EV charging connector market in Europe to grow by $ 22.02 mn during 2020-2024

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The electric vehicle (EV) charging connector market in Europe is poised to grow by $ 22.02 mn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period says the report of Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. ABB Ltd., Lumberg Holding GmbH & Co. KG, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE, and Yazaki Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing adoption of EVs has been instrumental in driving the growth of the market.

Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024 : Segmentation

Electric Vehicle (EV) Charging Connector Market in Europe is segmented as below:

  • Charging Speed
    • Slow Charging
    • Fast Charging
    • Rapid Charging
  • Geographic Landscape
    • France
    • Germany
    • Norway
    • The UK
    • Rest Of Europe

Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024 : Vendor Analysis

A detailed analysis of around 25 vendors operating in the electric vehicle (EV) charging connector market in Europe, including some of the vendors such as ABB Ltd., Lumberg Holding GmbH & Co. KG, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE, and Yazaki Corp. Backed with competitive intelligence and benchmarking, our research reports on the electric vehicle (EV) charging connector market in Europe are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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