Global 48Amp EV Charger Market 2022-2027

    Multi User License - $2,800

    In Stock

    Coming Soon

    GLOBAL 48Amp EV CHARGER MARKET

     

    INTRODUCTION

     

    Many EVs have their chargers hardwired rather than plugged into a 240-volt outlet, which provides a more permanent and clean installation, and it may be needed in particular situations (such as outdoors) and localities. This is the sole choice if you choose a 48-amp or higher unit. 

     

    With the sudden surge in popularity of electric vehicles, new propellant loading habits are emerging. When evaluating electric vehicle supply equipment, it’s critical to comprehend the three main types of EV charging levels (Level 1, 2, and 3), their corresponding charge rates, and the common use cases for each. This rudimentary Level 1 adapter would be the first Recharging capacity. The Level 1 charging just charges from a typical 120V residential socket, providing only roughly 4 to 5 miles on a charge per hour.

     

    infographic: 48Amp EV Charger Market, 48Amp EV Charger Market Size, 48Amp EV Charger Market Trends, 48Amp EV Charger Market Forecast, 48Amp EV Charger Market Risks, 48Amp EV Charger Market Report, 48Amp EV Charger Market Share

     

    Each electric vehicle produced now has a conventional 120-volt rechargeable battery, and maybe some companies include a dual 120-volt / 240-volt charging cable. Nevertheless, most of these multi voltage levels are poorly rated and require a significant longer to charge. The Level 2 adapters are capable of delivering up to 80 amps of power. However, this needs a 100-amp 208-240V secure channel as well as a hefty, expensive supply route first from the main switchboard. Usually homeowners will be very well supplied by a 40-amp charger capable of delivering 9.6 kW towards the Vehicle.

     

    A 48-amp charger could recharge at 11.5 kW speedier, but somehow it demands a larger gauge cable and therefore must be soldered to compliance also with NEC standards. As a result, 48-amp chargers might be much more expensive than 40-amp chargers while only providing somewhat quicker charging. Whether you have 415-volt multiple energy available, Level 2 charging can be increased to 22kW capacity but it’s worth remembering that certain EVs would only recharge at a capacity of 7.6kW.

     

    However, a charger that can be plugged into a 240-volt outlet has some advantages. One advantage is that it may be moved to any other position with a compatible outlet, and even if you never do this under normal conditions, moving to a new house won’t necessitate hiring an electrician to liberate your property. A 240-volt outlet in your garage could also be useful for other things, such as a heater.

     

    GLOBAL 48 AMP EV CHARGER MARKET DYNAMICS

     

    Sr. No. Timeline Company Updates
    1 November 2021 Tritium & EVCS Tritium collaborated with fast charging network operator EVCS to deploy over 500 new EV fast chargers in California, Oregon, and Washington.
    2 October 2021 Uber and Wallbox N.V. Uber and Wallbox N.V. announced a strategic partnership to simplify the transition to electric vehicles for Bay Area rideshare drivers using Uber. Under the partnership, drivers using Uber will be provided with an easy-to-use and affordable one-stop shop for home charging solutions.
    3 October 2021 Tritium & ChargeNet Tritium partnered with EV charging network operator ChargeNet with a plan to install RTM direct current (DC) fast chargers at South San Francisco Taco Bells to address this challenge.
    4 May 2021 JuiceBar & UFODRIVE JuiceBar announced a new strategic partnership with UFODRIVE to bring significant benefits and cost savings to the fast-growing electric vehicle fleet performance.
    5 May 2021 JuiceBar & NZM Solutions JuiceBar partnered with NZM Solutions for commercial EV charging design and deployments.

     

    The growth of the Electric Vehicle Market has been mostly driven by increased R&D throughout the world. Individuals all around the world are becoming more interested in and adopting EVs (Electric Vehicles). Increased investment in battery systems and high stakes in energy efficient technologies are fuelling automakers’ demand for electric cars. Furthermore, the governments of the nations are developing measures to improve the pace of Adoption of electric vehicles.

     

    Financial commitments in EV charging networks have already been stalled as a result of public prohibitions and countrywide shutdowns affecting most EVSE (Electric Vehicle Supply Equipment) companies globally. In the United Kingdom, for example, intracity and Pod Point have delayed the development of additional supercharger stations for a Go Ultra Low Cities Agreement’s second stage. Electric cars have gained prominence. They provide a pathway for increased energy efficiency and lower pollution and greenhouse gases. The key elements driving this rise are rising environmental issues and government incentives measures.

