The Europe EV Cables Market would witness market growth of 15.2% CAGR during the forecast period (2023-2030).
In the coming years, the market will have variable growth due to the increased usage of electric vehicles. The market is expected to expand rapidly as a result of increasing government initiatives to hasten the construction of charging stations. Additionally, the market is growing due to increased knowledge of the remarkable endurance of coiled cables.
Furthermore, the primary market factors that will positively affect the market's growth rate are the advancements in technology for EV charging cables and the increase in demand for luxury electric vehicles. Increased gasoline prices and increased charging efficiencies are a couple of the causes boosting demand in the market.
The demand for commercial electric vehicles (EVs) is growing, which is fueling a quick increase in the number of charging stations in homes, businesses, and public locations. Passenger cars are only a small portion of the growing EV demand, which also includes EV chargers, infrastructure for charging stations, and accessories.
In this region, to adjust to the new normal, get through the economic slump, and stabilize the income losses brought on by the COVID-19 pandemic, government organizations are working on electric mobility, or e-mobility, with improved vehicle safety systems. The government's principal strategy for reducing carbon emissions is the shift to electrified transportation. The demand for EVs is rising as government agencies plan to electrify their buses, trains, and other forms of public transportation. Hence, the increasing government support for the development of EV manufacturing sector is also helping in raising the demand for EV cables, thereby advancing the expansion of the market in this region.
The Germany market dominated the Europe EV Cables Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,494.8 million by 2030. The UK market is poised to grow at a CAGR of 14.3% during (2023 - 2030). Additionally, The France market would witness a CAGR of 16.3% during (2023 - 2030).
Based on Shielding Type, the market is segmented into Copper, Aluminium, and Others. Based on Application, the market is segmented into Charging Management, Engine & Powertrain, Battery & Battery Management, Power Electronics, and Others. Based on Voltage, the market is segmented into High, Medium, Low, and Very High. Based on Component, the market is segmented into Wires, Connectors/Terminals, and Fuse & Others. Based on EV Type, the market is segmented into BEV, HEV, and PHEV & Others. Based on Insulation Material, the market is segmented into Thermoplastic Elastomer, Silicon Rubber Insulation, Fluoro Polymers, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Norway, Netherlands, and Rest of Europe.
Free Valuable Insights: The Worldwide EV Cables Market is Projected to reach USD 23.1 Billion by 2030, at a CAGR of 15.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HUBER+SUHNER AG, TE Connectivity Ltd., Leoni AG, Aptiv PLC, Nexans S.A., Sumitomo Electric Industries, Ltd., Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.), Sinbon Electronics Co., Ltd., Coroplast Fritz Müller GmbH & Co. KG, and Philatron Wire & Cable
Scope of the Study
Market Segments Covered in the Report:
By Shielding Type
By Application
- Charging Management
- Engine & Powertrain
- Battery & Battery Management
- Power Electronics
- Others
By Voltage
- High
- Medium
- Low
- Very High
By Component
- Wires
- Connectors/Terminals
- Fuse & Others
By EV Type
By Insulation Material
- Thermoplastic Elastomer
- Silicon Rubber Insulation
- Fluoro Polymers
- Others
By Country
- Germany
- UK
- France
- Russia
- Norway
- Netherlands
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- HUBER+SUHNER AG
- TE Connectivity Ltd.
- Leoni AG
- Aptiv PLC
- Nexans S.A.
- Sumitomo Electric Industries, Ltd.
- Elkem ASA (Bluestar Elkem International Co., Ltd. S.A.)
- Sinbon Electronics Co., Ltd.
