Electric Vehicle Charging Cables Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Electric Vehicle Charging Cables Market is segmented By Power Supply (AC charging, DC charging), By Charging Level (Level 2, Level 1, Level 3), By Len....

Electric Vehicle Charging Cables Market Size

Market Size in USD

CAGR28.88%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR28.88%
Market ConcentrationHigh
Major PlayersTesla Inc., Phoenix Contact, Dyden Corporation, TE Connectivity, Coroplast Inc.
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Electric Vehicle Charging Cables Market Analysis

The electric vehicle charging cables market is estimated to be valued at USD 2.46 Bn in 2024 and is expected to reach USD 14.53 Bn by 2031, growing at a compound annual growth rate (CAGR) of 28.88% from 2024 to 2031. The increasing adoption of electric vehicles across the globe is driving the need for effective and efficient charging solutions, boosting the growth of the electric vehicle charging cables market.