Learn about the global electric car charger market through The Business Research Company, which provides information on electric car charger market size, electric car charger market drivers and restraints, electric car charger market players, the COVID-19 impact on the electric car charger market, and more.

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The global electric car charger market is expected to grow from $2.24 billion in 2020 to $2.96 billion in 2021 at a compound annual growth rate (CAGR) of 31.97%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $10.31 billion in 2025 at a CAGR of 36.6%.

The increasing demand for electric vehicles owing to growing environmental awareness is expected to drive innovation in electric car charger manufacturing, thus driving the market during the forecast period.

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The electric car chargers market consists of sales of electric-car chargers by entities (organizations, sole traders and partnerships) that manufacture electric-car chargers. The charging point for electric vehicles is a device that links an electric vehicle (EV) to a source of electricity for electric cars, community electric vehicles and plug-in hybrids.

Global electric car charger market segments include:

By Type: Slow AC, Fast AC, Fast DC

By Application: Home, Office, Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the electric car charger market in 2020.

The growing technological advancements are shaping the electric car charger market. Major companies operating in the electric car charger sector are focusing on developing technologically advanced solutions for electric car chargers.

TBRC’s electric car charger market report covers:

Major Market Players: Leviton Manufacturing Co. Inc, ABB Ltd., Siemens AG, Schneider Electric Corp, AeroVironment Inc., Eaton, Evatran LLC, Tesla Motors Inc., Delphi Automotive Plc., Bosch Automotive Service Solutions Inc, Elektromotive Ltd., Hubbell Device-Kellems, Legrand, TurboDock, GE, Chargepoint, and Blink.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Electric Car Charger Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides electric car charger market overviews, analyses and forecasts market size, share, electric car charger market players, electric car charger market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electric car charger market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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