EV Connectors Market size was valued at US$ 56 Mn in 2022 and the total revenue is expected to grow at 18.4% through 2023 to 2029, EV Connectors Market is reaching nearly US$ 182.67 Mn by 2029.
EV Connectors Market Overview:
The market research study analyses and assesses the EV Connectors Market position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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EV Connectors Market Scope:
Using both primary and secondary research approaches, we researched the EV Connectors Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
EV Connectors Market Segmentation:
The market is divided into level 1, level 2, level 3, and level 4 depending on the charging level. In 2022, the level 3 segments are anticipated to account for the greatest market share. The power output of the charging station and the time needed to fully charge the EV determine the charging level. DC Level 3 is the most expensive to install of the three levels since it requires significant infrastructure and service changes. The most widely used EV connectors on the market for EV charging stations are Level 3 connectors. With this kind of charger, a car can be charged from 80 percent to 100 percent in around 10 minutes. The level 3 EV plugs are appropriate for quick charging and range from 200 to 450 kW with a conventional off-board charger.
The market is divided into fast charging and slow charging based on charging speed. Since they enable charging of automobiles using a 240 V AC outlet and do not necessitate the installation of home or public charging infrastructure, fast charging EV connections are the most well-liked and rapidly expanding segment of the EV Charging Connector Market. Most public and commercial electric car charging stations now offer fast charging. Some of the most well-known producers of rapid chargers include ClipperCreek, Changepoint, Juice Box, and Siemens. Rising sales of electric vehicles and interest in fast charging will increase demand for EV charging connectors in the Asia Pacific area.
1. Global EV Connector Market, by Type (2022-2029)
• CCS
• Chademo
• GB/T
• Tesla
2. Global EV Connector Market, by Charging level (2022-2029)
• Level 1
• Level 2
• Level 3
• Level 4
3. Global EV Connector Market, by Charging speed (2022-2029)
• Slow
• Fast
Global EV Connector Market, by Voltage (2022-2029)
• AC
• DC
5. Global EV Connector Market, by Application (2022-2029)
• Residential
• Commercial
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EV Connectors Market Key Players:
The report also focuses on the global main industry players in the EV Connectors Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent EV Connectors market businesses and ranks them in the market. The following players are featured in this report:
• Yazaki
• TE Connectivity
• Sumitomo
• Schneider Electric
• HUBER+SUHNER
• Tesla
• Bosch
• ITT
• Amphenol
• Siemens AG
• ABB
• Fujikura
• Robert Bosch GmbH
• ChargePoint Inc.
• WallboxOK
• DYDEN CORPORATION
• Blink Charging Co.
• Fischer Connectors SA
• Connector-Tech ALS Pty Ltd
• SemaConnect Inc.
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Regional Analysis:
The EV Connectors market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on EV Connectors Market:
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
Key Questions Answered in the EV Connectors Market Report are:
- What are some of the promising growth opportunities in the global EV Connectors market by product type and Region?
- Which EV Connectors market segments will grow the fastest, and why?
- Which regions will develop quicker?
- What are the elements influencing EV Connectors market?
- What are the EV Connectors market’s business risks?
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