Global Electric Vehicle Charging Station Infrastructure Growth Opportunities and Outlook, 2024
CPOs to Focus on Investments, Mergers, and Acquisitions
In 2023, there were about 750,000 charge points across Europe, of which 84.4% were AC charging points and 15.5% were DC charging points. The Type 2 connector type dominated the European EV infrastructure sector, accounting for almost 75%. CCS2 was widely adopted for DC charging points in Europe. Unlike North America, Europe is not dominated by a single charge point operator. Shell Recharge was the leader with an AC share of 5.3%, and Tesla was the DC leader with a 12.6% share. North America had about 250,000 charging points, of which 77.3% of charging points are AC chargers and 22.7% are DC chargers. Tesla adopters dominate the DC infrastructure market in North America. Charge point accounted for 44.1% of the AC charging infrastructure and Tesla had 43.4% market share in DC charging. In 2023, APAC (Australia, New Zealand, Thailand, and Singapore) had about 23,000 charge points, of which AC chargers constituted 66% and the rest 34% of chargers were DC points. Type 2 connectors account for almost 83.71% of AC charging. Tesla leads the AC charging infrastructure in APAC and EA anywhere is the DC leader. In 2024, the European EV charging infrastructure sector will surpass 1 million charging points, while North American EV charging points will reach the 360,000 mark. The CCS2 connector type and destination chargers will see the highest growth in Europe. New technology adoption will be significant in the coming years.
Analysis Highlights
Europe-Highlights of 2023 and 2024e
North America-Highlights of 2023 and 2024e
Asia-Pacific (excluding China)-Highlights of 2023
Market Evolution
EV Charging Trends in Europe and North America
EV Charging in APAC
EV Charging Point Installations (AC Charging)
EV Charging Point Installations (DC Charging)
EV Charging Point Installations (AC,DC Charging)
EV Charging Point Use Case, AC Charging
EV Charging Point Use Case, DC Charging
EV Charging Point Use Case, AC & DC Charging
EV Charging Infrastructure Development
Public EV Charging Infrastructure Europe, NA, &APAC
EV Hardware Standards and Future Landscape
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 88
The Impact of the Top 3 Strategic Imperatives on EV Charging Infrastructure Industry
Growth Opportunities Fuel the Growth Pipeline EngineTM