Press Releases

The global electric vehicle communication controller market is expected to grow at a CAGR of 34.6% during the forecast period with its market size predicted to reach USD 0.64 billion by 2030. Increasing penetration of wireless or inductive charging techniques will further accelerate the market growth of electric vehicles with several benefits offered, including complete autonomy, no need for cables and bulky charging equipment, and smaller battery units. This will act as an opportunity for the global electric vehicle communication controller market shortly.  

Global Electric Commercial Vehicle Market Segmentation and Key Players

Plug-In Hybrid Electric Vehicle (PHEV) accounted for a foremost share in the electric vehicle communication controller market in 2023

Based on electric vehicle type, the market is subdivided into battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). Of both the EV types, the PHEV accounted for a foremost share in the EVCC market, owing to the hybrid structure which allows users to drive long distances by charging the battery through both regenerative braking and plug-in to an external source of electrical power.

Geography Insight                     

Geographically, APAC, mainly China is the largest electric vehicle communication controller market as in the region, owing to the largest (around 2.3 million) electric vehicle running on the road. In addition, the region also accounts for noteworthy investment in battery manufacturing, which will further surge the growth of the China electric vehicle communication controller market in years to come.

Competitive Insight

Some of the key players operating in the global electric vehicle communication controller market are Tesla, Inc., LG Innotek, BYD Auto, Schneider Electric, ABB Ltd., Robert Bosch GmbH, Ficosa International S.A., Mitsubishi Electric, Siemens AG, and Vector.

Key Takeaway from the Report:

• Among all the systems, the electric vehicle communication controller segment is expected to grow at the fastest rate in the market.
• Of all the charging types, plug-in charging type accounted for the foremost share in the electric vehicle communication controller market in 2023.
• Among all the electric vehicle types, the plug-in hybrid electric vehicle accounted for the foremost share of the electric vehicle communication controller market in 2023.
• Of all vehicle types, the passenger car category held the largest share in the electric vehicle communication controller market in 2023.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue (USD Million) and volume (Thousand Units). The report segments the global electric vehicle communication controller market based on system, charging type, electric vehicle type, vehicle type, and region.

Global Electric Vehicle Communication Controller Market Coverage

System Insight and Forecast 2025-2030

• Electric Vehicle Communication Controller (EVCC)
• Supply Equipment Communication Controller (SECC)

Charging Type Insight and Forecast 2025-2030

• Plug-In
• Inductive

Electric Vehicle Type Insight and Forecast 2025-2030

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

Vehicle Type Insight and Forecast 2025-2030

• Passenger Car
• Commercial Vehicle

Geographical Segmentation

Electric Vehicle Communication Controller Market by Region

North America

• By System
• By Charging Type
• By Electric Vehicle Type
• By Vehicle Type
• By Country – U.S., Canada, and Mexico

Europe

• By System
• By Charging Type
• By Electric Vehicle Type
• By Vehicle Type
• By Country – Germany, U.K., France, Spain, Norway, Denmark, Netherlands, Austria, Switzerland, Sweden, and Rest of Europe

Asia-Pacific (APAC)

• By System
• By Charging Type
• By Electric Vehicle Type
• By Vehicle Type
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By System
• By Charging Type
• By Electric Vehicle Type
• By Vehicle Type
• By Country – Brazil, South Africa, Saudi Arabia, and Other Countries