Press release
EV Charging Cables Market Estimated to Experience a Hike in Growth by 2021-2031 | Leoni AG, Manlon Polymers, Phoenix Contact, Prysmian S.p.A.
EV Charging Cables Market
An EV charging cable is a cable used to connect an electric vehicle to a charging station. The cable typically has a Type 2 connector on one end and a standard household plug on the other end. EV charging cables are used to charge EVs with Level 1 (120 volt) and Level 2 (240 volt) charging stations.
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Key Trends
The key trends in EV Charging Cables technology are:
1. Increased use of renewable energy sources: With the increase in awareness of the need to reduce greenhouse gas emissions, there is a trend towards using more renewable energy sources to power EV charging stations. This includes using solar panels and wind turbines to generate electricity, which can then be used to charge EVs.
2. Improved battery technology: Better battery technology is leading to EV batteries that can hold more charge and last longer. This means that EV owners will need to charge their vehicles less often, making the whole process more convenient.
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Key Drivers
The key drivers of the EV Charging Cable market are the increasing adoption of electric vehicles, the need for faster charging infrastructure, and the need for standardized charging solutions.
The increasing adoption of electric vehicles is one of the key drivers of the EV Charging Cables market. The number of electric vehicles on the road is increasing at a rapid pace, and the charging infrastructure is not keeping up. There is a need for faster charging infrastructure and standardized charging solutions.
Key Market Segments
The ev charging cables market report is bifurcated on the basis of cable length, charging level, power type, application, and region. On the basis of cable length, it is segmented into 2 meter to 5 meter, 6 meter to 10 meter, and above 10 meter. Based on charging level, it is analyzed across level 1, level 2, and level 3. By power type it is categorized into AC charging and DC charging. By application it is divide into private charging and public charging. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The ev charging cables market report includes players such as Leoni AG, Manlon Polymers, Phoenix Contact, Prysmian S.p.A., Sinbon Electronics, TE Connectivity Ltd., Aptiv Plc, Brugg Group, Dyden Corporation, and EV Cables UK
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