EV用ケーブル市場 : 2028年までの世界予測

 

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年7月

EV用ケーブル市場 : タイプ (BEV、HEV、PHEV)、電圧 (低、高)、EV 用途 (エンジン&パワートレイン、バッテリー&充電管理)、高電圧用途、絶縁、シールドタイプ (銅、アルミニウム)、コンポーネント、地域別 – 2028年までの世界予測
EV Cables Market by Type (BEV, HEV, PHEV), Voltage (Low, High), EV Application (Engine & Powertrain, Battery & Charging Management), High Voltage Application, Insulation, Shielding Type (Copper, Aluminium), Component and Region – Global Forecast to 2028

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The global EV cables market is estimated to grow from USD 8.6 billion in 2023 to USD 19.0 billion by 2028, at a CAGR of 17.2%. Major vehicle manufacturers across the globe are focusing on introducing electric vehicles to cater to the increased demand from consumers. Moreover, to curb rising pollution, several countries have implemented stringent emission norms for passenger cars. These factors are anticipated to push the growth of the EV market, thus driving the EV cable market. However, high cost of battery operated vehicles is considered a major restraint for the growth of the EV cables market. Though the outbreak of pandemic COVID-19 all over the world disturbed the economic and financial structures of the whole world. Auto industry noticed a fall due to production halt of vehicles parts and assembly which has collapsed the economies of US, China, UK, Germany, France, Italy, Japan, and many others countries.

EV用ケーブル市場 : 2028年までの世界予測

“High Voltage segment is expected to grow at the highest CAGR during the forecast period.”
High voltage cables in electric vehicles move power to and from the battery and various systems throughout the electric vehicle. The high voltage electric vehicle cable is used for connecting the charging port and the battery, battery inter wiring, the battery, and the engine and other electrical components to carry the electric current power. Charging management mainly consists of a high voltage battery and battery connections. These are connected to each other with high voltage cables. In 2020, Huber+Suhner launched its new flexible and robust Radox screened Flex high voltage battery cable range for electric vehicles. The company has combined its Radox technology with a new type of semiconductor to develop this new generation battery cable range. 55A1111-12-9-9, 55A1111-16-9-9, 55A1111-14-9-9 cables which has voltage rating of 600. Electric vehicles will be the future of transport as it is a viable alternative to conventional vehicles that depend directly on the diminishing fossil fuel reserves. Thus, increase in market demand for high voltage cables in critical application in an EV, market for high voltage cables would rise.

“Silicon Rubber Insulation segment is expected to be the fastest growing segment during the forecast period.”
Silicone rubber insulation is one of the most popular materials used in EV cables insulation across the world. It is considered a high tear-resistant material when processed. It is also flexible, which provides a good amount of dielectric strength to cables. Silicone rubber has high abrasion resistance, good antifriction property, and significant chemical resistance. Companies like Leoni AG are offering rubber insulation EV cables and claim that the hot, as well as the cold thermal resistance properties of silicone rubber, make it one of the best insulation materials for EV battery charging cables as compared with materials such as PVC and polyethylene. Cables with silicone rubber insulation are capable of withstanding a temperature range from -60°C to 250°C.

“Copper segment is expected to be the largest market during
the forecast period.”
Copper is one of the most popular materials used in EV cables shielding across the world. It is considered a high tear-resistant material when processed. It comes with excellent shielding effectiveness at both low and high temperatures, moderately high coverage, moderately high flexibility and longer life cycle compared to most shielding types. Pure EV battery can contain more than a mile of copper wiring in their stator windings. Electricity delivery in an EV is achieved by a series of wiring primarily composed of copper. IN addition to the copper wire in the engine copper wire is used to connect electronics and battery packs. Companies like Leoni AG, TE Connectivity and Coroplast are offering copper shielding EV cables that have high cable life, better flexibility and can be used for moderate and high-power operations.

EV用ケーブル市場In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the market.
• By Company Type: OEMs – 20% ,Tier I – 47%, Tier II – 33%
• By Designation: C Level – 43%, D Level – 39%, and Others – 18%
• By Region: North America – 28%, Europe – 34%, Asia Pacific – 38%
The market comprises major manufacturers such as Leoni AG (Germany), Huber+ Suhner (Switzerland), Sumitomo Electric Industries., Ltd (Japan), Aptiv (Ireland), Nexans (France) among others. The study includes an in-depth competitive analysis of these key players in the market with their company profiles, recent developments, and key market strategies.

