Global Electric Vehicle Onboard Charger (OBC) Market Synopsis

The global market for Electric Vehicle Onboard Charger (OBC) valued at USD 3.04 Billion in 2022 is projected to reach a revised size of USD 14.29 Billion by 2030, growing at a CAGR of 21.34% over the period 2023-2030.

The Electric Vehicle Onboard Charger (OBC) plays a vital role by converting alternating current (AC) obtained from the grid into direct current (DC) for charging an electric vehicle's battery pack. Integrated within the vehicle, this compact unit efficiently and securely oversees the charging procedure. Its primary functions involve regulating the voltage and current delivered to the battery, ensuring the battery receives an optimal charging environment.

  • The utilization of OBCs spans across a variety of electric vehicles, encompassing plug-in hybrids and battery electric vehicles. They play a crucial role in facilitating convenient charging options for EV owners, whether at home or while traveling, offering them flexibility. OBCs come in different power ratings to suit various vehicle models, enabling faster or slower charging rates based on the power source and battery capacity.
  • The benefits of Electric Vehicle Onboard Chargers are diverse. Initially, they provide convenience by enabling charging through standard power outlets or specialized charging stations, encouraging wider adoption of electric vehicles. Secondly, OBCs optimize the charging process by regulating power flow, ensuring battery safety, and extending its lifespan. Furthermore, these chargers contribute to energy efficiency by converting AC power from the grid into DC power with minimal losses, reducing energy wastage during charging.

ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET

Global Electric Vehicle Onboard Charger (OBC) Market Trend Analysis:

Expanding Charging Infrastructure

  • The rise in Electric Vehicle (EV) adoption owes much to the expanding network of charging stations, alleviating range anxiety and bolstering consumer confidence in EV ownership. Greater accessibility to charging points has made daily EV usage more convenient, resulting in a notable surge in EV adoption rates. The proliferation of charging stations has triggered a demand for adaptable Onboard Chargers (OBCs) capable of accommodating diverse plug types and charging capacities present in various electric vehicles. This necessity for versatile OBCs that support multiple charging standards is propelling the growth of the OBC market.
  • To meet the demand for compatibility, technological advancements in OBC technology are underway. Manufacturers are striving to produce more efficient, adaptable, and compact OBCs capable of handling various charging protocols. These advancements cater to consumer preferences and drive the expansion of the OBC market.
  • Governments globally are playing a pivotal role by incentivizing EV adoption and investing in charging infrastructure expansion. Supportive policies, subsidies, and regulations aimed at bolstering the number of charging stations are encouraging both consumers and businesses to invest in EVs, thereby stimulating the demand for OBCs.
  • This growing demand for charging infrastructure presents promising business opportunities within the EV charging ecosystem. Companies involved in OBC manufacturing and distribution are leveraging this surge in demand by providing innovative and efficient solutions, further fostering the growth of the OBC market.

The Rise of Bi-Directional Onboard Chargers and V2G/V2L Capabilities

  • New revenue streams have emerged for electric vehicle (EV) owners with the advent of bi-directional Onboard Chargers (OBCs) featuring Vehicle-to-Grid (V2G) and Vehicle-to-Load (V2L) capabilities. These advanced OBCs not only enable EVs to draw power from the grid but also offer the ability to supply stored energy back to the grid or power external devices. This functionality presents an opportunity for EV owners to engage in energy markets by selling surplus energy stored in their vehicle batteries, thereby creating additional income streams.
  • The integration of V2G technology allows EVs to discharge electricity back to the grid during peak demand periods or emergencies, aiding utilities in stabilizing the grid and meeting sudden spikes in electricity demand. Similarly, V2L enables EVs to serve as mobile power sources, providing electricity to external devices during emergencies or in areas with limited access to power. Likewise, bi-directional OBCs facilitate optimized energy management for EVs. They enable vehicles to charge during off-peak hours when electricity rates are lower and discharge power during peak demand or higher-cost periods. This smart charging approach benefits both EV owners and utilities by efficiently managing energy usage.
  • This technological advancement represents a significant opportunity for OBC manufacturers investing in research and development to produce reliable and cost-effective bi-directional OBCs. The market demand for these advanced charging solutions is expected to drive growth and innovation in this segment. Furthermore, government support through incentives, subsidies, or support programs may further accelerate the adoption of V2G and V2L technologies, thereby boosting the demand for bi-directional OBCs and fostering market growth and innovation.

