PUBLISHER: KBV Research | PRODUCT CODE: 1374003
PUBLISHER: KBV Research | PRODUCT CODE: 1374003
North America Electric Vehicle Charger Market Size, Share & Industry Trends Analysis Report By End User (Residential and Commercial), By Vehicle Type, By Country and Growth Forecast, 2023 - 2030
The North America Electric Vehicle Charger Market would witness market growth of 28.3% CAGR during the forecast period (2023-2030).
Electric vehicle (EV) chargers come in various types to accommodate different charging needs and speeds. Level 1 chargers are the slowest EV chargers and typically use a standard 120-volt household electrical outlet. They are suitable for charging electric vehicles overnight at home. Level 1 chargers provide a relatively low charging rate, typically around 2-5 miles of range per hour of charging. Level 2 chargers possess greater power than Level 1 chargers and operate on a 240-volt electrical supply, akin to electric dryers or ovens. These chargers are frequently found in residential garages and public charging stations. Level 2 chargers offer a higher charging rate, typically providing a range of 10 to 30 miles per hour. DC fast chargers are high-power chargers that offer a much faster charging rate than Level 1 and Level 2 chargers.
Electric vehicles' increasing availability and affordability have driven up sales, resulting in a greater demand for chargers. As more consumers embrace EVs, there is a corresponding need for accessible and reliable charging options. Increasing environmental awareness and stricter emissions regulations have led individuals and organizations to shift towards electric vehicles due to their reduced environmental impact compared to fossil fuel-powered vehicles. As a result, the need for chargers has become more pressing.
As per the article titled New Motor Vehicle Registrations, third quarter 2022, released by Statistics Canada, overall, 34,313 new zero-emission vehicles (ZEVs) were registered in the third quarter of 2022, comprising 8.7% of total new motor vehicle registrations. The number of new ZEVs registered continued to increase, up 43.2% year over year. Continuing the trend over the last four years, battery electric vehicles (BEVs) made up the largest share of new ZEV registrations, representing 85.6% of new ZEVs registered in the third quarter. Plug-in hybrid electric vehicles (PHEVs) comprised 14.4% of new ZEV registrations. Year over year, BEVs (+85.4%) experienced the largest percentage increase among all fuel types. These factors will boost the demand for EV chargers in the North America region.
The US market dominated the North America Electric Vehicle Charger Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,667.4 Million by 2030. The Canada market is exhibiting a CAGR of 31.2% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 30% during (2023 - 2030).
Based on End User, the market is segmented into Residential and Commercial. Based on Vehicle Type, the market is segmented into Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV). Based on Charging Type, the market is segmented into On-board Chargers and Off-board Chargers. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Robert Bosch GmbH, AeroVironment, Inc, BorgWarner Inc, Silicon Laboratories, Inc., BP p.l.c., ChargePoint, Inc, Schaffner Holding AG, Siemens AG, and Chroma ATE Inc.
Scope of the Study
Market Segments covered in the Report:
By End User
- Residential
- Commercial
By Vehicle Type
- Plug-in Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
By Charging Type
- On-board Chargers
- Off-board Chargers
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- ABB Group
- Robert Bosch GmbH.
- AeroVironment, Inc
- BorgWarner Inc
- Silicon Laboratories, Inc.
- BP p.l.c.
- ChargePoint, Inc
- Schaffner Holding AG
- Siemens AG
- Chroma ATE Inc.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Electric Vehicle Charger Market, by End User
- 1.4.2 North America Electric Vehicle Charger Market, by Vehicle Type
- 1.4.3 North America Electric Vehicle Charger Market, by Charging Type
- 1.4.4 North America Electric Vehicle Charger Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Mergers & Acquisition : 2021, Aug - 2023, Jun) Leading Players
- 4.4 Porter's Five Forces Analysis
Chapter 5. North America Electric Vehicle Charger Market by End User
- 5.1 North America Residential Market by Country
- 5.2 North America Commercial Market by Country
Chapter 6. North America Electric Vehicle Charger Market by Vehicle Type
- 6.1 North America Plug-in Hybrid Electric Vehicle (PHEV) Market by Country
- 6.2 North America Battery Electric Vehicle (BEV) Market by Country
- 6.3 North America Hybrid Electric Vehicle (HEV) Market by Country
Chapter 7. North America Electric Vehicle Charger Market by Charging Type
- 7.1 North America On-board Chargers Market by Country
- 7.2 North America Off-board Chargers Market by Country
Chapter 8. North America Electric Vehicle Charger Market by Country
- 8.1 US Electric Vehicle Charger Market
- 8.1.1 US Electric Vehicle Charger Market by End User
- 8.1.2 US Electric Vehicle Charger Market by Vehicle Type
- 8.1.3 US Electric Vehicle Charger Market by Charging Type
- 8.2 Canada Electric Vehicle Charger Market
- 8.2.1 Canada Electric Vehicle Charger Market by End User
- 8.2.2 Canada Electric Vehicle Charger Market by Vehicle Type
- 8.2.3 Canada Electric Vehicle Charger Market by Charging Type
- 8.3 Mexico Electric Vehicle Charger Market
- 8.3.1 Mexico Electric Vehicle Charger Market by End User
- 8.3.2 Mexico Electric Vehicle Charger Market by Vehicle Type
- 8.3.3 Mexico Electric Vehicle Charger Market by Charging Type
- 8.4 Rest of North America Electric Vehicle Charger Market
- 8.4.1 Rest of North America Electric Vehicle Charger Market by End User
- 8.4.2 Rest of North America Electric Vehicle Charger Market by Vehicle Type
- 8.4.3 Rest of North America Electric Vehicle Charger Market by Charging Type
Chapter 9. Company Profiles
- 9.1 ABB Group
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Robert Bosch GmbH
