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EV Charging Cables Market

EV Charging Cables Market Size, Share & Segment By Type (Ac Charging, Dc Charging), By Application (Private Charging, Public Charging), By Charging Level (Level 1, Level 2, Level 3), By Length (2-5 Meters, 6-10 Meters, >10 Meters), By Shapes (Straight, Coiled), By Regions | Global Market Forecast 2022-2028

Report Id: SNS/SEMI/1322 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

EV Charging Cables Market was valued at USD 319 million in 2021 and is expected to expand at a CAGR of 24% from 2021 to 2028 and it will reach USD 1441.6 million in 2028.

Over the last decade, the global electric vehicle market has advanced significantly. Governments are encouraging increased use of electric vehicles due to growing concern about global emission rates. Furthermore, the EV makes use of the power provided by the rechargeable battery packs. Charging cables are used to charge these battery packs. As a result, charging cables are crucial in EV. The EV charging cable is available on the market in two charging types: alternate current (AC) and direct current (DC).The acceptance of AC charging cable has grown as AC charging is readily available at residential or commercial charging stations.

EV Charging Cables Market Revenue Graph

MARKET DYNAMICS: 

KEY DRIVERS:

  • EV highlights the importance of charging infrastructure and EV charging cables.

  • Major countries have heavily invested in EV vehicles, EV charging infrastructure and R&D of fast and efficient charging system.

RESTRAINTS:

  • Wireless charging of EV is expected to boost demand for vehicle safety, luxury vehicles, the development of private and private vehicles.

  • Adoption of use wireless technology for a variety of purposes.

  • New wireless charging solutions for electric vehicles.

  • EV wireless charging have the potential to contribute to the growth of the EV charging market.

OPPORTUNITY:

  • Innovation of  high-power charging cables that can charge electric vehicles faster.

  • Technological advancements have also resulted in changes to the charging interface.

CHALLENGE:

  • It should meet international safety standards imposed by governing bodies.

  • Standards compliance increases investment in research and development.

IMPACT OF COVID-19:

COVID-19 is rapidly altering the automotive industry's dynamics. Furthermore, the unexpected disruption caused by the epidemic will have an impact on the automotive industry. Automobile manufacturers may require government assistance to survive the epidemic. Reduced demand for building materials and components will have an impact on not only OEMs, but also a number of suppliers. An increase in environmental awareness during the coronavirus closure, on the other hand, is expected to boost the market for electric vehicles. The market demand for electric vehicle charging cables is expected to rise as demand for electric vehicles rises.

COMPETITIVE LANDSCAPE:

Major key players in EV charging cable market are Leoni AG, Coroplast, Chengdu Khons Technology Co., Ltd., Phoenix Contact, Aptiv, BESEN-Group, Dyden, Corporation, TE Connectivity, Besen International Group, Dyden Corporation, EV Charging Cables, EV Teison, General Cable Technologies Corporation, Phoenix Contact E-Mobility, Sinbon Electronics, Systems Wire and Cable, TE Connectivity and other.

Market Segmentation:

BY TYPE

  • AC charging

  • DC charging

BY APPLICATION

  • Private charging

  • Public charging

BY CHARGING LEVEL

  • Level 1

  • Level 2

  • Level 3

BY LENGTH

  • 2-5 meters

  • 6-10 meters

  • >10 meters

BY SHAPE

  • Straight

  • Coiled

EV Charging Cables Market Segment Pie Chart

REGIONAL ANALYSIS:

Asia Pacific dominated the market in 2020 and accounted for 70% of total revenue. Growth in this region is driven mainly by China, South Korea and Japan. The high number of EV charging stations in the region is expected to boost regional market growth during the forecast period. However, South Korea and China have been hit hard by the COVID-19 epidemic, which has also added an unusual dimension to car manufacturers. This is certainly of great concern to European producers as they succeed in achieving their gas emissions goals. In the long run, low government subsidies, lower oil prices, and the economic impact of the epidemic could reduce the demand for EV, which could have a negative impact on the need for EV charging cables. North America is expected to show the highest CAGR growth, followed by Europe and Asia Pacific. This is due to increased productivity by many manufacturers in developing efficient, clean, and fast electric vehicles. The growing installation of improved charging infrastructure and the presence of major manufacturers of EV supply equipment in the region are likely to drive the regional market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

 

EV Charging Cables Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 319 Million
Market Size by 2028 US$ 1441.6 Billion
CAGR CAGR of 24% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Ac Charging, Dc Charging)
• By Application (Private Charging, Public Charging)
• By Charging Level (Level 1, Level 2, Level 3)
• By Length (2-5 Meters, 6-10 Meters, >10 Meters)
• By Shapes (Straight, Coiled)
Regional Analysis/Coverage 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)
Company Profiles Leoni AG, Coroplast, Chengdu Khons Technology Co., Ltd., Phoenix Contact, Aptiv, BESEN-Group, Dyden, Corporation, TE Connectivity, Besen International Group, Dyden Corporation, EV Charging Cables, EV Teison
Key Drivers • EV highlights the importance of charging infrastructure and EV charging cables.
OPPORTUNITIES • Adoption of use wireless technology for a variety of purposes.
• New wireless charging solutions for electric vehicles.


Frequently Asked Questions (FAQ) :

EV Charging Cables Market size was valued at 440 million in 2021 at a CAGR of 40.6%.

EV highlights the importance of charging infrastructure and EV charging cables and Major countries have heavily invested in EV vehicles, EV charging infrastructure and R&D of fast and efficient charging system are driving the EV Charging Cables Market.

Asia Pacific dominated the market in 2020 and accounted for 70% of total revenue in the market.

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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Russia Ukraine War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global EV Charging Cables Market Segmentation, by type

8.1Introduction

8.2 AC charging

8.3 DC charging

8.4 other

 

9. Global EV Charging Cables Market Segmentation, by application

9.1 Introduction

9.2 Private charging

9.3 Public charging

9.4 Other

 

10. Global EV Charging Cables Market Segmentation, By charging level

10.1 Introduction

10.2 Level 1

10.3 Level 2

10.4 Level 3

10.5 Other

 

11. Global EV Charging Cables Market Segmentation, By length

11.1 Introduction

11.2 2-5 meters

11.3 6-10 meters

11.4 >10 meters

 

12. Global EV Charging Cables Market Segmentation, By shape

12.1 Introduction

12.2 Straight

12.3 Coiled

12.4 other

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3        Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4        Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5        The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6        Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America

 

14. Company Profiles

14.1Leoni AG

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2Coroplast

14.3 Chengdu Khons Technology Co., Ltd.

14.4 Phoenix Contact

14.5 Aptiv

14.6 BESEN-Group

14.7 Dyden Corporation

14.8 TE Connectivity

14.9 Besen International Group

14.10 Dyden Corporation

14.11 EV Charging Cables

14.12 EV Teison

14.13 General Cable Technologies Corporation

14.14 Phoenix Contact E-Mobility

14.14 Sinbon Electronics

14.16 Systems Wire and Cable

14.17 TE Connectivity

14.18 Other

 

15. Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

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Secondary Research

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