EV communication controller is one of the major components in order to support communication between vehicle and charger for fast charging of electric vehicle. It acts as a medium to navigate the information between the external charger and vehicle ECU via communication. It ought to full fill the worldwide standard of electric vehicle charger ISO15118 and DIN70121, and are able to work with Smart Grid to give high quality electric vehicle information service.
MARKET SCOPE
The "Global Electric vehicle communication controller Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the electric vehicle communication controller market with detailed market segmentation by system, charging type, vehicle type and geography. The report provides key statistics on the market status of the leading electric vehicle communication controller market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- The global electric vehicle communication controller market is segmented on the basis of system, charging type, vehicle type.
- Based on system, the market is segmented as EV communication controller (EVCC) and supply equipment communication controller (SECC).
- Based on charging type, the electric vehicle communication controller market is divided into wired and wireless.
- On basis of vehicle type, the market is bifurcated into passenger car and commercial vehicle.
MARKET DYNAMICS
Drivers:
- Huge investments by auto manufacturers in electric vehicles
- Rise in demand for advancements in charging solutions.
Restraints:
- Unavailability of EV infrastructure would hinder the market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The electric vehicle communication controller market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Electric vehicle communication controller market in these regions.
IMPACT OF COVID-19 ON ELECTRIC VEHICLE COMMUNICATION CONTROLLER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the electric vehicle communication controller market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Electric vehicle communication controllermarket market are anticipated to lucrative growth opportunities in the future with the rising demand for Electric vehicle communication controller market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Electric vehicle communication controller market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- BYD Co Ltd.
- ENGIE
- Ficosa International S.A.
- LG INNOTEK
- Mitsubishi Electric Corporation
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG
- Tesla, Inc.