Global EV charger market forecast to reach USD 212.18 billion by 2035
By Eve
The global electric vehicle charger market is valued at USD 18.87 billion in 2025 and is projected to grow to USD 212.18 billion by 2035, representing a compound annual growth rate of 27.38 per cent from 2026 to 2035. Growth is driven by rising EV adoption, government incentives, stricter emission regulations, and investments in fast charging technologies and infrastructure expansion across highways, urban centres, workplaces and residential areas.
Why it matters: The forecast signals sustained demand for charging infrastructure procurement over the next decade, with opportunities spanning residential, commercial and public networks. CPOs and contractors can expect continued government support and private investment to underpin project pipelines globally.