UK Electric Vehicle Charging Market Size to Worth USD 13,150.80 Million by ​2033 | With a 31.60% CAGR

UK Electric Vehicle Charging Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Government incentives and increasing EV adoption are primary drivers for the UK Electric Vehicle Charging Market. According to the latest report by IMARC Group, The UK electric vehicle charging market size reached USD 842.80 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 13,150.80 Million by ​2033​, exhibiting a growth rate (CAGR) of 31.60% during 2025-2033.

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UK Electric Vehicle Charging Industry Trends and Drivers:

The UK electric vehicle (EV) charging market is experiencing rapid growth, driven by increasing EV adoption and supportive government policies. In 2024, over 20,000 new charging points were installed, bringing the total to 79,654 by April 2025, a 38% year-on-year increase. Ultra-rapid chargers (150kW+) surged by 84%, with over 7,000 now available, catering to drivers needing quick top-ups on long journeys. Greater London leads with 22,211 charging points, but regional disparities persist, with Northern Ireland and the North East lagging. The government's Local Electric Vehicle Infrastructure (LEVI) fund is addressing this by boosting on-street charging for those without private parking. The Zero Emission Vehicle (ZEV) mandate, requiring 28% of new car sales to be electric in 2025, is pushing manufacturers to incentivize EV purchases, further fueling demand for charging infrastructure. This dynamic growth reflects a shift toward a cleaner, more sustainable transport future, with the market projected to reach USD 4.986 billion by 2030, growing at a CAGR of 30.7%.

Technological advancements and consumer behavior are shaping the UK EV charging landscape. Smart charging solutions, integrated with IoT and AI, are optimizing load management and enabling off-peak charging, reducing grid strain and costs. The rise of vehicle-to-grid (V2G) technology allows EVs to supply energy back to the grid, enhancing efficiency. Public charging networks, led by Tesla (1,918 rapid/ultra-rapid points), InstaVolt (1,858), and bp pulse (1,472), account for significant market share, with six networks holding 50% of high-power chargers. Consumer preferences are shifting toward faster, more accessible charging, with 60% of monthly public charging sessions using rapid or ultra-rapid chargers. The government's Office for Zero Emission Vehicles (OZEV) supports this through subsidies for residential and commercial installations. As battery technology improves, with innovations like solid-state and sodium-ion batteries expected in 2025, EVs will become cheaper and more efficient, driving further infrastructure demand. These trends signal a robust, tech-driven market poised for continued expansion.

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UK Electric Vehicle Charging Industry Segmentation:

The report has segmented the market into the following categories:

Charging Type Insights:

●AC
●DC

Power Output Insights:

●Rapid Chargers
●Fast Chargers
●Slow Chargers

Location Insights:

●Street Parking
●Depot
●Highways
●Workplaces
●Retail Spaces
●Others

Phase Insights:

●Single Phase
●Three Phase

Regional Insights:

●London
●South East
●North West
●East of England
●South West
●Scotland
●West Midlands
●Yorkshire and The Humber
●East Midlands
●Others
●Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key highlights of the Report:

●Market Performance (2019-2024)
●Market Outlook (2025-2033)
●COVID-19 Impact on the Market
●Porter's Five Forces Analysis
●Strategic Recommendations
●Historical, Current and Future Market Trends
●Market Drivers and Success Factors
●SWOT Analysis
●Structure of the Market
●Value Chain Analysis
●Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=29511&flag=C

Contact Us:

IMARC Group

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Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.