EV charging cables Market: Segmented: Power Supply (Alternate Charging, Direct Charging), By Application (Private Charging and Public Charging), By Shape (Straight and Coiled) And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
[ 170 + Pages Research Report ] EV charging cables Market to surpass USD 11,087 million by 2031 from USD 409.8 million in 2021 at a CAGR of 39.2% in the coming years, i.e., 2021-31.
Product Overview
EV charging cables are the connecting cables that are used to connect the EV charging device and electric vehicles to transmit power. EV charging cables are used by people who own electric vehicles and make it possible to charge electric vehicles within a few minutes and travel long distances. In EV charging cables both ends are fitted with plugs that depend on the electric vehicle's model and charger type. EV charging cables are mainly used in charging stations, garages, and parking lots. EV charging cables are designed to transfer the amount of power to charge the electric vehicles in the least possible time.
Market Highlights
The global EV charging cables market is expected to project a notable CAGR of 39.2% in 2031.
The adoption of Electric Vehicles is increased due to their easy maintenance and environment-friendly properties. The rapid advancement of electric vehicle supply equipment and increasing adoption of electric vehicles has fueled the rise of the EV charging cable market. Furthermore, rising awareness of the matter of exhausting non-renewable resources is the primary driver of the market.
Global EV charging cables market: Segments
Alternate Charging segment to grow with the highest CAGR during 2021-31
The global EV charging cables market is classified based on Power Supply into Alternate Charging, Direct Charging. The Alternate Charging cable segment is expected to be the largest market during the forecast period. Alternate Charging is used in residential and semi-commercial charging stations globally. Alternate Charging cable offers lower installation costs and less power output, which proliferates the demand for this segment during the forecast period.
Straight cables segment to grow with the highest CAGR during 2021-31
Based on shape, the global EV charging cables Market is fragmented between straight cables and Coiled cables. straight cables are mostly used for electric vehicle charging due to their less manufacturing cost, low maintenance over time, and low cost as compared to coiled cables. In addition, Straight EV charging cables are spread on the ground thus, do not suspend weight on any side of the sockets.
Market Dynamics
Drivers
Rising Adoption of Electric Vehicles
One of the market's primary drivers is a growing awareness of the importance of environmental conservation. The growing demand for electric vehicles is emerging as the major driving factor for the global EV charging cable market. Electric vehicles are becoming increasingly popular due to their impacts on the environment is likely to boost the electric vehicle charging cables market across the globe. The rising popularity of electric vehicles as a source of reducing air pollution and noise pollution has fueled the growth of the EV charging cable industry.
Government initiatives and improvement in R&D
The EV charging cables Market is also growing as a result of increased consumer and industry awareness of environmental concerns. As the general public becomes more aware of environmental issues, the greater demand for environmentally-friendly electric vehicles will be greater. Furthermore, Government investment to develop charging infrastructure is rising across the globe and is expected to fuel the electric vehicle charging cables market globally. The fast development of electric component manufacturing industries across the globe is likely to further fuel the electric vehicle charging cable market. Other factors driving market growth include increased research and development activities and technological advancements in the manufacture of EV charging cables.
Restraint
Advancement of wireless EV charging
A vehicle can be charged without using wire by using wireless charging technology. Many companies are planning to implement wireless technology in various applications. The important developments in wireless EV charging can impact the growth of the EV charging cables market.
Global EV charging cables market: Key Players
Tesla, Inc
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Phoenix Contact
Dryden Corporation
TE Connectivity
Coroplast
Leoni AG
BESEN International Group
TE Connectivity
General Cable Technologies Corporation
Chengdu Khons Technology Co., Ltd.
Manson Polymers
Eland Cables
Ev Teison
Aptiv Plc.
Brugg Group
Other Prominent Players
Global EV charging cables market: Regions
Global EV charging cables market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific has dominated the industry in recent years with a significant share due to favorable government regulations and subsidies. China is the largest electric vehicle charging cable market. North America has risen to second place in terms of value in recent years, Rise in advanced charging infrastructure installation and due to existence of important EV supply equipment manufacturers in the region are likely to drive the regional market.
Impact of Covid-19 on EV charging cables Market
The COVID-19 pandemic due to the lockdowns has hurt the global market for electric vehicle charging cables. Many automotive corporations have stopped production due to various restrictions imposed by governments. Automotive industry sales around the globe are facing a slowdown.
