Global Electric Vehicle Supply Equipment Market Growth 2025-2031

Global Electric Vehicle Supply Equipment Market Growth 2025-2031

The global Electric Vehicle Supply Equipment market size is predicted to grow from US$ 4522 million in 2025 to US$ 21800 million in 2031; it is expected to grow at a CAGR of 30.0% from 2025 to 2031.

An electric vehicle charging station, also called EV charging station, electric recharging point, charging point, charge point, ECS (electronic charging station), and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of plug-in electric vehicles—including electric cars, neighborhood electric vehicles and plug-in hybrids.

For charging at home or work, some EVs have onboard converters that can plug into a standard electrical outlet or a high-capacity appliance outlet. Others either require or can use a charging station that provides electrical conversion, monitoring, or safety functionality. These stations are also needed when traveling, and many support faster charging at higher voltages and currents than are available from residential EVSEs. Public charging stations are typically on-street facilities provided by electric utility companies or located at retail shopping centers, restaurants and parking places, operated by a range of private companies.

Growing sales of electric vehicles is the major factor driving electric vehicle charger market growth. Governments worldwide are pushing for adoption of electric vehicles and implementing indicatives aimed at generating awareness and offering incentives for electric vehicles to cut down automotive emissions.The global electric vehicle supply equipment market developed rapidly in the past five years, now United States, China and Western Europe are dominated the electric vehicle supply equipment market, especially in China, now has been the largest market of electric vehicle and electric vehicle supply equipment.In China, the market concentration is low, and fierce competition, the typical manufacturers are BYD, NARI, Xuji Group, Shinry, Tccharger, Auto Electric Power Plant, etc.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle Supply Equipment Industry Forecast” looks at past sales and reviews total world Electric Vehicle Supply Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Supply Equipment sales for 2025 through 2031. With Electric Vehicle Supply Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Supply Equipment industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle Supply Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Supply Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle Supply Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Supply Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Supply Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Supply Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
AC Charging
DC Charging

Segmentation by Application:
Residential Charging
Public Charging

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BYD
Shinry
Tccharger
Panasonic
Webasto
Toyota Industries
Nichicon
Leviton
IES Synergy
Auto Electric Power Plant
Pod Point
Clipper Creek
Xuji Group
Eaton
Schneider Electric
Siemens
DBT-CEV
ABB
Efacec
NARI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicle Supply Equipment market?

What factors are driving Electric Vehicle Supply Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicle Supply Equipment market opportunities vary by end market size?

How does Electric Vehicle Supply Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.