Germany Electric Vehicle Charging Stations Market Size, Share, Opportunities, And Trends By Type Of Electric Vehicle (Battery Electric Vehicles (BEVs), Plug-In Hybrid Electric Vehicles (PHEVs)), By Application (Public, Private), By Type (AC Charging, DC Charging), And By State - Forecasts From 2024 To 2029

  • Published : Oct 2024
  • Report Code : KSI061612552
  • Pages : 118
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Germany Electric Vehicle Charging Stations Market Size:

The German Electric Vehicle Charging Stations market is estimated at US$1,421.140 million in 2024 and is anticipated to expand at a CAGR of 25.60% to attain US$4,442.723 million by 2029.

An EV (electric vehicles) charging station is a type of hub or center, which offers charging solutions to these vehicles. The charging station, through the charging points available in the stations, links an EV to a power source, allowing electric vehicles to obtain energy from the grid to charge their batteries. The EV charging station market is predicted to grow in Germany, mainly due to the increasing demand for electric vehicles and the developments in the nation's electric vehicle ecosystem.

Germany offers one of the most developed public electric vehicle charging infrastructures in the European region. In Germany, one of the key factors that is attributed to the growth of the electric vehicle demand in the nation is the rapid development of the nation’s charging infrastructure. The nation also introduced multiple policies and investment opportunities to further boost its charging station networks, especially in the remote locations of the nation, which include rural areas, and highways. Clean Energy Wire, in its report, stated that in 2023, Germany had 134,226 public charging points, with a combined capacity of 6.3 GW. Its government aims to have about 15 million electric passenger cars nationwide, with about 1 million charging points by 2030.

Similarly, the introduction of various government initiatives aimed at developing the nation’s EV charging infrastructure is also predicted to propel the market. For instance, the government introduced the “The Germany Network” project, which aimed to install over 1,000 user-friendly charging stations nationwide, including about 9,000 fast charging points.

Germany Electric Vehicle Charging Stations Market Growth Drivers:

  • Increasing sales of electric vehicles

The increasing ownership of electric vehicles in Germany is expected to propel the demand to establish more EV charging stations. The demand for electric vehicles in Germany is among the biggest in the European region. Furthermore, the introduction of policies and development projects by the government is also pushing the demand for electric vehicles nationwide. Germany aims to achieve net-zero carbon emissions by 2045 and cut emissions by roughly 65% by 2030. The regulations and initiatives to prevent the emission are thus expected to lead to increasing adoption of EVs.

As stated by the Clean Energy Wire, in 2023, battery electric vehicles (BEVs) attained about one-fifth of Germany's total new vehicle registrations. The European Automobile Manufacturers Association, in its report, stated that in August 2024, the share of BEVs in the total new car registration was recorded at 13.7%, whereas plug-in hybrid vehicles were 6.9% and hybrid vehicles were 28.3%.

In the European Union, Germany is only second to the Netherlands in the availability of public charging points. The European Automobile Manufacturers Association (AECA), in its report, stated that in 2023, the Netherlands had 144,453 public chargers, whereas Germany had about 120,625 public chargers. In Germany, battery electric vehicles accounted for about 18.4% of the total vehicles in the nation in 2023.

Germany Electric Vehicle Charging Stations Market Products Offered by Key Companies:

  • Shell Recharge is a subsidiary of Shell Plc, a British multinational oil and gas company that offers e-mobility solutions. It is among the biggest electric mobility companies and aims to offer easy-to-use charging solutions for electric vehicles. In the global e-mobility sector, the company offers multiple solutions, such as Shell Car Care, Shell Go+, Shell Recharge, and Shell stations.
  • ChargePoint, Inc. is among the biggest electric vehicle infrastructure companies globally. It offers solutions for fleets, drivers, businesses, and drivers. In the German electric vehicle charging station market, the company offers Level 2 AC charging stations and DC fast charging stations. Its products include CP6000, CT4000, CPF50, and Express Plus, among many others.

Germany Electric Vehicle Charging Stations Market Key Developments:

  • In March 2024, Mer, a European electric vehicle charging company, announced its partnership with IKEA, to build one of the largest charging networks in Germany. With this partnership, the companies aimed to establish 1,000 new charging points in IKEA stores and other locations in the nation.
  • In November 2023, Mercedes-Benz launched its first charging hub in Mannheim, Germany. The company aims to establish about 2,000 charging stations worldwide, with about 10,000 fast charging points. The charging station in Mannheim offers six charging points and an output of 300kW.

Germany Electric Vehicle Charging Stations Market Scope:

Report Metric Details
Germany EV Charging Stations Market Size in 2024 US$1,421.140 million
Germany EV Charging Stations Market Size in 2029 US$4,442.723 million
Growth Rate CAGR of 25.60%
Study Period 2019 to 2029
Historical Data 2019 to 2022
Base Year 2024
Forecast Period 2024 – 2029
Forecast Unit (Value) USD Million
Segmentation
  • Type of Electric Vehicle
  • Application
  • Type
  • State
Geographical Segmentation Bayern, Nordrhein-Westfalen, Baden-Württemberg, Niedersachsen, Hessen, Others
List of Major Companies in Germany EV Charging Stations Market
Customization Scope Free report customization with purchase

 

The German Electric Vehicle Charging Stations market is analyzed into the following segments:

  • By Type of Electric Vehicle
    • Battery Electric Vehicle (BEVS)
    • Plug-In-Hybrid Electric Vehicles (PHEVS)
  • By Application
    • Public
    • Private
  • By Type
    • AC Charging
    • DC Charging
  • By State
    • Bayern
    • Nordrhein-Westfalen
    • Baden-Württemberg
    • Niedersachsen
    • Hessen
    • Others

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Frequently Asked Questions (FAQs)

The germany electric vehicle charging stations market is expected to reach a total market size of US$4,442.723 million by 2029.

Germany Electric Vehicle Charging Stations Market is valued at US$1,421.140 million in 2024.

The germany electric vehicle charging stations market is expected to grow at a CAGR of 25.60% during the forecast period.

The germany electric vehicle charging stations market has been segmented by type of electric vehicle, application, type, and state.

Prominent key market players in the germany electric vehicle charging stations market include Siemens, Schneider Electric, Compleo Charging Solutions GmbH, Vattenfall InCharge, SCHURTER Group among others.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GERMANY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY TYPE OF ELECTRIC VEHICLE

5.1. Introduction

5.2. Battery Electric Vehicles (BEVs)

5.3. Plug-in Hybrid Electric Vehicle (PHEV)

6. GERMANY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY APPLICATION

6.1. Introduction

6.2. Public

6.3. Private

7. GERMANY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY TYPE

7.1. Introduction

7.2. AC Charging

7.3. DC Charging

8. GERMANY ELECTRIC VEHICLE CHARGING STATIONS MARKET BY STATE

8.1. Introduction

8.2. Bayern

8.3. Nordrhein-Westfalen

8.4. Baden-Württemberg

8.5. Niedersachsen

8.6. Hessen

8.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Allego B.V.

10.2. ChargePoint Inc.

10.3. Tesla Inc.

10.4. Shell Recharge

10.5. Siemens

10.6. Schneider Electric

10.7. Compleo Charging Solutions GmbH

10.8. Vattenfall InCharge

10.9. SCHURTER Group

10.10. Alfen N.V.

Allego B.V. 

ChargePoint Inc. 

Tesla Inc. 

Shell Recharge 

Siemens 

Schneider Electric 

Compleo Charging Solutions GmbH 

Vattenfall InCharge 

SCHURTER Group 

Alfen N.V.