Europe Solid-State Battery

Europe Solid-State Battery

The Electric Vehicle Charging Communication Unit (CCU) plays a crucial role in the EV charging infrastructure by enabling communication between the EV, charging station, and utility grid. According to Tanalyze analysis, the Europe EV charging communication unit market is forecasted to grow at a compound annual growth rate (CAGR) of 22.8%, reaching an estimated value of USD 131.7 million by 2029. This growth is fueled by the increasing adoption of EVs, which underscores the necessity for dependable charging infrastructure and efficient communication systems.

The market size of the Europe EV charging communication unit is assessed across various propulsion segments, including Plug-in Hybrid Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs), for the specified forecast period. Notably, the BEV segment has experienced significant growth, with a CAGR of 28.6% from 2024 to 2029.

Furthermore, the Europe EV charging communication unit market is categorized based on power categories, distinguishing between Alternating Current (AC) and Direct Current (DC). AC, the standard electric current used in residential and commercial settings, oscillates between positive and negative directions. The AC segment shows considerable growth potential, with an expected CAGR of 19.0% from 2024 to 2029.

Key players shaping the competitive landscape include Robert Bosch GmbH, Sensata Technologies, Inc., Mitsubishi Electric Corporation, Neusoft Corporation, Auto Motive Power, Inc., STMicroelectronics N.V., Adecco Group AG, Continental AG, Dana Limited, Ficosa Internacional SA, Hyundai Mobis Co., Ltd., LG Innotek Co., Ltd., Qualcomm Technologies, Inc., Vector Informatik GmbH, Vitesco Technologies GmbH, among others.

This study aims to analyze the Europe market for various segments of EV charging communication unit, including:

Propulsion: Plug-In Hybrid Electric Vehicle (PHEV) and Battery Electric Vehicle (BEV).

Vehicle Type: Passenger Cars and Commercial Vehicle.

Power: Alternating Current (AC) and Direct Current (DC).

Component: Software and Hardware.

Region: Germany, France, UK, Italy, Spain, and Rest of Europe.