Global EV charging cables are further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
the Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global EV charging cables report also contains analysis on:
EV charging cables Segments:
Power Supply
Alternate Charging
Direct Charging
By Application
Private Charging
Public Charging
By Shape
Straight
Coiled
EV charging cables Dynamics
EV charging cables Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
EV charging cables Market Report Scope and Segmentation
Report Attribute Details
The market size value in 2021 USD 409.8 million
The revenue forecast in 2031 USD 11,087 million
Growth Rate CAGR of 39.2% from 2021 to 2031
The base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Type, Application, and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled Tesla, Inc., Phoenix Contact, Dryden Corporation, TE Connectivity, Coroplast, Leoni AG, BESEN International Group, TE Connectivity, General Cable Technologies Corporation, Chengdu Khons Technology Co., Ltd., Manson Polymers, Eland Cables, EV TEISON, Aptiv Plc., Brugg Group are and Other Prominent Players
Product Overview
EV charging cables are the connecting cables that are used to connect the EV charging device and electric vehicles to transmit power. EV charging cables are used by people who own electric vehicles and make it possible to charge electric vehicles within a few minutes and travel long distances. In EV charging cables both ends are fitted with plugs that depend on the electric vehicle's model and charger type. EV charging cables are mainly used in charging stations, garages, and parking lots. EV charging cables are designed to transfer the amount of power to charge the electric vehicles in the least possible time.
Market Highlights
The global EV charging cables market is expected to project a notable CAGR of 39.2% in 2031.
The adoption of Electric Vehicles is increased due to their easy maintenance and environment-friendly properties. The rapid advancement of electric vehicle supply equipment and increasing adoption of electric vehicles has fueled the rise of the EV charging cable market. Furthermore, rising awareness of the matter of exhausting non-renewable resources is the primary driver of the market.
Global EV charging cables market: Segments
Alternate Charging segment to grow with the highest CAGR during 2021-31
The global EV charging cables market is classified based on Power Supply into Alternate Charging, Direct Charging. The Alternate Charging cable segment is expected to be the largest market during the forecast period. Alternate Charging is used in residential and semi-commercial charging stations globally. Alternate Charging cable offers lower installation costs and less power output, which proliferates the demand for this segment during the forecast period.
Straight cables segment to grow with the highest CAGR during 2021-31
Based on shape, the global EV charging cables Market is fragmented between straight cables and Coiled cables. straight cables are mostly used for electric vehicle charging due to their less manufacturing cost, low maintenance over time, and low cost as compared to coiled cables. In addition, Straight EV charging cables are spread on the ground thus, do not suspend weight on any side of the sockets.
Market Dynamics
Drivers
Rising Adoption of Electric Vehicles
One of the market's primary drivers is a growing awareness of the importance of environmental conservation. The growing demand for electric vehicles is emerging as the major driving factor for the global EV charging cable market. Electric vehicles are becoming increasingly popular due to their impacts on the environment is likely to boost the electric vehicle charging cables market across the globe. The rising popularity of electric vehicles as a source of reducing air pollution and noise pollution has fueled the growth of the EV charging cable industry.
Government initiatives and improvement in R&D
The EV charging cables Market is also growing as a result of increased consumer and industry awareness of environmental concerns. As the general public becomes more aware of environmental issues, the greater demand for environmentally-friendly electric vehicles will be greater. Furthermore, Government investment to develop charging infrastructure is rising across the globe and is expected to fuel the electric vehicle charging cables market globally. The fast development of electric component manufacturing industries across the globe is likely to further fuel the electric vehicle charging cable market. Other factors driving market growth include increased research and development activities and technological advancements in the manufacture of EV charging cables.
Restraint
Advancement of wireless EV charging
A vehicle can be charged without using wire by using wireless charging technology. Many companies are planning to implement wireless technology in various applications. The important developments in wireless EV charging can impact the growth of the EV charging cables market.
Global EV charging cables market: Key Players
Tesla, Inc
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Phoenix Contact
Dryden Corporation
TE Connectivity
Coroplast
Leoni AG
BESEN International Group
TE Connectivity
General Cable Technologies Corporation
Chengdu Khons Technology Co., Ltd.
Manson Polymers
Eland Cables
Ev Teison
Aptiv Plc.
Brugg Group
Other Prominent Players
Global EV charging cables market: Regions
Global EV charging cables market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The Asia Pacific has dominated the industry in recent years with a significant share due to favorable government regulations and subsidies. China is the largest electric vehicle charging cable market. North America has risen to second place in terms of value in recent years, Rise in advanced charging infrastructure installation and due to existence of important EV supply equipment manufacturers in the region are likely to drive the regional market.
Impact of Covid-19 on EV charging cables Market
The COVID-19 pandemic due to the lockdowns has hurt the global market for electric vehicle charging cables. Many automotive corporations have stopped production due to various restrictions imposed by governments. Automotive industry sales around the globe are facing a slowdown.
Global EV charging cables are further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
the Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global EV charging cables report also contains analysis on:
EV charging cables Segments:
Power Supply
Alternate Charging
Direct Charging
By Application
Private Charging
Public Charging
By Shape
Straight
Coiled
EV charging cables Dynamics
EV charging cables Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
EV charging cables Market Report Scope and Segmentation
Report Attribute Details
The market size value in 2021 USD 409.8 million
The revenue forecast in 2031 USD 11,087 million
Growth Rate CAGR of 39.2% from 2021 to 2031
The base year for estimation 2020
Quantitative units Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Type, Application, and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled Tesla, Inc., Phoenix Contact, Dryden Corporation, TE Connectivity, Coroplast, Leoni AG, BESEN International Group, TE Connectivity, General Cable Technologies Corporation, Chengdu Khons Technology Co., Ltd., Manson Polymers, Eland Cables, EV TEISON, Aptiv Plc., Brugg Group are and Other Prominent Players
1. EXECUTIVE SUMMARY
2. GLOBAL EV CHARGING CABLES MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL EV CHARGING CABLES MARKET ANALYSIS
10.1. Porter Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL EV CHARGING CABLES MARKET
11.1. Market Size & forecast, 2020A-2031F
11.1.1. By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2. By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12. GLOBAL EV CHARGING CABLES MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5. the Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2. By Power Supply: Market Share (2020-2031F)
12.2.1. Alternate Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2. Direct Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3. By Application: Market Share (2020-2031F)
12.3.1. Private Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.2. Public Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4. By Shape: Market Share (2020-2031F)
12.4.1. Straight, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.2. Coiled, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
13. COMPANY PROFILE
13.1. Tesla, Inc
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Phoenix Contact
13.3. Dryden Corporation
13.4. TE Connectivity
13.5. Coroplast
13.6. Leoni AG
13.7. BESEN International Group
13.8. TE Connectivity
13.9. General Cable Technologies Corporation
13.10. Chengdu Khons Technology Co., Ltd.
13.11. Manson Polymers
13.12. Eland Cables
13.13. Ev Teison
13.14. Aptiv Plc.
13.15. Brugg Group
13.16. Other Prominent Players
13.16.1. Consultant Recommendation
13.16.2. The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. GLOBAL EV CHARGING CABLES MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. GLOBAL EV CHARGING CABLES MARKET ANALYSIS
10.1. Porter Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. GLOBAL EV CHARGING CABLES MARKET
11.1. Market Size & forecast, 2020A-2031F
11.1.1. By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
11.1.2. By Volume (Million Units) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12. GLOBAL EV CHARGING CABLES MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.1.5. the Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa), By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2. By Power Supply: Market Share (2020-2031F)
12.2.1. Alternate Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.2.2. Direct Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3. By Application: Market Share (2020-2031F)
12.3.1. Private Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.3.2. Public Charging, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4. By Shape: Market Share (2020-2031F)
12.4.1. Straight, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
12.4.2. Coiled, By Value (USD Million) 2020-2031F; Y-o-Y Growth (%) 2021-2031F
13. COMPANY PROFILE
13.1. Tesla, Inc
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Phoenix Contact
13.3. Dryden Corporation
13.4. TE Connectivity
13.5. Coroplast
13.6. Leoni AG
13.7. BESEN International Group
13.8. TE Connectivity
13.9. General Cable Technologies Corporation
13.10. Chengdu Khons Technology Co., Ltd.
13.11. Manson Polymers
13.12. Eland Cables
13.13. Ev Teison
13.14. Aptiv Plc.
13.15. Brugg Group
13.16. Other Prominent Players
13.16.1. Consultant Recommendation
13.16.2. The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
