EV Charging Cables Market by Power Supply Type (AC, DC), Application Type (Private Charging, Public Charging), Length (2 Meters to 5 Meters, 6 Meters to 10 Meters, Above 10 Meters), Shape , Charging Level, Region - Global Forecast to 2027

“Increasing adoption of electric vehicles and increased demand for fast charging stations are anticipated to trigger the growth of the EV charging cables market.”
The global EV charging cables market is projected to grow at a CAGR of 31.8%, to reach USD 1,808 million by 2027 from an estimated USD 198 million in 2019. Factors such as increasing adoption of electric vehicles, rapid development of electric vehicle supply equipment, and increasing demand for fast charging cables would drive the growth of the market. On the other hand, high operational cost associated with high power charging can negatively impact the market. High power charging cables require high power from the grid, which adds to the cost of production, installation, and components in a charging station.
“AC charging segment is the estimated to be the largest market during the forecast period.”
AC charging supplies a 120 volt (V), alternating-current (AC) and requires a dedicated circuit. It can fully charge a completely drained battery in 8-12 hours. AC charging is installed in residential and semi-commercial charging stations. This type of charging offers a low power output and has low installation cost. With increasing adoption of electric vehicles in developing countries, the market for AC charging segment is estimated to grow in several regions.
“Straight cable is expected to dominate the EV charging cables market.”
Straight cables are generally used when multiple charging stations are situated within a short distance. As most of the charging stations are equipped with Type 1 (J1772) connectors, straight cables are commonly used for electric vehicle charging. These cables are easy to handle and involve less manufacturing cost as compared to coiled cables. In addition, these cables spread on the ground and, hence, do not suspend weight on either side of the sockets.
“Asia Pacific is expected to be the largest market during the forecast period.”
The Asia Pacific region is estimated to be the largest market for EV charging cables. The degrading quality of air has been a key driving factor for the electric vehicle market in China. The increasing demand for electric vehicles has created opportunities for EV charging cables manufacturers to innovate and develop new products. The EV charging cables market in India is expected to grow at the highest CAGR with the increasing number of EV charging stations. Increasing adoption of electric vehicles in Japan and South Korea is expected to boost the demand for EV charging cables. All these factors are expected to drive the growth of EV charging cables market in the region.
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 – 47%, Tier II – 33%, and OEMs – 20%
‧ By Designation: C Level – 60%, Manager and Others – 40%
‧ By Region: Asia Pacific – 40%, Europe – 35%, North America – 25%
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, hardware, deployment, vehicle, 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 the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the 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.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 PRODUCT DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKETS COVERED 17
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 PACKAGE SIZE 18
