Market Overview Of The Electric Vehicle Hv Cables Market
The Global Electric Vehicle HV Cables Market size is expected to grow from USD 7.34 billion in 2022 to USD 26.12 billion by 2030, at a CAGR of 17.2% during the forecast period (2023-2030).
The high-voltage electrical system of electric vehicles is primarily in charge of providing electricity for driving, starting, charging and discharging, and air conditioning. It primarily consists of the battery system, powertrain, charging system, high-voltage electronic control system, high-voltage equipment, and its wiring harness system. High-voltage lines are used in electric vehicles to transmit power between the charging port and the battery, the battery's interior, the battery and the engine, and other parts, as well as the battery energy storage equipment and other domains.
Electric vehicle high-voltage cables must meet extremely high-performance standards due to the challenging application environment in the vehicle. Low smoke, halogen-free flame retardant, high current and high voltage, high and low temperature environment, poor heat dissipation, bad driving environment with salt spray and electromagnetic field, oil pollution and chemicals, and small wiring space are some of the application characteristics of cables for electric vehicles. Additionally, the market for EV charging cords is being impacted by the current situation. The recovery from the epidemic is projected to have a positive impact on demand. The consequent increase in electric vehicle production will need for more extensive charging infrastructure, which is projected to positively impact the demand for EV charging cables in the upcoming years.
Market Dynamics And Factors Of The Electric Vehicle HV Cables Market
Drivers:
- Increased Sales of Electric Vehicles
Restraints:
- High Initial Cost of Electric Vehicles
Opportunities:
- Demand for Quick Speed Charging
Challenges:
- High Cost of EV Charging Cables
Key Industry Developments In The Electric Vehicle HV Cables Market
In July 2021, Nexans declared a cable manufacturing facility in Tianjin, China. The new plant covers a 3,000-meter square to produce a large range of cable products and solutions.
In November 2020, Huber + Suhner introduced its new flexible and robust Radox Screened Flex high voltage battery cable range for electric vehicles by combining Radox technology with a new type of semiconductor.
COVID-19 Impact On The Electric Vehicle HV Cables Market
It is not anticipated that the extraction of commodities like steel, copper, and aluminium will be impacted by the COVID-19 pandemic epidemic. Major extractors in China continued to harvest raw materials despite trade restrictions throughout the first half of 2020. Copper, for example, will reach USD 10,000 per ton for the first time in ten years in May 2021 as the price of raw materials continues to grow. The global automotive sector has been severely impacted by the COVID-19 pandemic. This can be seen in the supply chain disruptions caused by China's exports of parts, the widespread manufacturing disruptions in Europe, and the closure of assembly facilities in the US and other big nations like India and Brazil, where the automobile industry has a significant economic impact.
Key Players For The Electric Vehicle HV Cables Market
- Sumitomo Electric Industries., Ltd
- Prysmian Group
- Huber + Suhner
- Aptiv
- Nexans
- ACOME
- JYFT
- Qingdao Cable
- LEONI
- Coroflex
- Champlain Cable
- OMG
- Tition and Other Major Players.
