EVSE Market Trends and Analysis The Electric Vehicle Supply Equipment Market is expected to grow at a CAGR of 24.9 % by 2030, according to a new research report by Next Move Strategy Consulting. Electric Vehicle Supply Equipment is defined as charging equipment used to supply power to electric vehicles. Key factors including surging fuel prices, rising environmental concerns, government encouragement, and ease of charging are accountable for the electric vehicle supply equipment market growth. However, limited battery performance and high cost of ownership are the factors restraining the market growth. On the other hand, the shift of the automobile industry towards electric vehicles has paved the way for electric vehicle supply equipment market players to exploit new opportunities in the coming years. Stay informed here: https://www.nextmsc.com/news/electric-vehicle-supply-equipment-market