Electric Mobility Chargers Market Report 2026

The electric mobility chargers market size has grown exponentially in recent years. It will grow from $18.13 billion in 2025 to $23.14 billion in 2026 at a compound annual growth rate (CAGR) of 27.6%. The growth in the historic period can be attributed to rising electric vehicle adoption, early charging infrastructure rollout, government incentives, urban charging pilots, residential ev charging demand.

The electric mobility chargers market size is expected to see exponential growth in the next few years. It will grow to $59.96 billion in 2030 at a compound annual growth rate (CAGR) of 26.9%. The growth in the forecast period can be attributed to mass ev penetration, ultra-fast charging development, vehicle-to-grid integration, smart grid investments, wireless charging innovation. Major trends in the forecast period include expansion of fast charging networks, growth of smart and connected chargers, adoption of public charging infrastructure, integration of renewable energy, demand for interoperable charging systems.

The adoption of energy-efficient vehicles is expected to propel the growth of the electric mobility chargers market going forward. The adoption of energy-efficient vehicles is driven by reductions in greenhouse gas emissions, improved energy efficiency, enhanced energy security, grid optimization, and supportive sustainable policies. Electric mobility chargers are essential for recharging energy-efficient vehicles, enabling sustainable transportation by supplying the necessary power for electric and hybrid vehicle operation. For instance, in July 2023, according to the International Energy Agency, a France-based intergovernmental organization, over 2.3 million electric cars were sold in the first quarter of 2023, representing a 25% increase from the same period in 2022. By the end of 2023, sales were expected to reach 14 million, marking a 35% year-on-year increase, with growth accelerating in the second half of the year. Therefore, the adoption of energy-efficient vehicles is driving the growth of the electric mobility chargers market.

Key players in the electric mobility chargers market are focusing on developing advanced technologies, such as liquid-cooled charging systems, to maintain a competitive edge. Liquid-cooled charging systems utilize liquid to manage and dissipate the heat generated during the charging process of electric vehicles. For instance, in November 2023, Lotus Cars Ltd, a UK-based manufacturer of sports and racing cars, introduced Lotus' EV Charging Solutions. This new suite includes an ultra-fast 450 kW DC charger, a power cabinet, and a modular unit incorporating liquid-cooled technologies. The modular power cabinet is designed for high-energy environments such as motorway rest stops, offering up to 480 kW of power and the ability to charge up to four vehicles simultaneously.

In June 2024, Schneider Electric SE, a France-based energy company, acquired EV Connect Inc. for an undisclosed amount. This acquisition represents a strategic move for Schneider Electric to advance its position in the electric vehicle market and address the rising demand for dependable charging solutions. EV Connect Inc., a US-based company, specializes in electric mobility chargers.

Major companies operating in the electric mobility chargers market report include Siemens AG, Schneider Electric SE, ABB Ltd., Fortum Corporation, Bharat Electronics Limited, Leviton Manufacturing Company Inc., Exide Industries, Luminous Power Technologies, Karma Automotive LLC, Wallbox, EVBox BV, Tritium Ltd., Exicom Tele-Systems Ltd., ChargePoint Holdings Inc., Blink Charging Ltd., Volta Inc., Servotech Power Systems Ltd., Electrify America LLC, Tirex Chargers Pvt Ltd., Meras Plugins Pvt Ltd., AARGO Inc., Fermata Energy LLC.

Asia-Pacific was the largest region in the electric mobility chargers market in 2025. The regions covered in the electric mobility chargers market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric mobility chargers market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric mobility chargers market consists of sales of CCS (combined charging system), ultra-fast chargers, and wireless 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.

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