EV Charging Cables Market Size Worth USD 6.94 Billion by 2034 | CAGR: 16.6%

EV Charging Cables Market Size Worth USD 6.94 Billion by 2034 | CAGR: 16.6%


The EV charging cables market size is expected to reach USD 6.94 billion by 2034, according to a new study by Polaris Market Research. The report “EV Charging Cables  Market Size, Share, Trends, Industry Analysis Report: By Charging Level (Level1, Level2, and Level3), Cable Length, Application, Power Supply, Mode, Shape, Cable Type, Jacket Material, Connector Type, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

EV charging cables are cables used for the transfer of power from the source to electric vehicles. EV charging cables are widely used in electric chargers, EV cars, and electric power stations, which is a key factor driving market growth. In addition, the surge in fuel prices is increasing demand for electric vehicles and driving the electric charging cables market. Further, the rising environmental issues are driving demand for electric vehicles,  significantly boosting market revenue.

Governments around the world is making significant investments in developing electric charging infrastructure, which is driving the market growth. Additionally, funds are being allocated to the development of electric charging stations across various regions, thereby encouraging individuals to opt for electric vehicles. Furthermore, the decreased cost of batteries, low maintenance, and other factors are contributing to the growth of the EV charging cable market.

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The EV charging cable market is being fueled by technological advancements as manufacturers incorporate technology to improve charging efficiency. Innovations such as CHADEMO in electric charging cables provide rapid charging, making them ideal for large businesses. The integration of mobile apps, software, and advanced features allows consumers to set charging time that helps reduce the risk of overheating of electric charging wires, thereby contributing to market revenue growth.

EV Charging Cables Market Report Highlights

  • By charging level analysis, the Level 1 charging segment dominated the market due to its cost-effectiveness, widespread availability, and lower heat generation, making it suitable for diverse applications across multiple sectors.
  • By application insights, the private EV charging segment held the largest market share in 2024 due to the increasing adoption of electric vehicles and the availability of private charging spaces in residential and housing apartments.
  • Asia Pacific dominated the EV charging cables market due to the growing electric vehicles industry. The surge in the number of EV cars is further driving market growth.
  • The key market players are ABB Ltd; Aptiv; BESEN International Group; Charge Point; Dyden Corporation; EVBox; EV Connect; Exicom Tele Systems; Fortum; Leoni AG; Schneider Electric; Shell Recharge; Siemens Industry Inc.; TE Connectivity; and Tesla.

Polaris Market Research has segmented the EV charging cable market report based on charging level, cable length, application, power supply, mode, shape, cable type, jacket material, connector type, and region

By Charging Level Outlook (Revenue – USD Billion, 2020–2034)

  • Level 1
  • Level 2
  • Level 3

By Cable Length Outlook (Revenue – USD Billion, 2020–2034)

  • Upto 5 meters
  • 6 to 10 meters
  • Above 10 meters

By Application Outlook (Revenue – USD Billion, 2020–2034)

  • Public
  • Private

By Power Supply Outlook (Revenue – USD Billion, 2020–2034)

  • Alternate
  • Direct

By Mode Outlook (Revenue – USD Billion, 2020–2034)

  • Mode 1 & 2
  • Mode 3
  • Mode 4

By Shape Outlook (Revenue – USD Billion, 2020–2034)

  • Straight
  • Coiled

By Cable Type Outlook (Revenue – USD Billion, 2020–2034)

  • Normal Charging Cable
  • High Power Charging Cable
  • Liquid Cooled High Power Charging Cable

By Jacket Material Outlook (Revenue – USD Billion, 2020–2034)

  • All Rubber
  • Thermoplastic Elastomer ( TPE)
  • Polyvinyl Chloride(PVC)

By Connector Type Outlook (Revenue – USD Billion, 2020–2034)

  • Type 1
  • Type 2
  • CCS 2
  • CHADEMO
  • GB/T
  • NACS/Tesla

By Regional Outlook (Revenue – USD Billion, 2020–2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Argentina
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa
    • Rest of the Middle East & Africa

EV Charging Cables Market Report Scope

Report Attributes

Details

Market Size Value in 2024

USD 1.50 billion

Market Size Value in 2025

USD 1.74 billion

Revenue Forecast in 2034

USD 6.94 billion

CAGR

16.6% from 2025 to 2034

Base Year

2024

Historical Data

2020–2023

Forecast Period

2025–2034

Quantitative Units

Revenue in USD billion and CAGR from 2025 to 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends

Segments Covered

  • By Charging Level
  • By Cable Length
  • By Application
  • By Power Supply
  • By Mode
  • By Shape
  • By Cable Type
  • By Jacket Material
  • By Connector Type

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • EV Charging Cables Industry Trends Analysis (2024)
  • Company profiles/industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

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