The global EV charging infrastructure market size is anticipated to reach USD 125.39 billion by 2030, expanding at a CAGR of 25.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth of the electric vehicle charging infrastructure (EVCI) market is attributed to a growing consumer base adopting electric vehicles. This shift is fueled by eco-friendly choices, rising fuel expenses, government incentives, and reduced ownership costs throughout the vehicle's lifespan.

An increasing interest in electric vehicles is amplifying the need for sufficient charging infrastructure, driving market growth. Several electric vehicle manufacturers, including Kia Motors, Volvo, Ford, and Mercedes-Benz, are partnering with charging infrastructure providers to ensure convenient access to charging stations. As an example, in November 2020, ChargePoint, Inc. announced its collaboration with Volvo Car USA LLC to deliver a smooth charging experience for Volvo drivers. ChargePoint, Inc. supports Volvo owners with Home Flex home chargers, allowing them to conveniently charge their cars at home.

Moreover, Ecotap BV, Delta Electronics, and Enel X, among others, are focusing on the development of solar-powered electric vehicle charging stations. For instance, within the Honda SmartCharge program, Enel X is engaged in developing a charging station powered by solar energy in Hawaii, the U.S., through collaboration with the Hawaiian Electric Company, Inc.

Gather more insights about the market drivers, restrains and growth of the Ev Charging Infrastructure Market

EV Charging Infrastructure Market Report Highlights

• In terms of charger type, the fast charger segment dominated the market in 2023. The rising preference for EVs among consumers seeking more convenient and efficient vehicle charging methods is propelling the growth of this segment

• In terms of connector, the CHAdeMO segment is expected to grow at a significant CAGR during the forecast period. The CHAdeMO connector’s capacity to provide a DC fast charging solution, enabling swift EV battery recharge, acts as a significant contributor to segment growth

• In terms of level of charging, the level 2 segment dominated the market in 2023. The growth of level 2 charging networks, especially in urban areas and along major U.S. highways, significantly drives segment expansion. With increasing electric vehicle adoption, numerous municipalities and businesses are investing in level 2 charging infrastructure to retain and attract EV drivers

• In terms of connectivity, the non-connected charging stations segment led the market in 2023. The growing adoption of stand-alone chargers by small businesses, private individuals, and municipalities is a major factor contributing to segment growth

• In terms of application, the commercial segment held a major revenue share in 2023. Increasing number of EV charging stations in commercial spaces and rising government funding and initiatives for installing publicly accessible EV charging stations are major factors behind segment growth

• The Asia Pacific region dominated the market in 2023. Stringent vehicle emission standards and a strong emphasis on electric vehicle research and development act as key drivers propelling regional market growth for electric vehicle (EV) charging infrastructure

• In September 2022,Schneider Electric launched the EVlink Home Smart Charger to power EVs at home. The charger includes innovative features to make at-home charging simpler to install and more cost-effective to use. Such initiatives are increasing the adoption of electric vehicle charging infrastructures

Browse through Grand View Research's Automotive & Transportation Industry Research Reports.

• The global intelligent traffic management system market size was estimated at USD 12.41 billion in 2024 and is projected to grow at a CAGR of 15.2% from 2025 to 2030. 

• The global automotive electric HVAC compressor market size was valued at USD 15.46 billion in 2024 and is projected to grow at a CAGR of 23.3% from 2025 to 2030. 

EV Charging Infrastructure Market Segmentation

Grand View Research has segmented the global EV charging infrastructure market on the basis of charger type, connector, level of charging, connectivity, application, and region:

EV Charging Infrastructure Charger Type Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• Slow Charger

• Fast Charger

EV Charging Infrastructure Connector Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• CHAdeMO

• CCS

• Others

EV Charging Infrastructure Level of Charging Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• Level 1

• Level 2

• Level 3

EV Charging Infrastructure Connectivity Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• Non-connected Charging Stations

• Connected Charging Stations

EV Charging Infrastructure Application Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• Commercial

o Destination Charging Stations

o Highway Charging Stations

o Bus Charging Stations

o Fleet Charging Stations

o Other Charging Stations

• Residential

o Private Houses

o Apartments

EV Charging Infrastructure Regional Outlook (Revenue, USD Million; Volume, Units, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o Netherlands

o U.K.

o France

o Norway

o Germany

• Asia Pacific

o China

o India

o Japan

o South Korea

• Latin America

o Brazil

o Mexico

• Middle East & Africa

o Kingdom of Saudi Arabia (KSA)

o UAE

o South Africa

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