EV Home Charging Solutions Market: By Charging Type, By Connector, By Vehicle Type, By End-User and Geography
EV Home Charging Solutions Market size was valued at US$ 15,378.2 million in 2023 and is poised to grow at a CAGR of 34.1% from 2024 to 2030. EV Home Charging Solutions is an appliance that is associated with a source of stagnant power to recharge electric vehicles, plug-in-hybrids, and electrical cars. Growing concerns over carbon emissions and intensifying adoption of electric vehicles(EVs)are the key factors fueling the demand for the electric vehicle charging infrastructure market. Furthermore, with the sustained intensification of Electric vehicle adoption, the demand for the charging infrastructure is anticipated to rise exponentially, uniquely in propositions with high concentration electrical, vehicle owners. This has an obliged investments in exploiting additional EV Home charging stations by organizations, governments, and businesses, to fulfill the requirements of electric vehicle owners. The dominance of electric vehicle owners also initiates their home charging stations, further stimulating the demand for electric vehicle charging infrastructure. Moreover, electric vehicles becoming immensely popular as the folks seek ways to diminution the modest transformational costs.
Smart cities can also bolster the development of the electric vehicle home charging solutions market presuming a platform for novel business models. For instance, companies can anchorage data spawned by the smart city infrastructure to offer ingenious services such as reservation systems, dynamic pricing, and personalized recommendations to Electric vehicles. However, the challenges associated with electric vehicles home charging stations include subordination on nonrenewable energy for the stagnant power, cost of manufacturing, transmission, and distribution impact on the cost of the electricity, dependence on fossil fuels for static power generation can generate price volatility and uncertainty, making it disrupt electric vehicles charging station operators to plan and infuse in their business, moreover, if you are in a rush, EV home electric charging solutions are not as fast as swift public charging stations. However, geographical expansion by the market players, and government incentives for manufacturing activities, expansion of charging infrastructure, growing demand for home energy management systems create opportunities for the players in the electric vehicles charging station market.
Study Period
2024-2030Base Year
2023CAGR
34.1%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The increase in demand for electric vehicles in developed and emerging countries is a key factor surge the EV Home Charging Solutions market over the forecast years. The EV home charging solutions market is experiencing a substantial rise owing to the growing adaption of electric vehicles. The increasing awareness about environmental sustainability and the need to diminish the carbon emissions is bolstering the demand for electric vehicles, which in turn rising the demand for the growth of EVs home charging solutions. Moreover, Governments across various economies are offering favorable incentives and subsidies to promote the development of Electric vehicles, further driving the Electric Vehicles Home charging solutions market growth. The latest trends in the EV home charging solutions market include the integration of smart features and connectivity options. Most of the chargers now have Wi-Fi or Bluetooth connectivity, permitting users to monitor and control the charging process over the smartphone applications. This aids users in scheduling charging sessions, tracking energy consumption, and receiving notifications. Consequently, robust the demand for the growth of the EVs home charging solutions market in the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 15,378.2 million |
Market CAGR |
34.1% |
By Charging Type |
|
By Connector |
|
By Vehicle Type |
|
By End Use |
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The global ev home charging solutions market size was valued at US$ 15,378.2 million in 2023 and is projected to grow at a CAGR of 34.1% from 2024 to 2030
North America is expected to dominate the EV Home Charging Solutions market.
The leading market players in the EV Home Charging Solutions market are Enel X North America, Inc., Tesla Motors, Inc., BOSCH, ABB, TATA POWER, Shell, BP Pulse, Siemens, Charge Point, Blink Charging, Schneider Electric.
The key factors driving the electrical vehicles home charging solutions market growth include the rising demand for housing societies, residential buildings, individual houses, increasing focus of government agencies on providing funds to Original Equipment Manufacturers (OEMs) for the development of charging stations.
