The electric vehicle charger market size has grown exponentially in recent years. It will grow from $14.8 billion in 2025 to $18.78 billion in 2026 at a compound annual growth rate (CAGR) of 27%. The growth in the historic period can be attributed to rise in residential EV charger installations, increase in commercial charging station deployment, adoption in public fast and ultra-fast charging networks, growth in BEV, PHEV, and HEV adoption, expansion of on-board and off-board charger utilization.
The electric vehicle charger market size is expected to see exponential growth in the next few years. It will grow to $47.13 billion in 2030 at a compound annual growth rate (CAGR) of 25.9%. The growth in the forecast period can be attributed to increase in ultra-fast charging infrastructure, rising deployment of DC fast chargers, growth in smart network management and IoT-enabled monitoring, expansion in commercial and residential charging solutions, increase in EV fleet charging solutions. Major trends in the forecast period include integration of AI-based ev chargers, deployment of smart charging networks, adoption of fast dc and ultra-fast chargers, implementation of IoT-enabled charging management, expansion of residential and commercial ev charging solutions.
The electric vehicle charger market is expected to receive a boost from the expanding residential sector. As a critical segment of the economy and society, the residential sector encompasses the housing and living arrangements of individuals, families, and households. Electric vehicle (EV) chargers in residential areas offer convenience, cost savings, and environmental benefits, along with considerations for efficiency, lifespan, and safety. In October 2023, data from the United States Census Bureau revealed a 13.8% increase in privately owned housing units approved by building permits on a seasonally adjusted yearly basis, indicating a growing residential sector. This expansion in the residential sector is a key factor propelling the growth of the electric vehicle charger market.
Leading companies in the electric vehicle (EV) charger market are concentrating on developing cutting-edge solutions, such as the Fastest DC Charger, to improve the EV charging experience. The Fastest DC Charger is a type of EV charging station that uses direct current (DC) to deliver high power, enabling rapid battery charging for electric vehicles. For example, in May 2024, Exicom Tele-Systems Ltd., an India-based EV charging provider, launched the Harmony Gen 1.5, a high-performance DC fast charger tailored for electric vehicles. This solution is designed to meet the growing demand for efficient and user-friendly EV charging amid the rapid expansion of the EV market. With modular construction supporting power outputs from 60 kW to 400 kW and an efficiency rating exceeding 95%, it accommodates a range of vehicles while ensuring high performance.
In August 2024, Exicom Tele-Systems Ltd, an India-based provider of eco-friendly EV charging solutions and critical power systems for homes and businesses, acquired Tritium for USD 37 million. This acquisition supports Exicom's commitment to advancing a sustainable future by expanding its global EV infrastructure and charging solutions. Tritium, an Australia-based company, specializes in the design and manufacturing of patented hardware and software for developing DC fast chargers for electric vehicles.
Major companies operating in the electric vehicle charger market are ABB Group, AeroVironment Inc., ChargePoint Inc., BP Chargemaster, Evatran Group Inc., Leviton Manufacturing Co. Inc., Webasto SE, Eaton Corporation plc, Schneider Electric SE, Siemens AG, Électricité de France S.A. (EDF), POD Point Ltd., IES Synergy, Efacec Power Solutions S.A., HyundAI Motor Company, Alfen N.V., Allego B.V., ClipperCreek Inc., Continental AG, Magna International Inc., SemaConnect Inc., TGOOD Global Ltd., ZF Friedrichshafen AG, Robert Bosch GmbH, Delta Electronics Inc., Cyber Switching Inc., Tesla Inc., EVgo Services LLC, Electrify America LLC, Blink Charging Co., Tritium Pty Ltd., Enel X, Wallbox Chargers S.L., EVBox Group, BorgWarner Inc.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are creating both challenges and opportunities for the electric vehicle charger market by increasing costs of imported charging units, power electronics, and connectivity components. Residential, commercial, and public fast charging segments in Asia-Pacific, North America, and Europe are most affected due to heavy reliance on imported EVSE technology. While these tariffs have led to higher production costs and potential deployment delays, they are also driving local manufacturing initiatives, encouraging regional sourcing strategies, and spurring innovation in fast and ultra-fast charging technologies, which help improve infrastructure readiness, enhance supply chain resilience, and accelerate adoption of EV chargers across multiple applications.
The electric vehicle charger market research report is one of a series of new reports that provides electric vehicle charger market statistics, including electric vehicle charger industry global market size, regional shares, competitors with an electric vehicle charger market share, detailed electric vehicle charger market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle charger industry. This electric vehicle charger market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
An electric vehicle charger is a device designed to deliver energy to the battery system of an electric vehicle (EV) over a specific period. It is a component of electric vehicle supply equipment that furnishes electrical power to plug-in electric automobiles.
