Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report By Charger Type, By Charging Type, By Connector, By Installation, By Level of Charging, By Connectivity, By Operation, By Application, By Region, And Segment Forecasts, 2025 - 2030

Electric Vehicle Charging Infrastructure Market Summary

Government regulations and tax exemptions further promote the adoption of EVs, thus driving the demand for EV charging infrastructure solutions. In addition, factors such as rapid technological advancements in battery technology and decreasing cost of lithium-ion batteries are expected to contribute to market growth during the forecast period. In recent years, EVs have gained significant popularity, notably driven by increasing environmental awareness and a focus on sustainability. As the adoption of EVs continues to expand, governments globally are implementing regulations aimed at supporting industry growth, thereby contributing to the EV charging infrastructure market. For instance, the US Federal Government provides a tax credit of up to USD 7,500 for qualifying EVs. In addition, in Canada, the government aims to achieve a target of having all light-duty vehicles sold be zero-emission by 2040. Such government initiatives to promote EV adoption are expected to boost market growth.

Developments in battery and charging technology are poised to transform the global automotive sector. Enhanced battery technology has extended the travel range of electric vehicles per charge, while new chargers can now recharge batteries at faster rates, attracting greater consumer interest in electric vehicles. This surge in demand is fueling the need for electric vehicle charging stations. In addition, the increasing focus on autonomous and shared mobility is expected to drive further adoption of electric vehicles, positively impacting the market for electric vehicle charging infrastructure.

Numerous electric vehicle charging infrastructure providers are focusing on developing new products that provide customers with better charging infrastructure. For instance, in January 2023, Leviton Manufacturing Co., Inc. announced plans to introduce EV Series charging stations compatible with the My Leviton application. The series comprises Level 2 charging stations with 32-, 48-, and 80-amp capacities, capable of charging any electric vehicle model in North America. This underscores Leviton Manufacturing’s commitment to providing advanced EV charging solutions to meet the demand for electric mobility.

Despite the rising popularity of electric vehicles and EV charging infrastructure, some challenges could hamper market growth. High initial cost of installing EV charging infrastructure, lack of dedicated charging space, and fluctuating power tariffs are major challenges in the EV charging infrastructure market. There are several costs associated with charging infrastructure, including installation costs, operational costs, and maintenance costs. Furthermore, other tasks, such as project management, feasibility analysis, and consultancy, incur additional costs. Thus, high costs involved in rolling out the infrastructure can potentially hinder market growth.

Charger Type Insights

The fast charger segment led the market and accounted for 72.8% of the global revenue in 2024. This segment is also anticipated to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing initiatives by various governments to accelerate the deployment of public fast-charging infrastructure. Most organizations have deployed Level 3 DC fast chargers or Level 2 AC charging stations that can fully charge an electric vehicle between 30 minutes and 4 hours.

Besides, automotive manufacturers are emphasizing the installation of electric vehicle charging stations for their employees as part of the efforts to increase awareness about their electric cars and public electric car charging stations. For instance, installing 100 Level 2 electric vehicle charging stations at the parking lots of General Motors Company’s Detroit facility has increased employee demand for the company’s Chevrolet Volt cars.

Demand for slow chargers is expected to grow significantly during the forecast period. Slow chargers are most commonly adopted by residential applications and are used for overnight charging. Furthermore, most electric vehicle manufacturers, such as BMW, General Motors, and Volkswagen Group, offer slow chargers along with the purchase of electric vehicles, further fueling segment growth. For instance, General Motors provides a slow charger when purchasing its electric car model.

Charging Type Insights

The AC charging segment accounted for the largest market revenue share in 2024, primarily due to its widespread applicability in residential, workplace, and commercial settings. These chargers are cost-effective, easy to install, and compatible with the majority of electric cars, making them ideal for overnight and long-duration charging. Their prevalence in both public and private infrastructure, especially in multi-dwelling units and office complexes, continues to drive volume deployment. Governments and utilities support AC charger installations through incentives and building code mandates, reinforcing their position as the foundational layer of EV infrastructure.

