Global EV charging infrastructure market to grow by USD 17.64 bn during 2020-2024

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The electric vehicle charging infrastructure market is poised to grow by USD 17.64 billion during 2020-2024, progressing at a CAGR of 52% during the forecast period says the report of Technavio . The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., BP Plc, ChargePoint Inc., E.ON SE, EnBW Energie Baden Wurttemberg AG, EVgo Services LLC, Royal Dutch Shell Plc, Siemens AG, The Mobility House GmbH, and Webasto SE. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Electric Vehicle Charging Infrastructure Market is segmented as below:

  • Type
    • AC
    • DC
  • Geographic Landscape
    • APAC
    • North America
    • Europe
    • MEA
    • South America
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