Press release
EV Charging Cables Market to Reach USD 5.2 Billion by 2032, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/1092/EV-charging-cables-market.html
Market Statistics
• Market size: USD 1.5 billion in 2024
• Forecast value: USD 5.2 billion by 2032
• CAGR: 16.8% during 2025-2032
• Forecast period: 2025-2032
• Base year: 2024
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Power Supply Type
• AC
• DC
By Cable Shape Type
• Straight
• Coiled
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
SEGMENT ANALYSIS
In the Power Supply Type category, AC cables are currently dominant, capturing a majority share due to their widespread use in residential and semi-commercial charging setups where infrastructure is well-established. In contrast, DC cables are anticipated to be the fastest-growing segment because of the increasing deployment of fast-charging stations requiring high-power direct current connectivity, indicating that suppliers focusing on advanced DC cable solutions could secure a larger share of the rapidly expanding fast-charging segment.
For Cable Shape Type, straight cables dominate the market due to their simpler design, ease of installation, and lower maintenance needs at most public charging stations. While coiled cables provide flexibility and reduced ground clutter in certain deployments, the continued prevalence of straight configurations emphasizes the need for manufacturers to streamline production and logistics for this core product.
REGIONAL INSIGHTS
Asia-Pacific is the largest and fastest-growing region, holding more than 50% share of the market in 2024. Growth in this region is principally propelled by robust EV adoption in major economies such as China, Japan, South Korea, and India, alongside significant investments in public and private charging infrastructure expansion, which points to significant opportunities for cable manufacturers and infrastructure investors targeting this high-demand market.
MARKET DRIVERS
• Increasing global adoption of electric vehicles elevates demand for compatible charging cables.
• Expansion of fast-charging infrastructure requires high-performance cable solutions.
• Government policies and incentives accelerating EV infrastructure deployment.
• Technological advancements improving cable performance and durability.
• Growing focus on reducing vehicular emissions drives EV ecosystem investments.
Competitive Landscape
Top Companies in the Market
• Aptiv Plc
• Besen International Group Ltd.
• Coroplast
• Chengdu Khons Technology Co., Ltd.
• General Cable Technologies Corporation
• Leoni AG
• PHOENIX CONTACT GmbH & Co. KG
• Sinbon Electronics
• Systems Wire and Cable
• TE Connectivity Ltd.
FAQs
1. What is the current size of the EV charging cables market?
The EV charging cables market was estimated at USD 1.5 billion in 2024.
2. What will the EV charging cables market be worth by 2032?
It is projected to reach USD 5.2 billion by 2032.
3. What CAGR is expected for the EV charging cables market between 2025 and 2032?
The market is expected to grow at a CAGR of 16.8% during 2025-2032.
4. Which power supply type segment is growing fastest in the EV charging cables market?
The DC power supply segment is anticipated to exhibit the highest growth rate.
5. Which region holds the largest share in the EV charging cables market?
Asia-Pacific holds the largest share in the market.
Related Links:
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Dicyclopentadiene market: https://www.bundas24.com/blogs/208119/Dicyclopentadiene-Market-Features-Applications-and-Future-Outlook
Diesel particulate filter market: https://vintfint.com/blogs/112944/Emerging-Trends-in-Diesel-Particulate-Filter-Technology
Digital holography market: https://plaza.rakuten.co.jp/researchnews08/diary/202512120000/
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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