The global electric vehicle battery charger market size is expected to witness 14.3% CAGR during the forecast period, 2019–2023. The growing demand for electric cars due to rise in environmental concern is expected to boost the sales of electric vehicle battery charger. This, in turn, is expected to propel the growth of the worldwide Electric Vehicle Battery Charger Market Size. THE growing awareness about the impact of gasoline released by fuel-powered automobiles is triggering the adoption of electric vehicle. It is boosting the need for electric vehicle battery charger that is expected to bolster the market expansion.

Segmental Outline

The global electric vehicle battery charger market size is assessed by level of charging, electric vehicle type, and application. By electric vehicle type, the market is segmented into plug-in hybrid electric vehicle and battery electric vehicle. By level of charging, the market is sectioned into level 1, level 2, and level 3. By application, the market is split into private and public.

Key Players

MRFR listed major players of the global Electric Vehicle (ev) Charger Market. They are;

Baccus Global LLC (US)

Lear Corporation (US)

CTEK Holding AB (Sweden)

Tesla (US)

Clore Automotive LLC (US)

Delphi Automotive LLP (Ireland)

Current Ways Inc. (US)

Robert Bosch GmbH (Germany)

Meta Systems S.P.A (Italy)

IES Synergy (France)

Ficosa Internacional SA (Spain)

LG Electronics (South Korea)

Schumacher Electric Corporation (US), and others.

Regional Analysis

The Electric Vehicle Battery Charger Market Size in Asia Pacific is expected to lead in the global market in the review period. The regional market expansion can be attributed to the initiatives taken by governments across countries such as India, China, Japan, Singapore, and other APAC regions, to curb vehicular emission is expected to spur the regional Electric Vehicle Battery Charger Market Size growth. In addition, mergers and collaborations between vehicle OEMs and manufacturers, along with integration of modern technologies can spur the expansion of the APAC market growth. Furthermore, the rise in the sales volume of electric vehicles and their production are expected to spur the regional market growth. In North America, the presence of tech giants and increase in the production of smart electric vehicle battery charger are likely to contribute to the growth of the regional market. The US is expected to lead in the Electric Vehicle Battery Charger Market Size. In Europe, the market is expected to exhibit a high CAGR during the evaluation period due to rise in demand for electric vehicle in the region.

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