Europe EV Charging Cables Market To Rise at a 36.9% CAGR from 2021 to 2028: Know More Why | Business Market Insights

The EV charging cables market in Europe is expected to grow from US$ 106.80 million in 2021 to US$ 963.95 million by 2028; it is estimated to grow at a CAGR of 36.9% from 2021 to 2028.

Government bodies are focusing on electric mobility or e-mobility with enhanced vehicle safety systems to adapt to the new normal, overcome the economic slowdown, and stabilize the revenue losses caused by the COVID-19 pandemic. E-mobility is also expected to contribute toward balancing the energy demand and environmental sustainability, providing lucrative growth potential and employment generation in this market. The primary factors driving the global EV charging cables market are expanding demand for hybrid and electric vehicles and increasing electrification of vehicles. Stringent emission norms for vehicles are forcing OEMs to manufacture hybrid and electric vehicles to reduce the emission of harmful gases. Electric vehicle adoption stays as a key within automotive market developments and decarbonizing in the transport sector. The government's focus on improving e-mobility adoption will create more demand for EVs. The transition to electrified mobility is the government's main focus for lowering carbon emissions.

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Leading Europe EV Charging Cables market Players:
• Aptiv PLC
• Coroplast Group
• General Cable Technologies Corporation
• Phoenix Contact E-Mobility
• SINBON Electronics Co., Ltd.
• TE Connectivity Corporation

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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe EV Charging Cables market. The researcher provides an extensive analysis of the Europe EV Charging Cables market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Europe EV Charging Cables Market Segmentation
Europe EV Charging Cables Market -By Type
 Public
 Private
Europe EV Charging Cables Market -By Power Supply Type
 Alternate Charging
 Direct Charging
Europe EV Charging Cables Market -By Cable Length
 2 -5 metres
 6 -10 metres
 >10 metres
Europe EV Charging Cables Market -By Charging Level
 Hospitals
 Ambulatory Surgical Centers
 Clinics

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Reason to Buy
 Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the regional Europe EV Charging Cables market.
 Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
 The key findings and recommendations highlight crucial progressive industry trends in the Europe EV Charging Cables market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
 Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
 Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
 Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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