PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1617693
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1617693
Electric Vehicle Fast-Charging Infrastructure Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2030)
Market Overview
The electric vehicle (EV) fast-charging infrastructure market is projected to grow from USD 9,376.1 million in 2024 to USD 22,374.6 million by 2030, advancing at a CAGR of 15.6% during the forecast period. The market growth is driven by the increasing adoption of electric vehicles, rising investments in EV charging networks, and government initiatives aimed at reducing greenhouse gas emissions. Fast chargers play a critical role in addressing EV range anxiety by enabling quick recharging, making long-distance travel practical.
The development of public charging infrastructure along highways, urban centers, and parking spaces is further accelerating market expansion globally.
Key Insights
Market Segmentation:
By application, the public category holds the largest market share and is expected to witness the highest CAGR of 16% during 2024-2030. This growth is fueled by extensive installations of public fast chargers at gas stations, parking lots, metro stations, and commercial hubs, enabling easier access to EV charging for consumers.
The private segment is also growing steadily, driven by increased installations of fast chargers in residential areas and corporate facilities to support EV adoption among individuals and businesses.
By connector type, the GB/T category dominates with 85% market share in 2024, as it is the standard for both AC and DC charging in China, the world's largest EV market.
The SAE CCS category is projected to grow at a CAGR of 25%, driven by its increasing adoption in North America and Europe for universal compatibility and higher power capabilities.
By charging power, the <100 kW segment leads the market, providing an optimal balance between cost and charging speed. Chargers with >200 kW power are gaining traction, particularly for commercial and long-distance EV applications, as they offer ultra-fast charging capabilities.
Trends and Drivers:
The adoption of vehicle-to-grid (V2G) technology is a key trend, allowing energy to flow bidirectionally between EVs and the grid. This not only improves grid performance but also creates value for EV owners by enabling energy storage and resale.
Rapid investments in EV infrastructure by governments and private players are boosting the market. For instance, the U.S. Bipartisan Infrastructure Law (BIL) allocates over USD 7 billion to deploy 500,000 public chargers by 2030.
Growing EV sales worldwide, driven by sustainability goals and rising fuel costs, are increasing the demand for efficient and widely available fast-charging stations. Automakers like Ford, GM, and Tesla are heavily investing in expanding charging networks to support EV adoption.
Regional Analysis:
Asia-Pacific dominates the market as the largest and fastest-growing region, led by China's strong EV adoption rates, government subsidies, and widespread installations of GB/T-standard fast chargers.
North America holds a significant share, supported by substantial government investments, expanding EV fleets, and advancements in charging technologies.
Europe is also witnessing significant growth due to the region's stringent emissions regulations, rising EV sales, and adoption of universal connector standards like CCS.
Challenges:
The high cost of fast chargers and supporting infrastructure remains a major challenge. DC chargers require heavy-duty components, leading to higher installation and operational expenses.
Competitive Landscape:
The market is fragmented, with key players focusing on expanding charging networks, integrating advanced technologies like V2G, and enhancing charging speeds. Partnerships between automakers, governments, and technology providers are driving innovation and improving access to fast-charging infrastructure worldwide.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by application
- 1.4.2. Market size breakdown, by connector type
- 1.4.3. Market size breakdown, by charging power
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Application (2019-2030)
- 6.3. Market Revenue, by Connector Type (2019-2030)
- 6.4. Market Revenue, by Charging Power (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Application (2019-2030)
- 7.3. Market Revenue, by Connector Type (2019-2030)
- 7.4. Market Revenue, by Charging Power (2019-2030)
- 7.5. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Application (2019-2030)
- 8.3. Market Revenue, by Connector Type (2019-2030)
- 8.4. Market Revenue, by Charging Power (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Application (2019-2030)
- 9.3. Market Revenue, by Connector Type (2019-2030)
- 9.4. Market Revenue, by Charging Power (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Application (2019-2030)
- 10.3. Market Revenue, by Connector Type (2019-2030)
- 10.4. Market Revenue, by Charging Power (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Application (2019-2030)
- 11.3. Market Revenue, by Connector Type (2019-2030)
- 11.4. Market Revenue, by Charging Power (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Application (2019-2030)
- 12.3. Market Revenue, by Connector Type (2019-2030)
- 12.4. Market Revenue, by Charging Power (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Application (2019-2030)
- 13.3. Market Revenue, by Connector Type (2019-2030)
- 13.4. Market Revenue, by Charging Power (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Application (2019-2030)
- 14.3. Market Revenue, by Connector Type (2019-2030)
- 14.4. Market Revenue, by Charging Power (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Application (2019-2030)
- 15.3. Market Revenue, by Connector Type (2019-2030)
- 15.4. Market Revenue, by Charging Power (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Application (2019-2030)
- 16.3. Market Revenue, by Connector Type (2019-2030)
- 16.4. Market Revenue, by Charging Power (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Application (2019-2030)
- 17.3. Market Revenue, by Connector Type (2019-2030)
- 17.4. Market Revenue, by Charging Power (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Application (2019-2030)
- 18.3. Market Revenue, by Connector Type (2019-2030)
- 18.4. Market Revenue, by Charging Power (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Application (2019-2030)
- 19.3. Market Revenue, by Connector Type (2019-2030)
- 19.4. Market Revenue, by Charging Power (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Application (2019-2030)
- 20.3. Market Revenue, by Connector Type (2019-2030)
- 20.4. Market Revenue, by Charging Power (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Application (2019-2030)
- 21.3. Market Revenue, by Connector Type (2019-2030)
- 21.4. Market Revenue, by Charging Power (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Application (2019-2030)
- 22.3. Market Revenue, by Connector Type (2019-2030)
- 22.4. Market Revenue, by Charging Power (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Application (2019-2030)
- 23.3. Market Revenue, by Connector Type (2019-2030)
- 23.4. Market Revenue, by Charging Power (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Application (2019-2030)
- 24.3. Market Revenue, by Connector Type (2019-2030)
- 24.4. Market Revenue, by Charging Power (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Application (2019-2030)
- 25.3. Market Revenue, by Connector Type (2019-2030)
- 25.4. Market Revenue, by Charging Power (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Application (2019-2030)
- 26.3. Market Revenue, by Connector Type (2019-2030)
- 26.4. Market Revenue, by Charging Power (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Application (2019-2030)
- 27.3. Market Revenue, by Connector Type (2019-2030)
- 27.4. Market Revenue, by Charging Power (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Application (2019-2030)
- 28.3. Market Revenue, by Connector Type (2019-2030)
- 28.4. Market Revenue, by Charging Power (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. ABB Ltd.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Advanced Vehicle Manufacturing Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Blink Charging Co.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. ChargePoint Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Delta Electronics Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. EVBox
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Elmec Inc.
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Hong Kong EV Power Limited
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Proterra Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Valent Power
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Eaton Corporation plc
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Bharat Heavy Electricals Limited (BHEL)
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
