Global EV infrastructure market to exceed 55 billion dollars by 2030, growing at 24.2% CAGR
By Eve
The Business Research Company forecasts the electric vehicle infrastructure market will surpass 55 billion dollars by 2030, representing approximately 0.3% of the projected 21,691 billion dollar construction sector. The market is expected to grow at a compound annual growth rate of 24.2% through 2035, driven by increasing EV adoption and supportive government policies. The report, published in October 2026, covers market size, trends and forecasts for the 2026 to 2035 period.
Why it matters
The 24.2% CAGR signals sustained procurement opportunities across charging infrastructure projects globally, with the market's growth outpacing the broader construction sector. CPOs and contractors can anticipate expanding tender pipelines as the segment scales from its current niche position to a more substantial share of construction spending.
Source
- Original title
- “The Electric Vehicle Infrastructure Market Shows Significant Growth Prospects With a Projected CAGR of 24.2%”
- Published
- 27 October 2026
- Updated
- 28 October 2026
In this story
- Topic
- EV Charging
- Place
- Global
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