From Global Newswire: 2024-05-22 20:00:00

The Global EV Charging Cable Market is projected to grow from USD 1.28 Billion in 2023 to USD 6.23 Billion by 2033 at a CAGR of 17.15%. AC charging cables, coiled cables, and public charging stations are driving market growth. Asia Pacific is expected to hold the largest market share, with North America growing at the fastest pace due to increased adoption of electric vehicles and supportive government policies. Major vendors in the market include Leoni AG, Phoenix Contact GmbH, and TE Connectivity Ltd. In April 2023, Leoni AG changed its Business Group AM to Automotive Cable Solutions to highlight the significance of automotive cables within the company. Market segmentation is based on power supply, shape, and application, with regional divisions in North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Other related reports by Spherical Insights include the Global Connected Motorcycle Market, Global Motor Lamination Market, Global Ride Sharing Market, and Global Lifeboat Market.



Read more at Global Newswire: Global EV Charging Cable Market Size To Worth USD 6.23