Global Electric Vehicle Charger (EVC) Market Research Report 2022

Electric Vehicle Charger (EVC) is a device which converts the alternating current (AC) distributed by electric utilities to the direct current (DC) needed to recharge the battery of electric vehicle. There are a number of different types of battery chargers based on the way they control the charging rate and whether installed on the electric vehicles, such as on-board and off-board Electric Vehicle Charger (EVC). Generally, the former has a small power, while off-board is large and has power more than 30 KW.

Market Analysis and Insights: Global Electric Vehicle Charger (EVC) Market

Due to the COVID-19 pandemic, the global Electric Vehicle Charger (EVC) market size is estimated to be worth US$ 5845.4 million in 2022 and is forecast to a readjusted size of US$ 22730 million by 2028 with a CAGR of 25.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, On-board Electric Vehicle Charger (EVC) accounting for % of the Electric Vehicle Charger (EVC) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Residential Charging segment is altered to an % CAGR throughout this forecast period.

China is the major market for electric vehicle chargers (EVCs), accounting for about 35% of the total market.

Wanbang(China), Qingdao Telaidian(China), BYD(China), Xuji Group(China), ChargePoint (US), AeroVironment(US) and ABB(Switzerland) are the major producers.The top five accounts for about 20% of the total market.

Global Electric Vehicle Charger (EVC) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Electric Vehicle Charger (EVC) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


On-board Electric Vehicle Charger (EVC)

Off-board Electric Vehicle Charger (EVC)


Segment by Application


Residential Charging

Commercial Charging

Workplace Charging


By Company


Chargepoint(US)

ABB(Switzerland)

Eaton(Ireland)

Leviton(US)

Blink Charging(US)

Schneider Electric(France)

Siemens(Germany)

General Electric(US)

AeroVironment(US)

IES Synergy(France)

Chargemaster(Elektromotive)

Efacec (Portugal)

Clipper Creek(US)

DBT-CEV(France)

Pod Point(UK)

BYD(China)

NARI(China)

Xuji Group(China)

Potivio(China)

Auto Electric Power Plant(China)

Wanbang(China)

Qingdao Telaidian(China)


Production by Region



North America

Europe

China

Asia


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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QYR-21604933

05-Sep-2022

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