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Electric Vehicle Charging: 192 million connections by 2030, generating USD4.8 billion in revenue

  • Internet of Things
  • IoT
  • Hyperconnectivity
  • Wi-Fi
  • Bluetooth
  • Cellular
  • 4G
  • Ethernet
  • Electric Vehicles
  • EVs
  • EV Charging
  • Charging Stations
  • Public Charging
  • Private Charging
  • Rohan Bansal
  • Matt Arnott
This report summarises the status and forecasts from the Electric Vehicle Charging Application Group found in the Transforma Insights Connected Things IoT forecast. The report provides a description of what is covered in the Application Group, the current status and future plans for EV charging infrastructure, as well as top-level figures from the forecast that provide detail on how many connected devices will be installed, the types of communication technology used and the total revenue opportunity. Full details are accessible through the TAM Forecast tool.

This report provides Transforma Insights’ view on the connected EV Charging market. This segment is comprised of public and private EV chargers, including those installed at all kinds of commercial and residential establishments.

Drivers are quickly switching from traditional fuel operated vehicles to hybrids and EVs. Governments around the globe are playing a key role in aiding this switch by providing incentives to drivers for switching to EVs. The growing demand for EVs has led to the need for sufficient charging infrastructure to be in place to charge these EVs. Chargers are also increasingly being connected. Typically, this is to provide drivers with remote functionalities to decide the time and charge amount of their vehicles in the case of private chargers and allowing for remote monitoring and maintenance or dynamic pricing for public chargers.

The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used (including splits by 2G, 3G, 4G, 5G, LPWA, short range, satellite, and others), as well as the revenue split between module, value-added connectivity, and services. A full set of forecast data, including country-level forecasts, sector breakdowns and public/private network splits, is available through the IoT Forecast tool.

  • ABB
  • Audi
  • BMW
  • ChargePoint
  • Co Charger
  • EDF
  • Elektromotive
  • EnelX
  • EVmatch
  • EV Box
  • EvoCharge
  • Gireve
  • Hive Home
  • Hubject
  • Lightsource Labs
  • Mahindra Racing
  • NewMotion
  • Opel
  • Plugsurfing
  • Sirreta
  • Virta
  • Volkswagen
  • Wallbox Chargers
  • Wave
  • Internet of Things
  • Hyperconnectivity
    • Electricity, Gas, Steam & A/C
    • Transportation & Storage
    • Consumer