?Global Electric Vehicle Communication Controller Market

Global Electric Vehicle Communication Controller Market was valued US$ XX Mn in 2018 and is expected to reach XX Mn by 2026, at a CAGR of XX % during a forecast period.

EV communication controller is a key component, which supports communication between a vehicle and a charger for the rapid charging of an electric vehicle. It consists of international standard of electric car charger ISO15118 and DIN70121, which can work with the smart grid to deliver high-quality electric car information service.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Growing pollution and threat of global warming have heightened the requirement to replace petroleum-fueled vehicles with emission-free substitutes. After the innovations in R&D of the automotive sector, the industry has found electric vehicles as the best suitable substitute for traditionally fueled vehicles, resulting in the boom of electric vehicles. The growing demand for alternative fuel vehicles is expected to boost the growth in global electric vehicles.

The wireless charging segment is expected to grow at a XX % rate of CAGR during the forecast period. The wireless charging technology gives the freedom of quick and easy connectivity with a safe interface and user-friendly operation. The increasing preference of consumers towards wireless connectivity is expected to drive the wireless chargers for electric vehicles. Consumers want to get rid of wired connectivity owing to its complexity and insecure interface.

The commercial vehicle segment is expected to share significant growth in the global electric vehicle communication controller market. The growing trend of replacement of fossil fuel-based public transport fleet with electric buses is expected to drive the growth of electric commercial vehicles during the forecast period. Several countries across the globe are expected to replace their existing fuel-based bus fleet with electric buses during the forecast period.

Geographically, Europe region is estimated to hold the dominant position in the global electric vehicle communication controller market. The dominant position in the market is attributed to the strict emission regulation standards to cope with increasing emissions in the region. The demand for electric vehicle communication controllers has augmented tremendously owing to their focus on zero or low emission vehicles. Infrastructural expansions and industrialization in developed economies have unlocked new opportunities for an original equipment manufacturer.

The Asia Pacific region is projected to be a leading region in the global electric vehicle communication controller market. The governments of developing economies have adopted and implemented favourable policies to promote electric vehicles. For instance, the Government of India, has announced plans for financial support to increase the adoption of electric vehicles. For e.g. -a zero-rated goods and services tax (GST) for a window of 3 years for EVs and a scheme, which is known as faster adoption and manufacturing of hybrid and electric vehicles.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments and, project the global electric vehicle communication controller market. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global electric vehicle communication controller market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging their efforts and investment in the near future to a particular market segment.

Scope of the Report for Global Electric Vehicle Communication Controller Market

Global Electric Vehicle Communication Controller Market, By System

• EV Communication Controller (EVCC)

• Supply Equipment Communication Controller (SECC)

Global Electric Vehicle Communication Controller Market, By Charging Type

• Wired Charging (Plug-In)

• Wireless Charging (Inductive Charging)

Global Electric Vehicle Communication Controller Market, By Electric Vehicle Type

• Battery Electric Vehicle (BEV)

• Plug-In Hybrid Electric Vehicle (PHEV)

Global Electric Vehicle Communication Controller Market, By Vehicle Type

• Passenger Car (PC)

• Commercial Vehicles (CV)

Global Electric Vehicle Communication Controller Market, By Region

• North America

Europe

• Asia Pacific

• Middle East & Africa

• South America

Key players operating in Global Electric Vehicle Communication Controller Market

• LG Innotek

• Tesla

• BYD Auto

• Schneider Electric

• ABB

• Ficosa

• Leviton

• Blink Charging

• Clippercreek

• Semaconnect

• Webasto

• Bosch

• Vector

• Siemens

• Efacec

• Engie

• Mitsubishi Electric

• Opconnect

• Evgo

• Volta

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[Swaswati Borpuzari]

Okay, here's an article based on the "Global Electric Vehicle Communication Controller Market," aiming for a tone that's informative and engaging for a general audience interested in the EV sector:

Navigating the Electric Highway: The Growing Importance of EV Communication Controllers

The electric vehicle (EV) revolution is well underway, transforming how we think about transportation. While we often focus on batteries and motors, there's a crucial component working behind the scenes that ensures a seamless and efficient EV experience – the communication controller. This often-overlooked piece of technology is the central nervous system of modern electric vehicles, and its global market is experiencing significant growth.

What Exactly is an EV Communication Controller?

Imagine the human body. The brain sends signals to different organs, muscles, and systems, allowing them to work in harmony. Similarly, an EV communication controller acts as the "brain" of the vehicle, managing the flow of information between different electronic control units (ECUs). This includes:

• Battery Management System (BMS): Ensuring safe and efficient charging and discharging of the battery pack.
• Powertrain Control: Managing the electric motor's performance and power delivery.
• Infotainment System: Handling communication for navigation, audio, and driver interfaces.
• Advanced Driver Assistance Systems (ADAS): Facilitating features like lane departure warnings, adaptive cruise control, and parking assist.
• Vehicle-to-Grid (V2G) Communication: Enabling bidirectional power flow for grid stabilization and smart charging.

Essentially, the communication controller ensures that all these systems talk to each other effectively, allowing for optimal performance, safety, and functionality.

Why is the Market Growing?

The global market for EV communication controllers is experiencing robust growth driven by several key factors:

• Surging EV Adoption: As governments worldwide push for greener transportation, EV sales are skyrocketing, directly boosting the demand for communication controllers.
• Technological Advancements: The increasing complexity of EV systems, particularly with the integration of ADAS features and V2G technology, requires more sophisticated and capable controllers.
• Emphasis on Safety and Efficiency: The need for reliable and secure communication between various systems to ensure passenger safety and optimal vehicle performance is driving innovation in communication controller design.
• Demand for Enhanced Connectivity: Consumers expect their EVs to be as connected as their smartphones, fueling the need for controllers that can handle high data throughput for infotainment and remote diagnostics.
• Government Incentives and Regulations: Stringent emission standards and government incentives are further pushing automakers to accelerate their transition to electric vehicles, creating a bigger market for EV components like communication controllers.

Market Trends and Key Players

The EV communication controller market is not monolithic. We're seeing trends like:

• Increased Integration: Manufacturers are moving towards more integrated solutions, combining multiple functionalities into a single controller chip for greater efficiency and reduced costs.
• Focus on Cybersecurity: With increased connectivity comes the potential for cyber threats. Secure communication protocols and robust security features are becoming increasingly crucial.
• Development of High-Bandwidth Solutions: The growing volume of data generated by ADAS and other advanced features requires controllers capable of handling high data throughput.

Key players in this evolving market include established automotive semiconductor giants as well as specialist companies focusing on EV-specific solutions. Competition is fierce, driving innovation and pushing the boundaries of what's possible in EV technology.

The Future of EV Communication

As the EV landscape continues to evolve, the role of the communication controller will become even more critical. We can expect to see:

• Greater sophistication in controller architectures: Incorporating AI and machine learning for advanced diagnostics and predictive maintenance.
• Seamless integration with smart grids: Facilitating bidirectional power flow and optimized energy management.
• Increased focus on cybersecurity: Protecting EVs from cyber threats and ensuring the integrity of vehicle data.

Conclusion

The EV communication controller market is a dynamic and fast-growing sector, playing a pivotal yet often unseen role in the success of the electric vehicle revolution. As these "brains" of the EV become more sophisticated and interconnected, they will continue to drive innovation, safety, and efficiency in the world of electric transportation. So, the next time you see an EV zipping down the road, remember that there's a complex network of communication controllers working tirelessly beneath the surface, making it all possible.