North America Electric Vehicle Charging Infrastructure Market (2024-2030) | Share, Value, Size, Outlook, Growth, Revenue, Analysis, Industry, Forecast, Companies & Trends

Market Forecast By Types (AC Charger, DC Charger), By Applications (Residential, Commercial & Others), By Key Countries (United States of America, Canada, Rest of North America), and competitive landscape

Product Code: ETC001957 Publication Date: Dec 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Topics Covered in the North America Electric Vehicle Charging Infrastructure Market Report

The North America Electric Vehicle Charging Infrastructure Market report thoroughly covers the market by type, by application, by countries and competitive Landscape. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America Electric Vehicle Charging Infrastructure Market Synopsis

The North America Electric Vehicle (EV) Charging Infrastructure market is a dynamic and evolving sector that reflects the region's commitment to sustainable transportation. The market overview reveals a landscape shaped by a combination of government initiatives, technological advancements, and the growing demand for electric vehicles. Additionally, the North America Electric Vehicle Charging Infrastructure industry is characterized by a robust and rapidly expanding network of charging stations. Governments in the region, at both the federal and state levels, have been actively promoting electric mobility through incentives, subsidies, and regulatory frameworks. The United States, in particular, has implemented policies to accelerate the adoption of electric vehicles, contributing to the growth of the charging infrastructure. With a focus on reducing greenhouse gas emissions and achieving environmental sustainability, North America is witnessing increased investments in charging infrastructure to meet the demands of a growing electric vehicle user base. Further, several trends shape the dynamics of the EV Charging Infrastructure market in North America. In addition, the region is experiencing a significant trend towards the deployment of high-speed charging solutions. Fast-charging stations, particularly along major highways and in urban centers, are becoming more prevalent to cater to the needs of electric vehicle users who prioritize quick and efficient charging. This trend aligns with the growing consumer expectations for a seamless and convenient charging experience, supporting long-distance travel and reducing range anxiety. Moreover, another noteworthy trend is the integration of smart technologies into the charging infrastructure. Smart charging solutions, encompassing features such as real-time monitoring, remote management, and payment integration, enhance the overall user experience. The adoption of smart technologies contributes to the creation of an interconnected and intelligent charging network, aligning with North America's reputation for embracing technological innovations across industries. In addition, collaborations between governments, private companies, and electric vehicle manufacturers are shaping the market. Partnerships are fostering innovation in charging technologies, driving standardization, and addressing interoperability challenges.

According to 6Wresearch, North America Electric Vehicle Charging Infrastructure Market size is projected to grow at a CAGR of 37.4% during 2024-2030. The North America Electric Vehicle (EV) Charging Infrastructure market is experiencing robust growth, driven by a convergence of factors that collectively contribute to the expansion and maturation of the charging network. These growth drivers underscore the region's commitment to fostering sustainable transportation and accommodating the increasing demand for electric vehicles. Further, one of the primary growth drivers is the strong support from governments at both the federal and state levels. In the United States, for example, federal incentives, tax credits, and grants have been implemented to encourage the adoption of electric vehicles and the development of charging infrastructure. States are also actively contributing with additional incentives and regulations that promote the deployment of charging stations. This cohesive governmental support creates a favorable environment for private investments, stimulates innovation, and addresses barriers to entry, facilitating the growth of the charging infrastructure. Additionally, the increasing awareness and acceptance of electric vehicles among consumers play a pivotal role in driving the growth of the charging infrastructure market. As the environmental consciousness of consumers grows, there is a rising demand for cleaner and more sustainable transportation options. This surge in interest translates into a higher adoption rate of electric vehicles, necessitating a parallel growth in charging infrastructure to meet the charging needs of an expanding user base. Consumer preferences for electric vehicles are influenced by factors such as lower operating costs, reduced environmental impact, and advancements in electric vehicle technology, contributing to the sustained growth of the charging network.

