EV Charging Cable Market
Market Overview:
The Global EV Charging Cable Market is estimated to reach at a Significant CAGR during the forecast period (2024-2031).
EV Charging Cable Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The EV Charging Cable Market covers the production, distribution, and innovation of cables designed for charging electric vehicles. These cables support various charging modes, power capacities, and connector types, ensuring efficient energy transfer, safety, and compatibility with global standards. Growth is driven by EV adoption, infrastructure expansion, and technological advancements in fast and wireless charging solutions.
Industry News of USA and Japan:
1. United States – EVgo Tightens Rules on Charging Accessories
EVgo, a major U.S. fast-charging network, has updated its terms of service (effective March 8, 2025) to explicitly prohibit the use of high-speed DC extension cables and breakaway adapters at its stations. Only adapters manufactured by automakers and certified under UL2252 are permitted. This change could significantly impact third-party accessory makers, such as A2Z EV and EVject, who develop innovative charging solutions especially since Tesla enforces similar restrictions on its Supercharger network.
2. Japan – Market Soars with Technological and Regulatory Momentum
According to a January 29, 2025 report by IMARC Group, Japan’s EV charging cables market valued at USD 72.3 million in 2024 is projected to surge to USD 343.4 million by 2033, registering a compound annual growth rate (CAGR) of 18.9% between 2025 and 2033. This robust expansion is fueled by supportive government policies promoting carbon neutrality, fast-charging network build-outs, elevated DC voltage thresholds, and smart, IoT-integrated cable innovations.
Key Players:
LEONI AG
T.E. Connectivity
Aptiv
Coroplast
BESEN Group
Burgg Group
Dyden Corporation
EV Teison
General Cable Technologies Corporation
Chengdu Khons Technology Co. Ltd.
Growth Forecast Projected:
The Global EV Charging Cable Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global EV Charging Cable Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Market Segmentation:
By Charging cable Type: A.C. Supply, D.C. Supply.
By Cable Length: Below 5m, Between 5m to 10m, Above 10m.
By Charging Level: Level 1, Level 2, Level 3.
By End-User: Household/Domestic, Commercial.
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the EV Charging Cable market?
➠ Who are the leading manufacturers in the global EV Charging Cable industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global EV Charging Cable industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the EV Charging Cable market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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