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DC High Power Charger Market to Reach $64.16 Billion by 2031, Driven by EV Fast Charging Demand | Valuates Reports

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BANGALORE, India, April 23, 2026 /PRNewswire/ — 

What is the Market Size of DC High Power Chargers?

The global market for DC High Power Charger was valued at USD 28450 Million in the year 2024 and is projected to reach a revised size of USD 64160 Million by 2031, growing at a CAGR of 12.5% during the forecast period.

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What are the key factors driving the growth of the DC High Power Charger Market?

The DC high power charger market is expanding as charging networks shift from basic availability to corridor-grade reliability, faster vehicle turnaround, and higher site throughput. Market momentum is being shaped by rising expectations for short dwell times, broader deployment of long-distance electric mobility, and operator preference for charging assets that can serve multiple vehicle classes with stronger utilization. Commercial site owners, fleet-linked destinations, highway operators, and urban fast-charging hubs are prioritizing systems that reduce queue pressure and improve charger productivity. The market is also benefiting from tighter integration between charging hardware, power management, payment layers, and network operations, which is pushing procurement toward scalable, service-oriented, and uptime-focused infrastructure strategies.

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TRENDS INFLUENCING THE GROWTH OF THE DC HIGH POWER CHARGER MARKET:

The above-range high power charger category is driving market growth by enabling charging networks to serve premium long-range electric vehicles, high-traffic transport corridors, and locations where turnaround speed directly affects utilization. This segment strengthens the business case for fast-charging hubs because it supports shorter charging sessions, reduces congestion during peak periods, and improves site economics in spaces with limited parking turnover. It is also becoming important for operators that want future-ready assets capable of handling next-generation vehicle architectures and larger battery packs. As charging demand shifts from occasional top-up behavior to travel-critical infrastructure, this segment is reinforcing investment in high-capacity sites built for throughput, network reputation, and long-term competitive positioning.

The lower fast-charging band continues to drive market growth by giving operators a practical route to scale charging access across cities, retail zones, workplaces, parking destinations, and intercity routes without the heavier power burden associated with ultra-high-capacity systems. This segment is attractive because it balances charging speed, site economics, grid compatibility, and installation flexibility, making it suitable for broader rollout strategies. It supports use cases where drivers need meaningful recharge within a manageable stop duration while allowing network owners to expand footprint across more locations. Its importance remains strong because market growth depends not only on the fastest chargers, but also on the widespread availability of dependable fast charging that can serve everyday electric mobility patterns efficiently.

Battery electric vehicles are the strongest application-side driver for the DC high power charger market because they depend directly on public fast-charging availability for long-distance travel, high-mileage usage, and confidence beyond home charging access. As the BEV base expands across private ownership, commercial mobility, ride-linked operations, and corporate fleets, the requirement for rapid and dependable public charging grows with it. BEV users place greater importance on route continuity, charging speed, and network accessibility, which lifts demand for higher-power infrastructure across both urban and highway locations. This application segment is shaping charger deployment priorities, site design, and capacity planning, making BEV growth the central demand engine behind fast-charging network expansion.

Expansion along highways and major transit corridors is a major growth factor because DC high power chargers are increasingly being positioned as mobility infrastructure rather than optional convenience assets. Corridor deployment helps eliminate range anxiety during longer trips and supports intercity travel behavior that slower charging formats cannot address effectively. Operators are prioritizing locations that connect urban centers, logistics routes, and destination clusters, which increases demand for chargers designed for rapid turnover and dependable uptime. This corridor-led pattern is pushing the market toward larger-format charging sites, better traffic handling, and stronger service consistency, all of which expand the addressable market for high power charging systems.

Fleet electrification is accelerating market growth because commercial operators need charging systems that minimize idle time and keep vehicles in active service. Delivery fleets, mobility operators, shuttle services, and institutional vehicle pools increasingly require fast and repeatable charging windows that align with operating schedules rather than residential charging behavior. DC high power chargers fit this requirement by supporting tighter turnaround cycles and reducing the operational friction associated with battery replenishment. As fleet managers evaluate route efficiency, asset utilization, and depot or public charging dependency, demand rises for charging infrastructure that can sustain predictable service levels under high daily use conditions.