Global Electric Vehicle HV Cables Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 7.34 Bn. |
Forecast Period 2023-30 CAGR: |
17.2% |
Market Size in 2030: |
USD 26.12 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Electric Vehicle HV Cables Market by Type
5.1 Electric Vehicle HV Cables Market Overview Snapshot and Growth Engine
5.2 Electric Vehicle HV Cables Market Overview
5.3 Shielded Cables
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Shielded Cables: Geographic Segmentation
5.4 Unshielded Cables
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Unshielded Cables: Geographic Segmentation
Chapter 6: Electric Vehicle HV Cables Market by Application
6.1 Electric Vehicle HV Cables Market Overview Snapshot and Growth Engine
6.2 Electric Vehicle HV Cables Market Overview
6.3 Private charging
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Private charging: Geographic Segmentation
6.4 Public charging
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Public charging: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Electric Vehicle HV Cables Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Electric Vehicle HV Cables Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Electric Vehicle HV Cables Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 SUMITOMO ELECTRIC INDUSTRIES LTD
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 PRYSMIAN GROUP
7.4 HUBER + SUHNER
7.5 APTIV
7.6 NEXANS
7.7 ACOME
7.8 JYFT
7.9 QINGDAO CABLE
7.10 LEONI
7.11 COROFLEX
7.12 CHAMPLAIN CABLE
7.13 OMG
7.14 TITION
7.15 OTHER MAJOR PLAYERS
Chapter 8: Global Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Shielded Cables
8.2.2 Unshielded Cables
8.3 Historic and Forecasted Market Size By Application
8.3.1 Private charging
8.3.2 Public charging
Chapter 9: North America Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Shielded Cables
9.4.2 Unshielded Cables
9.5 Historic and Forecasted Market Size By Application
9.5.1 Private charging
9.5.2 Public charging
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Shielded Cables
10.4.2 Unshielded Cables
10.5 Historic and Forecasted Market Size By Application
10.5.1 Private charging
10.5.2 Public charging
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Shielded Cables
11.4.2 Unshielded Cables
11.5 Historic and Forecasted Market Size By Application
11.5.1 Private charging
11.5.2 Public charging
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Shielded Cables
12.4.2 Unshielded Cables
12.5 Historic and Forecasted Market Size By Application
12.5.1 Private charging
12.5.2 Public charging
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Electric Vehicle HV Cables Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Shielded Cables
13.4.2 Unshielded Cables
13.5 Historic and Forecasted Market Size By Application
13.5.1 Private charging
13.5.2 Public charging
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Electric Vehicle HV Cables Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2022 |
Market Size in 2022: |
USD 7.34 Bn. |
Forecast Period 2023-30 CAGR: |
17.2% |
Market Size in 2030: |
USD 26.12 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
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||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VEHICLE HV CABLES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VEHICLE HV CABLES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VEHICLE HV CABLES MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VEHICLE HV CABLES MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VEHICLE HV CABLES MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VEHICLE HV CABLES MARKET BY TYPE
TABLE 008. SHIELDED CABLES MARKET OVERVIEW (2016-2028)
TABLE 009. UNSHIELDED CABLES MARKET OVERVIEW (2016-2028)
TABLE 010. ELECTRIC VEHICLE HV CABLES MARKET BY APPLICATION
TABLE 011. PRIVATE CHARGING MARKET OVERVIEW (2016-2028)
TABLE 012. PUBLIC CHARGING MARKET OVERVIEW (2016-2028)
TABLE 013. NORTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET, BY TYPE (2016-2028)
TABLE 014. NORTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET, BY APPLICATION (2016-2028)
TABLE 015. N ELECTRIC VEHICLE HV CABLES MARKET, BY COUNTRY (2016-2028)
TABLE 016. EUROPE ELECTRIC VEHICLE HV CABLES MARKET, BY TYPE (2016-2028)
TABLE 017. EUROPE ELECTRIC VEHICLE HV CABLES MARKET, BY APPLICATION (2016-2028)
TABLE 018. ELECTRIC VEHICLE HV CABLES MARKET, BY COUNTRY (2016-2028)
TABLE 019. ASIA PACIFIC ELECTRIC VEHICLE HV CABLES MARKET, BY TYPE (2016-2028)
TABLE 020. ASIA PACIFIC ELECTRIC VEHICLE HV CABLES MARKET, BY APPLICATION (2016-2028)
TABLE 021. ELECTRIC VEHICLE HV CABLES MARKET, BY COUNTRY (2016-2028)
