Get detailed insights into the current valuation of E-Mobility market size, including growth analysis, current market status and future market projections.

As per Cognitive Market Research's latest published report, the Global Electric Mobility market size was $121.71 Billion in 2022 and it is forecasted to reach $362.08 Billion by 2030. Electric Mobility Industry's Compound Annual Growth Rate will be 14.7% from 2023 to 2030. Factors Impacting on Electric Mobility Market

The increasing potential for cost savings by switching to electric mobility is driving the demand for electric mobility which is contributing to the market growth. Furthermore, rising environmental safety awareness and increasing prices of fuel are accelerating the growth of the Global Electric Mobility market. Introduction of Electric Mobility

Electric mobility refers to the use of electric power as the primary source of energy to power vehicles, such as cars, buses, and motorcycles. This is in contrast to vehicles that rely on internal combustion engines, which burn fossil fuels like gasoline or diesel.

The global electric mobility market is set to expand from USD 145.73 billion in 2024 to USD 938.05 billion by 2037, witnessing a CAGR of more than 15.4% throughout the forecast period, between 2025 and 2037. Key industry players include Tesla Inc., Honda Motor Company Ltd., Bayerische Motoren Werke Aktiengesellschaft, General Motor Company, among others.

Analyze the market segmentation of the E-Mobility industry. Gain insights into market share distribution with a detailed breakdown of key segments and their growth.

The Electric Mobility Market is projected to grow at 23.6% CAGR, reaching $1182.45 Billion by 2029. Where is the industry heading next? Get the sample report now!

Electric mobility is still in development in Africa. Battery electric vehicles' sales on the continent have overall increased in recent years, although have remained the lowest worldwide. South Africa, which has the most advanced e-mobility market in Africa, counted about 1,000 electric vehicles (EVs) in 2022 - out of a total fleet of 12 million automobiles. In Kenya, the number of EVs was estimated at 350, while a total of some 2.2 million registered vehicles were likely in use in the country.

In 2021, the e-mobility services market worldwide reached a revenue of 3.3 billion U.S. dollars. Forecasts expect the market to experience an upward trend, reaching more than 65.8 billion U.S. dollars in revenue by 2030, as data from NMSC shows.

Global Electric Mobility Market Size By Product(Electric Car, Electric Scooter, Electric Bike), By Voltage(Less than 24V, 24V, 36V), By Battery(Sealed Lead Acid, NiMH), By Geographic Scope And Forecast

The India Electric Vehicle Market is segmented by Vehicle Type (Commercial Vehicles, Passenger Vehicles, Two-Wheelers) and by Fuel Category (FCEV, HEV). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

China and Germany are the countries at the forefront of the transition to electric mobility. China was the leading country for the technological development of electric vehicles, whereas Germany scored highest in terms of current customer demand.

Chinese market on the road to success The E-mobility index uses three key indicators to compare the competitive positions of some of the leading automotive sales markets worldwide: technology, industry, and market. After beginning to roll back subsidies for electric vehicles, China fell behind in terms of electric vehicle market size, although China was the world's largest automotive market in 2020. It is estimated that between three and 3.5 million electric vehicles were in use across China in 2019.

South Korea claims technology top spot South Korea leads the E-mobility index for technology in 2021's ranking. South Korea is focusing on the production of fuel cell electric vehicles and aims to produce more than 810,000 such vehicles by 2022. The United Kingdom was the leading destination for green vehicle exports from South Korea in the first quarter of 2020.

Electric Mobility Chargers Market 2025: Projected to hit USD 49.36 B by 2029 at 28.1% CAGR. Access in-depth analysis on trends, market dynamics, and competitive landscape for data-driven decisions.

