The Global On-Board Charger market is expected to reach $4.19 billion by 2026 growing at a CAGR of 18.3% from 2019 to 2026. An on-board charger (OBC) is used in an electric vehicle (EV), hybrid electric vehicle (HEV) or in plug-in hybrid vehicles to charge the traction battery. The on-board charger system equipped in an electric vehicle that converts the alternation current (AC) power into direct current (DC) energy that is stored in the battery.
Factors such as rise in penetration of electric vehicles and increase in government initiatives for the development of electric vehicle charging infrastructure are driving the growth of the market. However, the lack of standardization of EV charging and an increase in installation of fast DC chargers is restraining the growth of the market.
Based on the vehicle type, the passenger vehicle segment is going to have a lucrative growth during the forecast period due to adaptation of electric passenger vehicles in the developed countries and increase in sales of passenger electric cars.
- NXP Semiconductor N.V.
- Mitsubishi Electric Corp.
- Infineon Technologies AG
- Delta-Q Technologies Corporation
- AVID Technology
- Texas Instruments
- Panasonic Corp.
- Current Ways, Inc.
- Lear Corporation
- Eaton Corporation
- BRUSA Elektronik AG
- Delphi Technologies
- NOCO Company
Key Questions Answered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
3 Market Dynamics
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global On-Board Charger Market, by Vehicle Type
5.2 Passenger Vehicle
5.3 Commercial Vehicle
6 Global On-Board Charger Market, by Power Output
6.2 more than 20 KW
6.3 10 KW-20 KW
6.4 Less than 10 KW
7 Global On-Board Charger Market, by Propulsion Type
7.2 Battery Electric Vehicle (BEV)
7.3 Plug-in Hybrid Electric Vehicle (PHEV)
8 Global On-Board Charger Market, by End User
8.2 Original Equipment Manufacturer (OEMs)
9 Global On-Board Charger Market, by Application
9.2 Electric Vehicle (EV)
10 Global On-Board Charger Market, by Geography
10.2 North America
10.4 Asia Pacific
10.5 South America
10.6 Middle East & Africa
11 Strategic Benchmarking
12 Vendors Landscape
For more information about this report visit https://www.researchandmarkets.com/r/2tlnxv