Energy & Green Renewable Technology Market News

Global electric vehicle charging station market to reach USD 12.9 billion by 2024 according to new research report

Energy Market Research

global electric vehicle charging station market to grow at a CAGR of 25.7% during the period 2016-2024.


According to Goldstein Research, Global electric vehicle (EV) charging station market is expected to reach USD 12.9 billion by the end of 2024, growing at a CAGR of 25.7% over the forecast period, 2016-2024. Growth in sales of electric vehicles and rising environmental concerns are the major drivers in the growth of EV charging station market.

Global Electric vehicle charging station market segmentation has been done on the basis of charging station type, charging connector type, charging station location and geography. AC charging station acquires largest market share of more than 45% and it is expected to continue its dominance over the forecast period, growing at a CAGR of 18.4%.