Onsite Solar Electric Vehicle (EV) Charging Global Market Report 2025

The onsite solar electric vehicle (EV) charging market size has grown exponentially in recent years. It will grow from $0.97 billion in 2024 to $1.21 billion in 2025 at a compound annual growth rate (CAGR) of 23.7%. The growth during the historic period can be attributed to the expanding availability of energy storage solutions, growing policy support for clean energy, rising demand for reliable charging infrastructure, increasing accessibility of energy storage technologies, and the growing emphasis on achieving energy independence.

The onsite solar electric vehicle (EV) charging market size is expected to see exponential growth in the next few years. It will grow to $2.79 billion in 2029 at a compound annual growth rate (CAGR) of 23.4%. The growth in the forecast period can be attributed to the rising demand for off-grid and remote charging solutions, the increasing number of commercial and residential solar installations, the growing emphasis on corporate sustainability initiatives, the rising consumer preference for sustainable mobility, and the increasing awareness of carbon footprint reduction. Major trends during the forecast period include advancements in battery storage efficiency, enhanced solar panel integration, innovations in bi-directional charging systems, progress in off-grid solar solutions, and the development of advanced charging infrastructure for fleet electrification.

The increasing adoption of renewable energy sources is expected to drive the growth of the onsite solar electric vehicle (EV) charging market going forward. Renewable energy sources refer to naturally replenishing resources such as sunlight, wind, water (hydropower), biomass, and geothermal heat that can be utilized to generate sustainable energy. The adoption of renewable energy is increasing due to growing environmental concerns, as individuals and governments seek cleaner alternatives to reduce greenhouse gas emissions, combat climate change, and lessen dependence on fossil fuels. The expanding use of renewable energy sources supports onsite solar EV charging by providing clean, sustainable power that enables electric vehicle charging infrastructure to operate efficiently while minimizing environmental impact. For instance, in December 2024, according to Eurostat, a Luxembourg-based government agency, renewable energy accounted for 24.5% of total energy consumption in the European Union (EU) in 2023, up from 23% in 2022. Therefore, the growing adoption of renewable energy sources is fueling the growth of the onsite solar electric vehicle (EV) charging market.

Major companies operating in the onsite solar electric vehicle (EV) charging market are increasingly focusing on leveraging advanced technologies such as Internet of Things (IoT)-enabled remote monitoring and control to optimize energy usage, reduce costs, and enhance charging efficiency. IoT-enabled remote monitoring and control involve connecting devices such as EV chargers to the internet, allowing users to monitor, manage, and control them remotely. This technology helps optimize energy consumption, schedule charging, prevent overloads, and lower operational expenses. For example, in May 2025, SolarEdge Technologies Inc., an Israel-based manufacturing company, introduced its One EV Charger, a 22 kW electric vehicle charger designed to integrate with on-site solar energy systems. The charger supports both single- and three-phase connections, automatically prioritizes solar power over grid charging, and allows users to remotely monitor and manage charging schedules via SolarEdge applications. Featuring IoT-enabled capabilities, the device enhances energy utilization, reduces operational costs, and improves charging efficiency for commercial, industrial, and residential applications. It is suitable for both indoor and outdoor installations and is available in standard and Pro versions, with the Pro model including an eSIM card, OLED display, and advanced smart functionalities. Additionally, users can configure intelligent scheduling to take advantage of lower electricity rates, implement peak shaving through import limitations, and ensure protection against power surges.

In August 2025, EDF Energy Customers Ltd., a UK-based energy utility company, acquired Pod Point Group Holdings PLC for an undisclosed amount. This acquisition aims to accelerate the UK’s electrification initiatives, enhance energy security, and expand EV charging infrastructure. It supports the transition to a low-carbon economy by promoting affordable, sustainable energy and advancing smart charging technologies integrated with the electricity grid. Pod Point is a UK-based provider of solar-powered EV charging solutions.

Major players in the onsite solar electric vehicle (EV) charging market are TotalEnergies SE, Tesla Inc., ENGIE SA, Siemens AG, Schneider Electric SE, Asea Brown Boveri Ltd, Delta Electronics Inc., Solaredge Technologies Inc., Enphase Energy Inc., Tata Power Solar Systems Ltd., ChargePoint Holdings Inc., Enel X, Efacec Power Solutions S.G.P.S. S.A., Wallbox N.V., EVBox B.V., Blink Charging Co, Shenzhen Growatt New Energy Technology Co. Ltd., Beam Global, Heliox Group B.V., and Paired Power Inc.

North America was the largest region in the onsite solar electric vehicle (EV) charging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in onsite solar electric vehicle (EV) charging report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the utilities sector, particularly in power generation, grid infrastructure, and renewable energy projects. Higher duties on imported equipment such as turbines, transformers, solar panels, and battery storage systems have increased capital and operational costs for utility providers, forcing them to reconsider project timelines or pass on expenses to consumers through higher energy rates. The water and waste management segments are also affected, with tariffs driving up the cost of essential machinery, piping, and treatment technologies. Additionally, retaliatory tariffs have disrupted global supply chains for critical raw materials like rare earth metals used in clean energy technologies, further complicating the transition to sustainable energy sources. The sector must now prioritize domestic sourcing, digitalization, and efficiency-driven innovations to manage escalating costs while ensuring energy security and regulatory compliance.

The onsite solar electric vehicle (EV) charging market research report is one of a series of new reports that provides onsite solar electric vehicle (EV) charging market statistics, including onsite solar electric vehicle (EV) charging industry global market size, regional shares, competitors with the onsite solar electric vehicle (EV) charging market share, onsite solar electric vehicle (EV) charging market segments, market trends, and opportunities, and any further data you may need to thrive in the onsite solar electric vehicle (EV) charging industry. This onsite solar electric vehicle (EV) charging 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.

Onsite solar electric vehicle (EV) charging involves utilizing solar energy generated at a specific location to power EV charging stations. It combines photovoltaic (PV) systems with charging infrastructure to deliver clean, renewable electricity directly to vehicles. This method decreases dependence on grid electricity and reduces operational expenses while supporting sustainability initiatives by lowering carbon emissions and encouraging the use of renewable energy.

The primary components of onsite solar electric vehicle (EV) charging include solar panels, electric vehicle chargers, energy storage systems, power management systems, and others. Solar panels are devices that generate electricity from sunlight using photovoltaic technology. When incorporated into facilities, they help minimize dependence on conventional energy sources, reduce electricity expenses, and promote sustainable energy consumption. These systems can be deployed as new installations or retrofit installations and are utilized in various applications, including commercial, residential, industrial, public charging stations, and others.

The countries covered in the onsite solar electric vehicle (EV) charging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The onsite solar electric vehicle (EV) charging market consists of revenues earned by entities by providing services such as electricity sales, subscription and membership plans, charging-as-a-service, equipment installation, maintenance and operations, software and network management, and grid and energy management. The market value includes the value of related goods sold by the service provider or included within the service offering. The onsite solar electric vehicle (EV) charging market also includes sales of charging station kiosks, solar carports and canopies, smart meters, payment terminals, charging cables and connectors, protective switchgear, monitoring and display systems, and parking management systems. 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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