The global electric vehicle communication controller market is anticipated to grow at a 34.6% CAGR during 2021-2027 owing to the increased adoption of electric vehicles and continuous development of Electric Vehicle Supply Equipment (EVSE) along with an increased emphasis on fast-charging solutions. The increased collaboration of government with OEMs and automotive manufacturers and rising Public-Private Partnerships (PPP) to develop charging stations will propel the demand for the electric vehicle communication controller market.

The impending energy crisis, as well as the need to reduce greenhouse gas emissions, has prompted vehicle manufacturers to make significant efforts to reduce their vehicles' energy consumption, and they are currently developing vehicles that are entirely or partially powered by electricity, which is expected to drive demand for electric and hybrid vehicles, as well as have an indirect impact on the electric vehicle communication controller market.

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Owing to the rising demand for advanced charging stations such as EV charging kiosks, the SECC segment is predicted to grow at the fastest rate over the projection period. The Vehicle Identification Number (VID) and access card details are authenticated using EVCC in a charging kiosk. The lack of additional manpower in industrialized countries like the United States, the United Kingdom, and Germany have made it difficult for EV charging station operators to assign customer support representatives during peak hours. This is projected to raise the demand for a charging kiosk. Furthermore, demand for EVCC is projected to be fueled by smart city efforts.

Asia-Pacific is anticipated to be the fastest-growing region in the electric vehicle communication controller market owing to the increased initiatives by the government to develop charging infrastructure, resulting in the setting up of a new charging solution by the global players.

In January 2021, For the IEC markets, Siemens Smart Infrastructure has introduced the Surcharge D public fast charger. It's ideal for highway and urban fast-charging stations, city parking, and shopping malls, with one of the greatest peak efficiencies on the market (96%), scalable charging power, and dynamic power-sharing. The Discharge D offers a charging power range of up to 300 kW, which may be increased either from the start or by plug-and-play modifications. Furthermore, across all DC outlets, the charger supports voltages of 150 to 1,000 volts (V) and currents of up to 1,000 amperes (A). This allows future 800 V vehicles to have full power loads as well as the lower voltage charging rates required in today's mainstream automobiles.

The prominent players in the electric vehicle communication controller industry include Tesla, Inc., LG Innotek, BYD Auto, Schneider Electric, ABB Ltd., Robert Bosch GmbH, Ficosa International S.A., Mitsubishi Electric, Siemens AG, and Vector.