EV Charging Cables Market size was valued at USD 512.33 Mn. in 2021 and the total revenue is expected to grow at 29.9% of CAGR through 2022 to 2029, reaching USD 4,153.58 Mn.
EV Charging Cables Market Overview:
Maximize Market Research’s new report, Global EV Charging Cables Market 2021-2027, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2021-2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide EV Charging Cables market.
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EV Charging Cables Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide EV Charging Cables market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide EV Charging Cables market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
EV Charging Cables Market Segmentation:
The EV Charging Cables Market is divided into four segments based on type: modes 1 and 2, modes 3, and mode 4. Over the course of the forecast period, mode 4 type is anticipated to dominate the EV charging cable market. Since the car gets its AC power from the first three modes, which an internal AC/DC converter transforms into DC power, Mode 4 is not affected by them. Since this is the only charging method that has a DC output from an off-board charger, it is the most preferred one. The DC current is routed directly to the battery, bypassing the inbuilt charger. 600 V DC can be delivered by this mode with a maximum current of 400 A.
The market for EV charging cables is divided into two segments: AC charging and DC charging, based on the power supply mode. In2021, DC charging had the biggest market share. Compared to AC charging, DC charging enables the car to be charged much more quickly. Although 50 kWh charging stations are currently the most popular, 150 kWh stations have already been seen, and 270 kWh and 350 kWh chargers are on the rise. This indicates the ongoing need for more efficient connector development.
1 Global EV Charging Cables Market, Shape (2021-2029)
• Straight
• Coiled
2 Global EV Charging Cables Market, Mode (2021-2029)
• Mode 1&2
• Mode 3
• Mode 4
3 Global EV Charging Cables Market, power supply (2021-2029)
• AC Charging
• DC Charging
4 Global EV Charging Cables Market, Length (2021-2029)
• 2 – 5 meter
• 6 – 10 meter
• >10 meter
5 Global EV Charging Cables Market, Charging Level (2021-2029)
• Level 1
• Level 2
• Level 3
6 Global EV Charging Cables Market, Diameter (2021-2029)
• Up to 10mm
• 10 mm to 20 mm
• more than 20mm
7 Global EV Charging Cables Market, by Region (2021-2029)
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
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EV Charging Cables Market Key Players:
It then discusses the top competitors in the worldwide EV Charging Cables market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
1. Tesla, Inc.(US)
2. General Cable Technologies Corporation(US)
3. Coroplast(US)
4. Aptiv Plc.(US)
5. Phoenix Contact(Germany)
6. Dyden Corporation(Japan)
7. Leoni AG(Germany)
8. BESEN International Group( China)
9. EV TEISON( China)
10.Chengdu Khons Technology Co., Ltd.( China)
11.Manlon Polymers(India)
12.Eland Cables(UK)
13.Brugg Group(Switzerland)
14.TE Connectivity(Switzerland)
15.TE Connectivity(Switzerland)
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Regional Analysis:
The report has analyzed the global EV Charging Cables market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide EV Charging Cables market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on EV Charging Cables Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the EV Charging Cables Market Report are:
- Which are the major companies in the EV Charging Cables market?
- Which is the potential market for EV Charging Cables in terms of the region?
- Which application area of EV Charging Cables is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the EV Charging Cables market size by 2027?
- What are the growth prospects for the EV Charging Cables market?
- What is the base year considered in the EV Charging Cables market report?
- Which region holds the largest market share in the EV Charging Cables market?
- What factors are anticipated to drive the EV Charging Cables market?
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