Charging guns connect the vehicles' charging devices to their rechargeable batteries. While the control box houses the core technology, the charging gun is in charge of ensuring consistency between the device and chargers as well as the overall safety of the circuitry. The increased reliance on biofuels has resulted in increased levels of air pollution, and as a result, the prevalence of various respiratory and other diseases among the global population is increasing.
The EV industry is foreseeing an incredible growth in the developed and developing regions around the globe. The higher dependence on the biofuels has resulted in increased levels of air pollution and as a consequence, the prevalence of various respiratory and other diseases is surging among the global population. To curb the carbon footprint and shift towards the clean and green energy are the major factors that are expected to drive the growth of the global EV charger market.
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Key Industry Players in the Electric Vehicle Charging Gun Market:
- · ABB Ltd.
- · Robert Bosch GmbH
- · Siemens AG
- · Delphi Automotive
- · Chroma ATE
- · Aerovironment Inc.
- · Silicon Laboratories
- · Chargemaster PLC
- · Schaffner Holdings AG
- · POD Point and other major key players.
The Electric Vehicle Charging Gun Market is segmented into vehicle type, charging type, end user, and region. By vehicle type, it is divided into battery electric vehicles (BEV), plug-in electric vehicles (PHEV), and hybrid electric vehicles (HEV). By charging type, it is bifurcated into on-board chargers and off-board chargers. The end user segment includes residential and commercial EV chargers. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Segmentation Analysis Includes,
By Charging Type:
- · On-board Charger
- · Off-board Charger
By Vehicle Type:
· Plug-in Hybrid Vehicle (PHEV)
· Battery Electric Vehicle (BEV)
· Hybrid Electric Vehicle (HEV)
By End Users:
- · Residential
- · Commercial
By Region:
- · North America (U.S., Canada, Mexico)
- · Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- · Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- · Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- · South America (Brazil, Argentina, Rest of SA)
The availability of public EV charging plays an important role to purchase electric vehicles across the globe. Public charging and access to fast charging are viewed as key criteria when buying an electric vehicle. This is anticipated to bolster revenue growth for the public charging segment. The Asia Pacific region continues to install public chargers at a significant rate due to the rising number of EV users, especially in China, India, and South Korea. These countries have implemented policies to increase the usage of EVs by providing subsidies and reduced taxes.
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Key Benefits:
- · This study comprises analytical depiction of the electric vehicle charger market trends with current trends and future estimations to depict the imminent investment pockets.
- · The overall potential is determined to understand the profitable trends to gain a stronger foot hold.
- · The electric vehicle charging gun market analyse is report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- · The current growth and electric vehicle charger market forecast is quantitatively analysed from 2019 to 2027 to benchmark the financial competency.
- · Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the electric vehicle charger market share.
- · The study also comprises the electric vehicle charger market opportunity which help key players in decision making.
The COVID-19 pandemic had a moderate impact on the EV charging business in early 2020 due to lockdowns. Due to the growing demand for EVs and related markets during the pandemic owing to incentives from governments around the world, the demand for EV charging stations increased in 2021.
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