Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Market Research

EV Charging Infrastructure Market Size to Reach USD 27690 Million

Urja Daily by Urja Daily
August 27, 2021
in Market Research
Reading Time: 3 mins read
0
Electric vehicle changing
Share on FacebookShare on TwitterShare on Linkedin

BANGALORE, India – The EV Charging Infrastructure Market is Segmented by Type (Alternating Current (AC), Charger Direct Current (DC) Charger), by Application (Commercial, Residential). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. It is published in Valuates Reports under Automotive Industry Category.

The global electric vehicle(EV) charging infrastructure market size is projected to reach USD 27690 Million by 2027, from USD 10000 Million in 2020, at a CAGR of 18.5% during the forecast period 2021-2027.

RELATED POSTS

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

What’s Holding Back the EV Battery Revolution?

The major factor driving the growth of the EV charging infrastructure market are:

  • The rising levels of carbon emissions and other hazardous pollutants from ICE vehicles, low maintenance and government subsidies for EV have necessitated the use of electric vehicles. The rise in the number of electric vehicles is expected to drive the growth of the EV charging infrastructure market.
  • Furthermore, factors such as favorable government policy for installing fast-charging stations, rebates on the purchase of electric vehicle charging stations, increasing investments from automakers towards the development of charging station infrastructure to support their long-range battery-electric vehicle are expected to fuel the electric vehicle.

TRENDS INFLUENCING THE GROWTH OF ELECTRIC VEHICLE CHARGING INFRASTRUCTURE MARKET

The increasing demand for EVs coupled with government initiatives is expected to drive the growth of the EV charging infrastructure market. The demand for EVs has been growing in line with the rising awareness about environmental sustainability and the stringent limits several governments are putting on vehicular emissions. Private companies are focusing on developing innovative EV chargers and charging stations, and governments are collaborating with these companies for rolling out EV Charging Infrastructure. 

Furthermore, technologies such as RFID and NFC have permitted the installation of interactive, kiosk-based, and self-operated charging stations within highway charging stations. Such technological advancements are expected to boost the growth of the EV charging infrastructure market.   

The standardization of charging stations connectors is expected to further boost the EV charging infrastructure market growth. For EV drivers, range anxiety is a significant worry due to battery capacity limitations. Advancements like fast-charging stations will benefit drivers by increasing the availability of compatible power sources to replenish their batteries.

EV CHARGING INFRASTRUCTURE MARKET SHARE ANALYSIS:

The commercial segment is expected to be the most lucrative during the forecast period owing to the initiatives and allocation of funding by the governments and automobile manufactures for expanding the public Electric Vehicle Charging Infrastructure. Several public transportation authorities are also collaborating with automobile manufacturers to create charging stations for electric buses.

North America is expected to be the most lucrative segment during the forecast period. This dominance of North America is attributed to the stringent vehicle emission standards and focus on the R&D of EV charging stations.

Major Players in the EV Charging Infrastructure Market

  • ChargePoint, Inc.
  • AeroVironment Inc.
  • Chargemaster Plc
  • General Electric
  • Leviton Manufacturing Co., Inc.
  • Eaton Corporation
  • SemaConnect, Inc.
  • Tesla Motors, Inc.
  • Schneider Electric
  • ABB
  • Siemens AG
  • ClipperCreek, Inc
  • Delphi Automotive LLP
Tags: ACAlternating CurrentAutomotiveDCDirect CurrentEV charging
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Fuel Cell Vehicle Market

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

by Palak
September 8, 2025
0

The automotive industry is experiencing a profound transformation as the world shifts toward sustainable energy solutions. While battery electric vehicles...

EV Battery Revolution

What’s Holding Back the EV Battery Revolution?

by Palak
September 4, 2025
0

The Electric Vehicle (EV) Battery Market is at the center of the global clean mobility transition. With EV adoption accelerating...

Autonomous Driving Software

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

by Palak
September 3, 2025
0

The rise of self-driving technology is reshaping global mobility, creating a wave of opportunities across software, hardware, and services. Among...

Electric Vehicle Polymers Market

What Challenges Could Slow Down the Electric Vehicle Polymers Market?

by Palak
September 2, 2025
0

The global automotive industry is undergoing a massive transformation with the rapid adoption of electric vehicles (EVs). Among the many...

Building Insulation Market

Top Innovations Driving the Future of the Building Insulation Market

by Palak
August 30, 2025
0

The global construction industry is undergoing a major transformation, with sustainability, energy efficiency, and advanced materials becoming the cornerstones of...

Next Post
Zenith Energy

Zenith Energy Announced Increase in Supply of Renewable Fuel

Renewable Energy

Advance Lead-Acid Battery – A Pathway For India’s Renewable Energy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Vikram Solar

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

September 8, 2025
Fuel Cell Vehicle Market

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

September 8, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Vikram Solar Bags 336 MW Module Supply Order from L&T for Khavda Project

What Are the Latest Technological Innovations in Fuel Cell Vehicles?

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved