Europe EV Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component, Mounting Type, Vehicle Type, End User, and Geography—Forecast to 2029

Europe EV Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component, Mounting Type, Vehicle Type, End User, and Geography—Forecast to 2029

European Electric Vehicle Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component, Mounting Type, Vehicle Type, End User, and Geography—Forecast to 2029

The research report titled, ‘European Electric Vehicle Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component, Mounting Type, Vehicle Type, End User, and Geography—Forecast to 2029”, published by Meticulous Research, provides an in-depth analysis of the European electric vehicle charging stations market and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2029. The European electric vehicle charging stations market is expected to reach $61.73 billion by 2029, at a CAGR of 34.7% during the forecast period, 2022–2029. By volume, this market is expected to reach 6,458.8 thousand units by 2029 at a CAGR of 37.8% during the forecast period.

The growth of this market is mainly driven by increasing government initiatives to drive the adoption of EVs and develop the associated infrastructure, the rising demand for EV fast-charging infrastructure, and the increasing prevalence of range anxiety among EV users. France, Germany, the Netherlands, Norway, and the U.K. are five front-runner countries in Europe in terms of EV adoption and the development of EV charging infrastructure.

The study offers a comprehensive analysis of the European electric vehicle charging stations market by charging type (Level 1, Level 2, DCFC), connection type (pantograph, connector, wireless), component (hardware, software, services), mounting type (wall, pedestal, ceiling), vehicle type (passenger cars, LCVs, two-wheelers & scooters, HCVs), end user (commercial EV charging stations, residential EV charging stations), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on charging type, the European electric vehicle charging stations market is mainly segmented into Level 2, Level 1, and DC fast charging. The DC fast charging segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to growing government initiatives for installing fast-charging stations, subsidies on the procurement and installation of DC fast-charging stations, increasing investments from automakers in the development of DC fast-charging station infrastructure to support their long-range battery-electric vehicles, and the ability of DC fast chargers to provide faster charging compared to Level 1 & Level 2 charging stations.

Based on connection type, the European electric vehicle charging stations market is segmented into pantograph, connector, and wireless EV charging. The wireless EV charging segment is expected to record the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to the rising demand for EV fast-charging infrastructure, increasing implementation of wireless charging infrastructure in Europe, and the increasing prevalence of range anxiety issues among EV users. The standardization of wireless EV charging systems and the growing use of autonomous vehicles for public transport and logistics are projected to create significant growth opportunities for the vendors operating in this market.

Based on component, the European electric vehicle charging stations market is segmented into hardware, software, and services. The software segment is expected to record the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing adoption of software to overcome challenges such as optimizing charging station operation, the high configurability of software in offering various services to EV owners, such as sending notifications about the availability of charging stations or the completion of charging, and the increasing adoption of smart charging management software among OEMs.

Based on mounting type, the European electric vehicle charging stations market is segmented into wall mount, pedestal mount, and ceiling mount. The pedestal mount segment is expected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing installation of pedestal-mounted EV charging stations in public places in Europe and increasing R&D in emerging technologies.

Based on vehicle type, the European electric vehicle charging stations market is segmented into passenger cars, light commercial vehicles, heavy commercial vehicles, and two-wheelers & scooters. The heavy commercial vehicles segment is expected to register the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing adoption of electric mobility in the region, supportive government subsidies & tax rebates for purchasing EVs, the growing adoption of autonomous vehicles for delivery applications, and the increasing adoption of electric buses and trucks for public transport and freight services.

Based on end user, the European electric vehicle charging stations market is segmented into commercial EV charging stations and residential EV charging stations. The commercial segment is expected to account for the largest share of the electric vehicle charging stations market in 2022. This segment is also expected to record the highest CAGR during the forecast period. The high growth of this segment is mainly attributed to the growing number of installations of EV charging stations in public places such as shopping malls, restaurants, commercial buildings, parking areas, railway stations, and airports, and government initiatives for the installation of publicly accessible charging stations.

