The sky is blue and rainclouds are gray are some of the first things children observe around them. But, present times seem to have destroyed this image, as regardless of whether it is cloudy or not, the skies are almost always gray. Because of the pollutant-laden haze enveloping major urban areas, the days seem dark and lifeless. As the biggest reason for this is the harmful emissions released from burning fossil fuels, such natural gas, crude oil, and coal, countries are taking concrete steps to limit their usage.
One of the ways this is being done is by unleashing stringent emission norms on petrol and diesel vehicles. In addition, governments in numerous countries, especially those in the extremely suffocating and polluted Asia-Pacific (APAC) region, are offering support to encourage the uptake of electric vehicles (EV). Countries are offering tax rebates and financial incentives to EV manufacturers and buyers, as well as investing in the requisite charging infrastructure. It is these factors that P&S Intelligence deems important for the growth of the electric vehicle communication controller market in the years to come.
So, as the sale of EVs, as well as the installation rate of charging stations, increase, courtesy government measures and consumers become more aware on the disadvantages of diesel- and petrol-fueled vehicles, the demand for EV Communication controller is set to rise massively.
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Market Segmentation by System
- By technology
- Battery electric vehicle (BEV)
- Plug-in hybrid electric vehicle (PHEV)
- By vehicle type
- Passenger car
- Commercial vehicle
- By technology
Market Segmentation by Charging Type