EMEA Market Outlook 2021 - Electric Vehicles and Charging Infrastructure 2020-2030

With the increase in electrification, in most countries in the EMEA region, the number of EVs is expected to increase dramatically in the coming years. This in turn will lead to a higher number of private charging points, specifically in the residential sector.

With stricter directives for electrification, released under the European Green Deal in July 2021, coming into play, many more countries have started investing in their charging infrastructure. This includes chargers installed in residential, destination and en route applications specifically..

To meet country-level electrification targets, many Charging Point Operators (CPOs) and businesses are shifting their focus on installing charging points across major roads, highways and destination locations. Chargers installed in these locations will mostly include DC charging.

There is significant growth to be seen in the DC 0-30kW category with a CAGR of 102% from 2020 -2030. Most of these chargers will be deployed in workplaces, depots and multi-family homes. This increase is largely due to the up-and-coming V2G technology which is highly likely to gain some market share in the future.

AC chargers, with capacity less than 11 kW, will eventually lose market share in the public charging landscape except in a few countries like the UK, where on-street charging is very much in focus. Public charging infrastructure in most countries is shifting from low power 50kW DC to higher capacities of DC, whereas for private charging, most governments such as Germany are incentivizing the installation of AC charging points with capacity 11 kW or more.