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Private Electric Vehicle Charging Station Market Analysis

  • Report ID: 6548
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Private Electric Vehicle Charging Station Market Analysis

Current (AC, DC)

Based on the current, the DC segment is anticipated to account for more than 59.1% private electric vehicle charging stations market share by the end of 2037. It is predicted to hold USD 4.5 billion of the total market in 2025.  The segment growth is owed to its reduced energy loss efficiency, as they do not require an AC-to-DC converter. Higher power levels and fast charging capabilities are preferred for private use. In September 2024, NREL published a report stating, that the number of installed DC fast EV charging ports in the U.S. has increased by 8.2%. Ongoing developments aim to make these devices more compact and accessible for remote use. Furthermore, it influences the private EV charging station market to grow with greater investment opportunities.

Our in-depth analysis of the global market includes the following segments:

Current
  • AC
    • Level 1
    • Level 2
  • DC
    • DC Fast
    • Others
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Author Credits:  Saima Khursheed


  • Report ID: 6548
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the private electric vehicle charging station market was over USD 5.6 billion.

The market size for the private electric vehicle charging station market is projected to reach USD 171.6 billion by the end of 2037 expanding at a CAGR of 33.0% during the forecast period i.e., between 2025-2037.

The major players in the market are ABB, Blink Charging Co, CHAEVI, ChargePoint Inc, Delta Electronics, Inc, Eaton, Tata Power, Elli, EVBox, Leviton Manufacturing Co., Inc, Schneider Electric, Siemens, SK Signet, Volta, Zunder, and others.

In terms of current, the DC segment is anticipated to garner the largest market share of 59.1% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Asia Pacific is projected to hold the largest market share of 55.4% by the end of 2037 and provide more business opportunities in the future.
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