Global EV Charging Cables Market Size, Trends & Growth Opportunity, By Power Supply (Alternate Charging, and Direct Charging), By Length (Below 5 meters, 6 meters to 10 meters, and Above 10 meters), By Charging Level (Level 1, Level 2, and Level 3), By Application (Private Charging, and Public Charging), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100166 | Industries : Energy & Power | Published On :May 2024 | Page Count : 240
Global EV Charging Cables Market Size, Trends & Growth Opportunity, By Power Supply (Alternate Charging, and Direct Charging), By Length (Below 5 meters, 6 meters to 10 meters, and Above 10 meters), By Charging Level (Level 1, Level 2, and Level 3), By Application (Private Charging, and Public Charging), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global EV Charging Cables Market
Global EV Charging Cables Market was valued at USD 664 million in 2021 and is expected to reach USD 2,950 million by 2027, at a CAGR 25.09% from 2022-2027.
EV charging cables are used for electric vehicles that support different charging modes in many regions. EV charging cables make it possible for drivers to charge their EV’s within a few minutes and travel significantly longer distances. These cables have a smaller diameter to make them easy to handle.
The charging cable is substantially lighter and more compact than standard charging cables because there is no electronics box to hold it. The EV’s charging cable is especially simple to use and practical due to its high degree of adaptability and extremely lightweight.
Market Drivers
Increasing government initiatives to reduce emission of greenhouse gases shall support the adoption of electric vehicles and develop & install of EV charging stations which is expected to drive the global EV charging cables market growth.
Furthermore, continuous advancements in EV charging technologies such as robotic changing, improving socio-economic conditions are expected to propel the market growth in forecast period 2027.
Market Restraints
However, availability of wireless EV charging is the major restraining factor which is expected to obstruct the global EV charging cables market growth. Also, high cost of DC charging cables will restrain the market growth further.
Market Segmentation
The Global EV Charging Cables Market is segmented into power supply such as Alternate Charging, and Direct Charging, by length such as Below 5 meters, 6 meters to 10 meters, and Above 10 meters. By charging level it is segmented into Level 1, Level 2, and Level 3, by shape such as Straight, and Coiled.
Further, the market is segmented into applications such as Private Charging, and Public Charging.
Regional Analysis
The Global EV Charging Cables Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The European region dominates the EV charging cables market due to the rising demand for electric vehicles in this region. Additionally, swift expansion of EV’s component manufacturers along with the presence of leading original equipment manufacturers and tier-1 suppliers such as Phoenix Contact and Leoni AG will flourish the growth of electric vehicle charging cables market in this region.
Market Key Players
Various key players are discussed in this report such as Leoni AG, Aptiv Plc., BESEN International Group, Dyden Corporation, TE Connectivity, Brugg Group, Sinbon Electronics, Coroplast, Phoenix Contact, EV Teison, and Others.
For instance, in September 2021, ABB launched an innovative all-in-one Electric Vehicle charger named Terra 360. Terra 360 is a modular charger which can charge up to 4 automobiles at the same time using dynamic power distribution. The new charger has a maximum power of 360 kW and can fully charge any EV in less than 15 minutes, serving a wide range of Electric Vehicle consumers.
