Electric Vehicle (EV) Charging Panelboard Market Report 2026

The electric vehicle (EV) charging panelboard market size has grown strongly in recent years. It will grow from $7.82 billion in 2025 to $8.5 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to early adoption of residential ev chargers, government incentives for ev infrastructure, expansion of commercial charging installations, rising electricity distribution upgrades, growth of fleet electrification pilots.

The electric vehicle (EV) charging panelboard market size is expected to see strong growth in the next few years. It will grow to $11.53 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to rapid expansion of public ev charging networks, increasing penetration of dc fast charging stations, growth of electric commercial vehicle fleets, rising demand for smart grid integration, large scale urban ev infrastructure projects. Major trends in the forecast period include growing deployment of smart and connected ev charging panelboards, rising adoption of high capacity multi vehicle charging boards, increasing focus on safety and load management features, expansion of dc fast charging compatible panelboards, growing integration of energy monitoring and control systems.

The growing adoption of electric vehicles is set to drive the electric vehicle charging panelboard market forward. Electric vehicles use electric motors instead of internal combustion engines, fueled by gasoline or diesel, making them increasingly popular due to environmental concerns, economic advantages, and supportive policies. Electric vehicle charging panelboards are crucial for managing and distributing electrical power to multiple chargers, ensuring safety, efficiency, and scalability. They play a vital role in developing the infrastructure needed to support the widespread adoption of electric vehicles. For example, in April 2024, the International Energy Agency reported a 35% annual increase, with electric vehicle sales rising by 3.5 million in 2023 compared to 2022, underscoring the market's growth trajectory.

Leading companies in the electric vehicle (EV) charging panelboard market are focusing on technological innovations such as modular and intelligent control systems to improve charging efficiency, safety, and scalability in industrial applications. Intelligent control systems combine monitoring, load management, and automated protection features to ensure reliable and optimized EV charging. For example, in June 2025, Swastik, an India-based electrical solutions company, launched industrial EV charging control panels designed for high-capacity installations, offering real-time monitoring, overload protection, and flexible configuration options. These advanced panels allow industrial facilities to efficiently manage multiple EV charging points, optimize energy usage, and support the growing adoption of electric vehicles in commercial and industrial settings.

In January 2024, MAN, a Germany-based commercial vehicle manufacturer, entered a collaboration with ABB E-mobility to advance high-power charging stations, explore innovative electric vehicle integrations, and develop software solutions tailored for electric trucks. ABB E-mobility, headquartered in Switzerland, specializes in charging solutions for electric vehicles, emphasizing the strategic growth and innovation in this sector.

Major companies operating in the electric vehicle (EV) charging panelboard market are Tesla Inc., Siemens AG, General Electric (GE), Schneider Electric, ABB Group, Eaton Corporation, Delta Electronics, Phoenix Contact, Leviton Manufacturing Compan, Inc., Schaltbau Holding AG, Phihong Technology, Mennekes Elektrotechnik GmbH & Co. KG, EFACEC Power Solutions SGPS S.A, ChargePoint Inc., The Mobility House, Wallbox, Allego, EVBox, POD Point, Webasto Charging Systems, I-Gard Corporation, CIRCONTROL, Pulse Power, EVTeQ.

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 on electrical switchgear, copper components, power electronics, and panelboard manufacturing equipment have increased production costs and impacted supply chains in the ev charging panelboard market. Multi vehicle and level 3 charging panelboards are most affected, particularly in North America, Europe, and Asia Pacific where imported electrical components are widely used. These tariffs have resulted in higher installation costs for commercial and public charging infrastructure. However, they are also encouraging domestic manufacturing, localized sourcing of electrical components, and innovation in cost optimized and modular panelboard designs to support long term ev infrastructure growth.

The electric vehicle (EV) charging panelboard market research report is one of a series of new reports that provides electric vehicle (EV) charging panelboard market statistics, including electric vehicle (EV) charging panelboard industry global market size, regional shares, competitors with a electric vehicle (EV) charging panelboard market share, detailed electric vehicle (EV) charging panelboard market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle (EV) charging panelboard industry. This electric vehicle (EV) charging panelboard 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 (EV) charging panelboard functions as a specialized electrical distribution board designed to manage and distribute power specifically for electric vehicle charging stations. Serving as a central hub, it ensures the safe and efficient transmission of electricity from the main power source to individual EV chargers. This component is indispensable in the infrastructure of EV charging networks, whether for residential, commercial, or public use.

There are distinct types of electric vehicle (EV) charging panelboards categorized by charging level, level 1, level 2, and level 3. Level 1 charging utilizes a standard 120-volt household outlet and represents the most basic method of charging electric vehicles. It offers the slowest charging rate among these levels, typically adding 2-5 miles of range per hour of charging. This level is ideally suited for overnight charging at home or in settings where rapid charging is unnecessary. It remains widely preferred by electric vehicle owners for their everyday charging requirements. The board's capacity includes single-vehicle and multiple-vehicle charging panelboards, serving various applications such as private, semi-public, and public settings, and catering to end-users including individuals, fleet operators, commercial entities, and others.Asia-Pacific was the largest region in the electric vehicle (EV) charging panelboard market in 2025. The regions covered in the electric vehicle (EV) charging panelboard 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 (EV) charging panelboard market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric Vehicle (EV) charging panelboard market consist of sales of smart electric vehicle charging panelboards, industrial electric vehicle charging panelboards, fleet electric vehicle charging panelboards, and public electric vehicle charging panelboards. 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.

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