Electric Vehicle Charging Socket Market to Witness Robust Expansion by 2030
The Global Electric Vehicle Charging Socket Market size is expected to grow from USD 60.36 Million in 2022 to USD 257.81 Million by 2030, at a CAGR of 19.9% during the forecast period (2023-2030).
The electric vehicle's battery pack receives power from the onboard charger once it has been converted from AC to DC.