Rise in adoption of EVs, demand for fast charging cables, and surge in government initiatives for reducing carbon footprints drive the growth of the global electric vehicle charging cable market. However, high operational costs of EV charging cables and rise in implementation of wireless EV charging technology restrain the market growth. On the other hand, infrastructural developments of public EV charging station and technological advancements in EV charging cable present new opportunities in the coming years.
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Electric vehicles (EVs) are installed with rechargeable battery packs, which can be charged through public or private station outlets. Thus, to charge the electric vehicles, EV charging cables are used in infrastructure (charging station) to charge them. These cables have two ends, one of which is attached to a connector & plugged into the electric vehicle, and the other into the charging point. The charging cable for electric vehicles supports a variety of charging modes in different regions.
Leading Key Players:
Coroplast Fritz Müller GmbH & Co. KG, Guangdong OMG Transmitting Technology Co., Ltd., Sinbon Electronics, TE Connectivity Ltd., Manlon Polymers, Brugg Group, Chengdu Khons Technology Co., Ltd., Besen International Group, EV Cables UK, Prysmian S.p.A., AG Electrical Technology Co, Aptiv Plc, Phoenix Contact, Dyden Corporation, Leoni AG
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Based on power type, the DC charging segment held the highest market share in 2021, contributing to nearly two-fifths of the global electric vehicle charging cable market, and is expected to maintain its lead position during the forecast period. This is due to increase in R&D efforts toward offering efficient charging infrastructure, consistent flow of current & charging speeds, and a sharp decline in installation price in recent years. However, the AC charging segment is estimated to manifest the largest CAGR of 19.4% from 2022 to 2031, owing to ease in availability of AC charging infrastructure across the globe.
Regional Analysis:
Based on region, Asia-Pacific contributed the highest market share in terms of revenue in 2020, accounting for nearly two-fifths of the global electric vehicle charging cable market, and is expected to maintain its dominance in terms of revenue by 2031. Moreover, this region is projected to portray the fastest CAGR of 19.1% during the forecast period. This is due to increased production and sales of EVs and related components across the globe. The research also analyzes regions including North America, Europe, and LAMEA.
This industry study presents the global EV Charging Solution market size, historical breakdown data (2013–2018) and forecast (2018–2025).
The EV Charging Solution production, revenue and market share by manufacturers, key regions and type;The consumption of EV Charging Solution in volume terms are also provided for major countries (or regions), and for each application and product at the global level.
Market share, growth rate, and competitive factors are also evaluated for market leaders EV Charging Solutions(UK), Verdek(US), etc.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-ev-charging-solution-2025-146Global EV Charging Solution market size will reach million US$ by 2025, from million US$ in 2017, at a CAGR of during the forecast period.
In this study, 2017 has been considered as the base year and 2018–2025 as the forecast period to estimate the market size for EV Charging Solution.The following manufacturers are covered in this report:EV Charging Solutions(UK)Verdek(US)SemaConnect(US)Bosch(DE)Hitachi(JP)OH EV Eolutions(US)Delta Electronics(TW)PNE SOLUTION(KR)Titans(CN)ChargePoint(US)AeroVironment(US)Nuvo Group(AU)Charging Solutions Ltd(UK)JET CHARGE(AU)GE(US)EVBOX(NL)ABB(CH)EV Charging Solution Breakdown Data by TypeLevel 2 Charging SolutionsLevel 3 Charging SolutionsOthersEV Charging Solution Breakdown Data by ApplicationCommercialResidentialOthersEV Charging Solution Production by RegionUnited StatesEuropeChinaJapanSouth KoreaIndiaOther RegionsEV Charging Solution Consumption by RegionNorth AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesiaMalaysiaPhilippinesThailandVietnamEuropeGermanyThe study objectives are:To analyze and research the global EV Charging Solution status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key EV Charging Solution manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.To segment the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of EV Charging Solution :History Year: 2013–2017Base Year: 2017Estimated Year: 2018Forecast Year: 2018–2025This report includes the estimation of market size for value (million USD) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of EV Charging Solution market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
