EV Charging: Market Forecasts, Key Opportunities & Challenges 2021-2026

The new EV Charging research report provides highly insightful analysis of the evolution of this highly dynamic market, the types of chargers and segments driving growth, their future prospects, and barriers to future growth. It provides a comprehensive study of the new developments and key trends driving this highly important market for both end users and EV (Electric Vehicle) manufacturers.

The report also positions 21 EV charging vendors in our the Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape in the market.

The report also presents extensive market forecasts; delivering detailed insights and overall market sizing across EV charging usage in terms of points in service, charging sessions, shipments of charging points, hardware and service revenue, split by the home, workplace and public segments. The forecast suite also includes forecasts for the installed base of both EVs and PHEVs (Plug-in Hybrid Vehicles).

This research suite comprises:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 months' access to harvest Online Data Platform

Key Market Statistics

Market size in 2021:

• $7.9bn

Market size in 2026:

• $35.1bn

2021 to 2026 CAGR:

• 34.59%

Key Features

Market Dynamics: Provides a detailed assessment of how the market is evolving, the leading segments, and what market forces will influence this highly dynamic market.

• Future Outlook & Value Chain Analysis: Future outlook for the development of electric vehicle charging, combined with a full exploration of the value chain in this highly congested market.

The Competitor Leaderboard: Key player capability and capacity assessment for 21 vendors:

• ABB
• AddÉnergie
• Blink Charging
• BP Pulse
• ChargePoint
• Delta Electronics
• Eaton
• Efacec
• Elmec
• Enel X
• EO Charging
• EVBox
• Garo
• KEBA Group
• NewMotion
• Pod Point
• Schneider Electric
• Siemens
• Tesla
• Tritium
• Webasto Group

Benchmark Industry Forecasts: Forecasts for EV charging points in service, charging sessions, hardware revenue and charging revenue, split by home, workplace and public, as well as EV and PHEV installed bases, shipments and hardware revenue, along with splits by our 8 key regions and the 25 countries listed below:

• Argentina
• Australia
• Brazil
• Canada
• China
• Colombia
• Denmark
• France
• Germany
• India
• Italy
• Japan
• Mexico
• Netherlands
• Norway
• Poland
• Portugal
• Saudi Arabia
• Singapore
• South Africa
• South Korea
• Spain
• Sweden
• UK
• US

Key Questions Answered

• What regions are leading the adoption of EV charging points?
• How extensive is the fragmentation in the electric vehicle charging market, and how will it be resolved?
• What is the anticipated market size for EV charging in 2026?
• Which vendors will drive progress in the market and what will their strategies be?
• How will electric vehicle charging vary across the home, public and workplace segments?

The forecast suite includes:

Forecast splits for 8 key regions, as well as 25 country-level data splits for:

EV charging forecasts for:

• Charging points in service, split by home, public and workplace
• Charging sessions, split by home, public and workplace
• Charging point hardware revenue, split by home, public and workplace
• Service revenue, split by home, public and workplace
• EV & PHEV installed bases, shipments and hardware revenue

Geographical splits: 25 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.