The global electric vehicle charging station market size was US$ 31.1 billion in 2021. The global electric vehicle charging station market is forecast to grow to US$ 245.6 billion by 2030 by registering a compound annual growth rate (CAGR) of 21.1% during the forecast period from 2022 to 2030.
The apparatus that connects an electric vehicle to a power source to refuel electric cars, neighbourhood electric vehicles, and plug-in hybrids are known as an electric vehicle charging station. Some of the advanced stations include advanced capabilities such as smart metering, cellular connectivity, and network access. Connectors for charging stations are available in a range of standards.