Global Electric Vehicle Onboard Charger (OBC) Market Segment Analysis:

By Vehicle Type, Passenger Cars Segment is Expected to Dominate the Market During Forecast Period

  • Passenger cars, specifically electric cars, and plug-in hybrids, constituted a significant portion of the electric vehicle market, thus influencing the demand for onboard chargers.
  • Passenger cars have been at the forefront of the electric vehicle revolution, with various automakers introducing and expanding their electric vehicle line-ups. As a result, the demand for onboard chargers tailored to these passenger cars, offering different charging capacities and technologies, was notably high.
  • The passenger car segment held a dominant position in the electric vehicle market and consequently influenced the OBC market, the commercial vehicle segment was anticipated to gain momentum as more businesses and municipalities shifted towards electrification for their transportation needs.

By Propulsion, Battery Electric Vehicles Segment Held the Largest Share of 70% in 2022

  • The dominance of Battery Electric Vehicles (BEVs) in the Electric Vehicle Onboard Charger (OBC) market arises from their exclusive reliance on electric power for propulsion. Unlike Plug-In Hybrid Electric Vehicles (PHEVs) and Hybrid Electric Vehicles (HEVs) that blend both electric motors and combustion engines, BEVs solely depend on batteries and motors.
  • This reliance on electric power makes OBCs crucial for BEVs, as these chargers play a pivotal role in converting AC grid power into DC for charging their batteries. Consequently, the complete dependency of BEVs on OBCs naturally drives the demand for specific onboard charging solutions within this segment.
  • The BEV segment's dominance in driving OBC market demand is further propelled by the ongoing BEV revolution, which exhibits no signs of slowing down. Factors such as increasing battery range anxiety, government incentives supporting electric vehicle adoption, and growing environmental consciousness continue to fuel the surge in BEV adoption. As more BEVs enter the automotive market, the corresponding increase in demand for their specific OBCs solidifies the dominance of the BEV segment in the electric vehicle market.

Global Electric Vehicle Onboard Charger (OBC) Market Region Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

  • The Asia Pacific region, holds a commanding share of over 40%. Notably China and India, have experienced a significant surge in Electric Vehicle (EV) adoption, attributed to aggressive government incentives and ambitious electrification targets. This burgeoning demand for EVs has led to a direct increase in sales of Onboard Chargers (OBCs), highlighting the interdependency between the growth of EVs and OBCs in the market.
  • Government support plays a pivotal role in fostering the OBC market within the Asia Pacific region. Subsidies and infrastructure development initiatives provided by governments create a conducive environment for OBC manufacturers and contribute to the broader acceptance of EVs among consumers.
  • Asia Pacific's strong domestic production of OBCs, with prominent manufacturers such as BYD and Delta Electronics holding significant market shares, ensures a robust and cost-effective supply chain. This localized manufacturing not only reduces costs but also ensures the availability of OBCs, thereby bolstering market growth.

Global Electric Vehicle Onboard Charger (OBC) Market Key Players:

  • BorgWarner Inc. (USA)
  • Tenneco Inc. (USA)
  • Eaton Corporation (USA)
  • Delta Energy Systems (USA)
  • Bel Fuse Inc. (USA)
  • Magna International Inc. (Canada)
  • Valeo (France)
  • Continental AG (Germany)
  • Bosch Group(Germany)
  • Siemens AG (Germany)
  • KOSTAL Industrie Elektrik GmbH (Germany)
  • STMicroelectronics (Switzerland)
  • Dilong Technology Co., Ltd. (China)
  • Enpower Group Co., Ltd. (China)
  • EV-Tech Co., Ltd. (China)
  • TIECHENG Information Technology Co., Ltd. (China)
  • Shenzhen Inovtech Technology Co., Ltd. (China)
  • Electra EV (India)
  • Shinry Electric Co., Ltd. (Japan)
  • Toyota Industries Corporation (Japan)
  • LG Electronics (South Korea)
  • Hyundai Mobis Co., Ltd. (South Korea)
  • WEG Electric Corp. (Brazil), and Other Major Players

Key Industry Development in the Global Electric Vehicle Onboard Charger (OBC) Market:

In August 2023, The KOSTAL Group completed the acquisition of the entire operating business of the Compleo Group. The Compleo, one of Europe's leading full-service providers of electric vehicle charging technology, is now part of the global KOSTAL Group. With a heritage of 111 years as a family-owned business, KOSTAL has established its reputation in the automotive and industrial electrics sectors. In the future, Compleo customers will benefit from this in the expansion of charging infrastructure worldwide. Compleo will remain independent as a brand and company under the umbrella of the KOSTAL Group.