1.5 LIMITATIONS 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.2 SECONDARY DATA 20
2.2.1 KEY SECONDARY SOURCES 21
2.2.2 KEY DATA FROM SECONDARY SOURCES 21
2.3 PRIMARY DATA 22
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 23
2.3.2 PRIMARY PARTICIPANTS 23
2.4 MARKET SIZE ESTIMATION 24
2.4.1 BOTTOM-UP APPROACH 24
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 25
2.6 ASSUMPTIONS 26
2.7 RISK ASSESSMENT & RANGES 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE OPPORTUNITIES IN THE EV CHARGING CABLES MARKET 31
4.2 EV CHARGING CABLES MARKET, BY REGION 32
4.3 EV CHARGING CABLES MARKET, BY POWER SUPPLY TYPE 32
4.4 EV CHARGING CABLES MARKET, BY APPLICATION 33
4.5 EV CHARGING CABLES MARKET, BY CABLE LENGTH 33
4.6 EV CHARGING CABLES MARKET, BY SHAPE 34
4.7 EV CHARGING CABLES MARKET, BY CHARGING LEVEL 34
5 INDUSTRY TRENDS 35
5.1 INTRODUCTION 35
5.2 COOLING OF HIGH POWER CHARGING (HPC) STATIONS FOR EV 35
5.3 ILLUMINATED ELECTRICAL VEHICLE CHARGING CABLE 35
5.4 VALUE CHAIN: EV CHARGING CABLES MARKET 35
5.5 PORTER’S FIVE FORCES MODEL ANALYSIS 36
6 MARKET OVERVIEW 37
6.1 INTRODUCTION 37
6.2 MARKET DYNAMICS 37
6.2.1 DRIVERS 38
6.2.1.1 Increasing adoption of electric vehicles 38
6.2.2 RESTRAINTS 40
6.2.2.1 Development of Wireless EV charging 40
6.2.2.2 High cost of DC charging cables 40
6.2.3 OPPORTUNITIES 41
6.2.3.1 Government support for development of charging stations 41
6.2.3.2 Technological advancements in EV charging cables 41
6.2.4 CHALLENGES 42
6.2.4.1 Safety issue related to charging cables 42
6.3 EV CHARGING CABLES MARKET, SCENARIOS (2018–2027) 42
6.3.1 EV CHARGING CABLES MARKET, MOST LIKELY SCENARIO 42
6.3.2 EV CHARGING CABLES MARKET, OPTIMISTIC SCENARIO 43
6.3.3 EV CHARGING CABLES MARKET, PESSIMISTIC SCENARIO 43
7 EV CHARGING CABLES MARKET, BY APPLICATION 44
7.1 INTRODUCTION 45
7.2 RESEARCH METHODOLOGY 46
7.3 ASSUMPTIONS 46
7.4 PRIVATE CHARGING 47
7.4.1 CONVENIENCE OF CHARGING & LOW COST ARE EXPECTED TO DRIVE
THE PRIVATE MARKET 47
7.5 PUBLIC CHARGING 48
7.5.1 INCREASING ADOPTION OF ELECTRIC VEHICLE IS EXPECTED TO DRIVE
THE PUBLIC CHARGING MARKET 48
7.6 MARKET LEADERS, BY APPLICATION 49
8 EV CHARGING CABLES MARKET, BY POWER SUPPLY TYPE 50
8.1 INTRODUCTION 51
8.2 RESEARCH METHODOLOGY 52
8.3 ASSUMPTIONS 52
8.4 ALTERNATE CHARGING (<=22KW) 53
8.4.1 ASIA PACIFIC IS ESTIMATED TO BE THE LARGEST MARKET FOR AC CHARGING 53
8.5 DIRECT CHARGING (>=22KW) 54
8.5.1 NORTH AMERICA IS EXPECTED TO BE THE FASTEST GROWING MARKET
FOR DC CHARGING 54
9 EV CHARGING CABLES MARKET, BY CABLE LENGTH 55
9.1 INTRODUCTION 56
9.2 RESEARCH METHODOLOGY 57
9.3 ASSUMPTIONS 57
9.4 2 METERS TO 5 METERS 57
9.4.1 EASE OF HANDLING SHORT CABLES IS EXPECTED TO DRIVE THE MARKET 58
9.5 6 METERS TO 10 METERS 58
9.5.1 CONVENIENCE OF USE WILL DRIVE THE GROWTH OF 6 METERS
TO 10 METERS 58
9.6 ABOVE 10 METERS 59
9.6.1 INCREASING NUMBER OF PRIVATE CHARGING STATIONS IS EXPECTED TO DRIVE THE MARKET 59
10 EV CHARGING CABLES MARKET, BY SHAPE 60
10.1 INTRODUCTION 61
10.2 RESEARCH METHODOLOGY 62
10.3 ASSUMPTIONS 62
10.4 STRAIGHT CABLE 62
10.4.1 ASIA PACIFIC IS ESTIMATED TO BE THE LARGEST MARKET
FOR STRAIGHT CABLES 63
10.5 COILED CABLES 63
10.5.1 HIGH DURABILITY OF COILED CABLES IS EXPECTED TO DRIVE THE MARKET 63
11 EV CHARGING CABLES MARKET, BY CHARGING LEVEL 64
11.1 INTRODUCTION 65
11.2 RESEARCH METHODOLOGY 66
11.3 ASSUMPTIONS 66
11.4 LEVEL 1 (120 V) 67
11.4.1 LOW ENERGY CONSUMPTION IS EXPECTED TO BOOST LEVEL 1 MARKET 67
11.5 LEVEL 2 (240 V) 67
