Global Electric Vehicle (EV) Chargers Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Electric Vehicle (EV) Chargers market size was valued at USD 4715.2 million in 2023 and is forecast to a readjusted size of USD 15100 million by 2030 with a CAGR of 18.1% during review period.
Electric Vehicle Charger (EVC) is a device which converts the alternating current (AC) distributed by electric utilities to the direct current (DC) needed to recharge the battery of electric vehicle. There are a number of different types of battery chargers based on the way they control the charging rate and whether installed on the electric vehicles, such as on-board and off-board Electric Vehicle Charger (EVC). Generally, the former has a small power, while off-board is large and has power more than 30 KW.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
The Global Info Research report includes an overview of the development of the Electric Vehicle (EV) Chargers industry chain, the market status of Battery Electric Vehicles (BEV) (On-Board Chargers, Off-Board Chargers), Plug-In Electric Vehicles (PHEV) (On-Board Chargers, Off-Board Chargers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Vehicle (EV) Chargers.
Regionally, the report analyzes the Electric Vehicle (EV) Chargers markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Vehicle (EV) Chargers market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electric Vehicle (EV) Chargers market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Vehicle (EV) Chargers industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., On-Board Chargers, Off-Board Chargers).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Vehicle (EV) Chargers market.
Regional Analysis: The report involves examining the Electric Vehicle (EV) Chargers market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Vehicle (EV) Chargers market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electric Vehicle (EV) Chargers:
Company Analysis: Report covers individual Electric Vehicle (EV) Chargers manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Vehicle (EV) Chargers This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Battery Electric Vehicles (BEV), Plug-In Electric Vehicles (PHEV)).
Technology Analysis: Report covers specific technologies relevant to Electric Vehicle (EV) Chargers. It assesses the current state, advancements, and potential future developments in Electric Vehicle (EV) Chargers areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Vehicle (EV) Chargers market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electric Vehicle (EV) Chargers market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
On-Board Chargers
Off-Board Chargers
Market segment by Application
Battery Electric Vehicles (BEV)
Plug-In Electric Vehicles (PHEV)
Hybrid Electric Vehicles (HEV)
Major players covered
ABB Ltd
Robert Bosch GmbH
Siemens AG
Delphi Automotive
Chroma ATE
Aerovironment Inc
Silicon Laboratories
Chargemaster PLC
Schaffner Holdings AG
POD Point
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle (EV) Chargers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle (EV) Chargers, with price, sales, revenue and global market share of Electric Vehicle (EV) Chargers from 2019 to 2024.
Chapter 3, the Electric Vehicle (EV) Chargers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle (EV) Chargers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Vehicle (EV) Chargers market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle (EV) Chargers.
Chapter 14 and 15, to describe Electric Vehicle (EV) Chargers sales channel, distributors, customers, research findings and conclusion.