EV Charging Communication Unit Market Size is valued at USD 123.59 Mn in 2022 and is predicted to reach USD 1,068.88 Mn by the year 2031 at a 27.20% CAGR during the forecast period for 2023-2031.
Electric vehicles (EVs) and charging stations can communicate using a charging communication unit (CCU) device. Information about the charging session's cost, the rate of charging, and the battery level of the EV are all sent and received by the CCU between the EV and the charging station. The CCU is also responsible for making sure the charging procedure is safe. You may find the CCU beside the charging port on most electric vehicles. To guarantee safe, efficient, and convenient electric vehicle (EV) charging, a crucial component of the charging infrastructure is the control and communication unit (CCU), a tiny electronic device with a microprocessor, memory, and communication ports. The CCU communicates with the charging station using various protocols, including the Open Charge Point Protocol (OCPP) and the ISO protocol.
Furthermore, the widespread development of charging infrastructure worldwide has attracted substantial investments and expanded the reach of the market. Quicker charging speeds, better connectivity, and standardized charging protocols are anticipated technological improvements shaping the market. This expansion trajectory is only possible with government policies, incentives, and grants encouraging investing in EVs and building charging infrastructure.
However, the market growth is hampered by the strict regulatory criteria for the safety and health of EV charging communication units and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high humidity. Electric vehicle charging stations can be costly to build and operate, especially in low-traffic or power-limited areas. The initial investment required to set up a charging station is high due to the equipment, installation, and electrical infrastructure upgrades. In some cases, upgrading the electricity supply and installing the necessary infrastructure, like high-power transformers or cabling, can be extremely high, especially in remote areas without the necessary grid infrastructure. The COVID-19 pandemic has dampened worldwide demand for electric vehicle charging stations. Pandemic travel restrictions and tight lockdown measures throughout different regions caused people to delay buying electric vehicles.
The EV charging communication unit market is segmented based on vehicle, propulsion, charging, current, component, and system types. As per the vehicle type, the market is segmented into passenger vehicles and commercial vehicles. By propulsion type, the market is segmented into battery electric vehicles, plug-in hybrid electric vehicles (PHEV). By charging type, the market is segmented into wired (plug-in) and wireless (inductive charging). By current type, the market is segmented into alternating current (AC) and direct current (DC). By component type, the market is segmented into software and hardware. By System Type, the market is segmented into electric vehicle communication controller (EVCC) and supply equipment communication controller (SECC).
The wired EV charging communication unit market will lead with a major global market share in 2022 because of the growing need for fast charging. This need calls for a standardized protocol for communication between EVSEs and vehicle electronic control units (ECUs). Fast charging is in high demand, which is driving the market forward.
The electric vehicle communication controller industry makes up the bulk of EV charging communication unit usage. Because of its crucial role in enabling communication and data interchange between charging infrastructure and electric vehicles (EVs), the EVCC has become an integral part of the rapidly expanding electric vehicle (EV) market. Improved charging management, secure authentication, simplified billing, and possible V2G connection are all made possible by this technology, especially in countries like the US, Germany, the UK, China, and India.
The North American EV charging communication unit market is expected to record the maximum market share in revenue in the near future. It can be attributed to the increasing amount of financing and strategic initiatives aimed at improving the infrastructure for electric car charging stations, the increasing number of government programs aimed at improving this infrastructure, and the fast adoption of EVs. In addition, Asia Pacific is estimated to grow rapidly in the global EV charging communication unit market because of the increasing emphasis on charging infrastructure. Many innovative charging solutions have been developed by start-ups and established multinational firms, driving market growth. Several regional governments are prioritizing expanding charging infrastructure, which bodes well for the sector's future.