A strong focus on site throughput is driving investment in DC high power charging because network owners are under pressure to serve more vehicles per location without expanding physical footprint excessively. Faster charging capability improves stall turnover, lowers queue buildup, and supports better revenue generation from high-demand sites. This matters especially in transport nodes, dense urban areas, retail destinations, and highway hubs where land, grid access, and parking efficiency shape infrastructure decisions. The market is therefore moving toward charger configurations that maximize service output per site, making high power systems increasingly attractive for operators seeking stronger utilization and improved network economics.

Retail centers, fuel-linked destinations, hospitality properties, and mixed-use sites are contributing to market growth as they treat fast charging as a traffic-generation and dwell-time optimization tool. DC high power chargers help these locations capture EV users who value convenience, short stop durations, and route-based charging access. For site hosts, the charger becomes more than an energy asset; it becomes a customer acquisition and retention instrument tied to visit quality and spending behavior. This commercial logic is expanding the market beyond dedicated charging operators and bringing in a wider base of property owners that want to participate in EV traffic capture through faster on-site charging capability.

Grid-aware deployment is also driving the market because charging providers are increasingly choosing solutions that balance high charging output with smarter power allocation across multiple dispensers and site conditions. As projects move from isolated installations to networked charging hubs, infrastructure decisions are being shaped by load sharing, demand management, and site-level power optimization. DC high power chargers are benefiting from this shift because they are often deployed within broader energy-managed systems that improve charger performance without wasting available capacity. This planning approach helps unlock more viable project locations and supports scalable charger deployment in areas where raw electrical capacity alone may otherwise restrict rollout.

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 What are the major types in the DC High Power Charger Market?

50kw-150kw150kw-350kw350kw Above

What are the main applications of the DC High Power Charger Market?

Plug-in Hybrid Electric VehicleBattery Electric Vehicle

Key Players in the DC High Power Charger Market

Eaton provides DC fast charging infrastructure and electrical systems supporting high-power EV charging and fleet electrification.ABB develops high-power DC fast chargers widely deployed in public, commercial, and highway EV charging networks.XCharge Inc. designs high-power DC charging systems, including solutions integrated with energy storage for EV infrastructure.BYD manufactures electric vehicles and produces DC fast charging equipment as part of its integrated e-mobility ecosystem.Fastned operates a network of high-power DC fast charging stations across Europe powered by renewable energy.IES Synergy develops DC fast charging stations and smart energy management solutions for EV infrastructure.EVgo operates a large public DC fast-charging network, providing high-power charging services for electric vehicles.EVBox supplies DC fast charging stations and scalable EV charging infrastructure solutions for commercial and public use.Siemens offers high-power EV charging systems integrated with smart grid and energy management technologies.Allego BV operates ultra-fast DC charging networks across Europe for public and fleet electric vehicle charging.Phoenix Contact manufactures EV charging hardware, including DC fast chargers and power electronics components.Tesla Inc. operates a global Supercharger network featuring high-power DC charging technology for rapid EV charging.GARO develops EV charging equipment, including DC fast chargers for residential, commercial, and public applications.Ensto Group provides EV charging systems, including DC fast chargers integrated with intelligent energy solutions.ChargePoint operates a large global EV charging network and supplies DC fast charging solutions for multiple use cases.Leviton manufactures EV charging infrastructure and electrical components supporting DC fast charging installations.Blink (Blink Charging) provides EV charging equipment and network services, including DC fast charging stations.Schneider Electric delivers integrated EV charging solutions, including high-power DC chargers within its energy management portfolio.General Electric develops power conversion and electrical infrastructure technologies that support DC fast charging systems.AeroVironment supplies EV charging systems, including fast charging solutions for commercial and industrial applications.Panasonic supports EV charging infrastructure through battery technology and energy systems integration.Chargemaster (BP Pulse) operates rapid and ultra-fast DC charging networks across multiple regions.Auto Electric Power Plant provides EV charging equipment and DC fast charging solutions for industrial and commercial applications.

