The North America Electric Vehicle Communication Controller Market is expected to 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 is expected to continue to be a dominant market till 2030; thereby, achieving a market value of $331.80 millions 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.
The US market dominated the North America Electric Vehicle Communication Controller Market, By Country in 2023, and is expected to continue to be a dominant market till 2030; thereby, achieving a market value of $331.80 millions 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.
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.
Market Report Segmentation
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
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Electric Vehicle Communication Controller Market, By System
Chapter 6. North America Electric Vehicle Communication Controller Market, By Charging
Chapter 7. North America Electric Vehicle Communication Controller Market, By Electric Vehicle
Chapter 8. North America Electric Vehicle Communication Controller Market, By Application
Chapter 9. North America Electric Vehicle Communication Controller Market, By Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America Electric Vehicle Communication Controller Market include:- 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.
Methodology
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