According to our latest research, the Global IEC 61851-24 DC EVSE Communication market size was valued at $1.45 billion in 2024 and is projected to reach $8.62 billion by 2033, expanding at a CAGR of 21.8% during 2024–2033. The primary catalyst for this robust growth is the accelerating shift toward electric mobility worldwide, driven by stringent emission regulations and the surging demand for fast, reliable, and interoperable direct current (DC) charging infrastructure. The IEC 61851-24 standard, which governs DC electric vehicle supply equipment (EVSE) communication, is pivotal in enabling seamless interaction between charging stations and electric vehicles (EVs), ensuring safety, efficiency, and compatibility across diverse manufacturers and geographies. As automakers and utilities invest heavily in next-generation charging networks, the need for advanced communication modules and controllers adhering to IEC 61851-24 is set to soar, further propelling the market’s expansion.
https://researchintelo.com/report/iec-1-24-dc-evse-communication-market According to our latest research, the Global IEC 61851-24 DC EVSE Communication market size was valued at $1.45 billion in 2024 and is projected to reach $8.62 billion by 2033, expanding at a CAGR of 21.8% during 2024–2033. The primary catalyst for this robust growth is the accelerating shift toward electric mobility worldwide, driven by stringent emission regulations and the surging demand for fast, reliable, and interoperable direct current (DC) charging infrastructure. The IEC 61851-24 standard, which governs DC electric vehicle supply equipment (EVSE) communication, is pivotal in enabling seamless interaction between charging stations and electric vehicles (EVs), ensuring safety, efficiency, and compatibility across diverse manufacturers and geographies. As automakers and utilities invest heavily in next-generation charging networks, the need for advanced communication modules and controllers adhering to IEC 61851-24 is set to soar, further propelling the market’s expansion.
https://researchintelo.com/report/iec-1-24-dc-evse-communication-market