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YG PRESS NEWS – Power electronic: new opportunities for the players in the EV DC charger market

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Chargers with power higher than 200KW will drive the $17.9 billion electric vehicle DC charger system market in 2028.

  • The DC charging system market will be worth $17.9 billion by 2028.
  • EV DC charging supply chain is far from consolidated.
  • Towards higher and lower power chargers, higher voltages, and more functionality.

The rapidly growing electric vehicle (EV) market and growing needs for faster vehicle charging increase interest in EV DC* charging solutions. The EV DC charger system market was worth about $5.3 billion in 2021 and is poised to reach $17.9 billion by 2028, with a 2021-2028 Compound Annual Growth Rate (CAGR) of 19.1%. The value of power electronic components in a charger system increases with the charger’s nominal power. As analyzed in the report, the silicon and SiC power device market value for EV DC chargers will be worth $610.8 million by 2028…. For more information about this analysis, please contact us!

Titre du visuel

june 2021

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Related event

APEC 2023 – APPLIED POWER ELECTRONICS CONFERENCE – Yole Group will be part of the Industry Session with Elena Barbarini, Semiconductor Devices Department Director at Yole SystemPlus part of Yole Group. She will present State of the Art of SiC Transistors and Modules: Technology and Cost Overview on Tuesday, March 21 during the Industry Session Chair Session: Other Perspectives of Power Electronics – Markets, Society and Policies at 09:20am – 09:45am ET. In addition, Milan Rosina, Principal Analyst, Power Electronics & Battery Yole Intelligence part of Yole Group. He will present EV Powertrain Trends – Now and in the Future on Tuesday, March 21, during the Other Perspectives of Power Electronics – Markets, Society and Policies Session, at 08:55am – 09:20am ET.

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