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EV Charging Cables Market Report 2023, Global Size, Share, Growth, Latest Trends, Analysis, and Forecast 2028

10-04-2023 07:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

EV Charging Cables Market Report 2023, Global Size, Share,

According to IMARC Group's latest research report, titled "EV Charging Cables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the EV charging cables market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global EV charging cables market size reached US$ 837.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,891.2 Million by 2028, exhibiting a growth rate (CAGR) of 21.9% during 2023-2028.

Get Sample Copy of Report at - https://www.imarcgroup.com/ev-charging-cables-market/requestsample

EV Charging Cables Market Overview:

EV charging cables represent lines designed to transfer electricity from charging stations to recharge electric vehicles (EVs). They are produced using various raw materials, including silicone, polyvinyl chloride (PVC), cross-linked polyethylene (XLPE), thermoplastic elastomers (TPE), and ethylene propylene rubber (EPR). EV charging cables find extensive application in delivering direct current (DC) and alternating current (AC) charging to battery-powered electric and hybrid automobiles. These lines are known for their safety, flexibility, lightweight construction, cost-effectiveness, versatility, and remarkable durability. EV charging cables are user-friendly and provide efficient recharging capabilities. In addition to this, these lines offer enhanced convenience, easy portability, and the ability to withstand high working voltage and transmit substantial currents.

Browse Full Report With TOC: https://www.imarcgroup.com/ev-charging-cables-market

EV Charging Cables Market Trends:

The increasing adoption of these automobiles globally to mitigate the carbon footprint is primarily driving the EV charging cables market. Besides this, the extensive product utilization in residential and public stations to recharge various vehicles, including sedans, SUVs, hatchbacks, buses, trucks, LCVs, e-scooters, bikes, and other two-wheelers, is further augmenting the market growth. Moreover, the installation of EV charging stations across highways, expressways, petrol pumps, cities, shopping malls, and other public spaces to ensure seamless intra-city and inter-city commuting experiences for drivers is also catalyzing the global market.

Apart from this, the launch of various policies by the government bodies to encourage the usage of these automobiles to combat environmental pollution and reduce dependence on fossil fuels is acting as another significant growth-inducing factor. Additionally, the development of high-power charging lines equipped with advanced cooling systems, such as water-glycol mixtures, for faster recharge rates is also stimulating the market growth. Furthermore, the introduction of innovative products featuring light-emitting diode (LED) indicators to display status and provide protection against domestic plug overheating is anticipated to propel the EV charging cables market over the forecasted period.

Key Market Segmentation:

Competitive Landscape with Key Players:

• AG Electrical Technology Co.
• Besen International Group Co. Ltd.
• Brugg Group
• Coroplast Fritz Müller GmbH & Co. KG
• Dyden Corporation
• Eland Cable Limited
• EV Cables UK (Wottz Group)
• EV Teison
• Leoni AG
• Phoenix Contact GmbH & Co. KG
• Sinbon Electronics Co. Ltd.
• Systems Wire Cable
• TE Connectivity Ltd.

Cable Length Insights:

• Below 5 Meter
• 6 Meter to 10 Meter
• Above 10 Meter

Shape Insights:

• Straight
• Coiled

Charging Level Insights:

• Level 1
• Level 2
• Level 3

Power Type Insights:

• AC Charging
• DC Charging

Application Insights:

• Private Charging
• Public Charging

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse More Reports:

https://www.benzinga.com/pressreleases/23/07/33454022/india-vertical-farming-market-size-share-growth-drivers-future-projections-2023-28
https://www.benzinga.com/pressreleases/23/07/33453920/indian-farming-market-size-share-trends-demand-growth-drivers-forecast-2023-2028
https://www.benzinga.com/pressreleases/23/07/33454095/india-mobile-gaming-market-size-share-price-trends-growth-drivers-forecast-2023-28

Contact us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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