inc. - (United States)
4. ClipperCreek, Inc. - (United States)
5. Tesla Motors, Inc. - (United States)
6. General Electric Company - (United States)
7. Leviton Manufacturing Co., Inc. - (United States)
8. EVgo - (United States)
9. Blink Network - (United States)
10. Greenlots - (United States)

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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

1. ABB Group - (Switzerland)
2. Elektromotive Limited - (United Kingdom)
3. Schneider Electric SE - (France)
4. Chargemaster Plc - (United Kingdom)
5. Delphi Automotive LLP - (United Kingdom)
6. Eaton Corporation - (Ireland)
7. Siemens AG - (Germany)
8. Engie - (France)
9. Pod Point Ltd. - (United Kingdom)
10. NewMotion - (Netherlands)

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ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

1. BYD Company - (China)
2. Efacec Electric Mobility - (Portugal)
3. Delta Electronics, Inc. - (Taiwan)
4. TGOOD Global Ltd. - (China)

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.

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11-19-2018 | Advertising, Media Consulting, โ€ฆ
Research Report Insights
Internet of Things Market 2021 | Google Inc. (United States), Cisco Systems Inc. โ€ฆ
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices. In addition, Internet of Things also makes the life of consumers much more comfortable andโ€ฆ
11-13-2018 | Industry, Real Estate & Constr โ€ฆ
MRRSE
Logistics Market | Global Growing Industry Key Players - J.B. Hunt Transport Ser โ€ฆ
Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled โ€œLogistics Marketโ€. The study offers a clear insight about the prevailing trends and innovations happening in the Logistics Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during theโ€ฆ
09-07-2018 | Business, Economy, Finances, B โ€ฆ
Market Research Reports Search Engine - MRRSE
Global Logistics Market 2024 | Key Players : J.B. Hunt Transport Services (Unite โ€ฆ
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled โ€œLogistics Market โ€“ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 โ€“ 2024โ€ which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. Request for a sample of this research report @ https://www.mrrse.com/sample/2184 Logistics isโ€ฆ