DC Chargers Market Size was valued at USD 86.81 billion in 2022 and is expected to reach USD 239.09 billion by 2030, and grow at a CAGR of 13.5% over the forecast period 2023-2030.
DC chargers give DC power yield. DC batteries consume DC power and are utilized to charge batteries for gadgets, alongside auto and modern applications. They convert the information sign to a DC yield signal. DC chargers are the favored kind of chargers for the greater part of electronic gadgets. In DC circuits, there is a unidirectional progression of the current instead of the AC circuits. DC power is utilized at whatever point, AC power transmission isn't possible to ship.
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The DC chargers are progressively used to charge convenient electronic gadgets like mobile phones, workstations, tablets, and other wearable gadgets. The worldwide DC chargers market income is supposed to observe critical development as the interest for these convenient gadgets is on the ascent. DC chargers track down applications in cell phones, PCs, tablets, electric vehicles, and modern hardware.
DC chargers for electric vehicles are the most recent advancement in the car business. They give DC power straightforwardly to electric vehicles. DC chargers for electric vehicles have made it conceivable to cover the distance of 350 km and more in a solitary charge. The quick DC charging has helped the vehicle proprietors and drivers to re-energize during their voyaging time or on a brief break rather than being connected for the time being, for several hours to get charged. Various sorts of quick DC chargers are accessible on the lookout. They are joined charging framework, CHAdeMO, and Tesla supercharger.
Ascend is popular for vehicle charges across the globe.
Government drives and guidelines to advance the utilization of electric vehicles.
Vulnerability in the financial exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients because of lockdown.
Ascend in government venture to create charging framework across the globe.
Developing ventures by central participants in the DC Fast Chargers market.
The "new typical" that incorporates social removing and telecommuting.
The COVID-19 pandemic is affecting the general public and by and large economy across the globe. The effect of this flare-up is developing step by step as well as influencing the inventory network. It is making vulnerability in the securities exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients. European nations under lockdown have experienced a significant loss of business and income because of the closure of assembling units in the area. Activities of creation and assembling businesses have been intensely influenced by the DC chargers market development in 2020.
As indicated by the DC chargers market drifts, the COVID-19 pandemic has seriously influenced the assembling and modern areas as creation offices have slowed down, which, thus, prompts critical interest in businesses. The development of COVID-19 has brought down the development of the DC chargers market income in 2020. In any case, the market is assessed to observe critical development during the gauge time frame.
The DC Chargers’ piece of the pie is broken down based on power yield, end-use, and locale. By power yield, the market is separated into under 10 kW, 10 kW to 100 kW, and over 100 kW. By end-use, it is arranged into auto, shopper hardware, and modern.
By Power Output
Less Than 10 kW
10 Kw To 100 kW
Greater Than 100 kW
By End Use
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In light of the area, the market is sectioned into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa (MEA). North America district is additionally bifurcated into nations like U.S. and Canada. The Europe district is additionally arranged into the U.K., France, Germany, Italy, Spain, Russia, and the Rest of Europe. Latin America locale is additionally portioned into Brazil, Mexico, and the Rest of Latin America, and the MEA area is additionally partitioned into GCC, Turkey, South Africa, and the Rest of MEA.
Middle East & Africa
Europe has emerged as a prominent market for DC chargers, with countries like Norway, Germany, and the Netherlands leading the electric mobility revolution. The European Union's ambitious targets for reducing carbon emissions and promoting sustainable transportation have led to significant investments in EV charging infrastructure. Government grants, subsidies, and favorable regulatory frameworks encourage the installation of DC fast charging stations. The development of pan-European charging networks and the emphasis on interoperability contribute to the seamless integration of DC chargers across borders.
North America is a key player in the DC Chargers Market, with the United States and Canada leading the adoption of electric vehicles. The region is witnessing substantial investments in EV charging infrastructure, supported by government initiatives and private sector participation. In the U.S., federal tax credits and incentives for EV adoption have spurred the growth of DC charging networks.
ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.
Delta Electronics Inc.-Company Financial Analysis
|Market Size in 2022
|US$ 86.81 Billion
|Market Size by 2030
|US$ 239.09 Billion
|CAGR of 13.5% From 2023 to 2030
|Report Scope & Coverage
|Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
|• By Power Output (Less Than 10 Kw, 10 Kw To 100 Kw, Greater Than 100 Kw)
• by End-Use (Automotive, Consumer Electronics, And Industrial)
|North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.
|• Ascend is popular for vehicle charges across the globe.
• Government drives and guidelines to advance the utilization of electric vehicles.
|• Vulnerability in the financial exchange, diminishing business certainty, hampering the production network, and expanding alarm among clients because of lockdown.
The DC Chargers Market size was valued at 76.4 billion in 2021 at a CAGR of 13.5%.
Ascend is popular for vehicle charges across the globe and government drives and guidelines to advance the utilization of electric vehicles are the driving factors of the DC Chargers Market.
The major key players in the DC chargers marker are ABB Ltd., Aeg Power Solutions (3w Power S.A.), Borri S.P.A (Legrand Group), Delta Electronics, Inc., Helios Power Solutions Group, Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.), Kirloskar Electric Company Ltd, Phihong Technology Co., Ltd., Siemens Ag, Statron Ltd.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
22.214.171.124 United Kingdom
126.96.36.199 South Korea
188.8.131.52 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global DC Chargers Market segmentation, by Power Output
8.1 Less Than 10 kW
8.2 10 Kw To 100 kW
8.3 Greater Than 100 kW
9. Global DC Chargers Market segmentation, by End-Use
9.2 Consumer Electronics
10. Global DC Chargers Market, by region/ country
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company profiles
11.1 ABB Ltd.
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 Aeg Power Solutions (3w Power S.A.)
11.3 Borri S.P.A (Legrand Group)
11.4 Delta Electronics, Inc.
11.5 Helios Power Solutions Group
11.6 Hitachi Hi-Rel Power Electronics Private Ltd. (Hitachi, Ltd.)
11.7 Kirloskar Electric Company Ltd
11.8 Phihong Technology Co., Ltd.
11.9 Siemens Ag, Statron Ltd.
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
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