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Last Updated: Apr 25, 2025 | Study Period:
The in-cable control box is located between the power plug and the vehicle connector of the at-home EVSE (ICCB). By communicating information between the car and the charger outlet, this gadget is in charge of ensuring that charging is done safely.
In order to replenish the batteries, the vehicle transforms this AC power to DC electricity. An EVSE "charging station" uses multiple levels of redundant safety protections to shield the user from potential electrical and fire hazards while connecting, disconnecting, and charging the car, even if the real "battery charger" is on the vehicle.
The key to broader EV adoption is making sure that charging systems for these vehicles function securely and reliably as they grow more popular around the world. This is largely supported by IEC International Standards for conductive charging systems for electric vehicles. The general requirements for these have recently undergone an update.
The Global EV charging safety relay market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In order to address every problem brought on by inefficient home charging, BOLT LITE was created. It offers EV owners a secure and reasonably priced way to charge their EVs.
It can be deployed in less than 30 minutes with minimal to no maintenance and is suitable with two-, three-, and four-wheel EVs. It also requires no new infrastructure.
With an integrated MCB that immediately shuts down electrical circuits in the event of any abnormal electrical network conditions, such as overload and short circuit conditions, it provides dual-layer protection.
By using the BOLT app, the smart energy meter divides the energy used by the BOLT LITE charging socket vs. the home's power source. Due to its IP65 certification, BOLT LITE offers total protection against dust, oil, water, and other non-corrosive materials.
It can also withstand all weather conditions. Users benefit from faster charging and an effective power transfer, which helps to guarantee that their EV is fully charged overnight.
BOLT LITE connects EV customers across the nation and has IoT capabilities. It provides access to a lifetime of passive income and includes an energy calculator to track power usage. Owners have the option to toggle the charging port state between public and private. Public charging ports are accessible to everyone and can be reserved using the BOLT app.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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