Electric Vehicle Communication Controller Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Global Electric Vehicle Communication Controller Market will exhibit over 16% CAGR from 2024 to 2032, due to the surge in electric vehicle (EV) adoption. The National Highway Traffic Safety Administration (NHTSA) reported that over 10,000 connected vehicles equipped with V2X technologies were deployed in pilot projects in 2024.
Additionally, stringent government regulations aimed at reducing emissions and enhancing vehicle safety are propelling the adoption of EVCCs. The ongoing advancements in vehicle-to-everything (V2X) communication technologies, which enable vehicles to interact with their environment, fuel market growth. As automotive manufacturers prioritize the development of smart and connected vehicles, the need for efficient and reliable communication controllers becomes critical.
The electric vehicle communication controller industry is categorized based on system, charging, electric vehicle, end-user, and region.
The SECC (Supply Equipment Communication Controller) segment will exhibit considerable growth from 2024 to 2032, driven by the increasing complexity of charging infrastructure. As electric vehicle (EV) adoption grows, the need for efficient and standardized communication between EVs and charging stations has become critical. The SECC system manage interactions between the vehicle and the charging equipment, ensuring compatibility, and efficient energy transfer. Advancements in smart grid technologies and the integration of renewable energy sources into charging networks boost the demand for sophisticated SECC systems.
The wireless segment will influence the market growth through 2032, thriving the need for advanced communication protocols and enhanced system integration. Wireless charging technology requires robust communication between the vehicle and the charging pad to ensure proper alignment, efficient energy transfer, and adherence to safety standards. This necessity for precise and reliable communication boosts demand for sophisticated EVCCs. As wireless charging solutions become more prevalent and sophisticated, the complexity and importance of the EVCC systems that facilitate these wireless communications increase.
North America electric vehicle communication controller industry is estimated to grow significantly through 2032, stimulated by the strong commitment to advancing electric vehicle infrastructure. Government incentives and policies aimed at promoting EV adoption and reducing GHG emissions significantly boost market growth. Additionally, the increasing focus on developing smart cities and enhancing urban mobility supports the deployment of advanced EV communication systems. The presence of major automotive manufacturers and technology companies in North America accelerates innovation and demand for sophisticated EVCC solutions, contributing to the market expansion.
Chapter 1 Methodology and Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope and definition
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Automotive manufacturers
3.2.2 Component manufacturers
3.2.3 Automotive tier 1 suppliers
3.2.4 Technology providers
3.2.5 Charging infrastructure providers
3.2.6 Telecommunications and connectivity providers
3.2.7 End user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Strict regulations on emissions and offering incentives for EV adoption
3.8.1.2 Expansion of fast-charging networks and smart charging solutions
3.8.1.3 Integration of IoT and connected vehicle technologies
3.8.1.4 Rising advancements in autonomous driving
3.8.2 Industry pitfalls and challenges
3.8.2.1 Increasing costs associated with technology
3.8.2.2 Growing cybersecurity threats
3.9 Growth potential analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix
Chapter 5 Market Estimates and Forecast, By System, 2021-2032 ($Bn)
5.1 Key trends
5.2 EVCC
5.3 SECC
Chapter 6 Market Estimates and Forecast, By Charging, 2021-2032 ($Bn)
6.1 Key trends
6.2 Wired
6.3 Wireless
Chapter 7 Market Estimates and Forecast, By Electric Vehicle, 2021-2032 ($Bn)
7.1 Key trends
7.2 Passenger car
7.2.1 BEV
7.2.2 PHEV
7.3 Commercial vehicle
7.3.1 BEV
7.3.2 PHEV
Chapter 8 Market Estimates and Forecast, By End-User, 2021-2032 ($Bn)
8.1 Key trends
8.2 OEMs
8.3 Aftermarket
8.4 Charging station operators
Chapter 9 Market Estimates and Forecast, By Region, 2021-2032 ($Bn)