DC charging is anticipated to grow at the highest CAGR during the forecast period. This growth is propelled by rising demand for ultra-fast charging capabilities, particularly along highways and high-traffic urban zones. These chargers drastically reduce charging time, an essential factor for commercial fleets, ride-hailing services, and long-distance travelers. Government grants, private equity, and OEM-backed initiatives accelerate investments in DC fast-charging networks.

Connector Insights

The others segment accounted for the largest market revenue share in 2024. This segment includes connectors such as GB/T, Mennekes, J1772, and others. The dominance of this segment can be attributed to the high adoption of GB/T connectors in China. The official EV plug standard in China is the GB/T connector, which all the EV chargers use. High sales of EVs, followed by the strong presence of EV charging infrastructure in China, are anticipated to fuel segment growth. According to Grand View Research analysis, in 2022, there were 7,082,307 EV chargers in China.

The CCS connector is expected to register the fastest CAGR during the forecast period, owing to increased preference by major automobile manufacturers for adopting CCS connectors in their electric vehicles. For instance, in July 2019, Tesla announced the introduction of a CCS connector to support Model 3, with expected future compatibility with Model S and Model X in Europe.

Furthermore, CCS connectors are available in two types, usually denoted as CCS Type 1 and CCS Type 2. CCS Type 1 connectors are extensively utilized in the U.S., while CCS Type 2 connectors are utilized in Europe. Moreover, support from major auto manufacturers and OEMs, including Daimler AG, Ford Motor Company, General Motor Company, and Volkswagen Group, is expected to drive the demand for the CCS segment during the forecast period.

Level of Charging Insights

Level 2 led the market with the largest revenue market share in 2024. This charging ranges from 208 volts to 240 volts, and is suitable for locations such as houses, workplaces, and public charging stations. Since level 2 charging infrastructure is easy to install, it is the most commonly used charging level for electric vehicles as of 2022. Level 2 charging can add anywhere from 12 to 80 miles of range per hour, depending upon the vehicle's maximum charge rate and the power output of the level 2 charger. Due to this charging time and installation convenience, level 2 chargers are mostly seen installed in urban areas, where EVs are currently the most popular. Level 2 chargers can charge electric vehicles up to 10 times quicker than level 1 charging, contributing to the dominating share of this segment in 2024.

Level 3 charging is expected to register the fastest CAGR during the forecast period, owing to its fast-charging abilities. Level 3 chargers, the quickest charging option, can charge electric vehicles at a rate ranging from 3 to 20 miles per minute by using direct current. The voltage used by level 3 chargers is higher than that of level 1 and level 2, which is why it is not seen installed at residential places as of now. However, as EV users grow, companies and public spaces will implement such charging infrastructure to fulfill the large demand. This, in turn, is expected to drive the segment’s growth during the forecast period.

Connectivity Insights

The non-connected charging stations segment accounted for the largest market revenue share in 2024. Non-connected charging solutions are also known as non-networked or standalone charging solutions. Non-connected charging solutions offer users safe and secure charging without the hassle of recurring fees of a charging network. Non-connected charging solutions mimic the experience of the traditional fuel pump and allow consumers to pay for charging facilities per use.

Some non-connected charging solutions couple their hardware with software platforms to monitor the health of their chargers and view detailed diagnostic data. Moreover, non-connected chargers have lower ongoing and installation costs, as other recurring networking and activation fees are not applicable. The low infrastructure costs for owners and hassle-free charging experience for EV users provided by non-connected charging solutions are expected to contribute to segment growth during the forecast period.

The connected charging stations segment is expected to register the fastest CAGR during the forecast period. Connected charging solutions, or network chargers, are charging networks managed with network software systems. With connected charging solutions, electric vehicles are equipped with capabilities beneficial for drivers and hosts.

For instance, site hosts can access network access facilities such as advanced analytics, energy management, remote management features, and 24/7 customer support, while drivers can access it to locate and reserve via applications, among other use cases. As the number of electric vehicle drivers increases in the next few years, these features will become essential, which is expected to drive the adoption of connected charging solutions in the forecast period.

