Global 40kW EV Charging Module for DC Charger Market to Reach USD 1328 Million by 2031 at 12% CAGR Driven by Infypower and UUGreenPower

According to the recent report from QYResearch, the global market for 40 kW EV charging modules, the core power units inside DC fast chargers, is experiencing rapid growth driven by silicon carbide adoption, liquid-cooling expansion, and regulatory changes shaping global supply chains. The market reached US$ 600 million in 2024 and is forecast to achieve US$ 1,328 million by 2031 with a 12.0% CAGR from 2025 to 2031. In 2024, the average unit price was approximately US$ 1,150, with an annual production volume of about 521,739 modules, underscoring the scaling demand from public and commercial charging networks.

Based on current online quotes for 40 kW EV DC charging modules (~US$1,020-1,500 per unit), an average selling price (ASP) of ~US$1,150 is reasonable. Using a peer gross-margin benchmark around ~38% for a leading EV power-electronics supplier, a conservative 35% margin yields: Cost ≈ US$750/unit, Gross Profit ≈ US$400/unit, Gross Profit Margin ≈ 35%.

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Leading Companies
Infypower
UUGreenPower
TELD
Tonhe Electronics Technologies
Winline Technology
Huawei
Shenzhen Sinexcel Electric
Shenzhen Increase Tech
Kstar Science&Technology
XYPower

Applications
• Public Charging Stations
• Commercial Charging Stations

Classification
• Air Cooling
• Liquid Cooling

Latest Data
• Market Size 2024: US$ 600 million
• Forecast 2031: US$ 1,328 million
• CAGR (2025-2031): 12.0%
• Average Price 2024: ~US$ 1,150 per 40 kW module
• Production 2024: ~521,739 units
• Regions: North America, Europe, Asia Pacific, South America, Middle East & Africa
• Segmentation: By cooling method (air, liquid) and by application (public, commercial)

Recent Developments 2024-2025
Winline Technology in 2025 launched a fully-potted 40 kW AC/DC module designed to comply with IEC 61851-23:2023 and EMC Class B standards, with ultra-low standby consumption and high reliability for deployment in Europe and North America.

UUGreenPower expanded deployment of its UR100040-LQ liquid-cooled modules throughout 2024 and into 2025, offering IP65 protection, high reliability, and silent operation, supporting a new generation of liquid-cooled "supercharging" sites.

Infypower in 2025 released the REG1K0135 full-SiC 40 kW module, which provides over 97.5% peak efficiency, UL/EN61851 certifications, and U.S. Build America, Buy America (BABA) compliance. The company also integrated these modules into 480 kW all-in-one HPC cabinets, demonstrating the scalability of its modular architecture.

Shenzhen Sinexcel Electric emphasized its SER100040K3B 40 kW module with an ultra-wide 50-1000 VDC output window and a constant power range of 300-1000 V. Achieving 97.03% peak efficiency, it showcases the benefits of third-generation SiC technology.

Shenzhen Kehua obtained CE, CB, and UL certifications for a new 40 kW SiC charging module in 2025, reflecting the wider industry trend toward fully certified SiC platforms for international markets.

Five Representative Products
UUGreenPower - UR100040-LQ Liquid-Cooled 40 kW AC/DC Module
• Input: 260-530 VAC, 3-phase, PF ≥ 0.98, THD < 5%
• Output: 150-1000 VDC, 0-133 A, 40 kW constant ≥ 300 V
• Efficiency: >97%, standby 97.5% peak, >96.5% full load
• UL2202, EN61851, EMC Class B compliant
• Size: 84 × 300 × 395 mm, ≤17 kg, noise 55-78 dB
Shenzhen Sinexcel Electric - SER100040K3B 40 kW AC/DC Module
• Topology: Interleaved LLC, 3rd-gen SiC MOSFET
• Output: 50-1000 VDC, constant power 300-1000 V
• Efficiency: 97.03% peak
• Hot-swappable, high-reliability design
Winline Technology - UXR100040B 40 kW AC/DC Module
• Input: 260-530 VAC, max input current

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This release was published on openPR.