The global electric vehicle (EV) charger market size was estimated at USD 7.01 billion in 2021. The demand for the EV chargers is expected to grow at a significant pace in the upcoming years owing to the rising demand for the electric and alternative fuel vehicles across the globe. The rising concerns related to carbon emission from vehicles, climate change, and rising air pollution has shifted the focus towards the adoption of the clean and green energy. This is a major factor that has driven the demand for the electric vehicles.

Furthermore, the government incentives and subsidies provided to the customers to purchase electric vehicles is playing an exceptional role towards the increase in the adoption of the electric vehicles. In Japan, the government is offering US$ 1,800 for buying PHEV and US$ 3,700 for purchasing BEV. Further, the Canada government is proving US$ 3,700 for buying electric vehicles to the consumers. This is fueling the sales of the EVs, which is significantly boosting the growth of the EV charger market across the globe.