
North America Electric Vehicle Communication Controller Market Size, Share & Trends Analysis Report By System, By Charging (Wired Charging and Wireless Charging), By Electric Vehicle, By Application, By Country and Growth Forecast, 2024 - 2031
Description
North America Electric Vehicle Communication Controller Market Size, Share & Trends Analysis Report By System, By Charging (Wired Charging and Wireless Charging), By Electric Vehicle, By Application, By Country and Growth Forecast, 2024 - 2031
The North America Electric Vehicle Communication Controller Market would witness market growth 32.4 % CAGR during the forecast period (2024-2031).
The US market dominated the North America Electric Vehicle Communication Controller Market, By Country in 2023, and would continue to be a dominant market till 2030; thereby, achieving a market value of $331,808.4 Thousands by 2031. The Canada market is experiencing a CAGR of 35.1% during (2024 - 2031). Additionally, The Mexico market is exhibiting a CAGR of 34.1% during (2024 - 2031).
At the core of the electric vehicle communication controller market is the need for seamless communication between electric vehicles and the infrastructure that supports them. One of the key drivers of the market is the need for interoperability.
Moreover, the electric vehicle industry is characterized by diverse charging standards and infrastructure providers, each with proprietary systems. For electric vehicles to be able to charge at any station, regardless of the manufacturer, EVCCs must enable communication across various platforms and protocols. The widespread proliferation of electric vehicles is contingent upon interoperability, which guarantees that consumers can charge their vehicles regardless of the type of outlet available or their location.
Mexico, the seventh-largest passenger vehicle manufacturer, is also seeing a surge in producing electric vehicles and hybrids. In 2022, the production of EVs and hybrids reached 51,065 units, marking an 8.5% increase from 2021. The country's automotive industry benefits from trade agreements such as the USMCA (United States-Mexico-Canada Agreement), which encourages investment from automakers. As Mexico continues to scale up its EV production and export activities, the demand for communication controllers that support seamless vehicle-to-charging station interactions is expected to rise significantly. Therefore, the region's strong commitment to reducing carbon emissions and fostering sustainable transportation is fueling significant growth in the market.
Based on System, the market is segmented into Vehicle-based Communication Controller and Supply Equipment Communication Controller (SECC). Based on Charging, the market is segmented into Wired Charging and Wireless Charging. Based on Electric Vehicle, the market is segmented into Battery Electric Vehicle (BEV) and Plug-In Hybrid Electric Vehicle (PHEV). Based on Application, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ABB Group
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Siemens AG
- Sensata Technologies Holdings PLC
- Ficosa International S.A
- LG Innotek Co Ltd. (LG Display)
- Robert Bosch GmbH
- Vector Informatik GmbH
- Tesla, Inc.
By System
- Vehicle-based Communication Controller
- Supply Equipment Communication Controller (SECC)
- Wired Charging
- Wireless Charging
- Battery Electric Vehicle (BEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Passenger Vehicle
- Commercial Vehicle
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
137 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Electric Vehicle Communication Controller Market, by System
- 1.4.2 North America Electric Vehicle Communication Controller Market, by Charging
- 1.4.3 North America Electric Vehicle Communication Controller Market, by Electric Vehicle
- 1.4.4 North America Electric Vehicle Communication Controller Market, by Application
- 1.4.5 North America Electric Vehicle Communication Controller Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Sep – 2024, Jun) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Electric Vehicle Communication Controller Market, By System
- 5.1 North America Vehicle-based Communication Controller Market, By Country
- 5.2 North America Supply Equipment Communication Controller (SECC) Market, By Country
- Chapter 6. North America Electric Vehicle Communication Controller Market, By Charging
- 6.1 North America Wired Charging Market, By Country
- 6.2 North America Wireless Charging Market, By Country
- Chapter 7. North America Electric Vehicle Communication Controller Market, By Electric Vehicle
- 7.1 North America Battery Electric Vehicle (BEV) Market, By Country
- 7.2 North America Plug-In Hybrid Electric Vehicle (PHEV) Market, By Country
- Chapter 8. North America Electric Vehicle Communication Controller Market, By Application
- 8.1 North America Passenger Vehicle Market, By Country
- 8.2 North America Commercial Vehicle Market, By Country
- Chapter 9. North America Electric Vehicle Communication Controller Market, By Country
- 9.1 US Electric Vehicle Communication Controller Market
- 9.1.1 US Electric Vehicle Communication Controller Market, By System
- 9.1.2 US Electric Vehicle Communication Controller Market, By Charging
- 9.1.3 US Electric Vehicle Communication Controller Market, By Electric Vehicle
- 9.1.4 US Electric Vehicle Communication Controller Market, By Application
- 9.2 Canada Electric Vehicle Communication Controller Market
- 9.2.1 Canada Electric Vehicle Communication Controller Market, By System
- 9.2.2 Canada Electric Vehicle Communication Controller Market, By Charging
- 9.2.3 Canada Electric Vehicle Communication Controller Market, By Electric Vehicle
- 9.2.4 Canada Electric Vehicle Communication Controller Market, By Application
- 9.3 Mexico Electric Vehicle Communication Controller Market
- 9.3.1 Mexico Electric Vehicle Communication Controller Market, By System
- 9.3.2 Mexico Electric Vehicle Communication Controller Market, By Charging
- 9.3.3 Mexico Electric Vehicle Communication Controller Market, By Electric Vehicle
- 9.3.4 Mexico Electric Vehicle Communication Controller Market, By Application
- 9.4 Rest of North America Electric Vehicle Communication Controller Market
- 9.4.1 Rest of North America Electric Vehicle Communication Controller Market, By System
- 9.4.2 Rest of North America Electric Vehicle Communication Controller Market, By Charging
- 9.4.3 Rest of North America Electric Vehicle Communication Controller Market, By Electric Vehicle
- 9.4.4 Rest of North America Electric Vehicle Communication Controller Market, By Application
- Chapter 10. Company Profiles
- 10.1 ABB Group
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Mitsubishi Electric Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Schneider Electric SE
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Siemens AG
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.5.2 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 Sensata Technologies Holdings PLC
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Product Launches and Product Expansions:
- 10.5.5.2 Acquisition and Mergers:
- 10.5.6 SWOT Analysis
- 10.6 Ficosa International, S.A.
- 10.6.1 Company Overview
- 10.6.2 Recent strategies and developments:
- 10.6.2.1 Product Launches and Product Expansions:
- 10.6.3 SWOT Analysis
- 10.7 LG Innotek Co Ltd. (LG Display Co., Ltd.)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 SWOT Analysis
- 10.8 Robert Bosch GmbH
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Product Launches and Product Expansions:
- 10.8.6 SWOT Analysis
- 10.9 Vector Informatik GmbH
- 10.9.1 Company Overview
- 10.9.2 Recent strategies and developments:
- 10.9.2.1 Product Launches and Product Expansions:
- 10.9.3 SWOT Analysis
- 10.10. Tesla, Inc.
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Acquisition and Mergers:
- 10.10.6 SWOT Analysis
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