EV Charging Cables Market Scope and Analysis Report by 2028
EV Charging Cables Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 513.36 Million |
Market Size by 2028 | US$ 3,551.78 Million |
Global CAGR (2022 - 2028) | 38.0% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The EV charging cables market players are majorly adopting the strategy of market initiatives, which involves the expansion of footprint across the world and meeting the surge in customer demand. The market players are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.
- In February 2022, the US Department of Transportation announced its plans to provide US$ 5 billion dollars to the US states over a plan of the next 5 years for the establishment of electric vehicle charging infrastructure along the US interstate highway system.