The Electric Vehicles Market is segmented by Vehicle Type (Commercial Vehicles, Passenger Vehicles, Two-Wheelers), by Fuel Category (BEV, FCEV, HEV, PHEV) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

BYD was ranked as the best-selling electric vehicle manufacturer worldwide after selling over four million units in 2024 after overtaking Tesla as the best-selling electric vehicle manufacturer in the previous year. BYD's sales volume translates into a market share of nearly a quarter of the market. Tesla and the Geely-Volvo Car Group were among the runners-up. Plug-in electric vehicles explained Plug-in electric vehicle registrations have been on the rise in 2023, with the Chinese electric vehicle market growing by 36 percent year-over-year. There are two types of plug-in electric vehicles: battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). Both contain a charging socket and a rechargeable battery that can power the vehicle on its own. However, a PHEV also includes a traditional internal combustion engine, which kicks in should the battery reach a low level. Therefore, a BEV is the only zero-emission vehicle. BEVs are a growing market, with global 2023 sales over double 2021 sales. What type of electric vehicles do producers build? Manufacturers such as SAIC and Bayerische Motoren Werke (BMW) produce both, battery electric and plug-in hybrid electric vehicles, but Tesla exclusively builds all-electric vehicles. The American company launched its first battery-powered car in 2008, the Roadster. In 2024, Tesla's model line-up included Model S, Model 3, Model X, and Model Y vehicles, as well as the Cybertruck. The Model Y was the best-selling plug-in electric vehicle model worldwide, though most of the leading ten PEV models were from Chinese brands, reflecting the fast-paced EV market in Asia-Pacific.

The size and share of the market is categorized based on Type (Liquid, Solid, Paste) and Application (Passenger Cars, Commercial Vehicles) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The Report Covers the EV Market in Africa. It is Segmented by Propulsion (Battery Electric Vehicles, Hybrid Electric Vehicles, Fuel Cell Electric Vehicles, and Plug-In Hybrid Electric Vehicles), Vehicle Type (Passenger Cars and Commercial Vehicles), Vehicle Drive Type (Front-Wheel Drive, Rear-Wheel Drive, and All-Wheel Drive), and Country (South Africa, Egypt, Morocco, Nigeria, Ghana, and Rest of Africa). The Report Offers Market Size and Forecasts in Terms of Value (USD) for all the Above-Mentioned Segments.

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Electric Vehicle Charging Infrastructure Market Size 2025-2029

The electric vehicle charging infrastructure market size is forecast to increase by USD 196.65 billion at a CAGR of 44.8% between 2024 and 2029.

The global electric vehicle charging infrastructure market is driven by growing demand for electric vehicles and advancements in charging technology. Key factors include a shift toward faster, more convenient charging options as EV adoption rises, alongside innovations like high-power fast chargers that reduce downtime for users. 
This report delivers a clear view of market size, growth forecasts through 2028, and key segments such as AC and DC charging, offering practical insights for shaping business strategies, engaging clients, and optimizing operations. It highlights the trend of renewable energy integration in charging stations as a sustainability booster, while addressing challenges like grid capacity limitations that complicate expansion. For businesses aiming to stay competitive in the global electric vehicle charging infrastructure market, this report provides essential data and analysis to navigate emerging opportunities and tackle operational hurdles effectively.

What will be the Size of the Electric Vehicle Charging Infrastructure Market During the Forecast Period?