Application Insights

Based on application, commercial is anticipated to hold the largest market share in 2024. The segment is further divided into fleet charging stations, destination charging stations, bus charging stations, highway charging stations, and other charging stations. This segment's dominant share is due to initiatives and funding allocations by governments and automobile manufacturers to expand public EVCI. In addition, establishing supporting infrastructure at public locations for EV charging is essential because relying solely on overnight or home charging wouldn't be adequate for long-distance travel.

Furthermore, various public transport agencies are collaborating with automotive manufacturers to install charging stations for electric buses, driving this segment's growth. For instance, in September 2022, bp pulse collaborated with The Hertz Corporation, an American car rental company, to install a network of EV charging solutions powered by bp pulse across North America, for The Hertz Corporation and its customers.

The residential segment is anticipated to expand at a steady CAGR over the forecast period. The segment is further bifurcated into private houses and apartments/societies. Vehicle charger manufacturers are now focusing on developing residential EV chargers to ensure higher availability and increased vehicle range. OEMs are partnering with charging network operators, EV manufacturers, utility service providers, and corporations to deploy fast-charging stations to increase their geographical presence and enable cost-effective EV charging network deployment.

Regional Insights

Asia Pacific dominated the market and accounted for a 67.4% share in 2024. Countries such as China, Japan, and South Korea, known as hubs of electric vehicles, are heavily investing in developing charging infrastructure. For instance, in January 2022, the Chinese Government announced its intention to invest in deploying EV infrastructure to achieve its target of supporting 20 million EVs on the road by 2025.

India Electric Vehicle Charging Infrastructure Market Trends

The electric vehicle charging infrastructure market in India is witnessing accelerated growth, driven by strong government support through initiatives such as the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme and strategic public-private partnerships. The government’s focus on developing a nationwide network of EV charging stations, particularly along highways and urban centers, fosters investor interest and deployment activity. Key players, including oil marketing companies, utilities, and tech startups, are actively expanding their footprint. However, gaps in interoperability and grid readiness remain challenges, making coordinated infrastructure planning essential to scale sustainably.

South Korea electric vehicle charging infrastructure market is expected to grow significantly over the forecast period. South Korea has declared an investment of approximately USD 180.3 million to expand the EV charging infrastructure nationwide as part of its initiative to encourage eco-friendly vehicles in the transportation sector. Furthermore, in 2020, Japan's electric charging stations exceeded the number of petrol stations, boasting over 40,000 charging outlets. Such factors contribute to the growth of the Asia Pacific EV charging infrastructure market.

North America Electric Vehicle Charging Infrastructure Market Trends

The electric vehicle charging infrastructure market in North America is transforming rapidly, supported by significant capital investments and favorable regulatory frameworks. Federal and regional initiatives are driving the development of extensive public and private charging networks, especially to meet climate goals and accelerate EV adoption. Market players focus on fast-charging technologies, smart grid integration, and cross-border charging interoperability. The region is also consolidating, with major utility and energy companies acquiring smaller charging network providers to streamline operations and improve service coverage.

The U.S. electric vehicle charging infrastructure market is expanding swiftly, underpinned by federal funding programs such as the Bipartisan Infrastructure Law and the National Electric Vehicle Infrastructure (NEVI) Formula Program. These initiatives aim to deploy over 500,000 public chargers nationwide by 2030, focusing on rural connectivity and equity. The private sector plays a crucial role, with companies like Tesla, ChargePoint, and Electrify America aggressively expanding fast-charging stations. Key growth areas include urban metro clusters, highway corridors, and fleet charging solutions for commercial transportation.