     

    Furthermore, in order to stimulate economic expansion, several administrations in devastated countries have resorted to infrastructure reconstruction. Several governments are investing in charging infrastructure, either directly in charging points or indirectly by subsidising the installation of corporate charging points at households and workplaces.

     

    Electric mobility stakeholders are continually investing in the research and development of fast-charging systems. In Europe and China, and there is a scarcity of dedicated private garages with home charging capabilities, public fast-charging stations might be ideal options for promoting the rapid adoption of electric battery cars. The most advanced charging mechanisms

     

    GLOBAL 48 AMP EV CHARGER MARKET SEGMENTATION

    The Global 48 AMP EV Charger Market can be segmented into following categories for further analysis.

     

    By Application

    • Entry Level Vehicles
    • Mid-Level Vehicles
    • Luxury Class Vehicles

     

    By Product Type

    • Residential Charger Systems
    • Commercial Charger Systems
    • Industrial Charger Systems

     

    By Operational Focus Type

    • 150 to 1000 mAh
    • 1500 2500 mAh
    • 3000 mAh and Above

     

    By Architecture Type

    • Hybrid Propulsion Vehicle
    • BEV
    • PHEV

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL 48 AMP EV CHARGER MARKET

     

    Sr. No. Timeline Company Updates
    1          December 2021 Tritium Tritium Holdings Pty Ltd unveiled the PKM, the Company’s new architecture and line of fast chargers, designed to break the linear relationship between the power conversion equipment, which manages the electrical grid feed to the site, and charger power output, which manages electricity delivery to an EV.
    2 November 2021 Wallbox Wallbox announced the launch of Eco-Smart and Power Boost, the company’s first home energy management features available for EV drivers in the U.S. Eco-Smart and Power Boost come standard with Pulsar Plus, the smallest available smart home EV charger in North America, capable of 48Amp (11.5kW) charging.
    3 July 2021 Wallbox Wallbox launched the all-new 48Amp Pulsar Plus, designed to give drivers of next generation 48Amp compatible EVs the option of a more powerful home charger.
    4 July 2020 JuiceBar JuiceBar launched an innovative line of chargers that deliver the safest and fastest Gen 3 48-amp electric vehicle charging experience and which do not require network servicing agreements.

     

    The Levels 1 & 2 equipment is essentially entirely different, properly known as an EVSE (electric vehicle maintenance and repairs or assistance or support). EVSEs are indeed very basic devices that are built to assure safety and interoperability. The following items happen regardless as to whether the cable has a Tesla connection or the other universal pistol grip, which is called that after SAE Worldwide recharging benchmark of J1772.

     

    The much more fundamental EVSE consists of a ground-fault circuit isolator, simple switches, and hardware which indicates the amount of electricity this could supply to an EV.

     

    The EVSE, whether it’s at residence and in a public place, will not supply high voltage towards the cable till the connection is connected to the EV. The automobile senses when the connection is fitted. receiving indicator indication from the EVSE, which shows that however much electricity it can supply. Many Car owners have their adapters connected rather than plugged into a 240-volt outlet, which means a more durable and hygienic connection, and it may be needed in particular applications and towns.

     

    This is the sole choice if you choose a 48-amp or greater unit. However, there are advantages to using a charger that can be plugged into a 240-volt socket. Traditionally, when a company supplied independent plug-in and hard – wired models of the same machine, the connection contributed further cost; however, Juicebox appears to be defying this trend by charging a tiny premium for hardwired units, all else being equal. Installing an outlet but instead of immediate splicing wires would also be an option.

     

     

    GLOBAL 48Amp EV CHARGER  MARKET SIZE AND FORECAST

     

    The Global 48Amp EV Charger Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

     

    GLOBAL 48Amp EV CHARGER  NEW PRODUCT LAUNCH

    Wallbox expands its North American product portfolio with a 48Amp version of their best-selling home charger.

     

    With the debut of a new 48-amp Level 2 charger, JuiceBar, a commercial EV charger maker based in Connecticut, has entered the home charging market.

