Global Public Charging Stations for Electric Vehicle Market Growth (Status and Outlook) 2024-2030

Global Public Charging Stations for Electric Vehicle Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Public Charging Stations for Electric Vehicle market size was valued at US$ 2934.8 million in 2023. With growing demand in downstream market, the Public Charging Stations for Electric Vehicle is forecast to a readjusted size of US$ 9434.3 million by 2030 with a CAGR of 18.2% during review period.

The research report highlights the growth potential of the global Public Charging Stations for Electric Vehicle market. Public Charging Stations for Electric Vehicle are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Public Charging Stations for Electric Vehicle. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Public Charging Stations for Electric Vehicle market.

An electric vehicle charging station, also called EV charging station, electric recharging point, charging point, charge point, ECS (electronic charging station), and EVSE (electric vehicle supply equipment), is an element in an infrastructure that supplies electric energy for the recharging of plug-in electric vehicles—including electric cars, neighborhood electric vehicles and plug-in hybrids.

For charging at home or work, some EVs have onboard converters that can plug into a standard electrical outlet or a high-capacity appliance outlet. Others either require or can use a charging station that provides electrical conversion, monitoring, or safety functionality. These stations are also needed when traveling, and many support faster charging at higher voltages and currents than are available from residential EVSEs. Public charging stations are typically on-street facilities provided by electric utility companies or located at retail shopping centers, restaurants and parking places, operated by a range of private companies.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

Key Features:

The report on Public Charging Stations for Electric Vehicle market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Public Charging Stations for Electric Vehicle market. It may include historical data, market segmentation by Type (e.g., Floor Standing Stations, Wall Mounted Stations), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Public Charging Stations for Electric Vehicle market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Public Charging Stations for Electric Vehicle market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Public Charging Stations for Electric Vehicle industry. This include advancements in Public Charging Stations for Electric Vehicle technology, Public Charging Stations for Electric Vehicle new entrants, Public Charging Stations for Electric Vehicle new investment, and other innovations that are shaping the future of Public Charging Stations for Electric Vehicle.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Public Charging Stations for Electric Vehicle market. It includes factors influencing customer ' purchasing decisions, preferences for Public Charging Stations for Electric Vehicle product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Public Charging Stations for Electric Vehicle market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Public Charging Stations for Electric Vehicle market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Public Charging Stations for Electric Vehicle market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Public Charging Stations for Electric Vehicle industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Public Charging Stations for Electric Vehicle market.

Market Segmentation:

Public Charging Stations for Electric Vehicle market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Floor Standing Stations
Wall Mounted Stations

Segmentation by application
Semi-public Car Parks
Corporate EV Fleets
Apartment Complexes

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
BYD
Xuji Group
TELD
Star Charge
Chargepoint
Webasto
Efacec
Leviton
Siemens
IES Synergy
Pod Point
Auto Electric Power Plant
DBT-CEV
Clipper Creek
Schneider Electric
Nitto Kogyo
Panasonic
Toyota Home
Kawamura Electric



Please note: The report will take approximately 2 business days to prepare and deliver.