Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Electric Vehicle (EV) Charging Station Market to Ascend New Heights of Growth worth Approximately US$ 40.10 billion by 2028 with A CAGR Of 44.1% during 2021 to 2028 - Zion Market Research

This image opens in the lightbox

News provided by

Zion Market Research

28 Oct, 2021, 16:00 GMT

Share this article

Share toX

Share this article

Share toX

NEW YORK, Oct. 28, 2021 /PRNewswire/ -- As per the findings of Zion Market Research study, Electric Vehicle Charging Station industry amassed revenue about US$ 5.02 billion in 2020 and is slated to accrue earnings worth approximately US$ 40.10 billion by 2028. The Electric Vehicle Charging Station market is projected to register highest gains of approximately 44.1% in 2021-2028. In addition to this, lack of access to efficient charging tools can become a bottleneck to sale of electric vehicles. With low costs & subsidies provided by governments for electric vehicle purchase, it has become a need of an hour for setting up electric vehicle charging stations at every few miles. Moreover, smart city concept is becoming an aphorism and this will further escalate demand for having strong automotive infrastructure facilities even in remote areas.

All these aforementioned factors are expected to drive growth of electric vehicle charging station market over assessment timeline. Millions of electric vehicles are projected to hit roads in coming decade and this will culminate into humungous necessity for fast charging, thereby driving electric vehicle charging station market trends. In addition to this, with industry becoming highly competitive, providers must differentiate their services as well as adopt effective service recovery strategies.

For the record, sale of battery-electric vehicles is set to increase over 26% yearly by 2030. Moreover, reduction in battery costs and overall ownership costs along with rise in electrification of fleet and standard norms & protocols for regulating fuel emissions by EU and countries such as the U.S. has enhanced popularity of electric vehicles across globe, thereby driving industry growth. Green energy trends across globe will further enhance expansion of electric vehicle charging station industry over forecasting years.

Get Free Sample of this Research Report for more Insights with Table of Content, Research Methodology and Graphs - https://www.zionmarketresearch.com/sample/electric-vehicle-charging-station-market

Need For Sustainable & Energy Efficient Transport to Drive Market Trends

Growing concerns pertaining to fuel emissions and renewable energy trends are projected to steer growth of electric vehicle charging station market over forecast timespan. Due to COVID-19 outbreak, governments across globe are focusing on healthcare activities and brining improvement in automotive infrastructure along with reducing fuel emissions. This, in turn, will further steer expansion of electric vehicle charging station market over years ahead. Apart from this, government incentives prompting use of electric automotive and increase in production of electric vehicles with a view to reduce greenhouse effects will define growth of electric vehicle charging station industry over years ahead.

Furthermore, there is a prominent surge in percentage of public charging activities at service stations, retailer parking lots, and public parking spaces in developed economies and this is likely to translate into expansion of electric vehicle charging station industry over forecasting timespan. It is more likely that public charging points in Europe is predicted to increase manifold in coming years and this will steer overall market growth in upcoming years.

Request for Customization on this Report as per your requirements - https://www.zionmarketresearch.com/custom/3368

Europe to Contribute Majorly Towards Overall Market Share By 2027

Growth of electric vehicle charging station market in Europe during forecast timespan can be credited to large-scale demand for electric charging from both public as well as private charging in Europe. For the record, twenty-seven member states of EU generates nearly 3,000 TWh of electricity each year with demand for electric vehicle accounting for only slight over 0.1%. Reportedly, at 86 TWh, the demand for charging electric vehicles will contribute nearly below 3% of overall electricity production by 2030 and this is an increase in demand for electricity. Nonetheless, it is projected that nearly 40 % to 50% of power supply for electric vehicle charging is going to be supplied by public chargers (including those based at semi-public stations like supermarket parking locations) at reasonable charges. All these aforementioned aspects will steer growth of electric vehicle charging station market in Europe.

Key players influencing market growth and profiled in report are Engie, ABB, AeroVironment, ChargePoint, Inc., Schneider Electric, Siemens, Tesla, EVgo, Alfen, and Blink Charging.

This review is based on a report by Zion Market Research, titled, "Global Electric Vehicle Charging Station Market - by Application (Residential and Commercial), by Charging (Level 1, Level 2, and DC Fast Charging (3 Phase)), and by Standards (CHAdeMO, SAE, CSS, Tesla Supercharger, and Others): Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028."

Inquire before Purchase of this Research Report - https://www.zionmarketresearch.com/inquiry/electric-vehicle-charging-station-market

The report segments the global electric vehicle charging station market as follows:

By Application

  • Residential
  • Commercial

By Charging

  • Level 1
  • Level 2
  • DC fast charging (3 Phase)

By Standards

  • CHAdeMO
  • SAE 
  • CSS
  • Tesla supercharger
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Browse Other Related Research Reports by Zion Market Research

  • Electric Vehicle Battery Market - https://www.zionmarketresearch.com/report/electric-vehicle-battery-market
  • Global Electric Vehicles Market - https://www.zionmarketresearch.com/report/electric-vehicles-market
  • Electric Vehicle Range Extender Market - https://www.zionmarketresearch.com/report/electric-vehicle-range-extender-market
  • Small Electric Vehicle Market - https://www.zionmarketresearch.com/report/small-electric-vehicle-market
  • EV Charging Cables Market - https://www.zionmarketresearch.com/report/ev-charging-cables-market
  • EV Charging Adapter Market - https://www.zionmarketresearch.com/report/ev-charging-adapter-market

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No +1-855-465-4651
US OFFICE NO +1-386-310-3803
Email: sales@zionmarketresearch.com 
Website: https://www.zionmarketresearch.com 
Blog – https://energyindustryreports.com/ 
Follow us on LinkedIn - https://www.linkedin.com/company/zion-market-research 
All Press Releases - https://www.zionmarketresearch.com/all-news

Logo: https://mma.prnewswire.com/media/1605489/Zion_Market_Research_Logo.jpg

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.