Two markets converging

Charging hubs sit at the intersection of two fast-growing markets. The EV charging infrastructure market is valued at about $93.6 bn in 2026 and is forecast to reach roughly $249.9 bn by 2030, a CAGR of about 27.8%. The battery market that underpins buffered charging is valued at about $120 bn today and is projected to approach $500 bn by 2030 under the IEA's net-zero scenario - roughly a fourfold increase.

Charging points

Global public charging points stood at about 22.8 million in 2025, with forecasts suggesting more than 66 million by 2030. In Europe, public charging points are projected to more than triple by 2035 to over 4.3 million, with ultra-fast points approaching half a million. India's public charging points are expected to grow from 75,000 in 2024 to around 375,000 by 2030.

The heavy-duty pull

The fastest-growing pressure is heavy-duty electrification - trucks, buses and ports. These need megawatt charging that most distribution networks cannot supply, which makes buffering and microgrids essential rather than optional. The IEA projects the installed capacity of heavy-duty chargers to reach hundreds of gigawatts by 2035, with opportunity chargers more than tripling from 2030 to 2035.

Storage for charging

The energy storage market more broadly is forecast to reach about $219.6 bn by 2030. A meaningful and growing slice of that is batteries deployed specifically to buffer charging, whether integrated into chargers or in containerised systems sharing a bus with conventional chargers. Falling LFP pack prices continue to improve the economics.

Where growth lands

  • Motorway corridors with megawatt-class hubs.
  • Fleet depots for buses, trucks and last-mile vans.
  • Grid-constrained urban plots where buffering unlocks the site.
  • Ports and remote industry where microgrids are the only option.
  • Retail and fuel forecourts adding buffered fast charging.

Risks

The outlook is strong but not risk-free. Grid connection timelines, permitting, tariff design and the pace of heavy-duty adoption all shape outcomes. Consolidation among charger makers - Tritium's 2024 administration being a case in point - shows that hardware margins are thin even in a growing market.

Bottom line

Charging hubs are where charging infrastructure and battery storage meet, and both markets are growing fast. Operators who can secure grid capacity - or engineer around it with buffering and microgrids - are positioned to capture the growth.