EV Charging Connectors Market

Global EV Charging Connectors Market is valued at USD 39.96 Million in 2021 and is expected to reach USD 156.84 Million by 2028 with a CAGR of 18.64% over the forecast period.

Scope of Global EV Charging Connectors Market

EV Charging Connectors are the connecting socket that is used to charge the electric vehicle at the charging station. Its function is similar to that phone charger but it is designed to conduct high power. The connector can be found in different shapes & sizes depending on the charging facility or type i.e. fast/slow or power carrying capacity i.e. 7kW/22Kw etc. It is used to charge electric vehicles i.e. cars, bikes, etc in an efficient, fast, and reliable way. The charging connectors are different based on region, depending upon the manufacturer or regional manufacturing standards i.e. European standard, American standard, Tesla connector and etc. The manufacturing of connectors requires maintaining high product quality for the safety of users, EV, and infrastructure. EV manufacturer like Tesla, BMW, Audi has been leading the way for the market to a pot of electric vehicle. There are several types of connectors based on technological changes done in the past. There are many economies that are trying to shift to 100% electrical vehicles in some years like Britain.

During Covid-19 Pandemic, the consumer’s purchasing power has been reduced. The social distancing & reduced EV sales in lockdown resulted in negative effect on the EV charging connectors market. The situation of EV market after lockdown is reaching to pre-covid-19 level and expected to grow in coming few years. 

Global EV charging connectors market report is segmented on the basis of the level of charging type, voltage type, charging speed, component, application type, and region & country level. Based upon the level of charging type, the global EV charging connectors market is classified into level 1, level 2, level 3, and level 4. Based upon voltage type, the global EV charging connectors market is divided into AC charging and DC charging. Based upon charging speed type, the global EV charging connectors market is divided into slow, fast, rapid, and ultra-rapid. Based upon components, the global EV charging connectors market is divided into leads, adapters, wall boxes, portable chargers, pins, and delta AC mini plus. Based upon application type, the global EV charging connectors market is divided into residential and commercial.

The regions covered in the global EV charging connector market report are North America, Europe, Asia-Pacific, Latin America, and the Rest of the World. On the basis of country level, the market of global EV charging connectors is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (UAE, Egypt, Saudi Arabia) GCC, Africa, etc.

Key Players for Global EV Charging Connectors Market

Some of the key players for global EV charging connector market are 

• Schneider Electric
• Yazaki
• Bosch
• Tesla
• Siemens AG
• ABB
• Amphenol
• Fujikura
• Sumitomo
• AeroVironment
• BP Chargemaster
• ChargePoint
• ClipperCreek
• Eaton Corp
• General Electric Company
• Leviton Manufacturing Co.
• SemaConnect
• Webasto SE
• others.

Global EV Charging Connectors Segmentation

By Level of Charging

• Level 1
• Level 2
• Level 3
• Level 4

By Voltage Type

• Ac charging
• Dc charging

By Charging Speed

• Slow
• Fast
• Rapid
• Ultra-rapid

By Component

• Leads
• Adapters
• Wallbox
• Portable Chargers
• Pins
• Delta AC Mini Plus

By Application

• Residential
• Commercial

News

EV Charging Groups are Focusing on the UK’s Ban on Sales of Diesel & Petrol Car by 2030.

On January 18^th, 2021; The UK government is focusing to ban the sale of petrol and diesel car by 2030 which has led the increased demand of EV. 1 in 10 car in 2020 with 6.6% battery-electric car and 4.1% hybrid car plug in to charge. The infrastructure demand has increased & companies like Ecotricity, Ubitricity and Pod Point rolling out the public chargers. Greater London has max 9400 connectors in comparison to 500 in Northern Ireland. The requirement for long distance drivers rapid charging and to individuals who can’t pay for connector installed at home and don’t have off street parking.

Increasing Demand for Electric Vehicles due to Environmental Regulations is One of the Major Factors Anticipated to Drive the Market Growth

The increasing demand of EVs is one of the major factors driving the growth of the global EV charging connectors market. The exhaust gases of car contain carbon monoxide, sulfur dioxide, nitrogen oxides, etc which are harmful and result in health issues, global warming and etc. EV reduces the exhaust gases to a minimal level. In addition, the over-dependence on fossil fuel for petroleum, coal, etc. results in depletion & extinction of natural resources. In addition, supportive government policies to encourage the adoption of EVs are also supplementing the market growth. The major restraint for global EV charging connector market is the lack of infrastructure for electric vehicles in developing economies. In addition, the EV is different from diesel & petrol vehicles, so the individual should be technically sound or emergency support should be available. In spite of that, increasing awareness regarding the benefits of using EVs may also create more opportunities for the further growth of the market.

Asia Pacific is Anticipated to Capture the Significant Share in the Global EV Charging Connectors Market.

The global EV charging connectors market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. The Asia Pacific is expected to grow at a fast pace due to its large population & some technically advanced economies like China which has highest EV in world. The region has developing infrastructure & hence leads significant opportunity to grow.

Europe is expected to capture a significant share in the global EV charging connectors market within the forecast period due to supportive government policies to limit the use of diesel and petrol vehicle which will lead to increase the demand for EV. In addition, the region is well connected with rail link for travelling which reduced use of EV for long-distance. The UK’s ban on sale of diesel & petrol car, France leading in clean energy will also help the market to grow in this region.

Regions and Country

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

  Report Coverage

Report Analysis	Details
Historical data	2015 - 2021
Forecast Period	2021 - 2028
Market Size in 2021:	USD 39.96 Million
Base year considered	2021
Forecast Period CAGR %:	18.64%
Market Size Expected in 2028:	USD 156.84 Million
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	Schneider Electric, Yazaki, Bosch, Tesla, Siemens AG, ABB, Amphenol, Fujikura, Sumitomo, AeroVironment, Inc., BP Chargemaster, ChargePoint, ClipperCreek, Eaton Corp., General Electric Company, Leviton Manufacturing Co., SemaConnect, Inc., Webasto SE, and others
Segments Covered	By Component, By Charging speed, By Application, By Voltage Type, By Level of charging
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa