Energy & Power / EV Charging Cables Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: LEONI AG (XETRA:LEO.DE), TE Connectivity Ltd. (NYSE:TEL)
EV Charging Cables Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: LEONI AG (XETRA:LEO.DE), TE Connectivity Ltd. (NYSE:TEL)
Acknowledging the kind of traction gained by this market, industrydataanalytics recently published a study report asserts the global EV Charging Cables Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 39.5% during the review period (2022 to 2027).
EV Charging Cables Market Overview:
EVs are installed with rechargeable battery packs to supply energy to drive them and these batteries can be charged through public or private station outlets. Battery electric vehicles (BEVs) are exclusively powered through electricity while plummeting vehicular noise, air pollution, and greenhouse gas emissions. Increasing the stringency of carbon dioxide emission norms in emerging markets is driving the demand for EVs.
Therefore, the need for electric vehicle charging infrastructure is increasing at an exponential rate. For instance, according to the International Energy Agency (IEA), the number of EV charging points across the world grew by around 44% between 2017 and 2018. Such factors are projected to fuel the demand for EV charging cables in emerging economies over the next decade.
Recent Development:
31 May 2022
Today’s manufacturers deploy industrial robots for several reasons, including protecting against labor shortages, increasing productivity, and driving revenue.
Robots of all types — from articulated to collaborative — require rugged, reliable cables and hoses that can supply power, data, air, water, gases, adhesives, and more. Without the right cables and hoses, your industrial robot may soon become more of a decoration than an integral part of the manufacturing process.
What are the major Applications, Types, and Regions of the EV Charging Cables Market?
By Type, it is segmented into
2 Meters To 5 Meters
6 Meters To 10 Meters
Above 10 Meters
Others
By Applications, it is segmented into
Private Charging
Public Charging
Others
EV Charging Cables Market Regional Analysis
The Asia Pacific dominated the market in 2019 and held a 58.9% share of the overall revenue. The growth in this region is mainly driven by China, South Korea, and Japan. China is the largest electric vehicle charging cable market. The Japanese and Chinese governments have expected the growth potential of the global EV supply equipment market and thus have adopted various policies and initiatives to encourage major market players to manufacture EV charging infrastructure in domestic markets. A high number of EV charging stations in the region is projected to uplift the regional market growth over the forecast period.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The EV Charging cable market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global EV Charging Cables market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of EV Charging Cables positively.
EV Charging Cables Market Report Scope:
Reports Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 39.5% during the review period (2022 to 2027).
By Type
2 Meters To 5 Meters
6 Meters To 10 Meters
Above 10 Meters
Others
By Application
Private Charging
Public Charging
Others
By Companies
LEONI AG (XETRA:LEO.DE),TE Connectivity Ltd. (NYSE:TEL), BESEN Group
Regions Covered
• North America
• Europe
• Asia-Pacific
• Rest of the World
Countries Covered
• US
• Canada
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
90
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this EV Charging Cables Report
Evaluate EV Charging Cables' market potential by analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, and end-use applications, and different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The EV Charging Cables Market is studied from 2017 - 2027.
Who are the key players in EV Charging Cables Market?
What are the significant types of EV Charging Cables Market?
2 Meters To 5 Meters, 6 Meters To 10 Meters, Above 10 Meters, Others.
What are the major end-use applications of the EV Charging Cables Market?
Private Charging, Public Charging, Others.
What segments are covered in the EV Charging Cables Market report?
The Global EV Charging Cables Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the EV Charging Cables Market?
The sample report for the EV Charging Cables Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