Which region dominates the DC High Power Charger Market?

Asia-Pacific remains a major growth center due to rapid electric vehicle adoption, urban charging pressure, and strong manufacturing-linked ecosystem development across key mobility markets. In other regions, growth is emerging through selective corridor projects, city-based fast-charging hubs, and early network formation around high-traffic routes.

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What are some related markets to the DC High Power Charger Market?

The global Vehicle-to-Grid Technology market is projected to grow from USD 805.1 Million in 2024 to USD 3236.9 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 26.1% during the forecast period.EV Charging Connectors MarketEV Home AC Charger MarketThe global Split Type DC Ultra-fast Charging System market was valued at USD 1592 Million in 2025 and is anticipated to reach USD 5210 Million by 2032, at a CAGR of 18.7% from 2026 to 2032.The global market for Wireless EV Charging System was valued at USD 325 Million in the year 2024 and is projected to reach a revised size of USD 1049 Million by 2031, growing at a CAGR of 18.5% during the forecast period.The global market for Electric Vehicle Battery-Swapping was valued at USD 1239 Million in the year 2024 and is projected to reach a revised size of USD 3189 Million by 2031, growing at a CAGR of 14.4% during the forecast period.The global market for Megawatt Battery Energy Storage System was valued at USD 1251 Million in the year 2024 and is projected to reach a revised size of USD 2549 Million by 2031, growing at a CAGR of 10.7% during the forecast period.EV Power Electronics Controller Unit MarketThe global GaN and SiC Power Semiconductor market size was USD 5279 Million in 2024 and is forecast to a readjusted size of USD 21056 Million by 2031 with a CAGR of 21.0% during the forecast period 2025-2031.Microgrid Management System MarketThe global market for EV DC Chargers was valued at USD 3729 Million in the year 2024 and is projected to reach a revised size of USD 14480 Million by 2031, growing at a CAGR of 21.7% during the forecast period.

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Technology

PhotonPay Recognized as Global FinTech Trailblazer with Dual Prestigious Service Awards

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June 15, 2026

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PhotonPay has earned dual industry honors from EqualOcean and Jiemian Cailian Intelligence Institute for its next-generation financial operating system powered by stablecoin.

HONG KONG, June 15, 2026 /PRNewswire/ — PhotonPay today announced its recognition as “EqualOcean 2026 GoGlobal FinTech Service Enablers Top 10”, and its selection as “New-Quality Service Provider of the Year” by Jiemian Cailian Intelligence Institute. Conferred during major industry summits in Shanghai, these dual honors underscore PhotonPay’s pivotal role in accelerating the next generation of global commerce and systemic economic enablement.

The selections were finalized through exhaustive, multi-month evaluation frameworks — incorporating the data-and-expert review of Jiemian Cailian Intelligence Institute, alongside EqualOcean’s rigorous screening of over 500 international applicants. By assessing candidates on deep structural capability, regulatory adaptability, and systemic empowerment, these evaluations validate PhotonPay’s position as a foundational layer of global financial orchestration.

Globalization has evolved. Instead of just shipping goods via linear supply chains, businesses now operate complex, multi-market ecosystems. Navigating fragmented regional regulations and shifting trade patterns introduces significant operational friction. To scale effectively, enterprises require global financial networks that are resilient, compliant, and deeply integrated.

PhotonPay delivers this agility through a unified financial operating system powered by stablecoins, which has served over 200,000 enterprises globally. Whether managing digital ads spend, global logistics payout, e-commerce collection, or global payroll, businesses use PhotonPay to consolidate fragmented capital workflows. By combining traditional clearing networks with emerging stablecoin rails, the platform reduces conventional banking friction, mitigating FX volatility and accelerating fund velocity.