Government Initiatives Introduced in the North America Electric Vehicle Charging Infrastructure Market

The North America Electric Vehicle (EV) Charging Infrastructure market is significantly influenced by a range of government initiatives at both the federal and state levels. These initiatives reflect a commitment to accelerating the adoption of electric vehicles and establishing a robust charging infrastructure network to support the growing electric mobility ecosystem. In addition, at the federal level in the United States, various programs and policies have been implemented to incentivize the development and deployment of EV charging infrastructure. The federal government provides tax credits to businesses and property owners who invest in installing charging stations. These tax incentives serve as a financial catalyst, encouraging private entities to contribute to the expansion of the charging network. Additionally, federal grants are allocated to states and local governments to fund the construction of public charging stations, promoting the widespread accessibility of EV charging across the country. Additionally, the state-level initiatives further complement federal efforts, with individual states implementing policies tailored to their unique needs and objectives. California, for instance, has been a pioneer in promoting electric mobility, implementing stringent emission standards and offering substantial rebates for electric vehicle purchases. Likewise, these ingenuities have advanced the United States EV Charging Infrastructure Market share. Several states have also established Zero Emission Vehicle (ZEV) programs, requiring automakers to produce and sell a certain percentage of electric vehicles, thereby driving market demand and necessitating the development of a corresponding charging infrastructure.

Key Players in the North America Electric Vehicle Charging Infrastructure Market

Some of the key players in the market include Chargepoint, Tesla, Blink Charging Co. and EVgo. Further, some of the key players hook considerable North America Electric Vehicle Charging Infrastructure   Market share. ChargePoint stands out as one of the key players in the North America Electric Vehicle Charging Infrastructure market. As a leading electric vehicle charging network provider, ChargePoint has played a pivotal role in shaping the charging infrastructure landscape. The company offers a comprehensive range of charging solutions, including home chargers, workplace charging, and an extensive public charging network.

Market by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the North America Electric Vehicle (EV) Charging Infrastructure market encompasses a variety of charger types to meet the diverse needs of electric vehicle users. Among these, Alternating Current (AC) chargers and Direct Current (DC) chargers play distinct roles in shaping the charging infrastructure landscape. Further, the AC chargers are a fundamental component of the charging infrastructure, particularly in residential and urban settings. These chargers operate at lower power levels, making them suitable for locations where vehicles remain parked for extended periods, such as homes, workplaces, and public parking areas. AC chargers are commonly found in Level 1 (120 volts) and Level 2 (240 volts) variants. Moreover, Direct Current (DC) fast chargers play a crucial role in addressing the time constraints associated with longer journeys and reducing range anxiety for electric vehicle users. Unlike AC chargers, DC fast chargers operate at higher power levels, enabling rapid charging. These chargers are strategically deployed along highways, major travel routes, and urban centers, facilitating quick charging stops for electric vehicle users engaged in long-distance travel. In addition, DC fast chargers are characterized by their ability to provide a significant amount of charge in a relatively short time, typically ranging from 30 minutes to an hour for a substantial charge. Common standards associated with DC fast charging include CHAdeMO and CCS (Combined Charging System). These standards ensure compatibility with a variety of electric vehicle models, contributing to the flexibility and efficiency of the charging infrastructure network. Additionally, the integration of DC fast chargers into the charging infrastructure is essential for supporting the practicality of electric vehicles, making long-distance travel more viable and reducing the perceived barriers associated with electric mobility.

