The Market Reports

Synopsis
The global market for Residential Electric Vehicle (EV) Charger was estimated to be worth US$ 1513 million in 2024 and is forecast to a readjusted size of US$ 17810 million by 2031 with a CAGR of 22.8% during the forecast period 2025-2031.

Residential electric vehicle (EV) chargers are devices that allow users to charge their electric vehicles at home. It is designed to provide a safe and convenient way to charge electric vehicle batteries. These chargers are usually installed in residential properties, such as houses or apartments, and are connected to the grid. Installing a residential EV charger allows EV owners to conveniently charge their vehicles at night or while parked at home.

According to the in - depth research data of authoritative industry associations, in 2024, the global new energy vehicle market achieved remarkable results, with sales volume exceeding 18 million units. In this booming development trend, the Chinese market, like a bright star, has become the core driving force for the growth of global new energy vehicle sales. In 2024, the sales volume of new energy vehicles in China surged strongly to 11 million units. Compared with the previous year, the growth rate reached 40%, and the proportion in the global total sales volume even reached 64.3%. Looking back over the past few years, even though the new energy subsidy policy has been fully phased out, the effective policy support in the early stage has laid an extremely solid foundation for the new energy vehicle industry in China, and has led to earth - shaking changes in the market pattern.

In addition to the outstanding Chinese market, the new energy vehicle markets in the United States and Canada also achieved remarkable results. The annual sales volume of new energy vehicles in these two countries reached 1.8 million units in 2024, achieving a year - on - year growth of 9%. However, the situation in the European market is slightly more complex. Although the annual sales volume of new energy vehicles in 2024 was 3 million units, there was a 3% decline compared with the previous year. From a macro perspective, the entire European automotive market was in a downturn in 2024. From January to November 2024, the sales volume of automobiles in the European Union was only 9.7 million units, with a year - on - year growth rate of only 0.4%. The complex and volatile international situation has caused the European economy to encounter many new challenges, and the automotive industry has also been significantly impacted.

The rapid growth of new energy vehicles, especially electric vehicles, has strongly driven the sales of Residential electric vehicle (EV) chargers. Although public charging piles are becoming increasingly popular in every corner of the city, residential charging piles still have huge development potential. Residential charging piles have many advantages. First of all, they are extremely convenient to use. Car owners do not need to search for public charging piles when they are out. They can charge their cars at any time when they get home. Whether they are resting at night or staying at home briefly during the day, they can easily complete the charging operation, which perfectly fits the fast - paced lifestyle of modern people. Secondly, there are certain cost advantages. Compared with public charging piles, the electricity charges for residential charging piles in some areas during off - peak hours are cheaper. In the long run, it can save car owners a considerable amount of money. Furthermore, the installation of residential charging piles is relatively flexible. As long as there is a suitable parking space or garage, they can be installed according to their own needs, without being restricted by the uneven distribution of public charging piles, which further enhances the user experience.

This report aims to provide a comprehensive presentation of the global market for Residential Electric Vehicle (EV) Charger, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Residential Electric Vehicle (EV) Charger by region & country, by Type, and by Application.

The Residential Electric Vehicle (EV) Charger market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Electric Vehicle (EV) Charger.

Market Segmentation
By Company

• Chargepoint
• Wallbox
• ABB
• Eaton
• TELD
• Schneider Electric
• Siemens
• Star Charge
• Blink Charging
• Shanghai Zhida Technology
• Pod Point
• Ampure EV Solutions
• Scame Parre
• CirControl
• Hunan Jingneng New Energy
• ORBIS
• EAST
• Leviton
• Efacec
• Rolec
• Enel X
• Enphase
• CITA Smart Solutions
• DBT-CEV
• Suntree

Segment by Type

• Portable Charger
• Wall Mount AC Charger
• Others

Segment by Application

• For BEV
• For PHEV

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.