1. Executive Summary |
2. Global EV Home Charging Solutions Market Introduction |
2.1. Global EV Home Charging Solutions Market Taxonomy |
2.2. Global EV Home Charging Solutions Market Definitions |
2.2.1. Charging Type |
2.2.2. Connector |
2.2.3. Vehicle Type |
2.2.4. End-Use |
3. Global EV Home Charging Solutions Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global EV Home Charging Solutions Market Dynamic Factors - Impact Analysis |
3.6. Global EV Home Charging Solutions Market Competition Landscape |
4. Global EV Home Charging Solutions Market Analysis, 2019-2023and Forecast, 2024-2030 |
4.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global EV Home Charging Solutions Market Forecast, By Charging Type, 2019-2023and Forecast, 2024-2030 |
5.1. AC Charging |
5.1.1. AC Slow Charging |
5.1.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.1.3. Market Opportunity Analysis |
5.1.2. AC Fast Charging |
5.1.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.2.3. Market Opportunity Analysis |
5.2. DC Charging |
5.2.1. Level 1 DC Chargers |
5.2.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.1.3. Market Opportunity Analysis |
5.2.2. Level 2 DC Chargers |
5.2.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.2.3. Market Opportunity Analysis |
5.2.3. Level 3 DC Chargers |
5.2.3.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3.3. Market Opportunity Analysis |
6. Global EV Home Charging Solutions Market Forecast, By Connector, 2019-2023and Forecast, 2024-2030 |
6.1. CHAdeMo |
6.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. CCS1 |
6.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. CCS2 |
6.3.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. GB/T |
6.4.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Tesla |
6.5.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global EV Home Charging Solutions Market Forecast, By Vehicle Type, 2019-2023and Forecast, 2024-2030 |
7.1. Passenger Vehicles |
7.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Small Commercial vehicles |
7.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Large Commercial vehicles |
7.3.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global EV Home Charging Solutions Market Forecast, By End-Use, 2019-2023and Forecast, 2024-2030 |
8.1. Housing Societies |
8.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Residential Buildings |
8.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Individual House or Flats |
8.3.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others |
8.4.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global EV Home Charging Solutions Market Forecast, By Region, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
9.1. North America |
9.1.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019-2023and Forecast, 2024-2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Region, 2022- 2028 |
10. North America EV Home Charging Solutions Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
10.1. Charging Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. AC Charging |
10.1.1.1. AC Slow Charging |
10.1.1.2. AC Fast Charging |
10.1.2. DC Fast Charging |
10.1.2.1. Level 1 DC Chargers |
10.1.2.2. Level 2 DC Chargers |
10.1.2.3. Level 3 DC Chargers |
10.2. Connector Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. CHAdeMo |
10.2.2. CCS1 |
10.2.3. CCS2 |
10.2.4. GB/T |
10.2.5. Tesla |
10.2.6. Others |
10.3. Vehicle Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Passenger Vehicles |
10.3.2. Small Commercial vehicles |
10.3.3. Large Commercial vehicles |
10.3.4. Others |
10.4. End-Use Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Housing Societies |
10.4.2. Residential Buildings |
10.4.3. Individual House or Flat. |
10.4.4. Others |
10.5. Country Analysis 2019-2023 and Forecast 2021- 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Country, 2022- 2028 |
10.7. North America EV Home Charging Solutions Market Dynamics Trends |
11. Europe EV Home Charging Solutions Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
11.1.1. AC Charging |
11.1.1.1. AC Slow Charging |
11.1.1.2. AC Fast Charging |
11.1.2. DC Fast Charging |
11.1.2.1. Level 1 DC Chargers |
11.1.2.2. Level 2 DC Chargers |
11.1.2.3. Level 3 DC Chargers |
11.2. Connector Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. CHAdeMo |
11.2.2. CCS1 |
11.2.3. CCS2 |
11.2.4. GB/T |
11.2.5. Tesla |
