Market Share of High Power Charger For Electric Vehicle Industry
The high-power charger for electric vehicles market is moderately concentrated, with few players having no clear winner in the market. Key players in the market include ABB Ltd, Ev-Box BV, IES Synergy, Garo AB, XCharge Inc., and Tesla Inc., which constitute over 30% of the market.
Various initiatives done by companies have led them to strengthen their presence in the market. For example,
• In September 2023, Hitachi Industrial Products announced the launch of a high-capacity multi-port EV charger (250 kW and 500 kW). This will enable to shorten the charging time and eliminate charging congestion by increasing the number of vehicles to be charged simultaneously.
EV High Power Charger Market Leaders
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ABB Ltd
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Tesla Inc.
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EV-Box BV
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IES Synergy
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Siemens AG
*Disclaimer: Major Players sorted in no particular order