Market by Application

The North America Electric Vehicle (EV) Charging Infrastructure market exhibits a diverse range of applications, catering to both residential and commercial settings. These applications reflect the region's commitment to integrating electric mobility seamlessly into various aspects of daily life. Additionally, the residential charging is a fundamental application within the North America Electric Vehicle Charging Infrastructure market, emphasizing the importance of providing convenient charging options for electric vehicle owners at their homes. In this application, users typically install charging stations in private garages or dedicated parking spaces. Residential charging solutions are characterized by slower charging speeds, making them well-suited for overnight charging when the vehicle is parked for extended periods. This application caters to individuals with predictable commuting patterns, ensuring that users start their day with a fully charged electric vehicle. Further, the commercial charging applications within the North America Electric Vehicle Charging Infrastructure market encompass a broad spectrum of settings, ranging from public spaces to workplaces and commercial establishments. Additionally, the commercial charging infrastructure nails massive North America Electric Vehicle Charging Infrastructure Market revenues.  Public charging stations are strategically deployed in urban areas, shopping malls, and key destinations to provide electric vehicle users with accessible and convenient charging points during their daily activities. This approach caters to users who may not have access to residential charging or require additional charging options during their journeys. Workplace charging solutions, another facet of commercial applications, involve the installation of charging stations in office parking lots.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • North America Electric Vehicle Charging Infrastructure Market Overview
  • North America Electric Vehicle Charging Infrastructure Market Outlook
  • North America Electric Vehicle Charging Infrastructure Market Forecast
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes for the Period 2020-2030.
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2030.
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, for the Period 2020-2030.
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, Until 2030.
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, for the Period 2020-2030
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, Until 2030
  • Historical Data of United States of America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2020-2030.
  • Market Size & Forecast of United States of America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2030.
  • Historical Data of Canada Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2020-2030.
  • Market Size & Forecast of Canada Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2030.
  • Market Drivers and Restraints
  • North America Electric Vehicle Charging Infrastructure Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • North America Electric Vehicle Charging Infrastructure Market Share, By Countries
  • North America Electric Vehicle Charging Infrastructure Market Share, By Companies
  • North America Electric Vehicle Charging Infrastructure Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The North America Electric Vehicle Charging Infrastructure Market report provides a detailed analysis of the following market segments:

By Type

  • AC Charger
  • DC Charger

By Application

  • Residential
  • Commercial
  • Others

By Countries

  • United States
  • Canada
North America Electric Vehicle Charging Infrastructure Market (2024-2030): FAQs
The implementation of the Senate Bill under the Electric Vehicle Charging Infrastructure Open Access Act is a major step taken by the government.
Major players include ChargePoint, EVgo, Tesla Supercharger network, Electrify America, Greenlots (now part of Shell), and various utility companies that offer charging services.
High disposable income, consumer acceptance, availability of EV charging infrastructure, are the major drivers for the growth of the market.
On the basis of application, the market can be broadly categorized into public electric vehicle fast-charging systems and private electric vehicle fast-charging systems.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. North America Electric Vehicle Charging Infrastructure Market Overview
3.1 North America Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
3.2 North America Electric Vehicle Charging Infrastructure Market Revenue Share, By Types, 2020 & 2030F
3.3 North America Electric Vehicle Charging Infrastructure Market Revenue Share, By Applications, 2020 & 2030F
3.4 North America Electric Vehicle Charging Infrastructure Market Revenue Share, By Countries, 2020 & 2030F
3.5 North America Electric Vehicle Charging Infrastructure Market Industry Life Cycle
3.6 North America Electric Vehicle Charging Infrastructure Market- Porter’s Five Forces
4. North America Electric Vehicle Charging Infrastructure Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. North America Electric Vehicle Charging Infrastructure Market Trends
6. North America Electric Vehicle Charging Infrastructure Market Overview, By Types
6.1 North America Electric Vehicle Charging Infrastructure Market Revenues, By AC Charger, 2020-2030F
6.2 North America Electric Vehicle Charging Infrastructure Market Revenues, By DC Charger, 2020-2030F
7. North America Electric Vehicle Charging Infrastructure Market Overview, By Applications
7.1 North America Residential Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
7.2 North America Commercial Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
7.3 North America Others Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
8. United States Electric Vehicle Charging Infrastructure Market Overview
8.1 United States Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
8.2 United States Electric Vehicle Charging Infrastructure Market Revenues, By Types, 2020-2030F
8.3 United States Electric Vehicle Charging Infrastructure Market Revenues, By Applications, 2020-2030F
9. Canada Electric Vehicle Charging Infrastructure Market Overview
9.1 Canada Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
9.2 Canada Electric Vehicle Charging Infrastructure Market Revenues, By Types, 2020-2030F
9.3 Canada Electric Vehicle Charging Infrastructure Market Revenues, By Applications, 2020-2030F
10. Rest of North America Electric Vehicle Charging Infrastructure Market Overview
10.1 Rest of North America Electric Vehicle Charging Infrastructure Market Revenues, 2020-2030F
11. North America Electric Vehicle Charging Infrastructure Market Key Performance Indicators
12. North America Electric Vehicle Charging Infrastructure Market Opportunity Assessment
12.1 North America Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Types, 2030F
12.2 North America Electric Vehicle Charging Infrastructure Market Opportunity Assessment, By Applications, 2030F
13. North America Electric Vehicle Charging Infrastructure Market Competitive Landscape 
13.1 North America Electric Vehicle Charging Infrastructure Market Revenue Share, By Companies, 2023
13.1.1 United States Electric Vehicle Charging Infrastructure Market Revenue Share, By Companies, 2023
13.1.2 Canada Electric Vehicle Charging Infrastructure Market Revenue Share, By Companies, 2023
13.2 North America Electric Vehicle Charging Infrastructure Market Competitive Benchmarking, By Operating Parameters
14. Company Profiles
15. Strategic Recommendations
16. Disclaimer