Europe Electric Vehicle Charging Infrastructure Market Trends

The electric vehicle charging infrastructure market in Europe is anticipated to witness significant growth. Several European countries have set ambitious goals for reducing carbon emissions and electric car stock commitments by 2020. For instance, in July 2018, the UK government passed the Automated and Electric Vehicles (AEV) Act. It provides the government with new powers to ensure the rapid development of EVCI on motorways and fuel stations. Other European countries, such as France, the UK, Germany, and Belgium, also focus on developing electric vehicle charging and support infrastructure to enable interoperability across different EVs throughout the region, contributing to market growth.

Germany electric vehicle charging infrastructure market stands as one of the most mature in Europe, supported by robust regulatory frameworks, environmental targets, and automotive industry alignment. The government has set ambitious targets for both EV adoption and charger availability, backed by substantial subsidies for residential, commercial, and public charging infrastructure. The country is leading in ultra-fast charging installations and is a hub for innovation in vehicle-to-grid (V2G) and smart charging technologies. Despite the progress, grid modernization and rural charger coverage are emerging as critical focus areas for sustained market scalability.

Key Electric Vehicle Charging Infrastructure Company Insights

Some key players operating in the market include ChargePoint, Inc., Tesla. Inc., ABB Ltd., and bp pulse.

• ChargePoint, Inc. has delivered over 87 million charging sessions and has a customer base of over 4,000 commercial and fleet clients. The company has been undertaking various strategic initiatives to expand its European presence. Its acquisition of General Electric’s EV charging network business is expected to add around 8,000 residential and 1,800 commercial charging points to its existing network.

• ABB Ltd. is in charge of product development and business expansion initiatives. The company is expanding its U.S. manufacturing operations to better serve its customers and help advance the adoption of electric vehicles from private vehicles to transit fleets and buses.

• Leviton Manufacturing Co., Inc. provides EV chargers and the total EV electrical infrastructure, including load centers, surge protection, safety disconnects, metering, and more. The company offers multiple solutions for commercial, residential, and public plug-in electric vehicle charging options.

Recent Developments

• In April 2023, ABB Ltd.’s ABB E-mobility business signed a Memorandum of Understanding (MoU) with PLN Icon Plus, a subsidiary of PT PLN Persero, to facilitate a partnership for developing the EV charging infrastructure in Indonesia.

• In February 2023, ChargePoint Holdings, Inc. and Fisker, Inc., an automobile company, announced an agreement to improve the driving experience of Fisker Ocean drivers. The partnership aims to ensure that Fisker Ocean drivers can access charging facilities conveniently and seamlessly.

• In February 2023, bp pulse unveiled plans to invest USD 1 billion in the development of electric vehicle (EV) charging stations in the U.S. by 2030, with a significant aspect of the investment dedicated to collaborating with The Hertz Corporation on the construction of fast-charging infrastructure at The Hertz Corporation’s facilities in prominent cities such as Austin, Atlanta, Boston, Denver, Chicago, New York City, Houston, Miami, Phoenix, Orlando, San Francisco, and Washington, DC.

Electric Vehicle Charging Infrastructure Market Report Scope

Global Electric Vehicle Charging Infrastructure Market Report Segmentation

The report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global electric vehicle charging infrastructure market based on charger type, charging type, connector, level of charging, connectivity, operation, application, and region:

• Charger Type Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • Slow Charger

  • Fast Charger

• Charging Type Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • AC

  • DC

• Connector Type Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • CHAdeMO

  • CCS

  • Others

• Level of Charging Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • Level 1

  • Level 2

  • Level 3

• Connectivity Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • Non-connected Charging Stations

  • Connected Charging Stations

• Operation Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • Mode 1

  • Mode 2

  • Mode 3

  • Mode 4

• Application Outlook (Volume Units; Revenue, USD Million, 2018 - 2030)

  • Commercial

    • Destination Charging Stations

    • Highway Charging Stations

    • Bus Charging Stations

    • Fleet Charging Stations

    • Other Charging Stations

  • Residential

    • Private Houses

    • Apartments/Societies

• Regional Outlook (Revenue, Volume Units, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Netherlands

    • UK

    • France

    • Norway

    • Germany

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • Kingdom of Saudi Arabia

    • UAE

    • South Africa