Market Overview:
The global EV charge controller market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and the rising awareness about environment-friendly transportation options. The global EV charge controller market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into DC charging pile and AC charging pile. The AC charging pile segment is expected to hold a larger share of the global EV charge controller market than the DC charging pile segment duringthe forecast period. This is due tothe growing popularityofAC chargers overDC chargers owingto their easeofuseand fastercharging speeds.
Product Definition:
An electric vehicle (EV) charge controller is a device used to manage the charging of an electric vehicle's battery. It ensures that the battery pack is not overcharged, which could lead to damage or fire. Additionally, it may also include features for remote monitoring and control of the charging process. An EV charge controller is an important component in any electric vehicle charging system.
DC Charging Pile:
DC charging pile is a group of electric circuits that charges the battery by converting the AC electricity generated from the grid into DC electricity. The DC charging pile has two basic components, namely a rectifier and an inverter. The rectifier converts the AC to DC and feeds it to an inverter which changes the voltage back to its original level.
AC Charging Pile:
AC charging pile is a group of electric circuits that are used to charge an electric vehicle by converting the alternating current generated from its own source of energy. The AC charging pile is usually made up of three circuit breakers or converters, which are connected in series. It also includes an inverter and a power source such as a solar panel or wind turbine.
The three-circuit system ensures that there is always electricity flow in one direction only i.e.
Application Insights:
The home application segment accounted for the largest share of more than 50% in 2017. The growing number of residential buildings with electric vehicles charging stations is expected to drive the demand for EV charge controller over the forecast period. Increasing number of manufacturers entering into partnerships and agreements with automotive companies to provide affordable electric cars is also anticipated to boost market growth over the coming years. For instance, in October 2017, Enel X launched a partnership with Mitsubishi Electric Corporation through which it will provide homes with affordable electricity rates by using renewable energy sources such as wind and solar power.
The public places application segment was valued at USD 159.0 million in 2018 owing to increasing government initiatives regarding installation of EV charging stations across parking lots and highways around major cities across Europe and Asia Pacific regions respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in EV infrastructure development and deployment of new charging standards. For instance, China has standardized its EV charging network through Jiajiale Electric Vehicle Charging Initiative (JECVI) that was launched in December 2016 for establishing a national standard for commercial electric vehicle fast charging networks. This initiative covered more than 400 cities and towns across China with a total length of roadway exceeding 60,000 km. Furthermore, Asia Pacific governments are actively encouraging manufacturers to manufacture EVs by offering various financial incentives such as tax benefits and exemptions from certain taxes or fees levied on vehicles using electricity.
Europe accounted for more than 25% share of global revenue in 2017 owing to early adoption of EVs coupled with favorable government policies regarding emission reduction and promotion of eco-friendly vehicles across major countries including Germany, U K.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% during the forecast period. This would result in an increase in the demand for EV charge controllers.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. This is expected to drive the growth of the EV charge controller market during the forecast period.
- Development of smart grids: Smart grids are being developed across countries to enable two-way communication between utilities and consumers, which would help manage energy consumption better. This would create opportunities for EV charge controller vendors in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
EV Charge Controller Market Research Report
By Type
DC Charging Pile, AC Charging Pile
By Application
Home, Public Places, Electric Fleet, Other
By Companies
Openevse, Inncgroup, PHOENIX CONTACT, Deltrix Limited, Viridian EV, Green Eye, Vector, Bender, AMP, Schneider
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global EV Charge Controller Market Report Segments:
The global EV Charge Controller market is segmented on the basis of:
Types
DC Charging Pile, AC Charging Pile
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Public Places, Electric Fleet, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Openevse
- Inncgroup
- PHOENIX CONTACT
- Deltrix Limited
- Viridian EV
- Green Eye
- Vector
- Bender
- AMP
- Schneider
Highlights of The EV Charge Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- DC Charging Pile
- AC Charging Pile
- By Application:
- Home
- Public Places
- Electric Fleet
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EV Charge Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An EV charge controller is a device that helps manage the charging of electric vehicles. It monitors the battery's state-of-charge (SOC) and adjusts the charging rate to maintain a desired level.
Some of the major companies in the ev charge controller market are Openevse, Inncgroup, PHOENIX CONTACT, Deltrix Limited, Viridian EV, Green Eye, Vector, Bender, AMP, Schneider.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EV Charge Controller Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EV Charge Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EV Charge Controller Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EV Charge Controller Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EV Charge Controller Market Size & Forecast, 2020-2028
4.5.1 EV Charge Controller Market Size and Y-o-Y Growth
4.5.2 EV Charge Controller Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 DC Charging Pile
5.2.2 AC Charging Pile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home
6.2.2 Public Places
6.2.3 Electric Fleet
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EV Charge Controller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EV Charge Controller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 DC Charging Pile
9.6.2 AC Charging Pile
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home
9.10.2 Public Places
9.10.3 Electric Fleet
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 DC Charging Pile
10.6.2 AC Charging Pile
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home
10.10.2 Public Places
10.10.3 Electric Fleet
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 DC Charging Pile
11.6.2 AC Charging Pile
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home
11.10.2 Public Places
11.10.3 Electric Fleet
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 DC Charging Pile
12.6.2 AC Charging Pile
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home
12.10.2 Public Places
12.10.3 Electric Fleet
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 DC Charging Pile
13.6.2 AC Charging Pile
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home
13.10.2 Public Places
13.10.3 Electric Fleet
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EV Charge Controller Market: Competitive Dashboard
14.2 Global EV Charge Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Openevse
14.3.2 Inncgroup
14.3.3 PHOENIX CONTACT
14.3.4 Deltrix Limited
14.3.5 Viridian EV
14.3.6 Green Eye
14.3.7 Vector
14.3.8 Bender
14.3.9 AMP
14.3.10 Schneider