 In November 2023, BorgWarner signed an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for the automaker’s premium passenger battery electric vehicle (BEV) platforms. The technology leverages silicon carbide (SiC) power switches for improved efficiency and delivers amplified power density, power conversion, and safety compliance. The start of production is slated for January 2027.

Global Electric Vehicle Onboard Charger (OBC) Market

Base Year:

2022

Forecast Period:

2023-2030

 

Historical Data:

2017 to 2022

Market Size in 2022:

USD 3.04 Bn.

 

CAGR (2023-2030):

21.34%

Market Size in 2030:

USD 14.29 Bn.

 

Segments Covered:

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

 

By Propulsion

  • Battery Electric Vehicles
  • Plug-In Hybrid Electric Vehicles
  • Hybrid Electric Vehicles

 

By Rated Power

  • Less Than 3.3 Kw
  • 3.3-11 Kw
  • More Than 11 Kw

 

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

Key Market Drivers:

  • Expanding Charging Infrastructure

Key Market Restraints:

  • Competition from external charging solutions

Key Opportunities:

  • The Rise of Bi-Directional Onboard Chargers and V2G/V2L Capabilities

Companies Covered in the Report:

  • BorgWarner Inc., Tenneco Inc., Eaton Corporation, Continental AG, Toyota Industries Corporation, and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY VEHICLE TYPE (2016-2030)
    1. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. PASSENGER CARS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. COMMERCIAL VEHICLES
  7. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY PROPULSION (2016-2030)
    1. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. BATTERY ELECTRIC VEHICLES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. PLUG-IN HYBRID ELECTRIC VEHICLES
    5. HYBRID ELECTRIC VEHICLES
  8. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY RATED POWER (2016-2030)
    1. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. LESS THAN 3.3 KW
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. 3.3-11 KW
    5. MORE THAN 11 KW
  9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. BORGWARNER INC. (USA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. TENNECO INC. (USA)
    4. EATON CORPORATION (USA)
    5. DELTA ENERGY SYSTEMS (USA)
    6. BEL FUSE INC. (USA)
    7. MAGNA INTERNATIONAL INC. (CANADA)
    8. VALEO (FRANCE)
    9. CONTINENTAL AG (GERMANY)
    10. BOSCH GROUP (GERMANY)
    11. SIEMENS AG (GERMANY)
    12. KOSTAL INDUSTRIE ELEKTRIK GMBH (GERMANY)
    13. STMICROELECTRONICS (SWITZERLAND)
    14. DILONG TECHNOLOGY CO., LTD. (CHINA)
    15. EMPOWER GROUP CO., LTD. (CHINA)
    16. EV-TECH CO., LTD. (CHINA)
    17. TEACHING INFORMATION TECHNOLOGY CO., LTD. (CHINA)
    18. SHENZHEN INOVTECH TECHNOLOGY CO., LTD. (CHINA)
    19. ELECTRA EV (INDIA)
    20. SHINRY ELECTRIC CO., LTD. (JAPAN)
    21. TOYOTA INDUSTRIES CORPORATION (JAPAN)
    22. LG ELECTRONICS (SOUTH KOREA)
    23. HYUNDAI MOBIS CO., LTD. (SOUTH KOREA)
    24. WEG ELECTRIC CORP. (BRAZIL)
  10. GLOBAL ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Vehicle Type
      4. Historic And Forecasted Market Size By Propulsion
      5. Historic And Forecasted Market Size By Rated Power
      6. Historic And Forecasted Market Size By Segment4
      7. Historic And Forecasted Market Size By Segment5
      8. Historic And Forecasted Market Size By Segment6
      9. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  11. INVESTMENT ANALYSIS
  12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Global Electric Vehicle Onboard Charger (OBC) Market

Base Year:

2022

Forecast Period:

2023-2030

 

Historical Data:

2017 to 2022

Market Size in 2022:

USD 3.04 Bn.