The main types of vehicles compatible with electric vehicle chargers are battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV). Battery electric vehicles utilize an electric motor instead of an internal combustion engine, relying on a traction battery pack that requires charging through a designated outlet. The different charging types include on-board chargers and off-board chargers. These chargers find applications in various end-use sectors, including residential and commercial settings.Asia-Pacific was the largest region in the electric vehicle charger market in 2025. The regions covered in the electric vehicle charger market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric vehicle charger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electric vehicle charger market consists of sales of on-board electric vehicle chargers and off-board electric vehicle chargers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The electric vehicle charger market size is expected to see exponential growth in the next few years. It will grow to $47.13 billion in 2030 at a compound annual growth rate (CAGR) of 25.9%. The growth in the forecast period can be attributed to increase in ultra-fast charging infrastructure, rising deployment of DC fast chargers, growth in smart network management and IoT-enabled monitoring, expansion in commercial and residential charging solutions, increase in EV fleet charging solutions. Major trends in the forecast period include integration of AI-based ev chargers, deployment of smart charging networks, adoption of fast dc and ultra-fast chargers, implementation of IoT-enabled charging management, expansion of residential and commercial ev charging solutions.
The electric vehicle charger market is expected to receive a boost from the expanding residential sector. As a critical segment of the economy and society, the residential sector encompasses the housing and living arrangements of individuals, families, and households. Electric vehicle (EV) chargers in residential areas offer convenience, cost savings, and environmental benefits, along with considerations for efficiency, lifespan, and safety. In October 2023, data from the United States Census Bureau revealed a 13.8% increase in privately owned housing units approved by building permits on a seasonally adjusted yearly basis, indicating a growing residential sector. This expansion in the residential sector is a key factor propelling the growth of the electric vehicle charger market.
Leading companies in the electric vehicle (EV) charger market are concentrating on developing cutting-edge solutions, such as the Fastest DC Charger, to improve the EV charging experience. The Fastest DC Charger is a type of EV charging station that uses direct current (DC) to deliver high power, enabling rapid battery charging for electric vehicles. For example, in May 2024, Exicom Tele-Systems Ltd., an India-based EV charging provider, launched the Harmony Gen 1.5, a high-performance DC fast charger tailored for electric vehicles. This solution is designed to meet the growing demand for efficient and user-friendly EV charging amid the rapid expansion of the EV market. With modular construction supporting power outputs from 60 kW to 400 kW and an efficiency rating exceeding 95%, it accommodates a range of vehicles while ensuring high performance.
In August 2024, Exicom Tele-Systems Ltd, an India-based provider of eco-friendly EV charging solutions and critical power systems for homes and businesses, acquired Tritium for USD 37 million. This acquisition supports Exicom's commitment to advancing a sustainable future by expanding its global EV infrastructure and charging solutions. Tritium, an Australia-based company, specializes in the design and manufacturing of patented hardware and software for developing DC fast chargers for electric vehicles.
Major companies operating in the electric vehicle charger market are ABB Group, AeroVironment Inc., ChargePoint Inc., BP Chargemaster, Evatran Group Inc., Leviton Manufacturing Co. Inc., Webasto SE, Eaton Corporation plc, Schneider Electric SE, Siemens AG, Électricité de France S.A. (EDF), POD Point Ltd., IES Synergy, Efacec Power Solutions S.A., HyundAI Motor Company, Alfen N.V., Allego B.V., ClipperCreek Inc., Continental AG, Magna International Inc., SemaConnect Inc., TGOOD Global Ltd., ZF Friedrichshafen AG, Robert Bosch GmbH, Delta Electronics Inc., Cyber Switching Inc., Tesla Inc., EVgo Services LLC, Electrify America LLC, Blink Charging Co., Tritium Pty Ltd., Enel X, Wallbox Chargers S.L., EVBox Group, BorgWarner Inc.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are creating both challenges and opportunities for the electric vehicle charger market by increasing costs of imported charging units, power electronics, and connectivity components. Residential, commercial, and public fast charging segments in Asia-Pacific, North America, and Europe are most affected due to heavy reliance on imported EVSE technology. While these tariffs have led to higher production costs and potential deployment delays, they are also driving local manufacturing initiatives, encouraging regional sourcing strategies, and spurring innovation in fast and ultra-fast charging technologies, which help improve infrastructure readiness, enhance supply chain resilience, and accelerate adoption of EV chargers across multiple applications.
The electric vehicle charger market research report is one of a series of new reports that provides electric vehicle charger market statistics, including electric vehicle charger industry global market size, regional shares, competitors with an electric vehicle charger market share, detailed electric vehicle charger market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle charger industry. This electric vehicle charger market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
An electric vehicle charger is a device designed to deliver energy to the battery system of an electric vehicle (EV) over a specific period. It is a component of electric vehicle supply equipment that furnishes electrical power to plug-in electric automobiles.
