The Global Electric Vehicle Charging Infrastructure Market size is estimated to be USD 18.4 billion in 2022 and is expected to reach USD 182.1 billion by 2032 at a CAGR of 25.60%.
2. The Global Electric Vehicle
Charging Infrastructure
Market size is estimated to be
USD 18.4 billion in 2022 and
is expected to reach
USD 182.1 billion by 2032 at a
CAGR of 25.60%
MARKET OVERVIEW
3. The Fast chargers segment is estimated
to dominate the market, accounting for
over 89.0% of global revenue in 2022.
This is due to increasing demand for their
deployment in commercial stations.
BASED ON CHARGER TYPE
Fast Chargers Slow Chargers
89%
4. The CHAdeMO segment is estimated to
dominate the market, accounting for over
40.0% of global revenue in 2022.
CCS is predicted to grow at the highest
CAGR during the forecast period.
BASED ON CONNECTOR
Combined
Charging System
(CCS)
CHAdeMO
40.0%
Others
5. Asia Pacific is estimated to dominate the
market, accounting for over 58.5% of
global revenue in 2022.
South Korea, Japan, China, and Japan are
the main producers of electric vehicles.
BASED ON REGION
Asia Pacific
(2022)
58.5%
6. MARKET GROWTH FACTORS
Rising adoption of electric vehicles mobilities
1
2
3
Growing concerns over carbon dioxide
emissions
Government initiatives and tax breaks to
endorse faster setup of EV charging
infrastructure