CHICAGO, Sept. 18, 2023 /PRNewswire/ — EV Charging Cable Market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%, according to a new report by MarketsandMarkets™. The Electric Vehicle (EV) charging cable market is currently undergoing a dynamic transformation driven by the rapid proliferation of electric vehicles. As the global consciousness shifts toward eco-friendly transportation and governments worldwide incentivize electric mobility, the demand for innovative charging solutions has reached unprecedented heights. This flourishing EV market owes its robust growth to a confluence of factors, including environmental awareness, infrastructure investments, and pioneering technological advancements reshaping the charging of electric vehicles. EV Charging cable demand also increases with growing EV adoption and setup of EV charging stations.
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Browse in-depth TOC on “EV Charging Cable Market“.
160 – Tables
70 – Figures
280 – Pages
EV Charging Cable Market Scope:
Report Coverage |
Details |
Market Size |
USD 3.9 billion by 2030 |
Growth Rate |
16.7% of CAGR |
Largest Market |
Asia Pacific |
Market Dynamics |
Drivers, Restraints, Opportunities & Challenges |
Forecast Period |
2023-2030 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and… |