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.
Free Valuable Insights: The Electric Vehicle Communication Controller Market is Predict to reach USD 1.5 Billion by 2031, at a CAGR of 32.7%
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.
By System
By Charging
By Electric Vehicle
By Application
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 