Press release
Electric Vehicle Charging Cable Market: The global market is expected to grow at a CAGR of 18.3% during the forecasted period.
As per the study initiated by Evolve Business Intelligence, the global Electric Vehicle Charging Cable Market size accounted for USD 980.1 Million in 2022, growing at a CAGR of 18.3% from 2023 to 2033. The Electric Vehicle Charging Cable Market refers to the industry involved in the manufacturing, distribution, and sale of cables specifically designed for charging electric vehicles (EVs). As the global automotive industry undergoes a shift towards electric mobility, the demand for electric vehicle charging infrastructure has increased, leading to a growing market for charging cables.These cables are an essential component of the charging infrastructure, facilitating the transfer of electrical power from charging stations to electric vehicles. They come in various types, such as AC (alternating current) and DC (direct current) charging cables, with different connectors based on the charging standards used by various EV manufacturers. The Electric Vehicle Charging Cable Market is a dynamic sector closely tied to the growth and development of the electric vehicle industry, reflecting the evolving needs and standards of the global electric mobility landscape.
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Key Highlights:
• The global Electric Vehicle Charging Cable Market size was valued at USD 980.1 Million in 2022 growing at a CAGR of 18.3% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Electric Vehicle Charging Cable Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Electric Vehicle Charging Cable Market players holding high market shares include Chengdu Khons Technology Co. Ltd., Phoenix Contact, Aptiv and BESEN-Group. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Leoni AG
• Coroplast
• Chengdu Khons Technology Co., Ltd.
• Phoenix Contact
• Aptiv
• BESEN-Group
• General Cable Technologies Corporation
• Dyden Corporation
• TE Connectivity
Segmental Analysis
Market Segment By Power Supply
• Alternate Charging (AC)
• Direct Charging (DC)
Market Segment By Application
• Private Charging
• Public Charging
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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