Press release
Leading Element Driving Change in the Electric Vehicle Charging Infrastructure Market in 2025: Electric Vehicle Sales Surge Propels Electric Vehicle Charging Infrastructure Market Driver
Electric Vehicle Charging Infrastructure Market
The electric vehicle charging infrastructure market will grow from $31.74 billion in 2024 to $42.43 billion in 2025, at a CAGR of 33.7%. Growth is driven by environmental concerns, government incentives, reduced operating costs, energy independence, corporate initiatives, and public awareness.
The electric vehicle charging infrastructure market is expected to grow to $115.35 billion by 2029 at a CAGR of 28.4%, driven by the growing EV market, innovation in charging technology, and stakeholder collaborations. Key trends include fast-charging networks, renewable energy integration, and battery technology advancements.
What Are the Forces Behind the Rapid Growth of the Electric Vehicle Charging Infrastructure Market?
The increasing sales of electric vehicles are expected to propel the growth of the electric vehicle charging infrastructure market. As consumer demand for electric vehicles rises due to environmental concerns and improved technology, the need for convenient and efficient charging infrastructure grows. In July 2023, the IEA reported a significant increase in global electric vehicle sales, and projections suggest 14 million EVs will be sold by the end of 2023. This surge in EV sales is fueling the growth of charging infrastructure.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14344&type=smp
Who Are the Dominant Companies Influencing Electric Vehicle Charging Infrastructure Market Trends?
Major companies operating 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 Different Segmentations in the Electric Vehicle Charging Infrastructure Market?
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
Subsegments:
1) By Slow Charger: Level 1 Charger (120V AC), Level 2 Charger (240V AC) - Residential Applications
2) By Fast Charger: Level 2 Charger (240V AC) - Commercial Applications, DC Fast Charger (DCFC), Ultra-Fast Charger (350+ kW), Supercharger (Tesla-Specific Fast Charging)
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-charging-infrastructure-global-market-report
Which Region Is at the Forefront of the Electric Vehicle Charging Infrastructure Market?
Asia-Pacific was the largest region in the electric vehicle charging infrastructure market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle charging infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Electric Vehicle Charging Infrastructure Global Market Report?
- Market Size Analysis: Analyze the Electric Vehicle Charging Infrastructure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Vehicle Charging Infrastructure Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electric Vehicle Charging Infrastructure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Vehicle Charging Infrastructure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14344
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Leading Element Driving Change in the Electric Vehicle Charging Infrastructure Market in 2025: Electric Vehicle Sales Surge Propels Electric Vehicle Charging Infrastructure Market Driver here
News-ID: 3850737 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Charging
Is it better to choose AC charging piles or DC charging piles for home charging …
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 usually…
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 end…
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg …
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 to…
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
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 bus…
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
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 also…
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC …
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 2018…
