Press release
Strategic Forecast for the Electric Vehicle Charger Industry: Market Outlook 2025-2034
Electric Vehicle Charger Market Size
Electric Vehicle Charger Market Size Growth Forecast: What to Expect by 2025?
The market size for electric vehicle chargers has seen a significant surge in recent times. The market is projected to rise from a valuation of $11.79 billion in 2024 to a whopping $15.01 billion by 2025, indicating a compound annual growth rate (CAGR) of 27.3%. The driving factors for this increase during the historical period include the rise in electric vehicle (ev) procurement and sales, government encouragement and rules, environmental apprehensions and targets for lowering emissions, consumer thirst for easy-to-use charging, and investments in evs by the automobile sector.
How Will the Electric Vehicle Charger Market Size Evolve and Grow by 2029?
In the foroming years, the market size for electric vehicle chargers is anticipated to witness an exponential growth surge, swelling to $39.85 billion in 2029 with a compound annual growth rate (CAGR) of 27.7%. This projected growth during the forecast period can be accredited to factors such as the proliferation of EV charging networks, standardization of charging connectors, growth in the international market, increasing global EV adoption, along with a rise in public and private charging stations. Crucial trends expected to shape the market during this period include improvements in fast and ultra-fast charging solutions, advancements in wireless charging technologies, enhancements in EV battery technology, the integration of smart grids and demand response, not forgetting the advent of autonomous and self-parking charging stations.
View the full report here:
https://www.thebusinessresearchcompany.com/report/electric-vehicle-charger-global-market-report
What Drivers Are Propelling the Growth of Electric Vehicle Charger Market Forward?
The escalation in strict regulations enforced by governments with an aim to curb environmental pollution is playing a pivotal role in propelling the electric vehicle charger market growth. Several government bodies have mandated demanding regulations to lower dangerous vehicular emissions, thus mandating vehicle manufacturers to transition towards innovative technologies that can cut down vehicle emission rates. As an illustration, in April 2023, the US government under Biden-Harris Administration established a target for 50% of vehicles to be electric by 2030. Hence, the emergence of stringent regulatory measures by the governments is anticipated to fuel the expansion of the electric charger market in the foroming years.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5438&type=smp
Which Emerging Trends Are Transforming the Electric Vehicle Charger Market in 2025?
Leading firms in the electric vehicle charger market are prioritizing the development of cutting-edge technology solutions like the Fastest DC Charger to improve the electric vehicle charging procedure. The Fastest DC charger is a kind of electric vehicle charging station that uses direct current for high power delivery, expediting the charging process of electric vehicle batteries. For example, Exicom Tele-Systems Ltd., an Indian EV charging company, launched Harmony Gen 1.5 in May 2024. This is a high-performance DC fast charger specifically for electric vehicles, developed to meet the increasing need for efficient and user-friendly EV charging solutions amidst the rapidly growing electric vehicle market. Its design is modular, supporting power outputs ranging from 60 kW to 400 kW, making it suitable for a variety of vehicles while maintaining an efficiency rate of over 95%.
What Are the Key Segments in the Electric Vehicle Charger Market?
The electric vehicle charger market covered in this report is segmented -
1) By Vehicle Type: Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)
2) By Charging Type: On-Board Chargers, Off-Board Chargers
3) By End-User: Residential, Commercial
Subsegments:
1) By Battery Electric Vehicle (BEV): Residential Charging Stations, Public Fast Charging Stations, Ultra-Fast Charging Stations
2) By Plug-in Hybrid Electric Vehicle (PHEV): Level 1 Chargers, Level 2 Chargers, Fast Chargers
3) By Hybrid Electric Vehicle (HEV): Level 1 Chargers, Specialized Charging Stations for HEVs
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5438&type=smp
Who Are the Key Players Shaping the Electric Vehicle Charger Market's Competitive Landscape?
