EV Charging Infrastructure in South Africa

EV Charging Infrastructure in South Africa

Summary

EV Charging Infrastructure in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The electric vehicle (EV) charging infrastructure market includes charging points, which are the individual sockets or plugs where electric vehicles can be plugged in to charge. Each charging point allows a single vehicle to be charged at a time. Our market scope includes public charging stations. Public chargers are designed for the public and are typically located in public spaces, including parking lots, streets, shopping centers, and rest areas. Market volume represents number of unique charging points installed in a single year. Market value has been estimated by multiplying number of charging points with the charging rate per Kwh, average energy consumption per session, number of sessions per day per point, and operating days in a year.
• The South African EV charging infrastructure market recorded revenues of $1.3 million in 2024, representing a compound annual growth rate (CAGR) of 3.7% between 2020 and 2024.
• The number of unique EV charging points installed annually in South Africa grew at a CAGR of 4.3% between 2020 and 2024, reaching 71 units in 2024.
• The South African EV charging infrastructure market revenue grew by 15.5% in 2024 from 2020, primarily driven by the increasing adoption of electric vehicles. GlobalData estimated that the total number of newly registered hybrid and electric passenger cars in South Africa reached 1,313 units in 2024, reflecting a 21.6% increase from the previous year.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the ev charging infrastructure market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the ev charging infrastructure market in South Africa
• Leading company profiles reveal details of key ev charging infrastructure market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa ev charging infrastructure market with five year forecasts by both value and volume

• What was the size of the South Africa ev charging infrastructure market by value in 2024?
• What will be the size of the South Africa ev charging infrastructure market in 2029?
• What factors are affecting the strength of competition in the South Africa ev charging infrastructure market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's ev charging infrastructure market?