UAE Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), and competitive landscape

France Electric Vehicle Charging Infrastructure Market (2020-2026): Market Forecast By Types (AC Charger, DC Charger), By Applications (Residential, Commercial & Others), And Competitive Landscape

Saudi Arabia Electric Vehicle Charging Infrastructure Market (2020-2026): Market Forecast By Types (AC Charger, DC Charger), By Applications (Residential, Commercial & Others), And Competitive Landscape

Middle East Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(Qatar, UAE & Rest of Middle East), and competitive landscape

Latin America Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(Mexico & Rest of Latin America)and competitive landscape

Global Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Regions(North America, Europe, Middle East, Africa, Asia Pacific, Latin America)and competitive landscape

Europe Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(Norway, United Kingdom, Sweden, Germany & Rest of Europe)and competitive landscape

Asia Pacific (APAC) Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(South Korea, India, China, Japan & Rest of Asia Pacific) and competitive landscape

Africa Electric Vehicle Charging Infrastructure Market (2019-2025): Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(South Africa & Rest of Africa) and competitive landscape

 

Market Forecast By Types(AC Charger, DC Charger), By Applications(Residential, Commercial & Others), By Key Countries(United States of America, Canada, Rest of North America), and competitive landscape

Product Code: ETC001957 Publication Date: May 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

The North America electric vehicle charging infrastructure market is expected to witness robust growth on the back of the high adoption rate of electric vehicles across the region. Moreover, various incentives provided by the government in the form of rebates and subsidies to increase the sale of electric vehicles in the developed countries across the region are some of the key factors which would further propel the growth of North America electric vehicle charging infrastructure market over the coming years.

According to 6Wresearch, North America Electric Vehicle Charging Infrastructure Market is expected to grow at a CAGR of 16.3% during 2019-2025. Currently, the United States of America electric vehicle charging infrastructure market is the leading revenue-generating country across the region with a sound electric vehicle charging infrastructure in the country. Additionally, several strategies implemented in the country to boost the sales of electric vehicles coupled with stringent laws regarding the use of fuel-generated vehicles are projected to drive the growth of the United States of America electric vehicle charging infrastructure market over the coming years.

 The implementation of the Senate Bill under the Electric Vehicle Charging Infrastructure Open Access Act, implemented in the United States of America is further an example of a strategic plan adopted by the government to improve the growth of electric mobility in the country. The electric vehicle charging infrastructure market is expected to provide huge growth avenues to the desired investors as well over the coming years.

