ev charger market Size, Share, & Forecast 2028
The EV Charger Market is expected to reach USD 32 billion by 2028, expanding at a CAGR of 27.2% over the forecast period (2021-2028). The factors driving growth of the EV Charger Market includes growing concerns related to greenhouse gas emissions and climate change, rising demand for energy efficient and low-carbon transportation systems around the world, Government policies promoting the adoption of electric vehicles and improvements in the living standards. Moreover, technological advancements in charging infrastructure, growing prevalence of respiratory and other diseases, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the EV Charger Market size . In addition, the increasing investments by major companies on research and development and growing population growth rates, are further contributing towards the market growth. However, growth of the EV Charger Market is hindered attributed to high prices of elec...