Electric Vehicle Connector Market Development and trends, COGS Analysis, and dynamic Structure 2021-2027 | ITT Cannon, SCAME PARRE S.p.A
The Electric Vehicle Connector market research report provides a comprehensive insight of the global industry’s revenue, demand situation, competitive landscape, and regional segments. This report also includes a thorough examination of the Electric Vehicle Connector market, including all of the factors that influence market growth, as well as Porter’s Five Forces and SWOT analyses.
The Analysts forecast the global Electric Vehicle Connector market to grow at a CAGR of 19.9 % during the period 2021-2027.
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Some of the Prominent Companies in this Electric Vehicle Connector market are:
ITT Cannon, SCAME PARRE S.p.A., Fujikura Europe Ltd, REMA Shanghai, ITT, Hu Lane, Ablerex
In October 2018, ITT showcased an ultra-fast liquid-cooled high-power charging (HPC) solution, its global AC charging portfolio (IEC, SAE and GB/T), and its EV customization expertise. ITT Cannon’s liquid-cooled DC HPC solution enables charging up to 500 A at 1000 V to deliver a 60-mile charge in as little as 3–5 minutes.
The Electric Vehicle Connector market size, market characteristics, and market growth of the industry are detailed in this study, which is divided into types, applications, and consumption areas. The research also describes the major firms and introduces players in the industry from the standpoint of the industry chain and marketing chain.
Global EV Connector Market: COVID-19 Impact
The coronavirus pandemic outbreak has resulted in a 25% decline in the demand for EVs during the first quarter of year 2020, as compared to EV sales in 2019; consequently hampering the EV connector market. However, according to a report published by Bloomberg New Energy Finance (BNEF), electric vehicles are expected to contribute to around 10% of global passenger vehicle sales by 2025, which is estimated to increase to 28% in 2030 and 58% in 2040. This, in turn, is expected to drive the global EV connector market during the forecast period.
Electric Vehicle Connector Market, by Type
Electric Vehicle ConnectorMarket, by Application
Electric Vehicle Connector Market, by Region
Global Electric Vehicle Connector Market is further classified on the basis of region as follows:
Asia Pacific is expected to account for the largest market size during the forecast period
The Asia Pacific region is estimated to be the largest EV charging connector market in 2018. The region comprises some of the fastest developing economies of the world such as China and India. The Asia Pacific region is the largest market for EVs due to government support in the form of grants, subsidies and tax rebates, and continuously improving charging infrastructure in countries such as Japan and China. Thus, the EV charging infrastructure would grow and drive the market for EV connectors. Continuously improving charging infrastructure and increasing vehicle range are the major factors which have contributed to Asia Pacific being the fastest growing market. Additionally, the alarming pollution levels in economies such as Japan and China have fueled the demand for zero emission vehicles in such countries, thereby creating a huge demand for EVs and EV charging infrastructure.
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Goals and objectives of the study
Identify major market trends, developments, opportunities, and influencing factors in the worldwide Electric Vehicle Connector market and its sub-segments.
For the global Electric Vehicle Connector market, identify and analyse main industry categories and their corresponding frameworks.
Estimate the global size of the Electric Vehicle Connector market and analyse it by type, application, and region.
Identify key players and analyse the business environment based on recent events and revenue segments.
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What does the Report Include?
The market report contains a complete analysis of the company’s major drivers and constraints, opportunities, and challenges throughout the forecasted timeframe. In addition, the research provides in-depth analysis of the market’s regional changes and how they will influence its growth during the forecast period.
Our research analysts gathered information from industry experts and used a variety of research approaches to compile this report. The competitive landscape provides more information on the companies’ strategies for maintaining market dominance between 2021 and 2026, including product launches, partnerships, mergers and acquisitions, and collaborations.
The report can answer the following questions:
North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Global Electric Vehicle Connector industry.
Global major Innovation and developments operating situation (sales, revenue, growth rate and gross margin) of Global Electric Vehicle Connector industry.
Different types and applications of Global Electric Vehicle Connector industry, market share of each type and application by revenue.
Global market size (sales, revenue) forecast by regions and countries from 2021 to 2026 of Electric Vehicle Connector industry.
PEST analysis of Global Electric Vehicle Connector industry
SWOT analysis of Global Electric Vehicle Connector industry.
Global Electric Vehicle Connector Industry New Project Investment Feasibility Analysis.
Our innovative data-mining technique allows us to provide our clients with exclusive and customized insights while preserving precision and speed. On all key fronts – regional, segment, and competitive landscape level – we personalize the Research data. With every report purchase, we include 40 analyst hours of free customization
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