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.6 SWOT Analysis
- 9.3 AeroVironment, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 SWOT Analysis
- 9.4 BorgWarner Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Silicon Laboratories, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 BP p.l.c.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 ChargePoint Holdings, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Product Launches and Product Expansions:
- 9.7.5.3 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Schaffner Holding AG
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Siemens AG
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. Chroma ATE, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Electric Vehicle Charger Market, 2019 - 2022, USD Million
- TABLE 2 North America Electric Vehicle Charger Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Electric Vehicle Charger Market
- TABLE 4 Product Launches And Product Expansions- Electric Vehicle Charger Market
- TABLE 5 Acquisition and Mergers- Electric Vehicle Charger Market
- TABLE 6 North America Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
- TABLE 7 North America Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
- TABLE 8 North America Residential Market by Country, 2019 - 2022, USD Million
- TABLE 9 North America Residential Market by Country, 2023 - 2030, USD Million
- TABLE 10 North America Commercial Market by Country, 2019 - 2022, USD Million
- TABLE 11 North America Commercial Market by Country, 2023 - 2030, USD Million
- TABLE 12 North America Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
- TABLE 13 North America Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
- TABLE 14 North America Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2019 - 2022, USD Million
- TABLE 15 North America Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2023 - 2030, USD Million
- TABLE 16 North America Battery Electric Vehicle (BEV) Market by Country, 2019 - 2022, USD Million
- TABLE 17 North America Battery Electric Vehicle (BEV) Market by Country, 2023 - 2030, USD Million
- TABLE 18 North America Hybrid Electric Vehicle (HEV) Market by Country, 2019 - 2022, USD Million
- TABLE 19 North America Hybrid Electric Vehicle (HEV) Market by Country, 2023 - 2030, USD Million
- TABLE 20 North America Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
- TABLE 21 North America Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
- TABLE 22 North America On-board Chargers Market by Country, 2019 - 2022, USD Million
- TABLE 23 North America On-board Chargers Market by Country, 2023 - 2030, USD Million
- TABLE 24 North America Off-board Chargers Market by Country, 2019 - 2022, USD Million
- TABLE 25 North America Off-board Chargers Market by Country, 2023 - 2030, USD Million
- TABLE 26 North America Electric Vehicle Charger Market by Country, 2019 - 2022, USD Million
- TABLE 27 North America Electric Vehicle Charger Market by Country, 2023 - 2030, USD Million
- TABLE 28 US Electric Vehicle Charger Market, 2019 - 2022, USD Million
- TABLE 29 US Electric Vehicle Charger Market, 2023 - 2030, USD Million
- TABLE 30 US Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
- TABLE 31 US Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
- TABLE 32 US Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
- TABLE 33 US Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
- TABLE 34 US Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
- TABLE 35 US Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
- TABLE 36 Canada Electric Vehicle Charger Market, 2019 - 2022, USD Million
- TABLE 37 Canada Electric Vehicle Charger Market, 2023 - 2030, USD Million
- TABLE 38 Canada Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
- TABLE 39 Canada Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
- TABLE 40 Canada Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
- TABLE 41 Canada Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
- TABLE 42 Canada Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
- TABLE 43 Canada Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
- TABLE 44 Mexico Electric Vehicle Charger Market, 2019 - 2022, USD Million
- TABLE 45 Mexico Electric Vehicle Charger Market, 2023 - 2030, USD Million
- TABLE 46 Mexico Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
- TABLE 47 Mexico Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
- TABLE 48 Mexico Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
- TABLE 49 Mexico Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
- TABLE 50 Mexico Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
- TABLE 51 Mexico Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
- TABLE 52 Rest of North America Electric Vehicle Charger Market, 2019 - 2022, USD Million
- TABLE 53 Rest of North America Electric Vehicle Charger Market, 2023 - 2030, USD Million
- TABLE 54 Rest of North America Electric Vehicle Charger Market by End User, 2019 - 2022, USD Million
- TABLE 55 Rest of North America Electric Vehicle Charger Market by End User, 2023 - 2030, USD Million
- TABLE 56 Rest of North America Electric Vehicle Charger Market by Vehicle Type, 2019 - 2022, USD Million
- TABLE 57 Rest of North America Electric Vehicle Charger Market by Vehicle Type, 2023 - 2030, USD Million
- TABLE 58 Rest of North America Electric Vehicle Charger Market by Charging Type, 2019 - 2022, USD Million
- TABLE 59 Rest of North America Electric Vehicle Charger Market by Charging Type, 2023 - 2030, USD Million
- TABLE 60 Key Information - ABB Group
- TABLE 61 Key Information - Robert Bosch GmbH
- TABLE 62 Key Information - AeroVironment, Inc.
- TABLE 63 Key Information - BorgWarner Inc.
- TABLE 64 Key Information - Silicon Laboratories, Inc.
- TABLE 65 Key Information - BP p.l.c.
- TABLE 66 Key Information - ChargePoint Holdings, Inc.
- TABLE 67 Key Information - Schaffner Holding AG
- TABLE 68 Key Information - Siemens AG
- TABLE 69 Key Information - Chroma ATE, Inc.
