EV Charging Cables Market 2020 Share, Trend, Segmentation and Forecast to 2030 - LEONI AG/ADR, TE Connectivity

EV charging cables are the chargers for electric vehicles that allow charging from any standard electric socket. These cables come in different lengths and can hold single or three-phase electricity. Today, these charging cables are available in superior quality, supporting robust charging with unique designs characteristics in wide range of colors. They are pocket-friendly and offer safe and reliable charging to the electric vehicles. Generally, EV charging cables come with electric vehicles, but separate charging cables are required when there is a need to charge vehicles from charge-point that does not support attached cable. This is required while using AC charging points on home chargers or public networks with universal sockets.

The COVID-19 outbreak has had significant impact on the automotive industry. The impact is also seen on the manufacturing processes of essential automotive components including their delivery and supply to the manufacturers. Chargers are vital components for electric chargers and are supplied with the purchase of electric vehicles. Along with the growing demand for electric vehicles, the charging cables are also manufactured. This demand is today disturbed due to the COVID-19 pandemic. Nevertheless, the demand for chargers is expected to boost post-pandemic as the demand for electric vehicles is anticipated to stabilize due to the efforts made by manufacturers. Producers of essential components as well as electric car manufacturers are contacting with business associates via video conferencing and other sources in order to bring modernizations in such components and attach larger customers.

Some of the prominent players in the EV charging cables market include:
LEONI AG/ADR, TE Connectivity, BESEN-Group, DYDEN CORPORATION, Coroplast Fritz Mller GmbH & Co. KG, PHOENIX CONTACT, and BRUGG eConnect, among others.

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