28.02.2020 Шоубизнес и светская жизнь

Electric Vehicle Communication Controller Market Analysis Report 2024

The requirement for electric vehicles across the world is increasing rapidly due to the growing levels of pollution. People are becoming more and more aware regarding the degrading quality of the environment and thus are opting for vehicles that do not emit harmful fumes. The governments around the world are also providing support for increasing the adoption of electric vehicles. A major problem regarding the adoption of electric vehicles was the lack of electric vehicle charging infrastructure, which is why the governments are providing subsidies and tax exemptions to the charging infrastructure providers.

Attributed to these factors, the situation regarding charging infrastructure for electric vehicles is improving, which is further resulting in the growing demand for electric vehicle communication controller (EVCC). According to a study conducted by P&S Intelligence, in 2018, the global Electric Vehicle Communication Controller Market reached a value of $97.0 million and is expected to generate $553.4 million in 2024, advancing at a 34.8% CAGR during the forecast period (2019–2024). EVCC and supply equipment communication controller (SECC) are two types of systems used in electric vehicles, where EVCC implements a communication between the vehicle and SECC, and SECC implements a communication between one or multiple EVCCs for interaction with secondary actors.

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Market Segmentation by System
EVCC
By technology
Battery electric vehicle (BEV)
Plug-in hybrid electric vehicle (PHEV)
By vehicle type
Passenger car
Commercial vehicle
SECC
by Charging Type
Conductive
Inductive

Key Questions Addressed/Answered in the Report
What is the current scenario of the global electric vehicle communication controller market?
What are the historical size and the present size of the market segments and their future potential?
What are the major catalysts for the market and their impact during the short, medium, and long terms?
What are the evolving opportunities for the players in the market?
Which are the key geographies from the investment perspective?
What is the competitiveness of the major players operating in the market?