Global Electric Vehicle Charging Station Market is valued approximately at USD 5.03 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 44.44% over the forecast period 2021-2027. Growing investment by government for expanding electric vehicle charging infrastructure to encourage the adoption is majorly driving the demand. Such as in August 2021, under Future Fuels Fund, Australian government announced to invest USD 18.45 million to build 403 new fast charging stations for EVs across Australia. Additionally, growing sales of clean mobility vehicles and incentives provided by government for adopting electric vehicles are fueling growth in the market. According to Statista, plug-in electric light vehicle sales worldwide increased from 2.17 million units in 2019 to 3.1 million units in 2020. Furthermore, initiatives taken for curbing carbon emissions and research and development activities are anticipated to boost the market demand in coming years. However, complex power grid infrastructure and high cost of charging infrastructure development may hinder the growth in coming years.

Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Asia Pacific is leading the global market in terms of revenue and is also expected to grow with the highest growth rate in coming years. Growing government funding in spreading charging infrastructure in the region coupled growing sales of electric vehicles are injecting growth in APAC market.
Major market player included in this report are:

ABB Ltd.
AeroVironment Inc.
BYD Auto
Chargemaster PLC
ChargePoint, Inc.
Eaton Corporation plc
Leviton Manufacturing Co., Inc.
Schneider Electric SE
SemaConnect, Inc.
Siemens AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:
Passenger Cars
Commercial Vehicles
By Charger Type:
AC Charging Station
DC Charging Station
By Application Type:
Public
Private


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Electric Vehicle Charging Station Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

ABB Ltd.
AeroVironment Inc.
BYD Auto
Chargemaster PLC
ChargePoint, Inc.
Eaton Corporation plc
Leviton Manufacturing Co., Inc.
Schneider Electric SE
SemaConnect, Inc.
Siemens AG