EV High Voltage Cable Market Projected to Reach $67.55 billion by 2030 - Exclusive Report by 360iResearch - Seite 2

"Advancements in EV Charging: Embracing DC Cables for High-Efficiency Power Stations"

Electric vehicles (EVs) benefit from two primary charging protocols: Alternating Current (AC) and Direct Current (DC) cables, each serving distinct needs within the EV ecosystem. AC cables, universal in both public and residential settings, leverage the prevailing electrical grid to offer a convenient solution for daily charging needs. This method, although slower, is optimally suited for prolonged charging sessions at home or during work hours due to its integration with conventional infrastructure. Conversely, the adoption of DC cables is on the rise at high-power charging (HPC) facilities, providing a swift power delivery directly to an EV's battery system and circumventing the onboard charging device. This approach is particularly advantageous for travelers at highway stations, where reducing the charging duration is paramount. DC charging emerges as a cornerstone for facilitating long-distance EV journeys, underscoring a significant evolution in powering vehicles on the move.

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"Kromberg & Schubert Automotive GmbH & Co. KG at the Forefront of EV High Voltage Cable Market with a Strong 16.13% Market Share"

The key players in the EV High Voltage Cable Market include Kromberg & Schubert Automotive GmbH & Co. KG, Aptiv PLC, Sumitomo Electric Industries, Ltd., Leoni AG, Continental AG, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.

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