Press release
EV Connectors Market Forecast, Trend Analysis & Competition Tracking – Global Market 2022- 2027
The EV Connectors Market report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the EV Connectors market.Click Here To DOWNLOAD Free Sample Copy:
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The global EV Connectors market is projected to grow at a CAGR of 18.44% during the forecast period to reach USD 98 million by 2027 from an estimated USD 30 million in 2022.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: YAZAKI, TE CONNECTIVITY, SUMITOMO, SCHNEIDER ELECTRIC, HUBER+SUHNER, TESLA, BOSCH, ITT, AMPHENOL, SIEMENS AG, ABB, Fujikura,
Recent Developments
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.
In June 2018, ABB launched its Terra HP which is the world’s fastest EV charger, adding up to 200 km of range to an EV in just 8 minutes. With more than 7,000 DC fast charging stations installed in 60 countries, ABB is a global leader in this segment.
In October 2017, Tesla updated Model S and Model X designs featuring a new dual connector charge port system to support more than one charging standard on its EVs
In November 2016, Amphenol introduced plastic power connectors which are designed for the hybrid and electric vehicle markets and featured a lightweight plastic shell and compact design to save both weight and space in the vehicle architecture
EV Connectors Market Segmentation:
EV Connectors market Segmentation By Type:
Slow Charger
Fast Charger
Rapid Charger
EV Connectors market Segmentation By Application:
Residential
Commercial
Market Overview:
The global EV Connectors market is projected to grow at a CAGR of 18.44% during the forecast period to reach USD 98 million by 2027 from an estimated USD 30 million in 2022. EV connectors act as an EV coupler with charging pole of the station required for power transmission. The connectors help establish the connection of the battery of an EV with the charging point of the station. The EV connectors are designed according to the electrical specifications to synchronize with the features of the battery equipped in an EV.
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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 Connectors market in 2022. 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.
Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Read Detailed Index of full Research Study at@
https://www.marketintelligencedata.com/reports/596110/global-ev-connectors-sales-market-report-2021?mode=Ich_pk
Significant Features and Key Highlights of the Reports:
– Detailed overview of EV Connectors Market
– Comprehensive assessment of all opportunities and risk in the Market.
– Changing market dynamics of the industry
– In-depth understanding of Market market-particular drivers, constraints and major micro markets.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– In-depth market segmentation by Type, Application etc
– Competitive landscape of EV Connectors Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the EV Connectors industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2022-2027)?
What could be the anticipated value of the EV Connectors marketplace in the during the forecast period?
The research includes historical data from 2016 to 2022 and forecasts to 2027, making the reports an invaluable resource for industry managers, marketing, sales, and product managers, consultants, analysts, and others looking for key industry data in easily accessible documents with clearly presented tables and graphs.
We will contact you within 24 hours to help find the research report and further customization you need.
We Offer Customization on Report Based on Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
Please contact our sales experts ( sales@marketintelligencedata.com ) and we will ensure that you get a report that suits your needs.
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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