Research Coverage:
The study covers the market across segments. It aims at estimating the market size and future growth potential of this market across different segments such as EV type, high voltage type, by insulation material, by shielding type, by voltage, by component, by EV application and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

EV用ケーブル市場 : 2028年までの世界予測 scopeReasons to buy the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

• Analysis of key drivers (Increasing growth of electric vehicles, Increasing fuel prices and Rising focus of automakers on fuel-efficient vehicles), restraints (High initial cost of EVs, Limited subsisdies offered by government and financial organizations), opportunities (Government opportunities for EV charging infrastructure, Rising popularity of HEVs), and challenges (Longer charging time than other fuels, Lack of EV charging infrastructure in developing economies)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the EV cable market

• Market Development: Comprehensive information about lucrative markets – the report analyses the EV cable market across varied regions

• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the EV cable market

• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Leoni AG (Germany), Huber+Suhner (Switzerland), Sumitomo Electric Industries., Ltd (Japan), Aptiv (Ireland), and Nexans (France) among others in the EV cable market


目次

1 INTRODUCTION 19
1.1 STUDY OBJECTIVES 19
1.2 MARKET DEFINITION 20
1.2.1 EV CABLES MARKET DEFINITION, BY VOLTAGE 20
1.2.2 EV CABLES MARKET DEFINITION, BY COMPONENT 20
1.2.3 EV CABLES MARKET DEFINITION, BY INSULATION MATERIAL 21
1.2.4 EV CABLES MARKET DEFINITION, BY EV TYPE 21
1.3 INCLUSIONS AND EXCLUSIONS 22
TABLE 1 INCLUSIONS AND EXCLUSIONS IN EV CABLES MARKET 22
1.4 MARKET SCOPE 23
FIGURE 1 MARKETS COVERED 23
1.4.1 YEARS CONSIDERED 23
1.5 CURRENCY CONSIDERED 24
TABLE 2 CURRENCY EXCHANGE RATES 24
1.6 STAKEHOLDERS 24
1.7 SUMMARY OF CHANGES 25
2 RESEARCH METHODOLOGY 26
2.1 RESEARCH DATA 26
FIGURE 2 EV CABLES MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY DATA 27
2.1.1.1 Key secondary sources 27
2.1.1.2 Key data from secondary sources 28
2.1.2 PRIMARY DATA 29
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS 29
2.1.2.1 List of primary participants 30
2.2 MARKET SIZE ESTIMATION 30
2.2.1 BOTTOM-UP APPROACH 30
FIGURE 4 EV CABLES MARKET: BOTTOM-UP APPROACH 31
2.2.2 TOP-DOWN APPROACH 31
FIGURE 5 EV CABLES MARKET: TOP-DOWN APPROACH 31
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 32
FIGURE 6 EV CABLES MARKET: DATA TRIANGULATION 32
2.4 FACTOR ANALYSIS 33
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 33
2.5 RESEARCH ASSUMPTIONS 34
2.6 RESEARCH LIMITATIONS 35
2.7 RECESSION IMPACT 35
2.7.1 INTRODUCTION 35
2.7.2 REGIONAL MACROECONOMIC OVERVIEW 36
2.7.3 ANALYSIS OF KEY ECONOMIC INDICATORS 36
TABLE 3 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021–2022 36
2.7.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION 37
2.7.4.1 Europe 37
TABLE 4 EUROPE: KEY ECONOMIC INDICATORS, 2021–2023 37
2.7.4.2 Asia Pacific 38
TABLE 5 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023 38
2.7.4.3 Americas 39
TABLE 6 AMERICAS: KEY ECONOMIC INDICATORS, 2021–2023 39
2.7.5 ECONOMIC OUTLOOK/PROJECTIONS 39
TABLE 7 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024–2027 (% GROWTH) 39
3 EXECUTIVE SUMMARY 41
FIGURE 7 EV CABLES MARKET: MARKET OVERVIEW 41
FIGURE 8 EV CABLES MARKET, BY REGION, 2023 VS. 2028 (USD MILLION) 42
FIGURE 9 EV CABLES MARKET, BY EV TYPE, 2023 VS. 2028 (USD MILLION) 42
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN EV CABLES MARKET 44
FIGURE 10 INCREASING DEMAND FOR EVS TO DRIVE MARKET 44
4.2 EV CABLES MARKET, BY REGION 44
FIGURE 11 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 44
4.3 EV CABLES MARKET, BY EV TYPE 45
FIGURE 12 BEV TO HAVE LARGEST MARKET DURING FORECAST PERIOD (USD MILLION) 45
4.4 EV CABLES MARKET, BY INSULATION MATERIAL 45
FIGURE 13 THERMOPLASTIC ELASTOMER TO HOLD MAJORITY MARKET SHARE (2023–2028) (USD MILLION) 45
4.5 EV CABLES MARKET, BY SHIELDING TYPE 46
FIGURE 14 COPPER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 46
4.6 EV CABLES MARKET, BY COMPONENT 46
FIGURE 15 WIRE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 46
4.7 EV CABLES MARKET, BY VOLTAGE 47
FIGURE 16 HIGH VOLTAGE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 47
4.8 EV CABLES MARKET, BY HIGH VOLTAGE TYPE 47
FIGURE 17 BATTERY & BATTERY MANAGEMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 47
4.9 EV CABLES MARKET, BY EV APPLICATION 48
FIGURE 18 CHARGING MANAGEMENT TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 48

