The electric vehicle (EV) charging station market is expected to grow by USD 15.81 billion from 2021 to 2026, progressing at a CAGR of 20.65% as per the latest forecast market report by Technavio. 63% of the market's growth will originate from APAC during the forecast period. China is the key market for electric vehicle (EV) charging stations in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Electric Vehicle (EV) Charging Station Market: Trends
The increasing number of launches in the field of EV charging solutions is one of the key electric vehicle charging station market trends that are expected to impact the industry positively in the forecast period. The prominent vendors operating in the market have showcased and launched advanced EV chargers in the last couple of years.
Grasen Power has focused on New energy EVSE R&D for more than 10 years, from the start of the power modules to DCDC converter, on- board chargers then to DC fast chargers, AC charger series products, have got good reputation in this industry, believe EV charger will make great market in the future.
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-- Marcus Groll,A Charging Station Owner in UKRAINE
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