The main types of vehicles compatible with electric vehicle chargers are battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV). Battery electric vehicles utilize an electric motor instead of an internal combustion engine, relying on a traction battery pack that requires charging through a designated outlet. The different charging types include on-board chargers and off-board chargers. These chargers find applications in various end-use sectors, including residential and commercial settings.Asia-Pacific was the largest region in the electric vehicle charger market in 2025. The regions covered in the electric vehicle charger market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric vehicle charger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electric vehicle charger market consists of sales of on-board electric vehicle chargers and off-board electric vehicle chargers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Electric Vehicle Charger Market Characteristics
3. Electric Vehicle Charger Market Supply Chain Analysis
4. Global Electric Vehicle Charger Market Trends and Strategies
5. Electric Vehicle Charger Market Analysis of End Use Industries
7. Global Electric Vehicle Charger Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Electric Vehicle Charger Total Addressable Market (TAM) Analysis for the Market
9. Electric Vehicle Charger Market Segmentation
10. Electric Vehicle Charger Market Regional and Country Analysis
11. Asia-Pacific Electric Vehicle Charger Market
12. China Electric Vehicle Charger Market
13. India Electric Vehicle Charger Market
14. Japan Electric Vehicle Charger Market
15. Australia Electric Vehicle Charger Market
16. Indonesia Electric Vehicle Charger Market
17. South Korea Electric Vehicle Charger Market
18. Taiwan Electric Vehicle Charger Market
19. South East Asia Electric Vehicle Charger Market
20. Western Europe Electric Vehicle Charger Market
21. UK Electric Vehicle Charger Market
22. Germany Electric Vehicle Charger Market
23. France Electric Vehicle Charger Market
24. Italy Electric Vehicle Charger Market
25. Spain Electric Vehicle Charger Market
26. Eastern Europe Electric Vehicle Charger Market
27. Russia Electric Vehicle Charger Market
28. North America Electric Vehicle Charger Market
29. USA Electric Vehicle Charger Market
30. Canada Electric Vehicle Charger Market
31. South America Electric Vehicle Charger Market
32. Brazil Electric Vehicle Charger Market
33. Middle East Electric Vehicle Charger Market
34. Africa Electric Vehicle Charger Market
36. Electric Vehicle Charger Market Competitive Landscape and Company Profiles
37. Electric Vehicle Charger Market Other Major and Innovative Companies
40. Electric Vehicle Charger Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Electric Vehicle Charger Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses electric vehicle charger market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for electric vehicle charger? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electric vehicle charger market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Vehicle Type: Battery Electric Vehicle (BEV); Plug-in Hybrid Electric Vehicle (PHEV); Hybrid Electric Vehicle (HEV)2) By Charging Type: On-Board Chargers; Off-Board Chargers
3) By End-User: Residential; Commercial
Subsegments:
1) By Battery Electric Vehicle (BEV): Residential Charging Stations; Public Fast Charging Stations; Ultra-Fast Charging Stations2) By Plug-in Hybrid Electric Vehicle (PHEV): Level 1 Chargers; Level 2 Chargers; Fast Chargers
3) By Hybrid Electric Vehicle (HEV): Level 1 Chargers; Specialized Charging Stations for HEVs
Companies Mentioned: ABB Group; AeroVironment Inc.; ChargePoint Inc.; BP Chargemaster; Evatran Group Inc.; Leviton Manufacturing Co. Inc.; Webasto SE; Eaton Corporation plc; Schneider Electric SE; Siemens AG; Électricité de France S.A. (EDF); POD Point Ltd.; IES Synergy; Efacec Power Solutions S.A.; Hyundai Motor Company; Alfen N.V.; Allego B.V.; ClipperCreek Inc.; Continental AG; Magna International Inc.; SemaConnect Inc.; TGOOD Global Ltd.; ZF Friedrichshafen AG; Robert Bosch GmbH; Delta Electronics Inc.; Cyber Switching Inc.; Tesla Inc.; EVgo Services LLC; Electrify America LLC; Blink Charging Co.; Tritium Pty Ltd.; Enel X; Wallbox Chargers S.L.; EVBox Group; BorgWarner Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Electric Vehicle Charger market report include:- ABB Group
- AeroVironment Inc.
- ChargePoint Inc.
- BP Chargemaster
- Evatran Group Inc.
- Leviton Manufacturing Co. Inc.
- Webasto SE
- Eaton Corporation plc
- Schneider Electric SE
- Siemens AG
- Électricité de France S.A. (EDF)
- POD Point Ltd.
- IES Synergy
- Efacec Power Solutions S.A.
- Hyundai Motor Company
- Alfen N.V.
- Allego B.V.
- ClipperCreek Inc.
- Continental AG
- Magna International Inc.
- SemaConnect Inc.
- TGOOD Global Ltd.
- ZF Friedrichshafen AG
- Robert Bosch GmbH
- Delta Electronics Inc.
- Cyber Switching Inc.
- Tesla Inc.
- EVgo Services LLC
- Electrify America LLC
- Blink Charging Co.
- Tritium Pty Ltd.
- Enel X
- Wallbox Chargers S.L.
- EVBox Group
- BorgWarner Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 18.78 Billion |
| Forecasted Market Value ( USD | $ 47.13 Billion |
| Compound Annual Growth Rate | 25.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 36 |
