Public Charging Service Market Report 2026

The public charging service market size has grown exponentially in recent years. It will grow from $6.04 billion in 2025 to $8.14 billion in 2026 at a compound annual growth rate (CAGR) of 34.8%. The growth in the historic period can be attributed to rising adoption of electric vehicles, early government incentives for charging infrastructure, expansion of urban public parking facilities, initial rollout of AC public chargers, growing awareness of EV mobility.

The public charging service market size is expected to see exponential growth in the next few years. It will grow to $26.38 billion in 2030 at a compound annual growth rate (CAGR) of 34.2%. The growth in the forecast period can be attributed to increasing investments in national EV charging networks, rising demand for ultra-fast DC charging, expansion of smart grid integrated charging systems, increasing private sector participation, growing focus on seamless roaming and interoperability. Major trends in the forecast period include increasing deployment of fast and ultra-fast charging stations, expansion of highway and urban charging networks, growing integration of smart payment and billing systems, rising focus on charger interoperability standards, increased deployment of high-power charging infrastructure.

The increasing adoption of electric vehicles is expected to propel the growth of the public charging service market going forward. Electric vehicles (EVs) refer to vehicles that operate using an electric motor powered by energy stored in rechargeable batteries or other energy storage systems. The increasing adoption of electric vehicles is attributed to growing environmental concerns, government incentives, technological advancements, lower operating costs, improved charging infrastructure, rising fuel prices, and automaker investments. Public charging services are beneficial for electric vehicles by offering widespread access to charging stations, ensuring drivers can easily recharge their vehicles on the go. For instance, in 2024, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2023, electric car sales were 3.5 million units higher than in 2022, reflecting a 35% year-on-year growth. Therefore, increasing adoption of electric vehicles is driving the growth of the public charging service market.

Major companies operating in the public charging service market are focusing on developing technologically advanced solutions, such as digital platform integration, to enhance user convenience, streamline payment processes, optimize charging station availability, and provide seamless navigation for electric vehicle owners, ultimately driving the widespread adoption of electric mobility. Digital platform integration refers to the process of connecting various digital systems, services, and technologies into a unified platform to streamline operations and enhance user experience. For instance, in October 2023, AB Volvo, a Sweden-based manufacturing company, launched a new service for public charging of electric trucks. New service in Sweden that allows haulers to find and access public fast charging stations for heavy-duty electric trucks. The service integrates with Volvo Connect and a mobile app, offering features like payment and station availability. Future updates will include booking charging time and expanding the service to other European and global markets.

In August 2025, EDF Energy Customers Ltd, a UK-based energy company, acquired Pod Point Group Holdings PLC for an undisclosed amount. With this acquisition, EDF Energy aimed to strengthen its electric vehicle charging portfolio and accelerate the expansion of its electric mobility and public and residential charging infrastructure across the UK. Pod Point Group Holdings PLC is a UK-based electric vehicle charging technology company that specializes in providing home, workplace, and public EV charging solutions, along with operating a large-scale public charging network.

Major companies operating in the public charging service market are Shell plc, Hyundai Motor Company, Tesla Inc., Blink Charging Co., Schneider Electric SE, NaaS Technology Inc., Guangzhou Xiaopeng Automotive Technology, Leviton Manufacturing Company Inc., Robert Bosch GmbH, Alfen NV, Enel X Way S.r.l., Kempower Oyj, Mennekes Elektrotechnik GmbH & Co. KG, Wallbox N.V., Pod Point Limited, BP Pulse, IONITY GmbH, Circontrol S.A., SparkCharge Inc., E-mobility, Hopcharge Private Limited.

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

The public charging service market includes revenues earned by charging infrastructure services, payment and billing solutions, and location and navigation assistance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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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