Global Off-board Electric Vehicle Charger (EVC) Market Size is expected to experience a CAGR of 11.8% through 2024 - 2031, according to industry projections.

<h1>Global Off-board Electric Vehicle Charger (EVC) Market Size is expected to experience a CAGR of 11.8% through 2024 - 2031, according to industry projections.</h1>The "<a href="https://www.reliablebusinessinsights.com/off-board-electric-vehicle-charger-evc--r1450744">Off-board Electric Vehicle Charger (EVC) Market</a>" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Off-board Electric Vehicle Charger (EVC) market is expected to grow annually by 11.8% (CAGR 2024 - 2031). This entire report is of 135 pages. <a href="https://en.wikipedia.org/wiki/Lala_Mustafa_Pasha_Mosque">https://en.wikipedia.org/wiki/Lala_Mustafa_Pasha_Mosque</a> Off-board Electric Vehicle Charger (EVC) Introduction and its Market Analysis The Off-board Electric Vehicle Charger (EVC) market research report highlights the growing demand for charging infrastructure for electric vehicles. Off-board EVCs are charging stations located outside of the vehicle, serving as a crucial component for the widespread adoption of electric vehicles. The target market for Off-board EVCs includes residential, commercial, and public locations. Major factors driving revenue growth in the Off-board EVC market include government incentives, increasing electric vehicle sales, and growing awareness of environmental sustainability.Companies operating in the Off-board EVC market include Chargepoint, ABB, Eaton, Leviton, Blink Charging, Schneider Electric, Siemens, and General Electric. These companies are focusing on expanding their product offerings, enhancing charging speeds, and improving user experience to gain a competitive edge.The main findings of the report highlight the increasing investment in charging infrastructure, technological advancements in EVCs, and the importance of partnerships and collaborations in the market. Recommendations include the need for further government support, the development of standardized charging protocols, and increased focus on customer convenience and experience. Get a Sample PDF of the Report: <a href="https://www.reliablebusinessinsights.com/enquiry/request-sample/1450744">https://www.reliablebusinessinsights.com/enquiry/request-sample/1450744</a> The Off-board Electric Vehicle Charger (EVC) market is experiencing rapid growth, with key segments including Level 2 Charger and Level 3 Charger. These chargers are used for different applications such as Residential Charging, Commercial Charging, and Workplace Charging. The market is influenced by Regulatory and legal factors specific to market conditions, such as government incentives for electric vehicles and regulations on emissions.Level 2 Chargers are popular for residential and workplace charging, offering faster charging speeds than standard wall outlets. Level 3 Chargers, also known as fast chargers, are commonly used in commercial settings due to their ability to charge electric vehicles quickly.As the demand for electric vehicles continues to rise, the Off-board EVC market is expected to expand further. Regulatory factors, such as tax incentives for electric vehicle owners and regulations on emissions, will play a key role in shaping the market. It is crucial for businesses to stay informed on the latest developments in order to capitalize on the growing opportunities in the Off-board EVC market. Top Featured Companies Dominating the Global Off-board Electric Vehicle Charger (EVC) Market The off-board electric vehicle charger (EVC) market is highly competitive with several key players dominating the landscape. Some of the prominent companies operating in this market are Chargepoint (US), ABB (Switzerland), Eaton (Ireland), Leviton (US), Blink Charging (US), Schneider Electric (France), Siemens (Germany), and General Electric (US).These companies specialize in providing advanced charging solutions for electric vehicles, ranging from residential to commercial applications. They offer a variety of chargers with different power outputs, connectivity options, and charging speeds to cater to the diverse needs of electric vehicle owners.Chargepoint, ABB, Eaton, Blink Charging, Schneider Electric, Siemens, and General Electric leverage their strong presence in the EVC market to introduce innovative technologies, expand their product portfolios, and forge strategic partnerships with automakers and infrastructure providers. These companies play a crucial role in driving the growth of the EVC market by offering reliable, efficient, and scalable charging solutions that encourage the adoption of electric vehicles.In terms