Report Attribute |
Specifications |
Market Size Value In 2022 |
USD 123.59 Mn |
Revenue Forecast In 2031 |
USD 1,068.88 Mn |
Growth Rate CAGR |
CAGR of 27.20 % from 2023 to 2031 |
Quantitative Units |
Representation of revenue in US$ Mn, Volume (Units) and CAGR from 2023 to 2031 |
Historic Year |
2019 to 2022 |
Forecast Year |
2023-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Vehicle Type, By Propulsion Type, By Charging Type, By Current Type, By Component Type, By System Type |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
Akka Technologies, Auto Motive Power (AMP), Continental AG, Dana Limited, Ficosa Internacional SA, Hyundai Mobis, LG Innotek, Mitsubishi Electric Corporation, Neusoft Corporation, Qualcomm Technologies, Inc., Robert Bosch GmbH, Sensata Technologies, Inc., STMicroelectronics NV, Vector Informatik GmbH, Vitesco Technologies GmbH, Tesla, BYD Auto, Schneider Electric, ABB, Vector, Siemens, Engie, Mitsubishi Electric, Wallbox, Heliox, Spark Horizon, Leviton, Blink Charging, Clippercreek and Other |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Electric Vehicle (EV) Charging Communication Unit Market Snapshot
Chapter 4. Global Electric Vehicle (EV) Charging Communication Unit Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Vehicle Type Estimates & Trend Analysis
5.1. By Vehicle Type, & Market Share, 2020 & 2031
5.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Vehicle Type:
5.2.1. Passenger Vehicles
5.2.2. Commercial Vehicles
Chapter 6. Market Segmentation 2: By Propulsion Type Estimates & Trend Analysis
6.1. By Propulsion Type & Market Share, 2020 & 2031
6.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Propulsion Type:
6.2.1. Battery Electric Vehicles (BEVs)
6.2.2. Plug-In Hybrid Electric Vehicles (PHEVs)
Chapter 7. Market Segmentation 3: By Charging Type Estimates & Trend Analysis
7.1. By Charging Type & Market Share, 2020 & 2031
7.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Charging Type:
7.2.1. Wired (Plug-In)
7.2.2. Wireless (Inductive Charging)
Chapter 8. Market Segmentation 4: By Current Type Estimates & Trend Analysis
8.1. By Current Type & Market Share, 2020 & 2031
8.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Current Type:
8.2.1. Alternating Current (AC)
8.2.2. Direct Current (DC)
Chapter 9. Market Segmentation 5: By Component Type Estimates & Trend Analysis
9.1. By Component Type & Market Share, 2020 & 2031
9.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Component Type:
9.2.1. Software
9.2.2. Hardware
Chapter 10. Market Segmentation 6: By System Type Estimates & Trend Analysis
10.1. By System Type & Market Share, 2020 & 2031
10.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2020 to 2031 for the following By System Type:
10.2.1. Electric Vehicle Communication Controller (EVCC)
10.2.2. Supply Equipment Communication Controller (SECC)
Chapter 11. Electric Vehicle (EV) Charging Communication Unit Market Segmentation 7: Regional Estimates & Trend Analysis
11.1. North America
11.1.1. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By Vehicle Type, 2019-2031
11.1.2. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By Propulsion Type, 2019-2031
11.1.3. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By Charging Type, 2019-2031
11.1.4. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By Current Type, 2019-2031
11.1.5. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By Component Type, 2019-2031
11.1.6. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts By System Type, 2019-2031
11.1.7. North America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) estimates and forecasts by country, 2019-2031
11.2. Europe
11.2.1. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Vehicle Type, 2019-2031
11.2.2. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Propulsion Type, 2019-2031
11.2.3. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Charging Type, 2019-2031
11.2.4. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Current Type, 2019-2031
11.2.5. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Component Type, 2019-2031
11.2.6. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By System Type, 2019-2031
11.2.7. Europe Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) by country, 2019-2031
11.3. Asia Pacific
11.3.1. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Vehicle Type, 2019-2031
11.3.2. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Propulsion Type, 2019-2031
11.3.3. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Charging Type, 2019-2031
11.3.4. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Current Type, 2019-2031
11.3.5. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Component Type, 2019-2031
11.3.6. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By System Type, 2019-2031
11.3.7. Asia Pacific Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) by country, 2019-2031
11.4. Latin America
11.4.1. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Vehicle Type, (US$ Million) 2019-2031
11.4.2. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Propulsion Type, (US$ Million) 2019-2031
11.4.3. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Charging Type, (US$ Million) 2019-2031
11.4.4. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Current Type, (US$ Million) 2019-2031
11.4.5. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Component Type, (US$ Million) 2019-2031
11.4.6. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By System Type, (US$ Million) 2019-2031
11.4.7. Latin America Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) by country, 2019-2031
11.5. Middle East & Africa
11.5.1. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Vehicle Type, (US$ Million) 2019-2031
11.5.2. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Propulsion Type, (US$ Million) 2019-2031
11.5.3. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Charging Type, (US$ Million) 2019-2031
11.5.4. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Current Type, (US$ Million) 2019-2031
11.5.5. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By Component Type, (US$ Million) 2019-2031
11.5.6. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) By System Type, (US$ Million) 2019-2031
11.5.7. Middle East & Africa Electric Vehicle (EV) Charging Communication Unit Market revenue (US$ Million) & Volume (Units) by country, 2019-2031
Chapter 12. Competitive Landscape
12.1. Major Mergers and Acquisitions/Strategic Alliances
12.2. Company Profiles
12.2.1. Akka Technologies
12.2.2. Auto Motive Power (AMP)
12.2.3. Continental AG
12.2.4. Dana Limited
12.2.5. Ficosa Internacional SA
12.2.6. Hyundai Mobis
12.2.7. LG Innotek
12.2.8. Mitsubishi Electric Corporation
12.2.9. Neusoft Corporation
12.2.10. Qualcomm Technologies, Inc.
12.2.11. Robert Bosch GmbH
12.2.12. Sensata Technologies, Inc.
12.2.13. STMicroelectronics N.V.
12.2.14. Vector Informatik GmbH
12.2.15. Vitesco Technologies GmbH
By Vehicle Type-
By Propulsion Type-
By Charging Type-
By Current Type-
By Component Type-
By System Type-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.