Residential EV Charger Market to Surpass $12.4 Billion by 2032, Expanding at 17.3% CAGR
The Residential EV Charger market has witnessed exponential growth in line with global electric vehicle adoption. In 2022, the market was valued at $3.1 billion, and it is projected to reach $12.4 billion by 2032, representing a CAGR of 17.3%. Increased EV sales, government incentives, and urban charging infrastructure developments are key drivers of this surge.
Globally, EV registrations rose...
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