Press release
EV Charging Cables Market Overall Study Report 2026 | Phoenix Contact, Dyden Corporation, TE Connectivity, Coroplast, Leoni AG, BESEN International Group, Sinbon Electronics, Systems Wire and Cable and Others
EV Charging Cables Market
This report provides in depth study of " EV Charging Cables Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The EV Charging Cables Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.
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The key players covered in this study
• Phoenix Contact
• Dyden Corporation
• TE Connectivity
• Coroplast
• Leoni AG
• BESEN International Group
• Sinbon Electronics
• Systems Wire and Cable
• General Cable Technologies Corporation
• Chengdu Khons Technology Co., Ltd.,
• Manlon Polymers
• Eland Cables
• EV Teison
• Aptiv Plc
• Brugg Group
The global EV Charging Cables market size is expected to reach USD 1,992.5 million by 2026 according to a new study by Polaris Market Research. The different charging levels used in the global market include level 1, level 2, and level 3. Level 1 is a single-phase cable that provides battery recharge through an alternating-current plug and a dedicated circuit. It does not require the installation of charging equipment. It usually requires 8 to 12 hours to completely charge a battery, and is usually used for home purposes.
Polaris Market research has segmented the EV Charging Cables market report on the basis of Charging Level, Cable Length, Application, Power Supply, Shape, and Region
EV Charging Cables Charging Level Outlook (Revenue, USD Million, 2015 – 2026)
• Level 1
• Level 2
• Level 3
EV Charging Cables Cable Length Outlook (Revenue, USD Million, 2015 – 2026)
• Upto 5 Meters
• 6 Meters to 10 Meters
• Above 10 Meters
EV Charging Cables Application Outlook (Revenue, USD Million, 2015 – 2026)
• Public
• Private
EV Charging Cables Power Supply Outlook (Revenue, USD Million, 2015 – 2026)
• Alternate
• Direct
EV Charging Cables Shape Outlook (Revenue, USD Million, 2015 – 2026)
• Straight
• Coiled
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The market is segmented into Alternate, and Direct Charging based on power supply. AC transforms the incoming AC and into DC, and then forwarded to the battery pack. AC stations are widespread and offer vehicle recharge at affordable rates. However, the demand for DC is increasing owing to faster charging duration. BMW has launched its BMW Digital Charging Service (DCS), which is an intelligent cost-effective service optimizing charging technology for BMW i and BMW iPerformance vehicles. After activation of DCS, the recharge process is carried out independently and autonomously. DCS is based on principles on Tariff and solar optimised vehicle recharge. On the basis of shape, the market is segmented into straight and coiled. In 2019, the straight EV charging cables dominated the global market.
Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Growing concerns regarding air pollution and increasing need of fuel efficient vehicles have increased the number of electric cars in countries, such as China, U.S., India, and Japan, driving the growth of market. The National Electric Mobility Mission Plan (NEMMP) 2020 in India projects sales of 6–7 million units of electric vehicles, and a subsequent fossil fuel saving of 2.2 – 2.5 million tons. This would result in considerable reduction in vehicular emissions, and decrease in carbon dioxide emissions by up to 1.5% by 2020. The increasing penetration of electric vehicles is expected to fuel development of enhanced charging infrastructure, further increasing the demand for EV charging cables.
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About Us
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world
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