Electric Vehicle (EV) Charging Cables Market

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2022
Developments of EV Charging Infrastructure
Driving Electric Vehicle Charging Cables Market
Growth
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A number of factors, such as the rise in the
deployment of electric vehicles (EVs),
technological advancements, surge in the concerns
related to air pollution, and development of the
EV charging infrastructure, are expected to drive
the electric vehicle charging cables market in
the foreseeable period (20212030). According to
PS Intelligence, the market generated revenue of
around 250 million in 2020, which is expected to
witness significant growth in the coming years.
In conventional charging stations, cables are the
medium through which the electric current enters
a vehicles charging system.   Moreover, key
industry players, such as Leoni AG, Chengdu Khons
Technology Co. Ltd., Coroplast Group, Aptiv plc,
Dyden Corporation, General Cable Technologies
Corporation, AMPLY Power, and TE Connectivity
Ltd., have been involving in collaborations and
partnerships to improve their position. For
example, in November 2019, AMPLY Power
collaborated with BYD Co. Ltd. to develop EV
charging stations and provide end-to-end services
to the operators of EV fleets, including utility
interconnections, operational upgrades, optimal
charging approaches on the basis of duty cycle
and drive cycle, and funding and debt financing
for reducing capital expenses.   Request for
sample copy of this report https//www.psmarketre
search.com/market-analysis/electric-vehicle-chargi
ng-cables-market/report-sample     One of the
major factors boosting the electric vehicle
charging cables market is the development of the
EV charging infrastructure. With the increasing
adoption of EVs, the installation of their
charging stations is also rising across the
world. Heavy investments are required for the
installation of charging stations therefore,
governments are installing them in public places.
As per the International Energy Agency (IEA), the
number of EV charging points rose by about 44
between 2017 and 2018 across the globe.  
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The power supply segment of the electric vehicle
charging cables market is categorized into
alternating current (AC) and direct current (DC).
Between the two, the AC category held the larger
share in the market in 2020, and it is expected
to dominate the market during the forecast period
as well. This can be ascribed to the rising
deployment of the charging infrastructure in
private facilities, such as homes and offices,
which majorly receive AC electricity.   Browse
full report at https//www.psmarketresearch.com/m
arket-analysis/electric-vehicle-charging-cables-ma
rket Furthermore, based on shape, the electric
vehicle charging cables market is bifurcated into
straight and coiled. Out of these, the straight
category held the larger revenue share in 2020 in
the market, and it is also projected to dominate
the market in the coming years. This can be
attributed to the low cost, ease of installation,
and low maintenance requirements of straight
cables. Since cost is a major factor hampering EV
sales, such cables might play an important role
in making the situation better.   Geographically,
the electric vehicle charging cables market in
Asia-Pacific (APAC) accounted for the largest
share in 2020, and it is also expected to be the
largest during the forecast period. This is
ascribed to the growth in the EV sector and
government efforts to improve the development of
the charging infrastructure. Moreover, China is
the major contributor to the regional market
growth, followed by South Korea and Japan. The
governments of these nations are providing
financial and regulatory support to the producers
and customers of EVs, thereby boosting the
adoption of charging cables.   Thus, the surging
deployment of charging stations and growing EV
industry across the globe are expected to propel
the market growth during the forecast period.    
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• Market Size Breakdown by Segment
• By Power Supply
• Alternating Current (AC)
• Direct Current (DC)
• By Charging Level 
• Level 1
• Level 2
• Level 3
• By Application 
•  Public
•  Private 
• By Shape 
• Straight
• Coiled
• By Cable Length 
• Up to 5 Meters  
• 6 Meters to 10 Meters
• Above 10 Meters

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• By Region
• North America EV Charging Cable Market
• By power supply
• By application
• By charging level
• By shape
• By cable length
• By country U.S. and Canada
• Europe EV Charging Cable Market
• By power supply
• By application
• By charging level
• By shape
• By cable length
• By country Germany, France, U.K., Sweden,
  Norway, and Rest of Europe
• Asia-Pacific (APAC) EV Charging Cable Market
• By power supply
• By application
• By charging level

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• Rest of the World (RoW) EV Charging Cable Market
• By power supply
• By application
• By charging level
• By shape
• By cable length
• By country Mexico and Others
• Analysis of Countries
• Further breakdown of the 11 listed countries will
  be provided as per the below segmentation
• By power supply
• By application
• By charging level
• By shape
• By cable length

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