Rising EV Adoption to Drive Solar EV Charging Market to USD 330.9 Million by 2031

Solar EV charging is redefining sustainable mobility by merging clean energy with electric vehicle infrastructure.

WILMINGTON, DE, UNITED STATES, September 1, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Solar EV charging Market by Charging Level (Level 2, Level 3 (DC Fast Charging), Level 1), by System (Off Grid, On Grid), by Application (Private EV Charger, Public EV Charger): Global Opportunity Analysis and Industry Forecast, 2021 - 2031” The global solar EV charging market was valued at USD 159.6 million in 2021, and is projected to reach USD 330.9 million by 2031, growing at a CAGR of 8.1% from 2022 to 2031.

The solar EV charging market is emerging as a crucial component of sustainable mobility, integrating renewable solar energy with electric vehicle (EV) infrastructure. By leveraging photovoltaic (PV) panels to generate clean electricity, solar EV chargers reduce dependence on the grid, lower charging costs, and minimize carbon emissions. Growing adoption of EVs, coupled with the global shift toward decarbonization, is driving demand for solar-powered charging solutions across residential, commercial, and public applications.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A53650

𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀
The primary driver of the solar EV charging market is the global rise in electric vehicle adoption supported by government incentives, stricter emission regulations, and sustainability commitments by automakers. As the EV fleet expands, the demand for reliable and eco-friendly charging infrastructure is growing rapidly.

Technological advancements in solar panels and energy storage systems are also enhancing the efficiency and viability of solar EV charging stations. Innovations in fast-charging solutions and integration with smart grids are creating significant growth opportunities.

High installation costs and space requirements for PV panels act as restraints for market growth, particularly in urban areas with limited space availability. Additionally, dependency on weather conditions can sometimes affect energy generation.

The market is witnessing increasing adoption in residential and commercial spaces, supported by financial incentives, net metering policies, and carbon reduction goals. Solar-powered EV charging aligns well with the sustainability objectives of corporations and municipalities.

Furthermore, strategic partnerships among automakers, solar energy providers, and charging infrastructure companies are shaping the competitive landscape. These collaborations aim to accelerate large-scale deployments and improve accessibility to solar EV charging solutions worldwide.

Snag Discount: https://www.alliedmarketresearch.com/checkout-final/A53650

𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄
The solar EV charging market scope is segmented into charging level (Level 1, Level 2, DC fast charging), application (residential, commercial, public), and component (solar panels, EV chargers, energy storage systems, and software solutions). The commercial and public application segments are expected to witness the fastest growth due to rising demand for workplace and on-route charging facilities.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
North America and Europe dominate the solar EV charging market, supported by strong policy frameworks, renewable energy targets, and widespread EV adoption. The U.S., Germany, and the Netherlands are major contributors with robust charging infrastructure developments.

Asia-Pacific is anticipated to grow at the fastest rate, led by China, Japan, and India, where governments are heavily investing in EV adoption and solar infrastructure. Emerging economies are also recognizing the potential of solar EV charging to address grid reliability challenges while meeting climate commitments.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/A53650

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
The competitive landscape is characterized by the presence of both global energy companies and specialized charging infrastructure providers. Companies are focusing on innovation in solar panel efficiency, integration of battery storage, and development of fast-charging systems to gain market share.

Major players operating in the solar EV charging market include iSun, Inc., Bharat Heavy Electricals Limited, Zhejiang Benyi New Energy Co., Ltd. , PowerFlex, EmPower Solar, HES Solar., Paired Power, KEBA, Brightfield Transportation Solutions., ChargePoint, Inc.

𝗞𝗲𝘆 𝗳𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗼𝗳 𝘁𝗵𝗲 𝘀𝘁𝘂𝗱𝘆
• Rising EV adoption and renewable energy integration are the primary growth drivers.
• Technological advancements in solar PV and storage systems are improving market viability.
• High installation costs and space constraints remain key challenges.
• Asia-Pacific is projected to be the fastest-growing regional market.
• Strategic partnerships and government incentives are fueling large-scale deployments.

𝗦𝗼𝗺𝗲 𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆
Solar EPC Market
https://www.alliedmarketresearch.com/solar-epc-market-A325109

Perovskite Solar Cell Market
https://www.alliedmarketresearch.com/perovskite-solar-cell-market-A13745

Solar Generator Market
https://www.alliedmarketresearch.com/solar-generator-market-A12890

Airport Solar Power Market
https://www.alliedmarketresearch.com/airport-solar-power-market

Solar Street Lighting Market
https://www.alliedmarketresearch.com/solar-street-lighting-market-A07227

Solar Power in Petrol Pump Market
https://www.alliedmarketresearch.com/solar-power-in-petrol-pump-market

Solar Cell and Module Market
https://www.alliedmarketresearch.com/solar-cell-and-module-market-A207453

David Correa
Allied Market Research
+15038946022 ext.
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.