- Coroplast Fritz Müller GmbH & Co. KG
- Philatron Wire & Cable
TABLE 1 Europe EV Cables Market, 2019 - 2022, USD Million
TABLE 2 Europe EV Cables Market, 2023 - 2030, USD Million
TABLE 3 Europe EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 4 Europe EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 5 Europe Copper Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Copper Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Aluminium Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Aluminium Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 12 Europe EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 13 Europe Charging Management Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Charging Management Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Engine & Powertrain Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Engine & Powertrain Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Battery & Battery Management Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Battery & Battery Management Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Power Electronics Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Power Electronics Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 24 Europe EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 25 Europe High Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe High Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Medium Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Medium Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Low Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Low Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Very High Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Very High Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 34 Europe EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 35 Europe Wires Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Wires Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Connectors/Terminals Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Connectors/Terminals Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Fuse & Others Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Fuse & Others Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 42 Europe EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 43 Europe BEV Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe BEV Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe HEV Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe HEV Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe PHEV & Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe PHEV & Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Europe EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 50 Europe EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 51 Europe Thermoplastic Elastomer Market by Country, 2019 - 2022, USD Million
TABLE 52 Europe Thermoplastic Elastomer Market by Country, 2023 - 2030, USD Million
TABLE 53 Europe Silicon Rubber Insulation Market by Country, 2019 - 2022, USD Million
TABLE 54 Europe Silicon Rubber Insulation Market by Country, 2023 - 2030, USD Million
TABLE 55 Europe Fluoro Polymers Market by Country, 2019 - 2022, USD Million
TABLE 56 Europe Fluoro Polymers Market by Country, 2023 - 2030, USD Million
TABLE 57 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 58 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 59 Europe EV Cables Market by Country, 2019 - 2022, USD Million
TABLE 60 Europe EV Cables Market by Country, 2023 - 2030, USD Million
TABLE 61 Germany EV Cables Market, 2019 - 2022, USD Million
TABLE 62 Germany EV Cables Market, 2023 - 2030, USD Million
TABLE 63 Germany EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 64 Germany EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 65 Germany EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 66 Germany EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 67 Germany EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 68 Germany EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 69 Germany EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 70 Germany EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 71 Germany EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 72 Germany EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 73 Germany EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 74 Germany EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 75 UK EV Cables Market, 2019 - 2022, USD Million
TABLE 76 UK EV Cables Market, 2023 - 2030, USD Million
TABLE 77 UK EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 78 UK EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 79 UK EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 80 UK EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 81 UK EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 82 UK EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 83 UK EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 84 UK EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 85 UK EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 86 UK EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 87 UK EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 88 UK EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 89 France EV Cables Market, 2019 - 2022, USD Million
TABLE 90 France EV Cables Market, 2023 - 2030, USD Million
TABLE 91 France EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 92 France EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 93 France EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 94 France EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 95 France EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 96 France EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 97 France EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 98 France EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 99 France EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 100 France EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 101 France EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 102 France EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 103 Russia EV Cables Market, 2019 - 2022, USD Million
TABLE 104 Russia EV Cables Market, 2023 - 2030, USD Million
TABLE 105 Russia EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 106 Russia EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 107 Russia EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 108 Russia EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 109 Russia EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 110 Russia EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 111 Russia EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 112 Russia EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 113 Russia EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 114 Russia EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 115 Russia EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 116 Russia EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 117 Norway EV Cables Market, 2019 - 2022, USD Million
TABLE 118 Norway EV Cables Market, 2023 - 2030, USD Million
TABLE 119 Norway EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 120 Norway EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 121 Norway EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 122 Norway EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 123 Norway EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 124 Norway EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 125 Norway EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 126 Norway EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 127 Norway EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 128 Norway EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 129 Norway EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 130 Norway EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 131 Netherlands EV Cables Market, 2019 - 2022, USD Million
TABLE 132 Netherlands EV Cables Market, 2023 - 2030, USD Million
TABLE 133 Netherlands EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 134 Netherlands EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 135 Netherlands EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 136 Netherlands EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 137 Netherlands EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 138 Netherlands EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 139 Netherlands EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 140 Netherlands EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 141 Netherlands EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 142 Netherlands EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 143 Netherlands EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 144 Netherlands EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 145 Rest of Europe EV Cables Market, 2019 - 2022, USD Million
TABLE 146 Rest of Europe EV Cables Market, 2023 - 2030, USD Million
TABLE 147 Rest of Europe EV Cables Market by Shielding Type, 2019 - 2022, USD Million
TABLE 148 Rest of Europe EV Cables Market by Shielding Type, 2023 - 2030, USD Million
TABLE 149 Rest of Europe EV Cables Market by Application, 2019 - 2022, USD Million
TABLE 150 Rest of Europe EV Cables Market by Application, 2023 - 2030, USD Million
TABLE 151 Rest of Europe EV Cables Market by Voltage, 2019 - 2022, USD Million
TABLE 152 Rest of Europe EV Cables Market by Voltage, 2023 - 2030, USD Million
TABLE 153 Rest of Europe EV Cables Market by Component, 2019 - 2022, USD Million
TABLE 154 Rest of Europe EV Cables Market by Component, 2023 - 2030, USD Million
TABLE 155 Rest of Europe EV Cables Market by EV Type, 2019 - 2022, USD Million
TABLE 156 Rest of Europe EV Cables Market by EV Type, 2023 - 2030, USD Million
TABLE 157 Rest of Europe EV Cables Market by Insulation Material, 2019 - 2022, USD Million
TABLE 158 Rest of Europe EV Cables Market by Insulation Material, 2023 - 2030, USD Million
TABLE 159 Key Information – HUBER+SUHNER AG
TABLE 160 Key information –TE Connectivity Ltd.