Underpinning this operational efficiency is a robust global compliance architecture, fortified by over 15 critical financial and payment licenses across key jurisdictions. PhotonPay leverages AI to automate risk management. By acting as an intelligent layer over the core infrastructure, these AI tools scan shifting local regulatory matrices, handle high-frequency AML/CFT screening, and detect fraud in real time — allowing businesses to transact globally with confidence and security.

“Global commerce thrives when financial friction disappears,” said Lewison Chen, Founder and CEO of PhotonPay. “We don’t view payments as isolated transactions, but as the essential infrastructure that drives business scale. This recognition reinforces our commitment to building an intelligent financial operating platform that helps enterprises navigate global markets with agility.”

Moving forward, PhotonPay will continue deepening its global compliance network and scaling its digital financial infrastructure. By bridging TradFi with emerging technologies like stablecoins and agentic commerce, the company aims to simplify international liquidity and empower more businesses to achieve borderless growth.

About PhotonPay

PhotonPay is a stablecoin-powered financial operating system built for the stablecoin era. Designed for modern enterprises, PhotonPay enables businesses to send, receive, convert, and settle funds across both fiat and stablecoin rails through a single, compliance-first integration, spanning 200+ countries and territories.

For more information, visit [www.photonpay.com].

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Manz Asia Successfully Delivers World’s First 310mm × 310mm Panel-Level Packaging ECD Production System

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June 15, 2026

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World’s first 310mm × 310mm panel-level packaging (PLP) Electrochemical Deposition (ECD) production system delivered to customer lineOmni x-series covering 310mm, 510mm, and 700mm platforms, enabling a broad range of panel-level manufacturing applications.Supports FOPLP, CoPoS, and TGV applications for AI, HPC, and advanced memory markets

TAOYUAN, June 15, 2026 /PRNewswire/ — A leading semiconductor advanced packaging equipment manufacturer, Manz Asia, has successfully delivered the world’s first 310mm × 310mm panel-level packaging (PLP) Electrochemical Deposition (ECD) mass production system. The system expands Manz Asia’s advanced packaging portfolio and showcases its integrated in-house expertise in process innovation, equipment engineering, and high-volume manufacturing.

The new ECD platform is designed with high flexibility to support both glass and metal square carriers and integrates wet chemical process modules for Redistribution Layer (RDL) fabrication. It is engineered for FOPLP-, CoPoS-, and TGV-based advanced packaging architectures. The 310mm × 310mm format offers advantages in scalability, panel utilization, and production yield, positioning it as a key enabling technology for panel-level packaging to support AI, high-performance computing (HPC), high-bandwidth memory (HBM), and high-speed interconnect applications.

Advanced packaging is increasingly converging with leading-edge semiconductor process technologies, with manufacturing capacity progressively concentrated in Taiwan. This shift is accelerating integration across process nodes and packaging architectures in the global semiconductor supply chain. Leveraging strong in-house R&D capabilities and close collaboration with leading IDM and packaging customers, Manz Asia continues to accelerate technology iteration and volume production deployment, strengthening its position in the global panel-level packaging equipment ecosystem.

The ECD system seamlessly integrates a full suite of wet chemical process modules, including cleaning, developing, etching, and stripping, and supports both spin and spray processing modes, creating a comprehensive 310mm × 310mm panel-level RDL manufacturing solution under the “Omni 310x” platform.

The Omni x-series now spans Omni 310x (310mm × 310mm), Omni 510x (510mm × 515mm), and Omni 700x (700mm × 700mm), forming a scalable platform architecture for panel-level mass production. The modular system design enables flexible configuration across different device architectures, process flows, and production capacity requirements, supporting development, qualification, pilot production, and high-volume manufacturing. It strengthens Manz Asia’s competitiveness in the global advanced packaging equipment market.

Robert Lin, CEO of Manz Asia, said the successful deployment of the Omni 310x into customer production lines reflects growing market demand for advanced packaging platforms that combine flexibility with production readiness. “As advanced packaging becomes increasingly central to AI and high-performance computing (HPC) architectures, capabilities such as process control, scalability, and seamless integration into high-volume manufacturing environments have become key competitive differentiators,” he said.

