GLOBAL EV CHARGING INLET ACTUATORS MARKET

INTRODUCTION

Direct current (DC) must be supplied to the battery pack during EV charging. A converter is needed to give DC power to the battery because electrical distribution systems only supply alternating current (AC) power.

Both AC and DC can be used for conductive charging. An actuator is a part of a machine that moves and controls a mechanism or system, for instance by opening a valve. It is a "mover" to put it simply. 

GLOBAL EV CHARGING INLET ACTUATORS MARKET SIZE AND FORECAST

The Global EV charging inlet actuators market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

A novel EV charging inlet design is created by Lanxess. Plastics destined for charging infrastructure are in high demand due to the explosion in electric vehicle sales. Lanxess, a leader in specialty chemicals, thinks this presents a multitude of options for using its Pocan polyesters and Durethan polyamides.

A novel design idea for EV charging inlets has been developed by the business using its thermoplastic compounds. They are fitted into battery-powered automobiles and receive the external charging station's coupler for charging.

The design was developed by an application developer at the High Performance Materials (HPM) business unit. Their goal was to use a modular configuration to place the correct material in the right location to meet the complicated requirements applicable to the numerous components with the highest precision.

In order to keep costs down, screwless assembly and few components are required due to the high level of functional integration that is intended to make the overall unit as simple to build as feasible.

The design is the result of cooperative conversations with charging system manufacturers and utilises the knowledge that Lanxess has already gained from a variety of charging infrastructure development initiatives.

As a result, it also satisfies the desire of many manufacturers to have the ability to be as flexible as possible when it comes to charging inlet sealing.

For instance, O-rings, sealing cords, or family seals can be used, as can be employed lip seals produced in a two-component injection moulding process.

COMPANY PROFILE

• Lanxess
• ITT Cannon
• TE Connectivity
• Hella
• Eaton

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV charging inlet actuators are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV charging inlet actuators and key vendor selection criteria
3. Where are the EV charging inlet actuators manufactured? What is the average margin per unit?
4. Market share of Global EV charging inlet actuators market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV charging inlet actuators in-house
6. key predictions for next 5 years in Global EV charging inlet actuators market
7. Average B-2-B EV charging inlet actuators market price in all segments
8. Latest trends in EV charging inlet actuators market, by every market segment
9. The market size (both volume and value) of the EV charging inlet actuators market in 2023-2030 and every year in between?
10. Production breakup of EV charging inlet actuators market, by suppliers and their OEM relationship