5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 50
FIGURE 19 EV CABLES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 50
5.2.1 DRIVERS 51
5.2.1.1 Growth of EVs 51
FIGURE 20 GLOBAL SALES OF ELECTRIC PASSENGER CARS, 2018–2022 (THOUSAND UNITS) 51
5.2.1.2 Increase in fuel prices 52
FIGURE 21 AVERAGE PETROL PRICES PER GALLON IN US (1994–2022) 52
5.2.1.3 Rising focus of automakers on emission-free vehicles 52
TABLE 8 OEMS’ TARGET TO SHIFT TOWARD EV 53
5.2.2 RESTRAINTS 53
5.2.2.1 High initial cost of EVs 53
TABLE 9 AVERAGE VEHICLE COST, BY PROPULSION, 2023 53
5.2.2.2 Limited subsidies by governments and financial organizations 54
5.2.3 OPPORTUNITIES 54
5.2.3.1 Government initiatives pertaining to EV charging infrastructure 54
TABLE 10 GOVERNMENT PROGRAMS FOR PROMOTION OF EV SALES 55
5.2.3.2 Rising popularity of HEVs 55
FIGURE 22 GLOBAL PHEV SALES, BY VOLUME (THOUSAND UNITS) 56
5.2.4 CHALLENGES 56
5.2.4.1 Lack of EV charging infrastructure in emerging economies 56
TABLE 11 COUNTRY-WISE COMPARISON OF EV CHARGER DENSITY 57
FIGURE 23 EV CHARGING DEMAND, 2020–2030 57
5.2.4.2 Longer charging time than other fuels 58
FIGURE 24 AVERAGE INITIAL INVESTMENT COMPARISON FOR DIFFERENT TYPES OF FUEL STATIONS 58
5.2.5 IMPACT ANALYSIS OF MARKET DYNAMICS 59
5.3 ECOSYSTEM ANALYSIS 59
FIGURE 25 EV CABLES MARKET: ECOSYSTEM ANALYSIS 60
5.3.1 EV CABLE PROVIDERS 60
5.3.2 TIER-I SUPPLIERS 60
5.3.3 OEMS 60
5.3.4 END USERS 61
TABLE 12 EV CABLES MARKET: ROLE OF COMPANIES IN ECOSYSTEM 61
5.4 VALUE CHAIN ANALYSIS 62
FIGURE 26 EV CABLES MARKET: VALUE CHAIN ANALYSIS 62
5.5 TECHNOLOGY ANALYSIS 63
5.5.1 SELECTIVE METAL COATING TECHNOLOGY 63
5.5.2 ILLUMINATED EV CHARGING CABLE 63
5.5.3 V2X TECHNOLOGY 63
5.6 PATENT ANALYSIS 64
5.7 TRENDS AND DISRUPTIONS IN EV CABLES MARKET 65
FIGURE 27 TRENDS AND DISRUPTIONS IN EV CABLES MARKET 65
5.8 CASE STUDY ANALYSIS 66
5.8.1 FUEL CASE STUDY ON ELECTRICAL CONNECTION FOR ALUMINUM CONDUCTORS IN AUTOMOTIVE APPLICATIONS 66
5.8.2 TESTING CHARGEPOINT CABLE PAVEMENT GULLIES IN OXFORDSHIRE 67
5.9 REGULATORY FRAMEWORK 67
5.9.1 COUNTRY-WISE REGULATIONS 68
5.9.1.1 Netherlands 68
TABLE 13 NETHERLANDS: EV INCENTIVES 68
5.9.1.2 Germany 68
TABLE 14 GERMANY: EV INCENTIVES 68
5.9.1.3 France 69
TABLE 15 FRANCE: EV INCENTIVES 69
5.9.1.4 UK 69
TABLE 16 UK: EV INCENTIVES 70
5.9.1.5 China 70
TABLE 17 CHINA: EV INCENTIVES 70
5.9.1.6 US 71
TABLE 18 US: EV INCENTIVES 71
5.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 19 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 20 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 21 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 22 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
5.10 EV CABLES MARKET SCENARIO ANALYSIS, 2023–2028 76
5.10.1 MOST LIKELY SCENARIO 76
TABLE 23 EV CABLES MARKET (MOST LIKELY SCENARIO), BY REGION, 2023–2028 (USD MILLION) 76
5.10.2 OPTIMISTIC SCENARIO 76
TABLE 24 EV CABLES MARKET (OPTIMISTIC), BY REGION, 2023–2028 (USD MILLION) 76
5.10.3 PESSIMISTIC SCENARIO 77
TABLE 25 EV CABLES MARKET (PESSIMISTIC), BY REGION, 2023–2028 (USD MILLION) 77

6 EV CABLES MARKET, BY HIGH VOLTAGE TYPE, BY APPLICATION 78
6.1 INTRODUCTION 79
FIGURE 28 EV CABLES MARKET, BY HIGH VOLTAGE TYPE, BY APPLICATION 2023–2028 (USD MILLION) 79
TABLE 26 EV CABLES MARKET, BY HIGH VOLTAGE TYPE, BY APPLICATION, 2019–2022 (USD MILLION) 80
TABLE 27 EV CABLES MARKET, BY HIGH VOLTAGE TYPE, BY APPLICATION, 2023–2028 (USD MILLION) 80
6.2 ENGINE & POWERTRAIN 81
6.2.1 GROWING DEMAND FOR POWERTRAINS TO DRIVE MARKET 81
TABLE 28 ENGINE & POWERTRAIN: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 81
TABLE 29 ENGINE & POWERTRAIN: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 81
6.3 BATTERY & BATTERY MANAGEMENT 82
6.3.1 ADOPTION OF ADVANCED INTEGRATED TECHNOLOGIES TO DRIVE MARKET 82
TABLE 30 BATTERY & BATTERY MANAGEMENT: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 82
TABLE 31 BATTERY & BATTERY MANAGEMENT: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 82
6.4 CHARGING MANAGEMENT 83
6.4.1 INCREASE IN DEMAND FOR EVS TO DRIVE MARKET 83
TABLE 32 CHARGING MANAGEMENT: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 83
TABLE 33 CHARGING MANAGEMENT: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 84
6.5 POWER ELECTRONICS 84
6.5.1 SHIFT TO HIGH VOLTAGE ARCHITECTURE FOR EVS TO DRIVE MARKET 84
TABLE 34 POWER ELECTRONICS: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 84
TABLE 35 POWER ELECTRONICS: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 85
6.6 OTHERS (MOTOR & INVERTER) 85
TABLE 36 OTHERS: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 85
TABLE 37 OTHERS: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 86
6.7 KEY INDUSTRY INSIGHTS 86
7 EV CABLES MARKET, BY VOLTAGE 87
7.1 INTRODUCTION 88
FIGURE 29 EV CABLES MARKET, BY VOLTAGE, 2023–2028 (USD MILLION) 88
TABLE 38 EV CABLES MARKET, BY VOLTAGE, 2019–2022 (USD MILLION) 89
TABLE 39 EV CABLES MARKET, BY VOLTAGE, 2023–2028 (USD MILLION) 89
7.2 LOW VOLTAGE (UPTO 100V) 90
7.2.1 INSTALLATION OF LOW VOLTAGE CABLES FOR APPLICATIONS SUCH AS POWER ELECTRONICS TO DRIVE MARKET 90
TABLE 40 LOW VOLTAGE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 90
TABLE 41 LOW VOLTAGE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 90
7.3 MEDIUM VOLTAGE (100V–300V) 91
7.3.1 RISING ADOPTION OF NEW EV TECHNOLOGIES TO DRIVE MARKET 91
TABLE 42 MEDIUM VOLTAGE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 91
TABLE 43 MEDIUM VOLTAGE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 91
7.4 HIGH VOLTAGE (300V–1000V) 92
7.4.1 INCREASE IN CHARGING MANAGEMENT FOR EVS IN EMERGING ECONOMIES TO DRIVE MARKET 92
TABLE 44 HIGH VOLTAGE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 92
TABLE 45 HIGH VOLTAGE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 92
7.5 VERY HIGH VOLTAGE (ABOVE 1000V) 93
7.5.1 SHIFT TO VERY HIGH VOLTAGE ARCHITECTURE FOR EVS TO DRIVE MARKET 93
TABLE 46 VERY HIGH VOLTAGE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 93
TABLE 47 VERY HIGH VOLTAGE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 94
7.6 KEY INDUSTRY INSIGHTS 94
8 EV CABLES MARKET, BY EV APPLICATION 95
8.1 INTRODUCTION 96
FIGURE 30 EV CABLES MARKET, BY EV APPLICATION, 2023–2028 (USD MILLION) 96
TABLE 48 EV CABLES MARKET, BY EV APPLICATION, 2019–2022 (USD MILLION) 97
TABLE 49 EV CABLES MARKET, BY EV APPLICATION, 2023–2028 (USD MILLION) 97
8.2 ENGINE & POWERTRAIN 98
8.2.1 INCREASING PENETRATION OF EVS IN EMERGING ECONOMIES TO DRIVE MARKET 98
TABLE 50 ENGINE & POWERTRAIN: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 98
TABLE 51 ENGINE & POWERTRAIN: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 99
8.3 BATTERY & BATTERY MANAGEMENT 99
8.3.1 DEMAND FOR EV BATTERIES TO DRIVE MARKET 99
TABLE 52 BATTERY & BATTERY MANAGEMENT: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 100
TABLE 53 BATTERY & BATTERY MANAGEMENT: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 100