11.2.6. Others |
11.3. Vehicle Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Passenger Vehicles |
11.3.2. Small Commercial vehicles |
11.3.3. Large Commercial vehicles |
11.3.4. Others |
11.4. End-Use Analysis 2019-2023 and Forecast 2021- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Housing Societies |
11.4.2. Residential Buildings |
11.4.3. Individual House or Flat |
11.4.4. Others |
11.5. Country Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Poland |
11.5.8. Rest of Europe |
11.6. Europe EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Country, 2022- 2028 |
11.7. Europe EV Home Charging Solutions Market Dynamics Trends |
12. Asia-Pacific EV Home Charging Solutions Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
12.1.1. AC Charging |
12.1.1.1. AC Slow Charging |
12.1.1.2. AC Fast Charging |
12.1.2. DC Fast Charging |
12.1.2.1. Level 1 DC Chargers |
12.1.2.2. Level 2 DC Chargers |
12.1.2.3. Level 3 DC Chargers |
12.2. Connector Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. CHAdeMo |
12.2.2. CCS1 |
12.2.3. CCS2 |
12.2.4. GB/T |
12.2.5. Tesla |
12.2.6. Others |
12.3. Vehicle Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Passenger Vehicles |
12.3.2. Small Commercial vehicles |
12.3.3. Large Commercial vehicles |
12.3.4. Others |
12.4. End-Use Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Housing Societies |
12.4.2. Residential Buildings |
12.4.3. Individual House or Flat |
12.4.4. Others |
12.5. Country Analysis 2019-2023 and Forecast 2021- 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Japan |
12.5.2. China |
12.5.3. India |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Country, 2022- 2028 |
12.7. Asia-Pacific EV Home Charging Solutions Market Dynamics Trends |
13. Latin America EV Home Charging Solutions Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
13.1.1. AC Charging |
13.1.1.1. AC Slow Charging |
13.1.1.2. AC Fast Charging |
13.1.2. DC Fast Charging |
13.1.2.1. Level 1 DC Chargers |
13.1.2.2. Level 2 DC Chargers |
13.1.2.3. Level 3 DC Chargers |
13.2. Connector Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. CHAdeMo |
13.2.2. CCS1 |
13.2.3. CCS2 |
13.2.4. GB/T |
13.2.5. Tesla |
13.2.6. Others |
13.3. Vehicle Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Passenger Vehicles |
13.3.2. Small Commercial vehicles |
13.3.3. Large Commercial vehicles |
13.3.4. Others |
13.4. End-Use Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Housing Societies |
13.4.2. Residential Buildings |
13.4.3. Individual House or Flat |
13.4.4. Others |
13.5. Country Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Argentina |
13.5.4. Rest of Latin America |
13.6. Latin America EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Country, 2022- 2028 |
13.7. Latin America EV Home Charging Solutions Market Dynamics Trends |
14. Middle East and Africa EV Home Charging Solutions Market Analysis, 2019-2023 and Forecast, 2024-2030 (Revenue, USD Mn) |
14.1.1. AC Charging |
14.1.1.1. AC Slow Charging |
14.1.1.2. AC Fast Charging |
14.1.2. DC Fast Charging |
14.1.2.1. Level 1 DC Chargers |
14.1.2.2. Level 2 DC Chargers |
14.1.2.3. Level 3 DC Chargers |
14.2. Connector Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.2.1. CHAdeMo |
14.2.2. CCS1 |
14.2.3. CCS2 |
14.2.4. GB/T |
14.2.5. Tesla |
14.2.6. Others |
14.3. Vehicle Type Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Passenger Vehicles |
14.3.2. Small Commercial vehicles |
14.3.3. Large Commercial vehicles |
14.3.4. Others |
14.4. End-Use Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Housing Societies |
14.4.2. Residential Buildings |
14.4.3. Individual House or Flat |
14.4.4. Others |
14.5. Country Analysis 2019-2023 and Forecast 2022- 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. Israel |
14.5.3. South Africa |
14.5.4. Rest of MEA |
14.6. MEA EV Home Charging Solutions Market - Opportunity Analysis Index, By Charging Type, By Connector, By Vehicle Type, By End-Use, and Country, 2022- 2028 |
14.7. MEA EV Home Charging Solutions Market Dynamics Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. Enel X North America, Inc. |
15.2.2. Tesla Motors, Inc. |
15.2.3. BOSCH |
15.2.4. ABB |
15.2.5. TATA POWER |
15.2.6. Shell |
15.2.7. BP Pulse |
15.2.8. Siemens |
15.2.9. Charge Point |
15.2.10. Blink Charging |
15.2.11. Schneider Elecctric |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players