| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 9.68 Billion |
| Market Size (2030) | USD 32.11 Billion |
| CAGR (2025 - 2030) | 27.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Residential EV Charger Market Analysis
The Residential EV Charger Market size is estimated at USD 9.68 billion in 2025, and is expected to reach USD 32.11 billion by 2030, at a CAGR of 27.10% during the forecast period (2025-2030).
As the global community grapples with climate change and environmental challenges, the adoption of electric vehicles (EVs) has surged, underscoring the growing demand for accessible charging infrastructure in residential areas. An EV charging station, found in residential settings, is a specialized facility equipped with the necessary technology to charge electric vehicles. Unlike conventional petrol stations, these stations cater specifically to electric vehicles and plug-in hybrids, offering a seamless solution for both current EV owners and those contemplating the switch to electric transportation. For Instance,
In November 2023, Leviton, a top player in electric vehicle charging hardware, teamed up with AmpUp, a company dedicated to simplifying EV charging management. Together, they sought to transform the EV charging landscape, delivering a unified solution that was safe, innovative, and efficient for users.
One of the primary advantages of having EV charging stations in residential areas is the convenience they provide to electric vehicle owners. Many EV owners value the ability to charge their vehicles overnight, ensuring they're fully powered and ready for the day. This convenience diminishes the need for trips to public charging stations, saving both time and effort. Moreover, home charging enhances the accessibility of electric vehicles, making them a more attractive option for potential buyers who might have previously hesitated due to charging infrastructure concerns. On an economic note, the presence of EV charging stations in residential neighborhoods can bolster property values.
Residential EV Charger Market Trends
Surge in demand for EVs
The residential EV charger market is undergoing a significant transformation, driven by the rapid surge in electric vehicle (EV) adoption. Over the past five years, global EV sales have skyrocketed, jumping from 2.23 million units in 2019 to a staggering 13.40 million units in 2023. This meteoric rise not only highlights the swift pivot towards sustainable transportation but also underscores the mounting demand for home-based charging solutions as EV ownership climbs.
As EVs gain mainstream traction, consumers are increasingly valuing convenience and efficiency in their charging choices. This shift has spurred a notable uptick in demand for residential chargers. With EV sales nearly sextupling from 2019 to 2023, homeowners are turning to advanced Level 2 chargers, seeking faster and more efficient charging solutions. For instance,
In April 2023, Schneider Electric, a global frontrunner in energy management and automation's digital transformation, unveiled its latest innovation: the EVlink Home charger. This new charger boasted features designed to simplify home installation and enhance cost-effectiveness for users.
Governments globally are pushing for a shift to electric vehicles (EVs) by offering subsidies and developing infrastructure. This initiative is boosting the demand for home charging solutions. As this trend continues, we can anticipate heightened innovation, competitive pricing, and the integration of advanced technologies in the residential EV charger market.
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Asia-pacific dominates the market
In 2023, Asia-Pacific solidified its position as the global leader in EV sales, with a staggering 8.56 million units sold, far outpacing Europe’s 3.11 million, North America's 1.57 million, and a mere 0.16 million from the rest of the world. This remarkable performance highlights the region's pivotal role in driving the global electric vehicle market, underpinned by its robust infrastructure development, government incentives, and growing consumer demand for sustainable transportation solutions.
This surge in sales, largely propelled by nations such as China, Japan, South Korea, and India, not only cements Asia-Pacific's status as the epicenter of global EV growth but also positions the region at the forefront of the residential EV charger market's evolution. China, as the largest EV market globally, continues to lead with its extensive charging infrastructure and aggressive policy measures, while Japan and South Korea contribute through advancements in battery technology and innovative charging solutions. India, on the other hand, is witnessing rapid growth due to its government’s push for electrification and increasing investments in EV infrastructure.
Bolstered by supportive policies, technological strides, and heightened consumer awareness, Asia-Pacific is poised to further entrench its dominance in the global EV landscape. The region's focus on integrating renewable energy sources with EV charging networks and its commitment to reducing carbon emissions are expected to drive sustained growth in the residential EV charger market. As the adoption of electric vehicles continues to rise, Asia-Pacific is likely to remain a key player in shaping the future of the global EV ecosystem.
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Residential EV Charger Industry Overview
As electric vehicles (EVs) gain traction, the demand for convenient home charging solutions propels the Residential EV Charger market forward. Dominating this landscape are established players, including Tesla, ChargePoint, Schneider Electric, Siemens, and ABB, each providing a spectrum of Level 1 and Level 2 chargers, often enhanced with smart connectivity and energy management features. For Instance,
In March 2024, Leviton, a frontrunner in residential electric vehicle supply equipment (EVSE) and wireless smart home technology, had unveiled a plug-in variant of its EV Series Smart Home. While the EV Series Smart Home stations debuted in January 2023 with only hardwired versions, they had boasted compatibility with the My Leviton App. This integration empowered users to manage their entire smart home ecosystem, encompassing lighting, load centers, and EV charging.
In May 2023, Schneider Electric unveiled a new at-home electric vehicle (EV) charger, aligning itself with numerous inverter manufacturers that had been eyeing the burgeoning home EV charging market. This move came as the global shift towards electric vehicles accelerated. Schneider's latest offering featured an anti-tripping device, allowing users to simultaneously charge their car and operate household appliances, like the dishwasher.
New entrants are making their mark by emphasizing innovative designs, affordability, and the integration of renewable energy sources, particularly solar power. Forming strategic partnerships with automakers and utilities has emerged as a pivotal strategy in the competitive landscape, allowing these players to bolster their distribution networks and amplify brand visibility.
