Electric Vehicle Connector Market Overview:
The electric vehicle connector is a simple solution for charging hybrid, plug-in and battery electric vehicles. The electric vehicle connector is a type of EV coupler in which a connector device is inserted into an electric vehicle inlet for the purpose of energy transfer between the source and the receiver. The electric vehicle connector shape is varying as per the power supply range such as 1.4 kW to 240 kW and above.
The increasing demand for renewable charging, increasing long distance drive by electric vehicles, growing demand for environment friendly vehicles, and the growing concern over the safety in electric vehicles are considered as the key driving factors for the growth of this market.
Electric Vehicle Connector Market Size To Expand at a Notable CAGR Of 20% During 2018 – 2023
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Key Players in Electric Vehicle Connector Market are-
The prominent players in the global Electric Vehicle Connector Market include Yazaki (Japan), Schneider Electric (France), Tesla (US), Bosch (Germany), ABB (China), Siemens AG (Germany), Fujikura (Japan), Amphenol (US), Huber+Suhner (Switzerland), and Sumitomo (Japan).
Electric Vehicle Connector Market Segmentation:
The global Electric Vehicle Connector Market is segmented on the basis of connector type, charging type, power supply range, current supply, charging station, charging speed, component, vehicle type, application, and region.
On the basis of connector type, the market has been segmented into type1, type2, type3, and others.
On the basis of power supply range, the market has been segmented into level1 (1.4 kW–1.9 kW), level2 (AC 240 V Up to 19.2 kW), level 3 (DC 200 V–600 V Up to 240 kW), and level 4 (>DC 600 V, Above 240 kW). The segmentation based on current supply charging include AC charging and DC charging.
On the basis of charging station, the market has been segmented into wall mounted and floor mounted.
On the basis of charging speed, the market has been segmented into slow, fast and rapid charger. On the basis of component, the market has been segmented into leads, adaptor, pins, wallbox, and others.
On the basis of vehicle type, the market has been segmented into battery EV, plug-in EV, and hybrid EV.
On the basis of application, the market has been segmented into residential and commercial.
Market Research Analysis:
In terms of region, the global market for the Electric Vehicle Connector is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is estimated to hold the largest market share during the forecast period owing to growing production of electric vehicles from China and Japan. Moreover, growing population and rising purchasing power of people are expected to boost the demand for electric vehicle connector market in this region. Furthermore, the growing demand for fasr charging and rising focus to reduce the vehicle emissions accelerate the growth of this market.
North America is estimated to grow at a rate in electric vehicle connector market during forecast period owing to growing electric vehicle market and the presence of key playes such as Tesla and Amphenol, from US are contributing in the growth of this market.
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
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