Technology
Europe’s EV Charging Connector Market to Grow by USD 58.6 Million from 2024-2028, Driven by Rising EV Adoption, with AI’s Influence on Market Trends – Technavio Report
Published
2 years agoon
By
NEW YORK, Aug. 26, 2024 /PRNewswire/ — The electric vehicle (EV) charging connector market in Europe size is estimated to grow by USD 58.6 millionn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 19.09% during the forecast period. Increasing adoptions of EV is driving market growth, with a trend towards emergence of connected EVs. However, strong dominance of ICE-powered vehicles poses a challenge. Key market players include ABB Ltd., Alfen NV, Allego BV, Amphenol Corp., BP Plc, ChargePoint Holdings Inc., Efacec, Fujikura Co. Ltd., HUBER SUHNER AG, ITT Inc., Lumberg Holding GmbH and Co. KG, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE, and Yazaki Corp..
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Electric Vehicle (EV) Charging Connector Market In Europe Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 19.09%
Market growth 2024-2028
USD 58.6 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
15.48
Regional analysis
Europe
Performing market contribution
Europe at 100%
Key countries
France, Germany, UK, Norway, and Rest of Europe
Key companies profiled
ABB Ltd., Alfen NV, Allego BV, Amphenol Corp., BP Plc, ChargePoint Holdings Inc., Efacec, Fujikura Co. Ltd., HUBER SUHNER AG, ITT Inc., Lumberg Holding GmbH and Co. KG, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Sumitomo Corp., TE Connectivity Ltd., Tesla Inc., Webasto SE, and Yazaki Corp.
Market Driver
The European Electric Vehicle (EV) charging connector market is set to experience substantial growth due to advancements in EV technology. A primary challenge hindering EV adoption is range anxiety. To address this issue, EV manufacturers are developing connectivity modules to reduce range anxiety. Connected EVs offer solutions such as real-time battery management, online charging station booking, navigation assistance, and data on battery performance. These features alert users when battery levels are low and provide information on nearby charging stations. Manufacturers like Nissan and BMW are investing in connected EV technology, offering applications like Nissan’s EV-IT and BMW i Remote to monitor battery information, charging data, and find charging stations. Companies like EV Connect are also developing cloud-based technologies, such as The EV Connect app, which uses location services to help drivers find, access, and pay for charging. The proliferation of connected EVs is expected to alleviate range anxiety, boosting EV demand and driving the need for EV charging connectors in Europe.
The European Electric Vehicle (EV) charging connector market is experiencing significant growth due to increasing government assistance, tax breaks, grants, and subsidies to promote the adoption of EVs. With rising pollution levels and stricter emission norms, there is a growing demand for EVs and charging infrastructure. EV charging connectors come in various types, including residential charging, charging bases, and charging stations, which offer different charging power sources and charging times. Charging power sources range from electricity to hybrid technology, with charging time varying from slow to fast, depending on the charging level (Level 1 to Level 3) and charging power output (AC and DC). The market is witnessing a shift towards DC fast charging, with connectors like Type 1 and Combined Charging System addressing overheating issues. Incentives such as tax credits and installation services are also driving the growth of the charging network. Public charging stations are becoming more common, offering various power sources and charging speeds to meet the diverse needs of EV users.
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Market Challenges
The European Electric Vehicle (EV) charging connector market faces a significant challenge due to the continued dominance of Internal Combustion Engine (ICE) vehicles in the region. With approximately 90% of all vehicles on European roads being ICE-powered, the automotive sector, which contributes around 4% to the EU’s GDP, primarily generates revenue from their sales. Preference for SUVs, predominantly diesel-powered, remains high in Europe, making ICE vehicles popular. Despite efforts to reduce EV costs and alleviate financial burdens, high upfront costs and limited EV infrastructure hinder their adoption. Infrastructure development delays and the lack of a diverse range of EVs further increase the appeal of ICE vehicles. These factors negatively impact EV sales, posing a threat to the growth of the European EV charging connector market during the forecast period.The European Electric Vehicle (EV) Charging Connector Market is experiencing significant growth as automakers introduce more environment-friendly vehicles. However, challenges persist in the sector. Hybrid technology and various charging levels, including Level 1, 2, and 3, require different connectors and power sources. Fast charging, from 200V to 600V, demands high power output, leading to overheating issues. AC and DC charging, with pins ranging from Type 1 to Combined Charging System, require different infrastructure at public charging stations. Incentives like tax credits and government subsidies are essential to boost the market. Automakers are innovating with electric car models and charging networks, offering installation services and site assessments. Fast-charging vehicles need 45 kW external chargers and 3-level charging levels. Despite these challenges, the EV sector continues to evolve, with battery technology and charging pole innovations driving progress.
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Segment Overview
This electric vehicle (ev) charging connector market in Europe report extensively covers market segmentation by
Charging 1.1 Slow charging1.2 Fast charging1.3 Rapid chargingGeography 2.1 Europe
1.1 Slow charging- In Europe, slow chargers are the most common type of Electric Vehicle (EV) charging solutions, providing an average charging power of 3 kW. These chargers come with either tethered or untethered cables and offer charging speeds between 3 kW and 6 kW. On average, an EV takes 6-12 hours to fully charge on a 3 kW unit. Most slow charging units are untethered and require a cable for connection to charging points. The majority of these chargers are installed in residential buildings, workplaces, and public areas. Although four types of slow charging connectors exist, Type 2 – 3 kW AC is the most widely used in Europe due to its compatibility with EVs and public charging points. Slow chargers offer several advantages, including affordability, ease of installation, and extended battery life. They do not require additional equipment and are less expensive than fast and rapid chargers. Slow charging systems also reduce the impact on power grids and contribute to the longevity of EV batteries. However, the slow charging segment is expected to lose market share due to the growing demand for rapid and fast chargers. This shift is driven by the need to overcome challenges related to EV mile range, the increasing focus on wireless charging systems, and the requirement for rapid charging on the move. Despite these challenges, slow chargers remain an essential component of the European EV charging infrastructure, providing cost-effective and convenient charging solutions for EV users.
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Research Analysis
The Electric Vehicle (EV) Charging Connector Market in Europe is experiencing significant growth due to the increasing adoption of environment-friendly vehicles. Electric Vehicle Connectors, also known as EV couplers, play a crucial role in the transfer of electricity from charging points to EVs. Charging points include charging poles, bases, and stations, which are available in various power sources and charging times. Residential charging is also gaining popularity, with incentives such as government subsidies, tax credits, and incentives driving demand. EV Charging Connectors come in different types, including Type 1 connectors with two pins, and the Combined Charging System (CCS) compatible with both AC and DC fast charging. Overheating issues have been a concern, but advancements in technology are addressing these challenges. The EV sector is subject to emission norms, and the shift towards electricity as a power source is a significant step towards reducing carbon emissions from automobiles.
Market Research Overview
The Electric Vehicle (EV) Charging Connector Market in Europe is witnessing significant growth due to the increasing adoption of environment-friendly vehicles, particularly fast-charging vehicles. Charging points are essential infrastructure for EVs, with charging poles providing power transfer from the grid to the battery. The EV sector is experiencing innovations in charging technology, including 45 kW external chargers and 3-level charging levels, which offer faster charging times and higher power output. Government subsidies, tax breaks, and grants are key drivers for the market, with many European countries providing incentives to encourage the transition to electric vehicles. Charging power sources range from residential charging to public charging stations, with various charging levels, including Level 1, Level 2, and Level 3 charging. Fast charging, which can provide 80% charge in 30 minutes, is gaining popularity, with DC fast charging offering higher power output and faster charging times. However, challenges such as overheating issues and the need for installation services and site assessments remain. The market is expected to continue growing as pollution levels and emission norms become stricter, and automakers introduce new electric car models. The use of AC and DC charging, as well as Volt AC plugs and Combined Charging Systems, is also becoming more common.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
ChargingSlow ChargingFast ChargingRapid ChargingGeographyEurope
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Technology
Axon Announces Body 5: Next-Generation Camera Built for the AI Era
Published
5 hours agoon
October 24, 2026By
Axon Body 5 delivers 25x the AI processing power of earlier-generation cameras, with upgraded connectivity, audio and battery life to support real-time situational awareness in the field
SCOTTSDALE, Ariz., Oct. 24, 2026 /PRNewswire/ — Axon (Nasdaq: AXON), the global leader in public safety technology, today announced Axon Body 5, its newest body-worn camera designed to bring more powerful intelligence, connectivity and real-time support directly to officers in the field.
For years, Axon body cameras have helped agencies capture critical evidence and create greater transparency. Body 5 is built to help officers during the call, with information, assistance and backup on the spot.
“Officers shouldn’t have to choose between getting information and watching the scene. With Axon Body 5, they don’t,” said Rick Smith, Axon Founder and CEO. “They capture a license or document with the camera, keep their hands free and eyes up, and get information faster than writing it down and calling it in by radio. An officer fully engaged with the person in front of them, not down at a notepad, is a safer officer and a better-served community.”
Axon Body 5: Built for the AI Era
Built from the ground up for the AI era, Axon Body 5 delivers 25x the AI processing power than earlier generation Axon body cameras, alongside advancements in connectivity, audio, video and battery life. Together, these upgrades give the camera the physical power to run smarter AI features — both today and as new AI tools are developed in the future — while also making it more dependable for officers to use every day.
For the first time, Axon is also introducing two versions of its latest flagship camera: Axon Body 5 and Axon Body 5 Pro.
Both models feature several key advancements, including:
25x more processing power for AI: A powerful new computing architecture creates the capacity to support current and future AI features directly on the body camera.Enhanced video: Improved video captures clearer evidence across challenging environments, including better low-light performance.Improved connectivity: Seamless connectivity in urban and remote environments – and more precise location capability – helps officers, cameras and remote support teams stay connected when timely information matters most.Longer battery life: 20% more battery life than the previous generation helps keep the camera ready and connected throughout an officer’s shift.
The Axon Body 5 Pro will continue to gain new AI capabilities as they become available, growing along with the AI Era Plan. Additionally, new hardware features include:
A near-focus camera: An additional dedicated camera lens lets officers scan driver’s licenses to check status and search for wants or warrants in seconds, without returning to the patrol vehicle, with relevant information sent to Axon Fusus to support real-time operations.Front-facing speakers: Four additional speakers project even more powerful audio toward the person an officer is speaking with, helping real-time translations from Axon Assistant carry more clearly over heavy traffic or crowd noise. Additional memory: Extra space lets the camera run several AI tools at once, helping officers stay better informed and work faster.
Bringing More of Axon’s AI Era Into the Field
Axon Body 5 helps officers get more out of the Axon AI Era Plan by bringing smart tools right to the scene. Axon’s portfolio already supports public safety professionals across a growing range of tasks. For example, Draft One helps officers turn body-camera audio into high-quality report drafts and Axon Assistant provides voice-based information access and real-time translation.
Increasingly, Axon is also bringing AI into real-time operations.
Axon Guardian is a new category of AI features within the AI Era Plan that was specifically created to work with an officer’s field-based devices – starting with body cameras and in-car cameras – to improve safety. Guardian is designed to flag potential risks as situations unfold and create alerts when additional attention may be needed. Two of the first features include:
Escalation Detection: When an Axon Body 4 or Axon Body 5 camera is activated and recording, Guardian has the ability to detect potential conflicts in real time and create an alert in Axon Fusus. A human reviews the livestream and decides if additional support or action is needed.Approach Alert: When active on Axon Fleet 3, Guardian can detect if the door of a stopped vehicle opens and alert the officer through the in-car display and their body-worn camera.
Combined, Axon Body 5 and the expanding AI Era portfolio demonstrate the importance of AI as a critical resource to assist public safety professionals before, during and after an incident — reducing administrative burden, improving situational awareness and helping protect more lives.
Innovating Responsibly
Axon’s Responsible Innovation framework guides the development of all of its products. Designed with this in mind, Axon Body 5 and Guardian prioritize human oversight and maintain agency control over data. As a key part of the responsible innovation process, Axon’s independent Ethics and Equity Advisory Council was created to help responsibly develop and deploy new technologies with transparency, while aligning with community expectations.
General availability dates for Axon Body 5 and Axon Guardian will be announced soon. Product features and capabilities vary by configuration. For more information on Axon’s current products and services: Axon Product Catalog – Axon.com.
About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon’s growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today’s connected network of hardware – including cameras, drones, and robotics – cloud software, sensors, and AI-tools, the Axon ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon’s independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon’s Responsible Innovation framework at Axon Responsibility.
Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information.
Media Contact:
Kate MacKinnon
Vice President, Communications
press@axon.com
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SOURCE Axon
Technology
In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design
Published
6 hours agoon
October 24, 2026By
The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.
ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.
The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.
The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.
Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.
The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.
Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.
Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.
Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.
The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.
As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.
A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.
About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.
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SOURCE HelloNation
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World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang
Published
7 hours agoon
October 24, 2026By
WENZHOU, China, Oct. 24, 2026 /PRNewswire/ — This is a report by China Daily:
On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.
He Junke, Vice President of CAST in charge of daily work and First Secretary of its Secretariat; Lian Yimin, Chairman and Party Group Secretary of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference; Marcelo Knobel, Executive Director of The World Academy of Sciences; and Zhang Zhenfeng, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Wenzhou Municipal Committee, attended the summit and delivered remarks. Yao Gaoyuan, Vice Governor of the Zhejiang Provincial People’s Government, presided over the first segment of the plenary session.
With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.
Efim Zelmanov, Fields Medalist and Foreign Member of the Chinese Academy of Sciences; Chen Yunji, Deputy Director of the Institute of Computing Technology, CAS, and Director of the National Key Laboratory of Processor Chips; Mary Garson, President of the International Union of Pure and Applied Chemistry; and Lu Chaoyang, Member of the Standing Committee of CAST, Executive Dean of the Shanghai Institute of Advanced Study, University of Science and Technology of China, and Chairman of the Council of the World Association of Young Scientists, delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.
This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.
Chen Tianrun, Founder of Hangzhou Moxin Technology Co., Ltd.; Yuan Yang, Assistant to the Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University; and two of the 2026 Sustainable Development Young Scientist Award winners, César de la Fuente and Nicola Segata, among other Chinese and foreign young scientist representatives, spoke at the flash-talk session to share their research practices and reflections.
In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.
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SOURCE China Daily
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