Global demand for the EV Charging Cables market was valued over USD 199 Million in 2019 and is expected to reach a CAGR of 31.10% between 2019 and 2025.
EV Charging Cables Market
This report analyzes and estimates the Inoculants market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with forecast from 2020 to 2025 based on revenue (USD Million). The report offers detailed insights of the EV Charging Cables market drivers and restraints along with their impact analysis at global level from 2015 to 2025.
The report covers in-depth analysis of the strategies adopted by major competitors in the global EV Charging Cables market. To understand the competitive landscape in the global EV Charging Cables market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global EV Charging Cables market based on Power Supply Type, Application, Shape, Cable Length, Charging Level, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
The increasing developments of electric vehicle supply devices, growing adoption of electric vehicles, and increasing requirement for fast charging cables will drive the growth of the global EV Charging Cables market. The escalating usage of AC charging in residential and semi-commercial charging stations is expected to expand market. In addition, the low installation cost and a low power output of EV charging cables will further support the growth of the market during forecast period. The high power charging capability that too in less than 30 Minutes is the primary factor augmenting the market growth. Apart from this, the rising demand for fast charging option in regions like China, South Korea, and Japan is expected to aid in rapid advancements of high-power charging infrastructure, thereby aiding the faster growth during the forecast period.
The increasing government initiative projects for escalating the number of public charging stations is projected to expand the market for EV charging cables. Additionally, the rising installation of hi-tech charging infrastructure and existence of major players in the electric vehicle supply equipment industry will further fuel the EV Charging Cables market. The demand for high number of EV charging stations and growing potential of the global electric vehicle supply equipment market in developing regions such as China and India has attracted key OEMs to producers of electric vehicle charging infrastructure in local markets. These factors are projected to aid global EV Charging Cables market growth during the forecast timeframe.
On the basis of power supply type, the global EV Charging Cables market is sectored into AC Charging and DC Charging. Based on application, the market is segmented into Private Charging and Public Charging. By cable length, the market for EV Charging Cables is segregated into 2 Meters to 5 Meters, 6 Meters to 10 Meters, and Above 10 Meters. In terms of shape, the market is categorized into Straight and Coiled. On the basis of charging level, the global EV Charging Cables market is divided into Level 1, Level 2, and Level 3. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the key players in the global EV Charging Cables market include TE Connectivity, BESEN Group, Leoni AG, Phoenix Contact, Aptiv, and Coroplast.
The report on global EV Charging Cables market is segmented into:
Global EV Charging Cables Market: By Power Supply Type Segmentation Analysis
Global EV Charging Cables Market: By Application Segmentation Analysis
Global EV Charging Cables Market: By Cable Length Segmentation Analysis
Global EV Charging Cables Market: By Shape Segmentation Analysis
Global EV Charging Cables Market: By Charging Level Segmentation Analysis
Global EV Charging Cables Market: By Regional Segmentation Analysis