Residential EV Charger Market Leaders
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Tesla, Inc.
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ChargePoint, Inc.
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ABB Ltd.
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Schneider Electric SE
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Siemens AG
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Webasto Group
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Eaton Corporation
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Wallbox
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EVBox
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Blink Charging Co.
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EVgo
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Shell Recharge
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Bosch
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ClipperCree
- *Disclaimer: Major Players sorted in no particular order
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Residential EV Charger Market News
- November 2024: ABB Electrification Canada had inked a licensing deal with Black Box Innovations, a Canadian electrical equipment supplier, to produce energy management systems for electric vehicles (EVs). These systems harnessed Black Box's patented technology, which facilitated the installation of EV chargers directly onto current electrical panels. This innovative technology from Black Box Innovations allowed EVs, or similar devices, to charge only when there was ample electrical capacity. Moreover, it could automatically halt or diminish charging when the capacity was constrained. Designed for compatibility with both residential and commercial electrical services ranging from 60 A to 200 A, this technology aimed to negate the necessity for any upgrades to electrical services or panels.
- October 2024: ChargePoint, a top provider of networked charging solutions for electric vehicles (EVs), launched a new service. This service aimed to offer EV drivers a seamless experience, allowing them to easily purchase and install the ChargePoint Home Flex residential charger.
- June 2024: ChargePoint, a top provider of networked charging solutions for electric vehicles (EVs), teamed up with global innovator LG Electronics (LG) in a strategic partnership. This collaboration aimed to harness their combined strengths for pioneering advancements in EV charging. Potential collaborative ventures included: merging ChargePoint's EV charging solutions with LG's energy storage systems; integrating LG's ThinQ smart home platform with ChargePoint's acclaimed Home Flex residential charger; and developing chargers that utilized LG's digital-out-of-home advertising platform, alongside other avenues that were under consideration.
Residential EV Charger Industry Segmentation
Homeowners typically install residential EV charging stations in garages or driveways. These stations, designed for personal use, generally operate at lower power levels than commercial ones, with speeds between 3.3 kW and 11 kW. As a result, fully charging an electric vehicle at home can take several hours. A key benefit of these residential stations is their affordability and straightforward installation process. Many electric vehicle manufacturers provide home charging stations as optional accessories, complemented by numerous third-party providers specializing in residential EV solutions.
Residential EV Charger Market is segmented Charger Type, Vehicle Type, Charging Station Type, Connectivity, Installation Type, Purchase Channel and Geography. Based on the Charger Type, the market is segmented into Level 1, Level 2, and DC Chargers. Based on the Vehicle Type, the market is segmented into passenger vehicle and commercial vehicle. Based on the Charging Station Type, the market is segmented into Low (Upto 3. 7 KW), Medium (3. 7 KW To 11 KW), and High (11 KW and Above). Based on the Connectivity, the market is segmented into Smart Chargers and Non-Smart Chargers. Based on the Installation Type, the market is segmented into Wall-Mounted, Portable, and Pedestal-Mounted. Based on the Purchase Channel, the market is segmented into OEMs, Through Electric Vehicle Dealerships, Online Retailers, and Specialized EV Equipment Stores. Based on the geography, the market is segmented into the North America, Europe, Asia Pacific and Rest of the World. For each segment, market sizing and forecast have been done on the basis of value (USD).
| Charger Type | Level 1 | ||
| Level 2 | |||
| DC Chargers | |||
| Vehicle Type | Passenger Vehicle | ||
| Commercial Vehicle | |||
| Charging Station Type | Low (Upto 3. 7 KW) | ||
| Medium (3. 7 KW To 11 KW) | |||
| High (11 KW and Above) | |||
| Connectivity | Smart Chargers | ||
| Non-Smart Chargers | |||
| Installation Type | Wall-Mounted | ||
| Portable | |||
| Pedestal-Mounted | |||
| Purchase Channel | OEMs | ||
| Through Electric Vehicle Dealerships | |||
| Online Retailers | |||
| Specialized EV Equipment Stores | |||
| Geography | North America | US | |
| Canada | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia Pacific | India | ||
| China | |||
| Japan | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Rest of the World | South America | ||
| Middle East and Africa | |||
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Residential EV Charger Market Research FAQs
How big is the Residential EV Charger Market?
The Residential EV Charger Market size is expected to reach USD 9.68 billion in 2025 and grow at a CAGR of 27.10% to reach USD 32.11 billion by 2030.
What is the current Residential EV Charger Market size?
In 2025, the Residential EV Charger Market size is expected to reach USD 9.68 billion.
Who are the key players in Residential EV Charger Market?
Tesla, Inc., ChargePoint, Inc., ABB Ltd., Schneider Electric SE, Siemens AG, Webasto Group, Eaton Corporation, Wallbox, EVBox, Blink Charging Co., EVgo, Shell Recharge, Bosch and ClipperCree are the major companies operating in the Residential EV Charger Market.
Which is the fastest growing region in Residential EV Charger Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Residential EV Charger Market?
In 2025, the Asia Pacific accounts for the largest market share in Residential EV Charger Market.
What years does this Residential EV Charger Market cover, and what was the market size in 2024?
In 2024, the Residential EV Charger Market size was estimated at USD 7.06 billion. The report covers the Residential EV Charger Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Residential EV Charger Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Residential EV Charger Industry Report
Statistics for the 2025 Residential EV Charger market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Residential EV Charger analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