     

    COMPETITIVE LANDSCAPE

     

    Sr. No. Timeline Company Sales
    1 Q3-2021 Wallbox Wallbox reported third quarter revenue of $22 million, up nearly 250% year-over-year driven by its accelerated growth in some of the world’s largest EV markets, such as Germany and the UK, and successful entry into new markets like the U.S.
    2 H1-2021 Nichicon Corporation Nichicon Corporation recorded net sales of ¥ 65,075 million ($ 560M), a 21.4% increase from net sales of ¥ 53,600 million ($ 461M) which was recorded last year in the same quarter.

     

    So even though diesel fuel is a fossil fuel, it is not a renewable source of energy and will be depleted in the long term. It is critical to discover and deploy alternative energy sources to achieve sustainable development. This entails the usage of electric cars, that would not require gasoline and are more cost effective than traditional automobiles.

     

    In comparison to a gas-powered car, an electrical vehicle transfers more than half of the electromagnetic power source to energy from the grid. This same United States, Germany, France, and China have enacted rigorous government rules and regulations governing vehicular emissions, requiring automotive makers to adopt innovative technology to battle high-emission levels in automobiles.

     

    ClipperCreek Inc. is part of the growing requirements and developments of the EV Charging capabilities in the current globe market. The HCS-60 has been one of Clipper Creek’s most recent high-quality, high-power, low-cost supercharger stations.

     

    For a comprehensive list of any and all contemporary electric cars, as well as the anticipated time it takes to recharge from emptiness through full use of a variety of ClipperCreek charging stations, go here. It works with all EVs and is especially well-suited for hybrid electric vehicles such as the Audi e-Tron SUV, Mercedes B Class, Tesla Model 3, Tesla Model X, and others. These contain an automated Circuit Treatments consisting of a feature, which means that if there is a slight power outage, the built-in reclosure timer will maintain re-checking parameters and recharging as soon as feasible. It also includes a Ruggedized HCS-60R (0920-01-000) designed for commercial, parking structure, and extreme weather environments.

     

    Juice Bar is an EV car charging innovator who is dedicated to building a national EV supercharger network. When contrasted to other Level 2 adapters, those 48 Amp EV industrial power supplies include unique safety features, OCPP connection, and charge speeds that are 60-250 percent quicker. They have been known for our cutting-edge technology, better user experience, custom-branded charging layouts, and willingness to guide and lead consumers through a cost-effective migration to e-mobility products.

     

    All EV models will be compatible with the Cheetah. This residential model will be offered in 32, 40, and 48-amp models, with twin security switches, a sophisticated smartphone app, and a 3-year guarantee. The extra-long 25-foot chord and a cord retractor are available as accessories.

     

    COMPANY PROFILE

    1. Wallbox
    2. JuiceBar
    3. NEC Corporation
    4. ABB
    5. Tritium Pty Ltd
    6. Circontrol
    7. DBT
    8. Signet EV
    9. Schneider Electric
    10. Siemens AG
    11. Efacec Electric Mobility
    12. GS Yuasa Corporation
    13. Nichicon Corporation
    14. Tesla Motors, Inc.

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per Global 48Amp EV Charger Market right now and how will it change in next 5-6 years? 
    2. Average cost to set up a Global 48Amp EV Charger Market in US, Europe and China?
    3. How many Global 48Amp EV Charger Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally? 
    5. Cost breakup of a Global 48Amp EV Charger Market and key vendor selection criteria
    6. Where is the Global 48Amp EV Charger Market manufactured? What is the average margin per equipment?
    7. Market share of Global 48Amp EV Charger Market manufacturers and their upcoming products
    8. The most important planned Global 48Amp EV Charger Market in next 2 years
    9. Details on network of major Global 48Amp EV Charger Market and pricing plans
    10. Cost advantage for OEMs who manufacture Global 48Amp EV Charger Market in-house
    11. 5 key predictions for next 5 years in Global 48Amp EV Charger Market
    12. Average B-2-B Global 48Amp EV Charger Market price in all segments
    13. Latest trends in Global 48Amp EV Charger Market, by every market segment
    14. The market size (both volume and value) of Global 48Amp EV Charger Market in 2022-2027 and every year in between?
    15. Global production breakup of Global 48Amp EV Charger Market, by suppliers and their OEM relationship
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

    0
      0
      Your Cart
      Your cart is emptyReturn to Shop