The North America electric vehicle charging infrastructure market report thoroughly covers the market by types, applications, and key countries including the United States, Canada, and the rest of North America. The electric vehicle charging infrastructure market outlook report provides an unbiased and detailed analysis of the ongoing North America electric vehicle charging infrastructure market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The North America Electric Vehicle Charging Infrastructure Market is expected to witness robust growth on the back of the high adoption rate of electric vehicles across the region. Moreover, various incentives provided by the government in the form of rebates and subsidies to increase the sale of electric vehicles in the developed countries across the region are further anticipated to propel the North America Electric Vehicle Charging Infrastructure Market in the coming years. United States of America Electric Vehicle Charging Infrastructure Market is leading across the region with a sound Electric Vehicle charging infrastructure in the country. Several strategies implemented in the country to boost the sales of electric vehicles coupled with stringent laws regarding the use of fuel-generated vehicles are projected to drive the United States of America electric vehicle charging infrastructure market in the coming years.

The North America electric vehicle charging infrastructure market is anticipated to witness a proliferation in the coming timeframe on the back of an increase in the rising penetration of electric mobility in the developed and developing economies across the region. On the basis of country, The United States Electric Vehicle Charging Infrastructure Market would foster strong progression in the upcoming six years owing to several technological advancements in the country. The focus of the manufacturers on creating swift e-mobility to provide the countrymen with charging infrastructure wherever needed would further propel the growth of charging stations in the coming years in the country and leave a positive impact on the growth of the United States electric vehicle charging infrastructure market and as a result, is expected to leave a positive impact on the overall growth of the North America electric vehicle charging infrastructure market in the coming timeframe. Various investments to build infrastructure in the coming years coupled with grants initiated for public charging stations would further propel the market growth during the projected period. moreover, projects such as the American Recovery and Reinvestment Act with a budget of $ 15 million for the construction of public charging infrastructures are expected to shape the competitive market landscape of the North America electric vehicle charging infrastructure market

North America electric vehicle charging infrastructure market is projected to register sound revenues in the upcoming six years on the back of rising environmental concerns. As with increased environmental degradation caused by petroleum-based vehicles where the government implies stringent regulation, especially on vehicle fleet owners to replace commercial and passenger vehicles with battery-based vehicles. This government initiative concurrently rises in the need for developed charging stations in order to help vehicle fleet to charge vehicles widely is expected to bolster the growth of electric vehicle charging infrastructure, especially in the united states country, and is expected to strengthen the United States electric vehicle charging station market growth and would benefit the entire North America electric vehicle charging infrastructure market to grow enormously in the coming timeframe.

Key Highlights of the Report:

  • North America Electric Vehicle Charging Infrastructure Market Overview
  • North America Electric Vehicle Charging Infrastructure Market Outlook
  • North America Electric Vehicle Charging Infrastructure Market Forecast
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes for the Period 2015-2018.
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2025.
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, for the Period 2015-2018.
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Types, Until 2025.
  • Historical Data of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, for the Period 2015-2018
  • Market Size & Forecast of North America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, by Applications, Until 2025
  • Historical Data of United States of America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2015-2018.
  • Market Size & Forecast of United States of America Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2025.
  • Historical Data of Canada Electric Vehicle Charging Infrastructure Market Revenues and Volumes, for the Period 2015-2018.
  • Market Size & Forecast of Canada Electric Vehicle Charging Infrastructure Market Revenues and Volumes, Until 2025.
  • Market Drivers and Restraints
  • North America Electric Vehicle Charging Infrastructure Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • North America Electric Vehicle Charging Infrastructure Market Share, By Countries
  • North America Electric Vehicle Charging Infrastructure Market Share, By Companies
  • North America Electric Vehicle Charging Infrastructure Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The North America electric vehicle charging infrastructure market report provides a detailed analysis of the following market segments:

By Types:

  • AC Charger
  • DC Charger

By Applications:

  • Residential
  • Commercial
  • Others

By Key Countries:

  • United States of America
  • Canada
  • Rest of North America

Other Key Reports Available:

  • United States of America Electric Vehicle Charging Infrastructure Market Report
  • Canada Electric Vehicle Charging Infrastructure Market Report

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