-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to a report released by Growth Market Reports, an international market research firm, the global electric vehicle charging cable market will grow rapidly
at a compound annual growth rate of 29% from 2022 to 2030.
The popularity of electric vehicles, the growing demand for fast charging, and the connectivity and rapid development of EV charger devices are the major drivers
contributing to the stable and rapid development of this market.
According to the cable length to subdivide, the global electric vehicle charging cable is mainly divided into less than 5 meters, 6-10 meters, and more than
10 meters.
With the increasing adoption of private EV charging, the segment of 5 meters and below is expected to grow at a rate of more than 29% during the forecast period; For service providers, the demand for charging cables in charging stations will be diversified to meet the charging needs
of users in charging stations.
Therefore, the 6-10 meter segment is expected to grow at a CAGR of around 27%
during the forecast period.
According to the power supply, the electric vehicle charging cable market is mainly divided into DC charging and AC charging
.
The DC charging segment is expected to grow
at a faster rate during the forecast period as charging demand increases.
From the perspective of regional market, the global market is mainly divided into five regions
: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Asia Pacific is expected to expand at a faster CAGR during the forecast period, with China dominating the charging cable market
in Asia Pacific.
At the same time, the growing demand for fast charging in Japan and South Korea will also drive the growth
of the region.
According to a report released by Growth Market Reports, an international market research firm, the global electric vehicle charging cable market will grow rapidly
at a compound annual growth rate of 29% from 2022 to 2030.
The popularity of electric vehicles, the growing demand for fast charging, and the connectivity and rapid development of EV charger devices are the major drivers
contributing to the stable and rapid development of this market.
According to the cable length to subdivide, the global electric vehicle charging cable is mainly divided into less than 5 meters, 6-10 meters, and more than
10 meters.
With the increasing adoption of private EV charging, the segment of 5 meters and below is expected to grow at a rate of more than 29% during the forecast period; For service providers, the demand for charging cables in charging stations will be diversified to meet the charging needs
of users in charging stations.
Therefore, the 6-10 meter segment is expected to grow at a CAGR of around 27%
during the forecast period.
According to the power supply, the electric vehicle charging cable market is mainly divided into DC charging and AC charging
.
The DC charging segment is expected to grow
at a faster rate during the forecast period as charging demand increases.
From the perspective of regional market, the global market is mainly divided into five regions
: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Asia Pacific is expected to expand at a faster CAGR during the forecast period, with China dominating the charging cable market
in Asia Pacific.
At the same time, the growing demand for fast charging in Japan and South Korea will also drive the growth
of the region.
