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Technavio has announced its latest europe research report titled Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024

The #electricvehiclechargingconnector market in #Europe is poised to grow by USD 22.02 mn during 2020-2024, according to @Technavio

Technavio has been monitoring the electric vehicle (EV) charging connector market in Europe and it is poised to grow by USD 22.02 mn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE and Yazaki Corp. are some of the major market participants. The increasing adoption of EVs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increasing adoption of EVs has been instrumental in driving the growth of the market.

Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024: Segmentation

Electric Vehicle (EV) Charging Connector Market in Europe is segmented as below:

Speed

  • Slow Charging
  • Fast Charging
  • Rapid Charging

Geographic segmentation

  • France
  • Germany
  • Norway
  • UK
  • Rest of EuropeElectric Vehicle (EV) Charging Connector Market in Europe 2020-2024: Scope

    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The electric vehicle (EV) charging connector market in Europe report covers the following areas:

    • Electric Vehicle (EV) Charging Connector Market in Europe Size
    • Electric Vehicle (EV) Charging Connector Market in Europe Trends
    • Electric Vehicle (EV) Charging Connector Market in Europe Industry Analysis

    This study identifies shift in demand from AC charging to DC fast charging as one of the prime reasons driving the electric vehicle (EV) charging connector market in Europe growth during the next few years.

    Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024: Vendor Analysis

    We provide a detailed analysis of around 25 vendors operating in the electric vehicle (EV) charging connector market in Europe, including some of the vendors such as Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE and Yazaki Corp. Backed with competitive intelligence and benchmarking, our research reports on the electric vehicle (EV) charging connector market in Europe are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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    Electric Vehicle (EV) Charging Connector Market in Europe 2020-2024: Key Highlights

    • CAGR of the market during the forecast period 2020-2024
    • Detailed information on factors that will assist electric vehicle (EV) charging connector market in Europe growth during the next five years
    • Estimation of the electric vehicle (EV) charging connector market in Europe size and its contribution to the parent market
    • Predictions on upcoming trends and changes in consumer behaviour
    • The growth of the electric vehicle (EV) charging connector market in Europe
    • Analysis of the market’s competitive landscape and detailed information on vendors
    • Comprehensive details of factors that will challenge the growth of electric vehicle (EV) charging connector market in Europe vendors

    Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.