A08914 | Pages: NA | May 2022 | 2118 Views | | |
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Ev Charging Cable Market
Request Now !The global electric vehicle market has taken a huge leap forward in the past decade. With rising concern of emission levels in the world, the governments are promoting to increase the use of electrical vehicle. Moreover, EV utilizes energy supplied from rechargeable battery packs. These battery packs are charged with the help of charging cables. Therefore, the charging cables play a vital role in EV. EV charging cable is available in market according type of charging current supplied, i.e., Alternate current (AC) or Direct current (DC). As AC charging is easily available in residential or semi-commercial charging station, the adoption of AC charging cable has increased.
COVID-19 scenario analysis:
Increasing adoption of EV has amplified the market of EV Charging Cables. Additionally, government concerns over reducing carbon footprints is driving the market of EV charging cables. Besides, the demand for fast charging cables would proliferate the market growth. Moreover, the decreasing price of batteries is fueling the EV charging cable market. However, high operational costs associated with high power charging and improvement of wireless EV charging would hamper the market growth. Further, the investments made by countries in development of public EV charging station infrastructure will propel EV charging cable market growth.
The EV Charging Cable Market trends are as follows:
In wireless charging, electricity is transferred from one magnetic coil in the charger to a second magnetic coil fitted to the car through an air gap. Accordingly, Plugless company has started selling wireless chargers for the Tesla Model S, BMW i3, Nissan Leaf, and first-generation Chevrolet Volt. In addition, BMW is planning to wireless charging pad for its 530e iPerformance hybrid car. However, wireless charging concept will hamper the EV Charging Cable Market growth.
Governments around the world are focusing on infrastructural development for EV landscape and thereby promoting the use of EV. Due to the heavy investment made by governments, public charging stations
are installed at every possible public places. Additionally, few governments like government of China and France, are subsidizing the construction of public charging station further expanding the EV Charging Cable Market.
Key benefits of the report:
Questions answered in the EV Charging Cable Market research report:
Key Market Segments
Segments | Sub-segments |
---|---|
By Power type |
|
By Application |
|
By Cable length |
|
By Shape |
|
By Charging level |
|
By Jacket Material |
|
By Region |
|
Key Market Players
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers