DC Chargers Market Report Scope & Overview:

DC Chargers Market Size was valued at USD 86.81 billion in 2022 and is expected to reach USD 239.09 billion by 2030, and grow at a CAGR of 13.5% over the forecast period 2023-2030.

DC chargers give DC power yield. DC batteries consume DC power and are utilized to charge batteries for gadgets, alongside auto and modern applications. They convert the information sign to a DC yield signal. DC chargers are the favored kind of chargers for the greater part of electronic gadgets. In DC circuits, there is a unidirectional progression of the current instead of the AC circuits. DC power is utilized at whatever point, AC power transmission isn't possible to ship.

DC Chargers Market Revenue Analysis

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The DC chargers are progressively used to charge convenient electronic gadgets like mobile phones, workstations, tablets, and other wearable gadgets. The worldwide DC chargers market income is supposed to observe critical development as the interest for these convenient gadgets is on the ascent. DC chargers track down applications in cell phones, PCs, tablets, electric vehicles, and modern hardware.

DC chargers for electric vehicles are the most recent advancement in the car business. They give DC power straightforwardly to electric vehicles. DC chargers for electric vehicles have made it conceivable to cover the distance of 350 km and more in a solitary charge. The quick DC charging has helped the vehicle proprietors and drivers to re-energize during their voyaging time or on a brief break rather than being connected for the time being, for several hours to get charged. Various sorts of quick DC chargers are accessible on the lookout. They are joined charging framework, CHAdeMO, and Tesla supercharger.

Market Dynamics:

Driving Factors:

  • Ascend is popular for vehicle charges across the globe.

  • Government drives and guidelines to advance the utilization of electric vehicles.

Restraining Factors:

  • Vulnerability in the financial exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients because of lockdown.


  • Ascend in government venture to create charging framework across the globe.

  • Developing ventures by central participants in the DC Fast Chargers market.


  • The "new typical" that incorporates social removing and telecommuting.

Impact of Covid-19:

The COVID-19 pandemic is affecting the general public and by and large economy across the globe. The effect of this flare-up is developing step by step as well as influencing the inventory network. It is making vulnerability in the securities exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients. European nations under lockdown have experienced a significant loss of business and income because of the closure of assembling units in the area. Activities of creation and assembling businesses have been intensely influenced by the DC chargers market development in 2020.

As indicated by the DC chargers market drifts, the COVID-19 pandemic has seriously influenced the assembling and modern areas as creation offices have slowed down, which, thus, prompts critical interest in businesses. The development of COVID-19 has brought down the development of the DC chargers market income in 2020. In any case, the market is assessed to observe critical development during the gauge time frame.

The DC Chargers’ piece of the pie is broken down based on power yield, end-use, and locale. By power yield, the market is separated into under 10 kW, 10 kW to 100 kW, and over 100 kW. By end-use, it is arranged into auto, shopper hardware, and modern.

Market Segmentation:

By Power Output

  • Less Than 10 kW

  • 10 Kw To 100 kW

  • Greater Than 100 kW

By End Use

  • Automotive

  • Industrial

  • Consumer Electronics

DC Chargers Market Segmentation Analysis

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In light of the area, the market is sectioned into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). North America district is additionally bifurcated into nations like U.S. and Canada. The Europe district is additionally arranged into the U.K., France, Germany, Italy, Spain, Russia, and the Rest of Europe. Latin America locale is additionally portioned into Brazil, Mexico, and the Rest of Latin America, and the MEA area is additionally partitioned into GCC, Turkey, South Africa, and the Rest of MEA.

Regional Analysis:

North America

  • US
  • Canada
  • Mexico


  • Eastern Europe
    • Poland
    • Romania
    • Hungary
    • Turkey
    • Rest of Eastern Europe
  • Western Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Switzerland
    • Austria
    • Rest of Western Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Vietnam
  • Singapore
  • Australia
  • Rest of Asia Pacific

Middle East & Africa

  • Middle East
    • UAE
    • Egypt
    • Saudi Arabia
    • Qatar
    • Rest of the Middle East
  • Africa
    • Nigeria
    • South Africa
    • Rest of Africa

Latin America

  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America

Regional Analysis:

Europe has emerged as a prominent market for DC chargers, with countries like Norway, Germany, and the Netherlands leading the electric mobility revolution. The European Union's ambitious targets for reducing carbon emissions and promoting sustainable transportation have led to significant investments in EV charging infrastructure. Government grants, subsidies, and favorable regulatory frameworks encourage the installation of DC fast charging stations. The development of pan-European charging networks and the emphasis on interoperability contribute to the seamless integration of DC chargers across borders.

North America is a key player in the DC Chargers Market, with the United States and Canada leading the adoption of electric vehicles. The region is witnessing substantial investments in EV charging infrastructure, supported by government initiatives and private sector participation. In the U.S., federal tax credits and incentives for EV adoption have spurred the growth of DC charging networks.

Key Players:

ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.

Delta Electronics Inc.-Company Financial Analysis

DC Chargers Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 86.81 Billion
Market Size by 2030 US$ 239.09 Billion
CAGR CAGR of 13.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Power Output (Less Than 10 Kw, 10 Kw To 100 Kw, Greater Than 100 Kw)
• by End-Use (Automotive, Consumer Electronics, And Industrial)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.
Key Drivers • Ascend is popular for vehicle charges across the globe.
• Government drives and guidelines to advance the utilization of electric vehicles.
RESTRAINTS • Vulnerability in the financial exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients because of lockdown.

Frequently Asked Questions

The DC Chargers Market size was valued at 76.4 billion in 2021 at a CAGR of 13.5%.

Ascend is popular for vehicle charges across the globe and government drives and guidelines to advance the utilization of electric vehicles are the driving factors of the DC Chargers Market.


The major key players in the DC chargers marker are ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value chain analysis

6. Porter’s 5 forces model

7. PEST analysis

8. Global DC Chargers Market segmentation, by Power Output

8.1 Less Than 10 kW

8.2 10 Kw To 100 kW

8.3 Greater Than 100 kW

9.  Global DC Chargers Market segmentation, by End-Use

9.1 Automotive

9.2 Consumer Electronics

9.3 Industrial

10. Global DC Chargers Market, by region/ country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company profiles

11.1 ABB Ltd.

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 Aeg Power Solutions (3w Power S.A.)

11.3 Borri S.P.A (Legrand Group)

11.4 Delta Electronics, Inc.

11.5 Helios Power Solutions Group

11.6 Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.)

11.7 Kirloskar Electric Company Ltd

11.8 Phihong Technology Co., Ltd.

11.9 Siemens Ag, Statron Ltd.

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

13. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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