8.4 CHARGING MANAGEMENT 101
8.4.1 DEVELOPMENT OF CHARGING INFRASTRUCTURE TO DRIVE MARKET 101
TABLE 54 CHARGING MANAGEMENT: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 101
TABLE 55 CHARGING MANAGEMENT: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 101
8.5 POWER ELECTRONICS 102
8.5.1 GROWING PREFERENCE OF CUSTOMERS FOR ADVANCED TECHNOLOGIES TO DRIVE MARKET 102
TABLE 56 POWER ELECTRONICS: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 57 POWER ELECTRONICS: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 103
8.6 OTHERS (MOTOR & INVERTER) 103
TABLE 58 OTHERS (MOTOR & INVERTER): EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 59 OTHERS (MOTOR & INVERTER): EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 104
8.7 KEY INDUSTRY INSIGHTS 104
9 EV CABLES MARKET, BY EV TYPE 105
9.1 INTRODUCTION 106
FIGURE 31 EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 106
TABLE 60 EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 107
TABLE 61 EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 107
9.2 BATTERY ELECTRIC VEHICLE (BEV) 107
9.2.1 INCREASE IN ADOPTION OF INTEGRATED COMPONENTS BY OEMS TO DRIVE MARKET 107
TABLE 62 BEV: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 63 BEV: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 108
9.3 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV) 109
9.3.1 EXTENDED DRIVING RANGE DUE TO LIQUID FUEL TANK AND INTERNAL COMBUSTION ENGINE TO DRIVE MARKET 109
TABLE 64 PHEV: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 65 PHEV: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 109
9.4 FUEL CELL ELECTRIC VEHICLE (FCEV) 110
9.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY TO DRIVE MARKET 110
TABLE 66 FCEV: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 110
TABLE 67 FCEV: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 110
9.5 HYBRID ELECTRIC VEHICLE (HEV) 111
9.5.1 IMPROVED FUEL EFFICIENCY AND REDUCED EMISSIONS TO DRIVE MARKET 111
TABLE 68 HEV: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 69 HEV: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 111
9.6 KEY INDUSTRY INSIGHTS 112
10 EV CABLES MARKET, BY COMPONENT 113
10.1 INTRODUCTION 114
FIGURE 32 EV CABLES MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 114
TABLE 70 EV CABLES MARKET, BY COMPONENT, 2019–2022 (USD MILLION) 114
TABLE 71 EV CABLES MARKET, BY COMPONENT, 2023–2028 (USD MILLION) 115
10.2 WIRE 115
10.2.1 GROWING DEMAND FOR EVS TO DRIVE MARKET 115
TABLE 72 WIRE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 73 WIRE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 116
10.3 CONNECTOR/TERMINAL 116
10.3.1 GROWING DEMAND FOR ELECTRIC DRIVETRAINS TO DRIVE MARKET 116
TABLE 74 CONNECTOR/TERMINAL: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 116
TABLE 75 CONNECTOR/TERMINAL: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 117
10.4 FUSE 117
10.4.1 DEMAND FOR SAFETY FOR EV DRIVETRAIN COMPONENTS TO DRIVE MARKET 117
TABLE 76 FUSE: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 77 FUSE: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
10.5 OTHERS 118
TABLE 78 OTHER EV POWER TRANSMISSION COMPONENTS: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 79 OTHER EV POWER TRANSMISSION COMPONENTS: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
10.6 KEY PRIMARY INSIGHTS 119
11 EV CABLES MARKET, BY INSULATION MATERIAL 120
11.1 INTRODUCTION 121
FIGURE 33 EV CABLES MARKET, BY INSULATION MATERIAL, 2023–2028 (USD MILLION) 121
TABLE 80 EV CABLES MARKET, BY INSULATION MATERIAL, 2019–2022 (USD MILLION) 122
TABLE 81 EV CABLES MARKET, BY INSULATION MATERIAL, 2023–2028 (USD MILLION) 122
11.2 SILICON RUBBER INSULATION 123
11.2.1 GROWING EV DEMAND TO DRIVE MARKET 123
TABLE 82 SILICON RUBBER INSULATION: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 123
TABLE 83 SILICON RUBBER INSULATION: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 123
11.3 THERMOPLASTIC ELASTOMER 124
11.3.1 GROWING DEMAND FOR EVS IN MODERATELY LOW-TEMPERATURE REGIONS TO DRIVE MARKET 124
TABLE 84 THERMOPLASTIC ELASTOMER: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 85 THERMOPLASTIC ELASTOMER: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 124
11.4 FLUOROPOLYMER 125
