Electric Vehicle Charging Connector Market Procurement Intelligence and Cost Structure Intelligence
Jyoti Waghmare16 Nov, 2021News
"Leading EV charging connector suppliers are mostly manufacturing EV connectors for their in-house charging infrastructure development. Hence, the competition is particularly high among the smaller regional EV charging connector suppliers. The rising demand for electric vehicles (CAGR ~20%) is driving the need for EV charging connectors (CAGR~19%). Moreover, the increasing efficiency of electric vehicles is expected to create a significant opportunity for market growth in near future."
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