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Electric Vehicle (EV) Charging Infrastructure Market size was valued at USD 25.68 billion in 2023.<br>The market is anticipated to grow from USD 32.20 billion in 2024 to USD 200.08 billion by 2032, exhibiting a CAGR of 25.6% during the forecast period.
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Market Segmentation $200.08 BN $32.20 BN 25.6% CAGR 2024 – 2032 Market size 2024 Market size2032
Growth Drivers: • Government incentives and policies are projected to spur product demand • Increasing adoption of electric vehicles is expected to drive electric vehicle charging infrastructure market growth Key Players: • ABB • Blink Charging • BP Chargemaster • BTC Power
Recent Developments: • In January 2024, Snap-E Cabs and Jio-bp jointly introduced an electric vehicle charging hub in Kolkata, featuring 150 charging stations. The hub will be operational under the Jio-bp brand, a collaborative venture between Reliance Industries Ltd and British Petroleum.
Regional Insights: Asia-Pacific region dominated the global market in 2023 • North America • Europe • Asia Pacific • Latin America • Middle East & Africa