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40kW EV Charging Module for DC Charger Market Research: the market reached US$ 600 million in 2024

09-28-2025 03:47 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research Inc.

40kW EV Charging Module for DC Charger Market Research:

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%.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample/4926844

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.

Downstream Users

ABB E-mobility
Delta Electronics
Siemens eMobility
Schneider Electric
Tritium
Kempower
EVBox
Alpitronic
Efacec
Circontrol
Phihong Technology
Ingeteam
Autel Energy
Star Charge
TELD

Request for Pre-Order Enquiry On This Report https://www.qyresearch.com/customize/4926844

About us:

QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.

Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.

We have partners in over 160 countries, providing comprehensive coverage of both sales and research networks. A 90% client return rate and long-term cooperation with key partners demonstrate the high level of service and quality QY Research delivers.

More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.

Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp

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