 

CAGR (2023-2030):

21.34%

Market Size in 2030:

USD 14.29 Bn.

 

Segments Covered:

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

 

By Propulsion

  • Battery Electric Vehicles
  • Plug-In Hybrid Electric Vehicles
  • Hybrid Electric Vehicles

 

By Rated Power

  • Less Than 3.3 Kw
  • 3.3-11 Kw
  • More Than 11 Kw

 

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

 

Key Market Drivers:

  • Expanding Charging Infrastructure

Key Market Restraints:

  • Competition from external charging solutions

Key Opportunities:

  • The Rise of Bi-Directional Onboard Chargers and V2G/V2L Capabilities

Companies Covered in the Report:

  • BorgWarner Inc., Tenneco Inc., Eaton Corporation, Continental AG, Toyota Industries Corporation, and Other Major Players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY VEHICLE TYPE
TABLE 008. PASSENGER CARS MARKET OVERVIEW (2016-2028)
TABLE 009. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 010. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY PROPULSION
TABLE 011. BATTERY ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 012. PLUG-IN HYBRID ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 013. HYBRID ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 014. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET BY RATED POWER
TABLE 015. LESS THAN 3.3 KW MARKET OVERVIEW (2016-2028)
TABLE 016. 3.3-11 KW MARKET OVERVIEW (2016-2028)
TABLE 017. MORE THAN 11 KW MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 019. NORTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY PROPULSION (2016-2028)
TABLE 020. NORTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY RATED POWER (2016-2028)
TABLE 021. N ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 023. EUROPE ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY PROPULSION (2016-2028)
TABLE 024. EUROPE ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY RATED POWER (2016-2028)
TABLE 025. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 027. ASIA PACIFIC ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY PROPULSION (2016-2028)
TABLE 028. ASIA PACIFIC ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY RATED POWER (2016-2028)
TABLE 029. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY PROPULSION (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY RATED POWER (2016-2028)
TABLE 033. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY COUNTRY (2016-2028)
TABLE 034. SOUTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 035. SOUTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY PROPULSION (2016-2028)
TABLE 036. SOUTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY RATED POWER (2016-2028)
TABLE 037. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET, BY COUNTRY (2016-2028)
TABLE 038. FICOSA CORPORATION: SNAPSHOT
TABLE 039. FICOSA CORPORATION: BUSINESS PERFORMANCE
TABLE 040. FICOSA CORPORATION: PRODUCT PORTFOLIO
TABLE 041. FICOSA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. LG ELECTRONICS: SNAPSHOT
TABLE 042. LG ELECTRONICS: BUSINESS PERFORMANCE
TABLE 043. LG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 044. LG ELECTRONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. HYUNDAI MOBIS CO. LTD: SNAPSHOT
TABLE 045. HYUNDAI MOBIS CO. LTD: BUSINESS PERFORMANCE
TABLE 046. HYUNDAI MOBIS CO. LTD: PRODUCT PORTFOLIO
TABLE 047. HYUNDAI MOBIS CO. LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. BORGWARNER INC.: SNAPSHOT
TABLE 048. BORGWARNER INC.: BUSINESS PERFORMANCE
TABLE 049. BORGWARNER INC.: PRODUCT PORTFOLIO
TABLE 050. BORGWARNER INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. BEL POWER SOLUTIONS: SNAPSHOT
TABLE 051. BEL POWER SOLUTIONS: BUSINESS PERFORMANCE
TABLE 052. BEL POWER SOLUTIONS: PRODUCT PORTFOLIO
TABLE 053. BEL POWER SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. BRUSA ELEKTRONIK AG: SNAPSHOT
TABLE 054. BRUSA ELEKTRONIK AG: BUSINESS PERFORMANCE
TABLE 055. BRUSA ELEKTRONIK AG: PRODUCT PORTFOLIO
TABLE 056. BRUSA ELEKTRONIK AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. DELPHI TECHNOLOGIES: SNAPSHOT
TABLE 057. DELPHI TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 058. DELPHI TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 059. DELPHI TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. TOYOTA INDUSTRIES CORPORATION: SNAPSHOT
TABLE 060. TOYOTA INDUSTRIES CORPORATION: BUSINESS PERFORMANCE
TABLE 061. TOYOTA INDUSTRIES CORPORATION: PRODUCT PORTFOLIO
TABLE 062. TOYOTA INDUSTRIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. XEPICS ITALIA SRL: SNAPSHOT
TABLE 063. XEPICS ITALIA SRL: BUSINESS PERFORMANCE
TABLE 064. XEPICS ITALIA SRL: PRODUCT PORTFOLIO
TABLE 065. XEPICS ITALIA SRL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. INFINEON TECHNOLOGIES AG: SNAPSHOT
TABLE 066. INFINEON TECHNOLOGIES AG: BUSINESS PERFORMANCE
TABLE 067. INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 068. INFINEON TECHNOLOGIES AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. STERCOM POWER SOLUTIONS GMBH: SNAPSHOT
TABLE 069. STERCOM POWER SOLUTIONS GMBH: BUSINESS PERFORMANCE
TABLE 070. STERCOM POWER SOLUTIONS GMBH: PRODUCT PORTFOLIO
TABLE 071. STERCOM POWER SOLUTIONS GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. EATON CORPORATION: SNAPSHOT
TABLE 072. EATON CORPORATION: BUSINESS PERFORMANCE
TABLE 073. EATON CORPORATION: PRODUCT PORTFOLIO
TABLE 074. EATON CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 075. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 076. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 077. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 012. PASSENGER CARS MARKET OVERVIEW (2016-2028)
FIGURE 013. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 014. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY PROPULSION
FIGURE 015. BATTERY ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 016. PLUG-IN HYBRID ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 017. HYBRID ELECTRIC VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 018. ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY RATED POWER
FIGURE 019. LESS THAN 3.3 KW MARKET OVERVIEW (2016-2028)
FIGURE 020. 3.3-11 KW MARKET OVERVIEW (2016-2028)
FIGURE 021. MORE THAN 11 KW MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA ELECTRIC VEHICLE ONBOARD CHARGER (OBC) MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Global Electric Vehicle Onboard Charger (OBC) Market research report?

