Spain Electric Vehicle Charging Stations Market - Strategic Insights and Forecasts (2025-2030)

Description

Spain Electric Vehicle Charging Stations Market Size:

The Spain Electric Vehicle Charging Stations Market is expected to witness robust growth over the forecast period.

Spain Electric Vehicle Charging Stations Market Key Highlights

• Public Infrastructure Milestone: Spain surpassed 46,000 operational public charge points as of June 1, 2025, according to AEDIVE, demonstrating a rapid infrastructural scale-up.
• Decentralized Regulation Catalyst: Royal Decree-Law 29/2021 directly propels market demand by streamlining permitting for installations up to 3,000 kW and mandating charging points in non-residential buildings and service stations.
• Financial Incentive Driver: The MOVES III Plan, funded by the EU's Recovery and Resilience Plan, offers substantial subsidies (up to 70-80% for private individuals) for charging point installations, directly translating into commercial demand for hardware and installation services.
• Major Utility-Led Deployment: Companies such as Iberdrola and Endesa X Way maintain leadership in deployment, with Iberdrola reaching 10,000 public charging points in operation in September 2025, validating a utility-centric market model.

Spain’s electric vehicle charging station market is in an accelerated deployment phase, transitioning from early-stage infrastructure to a more distributed and high-power network. This market momentum is fundamentally driven by coordinated legislative mandates and significant public financial stimulus aimed at closing the infrastructure gap relative to surging Electric Vehicle (EV) adoption. While facing inherent administrative and logistical friction, the sector is capitalizing on a clear government directive to decarbonize transport, creating a lucrative environment for hardware manufacturers, Charge Point Operators (CPOs), and e-mobility Service Providers (EMSPs).

Spain Electric Vehicle Charging Stations Market Analysis

• Growth Drivers

The primary catalyst for heightened demand for charging stations is the comprehensive MOVES III Plan. This incentive program, with a substantial budget, directly increases procurement requirement by lowering the effective cost of installation for both private and corporate entities. For individuals and homeowner communities, subsidies covering up to 80% of costs in smaller municipalities directly overcome the initial capital expenditure hurdle, thereby generating a measurable demand for private, typically AC, charging equipment. Simultaneously, the accelerating adoption of electric vehicles, with battery electric vehicle (BEV) sales in Spain jumping 72% in 2023, creates a non-negotiable requirement for a parallel expansion of public and private charging infrastructure to alleviate range anxiety and enable utility for the growing fleet.

• Challenges and Opportunities

The central challenge constraining market expansion is the administrative inefficiency in obtaining installation authorizations and grid connection approvals, which can delay operational readiness for up to two years. This friction translates into stalled demand, particularly for high-power DC fast-charging sites requiring complex grid upgrades. Conversely, the transition to ultra-fast charging technology represents a significant opportunity. The increasing deployment of 150 kW and greater capacity chargers, such as those facilitated by joint ventures like Iberdrola | bp pulse, directly fuels demand for more sophisticated, higher-margin DC charging hardware and the associated high-voltage grid connection services. This shift to high-power, en-route charging is critical for facilitating long-distance travel, a core requirement to fully unlock mass-market EV adoption and, by extension, charging station demand.

• Raw Material and Pricing Analysis

Electric vehicle charging stations, as physical hardware, are susceptible to global supply chain volatility in key components. The primary cost drivers and materials influencing station pricing include power electronics (semiconductors, IGBTs, rectifiers), which are essential for AC/DC conversion and power management, and copper, used extensively in cables and internal wiring. Price fluctuations in these global commodities directly impact the final cost of charging units. Copper price volatility, in particular, affects the overall cost of high-power DC charging units due to the higher gauge and length of cabling required for high current transfer. Supply chain pressures on semiconductor availability, while easing, previously created lead time bottlenecks, constraining the supply-side response to the increasing demand for advanced, smart charging solutions.

• Supply Chain Analysis

The Spanish EV charging station supply chain is characterized by a high reliance on global manufacturing for hardware and power electronics, primarily from Asian and, increasingly, European original equipment manufacturers (OEMs). Key production hubs for the actual charging equipment are often outside of Spain. The Spanish market’s value chain focuses predominantly on the downstream segments: logistics, installation services, and the operational services layer. Logistical complexity arises from transporting bulky charging units and coordinating the highly specialized civil and electrical engineering teams required for installation and grid connection. The market has a critical dependency on domestic or regional electrical engineering and construction firms to execute the physical, high-power deployments mandated by the utilities and public sector projects.

Government Regulations

The Spanish government has actively used legislative instruments to mandate demand and simplify deployment.

