The global EV charging station market is projected to surge from USD 28.47 billion in 2025 to USD 76.31 billion by 2032, at a CAGR of 15.1%.
OEM-led investments by Tesla, Rivian, and Hyundai drive infrastructure growth, supported by public funding for fast-charge networks.
The rise of fast DC charger enhances compatibility, while urbanization and smart cities foster integration in public spaces. Fleet electrification and battery swapping in Asia also boost the market. Fixed chargers dominate, with companies like Tata Power and ChargeZone expanding kiosk-based solutions.
In the Asia Pacific, aggressive expansion efforts underline robust growth, particularly in South Korea and Indonesia.

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