The global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from an estimated USD 665 million in 2022

2022-06-24 22:47:05 By : Mr. Harry Tung

Anyone in England can apply to use the equity loan scheme for a self-build home

Factors such as rapidly developing EV infrastructure, rising EV sales worldwide, and government support on overall EV ecosystem are expected to support the EV charging cables market growth. Increasing concerns about the environment along with rapid improvements in battery and charging technologies have contributed to the growing popularity of electric vehicles.

New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "EV Charging Cables Market by Power Supply, Application, Length, Shape, Mode, Charging Level, Diameter and Region - Global Forecast to 2027" - https://www.reportlinker.com/p05844659/?utm_source=GNW Similarly, improving vehicle range is further supporting the demand for electric vehicles across the world. Further, faster charging technology has reduced the range anxiety among the people.Earlier, electric vehicle batteries took a long time to charge completely, but level 3 chargers can now charge a vehicle in less than an hour and enable the vehicle to run for more than 200 km. The increasing demand for zero-emission vehicles is also likely to boost electric vehicle sales, which, in turn, would accentuate the need for charging cables. These factors would drive the growth of the EV charging cables market. In 2021, LEONI AG made a special charging cable for VW ID.4, the charging is claimed to be robust and ensures safe distribution of energy and consumes less resources. Mode 1 & 2 segment is the estimated to be the largest market during the forecast period. The mode 1 & 2 segment is expected to lead the market during the forecast period.Mode 1 charging cables refer to domestic charging from a normal power socket at homes with a simple charging cord. This type of charging includes charging an EV with a standard power outlet.These cables do not have any shock protection against DC currents and are often used for charging E-bikes. Mode 2 EV charging cables are currently the most common charging mode for EVs.Mode 2 charging cables can be of a variety of versions. These charging cables are supplied by OEMs along with cars. EV owners can charge electric vehicles from a household power outlet. The cost of mode 1 & 2 charging cables is significantly less than mode 2 and mode 3. However, the mode 4 segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for DC fast chargers across the world. DC Charging is expected to grow with higher CAGR during the forecast period DC charging is the fastest charging method as it can charge a vehicle from fully drained to 80% in less than 15 minutes.However, it is very expensive. DC stations and cables together can cost in the range of USD 15,000–40,000.In a DC-charging system, the AC/DC conversion occurs in the charging equipment instead of the vehicle’s AC/DC converter. Asia Pacific is projected to be the fastest-growing market for direct charging. The market growth in this region can be attributed to the rapidly growing EV sales volumes and increased demand for fast chargers that can charge an electric vehicle in less than an hour. Less than 10 mm cable is expected to remain the largest segment during the forecast period. The less than 10 mm segment is projected to lead the EV charging cables markets during the forecast period.Cables with a diameter less than 10 mm are generally used for domestic applications and require AC charging. EV charging cables sold along with electric vehicles are typically in the range of 4 to 6 mm.This is because most EV makers offer AC charging stations & cables along with their vehicles. Less than 10 mm cables form the most effective diameter specification for charging efficiency and ease of storage & handling. In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the market. • By Company Type: Tier I – 59%, Tier II – 14%, and OEMs – 27% • By Designation: C Level – 34%, Directors – 27%, and Others – 39% • By Region: Asia Pacific – 45%, Europe – 20%, North America – 30% and RoW-5% The market comprises major manufacturers such as LEONI AG (Germany), TE Connectivity (Switzerland), BESEN Group (China), Aptiv (Ireland), Phoenix Contact (Germany), and Coroplast (Germany). The study includes an in-depth competitive analysis of these key players in the market with their company profiles, recent developments, and key market strategies. Research Coverage: The study covers the EV charging cables market across segments.It aims at estimating the market size and future growth potential of this market across different segments such as application, charging level, length, shape, mode, power supply, diameter and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report: • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall EV charging cables market and its subsegments. • This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05844659/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

General Motors said Wednesday it will join a growing list of automakers focused on streamlining the EV charging process by equipping its models with "Plug and Charge" capability — aka the ability to easily plug in and automate payment at a range of different charging stations. With Plug and Charge, the charging station recognizes the vehicle as it parks, eliminating the need to pre-register or create an additional account.

Toyota Motor Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) for the global market because of a risk the wheels could come loose. The world's largest automaker by sales submitted the recall of the bZ4X SUVs to Japan's transportation ministry. Of the 2,700 vehicles, 2,200 were earmarked for Europe, 260 for the United States, 10 for Canada and 110 for Japan, the company said.

