Global Residential Electric Vehicle (EV) Charger Market Growth 2025-2031
Description
The global Residential Electric Vehicle (EV) Charger market size is predicted to grow from US$ 5078 million in 2025 to US$ 18160 million in 2031; it is expected to grow at a CAGR of 23.7% from 2025 to 2031.
Residential electric vehicle (EV) chargers are devices that allow users to charge their electric vehicles at home. It is designed to provide a safe and convenient way to charge electric vehicle batteries. These chargers are usually installed in residential properties, such as houses or apartments, and are connected to the grid. Installing a residential EV charger allows EV owners to conveniently charge their vehicles at night or while parked at home.
According to the in - depth research data of authoritative industry associations, in 2024, the global new energy vehicle market achieved remarkable results, with sales volume exceeding 18 million units. In this booming development trend, the Chinese market, like a bright star, has become the core driving force for the growth of global new energy vehicle sales. In 2024, the sales volume of new energy vehicles in China surged strongly to 11 million units. Compared with the previous year, the growth rate reached 40%, and the proportion in the global total sales volume even reached 64.3%. Looking back over the past few years, even though the new energy subsidy policy has been fully phased out, the effective policy support in the early stage has laid an extremely solid foundation for the new energy vehicle industry in China, and has led to earth - shaking changes in the market pattern.
In addition to the outstanding Chinese market, the new energy vehicle markets in the United States and Canada also achieved remarkable results. The annual sales volume of new energy vehicles in these two countries reached 1.8 million units in 2024, achieving a year - on - year growth of 9%. However, the situation in the European market is slightly more complex. Although the annual sales volume of new energy vehicles in 2024 was 3 million units, there was a 3% decline compared with the previous year. From a macro perspective, the entire European automotive market was in a downturn in 2024. From January to November 2024, the sales volume of automobiles in the European Union was only 9.7 million units, with a year - on - year growth rate of only 0.4%. The complex and volatile international situation has caused the European economy to encounter many new challenges, and the automotive industry has also been significantly impacted.
The rapid growth of new energy vehicles, especially electric vehicles, has strongly driven the sales of Residential electric vehicle (EV) chargers. Although public charging piles are becoming increasingly popular in every corner of the city, residential charging piles still have huge development potential. Residential charging piles have many advantages. First of all, they are extremely convenient to use. Car owners do not need to search for public charging piles when they are out. They can charge their cars at any time when they get home. Whether they are resting at night or staying at home briefly during the day, they can easily complete the charging operation, which perfectly fits the fast - paced lifestyle of modern people. Secondly, there are certain cost advantages. Compared with public charging piles, the electricity charges for residential charging piles in some areas during off - peak hours are cheaper. In the long run, it can save car owners a considerable amount of money. Furthermore, the installation of residential charging piles is relatively flexible. As long as there is a suitable parking space or garage, they can be installed according to their own needs, without being restricted by the uneven distribution of public charging piles, which further enhances the user experience.
LP Information, Inc. (LPI) ' newest research report, the “Residential Electric Vehicle (EV) Charger Industry Forecast” looks at past sales and reviews total world Residential Electric Vehicle (EV) Charger sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Electric Vehicle (EV) Charger sales for 2025 through 2031. With Residential Electric Vehicle (EV) Charger sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Electric Vehicle (EV) Charger industry.
This Insight Report provides a comprehensive analysis of the global Residential Electric Vehicle (EV) Charger landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Residential Electric Vehicle (EV) Charger portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residential Electric Vehicle (EV) Charger market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Electric Vehicle (EV) Charger and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Residential Electric Vehicle (EV) Charger.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Electric Vehicle (EV) Charger market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Portable Charger
Wall Mount AC Charger
Others
Segmentation by Application:
For BEV
For PHEV
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 analysing the company's coverage, product portfolio, its market penetration.
Chargepoint
Wallbox
ABB
Eaton
TELD
Schneider Electric
Siemens
Star Charge
Blink Charging
Shanghai Zhida Technology
Pod Point
Ampure EV Solutions
Scame Parre
CirControl
Hunan Jingneng New Energy
ORBIS
EAST
Leviton
Efacec
Rolec
Enel X
Enphase
CITA Smart Solutions
DBT-CEV
Suntree
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Electric Vehicle (EV) Charger market?
What factors are driving Residential Electric Vehicle (EV) Charger market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Electric Vehicle (EV) Charger market opportunities vary by end market size?