of sales revenue, some of these companies have achieved significant financial success in the EVC market. For example, Chargepoint reported revenue of $146 million in 2020, while ABB's electrification division, which includes EVC solutions, generated sales of $ billion. Eaton's electrical business, which includes EVC products, generated revenue of $12.6 billion in 2020. These figures reflect the strong market presence and revenue streams of these companies in the off-board electric vehicle charger market. <ul><li>Chargepoint(US)</li><li>ABB(Switzerland)</li><li>Eaton(Ireland)</li><li>Leviton(US)</li><li>Blink Charging(US)</li><li>Schneider Electric(France)</li><li>Siemens(Germany)</li><li>General Electric(US)</li></ul> Get a Sample PDF of the Report: <a href="https://www.reliablebusinessinsights.com/enquiry/request-sample/1450744">https://www.reliablebusinessinsights.com/enquiry/request-sample/1450744</a> Off-board Electric Vehicle Charger (EVC) Market Analysis, by Type: <ul><li>Level 2 Charger</li><li>Level 3 Charger</li></ul> Level 2 chargers are commonly used at homes and workplaces and provide charging at a rate of 240 volts. Level 3 chargers, also known as DC fast chargers, offer rapid charging at 480 volts and are typically found at public charging stations. These chargers help to boost the demand for off-board electric vehicle chargers by providing faster and more convenient charging options, increasing the appeal of electric vehicles to consumers. The availability of different types of chargers also helps to address range anxiety and encourages more widespread adoption of electric vehicles, driving the growth of the EVC market. Inquire or Share Your Questions If Any Before the Purchasing This Report -<a href="https://www.reliablebusinessinsights.com/enquiry/pre-order-enquiry/1450744">https://www.reliablebusinessinsights.com/enquiry/pre-order-enquiry/1450744</a> Off-board Electric Vehicle Charger (EVC) Market Analysis, by Application: <ul><li>Residential Charging</li><li>Commercial Charging</li><li>Workplace Charging</li></ul> Off-board Electric Vehicle Charger (EVC) is used for residential charging by providing a convenient and efficient solution for EV owners to recharge their vehicles at home. In commercial applications, EVCs are used to provide charging services in public parking areas or shopping malls. Workplace charging involves installing EVCs in office parking lots to support employees who drive electric vehicles.The fastest growing application segment in terms of revenue is commercial charging, as more businesses and public spaces are investing in EVC infrastructure to attract customers and support the growing number of electric vehicles on the road. Purchase this Report (Price 4900 USD for a Single-User License): <a href="https://www.reliablebusinessinsights.com/purchase/1450744">https://www.reliablebusinessinsights.com/purchase/1450744</a> Off-board Electric Vehicle Charger (EVC) Industry Growth Analysis, by Geography: North America: <ul> <li>United States</li> <li>Canada</li> </ul> Europe: <ul> <li>Germany</li> <li>France</li> <li>U.K.</li> <li>Italy</li> <li>Russia</li> </ul> Asia-Pacific: <ul> <li>China</li> <li>Japan</li> <li>South Korea</li> <li>India</li> <li>Australia</li> <li>China Taiwan</li> <li>Indonesia</li> <li>Thailand</li> <li>Malaysia</li> </ul> Latin America: <ul> <li>Mexico</li> <li>Brazil</li> <li>Argentina Korea</li> <li>Colombia</li> </ul> Middle East & Africa: <ul> <li>Turkey</li> <li>Saudi</li> <li>Arabia</li> <li>UAE</li> <li>Korea</li> </ul> The off-board electric vehicle charger (EVC) market is witnessing significant growth in various regions around the world. In North America, the United States and Canada are leading the market with increasing adoption of electric vehicles. In Europe, countries like Germany, France, the ., and Italy are driving the market forward. In Asia-Pacific, China, Japan, South Korea, India, and Australia are experiencing rapid growth in the EVC market. Latin America, Middle East & Africa are also witnessing a surge in demand for EVCs, with countries like Mexico, Brazil, Turkey, Saudi Arabia, and the UAE leading the way. Among these regions, Asia-Pacific is expected to dominate the market with a market share of around 40%, followed by North America with a market share of 25% and Europe with a market share of 20%. Latin America and Middle East & Africa are projected to have a combined market share of 15%. Overall, the global off-board electric vehicle charger market is expected to reach a valuation of $10 billion by 2025, with Asia-Pacific leading the way in terms of market share and growth. 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