He added that Manz Asia will continue to advance its technology roadmap as a global-class equipment supplier, further strengthening its integration of ECD and wet chemical process technologies to improve manufacturing efficiency, yield stability, and production ramp-up. “We aim to accelerate the deployment of next-generation packaging technologies in FOPLP, CoPoS, and TGV, while reinforcing supply chain resilience across the semiconductor ecosystem,” he said. “Through a multi-platform strategy spanning 310mm, 510mm, and 700mm, we provide a consistent technology pathway from process development to high-volume manufacturing, enabling customers to scale efficiently and predictably. The Omni x-series roadmap is designed to support sustainable and scalable capacity expansion for next-generation semiconductor packaging applications.”

About Manz Asia

Manz Asia delivers semiconductor equipment and solutions built on core technologies in Electrochemical Deposition (ECD), wet chemistry, digital printing, automation, and software integration. Our expertise covers advanced packaging (FOPLP / CoPoS) and IC substrate processing (glass and organic core), supporting customers from R&D to high-volume manufacturing. Through system solutions, contract manufacturing, and sales representation, we help customers accelerate time-to-market, boost yield, and stay competitive in the fast-evolving semiconductor industry.

www.manz.com.tw/en

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Midea Launches “Agentic Factory Overseas Expansion Solution,” Marking a New Stage for Chinese Enterprises Going Global

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June 15, 2026

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FOSHAN, China, June 15, 2026 /PRNewswire/ — On June 9, 2026, Midea Group launched its “Agentic Factory Overseas Expansion Solution”.Building on the transformation of its Jingzhou washing machine factory, which received the world’s first WRCA Agentic Factory certification in August 2025, Midea has launched a modular, standardized, and field-validated solution. It includes cross-cultural employee training and cross-border supply chain traceability, and has been deconstructed into 12 rapidly replicable modules for global factory deployment.

According to Deloitte, 55% of Chinese enterprises hope to seek growth through overseas expansion. Midea has identified three persistent challenges: long-distance cross-border supply chains, inconsistent quality standards across export markets, and multinational workforce management difficulties caused by differences in language, culture, and labor regulations.

The solution has been validated at Midea Thailand Refrigeration Plant. Through 72 AI applications and 13 major agents across 25 scenarios, the factory reduced end-to-end order lead time by 43%, lowered customer complaint rates by 32%, and shortened employee training and certification cycles by 62%, demonstrating that China’s intelligent manufacturing capabilities can be replicated globally.

For workforce training, Midea introduced an AIGC + VR multilingual training system, reducing new employee training from eight days to three days. For quality control, Midea launched a VOC-to-VOP seven-step quality solution powered by an expert knowledge base of more than 12 million quality-related cases, enabling customer complaints to be traced to production lines and root causes within seconds.

For supply chain resilience, Midea developed a cross-border supply chain AI agent that monitors 35 core nodes in real time, reducing exception-handling response time from 48 hours to within 12 hours and keeping raw material on-time arrival rates above 96%. Together with Annto’s integrated KD logistics solution, the material kitting rate can exceed 99%.

At the Thailand factory, the finished product defect rate has been reduced by 50%. Midea Cloud,KUKA, Annto, Hiconics, CLOU Electronics, and Midea Building Technologies further support cost reduction and efficiency improvement through automated production, reusable packaging, and integrated energy-saving solutions.

Midea also introduced the “Midea Go-Global Partner Program.” According to Simon Zhang, Vice President and Chief Digital Officer of Midea Group, the program is not merely about standardized equipment, but about turning Midea’s accumulated experience into practical guidance and implementation support.

This co-building model has already delivered results. Wuhan Honghai Technology completed its 2024 Thailand capacity expansion from infrastructure construction to production launch in five months with Midea’s support, and its Thailand business volume increased by 1.6 times in 2025. Xiamen Hexing Packaging, an 18-year Midea partner, has expanded from a domestic supplier into a global partner, establishing factories in Southeast Asia and North America and joining Midea’s global strategic partner whitelist in 2025.

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SOURCE Midea Group Co., Ltd

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