EV Charging Adapter Market Analysis, Emerging Growth Across The Globe

An EV charging adapter connects the charging unit to the EV. An EV charger primarily consists of an inlet plug socket (on the vehicle) and an outlet plug socket (at the charging station). These plugs can be either SAE J1772 or IEC 62196. Based on the standard, the other components such as the charging cables, plugs, and adapters/connectors are selected.

The AC level 1 charger segment accounted for the major shares of the EV charging adapter market. The availability of AC level 1 chargers as standard fitments in PEVs due to the low cost of charging will contribute to the growth of this industry segment in the coming years.

In terms of geographic regions, APAC will be the major revenue contributor to the market throughout the forecast period.

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