In-Depth Segment Analysis

• By Propulsion Type: DC Charging Station

The necessity for Direct Current (DC) charging stations is critically dependent on the rapid increase in high-capacity Battery Electric Vehicles (BEVs) and the growing requirement for en-route and ultra-fast charging to enable inter-city travel. Unlike slower AC charging used for overnight or destination stays, the value proposition of DC charging is its speed, which directly addresses consumer apprehension related to long-distance travel. The mandated infrastructure deployment on Spanish motorways, combined with a utility-driven strategy to establish fast-charging hubs, explicitly drives DC charging demand. Operators focus on sites with high user turnover, such as service stations and major retail centers, justifying the high capital expenditure for 50 kW to 350 kW units. This segment’s growth is fundamentally an outcome of a utility-scale investment imperative to deliver a seamless long-haul EV experience.

• By Ownership Type: Private (Workplace)

The workplace charging segment generates distinct, highly concentrated demand for AC and mid-power DC charging equipment. The market expansion is primarily catalyzed by corporate sustainability mandates and employee benefits programs, often reinforced by specific MOVES III grants for companies. The core value driver is not high speed but convenience and guaranteed overnight or full-day charging availability. The installation of charging points in corporate parking lots, as exemplified by Endesa X Way’s work with major Spanish corporations, directly increases the utility of employee-owned EVs, encouraging adoption. This requirement is predictable and scalable, driven by fleet electrification targets and the legal requirement for certain non-residential buildings to install charging points, positioning workplace charging as a vital and regulated component of private infrastructure development.

Competitive Environment and Analysis

The Spanish EV charging market is consolidated, with major integrated energy utilities dominating the competitive landscape for public infrastructure deployment. The competitive strategy focuses on securing strategic locations, achieving high network capillarity, and leveraging existing customer bases.

• Iberdrola España: As a leading utility, Iberdrola focuses on vertical integration, using 100% renewable electricity for its charging points, which acts as a key market differentiator for sustainability-focused clients. Its joint venture with BP Pulse targets the fast and ultra-fast charging segments along transport corridors, directly challenging independent CPOs. The company’s strategy involves large-scale, high-power hubs, such as the Leganés Megastation in Madrid, which positions it as a leader in destination and en-route charging capacity.
• Endesa X Way: The dedicated e-mobility business line of Endesa, this entity executes both public and private infrastructure projects. Its strategy emphasizes partnerships, creating one of the largest public access networks in Spain through agreements with entities like CEEES and Andamur. Endesa X Way’s focus on offering advanced charging technologies and flexible solutions, including the installation of ultra-fast 350 kW chargers on strategic highways, is aimed at securing market share in the premium, high-speed charging segment.

Recent Market Developments

• September 2025: Iberdrola España announced it had reached 10,000 public charging points in operation across Spain. This milestone, communicated via its press room, validates its position as a national leader in deployed public infrastructure across all power segments, supporting up to one million electric vehicles.
• August 2025: Iberdrola España secured a contract with the Murcia City Council to install a total of 98 EV charging stations (190 simultaneous charging spaces), including 40 fast chargers (50 kW) and 58 semi-fast chargers (22 kW). This local-level deployment emphasizes a continued focus on expanding municipal charging networks.
• December 2023: BP Pulse and Iberdrola launched a joint venture to focus on fast and ultra-fast EV charging across Spain and Portugal. The venture began operations with over 300 charging points and set a target of 5,000 points by 2025, indicating a significant commitment to expanding the high-power, corridor-based infrastructure.

Spain Electric Vehicle Charging Stations Market Segmentation

BY VEHICLE TYPE

• Passenger Vehicle
• Commercial Vehicle
• Others

BY PROPULSION TYPE

• AC Charging Station
• DC Charging Station

BY OWNERSHIP TYPE

• Public
• Private
  • Residential
  • Workplace

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK 

5.  SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET BY VEHICLE TYPE 

5.1. Introduction

5.2. Passenger Vehicle

5.3. Commercial Vehicle

5.4. Others

6.  SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET BY PROPULSION TYPE 

6.1. Introduction

6.2. AC Charging Station

6.3. DC Charging Station

7.  SPAIN ELECTRIC VEHICLE CHARGING STATION MARKET BY OWNERSHIP TYPE  

7.1. Introduction

7.2. Public

7.3. Private

7.3.1. Residential

7.3.2. Workplace

8.  COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Circontrol 

9.2. EDF Group 

9.3. ABB 

9.4. Wallbox 

9.5. Schneider Electric 

9.6. V2C 

9.7. Tesla 

9.8. Ingeteam 

9.9. Siemens AB

9.10. Webasto 

10. APPENDIX

10.1. Currency 

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

Companies Profiled

Circontrol 

EDF Group 

ABB 

Wallbox 

Schneider Electric 

V2C 

Tesla 

Ingeteam 

Siemens AB

Webasto 

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