TABLE 161 Key Information – Leoni AG
TABLE 162 Key Information – Aptiv PLC
TABLE 163 Key Information – Nexans S.A.
TABLE 164 Key Information – Sumitomo Electric Industries, Ltd.
TABLE 165 Key information – Elkem ASA
TABLE 166 Key Information – Sinbon Electronics Co., Ltd.
TABLE 167 Key Information – Coroplast Fritz Müller GmbH & Co. KG
TABLE 168 Key Information – Philatron Wire & Cable
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe EV Cables Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the EV Cables Market
FIG 4 Porter’s Five Force Analysis: EV Cables Market
FIG 5 Europe EV Cables Market share by Shielding Type, 2022
FIG 6 Europe EV Cables Market share by Shielding Type, 2030
FIG 7 Europe EV Cables Market by Shielding Type, 2019 - 2030, USD Million
FIG 8 Europe EV Cables Market share by Application, 2022
FIG 9 Europe EV Cables Market share by Application, 2030
FIG 10 Europe EV Cables Market by Application, 2019 - 2030, USD Million
FIG 11 Europe EV Cables Market share by Voltage, 2022
FIG 12 Europe EV Cables Market share by Voltage, 2030
FIG 13 Europe EV Cables Market by Voltage, 2019 - 2030, USD Million
FIG 14 Europe EV Cables Market share by Component, 2022
FIG 15 Europe EV Cables Market share by Component, 2030
FIG 16 Europe EV Cables Market by Component, 2019 - 2030, USD Million
FIG 17 Europe EV Cables Market share by EV Type, 2022
FIG 18 Europe EV Cables Market share by EV Type, 2030
FIG 19 Europe EV Cables Market by EV Type, 2019 - 2030, USD Million
FIG 20 Europe EV Cables Market share by Insulation Material, 2022
FIG 21 Europe EV Cables Market share by Insulation Material, 2030
FIG 22 Europe EV Cables Market by Insulation Material, 2019 - 2030, USD Million
FIG 23 Europe EV Cables Market share by Country, 2022
FIG 24 Europe EV Cables Market share by Country, 2030
FIG 25 Europe EV Cables Market by Country, 2019 - 2030, USD Million
FIG 26 Recent strategies and developments: HUBER+SUHNER AG
FIG 27 SWOT Analysis: HUBER+SUHNER AG
FIG 28 SWOT Analysis: TE Connectivity Ltd
FIG 29 SWOT Analysis: Leoni AG
FIG 30 SWOT Analysis: Aptiv PLC
FIG 31 SWOT Analysis: Nexans S.A.
FIG 32 SWOT Analysis: Sumitomo Electric Industries, Ltd
FIG 33 SWOT Analysis: Elkem ASA
FIG 34 SWOT Analysis: Sinbon Electronics Co., Ltd.
FIG 35 SWOT Analysis: COROPLAST FRITZ MÜLLER GMBH & CO. KG
FIG 36 SWOT Analysis: Philatron Wire & Cable