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Europe Electric Vehicle Charging Station Market Size

Report ID: GMI5814
Published Date: Dec 2024
Report Format: PDF

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Europe Electric Vehicle Charging Station Market Size

The Europe electric vehicle charging station market was valued at USD 10.8 billion in 2024 and is estimated to grow at a CAGR of 29.3% from 2025 to 2034, driven by combination of supportive government policies, increasing EV adoption, and technological advancements in charging infrastructure. Governments across Europe are aggressively promoting the shift to electric mobility through incentives, subsidies, and the development of extensive charging networks as part of their decarbonization goals.

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The European Union’s Green Deal and Fit for 55 packages have set ambitious targets for reducing carbon emissions, further accelerating investments in EV charging infrastructure. Additionally, the adoption of fast-charging technologies and smart charging systems is transforming the market landscape, offering enhanced convenience and efficiency for EV users. Key trends include the proliferation of ultra-fast chargers, capable of delivering up to 350 kW, and the integration of renewable energy sources such as solar and wind into charging networks to ensure sustainability.

Europe Electric Vehicle Charging Station Market Report Attributes
Report Attribute	Details
Base Year:	2024
Europe Electric Vehicle Charging Station Market Size in 2024:	USD 10.8 Billion
Forecast Period:	2025 – 2034
Forecast Period 2025 – 2034 CAGR:	29.3%
2025 – 2034 Value Projection:	USD 144.9 Billion
Historical Data for:	2021 – 2024
No. of Pages:	120
Tables, Charts & Figures:	30
Segments covered:	Current, charging site, and country
Growth Drivers:	Stringent regulatory framework pertaining emissions Acceleration in EV adoption
Pitfalls & Challenges:	High installation cost

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Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The European market for electric vehicle charging station was reached USD 10.8 billion in 2024 and is projected to grow at a CAGR of 29.3% from 2025 to 2034, driven by supportive government policies and increasing EV adoption.

The AC EV charging station market in Europe is expected to exceed USD 44 billion by 2034, as it offers cost-effective and quick charging solutions for private and public applications.

The public EV charging station market in Europe is anticipated to grow at a CAGR of over 28% through 2034, fueled by rising EV adoption and significant investments in infrastructure by governments and private firms.

Germany's electric vehicle charging station market is set to surpass USD 30 billion by 2034, supported by the government’s National Charging Infrastructure Plan and investments in green mobility infrastructure.

Key players in the market include ABB, Alfen, Blink Charging, BP Pulse, ChargePoint, Compleo Charging Solutions, Delta Electronics, Eaton, Efacec, Elli, EVBox, GreenWay Infrastructure, Ionity, Leviton, Schneider Electric, Shell Recharge, Siemens, Tesla, Volta, and Zunder.