Research finds BNPL shoppers now paying off average of 4.8 purchases since cost of living began to surge

Abstract: What`s New for 2022? -Global competitiveness and key competitor percentage market shares. -Market presence across multiple geographies - Strong/Active/Niche/Trivial.New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Underwater Acoustic Communication Industry" - https://www.reportlinker.com/p05799861/?utm_source=GNW -Online interactive peer-to-peer collaborative bespoke updates -Access to our digital archives and MarketGlass Research

Global Arthritis Monoclonal Antibodies Market Global Arthritis Monoclonal Antibodies Market Dublin, June 23, 2022 (GLOBE NEWSWIRE) -- The "Arthritis Monoclonal Antibodies Global Market Report 2022: By Drug, By Application, By End-Use" report has been added to ResearchAndMarkets.com's offering. Arthritis Monoclonal Antibodies Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global arthritis monoclonal antibod

Product Overview Referral Management System is a method commonly used by health care providers in health care centers such as clinics, hospitals, etc. to keep track of patient referral data during their treatment time.New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Referral Management Market: By Type ; By Component ; By Deployment Model ; By End User ; and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 20

Edinburgh Waverley, London Euston, London Paddington and Liverpool Lime Street were among the stations with fewer passengers than a typical weekday.

European Union countries are seeking changes to a raft of climate change policies in negotiations on the laws, raising concerns that moves to weaken measures could see the EU miss its green goals. The EU is negotiating a huge overhaul of its carbon market and laws on energy, transport and forests, upgrading them to achieve a 2030 target to cut net greenhouse gas emissions by 55% from 1990 levels. Agreeing climate measures is an oft-fraught task for the EU's 27 member countries, whose reliance on fossil fuels and appetite for rapid emissions cuts varies.

The deal comes after the pandemic led to an increase in the number of self-employed borrowers and those with complex incomes.

The Global IoT Microcontroller Market size is expected to reach $9. 9 billion by 2028, rising at a market growth of 13. 0% CAGR during the forecast period. A microcontroller is a sort of processor that combines memory, CPU, and input/output peripherals into a single integrated circuit.New York, June 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global IoT Microcontroller Market Size, Share & Industry Trends Analysis Report By Type, By Application, By Regional

British performance nutrition business Grenade was launched in 2009 on a shoestring budget befoe being valued at £200m.

SoftBank chief has been lobbied to bring public offering to the UK but says Nasdaq still his ‘main preference’

Summary Medical Devices sector report, “Critical Care Ventilators Pipeline Report including Stages of Development, Segments, Region and Countries, Regulatory Path and Key Companies, 2022 Update" provides comprehensive information about the Critical Care Ventilators pipeline products with comparative analysis of the products at various stages of development and information about the clinical trials which are in progress.New York, June 24, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the re

No one chooses the mining industry for an easy lifestyle. So tough is the work that companies have long paid “FIFO” (fly-in-fly-out) workers handsomely for long stints at projects in remote locations.

Global Wheelchair Market Global Wheelchair Market Dublin, June 24, 2022 (GLOBE NEWSWIRE) -- The "Global Wheelchair Market, By Product Type (Manual Wheelchair, Powered Wheelchair), By Category (Adult, Paediatric), By Application (Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, Others), By End User, By Region, Company Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The Global Wheelchair Market was valued at USD4590.12 million in 2021 and is ex

Military aircraft engine maker MTU said on Thursday it hopes for "at least a maintenance deal" as Germany replaces its ageing Tornado fighter jet fleet with F-35 stealth bombers from Lockheed Martin. MTU, which is working with the F-35 engine supplier Pratt & Whitney, is also prepared to supply spare parts, Chief Program Officer Michael Schreyoegg told journalists at the ILA Berlin Air Show trade fair. Lockheed Martin said at the trade fair on Wednesday it could deliver the first fighter jets to Germany in 2026 depending on the outcome of talks with the German government, which had set 2025-2030 as the timeframe for the overhaul.

Britain's six-year drive to increase the number of women in senior management at financial firms is "stagnating" for the first time, a review for the finance ministry said on Thursday. The average level of female representation in senior management remained flat at 33% in 2021 compared with 2020, the review said. "I am concerned to see progress stagnating," Women in Finance Champion Amanda Blanc said.

Morale amongst Italian businesses rose in June across all the main sectors, but consumer morale tumbled during the month, data showed on Friday. ISTAT's composite business morale index, combining surveys of the manufacturing, retail, construction and services sectors, rose to 113.6 from an upwardly revised 111.0, with the services sector registering the sharpest increase.

Global Pet Hair Care Market Global Pet Hair Care Market Dublin, June 23, 2022 (GLOBE NEWSWIRE) -- The "Pet Hair Care Market - Forecasts from 2022 to 2027" report has been added to ResearchAndMarkets.com's offering. One of the prime factors driving the market growth is a surge in the pet population around the world. Pets are taken as companion animals for removing loneliness and to bring joy. People also adopt a pet for love for other living creatures and as a mark of status. Pets are popular amo

Ready Pac Bistro logo Ready Pac Bistro Bowls feature a new look and new recycle-ready packaging. Ready Pac Bistro Bowl Chicken Caesar The Ready Pac Bistro Bowl Chicken Caesar ready-to-eat salad features a double-helping of juicy, roasted chicken breast, shredded Parmesan-style cheese and creamy Caesar dressing on a fresh bed of romaine lettuce. Ready Pac Bistro Bowl Chicken & Bacon with Creamy Caesar Dressing The NEW! Ready Pac Bistro Bowl Chicken & Bacon Caesar ready-to-eat salad brings togethe