11.4.1 GROWING DEMAND FOR HIGHLY ADAPTABLE EV CABLES TO DRIVE MARKET 125
TABLE 86 FLUOROPOLYMER: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 125
TABLE 87 FLUOROPOLYMER: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 125
11.5 OTHERS 126
TABLE 88 OTHER INSULATION MATERIALS: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 89 OTHER INSULATION MATERIALS: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 126
11.6 KEY PRIMARY INSIGHTS 127
12 EV CABLES MARKET, BY SHIELDING TYPE 128
12.1 INTRODUCTION 129
FIGURE 34 EV CABLES MARKET, BY SHIELDING TYPE, 2023–2028 (USD MILLION) 129
TABLE 90 EV CABLES MARKET, BY SHIELDING TYPE, 2019–2022 (USD MILLION) 129
TABLE 91 EV CABLES MARKET, BY SHIELDING TYPE, 2023–2028 (USD MILLION) 130
12.2 COPPER 130
12.2.1 GROWING DEMAND FOR LONG-LASTING EV CABLES TO DRIVE MARKET 130
TABLE 92 COPPER: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 93 COPPER: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 131
12.3 ALUMINUM 131
12.3.1 GROWING DEMAND FOR HIGHLY EFFICIENT EV CABLES TO DRIVE MARKET 131
TABLE 94 ALUMINUM: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 95 ALUMINUM: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 132
12.4 OTHERS 132
TABLE 96 OTHER SHIELDING TYPES: EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 133
TABLE 97 OTHER SHIELDING TYPES: EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 133
12.5 KEY PRIMARY INSIGHTS 133
13 EV CABLES MARKET, BY REGION 134
13.1 INTRODUCTION 135
FIGURE 35 EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 135
TABLE 98 EV CABLES MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 99 EV CABLES MARKET, BY REGION, 2023–2028 (USD MILLION) 136
13.2 ASIA PACIFIC 136
13.2.1 RECESSION IMPACT ANALYSIS 137
FIGURE 36 ASIA PACIFIC: EV CABLES MARKET SNAPSHOT 137
TABLE 100 ASIA PACIFIC: EV CABLES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 138
TABLE 101 ASIA PACIFIC: EV CABLES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 138
13.2.2 CHINA 139
13.2.2.1 Increase in sales of EVs to drive market 139
TABLE 102 CHINA: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 139
TABLE 103 CHINA: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 139
13.2.3 INDIA 140
13.2.3.1 Active participation of OEMs to drive market 140
TABLE 104 INDIA: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 140
TABLE 105 INDIA: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 140
13.2.4 JAPAN 141
13.2.4.1 EV charging management facilities to drive market 141
TABLE 106 JAPAN: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 141
TABLE 107 JAPAN: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 142
13.2.5 SOUTH KOREA 142
13.2.5.1 Adoption of advanced technologies in EVs to drive market 142
TABLE 108 SOUTH KOREA: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 143
TABLE 109 SOUTH KOREA: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 143
13.3 EUROPE 143
13.3.1 RECESSION IMPACT ANALYSIS 144
TABLE 110 EUROPE: EV CABLES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 111 EUROPE: EV CABLES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 145
13.3.2 FRANCE 145
13.3.2.1 Government incentive policies for EV adoption to drive market 145
TABLE 112 FRANCE: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 146
TABLE 113 FRANCE: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 146
13.3.3 GERMANY 146
13.3.3.1 Presence of leading EV cable manufacturers to drive market 146
TABLE 114 GERMANY: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 147
TABLE 115 GERMANY: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 147
13.3.4 NORWAY 147
13.3.4.1 Rising popularity of PHEVs to drive market 147
TABLE 116 NORWAY: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 148
TABLE 117 NORWAY: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 148
13.3.5 SPAIN 148
13.3.5.1 Scrappage policy by government to drive market 148
TABLE 118 SPAIN: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 149
TABLE 119 SPAIN: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 149
13.3.6 UK 149
13.3.6.1 Growing battery market for EVs to drive market 149
TABLE 120 UK: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 150
TABLE 121 UK: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 150

