Global Wire and Cable for Electric Vehicle Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Wire and Cable for Electric Vehicle market size was valued at USD 254 million in 2023 and is forecast to a readjusted size of USD 808.9 million by 2030 with a CAGR of 18.0% during review period.
Wire and cable for electric vehicles refer to the specialized electrical components used in the construction and operation of electric vehicles (EVs). These wires and cables play a critical role in transmitting electrical power and signals throughout the vehicle, connecting various components of the electric propulsion system, charging infrastructure, and onboard electronics. The design and materials used in these wires and cables are tailored to meet the specific requirements of electric vehicles, considering factors such as high voltage, temperature, and electromagnetic interference.
Increasing Demand with EV Adoption: As the adoption of electric vehicles continues to grow globally, there is an increasing demand for specialized wires and cables to support the expanding EV market.
High-Voltage Systems: With the trend towards higher voltage electric propulsion systems in EVs, there's a need for wires and cables that can handle elevated voltage levels safely and efficiently.
Thermal Performance: There is a focus on developing wires and cables with enhanced thermal performance to handle the heat generated in electric propulsion systems while maintaining reliability.
Charging Infrastructure Compatibility: The growth of the electric vehicle market is also driving developments in charging infrastructure. Wires and cables designed for EV charging need to meet safety standards and be compatible with various charging protocols.
Advanced Materials and Technologies: Ongoing research and development efforts are likely to bring about innovations in materials and technologies used in wires and cables for electric vehicles, aiming for improved performance and durability.
The Global Info Research report includes an overview of the development of the Wire and Cable for Electric Vehicle industry chain, the market status of Charging (Copper Core, Aluminum Core), Body (Copper Core, Aluminum Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Wire and Cable for Electric Vehicle.
Regionally, the report analyzes the Wire and Cable for Electric Vehicle markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Wire and Cable for Electric Vehicle market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Wire and Cable for Electric Vehicle market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Wire and Cable for Electric Vehicle industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Copper Core, Aluminum Core).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Wire and Cable for Electric Vehicle market.
Regional Analysis: The report involves examining the Wire and Cable for Electric Vehicle market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Wire and Cable for Electric Vehicle market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Wire and Cable for Electric Vehicle:
Company Analysis: Report covers individual Wire and Cable for Electric Vehicle manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Wire and Cable for Electric Vehicle This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Charging, Body).
Technology Analysis: Report covers specific technologies relevant to Wire and Cable for Electric Vehicle. It assesses the current state, advancements, and potential future developments in Wire and Cable for Electric Vehicle areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Wire and Cable for Electric Vehicle market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Wire and Cable for Electric Vehicle market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Copper Core
Aluminum Core
Others
Market segment by Application
Charging
Body
Chassis
HVAC
Others
Major players covered
Yazaki Corporation
Sumitomo Electric
Aptiv
Leoni
Lear Corporation
Furukawa Electric
Dräxlmaier
Kromberg & Schubert
Coficab
Kyungshin
Yura Corporation
Fujikura
Motherson Group
TE Connectivity
Brugg Group
Coroplast
Phoenix Contact
OMG EV Cable
EV Teison
Shuangfei Auto Electric Appliances
Huguang Auto Harness
JinTing Automobile Harness
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wire and Cable for Electric Vehicle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wire and Cable for Electric Vehicle, with price, sales, revenue and global market share of Wire and Cable for Electric Vehicle from 2019 to 2024.
Chapter 3, the Wire and Cable for Electric Vehicle competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wire and Cable for Electric Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Wire and Cable for Electric Vehicle market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wire and Cable for Electric Vehicle.
Chapter 14 and 15, to describe Wire and Cable for Electric Vehicle sales channel, distributors, customers, research findings and conclusion.