According to our latest market study on “EV Charging Cables Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Application, Power Type, Cable Length, Charging Level, Jacket Material, Shape, Charging Cable Type, and IEC Mode,” the market is expected to grow from US$ 513.36 million in 2022 to US$ 3,551.78 million by 2028. It is estimated to grow at a CAGR of 38.0% from 2022 to 2028.
The EV charging cables market growth is directly proportional to the demand for EV chargers. As reported by International Energy Agency IEA, over 10 million electric cars were rolled out on the roads across the world in 2020, with the battery-electric models paving the expansion path. Despite the COVID-19 pandemic, electric car registrations increased the EV charging cables market size in 2020. In 2020, the global electric car stock reached a 10 million milestone, i.e., a 43% increase from 2019. The battery electric vehicles (BEVs) reported 2/3rd of new electric car registrations. China, Germany, the UK, Norway, Sweden, and the US recorded a high number of electric car registrations in 2021. The high demand for EVs is directly impacting the projects of deploying EV charging infrastructures, which is driving the demand for EV charging cables in the EV charging cables market share.
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The List of Companies - EV Charging Cable Market
- Besen International Group Co., Ltd.
- Coroplast Group
- Dyden Corporation
- General Cable Technologies Corporation
- Phoenix Contact E-Mobility
- Sinbon Electronics Co., Ltd.
- Systems Wire and Cable
- TE Connectivity
- Teison Energy Technology Co., Ltd.
- Aptiv
- Leoni AG
- BRUGG eConnect
- Ionity GmbH
- Chengdu Khons Technology Co., Ltd
The report includes an inside and out valuation concerning the future progressions depending on the past information and current conditions of the market. It gives a comprehensive perspective on the worldwide EV Charging Cables market to settle on astute choices with respect to future changes. The examination group has researched administrators, central participants on the lookout, topographical fracture, item type, and its depiction, and market end-customer applications. It gives assessed deals income from every single section alongside every district. The report includes essential and optional information which is introduced as diagrams and pie graphs for better arrangement. The general report is introduced in a powerful way that includes a fundamental framework, arrangements, and certain realities according to reassurance and cognizance.
PDF Sample Report covers Research Requirement, also including impact analysis of COVID-19 on EV Charging Cables market.
In 2020, the impact of COVID-19 pandemic differed from nation to nation across Europe. In the region, the UK, Italy, Russia, France, Germany, and Spain are among the major countries affected by the pandemic. Due to the increasing number of recorded cases, a few of these nations had to impose stringent and longer lockdown along with social isolation in 2020. The lockdown affected electric car sales, but there were early signs of electric vehicle market resilience for two main reasons. First, policy support was strong, in particular in Europe as 2020 was an important target year for emissions standards. Purchase incentives increased, notably in Germany. Second, continued declines in battery costs, as upgraded original equipment manufacturer (OEM) offers model choice and performance, fleet operators initiate their technology transition, and the enthusiasm of electric car buyers (often affluent households less affected by the economic downturn) provides fertile ground for continued EV uptake.
Major Product Type of EV Charging Cables Market Research report:
- AC Charging
- DC Charging
Application EV Charging Cables Market Research Report:
- Public
- Private
Key Offerings:
- Market Size & Forecast by Revenue | 2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors.
EV Charging Cables Market Regional and Country-wise Analysis:
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
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Key Factors covered are:
- To characterize, portray, and check the EV Charging Cables market based on product type, application, and region.
- To estimate and inspect the size of the EV Charging Cables market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
- To estimate and inspect the EV Charging Cables markets at country-level in every region.
- To strategically investigate every sub-market about personal development trends and its contribution to the EV Charging Cables market.
- To look at possibilities in the EV Charging Cables market for shareholder by recognizing excessive-growth segments of the market.
Key Highlights & Touch Points of the EV Charging Cables Market Worldwide for the Forecast Year 2028
- Broad data on variables that will enhance the development of the EV Charging Cables market over the forthcoming years
- Precise assessment of the worldwide EV Charging Cables market size exact assessments of the forthcoming patterns and changes saw in the customer conduct
- Development of the worldwide EV Charging Cables market across the North and South America, Asia Pacific, EMEA, and Latin America
- Data about EV Charging Cables market development potential
- Top to bottom investigation of the business' serious scene and itemized data opposite on different merchants
- Outfitting of itemized data on the elements that will control the development of the EV Charging Cables markets
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