TABLE 022. MIDDLE EAST & AFRICA ELECTRIC VEHICLE HV CABLES MARKET, BY TYPE (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA ELECTRIC VEHICLE HV CABLES MARKET, BY APPLICATION (2016-2028)
TABLE 024. ELECTRIC VEHICLE HV CABLES MARKET, BY COUNTRY (2016-2028)
TABLE 025. SOUTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET, BY TYPE (2016-2028)
TABLE 026. SOUTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET, BY APPLICATION (2016-2028)
TABLE 027. ELECTRIC VEHICLE HV CABLES MARKET, BY COUNTRY (2016-2028)
TABLE 028. SUMITOMO ELECTRIC INDUSTRIES LTD: SNAPSHOT
TABLE 029. SUMITOMO ELECTRIC INDUSTRIES LTD: BUSINESS PERFORMANCE
TABLE 030. SUMITOMO ELECTRIC INDUSTRIES LTD: PRODUCT PORTFOLIO
TABLE 031. SUMITOMO ELECTRIC INDUSTRIES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 031. PRYSMIAN GROUP: SNAPSHOT
TABLE 032. PRYSMIAN GROUP: BUSINESS PERFORMANCE
TABLE 033. PRYSMIAN GROUP: PRODUCT PORTFOLIO
TABLE 034. PRYSMIAN GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. HUBER + SUHNER: SNAPSHOT
TABLE 035. HUBER + SUHNER: BUSINESS PERFORMANCE
TABLE 036. HUBER + SUHNER: PRODUCT PORTFOLIO
TABLE 037. HUBER + SUHNER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. APTIV: SNAPSHOT
TABLE 038. APTIV: BUSINESS PERFORMANCE
TABLE 039. APTIV: PRODUCT PORTFOLIO
TABLE 040. APTIV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. NEXANS: SNAPSHOT
TABLE 041. NEXANS: BUSINESS PERFORMANCE
TABLE 042. NEXANS: PRODUCT PORTFOLIO
TABLE 043. NEXANS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ACOME: SNAPSHOT
TABLE 044. ACOME: BUSINESS PERFORMANCE
TABLE 045. ACOME: PRODUCT PORTFOLIO
TABLE 046. ACOME: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. JYFT: SNAPSHOT
TABLE 047. JYFT: BUSINESS PERFORMANCE
TABLE 048. JYFT: PRODUCT PORTFOLIO
TABLE 049. JYFT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. QINGDAO CABLE: SNAPSHOT
TABLE 050. QINGDAO CABLE: BUSINESS PERFORMANCE
TABLE 051. QINGDAO CABLE: PRODUCT PORTFOLIO
TABLE 052. QINGDAO CABLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. LEONI: SNAPSHOT
TABLE 053. LEONI: BUSINESS PERFORMANCE
TABLE 054. LEONI: PRODUCT PORTFOLIO
TABLE 055. LEONI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. COROFLEX: SNAPSHOT
TABLE 056. COROFLEX: BUSINESS PERFORMANCE
TABLE 057. COROFLEX: PRODUCT PORTFOLIO
TABLE 058. COROFLEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. CHAMPLAIN CABLE: SNAPSHOT
TABLE 059. CHAMPLAIN CABLE: BUSINESS PERFORMANCE
TABLE 060. CHAMPLAIN CABLE: PRODUCT PORTFOLIO
TABLE 061. CHAMPLAIN CABLE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. OMG: SNAPSHOT
TABLE 062. OMG: BUSINESS PERFORMANCE
TABLE 063. OMG: PRODUCT PORTFOLIO
TABLE 064. OMG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. TITION: SNAPSHOT
TABLE 065. TITION: BUSINESS PERFORMANCE
TABLE 066. TITION: PRODUCT PORTFOLIO
TABLE 067. TITION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 068. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 069. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 070. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY TYPE
FIGURE 012. SHIELDED CABLES MARKET OVERVIEW (2016-2028)
FIGURE 013. UNSHIELDED CABLES MARKET OVERVIEW (2016-2028)
FIGURE 014. ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY APPLICATION
FIGURE 015. PRIVATE CHARGING MARKET OVERVIEW (2016-2028)
FIGURE 016. PUBLIC CHARGING MARKET OVERVIEW (2016-2028)
FIGURE 017. NORTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 018. EUROPE ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. ASIA PACIFIC ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. MIDDLE EAST & AFRICA ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. SOUTH AMERICA ELECTRIC VEHICLE HV CABLES MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Electric Vehicle HV Cables Market research report is 2023-2030.
Sumitomo Electric Industries Ltd, Prysmian Group, Huber + Suhner, Aptiv, Nexans, ACOME, JYFT, Qingdao Cable, LEONI, Coroflex, Champlain Cable, OMG, Tition, and other major players.
The Electric Vehicle HV Cables Market is segmented into Type, Application, and region. By Type, the market is categorized into Shielded Cables, Unshielded Cables. By Application, the market is categorized into Private charging, Public charging. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The high-voltage electrical system of electric vehicles is primarily in charge of providing electricity for driving, starting, charging and discharging, and air conditioning. It primarily consists of the battery system, powertrain, charging system, high-voltage electronic control system, high-voltage equipment, and its wiring harness system.
The Global Electric Vehicle HV Cables Market size is expected to grow from USD 7.34 billion in 2022 to USD 26.12 billion by 2030, at a CAGR of 17.2% during the forecast period (2023-2030).