Global Electric Vehicle Charger Market 2020-2024

Global Electric Vehicle Charger Market 2020-2024

Technavio has been monitoring the electric vehicle charger market and it is poised to grow by 1.85 mn units during 2020-2024 progressing at a CAGR of 29% during the forecast period. Our reports on electric vehicle charger market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the government incentives and subsidies for EV charger infrastructure developments, increasing EV sales through tax incentives pushing demand for well-built EV charger infrastructure and fuel emission and efficiency regulations driving adoption of EVs and charger. In addition, government incentives and subsidies for EV charger infrastructure developments is anticipated to boost the growth of the market as well.

The electric vehicle charger market analysis includes end-user segment, type segment, and geographical landscapes.

Technavio's electric vehicle charger market is segmented as below:

By End-user

  • Residential
  • Commercial
  • By Type
  • Slow charger
  • Fast charger
By Geographic Landscapes
  • APAC
  • North America
  • Europe
  • ROW
This study identifies the powering EV charging stations through renewable energy as one of the prime reasons driving the electric vehicle charger market growth during the next few years. Also, open and closed platform approaches by EV charger solution providers and ultracapacitors in EV energy storage system will lead to sizable demand in the market.

"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our electric vehicle charger market covers the following areas:
  • Electric vehicle charger market sizing
  • Electric vehicle charger market forecast
  • Electric vehicle charger market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle charger market vendors that include ABB Ltd., AddÉnergie Technologies Inc., AeroVironment Inc., BP Plc, ChargePoint Inc., Electricite de France SA, Evatran Group Inc., Leviton Manufacturing Co. Inc., Robert Bosch GmbH, and Webasto SE. Also, the electric vehicle charger market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Parent market
        • Table Parent market
      • Market characteristics
        • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Automotive components and accessories
      • Inputs
      • Inbound logistics
      • Operations
      • Distribution and logistics
      • Marketing and sales
      • Service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Market Outlook
      • Impact of Covid-19 on Consumer Discretionary
        • Table Global - Market size and forecast 2019 - 2024 (thousand units)
        • Table Global electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user by Volume
    • Market segments
      • Table End-user by volume - Market share 2019-2024 (%)
    • Comparison by End-user by volume
      • Table Comparison by End-user by volume
    • Residential- Market size and forecast 2019-2024 (thousand units)
      • Table Residential- Market size and forecast 2019-2024 (thousand units)
      • Table Residential electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table Residential- Year-over-year growth 2019-2024 (%)
    • Commercial - Market size and forecast 2019-2024 (thousand units)
      • Table Commercial - Market size and forecast 2019-2024 (thousand units)
      • Table Commercial electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table Commercial - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user by volume
      • Table Market opportunity by End-user by volume
  • Market Segmentation by Type by Volume
    • Market segments
      • Table Type volume chart - Market share 2019-2024 (%)
    • Comparison by Type volume chart
      • Table Comparison by Type volume chart
    • Slow charger - Market size and forecast 2019- 2024 (thousand units)
      • Table Slow charger - Market size and forecast 2019-2024 (thousand units)
      • Table Slow electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table Slow charger - Year-over-year growth 2019-2024 (%)
    • Fast charger - Market size and forecast 2019- 2024 (thousand units)
      • Table Fast charger - Market size and forecast 2019-2024 (thousand units)
      • Table Fast electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table Fast charger - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type volume chart
      • Table Market opportunity by Type volume chart
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 (thousand units)
      • Table APAC electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 (thousand units)
      • Table North America Electric Vehicle Charger Market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 (thousand units)
      • Table Europe electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • ROW - Market size and forecast 2019-2024
      • Table ROW - Market size and forecast 2019-2024 (thousand units)
      • Table ROW electric vehicle charger market 2019-2024 (thousand units), exclusive of COVID-19 impact
      • Table ROW - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography (thousand units)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Government incentives and subsidies for EV charger infrastructure developments
      • Increasing EV sales through tax incentives pushing demand for wellbuilt EV charger infrastructure
      • Fuel emission and efficiency regulations driving adoption of EVs and charger
    • Market challenges
      • High cost of installation of EV chargers
      • Stringent approval rules for establishment of a charger unit
      • Increasing number of EV chargers will significantly impact power grid
      • Lack of infrastructure in potential markets
        • Table Impact of drivers and challenges
    • Market trends
      • Open and closed platform approaches by EV charger solution providers
      • Powering EV charging stations through renewable energy
      • Ultracapacitors in EV energy storage system
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • AddÉnergie Technologies Inc.
      • Table AddÉnergie Technologies Inc. - Overview
      • Table AddÉnergie Technologies Inc. - Product and service
      • Table AddÉnergie Technologies Inc. - Key offerings
    • AeroVironment Inc.
      • Table AeroVironment Inc. - Overview
      • Table AeroVironment Inc. - Business segments
      • Table AeroVironment Inc. - Key News
      • Table AeroVironment Inc. - Key offerings
      • Table AeroVironment Inc. - Segment focus
    • BP Plc
      • Table BP Plc - Overview
      • Table BP Plc - Business segments
      • Table BP Plc - Key news
      • Table BP Plc - Key offerings
      • Table BP Plc - Segment focus
    • ChargePoint Inc.
      • Table ChargePoint Inc. - Overview
      • Table ChargePoint Inc. - Product and service
      • Table ChargePoint Inc. - Key News
      • Table ChargePoint Inc. - Key offerings
    • Electricite de France SA
      • Table Electricite de France SA - Overview
      • Table Electricite de France SA - Business segments
      • Table Electricite de France SA - Key News
      • Table Electricite de France SA - Key offerings
      • Table Electricite de France SA - Segment focus
    • Evatran Group Inc.
      • Table Evatran Group Inc. - Overview
      • Table Evatran Group Inc. - Product and service
      • Table Evatran Group Inc. - Key offerings
    • Leviton Manufacturing Co. Inc.
      • Table Leviton Manufacturing Co. Inc. - Overview
      • Table Leviton Manufacturing Co. Inc. - Product and service
      • Table Leviton Manufacturing Co. Inc. - Key News
      • Table Leviton Manufacturing Co. Inc. - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key News
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Webasto SE
      • Table Webasto SE - Overview
      • Table Webasto SE - Business segments
      • Table Webasto SE - Key offerings
      • Table Webasto SE - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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