Major companies operating in the electric vehicle charger market include ABB Group, AeroVironment Inc., ChargePoint Inc., BP Chargemaster, Evatran Group Inc., Leviton Manufacturing Co. Inc., Webasto SE, Eaton Corporation plc, Schneider Electric SE, Siemens AG, Électricité de France S.A. (EDF), POD Point Ltd., IES Synergy, Efacec Power Solutions S.A., Hyundai Motor Company, Alfen N.V., Allego B.V., ClipperCreek Inc., Continental AG, Magna International Inc., SemaConnect Inc., TGOOD Global Ltd., ZF Friedrichshafen AG, Robert Bosch GmbH, Delta Electronics Inc., Cyber Switching Inc., Tesla Inc., EVgo Services LLC, Electrify America LLC, Blink Charging Co., Tritium Pty Ltd., Enel X, Wallbox Chargers S.L., EVBox Group, BorgWarner Inc.
What Geographic Markets Are Powering Growth in the Electric Vehicle Charger Market?
Asia-Pacific was the largest region in the electric vehicle charger market in 2024. The regions covered in the electric vehicle charger market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report :
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5438
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers 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 Strategic Forecast for the Electric Vehicle Charger Industry: Market Outlook 2025-2034 here
News-ID: 4077840 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Charger
CE-LINK Unveils PD Charger with Foldable Wireless Charger for Next-Gen Mobility
Image: https://www.abnewswire.com/upload/2025/11/5fc8d1cab4ba07814660a22c9104a231.jpg
CE-LINK, a global leader in consumer electronics manufacturing, proudly announces the launch of its latest innovation: the PD Charger with Foldable Wireless Charger. This compact, all-in-one power solution combines 20W wired fast charging and 15W wireless charging, offering unmatched flexibility and convenience for today's mobile lifestyle.
One Device, Dual Function
Designed to serve both as a high-speed wired charger and a Qi2-compatible wireless charger, this dual-purpose accessory simplifies charging for users…
CE-LINK Unveils PD Charger with Foldable Wireless Charger for Next-Gen Mobility
Dongguan, Guangdong, China, 11th Nov 2025 - CE-LINK, a global leader in consumer electronics manufacturing, proudly announces the launch of its latest innovation: the PD Charger with Foldable Wireless Charger. This compact, all-in-one power solution combines 20W wired fast charging and 15W wireless charging, offering unmatched flexibility and convenience for today's mobile lifestyle.
One Device, Dual Function
Designed to serve both as a high-speed wired charger and a Qi2-compatible wireless charger, this…
Power Pod Charger Review 2022:(Shocking info!) Is the Power Pod Charger Working?
Emergency chargers are occasionally needed in the daily lives of people who use their phones for business, entertainment, and other activities.
Various emergency chargers are available on the market right now. Along with the introduction of new phones, numerous different types of emergency chargers are now available.
Over the years, power banks have gained popularity as a backup charging solution.
Even if these emergency chargers are not reliable electricity consumers…
SpeedPro charger review : Is the SpeedPro charger worth the hype?
SpeedPro charger review : Is the SpeedPro charger worth the hype?
This SpeedPro review contains some of the things you should know before going to buy your smartphone charger.
Nowadays, phones, tablets and other devices have become indispensable parts of our daily lives. We either use them for our daily business, chatting with friends, or watching our favorite movies and sports. Most of these smartphones rarely last for…
Electric Bus Charger Infrastructure Market Forecast to 2028 - Covid-19 Impact an …
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…
Speedpro Charger Reviews 2021: (Unrevealed truth!) Speedpro Charger RangeXTD Qui …
Are you tired of having to wait for your phone to charge for hours? Isn’t it annoying when you’re bored out of your brains but you have absolutely no way to recharge your phone quickly? We’ve all been there and it’s safe to say, it’s horrible. Well, you don’t have to worry anymore because we’ve found the best solution to this problem which is Speedpro Charger.
Speedpro not only charges …