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The electric vehicle (EV) charging infrastructure market is experiencing significant growth as the adoption of electric vehicles (EVs) continues to rise globally. Factors driving market expansion include increasing environmental awareness, advancements in battery technology, particularly lithium-ion batteries, and the emergence of autonomous and shared mobility solutions. The market encompasses various charging options, from slow chargers for overnight use to fast charging stations capable of delivering 80% charge in under an hour. Real-time data and connectivity enable efficient network access and load balancing, while smart meters and CCS connectors ensure seamless charging experiences. EV charging stations are integrated with cell phone connectivity and transformer levels to optimize performance and accommodate various vehicle models, including plug-in hybrids, Tesla Model 3, and Model S.
The evolution of electric vehicle (EV) infrastructure has introduced innovative charging solutions, such as charging ports, battery swapping, and wireless charging, to enhance convenience and efficiency. Smart meters, energy storage systems, and load management technologies are essential for optimizing grid stability and managing peak demand. Power converters and bidirectional charging systems enable seamless energy flow between vehicles and the grid, supporting solar integration and off-grid solutions. Fast-charging hubs with various connector types, along with advanced charging protocols, offer quick, reliable charging experiences. User authentication and payment systems, often integrated through mobile apps, simplify transactions and improve the user experience. Station uptime is critical, with thermal cooling systems, voltage control, and durable cables ensuring operational efficiency. 
Public access and private networks cater to diverse user needs, while safety standards and interoperability guarantee the safety and compatibility of different EV models. Site selection, maintenance tools, and attention to charging speed are essential for providing effective, long-term charging infrastructure solutions. The market's future direction is marked by a focus on enhancing charging infrastructure's accessibility, reliability, and interoperability, as well as the integration of renewable energy sources and advanced charging technologies.

How is this Electric Vehicle Charging Infrastructure Industry segmented and which is the largest segment?

The electric vehicle charging infrastructure industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Method

  Fast charger
  Slow charger


Type

  AC
  DC


Installation Type

  Fixed
  Portable


Level of Charging

  Level 1
  Level 2
  Level 3


Deployment

  Private
  Semi-Public
  Public


Application

  Commercial
  Residential


Geography

  APAC

    China
    India
    Japan


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Spain


  South America

    Brazil


  Middle East and Africa

By Method Insights

The fast charger segment is estimated to witness significant growth during the forecast period. The Electric Vehicle (EV) charging infrastructure market encompasses various charging technologies, connectors, and applications. DC chargers, a type of fast charger, convert AC power from the grid to DC directly within the charger, eliminating the need for onb

The Shared Mobility Market Report is Segmented by Type (Ride-Hailing, Car Sharing, Shared Micromobility (E-Bikes, E-Scooters, Etc. ), Rental and Leasing, and Others (Shuttle Services, Bus Services, Etc. )), Vehicle Type (Passenger Cars, Light Commercial Vehicles (Pickup Vans, Etc. ), Buses and Coaches, and Two-Wheelers), Business Model (Peer-To-Peer (P2P), Business-To-Business (B2B), Business-To-Consumer (B2C), Propulsion Type (Internal Combustion Engine (ICE) and Electric), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts for the Shared Mobility Market in Value (USD) for all the Above Segments.