How does Residential Electric Vehicle (EV) Charger break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Residential electric vehicle (EV) chargers are devices that allow users to charge their electric vehicles at home. It is designed to provide a safe and convenient way to charge electric vehicle batteries. These chargers are usually installed in residential properties, such as houses or apartments, and are connected to the grid. Installing a residential EV charger allows EV owners to conveniently charge their vehicles at night or while parked at home.
According to the in - depth research data of authoritative industry associations, in 2024, the global new energy vehicle market achieved remarkable results, with sales volume exceeding 18 million units. In this booming development trend, the Chinese market, like a bright star, has become the core driving force for the growth of global new energy vehicle sales. In 2024, the sales volume of new energy vehicles in China surged strongly to 11 million units. Compared with the previous year, the growth rate reached 40%, and the proportion in the global total sales volume even reached 64.3%. Looking back over the past few years, even though the new energy subsidy policy has been fully phased out, the effective policy support in the early stage has laid an extremely solid foundation for the new energy vehicle industry in China, and has led to earth - shaking changes in the market pattern.
In addition to the outstanding Chinese market, the new energy vehicle markets in the United States and Canada also achieved remarkable results. The annual sales volume of new energy vehicles in these two countries reached 1.8 million units in 2024, achieving a year - on - year growth of 9%. However, the situation in the European market is slightly more complex. Although the annual sales volume of new energy vehicles in 2024 was 3 million units, there was a 3% decline compared with the previous year. From a macro perspective, the entire European automotive market was in a downturn in 2024. From January to November 2024, the sales volume of automobiles in the European Union was only 9.7 million units, with a year - on - year growth rate of only 0.4%. The complex and volatile international situation has caused the European economy to encounter many new challenges, and the automotive industry has also been significantly impacted.
The rapid growth of new energy vehicles, especially electric vehicles, has strongly driven the sales of Residential electric vehicle (EV) chargers. Although public charging piles are becoming increasingly popular in every corner of the city, residential charging piles still have huge development potential. Residential charging piles have many advantages. First of all, they are extremely convenient to use. Car owners do not need to search for public charging piles when they are out. They can charge their cars at any time when they get home. Whether they are resting at night or staying at home briefly during the day, they can easily complete the charging operation, which perfectly fits the fast - paced lifestyle of modern people. Secondly, there are certain cost advantages. Compared with public charging piles, the electricity charges for residential charging piles in some areas during off - peak hours are cheaper. In the long run, it can save car owners a considerable amount of money. Furthermore, the installation of residential charging piles is relatively flexible. As long as there is a suitable parking space or garage, they can be installed according to their own needs, without being restricted by the uneven distribution of public charging piles, which further enhances the user experience.
LP Information, Inc. (LPI) ' newest research report, the “Residential Electric Vehicle (EV) Charger Industry Forecast” looks at past sales and reviews total world Residential Electric Vehicle (EV) Charger sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Electric Vehicle (EV) Charger sales for 2025 through 2031. With Residential Electric Vehicle (EV) Charger sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Electric Vehicle (EV) Charger industry.
This Insight Report provides a comprehensive analysis of the global Residential Electric Vehicle (EV) Charger landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Residential Electric Vehicle (EV) Charger portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residential Electric Vehicle (EV) Charger market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Electric Vehicle (EV) Charger and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Residential Electric Vehicle (EV) Charger.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Electric Vehicle (EV) Charger market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Portable Charger
Wall Mount AC Charger
Others
Segmentation by Application:
For BEV
For PHEV
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 analysing the company's coverage, product portfolio, its market penetration.
Chargepoint
Wallbox
ABB
Eaton
TELD
Schneider Electric
Siemens
Star Charge
Blink Charging
Shanghai Zhida Technology
Pod Point
Ampure EV Solutions
Scame Parre
CirControl
Hunan Jingneng New Energy
ORBIS
EAST
Leviton
Efacec
Rolec
Enel X
Enphase
CITA Smart Solutions
DBT-CEV
Suntree
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Electric Vehicle (EV) Charger market?
What factors are driving Residential Electric Vehicle (EV) Charger market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Electric Vehicle (EV) Charger market opportunities vary by end market size?
How does Residential Electric Vehicle (EV) Charger break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
165 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Residential Electric Vehicle (EV) Charger by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Residential Electric Vehicle (EV) Charger by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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