Product ID: UCMIG25C2112
Report ID:
UCMIG25C2112 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the global market for stationary electric vehicle charging guns was valued at USD 325.2 million. Projections indicate significant growth, with the market expected to reach USD 3,142.7 million by 2030, demonstrating a robust CAGR of 33.1% throughout the forecast period. Stationary electric vehicle charging guns are essential tools for replenishing electric vehicle batteries from external power sources. They comprise a charging cable with one end connecting to the electric vehicle and the other attaching to a charging station or socket, forming a vital component in the Electric Vehicle (EV) charging infrastructure. Diverse models of stationary EV charging guns are available to cater to different types of EVs and charging systems in the market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automobile Manufacturers by segment aggregation, the contribution of the Automobile Manufacturers in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG25C2112