Global EV charging adapter market 2020-2024
Technavio has been monitoring the EV charging adapter market and it is poised to grow by $ 4928.40 million during 2020-2024 progressing at a CAGR of 39% during the forecast period. Our reports on EV charging adapter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased investments in developing charging infrastructure by governments and OEMs, growing sales of PEVs in China, Japan, the US, and other countries, and rising demand for rapid charging units to combat range issues. In addition, Increased investments in developing charging infrastructure by governments and OEMs is anticipated to boost the growth of the market as well.
The EV charging adapter market analysis includes types of charger segment and geographical landscapes
Technavio's EV charging adapter market is segmented as below:
By Type of Charger
By Geographic Landscapes
- North America
- South America
This study identifies the focus on reducing charging time as one of the prime reasons driving the EV charging adapter market growth during the next few years. Also, diversity in the dc fast charger adapter standards, and increasing investment in EV charging stations powered by renewable sources will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our EV charging adapter market covers the following areas:
- EV charging adapter market sizing
- EV charging adapter market forecast
- EV charging adapter market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading EV charging adapter market vendors that include ABB Ltd., AddÃ‰nergie Technologies Inc., AeroVironment Inc., Aptiv Plc, ChargePoint Inc., Eaton Corporation Plc, EFACEC Power Solutions SGPS SA, Leviton Manufacturing Co. Inc., Robert Bosch GmbH, and Webasto SE. Also, the EV charging adapter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.