The report on the EV Charging Cables Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2021-2026. The report also offers insights into different market segments and other factors affecting the market.

Market Insights

EV charging cables market is likely to witness an impressive CAGR of 31.5% during the forecast period. The prime factor contributing to the demand for EV charging cables is mainly the increasing development in the EV infrastructure in the emerging economies along with the mounting adoption of electric vehicles, and growing requirement for fast charging cables.
 
COVID-19 IMPACT on the Market-

The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.
The growth curves of EV Charging Cables market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the EV Charging Cables market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

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Key Players

Some of the major EV charging cable manufacturers are-
• Leoni AG
• TE Connectivity Ltd.
• Besen International Group Ltd.
• Aptiv Plc
• PHOENIX CONTACT GmbH & Co. KG
• Coroplast
• Chengdu Khons Technology Co., Ltd.
• General Cable Technologies Corporation
• Sinbon Electronics
• Systems Wire and Cable

EV Charging Cables Market Segmentation:

The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.
The EV Charging Cables market is segmented into the following categories-

By Power Supply Type

Based on the power supply type, the market is segmented as AC and DC. The AC segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. AC power supply is majorly used in residential and semi-commercial charging stations with a charging speed of 22 kW depending on vehicle and infrastructure standards. Although compared to DC power supply, AC power supply requires a higher charging duration.

By Cable Shape Type

Based on the cable shape type, the EV charging cables market is segmented as straight and coiled. The straight EV charging cables segment dominates the market. Most of the public charging stations adopt straight cables because of their ease of installations, reduced costs, and low maintenance over time. Straight EV charging cables are spread on the ground and do not suspend weight on either side of the sockets.

By Region

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, South Korea, and India being the major countries with lucrative growth opportunities. The growth of the market is mainly driven by the increasing adoption of electric vehicles in the region. Increased spending to support infrastructure for electric vehicles is expected to further drive the region’s market.
Report Customization Options
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- Company Profiling
- Detailed profiling of key market players (up to 3 players)
- SWOT analysis of key market players (up to 3 players)
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