Global EV Charging Cables Market is expected to reach $1,595.37 million 2027 growing at a CAGR 29.8% during 2018 to 2027.
Mar 3, 2020
Some of the key players in EV Charging Cables Market include Leoni AG, Aptiv Plc, BESEN International Group, Dyden Corporation, TE Connectivity, Brugg Group, Sinbon Electronics, Coroplast, Phoenix Contact, EV Teison, Systems Wire and Cable and General Cable Technologies Corporation.
Gaithersburg, Maryland, United States - March 3, 2020 /MarketersMedia/ —
Some of the key factors propelling the market growth are growing adoption of electric vehicles and rising demand for fast charging cables. However, high cost of these charging cables and improvement of wireless EV charging are the restraining factor for the growth of the market.
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EV charging cables for electric vehicles support different charging modes in various regions. Charging cables make it possible for drivers to charge their electric vehicles within a few minutes and to travel significantly longer distances. Such cables must have a smaller diameter to make them easy to handle, but this exposes them to overheating. This is why they are consequently fitted with a liquid-cooling system.
By power supply type, alternate charging (https://www.strategymrc.com/report/ev-charging-cables-market
On the basis of geography, North America is anticipated to hold considerable market share during the forecast period. Various projects initiated by the government to increase the number of public charging stations are expected to drive the market in the region. The rising installation of advanced charging infrastructure and presence of key players in the electric vehicle supply equipment industry are also expected to drive the market in the region.
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Jacket Materials Covered:
• Thermoplastic Elastomer (TPE) Jacket
• Polyvinyl Chloride (PVC) Jacket
• All Rubber Jacket
Shapes Covered:
• Coiled Cables
• Straight Cable
Power Supply Types Covered:
• Direct Charging (>=22kW)
• Alternate Charging (
Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/
Source: MarketersMedia
Release ID: 88948631
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