Here is a professional summary of the Grand View Research forecast report on the U.S. Electric Vehicle Charger and Charging Station Market, based on publicly accessible key statistics and projections:
Market Size and Growth Forecast
According to Grand View Research’s market outlook, the U.S. electric vehicle charger and charging station market generated approximately USD 4,027 million in revenue in 2023 and is expected to expand significantly through the end of the decade. By 2030, the market is projected to reach about USD 24,068 million, reflecting robust growth in EV charging infrastructure demand. The forecasted compound annual growth rate (CAGR) from 2024 to 2030 is approximately 29.1%, indicating a rapid expansion phase driven by accelerating EV adoption and investment in public and private charging networks. (Grand View Research)
Segment Dynamics
Within the U.S. market, fast chargers were the largest revenue-generating charger type in 2023 and are expected to remain the most lucrative segment during the forecast period, given the increased deployment of high-power DC fast charging to support long-distance travel and reduce wait times. Fast chargers typically offer significantly shorter charge durations compared to slower AC chargers, making them a strategic focus for highway corridors and commercial hubs. (Grand View Research)
Regional and Global Context
Grand View Research notes that the U.S. accounted for a significant portion of the North American electric vehicle charger and charging station market in 2023, and that by 2030, the U.S. is projected to lead the regional market in terms of revenue. Globally, while China is expected to maintain the largest share of EV charging infrastructure revenue by 2030, the U.S. continues to demonstrate one of the fastest regional growth profiles. (Grand View Research)
Key Points
Grand View Research (2025). U.S. Electric Vehicle Charger and Charging Station Market Size & Outlook, 2030. Retrieved from Grand View Research website. Projected revenues and growth trends indicate that the U.S. EV charger and charging station market is expected to expand from USD 4,027 million in 2023 to USD 24,068 million by 2030, representing a CAGR of approximately 29.1%, with fast chargers comprising the largest segment. (Grand View Research)
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