Global EV Charging Infrastructure Market
Charging Point Type (AC Charging Point, DC Charging Point)
The AC charging point segment is poised to hold the largest share of 89.7% in the electric vehicle (EV) charging infrastructure market during the forecast period. The continuous demand for AC charging points can be attributed to cost and flexibility, especially for residential applications. Companies collaborate to increase their presence in the market. For example, MG Motor India collaborated with Prestige Group to set up 100 EV chargers across residential properties in Bangalore in August 2023. Such developments offer a vital push for the growth in the adoption of home charging solutions.
Installation Type (Fixed, Portable)
By the end of 2037, fixed installation segment is estimated to capture around 78% electric vehicle charging infrastructure market share. Fixed installations are mainly deployed as they offer reliability, scalability, and seamless integration into existing infrastructures. Fixed stations provide robust and convenient charging, suitable for public charging networks and commercial applications. For instance, in July 2023, Siemens equipped 64 ENGIE Vianeo stations with 320 high-power EV chargers, along freeway rest areas across France, thereby showing the scalability and efficiency of fixed infrastructure in high-traffic places even further.
Application (Private, Semi-Public, Public)
In electric vehicle charging infrastructure market, private segment is expected to account for around 73.5% revenue share by 2037. The factors driving the growth include easy installation and minimal infrastructure updates, which the public charging stations do not offer and minima. Partnerships among other market players are further supporting the segment's growth. For instance, in June 2024, Blink Charging Co. and Envoy Technologies Inc. collaborated to deliver shared EVs on-site among the residents. This move boosts the convenience and sustainability among the residents, consequently increasing the demand for private charging solutions.
Our in-depth analysis of the electric vehicle (EV) charging infrastructure market includes the following segments:
Segment |
Subsegments |
Charging Level |
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Charging Point Type |
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Installation Type |
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Application |
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Charging Infrastructure Component |
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Author Credits: Saima Khursheed
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