The forecast period in the Global Electric Vehicle Onboard Charger (OBC)Market research report is 2023-2030.

Who are the key players in the Global Electric Vehicle Onboard Charger (OBC) Market?

BorgWarner Inc. (USA), Tenneco Inc. (USA), Eaton Corporation (USA), Delta Energy Systems (USA), Bel Fuse Inc. (USA), Magna International Inc. (Canada), Valeo (France), Continental AG (Germany), Bosch Group (Germany), Siemens AG (Germany), KOSTAL Industrie Elektrik GmbH (Germany), STMicroelectronics (Switzerland), Dilong Technology Co., Ltd. (China), Enpower Group Co., Ltd. (China), EV-Tech Co., Ltd. (China), TIECHENG Information Technology Co., Ltd. (China), Shenzhen Inovtech Technology Co., Ltd. (China), Electra EV (India), Shinry Electric Co., Ltd. (Japan), Toyota Industries Corporation (Japan), LG Electronics (South Korea), Hyundai Mobis Co., Ltd. (South Korea), WEG Electric Corp. (Brazil), and Other Major Players.

What are the segments of the Global Electric Vehicle Onboard Charger (OBC) Market?

The Global Electric Vehicle Onboard Charger (OBC) Market is segmented into Vehicle Type, Propulsion, Rated Power, and Region. By Vehicle Type, the market is categorized into Passenger Cars, Commercial Vehicles. By Propulsion, the market is categorized into Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, and Hybrid Electric Vehicles. By Rated Power, the market is categorized into Less Than 3.3 Kw, 3.3-11 Kw, and More Than 11 Kw. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Electric Vehicle Onboard Charger (OBC) Market?

An Electric Vehicle Onboard Charger (OBC) is a crucial component that manages the charging process of an electric vehicle (EV). It converts alternating current (AC) from a charging station into direct current (DC) for the vehicle's battery. The OBC optimizes charging efficiency, monitors battery conditions, and ensures safe and rapid charging, contributing significantly to the overall performance and usability of electric vehicles.

How big is the Global Electric Vehicle Onboard Charger (OBC) Market?

The Global Market for Electric Vehicle Onboard Charger (OBC) valued at USD 3.04 Billion in 2022 is projected to reach a revised size of USD 14.29 Billion by 2030, growing at a CAGR of 21.34% over the period 2023-2030.