Global Peer-to-peer Electric Vehicle Charging Market Size & Outlook
The peer-to-peer electric vehicle charging industry worldwide is expected to reach a projected revenue of US$ 624,170.0 million by 2030. A compound annual growth rate of 22.3% is expected of the worldwide peer-to-peer electric vehicle charging industry from 2024 to 2030.
Revenue, 2023 (US$M)
$152,335.9
Forecast, 2030 (US$M)
$624,170.0
CAGR, 2024 - 2030
22.3%
Report Coverage
Worldwide
Global peer-to-peer electric vehicle charging market, 2018-2030 (US$M)
Related Markets
Global peer-to-peer electric vehicle charging market highlights
- The global peer-to-peer electric vehicle charging market generated a revenue of USD 152,335.9 million in 2023 and is expected to reach USD 624,170.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 22.3% by 2030.
- In terms of segment, level-2 accounted for a revenue of USD 111,439.2 million in 2023.
- Level-2 is the most lucrative charging type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 152,335.9 million |
| Market revenue in 2030 | USD 624,170.0 million |
| Growth rate | 22.3% (CAGR from 2023 to 2030) |
| Largest segment | Level-2 |
| Fastest growing segment | Level-2 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Level-1, Level-2 |
Other key industry trends
- In terms of revenue, the North America accounted for 35.9% of the global peer-to-peer electric vehicle charging market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 66,981.8 million by 2030.
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Peer-To-Peer Electric Vehicle Charging Market Scope
Peer-to-peer electric vehicle charging market segmentation & scope
Others
Peer-To-Peer Electric Vehicle Charging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global peer to peer electric vehicle charging market size, by regions, 2018-2030 (US$M)
Top 10 countries: Peer to peer electric vehicle charging market size, 2023 (US$M)
Global peer to peer electric vehicle charging market share, by charging type, 2023 & 2030 (%, US$M)
Peer-to-peer electric vehicle charging market: Opportunity assessment by country
Global peer-to-peer electric vehicle charging market, by region, 2023 (US$M)
| Charging Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 22,962.2 | 27,664.7 | 33,044.2 | 37,764.0 | 45,422.3 | 54,746.2 | 66,130.7 | 79,987.6 | 96,933.1 | 117,590.4 | 142,823.9 | 173,902.8 | 212,099.4 | 21.4% |
| Europe | 18,290.1 | 22,137.1 | 26,560.1 | 32,018.1 | 38,712.7 | 46,903.7 | 56,954.1 | 69,249.2 | 84,359.7 | 102,874.2 | 125,647.8 | 153,821.9 | 188,648.6 | 22.0% |
| Asia Pacific | 19,203.8 | 23,573.8 | 28,673.9 | 33,693.1 | 41,282.5 | 50,686.0 | 62,370.2 | 76,849.2 | 94,871.2 | 117,241.7 | 145,024.4 | 179,859.4 | 223,422.0 | 23.6% |
| Overall | 60,456.1 | 73,375.6 | 88,278.2 | 103,475.2 | 125,417.5 | 152,335.9 | 185,455.1 | 226,086.0 | 276,164.0 | 337,706.2 | 413,496.1 | 507,584.1 | 624,170.0 | 22.3% |
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