EV Connectors Market - Industry Analysis and Forecast
EV Connectors Market size was valued at USD 66.30 Mn in 2023 and the total revenue is expected to grow at 18.4% through 2024 to 2030, EV Connectors Market is reaching nearly USD 216.28 Mn by 2030.
EV Connectors Market Overview:
Electric vehicle (EV) charging connectors, often known as EV connectors, are necessary for charging electric automobiles. EV connectors are used in electric car charging stations as well as for charging electric vehicle batteries at home. EV connectors are designed to work with a variety of charging power sources and charging times. With an increase in the number of EVS (electric vehicle stations) due to an increase in the manufacturing of electric automobiles around the world, EV connections have become increasingly common. EV connector manufacturers are focusing on charging compatibility innovation and catering to more efficient connectors on the market. The market for EV connectors is expected to grow significantly as the number of electric passenger cars on the road increases around the globe.
