Return to: Business NewsGlobal Automotive Charging System Market: Industry Analysis and forecast 2020 – 2027Global Automotive Charging System Market size was valued US$ XX Mn. in 2019 and the total revenue is expected to grow about CAGR 6.5% from 2020 to 2027, reaching nearly US$ XX Mn. Global Automotive Charging System Market: Overview The Automotive Charging System is used for the electric vehicle which uses battery as a power source. The electric vehicle components are powered by battery which provides sufficient power supply to the wipers, headlights, and starter. The storage capacity of battery is limited so to provide continuous power supply for extended time; the battery charging system is used to provide uninterrupted electricity supply to the vehicle equipment. The automotive battery continuously requires power charging to maintain the full charge condition. There are two basic types of charging system. The DC generators are used in vehicle previously till 1960 then they are discontinued, after that AC alternator is used for charging device. Global Automotive Charging System Market: Charging Level The Global Automotive Charging System is available in three types of level- Level 1, Level 2, and Level 3. Level 1 has power range 0V to 120v, Level 2 has range 121V to 240V and the Level 3 has range 241V & above. The global market by the mode of charging market is divided into plug-in charging system and wireless charging system. Global Automotive Charging System Market: Competitive Landscape Toyota Motors launched plug in hybrid electric vehicle in passenger vehicle segment. The vehicle named Corolla and Levin were launched in 2019. These vehicles have hybrid engine which will drive in assist of electric motor. Toyota is also interested to invest in China for production of battery and inverter. US car manufacturer Tesla is the foremost manufacturer in electric vehicle and green energy. Tesla manufacture plug in hybrid electric vehicle as well as fully electric vehicle. Germany vehicle manufacturer BMW operates two segments of vehicle, automotive and motorbike. BMW has Plug in hybrid vehicle line up as X5, 330e, 530e and Mini Countryman that are targeted to be launched at the end of 2025 Global Automotive Charging System Market: Drivers and Restraints Increasing global automotive market with the growth of consumer capacity is the main driving force for the growth of Global Automotive Charging System Market. The new generation of vehicle are equipped with more electronic system which consumes more battery so more technologically advanced system are used in automotive system increasing market. Wireless charging technology is getting more popular and thus, it gives more convenience to the consumer to use, this segment is tremendously increasing future market. Global Automotive Charging System Market: Regional Overview Global Automotive Charging System Market is segmented into various regions like Asia Pacific, North America, Europe, South America, and Middle East & Africa. The Asia Pacific region is majorly growing region globally in Automotive Charging System market, owing to rapid growth in automotive sector. North America and European regions are growing its electric vehicle market due to the atmospheric condition and need of reduction in fuel consumption due to pollution condition in this region increases Automotive Charging System Market. Global Automotive Charging System Market: Segmentation Global Automotive Charging System Market is segmented By Type (Home charging systems, Commercial charging systems), By Charging System (Plug-in charging system, Wireless charging system), and by Region (North America, Europe, Asia pacific, Middle East and Africa, and Latin America). Global Automotive Charging System Market is emerging in region like Europe and Asia Pacific where the highest amount of pollution control initiatives is in progress. The report also helps in understanding Automotive Charging System Market dynamics, structure by analyzing the market segments and projects the Automotive Charging System Market size. Clear representation of competitive analysis of key players By Charging System, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Charging System Market make the report investor’s guide. For More Information Visit @: https://www.maximizemarketresearch.com/market-report/global-automotive-charging-system-market/72839/ Scope of the Automotive Charging System Market Automotive Charging System Market, By Type • Home charging systems • Commercial charging systems Automotive Charging System Market, By Charging System • Plug-in charging system • Wireless charging system Automotive Charging System Market, by Region • Asia Pacific • North America • Europe • South America • Middle East & Africa Key players operating in Automotive Charging System Market • Delta Electronics, Inc. • Schneider Electric • Delphi Technologies • General Electric Company • Evatran Group, Inc. • Robert Bosch GmbH • AeroVironment Inc. • General Electric Company • Tesla Motors, Inc. • Siemens AG • Evatran Group, Inc. • Schneider Electric SE • ClipperCreek, Inc. • Eaton Corporation Plc. • Elektromotive Limited • Volkswagen • Toyota • Ford • Mahindra • Nissan • GM • Sono Motors • Cruise Car • Solar Electric Vehicle Company This Report Is Submitted By : Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address: Pune, Maharashtra 411051, India. Contact: +91960719 ... News Release: Global Automotive Charging System Market: Industry Analysis and forecast 2020 – 2027 Submitted on: January 28, 2021 05:58:21 AM Submitted by: manoj On behalf of: www.maximizemarketresearch.com/market-report/global-automotive-charging-system-market/72839/ |