125 MPH+ Performance: This segment targets high-performance electric vehicles with a top speed exceeding 125 MPH, appealing to enthusiasts and track enthusiasts.Range: Electric vehicles are categorized based on their driving range on a single charge: Less than 300 Miles: Ideal for daily commutes and urban use. More than 300 Miles: Offers extended range for longer journeys and road trips. Vehicle Drive Type: This segment classifies vehicles based on their drivetrain: Front Wheel Drive: Provides good traction and handling. Rear Wheel Drive: Enhances stability and performance. Four Wheel Drive: Improves traction and off-road capabilities. All Wheel Drive: Similar to four-wheel drive, but with advanced electronic control for optimized power distribution. End Use: Electric vehicles are used for various purposes: Private: Personal transportation by individual consumers. Commercial Fleets: Electric vehicles deployed by businesses for transportation, delivery, and other commercial activities. Vehicle Type: The market is segmented based on vehicle type: Passenger Cars: Electric vehicles designed for personal and family transportation. Commercial Vehicles: Electric vehicles used for commercial purposes, such as delivery vans and public transportation buses. Two & Three Wheelers: Electric vehicles with two or three wheels, including motorcycles, scooters, and tricycles. Off-Highway Vehicles: Electric vehicles designed for off-road use, such as ATVs and golf carts. Technology: Electric vehicles employ different technologies: Battery Electric Vehicles (BEVs): Vehicles powered solely by electric motors using energy stored in batteries. Plug-In Hybrid Electric Vehicles (PHEVs): Hybrid vehicles that combine an electric motor and a gasoline engine, offering both electric and gasoline propulsion. Fuel-Cell Electric Vehicles (FCEVs): Vehicles powered by hydrogen fuel cells that react with oxygen to produce electricity, emitting only water vapor. Recent developments include: April 2024: Recently, BYD's new all-electric car, the SEAGULL, made its official debut in Colombia. Local customers have been eagerly awaiting the BYD SEAGULL since its introduction at the Colombia Auto Show last year. With its sleek appearance, state-of-the-art electric features, and great value for money, this little electric hatchback is sure to become the preferred vehicle for young urban Colombians. More than 600 media representatives and customers attended the launch event, which received praise from the local press for being Colombia's premier new product launch each year., According to Li Nan, Deputy General Manager of BYD America Auto Sales Division, "BYD has been committed to advancing the development of electric mobility since joining the automotive industry in 2003." With total sales of over 7 million vehicles worldwide, BYD has emerged as the market leader in the world for new energy vehicles. In the future, we hope to provide customers with even more dependable and high-quality products. More young Colombians will be able to purchase their first battery-electric car thanks to the launch of the BYD SEAGULL.", "The Colombian automotive market faces significant challenges in 2024," said Marco Pastrana, general manager of Motorysa, BYD's partner in Colombia. In spite of these obstacles, BYD has seen an astounding 31% increase in sales. BYD has continuously led the market in new energy passenger vehicle sales since entering Colombia. The BYD SEAGULL's introduction is expected to strengthen Colombia's stance on environmentally friendly transportation, demonstrating the nation's readiness to embrace the future of electric mobility.", January 2023: Once a longshot startup, Tesla grew to become the largest manufacturing employer in the state and the leading manufacturer of electric vehicles worldwide in just 20 years since its founding in San Carlos, California. Over the past ten years, the US has lost a lot of manufacturing jobs, and global supply chains have been shaken up, but Tesla has defied the trend by increasing employment and production in the US. The employment in California that was fueled by Tesla increased by 40% between 2018 and 2021, and the state's wages that year exceeded the national average by 50%, offering the highest compensation in our industries., Over 80,000 direct and indirect jobs in California were supported by Tesla in 2021. Of these, more than 43,000 were the result of spending $1.6 billion with suppliers in California. For every 100 direct Tesla jobs, the supply chain supported an additional 50 jobs, and subsequent consumer activity supported an additional 68 jobs. Tesla paid $1 billion in federal, state, and local taxes on average between 2018 and 2021; in 2021, state and local taxes accounted for about $400 million of the total. Between 2018 and 2021, Tesla's average share of the state's gross state product (GSP) increased by 42%, outpacing the state's GSP growth of 16%. $16.6 billion in economic activity, or $44.4 million every day, was generated by the wages of Tesla and jobs related to Tesla.. Key drivers for this market are: Government Incentives: Tax breaks, rebates, and charging infrastructure investments stimulate electric vehicle adoption. Falling Battery Costs: Declining battery costs make electric vehicles more affordable and competitive.. Potential restraints include: Range Anxiety: Concerns about driving range and availability of charging stations hinder widespread adoption. Charging Infrastructure Discrepancies: Uneven distribution and limited availability of public charging stations pose challenges.. Notable trends are: Autonomous Driving Integration: Electric vehicles are becoming testbeds for autonomous driving technologies, enhancing safety and convenience. Battery Swapping Infrastructure: Swapping depleted batteries for charged ones is gaining popularity to address range anxiety..

The South America Electric Vehicles Market is segmented by Vehicle Type (Commercial Vehicles, Passenger Vehicles, Two-Wheelers), by Fuel Category (BEV, FCEV, HEV, PHEV) and by Country (Brazil). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

Electric Mobility Networks Market 2025: Projected to hit USD 1187.89B by 2029 at 27.1% CAGR. Access in-depth analysis on trends, market dynamics, and competitive landscape for data-driven decisions.