Geographically, Germany is estimated to account for the largest share of the European electric vehicle charging stations market in 2022. However, Sweden is expected to register the highest CAGR during the forecast period. Sweden is one of the leading European countries to ban diesel-powered vehicles and adopt electric mobility. The Swedish government has started investing in EV charging stations across the country. The Swedish Transport Administration is investing to support the expansion of public EV fast-charging stations. For instance, in June 2020, the Swedish Transport Administration announced state support to expand public charging stations on major roads for the fast charging of electric vehicles.

Denmark is expected to record the second-highest CAGR during the forecast period. Increasing government initiatives to reduce carbon dioxide emissions and low taxation on the purchase of electric vehicles are key factors driving the EV charging stations market in the country. Denmark has installed charging spots in its 30 biggest cities. The Danish government has pledged to roll out 775,000 electric/hybrid cars on its roads by 2030 to reduce greenhouse gas emissions by 70%. Also, Copenhagen is expected to become a carbon-neutral city by 2025. The growing use of electric vehicles has boosted the demand for EV charging stations across the country. Currently, Denmark also offers a tax exemption on the procurement and installation of commercial charging stations.

The key players operating in the European electric vehicle charging stations market are Webasto Group (Germany), EVBox Group (Netherlands), BP p.l.c. (U.K.), Royal Dutch Shell PLC (Netherlands), Connected Kerb Limited (U.K.), Électricité de France (France), Fastned B.V. (Netherlands), Route220 S.r.l. (Italy), Compleo Charging Solutions AG (Germany), and GreenWay Holding S.A (Slovakia).

Key Questions Answered in the Report:



Which are the high-growth market segments in terms of charging type, connection type, vehicle type, mounting type, component, end user, and geography?
What is the historical market size for the European electric vehicle charging stations market?
What are the market forecasts and estimates for the period 2022–2029?
What are the major drivers, restraints, opportunities, and challenges in the European electric vehicle charging stations market?
Who are the major players in this market, and what share of the market do they hold?
Who are the major market players in the European countries?
How is the competitive landscape of the European electric vehicle charging stations market?
What are the recent developments in the European electric vehicle charging stations market?
What are the various strategies adopted by the major players in this market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the European electric vehicle charging stations market, and how do they compete with the existing players?

Scope of the Report

European Electric Vehicle Charging Stations Market, by Charging Type

Level 1
Level 2
DC Fast Charging

European Electric Vehicle Charging Stations Market, by Connection Type

Connectors
Pantograph
Wireless EV Charging
Static Wireless EV Charging
Dynamic Wireless EV Charging

European Electric Vehicle Charging Stations Market, by Component

Hardware
Electric Vehicle Supply Equipment (EVSE)
Electrical Distribution Systems
Cable Management Systems
Software
Charging Station Management Systems (CSMS)
Interoperability Solutions
Open Charge Point Protocol (OCPP)
Smartphone Applications
Services
Maintenance Services
Systems Integration & Installation Services

European Electric Vehicle Charging Stations Market, by Mounting Type

Wall Mount
Pedestal Mount
Ceiling Mount

European Electric Vehicle Charging Stations Market, by Vehicle Type

Passenger Cars
Heavy Commercial Vehicles
Light Commercial Vehicles
Two-wheelers & Scooters

European Electric Vehicle Charging Stations Market, by End User

Commercial EV Charging Stations
Commercial Public EV Charging Stations
On-road Charging
Parking Spaces
Destination Chargers
Commercial Private EV Charging Stations
Fleet Charging
Captive Charging
Residential EV Charging Stations

European Electric Vehicle Charging Stations Market, by Geography

Europe
Germany
France
U.K.
Italy
Spain
Netherlands
Sweden
Norway
Denmark
Austria
Belgium
Croatia
Finland
Greece
Hungary
Ireland
Poland
Portugal
Romania
Slovakia
Rest of Europe (RoE)