openPR Logo
Press release

Combined Charging System Market Forecast Report Offers Actionable Insights 2017 - 2027

11-15-2017 10:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Combined Charging System Market Forecast Report Offers

In today’s scenario, energy efficiency is on high demand, boosted by a foremost concern with climatic changes and by the increasing fuel prices in region that have a significant dependency on imported fossil fuels. A large amount of oil consumption is dependent upon the transportation sector and large portion is used by street vehicles. The transportation sector is going to increase their share in world’s oil consumption by more than 50% by 2030. Regarding to this concern, the demand for electric vehicles is increasing day-by-day, which will support the demand for combined charging system.

The combined charging system includes connector and inlet combination as well as control functions. These manages the communication between EV charging point and electric vehicle. Combined charging system (CSS) deliver high voltage direct current via special electrical connector derived from SAE J1772 (IEC Type 2) and (IEC Type 1) connector. Connector geometries are available for Type 2 (Europe) and Type 1 (North America). These system are developed by leading manufacturers and are used by large number of electric vehicles. For instance, the European Commission (EU) identified use of Type 2 (CCS) charging system in line with IEC 62196 as a uniform standard throughout European countries. Many of the manufacturers support the demand for combined charging system.

Request For Report Sample: https://www.futuremarketinsights.com/reports/sample/rep-gb-5127

Combined Charging System Market: Dynamics

Growing demand of electric vehicles coupled with strong support from main car manufacturers (ACEA to combo standard and Japanese manufacturers to CHAdeMO) are expected to drive the demand for combined charging systems. Moreover, advanced technology of this system which help to charge electric vehicle in less than thirty minutes will drive the demand of combines charging systems. However, relative high cost of this system (installation and operation of charging points) will restraint the growth of the market in future. Also, customer’s preference towards fuel vehicle over electric vehicle would hamper the demand for combined charging system.

Combined Charging System Market: Outlook/Trend

The MEA region have adopted the European standard type 2 connector for AC charging; on the other hand, the introduction of a combined charging system is still being debated. In terms of DC charging, CHAdeMO charging stations are being installed. North America and Europe also have their own fast Combined Charger System (CCS) and standards. This type of charging station is supported by majority of car manufacturers, such as Chrysler, BMW, VW, GM, Daimler, Porsche, Audi and Ford. Since 2013, the vehicles with CCS standard using fast DC charging capability, have been on road from a way long back.

Electric vehicles are currently seen by many countries as a way forward preferred choice for public transport. Factors such as addressing climate concern, such as in electric vehicles, may help to overcome the problems with energy security and dependence on traditional fuel. The governments are providing subsidies to support the manufacturers to establish their plants in their region. Moreover, the government and OEMs are investing in infrastructure to install charging station in their country. For instance, Nissan is growing efforts to install charging station, which will help the customers to charge their vehicles free of cost. With the aforementioned reasons, the demand for combined charging system will increase in the near future.

Request For Report Table of Content (TOC): https://www.futuremarketinsights.com/toc/rep-gb-5127

Combined Charging System Market: Segmentation

On the basis of vehicle type, the combined charging system market can be segmented into:

Electric Vehicles

PHEV (Plug in Hybrid Vehicles)

HEV (Hybrid Electric Vehicle)

On the basis of power, the combined charging system market can be segmented into:

40Kwh to 100Kwh

100Kwh to 200Kwh

More than 200KwH

Combined Charging System Market: Participants

Examples of some of the OEM who are jointly working with SAE on combined charging system to consolidate all types of electric charging system are:

BMW AG

Audi

Daimler AG

Ford Motor Company

General Motors (GM)

Porsche AG

VW

Tesla, Inc.

Nissan Motor Company

Fiat Chrysler Automobiles N.V.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
Abhishek Bhudoliya
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Combined Charging System Market Forecast Report Offers Actionable Insights 2017 - 2027 here

News-ID: 817781 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Combined

Global Combined Bearing Market Growth 2019-2024
LP INFORMATION offers a latest published report on Combined Bearing Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. According to this study, over the next five years the Combined Bearing market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,
Combined Heat and Power Market by Technology (Combined Cycle, Steam Turbine, Gas …
Combined Heat and Power Market to reach +$44bn by 2024 Growing electricity demand along with rapid industrialization and urbanization will drive the combined heat and power market Energy security concerns along with growing penetration of renewable energy will positively impact the regional industry growth. Increasing focus towards the replacement of existing coal fired plants with clean fuel generation to cut carbon footprint will further augment the business. This report can
Combined Angiography Market 2016 - 2024 Growth and Forecast
Angiography is an X-ray imaging technique in which, contrasting agents are injected into the blood stream to visualize the blood vessels and help understand the abnormalities of blood vessels such as aneurysms and atherosclerosis. It is commonly used for diagnosing the heart diseases such as Coronary artery diseases. According to WHO, in 2012, 17.2 million people have died from cardiovascular diseases globally. Among them, 42.2% of the population were victims
Combined Angiography Market Demand and Growth 2016 - 2024
Angiography is an X-ray imaging technique in which, contrasting agents are injected into the blood stream to visualize the blood vessels and help understand the abnormalities of blood vessels such as aneurysms and atherosclerosis. It is commonly used for diagnosing the heart diseases such as Coronary artery diseases. According to WHO, in 2012, 17.2 million people have died from cardiovascular diseases globally. Among them, 42.2% of the population were victims
Real Estate and High-Tech industry combined
Rubina Real Estate has unified specialists from the real estate industry and representatives of tech-start ups at the kick-off event ‘bricks & tech - innovational talks about the digital future of real estate’ in The Liberate Bar in Berlin. Twenty high-class guests were attending this private event. Guests from the real estate industry included among others Mr. Gordon Gorski, Managing director of Hochtief project development GmbH and Dr. Matthias von
Comfortable Testing – Cleverly Combined
Berlin, Munich, 8.11.2013 – The new interface of MTest enables a fully automated transfer of test specifications from the classification tree editor CTE XL Professional. The direct data transfer makes testing and evaluation of MiL-, SiL-, and PiL-simulations with MTest in compliance with ISO 26262 regulations remarkably convenient and efficient. The target-oriented implementation of the legal requirements of ISO 26262 such as equivalence class testing and boundary-value analysis has never