Global Power Module for EV Charger Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Power Module for EV Charger Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Power Module for EV Charger market size was valued at USD 924.3 million in 2022 and is forecast to a readjusted size of USD 3419.1 million by 2029 with a CAGR of 20.5% during review period.

Power Module for EV Charger is the only core product with technical threshold in the entire charging pile industry.

As the core component of the charging pile, the Power Module belongs to a large category of power supply products. Its core function is to convert the AC power in the grid into DC power that can charge the battery. The charging module not only provides energy and power, but also controls and converts the circuit, which ensures the stability of the power supply circuit and is suitable for charging various types of power batteries. The performance of the Power Module not only directly affects the overall performance of the charging pile, but is also related to charging safety issues, and is the core of building a high-power charging infrastructure.

Power Module is mainly composed of: semiconductor power devices, integrated circuits, magnetic components, PCB, capacitors, chassis fans, etc. The key of the Power Module is the MOS tube switch. When the charging module is working, the three-phase AC power supply is rectified and filtered, and then becomes a DC input voltage for the DC/DC conversion circuit. The controller acts on the power switch MOS tube through the drive circuit to convert the rectified and filtered DC voltage into an AC voltage, and the AC voltage at this time is pulse width modulated. Then, the AC voltage is transformed and isolated by the high-frequency transformer, rectified and filtered again to obtain a DC pulse, and then charged to the battery pack.

Enterprises with power module production capacity can be roughly divided into two categories: one is mainly engaged in the production and operation of charging piles, which are mainly used for self-production. One type is a Power Module supplier mainly supplying to charging pile production enterprises.

Global 5 largest manufacturers of Power Module for EV Charger are TELD, UUGreenPower, Infy Power, TonHe and Increase, which make up over 59%. Among them, TELD is the leader with about 21% market share. Asia-Pacific is the largest market, with a share about 84%, followed by North America and Europe, with the share about 9% and 7%. In terms of product type, 30KW and Below occupy the largest share of the total market, about 96%. And in terms of product Application, the largest application is Passenger Car, followed by Commercial Vehicle.

The Global Info Research report includes an overview of the development of the Power Module for EV Charger industry chain, the market status of Commercial Vehicle (30KW and Below, 35-50 KW), Passenger Car (30KW and Below, 35-50 KW), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Power Module for EV Charger.

Regionally, the report analyzes the Power Module for EV Charger markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Power Module for EV Charger market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Power Module for EV Charger market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Power Module for EV Charger industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 30KW and Below, 35-50 KW).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Power Module for EV Charger market.

Regional Analysis: The report involves examining the Power Module for EV Charger market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Power Module for EV Charger market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Power Module for EV Charger:

Company Analysis: Report covers individual Power Module for EV Charger manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Power Module for EV Charger This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Vehicle, Passenger Car).

Technology Analysis: Report covers specific technologies relevant to Power Module for EV Charger. It assesses the current state, advancements, and potential future developments in Power Module for EV Charger areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Power Module for EV Charger market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Power Module for EV Charger market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
30KW and Below
35-50 KW
Above 50KW

Market segment by Application
Commercial Vehicle
Passenger Car

Major players covered
TELD
UUGreenPower
Infy Power
TonHe
Increase
Sinexcel
Megmeet
Rectifier Technologies
EVTECH
SICON

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Power Module for EV Charger product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Power Module for EV Charger, with price, sales, revenue and global market share of Power Module for EV Charger from 2018 to 2023.

Chapter 3, the Power Module for EV Charger competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Power Module for EV Charger breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Power Module for EV Charger market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Power Module for EV Charger.

Chapter 14 and 15, to describe Power Module for EV Charger sales channel, distributors, customers, research findings and conclusion.