Global Electric Vehicle Communication Controller Market was valued US$ XX Mn in 2018 and is expected to reach XX Mn by 2026, at a CAGR of XX % during a forecast period.




Global Electric Vehicle Communication Controller Market




EV communication controller is a key component, which supports communication between a vehicle and a charger for the rapid charging of an electric vehicle. It consists of international standard of electric car charger ISO15118 and DIN70121, which can work with the smart grid to deliver high-quality electric car information service.




Growing pollution and threat of global warming have heightened the requirement to replace petroleum-fueled vehicles with emission-free substitutes. After the innovations in R&D of the automotive sector, the industry has found electric vehicles as the best suitable substitute for traditionally fueled vehicles, resulting in the boom of electric vehicles. The growing demand for alternative fuel vehicles is expected to boost the growth in global electric vehicles.




The wireless charging segment is expected to grow at a XX % rate of CAGR during the forecast period. The wireless charging technology gives the freedom of quick and easy connectivity with a safe interface and user-friendly operation. The increasing preference of consumers towards wireless connectivity is expected to drive the wireless chargers for electric vehicles. Consumers want to get rid of wired connectivity owing to its complexity and insecure interface.




The commercial vehicle segment is expected to share significant growth in the global electric vehicle communication controller market. The growing trend of replacement of fossil fuel-based public transport fleet with electric buses is expected to drive the growth of electric commercial vehicles during the forecast period. Several countries across the globe are expected to replace their existing fuel-based bus fleet with electric buses during the forecast period.




Geographically, Europe region is estimated to hold the dominant position in the global electric vehicle communication controller market. The dominant position in the market is attributed to the strict emission regulation standards to cope with increasing emissions in the region. The demand for electric vehicle communication controllers has augmented tremendously owing to their focus on zero or low emission vehicles. Infrastructural expansions and industrialization in developed economies have unlocked new opportunities for an original equipment manufacturer.




The Asia Pacific region is projected to be a leading region in the global electric vehicle communication controller market. The governments of developing economies have adopted and implemented favourable policies to promote electric vehicles. For instance, the Government of India, has announced plans for financial support to increase the adoption of electric vehicles. For e.g. -a zero-rated goods and services tax (GST) for a window of 3 years for EVs and a scheme, which is known as faster adoption and manufacturing of hybrid and electric vehicles.




The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global electric vehicle communication controller market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global electric vehicle communication controller market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging their efforts and investment in the near future to a particular market segment.




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Scope of the Report for Global Electric Vehicle Communication Controller Market




Global Electric Vehicle Communication Controller Market, By System




EV Communication Controller (EVCC)
Supply Equipment Communication Controller (SECC)

Global Electric Vehicle Communication Controller Market, By Charging Type




Wired Charging (Plug-In)
Wireless Charging (Inductive Charging)

Global Electric Vehicle Communication Controller Market, By Electric Vehicle Type




Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)

Global Electric Vehicle Communication Controller Market, By Vehicle Type




Passenger Car (PC)
Commercial Vehicles (CV)

Global Electric Vehicle Communication Controller Market, By Region




North America
Europe
Asia Pacific
Middle East & Africa
South America

Key players operating in Global Electric Vehicle Communication Controller Market




LG Innotek
Tesla
BYD Auto
Schneider Electric
ABB
Ficosa
Leviton
Blink Charging
Clippercreek
Semaconnect
Webasto
Bosch
Vector
Siemens
Efacec
Engie
Mitsubishi Electric
Opconnect
Evgo
Volta
EV Safe Charge
Chargepoint
Pulse Charge
BP Chargemaster
Pod Point
ECOG
New Motion B.V
Alfen
Allego
Ionity
Wallbox
Heliox
Spark Horizon




 

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