Electric Vehicle Charger (EVC) Market Outlook and Forecast Analysis by Types to 2022

Global Electric Vehicle Charger (EVC) Market is segmented on the basis of type as wireless, AC, and DC. Among all the types, AC segment is taking up the largest share in the market. Electric Vehicle Charger is a device that serves the purpose of recharging various electric vehicles entailing electric cars, neighborhood electric vehicles, plug-in electric vehicles, as well as plug-in hybrids. It is employed to transfer electrical energy in rechargeable batteries that are placed in cars by imposing electric current. It is also popularly known in its abbreviated form that is EVC. The device has been proven quite beneficial to various end users ranging from an EV driver, utility company, municipality, to a commercial business industry. It is said that the charges may differ from 1 kW to 7.5 kW.