[XIE SHANGGUO/FOR CHINA DAILY] Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year, experts and industry executives said.
The development of the European charging pile market is ahead of the North American market, but the market is not as saturated as China. There is a large demand gap for public charging piles, and there is a lot of room for growth.
By 2025, the overall charging pile market in Europe and the US will reach a combined total of about 73.12 billion yuan ($10.1 billion), with more than three-quarters of the market share coming from private charging piles, according to an estimate by Guosen Securities.
The global market for Charging Pile was estimated to be worth US$ 2766.2 million in 2023 and is forecast to a readjusted size of US$ 12040 million by 2030 with a CAGR of 22.1% during the forecast period 2024-2030
The Charging Pile market is segmented as below: By Company BYD ABB TELD Chargepoint Star Charge Wallbox EVBox Webasto Xuji Group SK Signet Pod Point Leviton CirControl Daeyoung Chaevi EVSIS IES Synergy Siemens Clipper Creek Auto Electric Power Plant DBT-CEV Segment by Type AC Charging Pile DC Charging Pile Segment by Application
Fast charging piles have great growth potential. According to the French government plan, the number of public charging piles will reach 434,000 by 2025 and 965,000 by 2030, with a growth rate of 36% from 2022 to 2030. The French government has launched a number of policies to promote the construction of charging piles.
Swap stations, 2,500 taxi charging and swap stations, 2,450 charging stations for sanitation and logistics and other special vehicles; in residential areas, more than 2.8 million user-specific charging piles have been built, encouraging qualified …