13.4 NORTH AMERICA 150
13.4.1 RECESSION IMPACT ANALYSIS 151
FIGURE 37 NORTH AMERICA: EV CABLES MARKET SNAPSHOT 151
TABLE 122 NORTH AMERICA: EV CABLES MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 152
TABLE 123 NORTH AMERICA: EV CABLES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 152
13.4.2 US 152
13.4.2.1 Presence of leading EV manufacturers to drive market 152
TABLE 124 US: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 153
TABLE 125 US: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 153
13.4.3 CANADA 153
13.4.3.1 Growth of FCEVs to drive market 153
TABLE 126 CANADA: EV CABLES MARKET, BY EV TYPE, 2019–2022 (USD MILLION) 154
TABLE 127 CANADA: EV CABLES MARKET, BY EV TYPE, 2023–2028 (USD MILLION) 154
14 COMPETITIVE LANDSCAPE 155
14.1 OVERVIEW 155
14.2 MARKET SHARE ANALYSIS FOR EV CABLES MARKET 155
TABLE 128 MARKET SHARE ANALYSIS, 2022 155
FIGURE 38 MARKET SHARE ANALYSIS, 2022 156
14.2.1 LEONI AG 156
14.2.2 HUBER+SUHNER 156
14.2.3 SUMITOMO ELECTRIC INDUSTRIES, LTD. 157
14.2.4 APTIV 157
14.2.5 NEXANS 157
14.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 158
FIGURE 39 TOP PUBLIC/LISTED PLAYERS DOMINATING EV CABLES MARKET DURING LAST FIVE YEARS 158
14.4 COMPETITIVE SCENARIO 158
14.4.1 PRODUCT LAUNCHES 158
TABLE 129 PRODUCT LAUNCHES, 2020-2023 159
14.4.2 DEALS 159
TABLE 130 DEALS, 2020–2023 159
14.4.3 OTHERS 160
TABLE 131 OTHERS, 2020-2023 160
14.5 COMPANY EVALUATION MATRIX 161
14.5.1 STARS 161
14.5.2 EMERGING LEADERS 161
14.5.3 PERVASIVE 161
14.5.4 PARTICIPANTS 161
FIGURE 40 EV CABLES MARKET: COMPANY EVALUATION MATRIX, 2023 162
TABLE 132 EV CABLES MARKET: COMPANY FOOTPRINT, 2023 163
TABLE 133 EV CABLES MARKET: PRODUCT FOOTPRINT, 2023 163
14.5.5 EV CABLES MARKET: REGIONAL FOOTPRINT, 2023 164
14.6 START-UP/SME EVALUATION MATRIX 164
14.6.1 PROGRESSIVE COMPANIES 164
14.6.2 RESPONSIVE COMPANIES 164
14.6.3 DYNAMIC COMPANIES 164
14.6.4 STARTING BLOCKS 165
FIGURE 41 EV CABLES MARKET: START-UP/SME EVALUATION MATRIX, 2023 165
15 COMPANY PROFILES 166
15.1 KEY PLAYERS 166
(Business Overview, Products offered, Recent Developments, MnM View)*
15.1.1 LEONI AG 166
TABLE 134 LEONI AG: COMPANY OVERVIEW 166
FIGURE 42 LEONI AG: COMPANY SNAPSHOT 167
TABLE 135 LEONI AG: PRODUCTS OFFERED 167
TABLE 136 LEONI AG: DEALS 168
TABLE 137 LEONI AG: OTHERS 168
15.1.2 HUBER+SUHNER 170
TABLE 138 HUBER+SUHNER: COMPANY OVERVIEW 170
FIGURE 43 HUBER+SUHNER: COMPANY SNAPSHOT 170
TABLE 139 HUBER+SUHNER: PRODUCTS OFFERED 171
TABLE 140 HUBER+SUHNER: PRODUCT DEVELOPMENTS 171
15.1.3 SUMITOMO ELECTRIC INDUSTRIES, LTD. 173
TABLE 141 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY OVERVIEW 173
FIGURE 44 SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT 174
TABLE 142 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCTS OFFERED 174
