Engineered Polymers in Electric Charging Infrastructure Market | Top Players Market Insights, Company Size & Share, Growth rate, Historical data | Vantage Market Research
Engineered polymers are anticipated to witness high growth in demand over the coming years across various industry verticals as their application scope expands.
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Market Overview:
The Global Engineered Polymers in Electric Charging Infrastructure Market was valued at USD 145.2 Million in the year 2021 and is forecast to reach a value of USD 935.1 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 36.4% over the forecast period. Engineered polymers are used to make charging infrastructure components such as wall boxes, inductive charging systems, charging plugs, and sockets. Polybutylene terephthalate (PBT) and Polyamide (PA) manufacture setting infrastructure components. The increased production of high-performance electric automobiles that use wireless charging methods for high-voltage batteries is predicted to support the growing need for customized polymers.
With the rising need for electric charging infrastructure for vehicles such as cars, trucks, and passenger vehicles, the market is predicted to rise faster in the forecasted time. In addition, to minimize CO2 emissions and safeguard the environment, consumers are shifting their preferences from traditional ICE-based vehicles to electric vehicles, which is predicted to increase the number of charging facilities and influence the Engineered Polymers in Electric Charging Infrastructure market.
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Some of the key players operating in the Engineered Polymers in Electric Charging Infrastructure Market are listed below:
|
Company Name |
Revenue in the US |
|
$437 Million |
|
$204 Million |
|
$457 Million |
|
$1 Billion |
|
$19 Billion |
|
$74 Billion |
|
$70 Billion |
|
$53 Billion |
AeroVironment, Inc. was founded in 1971 and had headquarters in Virginia, United States. This Company design, develops, and produces small, uncrewed aircraft and fast charge systems for electric industrial vehicle batteries. In addition, the Company offers long-range tracking antennas, sensors, and missile systems. AeroVironment markets its products in the United States.
Charge Point, Inc. is a public electric vehicle charging network. The Company offers annual subscriptions to cloud-based service options that include tools, data, payment processing, and driver support. Charge Point serves corporations, utilities, governments, shopping malls, and parking service providers worldwide. The Company was established in 2007 and is headquartered in Campbell, California.
ClipperCreek, Inc., founded in 2006, is a prominent maker of EVSEs (Electric Vehicle Supply Equipment). EVSEs are charging stations, EV charging stations, or sometimes just charging stations. A charging station is a piece of electrical safety and communication equipment that allows users to safely and reliably recharge their electric vehicles. ClipperCreek offers various charging stations that can suit any customer's need.
Founded in 1906, Leviton Manufacturing Co., Inc. has headquarters in New York, USA. Leviton Manufacturing Company Inc. manufactures wiring products. The Company offers products including electrical wiring devices, energy management, network solutions, electric vehicle charging, surge protection, and temporary power for the electrical industry. Leviton Manufacturing supplies its products internationally.
Founded in 1911, Eaton Corp has its headquarters in Dublin, Ireland. Eaton has been in the power management industry for almost a century. The Company's categories include electrical goods, electrical systems and services, airplanes, vehicles, and, most recently, e Mobility. Eaton's portfolio can be separated into two parts. One component of its business is its industrial sector, which serves various end markets such as commercial vehicles, general aviation, and trucks. Eaton's electrical sector portfolio includes services data centers, utilities, and the home end market. While the corporation obtains beneficial tax treatment as an Irish domiciliary, most operations are conducted in the United States.
Founded in 1892, General Electric Company has its headquarters in Massachusetts, US. General Electric Company is a global technology and financial services conglomerate. Items and services offered by the company range from aviation engines, power production, water processing, and household appliances to medical imaging, corporate and consumer financing, and industrial products.
Founded in 1847, Siemens AG has its headquarters in Munich and Berlin, Germany. Siemens AG (Siemens) is a multinational technology corporation. Its operations span the disciplines of electrification, automation, and digitalization. The firm creates, develops, and manufactures items and installs complicated systems and projects. It also offers a wide range of customized solutions for specific needs. The Company's primary focus is on electrification, automation, and digitalization. In addition, Siemens provides engineering solutions in automation and control, electricity, transportation, and medical diagnosis.
Founded in 2003, Tesla has its headquarters in Texas, United States. Tesla Inc. (Tesla) is a car and energy firm. It develops, manufactures, sells, and rents electric vehicles and energy generation and storage solutions. The Model Y, Model 3, Model X, Model S, Cybertruck, Tesla Semi, and Tesla Roadster are all manufactured and sold by the business. Tesla also installs and maintains energy systems, sells solar energy, and provides end-to-end sustainable energy goods such as generation, storage, and consumption. In addition, through a network of company-owned stores and galleries, it markets and sells vehicles to consumers. The corporation has production sites in the United States, Germany, and China, as well as operations in the Asia Pacific and Europe. Tesla's headquarters are in Austin, Texas, in the United States.
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