Market Taxonomy
By Power Supply
• Alternate Charging
• Direct Charging
By Length
• Below 5 meters
• 6 meters to 10 meters
• Above 10 meters
By Charging Level
• Level 1
• Level 2
• Level 3
By Shape
• Straight
• Coiled
By Application
• Private Charging
• Public Charging
By Region
• North America
• Latin America
• Europe
• Asia Pacific
Global EV Charging Cables Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global EV Charging Cables Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global EV Charging Cables Market, By Power Supply
5.1 Y-o-Y Growth Comparison, By Power Supply
5.2 Global EV Charging Cables Market Share Analysis, By Power Supply
5.3 Global EV Charging Cables Market Size and Forecast, By Power Supply
5.3.1 Alternative Charging
5.3.2 Direct Charging
6 Global EV Charging Cables Market, By Length
6.1 Y-o-Y Growth Comparison, By Length
6.2 Global EV Charging Cables Market Share Analysis, By Length
6.3 Global EV Charging Cables Market Size and Forecast, By Length
6.3.1 Below 5 Meter
6.3.2 6 Meter to 10 Meter
6.3.3 Above 10 Meters
7 Global EV Charging Cables Market, By Charging Level
7.1 Y-o-Y Growth Comparison, By Charging Level
7.2 Global EV Charging Cables Market Share Analysis, By Charging Level
7.3 Global EV Charging Cables Market Size and Forecast, By Charging Level
7.3.1 Level 1
7.3.2 Level 2
7.3.3 Level 3
8 Global EV Charging Cables Market, By Shape
8.1 Y-o-Y Growth Comparison, By Shape
8.2 Global EV Charging Cables Market Share Analysis, By Shape
8.3 Global EV Charging Cables Market Size and Forecast, By Shape
8.3.1 Straight
8.3.2 Coiled
9 Global EV Charging Cables Market, By Application
9.1 Y-o-Y Growth Comparison, By Application
9.2 Global EV Charging Cables Market Share Analysis, By Application
9.3 Global EV Charging Cables Market Size and Forecast, By Application
9.3.1 Private Charging
9.3.2 Public Charging
10 Global EV Charging Cables Market, By Region
10.1 Global EV Charging Cables Market Share Analysis, By Region
10.2 Global EV Charging Cables Market Share Analysis, By Region
10.3 Global EV Charging Cables Market Size and Forecast, By Region
11 North America EV Charging Cables Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 North America EV Charging Cables Market Share Analysis, By Power Supply
11.3 North America EV Charging Cables Market Size and Forecast, By Length
11.4 North America EV Charging Cables Market Size and Forecast, By Charging Level
11.5 North America EV Charging Cables Market Size and Forecast, By Shape
11.6 North America EV Charging Cables Market Size and Forecast, By Application
11.7 North America EV Charging Cables Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe EV Charging Cables Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Europe EV Charging Cables Market Share Analysis, By Power Supply
12.3 Europe EV Charging Cables Market Size and Forecast, By Length
12.4 Europe EV Charging Cables Market Size and Forecast, By Charging Level
12.5 Europe EV Charging Cables Market Size and Forecast, By Shape
12.6 Europe EV Charging Cables Market Size and Forecast, By Application
12.7 Europe EV Charging Cables Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific EV Charging Cables Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Asia Pacific EV Charging Cables Market Share Analysis, By Power Supply
13.3 Asia Pacific EV Charging Cables Market Size and Forecast, By Length
13.4 Asia Pacific EV Charging Cables Market Size and Forecast, By Charging Level
13.5 Asia Pacific EV Charging Cables Market Size and Forecast, By Shape
13.6 Asia Pacific EV Charging Cables Market Size and Forecast, By Application
13.7 Asia Pacific EV Charging Cables Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4 Rest of Asia Pacific
14 Latin America EV Charging Cables Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Latin America EV Charging Cables Market Share Analysis, By Power Supply
14.3 Latin America EV Charging Cables Market Size and Forecast, By Length
14.4 Latin America EV Charging Cables Market Size and Forecast, By Charging Level
14.5 Latin America EV Charging Cables Market Size and Forecast, By Shape
14.6 Latin America EV Charging Cables Market Size and Forecast, By Application
14.7 Latin America EV Charging Cables Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2 Rest of Latin America
15 Middle East EV Charging Cables Market Analysis and Forecast (2022 – 2027)
15.1 Introduction
15.2 Middle East EV Charging Cables Market Share Analysis, By Power Supply
15.3 Middle East EV Charging Cables Market Size and Forecast, By Length
15.4 Middle East EV Charging Cables Market Size and Forecast, By Charging Level
15.5 Middle East EV Charging Cables Market Size and Forecast, By Shape
15.6 Middle East EV Charging Cables Market Size and Forecast, By Application
15.7 Middle East EV Charging Cables Market Size and Forecast, By Country
15.7.1 Saudi Arabia
15.7.2 UAE
15.7.3 Egypt
15.7.4 Kuwait
15.7.5 South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Leoni AG
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Aptiv Plc
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 BESEN International Group
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Dyden Corporation
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 TE Connectivity
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Brugg Group
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Sinbon Electronics
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Coroplast
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Phoenix Contact
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 EV Teison
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies