Electric Vehicle Communication Controller - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Electric Vehicle Communication Controller market is accounted for $41.13 million in 2018 and is expected to reach $493.67 million by 2027 growing at a CAGR of 31.8% during the forecast period. Huge investments by automakers in electric vehicles, growing demand for electric vehicles and advancements in charging solutions are the major factors driving the market growth. However, the lack of standardized charging infrastructure is restraining market growth.
Electric Vehicle Communication Controller is the key component that acts to support communication between the charger and the vehicle for rapid charging. It majorly acts as a source to mutually exchange information between vehicle ECU and the external charger.
Based on Vehicle Type, the Commercial Vehicles (CV) segment is likely to have a huge demand as these vehicles are used for the transportation and delivery of heavy loads over long distance and require high range and reliability. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the initiatives taken by the governments of the developing economies as a result of the recognition of the growth potential of the electric vehicle market.
Some of the key players profiled in the Electric Vehicle Communication Controller Market include ABB, Blink Charging, Bosch, BYD Auto, Clippercreek, Efacec, Engie, Ficosa, Leviton, LG Innotek, Mitsubishi Electric, Schneider Electric, Siemens, Tesla, and Vector.
Charging Types Covered:
• Wired Charging (Plug-In)
• Wireless Charging (Inductive Charging)
• EV Communication Controller (EVCC)
• Supply Equipment Communication Controller (SECC)
Electric Vehicle Types Covered:
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
Vehicle Types Covered:
• Commercial Vehicles (CV)
• Passenger Car (PC)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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