ResearchAndMarkets.com has introduced the “Electric Vehicle Chargers – Global Strategic Business Report,” which provides a detailed analysis of the global electric vehicle (EV) chargers market. Valued at $12.4 billion in 2023, the market is expected to surge to $79.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 30.5% during this period.
The report highlights key drivers of market growth, including the rising adoption of electric vehicles, supportive government policies, technological advancements, and the expansion of public charging networks. Innovations in EV charging technology and the integration of renewable energy sources are also contributing to market expansion.
Why This Report is Essential:
- Detailed Market Analysis: Comprehensive insights into the global EV chargers market, covering major regions and market segments.
- Competitive Insights: Overview of leading market players and their geographical presence.
- Future Trends: Analysis of emerging trends and market drivers.
- Actionable Insights: Strategic recommendations to identify new revenue opportunities.
Key Findings:
- Market Growth: The Off-Board Chargers segment is projected to grow to $67.1 billion by 2030, with a CAGR of 31.4%. The On-Board Chargers segment is expected to grow at a CAGR of 26.3%.
- Regional Analysis: The U.S. market is valued at $3.4 billion in 2023, while China is forecasted to grow at a CAGR of 40.5%, reaching $22.5 billion by 2030. Key growth trends are also observed in Japan, Canada, Germany, and the Asia-Pacific region.
Report Features:
- Market Data: Annual sales and forecasts in USD million from 2023 to 2030.
- Regional Analysis: Detailed insights into markets across the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Major players include ABB Ltd., Bolt.Earth, BP Pulse (Chargemaster Limited), and more.
- Complimentary Updates: Free report updates for one year.
Key Market Trends & Drivers:
- Increased EV adoption and technological innovations are strengthening the business case for EV chargers.
- Expansion of fast-charging networks and government incentives are accelerating market dynamics.
- Rising environmental awareness and smart city projects are driving infrastructure development.
- Innovations in wireless and inductive charging technologies and the growth of home and workplace charging solutions are expanding the market.
Featured Players:
- ABB Ltd.
- Bolt.Earth
- BP Pulse (Chargemaster Limited)
- E.ON UK PLC
- E-Fill Electric (EFEV Charging Solutions Pvt. Ltd.)
- Keba AG
- MENNEKES Group (eMobility)
- Pod Point Limited
- Renesas Electronics Corporation
- Schaffner Holding AG
- Schneider Electric
- Servotech Power Systems
- Shell
- Siemens AG
- The Lincoln Electric Company
- Tommatech GmbH
