U.S. EV charging station market forecast to reach USD 190.45 billion by 2035
By Eve
The U.S. electric vehicle charging station market is valued at USD 22.52 billion in 2025 and is projected to grow to USD 190.45 billion by 2035, representing a compound annual growth rate of 23.8% from 2026 to 2035. The expansion is driven by rising EV adoption among consumers and businesses, substantial federal and state incentives, and efforts to reduce range anxiety through expanded charging infrastructure.
Why it matters: The forecast signals a near ninefold increase in market value over the next decade, indicating sustained procurement opportunities across residential, commercial and public charging segments. CPOs and contractors can expect continued demand for Level 2 and DC fast charging installations as the U.S. builds out networks to support zero emission transport.