TABLE 143 SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCT DEVELOPMENTS 175
TABLE 144 SUMITOMO ELECTRIC INDUSTRIES, LTD.: OTHERS 175
15.1.4 APTIV 177
TABLE 145 APTIV: COMPANY OVERVIEW 177
FIGURE 45 APTIV: COMPANY SNAPSHOT 178
TABLE 146 APTIV: PRODUCTS OFFERED 178
TABLE 147 APTIV: DEALS 178
TABLE 148 APTIV: OTHERS 179
15.1.5 NEXANS 180
TABLE 149 NEXANS: COMPANY OVERVIEW 180
FIGURE 46 NEXANS: COMPANY SNAPSHOT 180
TABLE 150 NEXANS: PRODUCTS OFFERED 181
TABLE 151 NEXANS: OTHERS 181
15.1.6 TE CONNECTIVITY 182
TABLE 152 TE CONNECTIVITY: COMPANY OVERVIEW 182
FIGURE 47 TE CONNECTIVITY: COMPANY SNAPSHOT 183
TABLE 153 TE CONNECTIVITY: PRODUCTS OFFERED 183
TABLE 154 TE CONNECTIVITY: OTHERS 184
15.1.7 ELAND CABLES 185
TABLE 155 ELAND CABLES: COMPANY OVERVIEW 185
TABLE 156 ELAND CABLES: PRODUCTS OFFERED 185
15.1.8 ACOME 187
TABLE 157 ACOME: COMPANY OVERVIEW 187
FIGURE 48 ACOME: COMPANY SNAPSHOT 188
TABLE 158 ACOME: PRODUCTS OFFERED 188
TABLE 159 ACOME: PRODUCT DEVELOPMENTS 189
15.1.9 ELKEM 190
TABLE 160 ELKEM: COMPANY OVERVIEW 190
FIGURE 49 ELKEM: COMPANY SNAPSHOT 191
TABLE 161 ELKEM: PRODUCTS OFFERED 191
TABLE 162 ELKEM: OTHERS 192
15.1.10 COROPLAST 193
TABLE 163 COROPLAST: COMPANY OVERVIEW 193
TABLE 164 COROPLAST: PRODUCTS OFFERED 193
15.1.11 CHAMPLAIN CABLE CORPORATION 194
TABLE 165 CHAMPLAIN CABLE CORPORATION: COMPANY OVERVIEW 194
TABLE 166 CHAMPLAIN CABLE CORPORATION: PRODUCTS OFFERED 194
TABLE 167 CHAMPLAIN CABLE CORPORATION: OTHERS 195
15.1.12 SINBON ELECTRONICS 196
TABLE 168 SINBON ELECTRONICS: COMPANY OVERVIEW 196
TABLE 169 SINBON ELECTRONICS: PRODUCTS OFFERED 196
TABLE 170 SINBON ELECTRONICS: DEALS 196
15.1.13 PHILATRON WIRE & CABLE 197
TABLE 171 PHILATRON WIRE & CABLE: COMPANY OVERVIEW 197
TABLE 172 PHILATRON WIRE & CABLE: PRODUCTS OFFERED 197
TABLE 173 PHILATRON WIRE & CABLE: PRODUCT DEVELOPMENTS 198
*Details on Business Overview, Products offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
15.2 OTHER KEY PLAYERS 199
15.2.1 FURUKAWA ELECTRIC CO., LTD 199
15.2.2 HENGFEI CABLE CO., LTD 199
15.2.3 DYDEN CORPORATION 200
15.2.4 RIYING ELECTRONICS CO., LTD 200
15.2.5 THB GROUP 201
15.2.6 YURA CORPORATION 201
15.2.7 YAZAKI CORPORATION 202
15.2.8 FUJIKURA LTD 202
15.2.9 OMG EV CABLE 203
15.2.10 DRAXLMAIER GROUP 203
15.2.11 BESEN INTERNATIONAL GROUP 204
15.2.12 GENERAL CABLE (PRYSMIAN GROUP) 204
16 RECOMMENDATIONS BY MARKETSANDMARKETS 205
16.1 ASIA PACIFIC IS KEY FOCUS MARKET FOR EV CABLES 205
16.2 TECHNOLOGICAL ADVANCEMENTS TO DRIVE MARKET FOR EV CABLES 205
16.3 RISING ADOPTION OF HIGH VOLTAGE CABLES 205
16.4 CONCLUSION 206
17 APPENDIX 207
17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 207
17.2 DISCUSSION GUIDE 208
17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 211
17.4 CUSTOMIZATION OPTIONS 213
17.5 RELATED REPORTS 213
17.6 AUTHOR DETAILS 214