11.5.1 LEVEL 2 CHARGING TO HAVE THE HIGHEST GROWTH IN EUROPE DUE TO DEVELOPED CHARGING INFRASTRUCTURE 68
11.6 LEVEL 3 (300-600V) 68
11.6.1 ASIA PACIFIC IS EXPECTED TO HAVE THE LARGEST MARKET
FOR LEVEL 3 CHARGING 68
12 EV CHARGING CABLES MARKET, BY JACKET MATERIAL 69
12.1 INTRODUCTION 69
12.2 ALL RUBBER JACKET 70
12.3 THERMOPLASTIC ELASTOMER (TPE) JACKET 70
12.4 POLYVINYL CHLORIDE (PVC) JACKET 70
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13 EV CHARGING CABLES MARKET, BY REGION 71
13.1 INTRODUCTION 72
13.2 ASIA PACIFIC 73
13.2.1 CHINA 75
13.2.1.1 Rapid development of public charging stations is expected to drive the Chinese market 75
13.2.2 INDIA 76
13.2.2.1 Active participation of OEMs is expected to drive the Indian market 76
13.2.3 JAPAN 77
13.2.3.1 Adoption of advanced technology in vehicles is expected to drive the Japanese market 77
13.2.4 SOUTH KOREA 78
13.2.4.1 Increasing adoption of electric vehicles is expected to drive the market in South Korea 78
13.3 EUROPE 79
13.3.1 FRANCE 82
13.3.1.1 Incentive policies for EV adoption to drive the French market 82
13.3.2 GERMANY 83
13.3.2.1 Increase in EV sales is expected to drive the German market 83
13.3.3 NETHERLANDS 84
13.3.3.1 Presence of a dense charging network is expected to drive the market 84
13.3.4 NORWAY 85
13.3.4.1 Rapid commercialization of EVs is expected to drive the market 85
13.3.5 SWEDEN 86
13.3.5.1 Rapid development of charging network is expected to drive
the market 86
13.3.6 UK 87
13.3.6.1 Favorable government policies are expected to drive the market 87
13.3.7 DENMARK 88
13.3.7.1 Implementation of pilot projects is expected to drive the market 88
13.3.8 AUSTRIA 89
13.3.8.1 Proactive participation of private sector is expected to drive
the market 89
13.3.9 SPAIN 90
13.3.9.1 Private ventures are expected to drive the market in Spain 90
13.3.10 SWITZERLAND 91
13.3.10.1 Proactive participation of private sector is expected to drive
the market 91
13.4 NORTH AMERICA 92
13.4.1 US 93
13.4.1.1 Strong presence of EVSE manufacturers is expected to drive
the market 93
13.4.2 CANADA 94
13.4.2.1 Favorable government regulation is expected to drive the market 94
14 COMPETITIVE LANDSCAPE 95
14.1 OVERVIEW 95
14.2 MARKET RANKING ANALYSIS 95
14.3 COMPETITIVE SCENARIO 97
14.3.1 NEW PRODUCT DEVELOPMENTS 97
14.3.2 MERGERS & ACQUISITIONS 98
14.3.3 EXPANSIONS 99
14.4 COMPETITIVE LEADERSHIP MAPPING 99
14.4.1 VISIONARY LEADERS 99
14.4.2 INNOVATORS 99
14.4.3 DYNAMIC DIFFERENTIATORS 100
14.4.4 EMERGING COMPANIES 100
14.5 STRENGTH OF PRODUCT PORTFOLIO 101
14.6 BUSINESS STRATEGY EXCELLENCE 102
14.7 WINNERS VS. TAIL-ENDERS 103
15 COMPANY PROFILES 104
(Business overview, Recent developments, SWOT analysis & MnM View)*
15.1 LEONI AG 104
15.2 APTIV PLC. 108
15.3 BESEN INTERNATIONAL GROUP 111
15.4 DYDEN CORPORATION 113
15.5 TE CONNECTIVITY 115
15.6 BRUGG GROUP 117
15.7 SINBON ELECTRONICS 118
15.8 COROPLAST 120
15.9 PHOENIX CONTACT 121
15.10 EV TEISON 122
15.11 SYSTEMS WIRE AND CABLE 123
15.12 GENERAL CABLE TECHNOLOGIES CORPORATION 124
*Details on Business overview, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.
15.13 OTHER KEY PLAYERS 125
15.13.1 EUROPE 125
15.13.1.1 Eland Cables 125
15.13.1.2 EV Cables Ltd 125
15.13.2 ASIA PACIFIC 125
15.13.2.1 Manlon Polymers 125
15.13.2.2 Chengdu Khons Technology Co., Ltd. 125
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16 APPENDIX 126
16.1 CURRENCY 126
16.2 DISCUSSION GUIDE 127
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 129
16.4 AVAILABLE CUSTOMIZATIONS 131
16.5 RELATED REPORTS 131
16.6 AUTHOR DETAILS 132