Press release
On-Board Charger Market 2023 - Size, Share, Segments, Insights, Data, Research, And Forecast
On-Board Charger Market
As per the on-board charger market report by The Business Research Company, the increase in demand for electric vehicles is expected to propel the growth of the on-board charger market.
The global on-board charger market size grew from $3.58 billion in 2022 to $4.29 billion in 2023 at a compound annual growth rate (CAGR) of 19.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The on-board charger market size is expected to grow to $8.67 billion in 2027 at a CAGR of 19.3%.
Read More On The On-Board Charger Market Report Here:
https://www.thebusinessresearchcompany.com/report/on-board-charger-global-market-report
Major competitors in the on-board charger market include Delta Energy Systems, Toyota Motor Corporation, Eaton Corporation, STMicroelectronics, Stercom Power Solutions GmbH, BRUSA Elektronik AG, innolectric AG, Infineon Technologies AG, Bel Fuse Inc., NXP Semiconductors N.V., Ficosa International SA, Delphi Technologies PLC, LG Chem Ltd., Current Ways Inc., TDK Corporation, Panasonic Corporation, and BorgWarner Inc.
The on-board charger market is segmented -
• By Power Output: Below 7.2 kW, 7.2 kW-15 kW, Above 15 kW
• By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
• By Vehicle Type: Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the on-board charger market in 2022.
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The on-board charger refers to a device or energy supply system that is built for the vehicle to charge the traction battery of an electric vehicle (EV), a hybrid electric vehicle (HEV). The primary purpose of an on-board charger (OBC) is to transfer and manage the flow of electricity from the power grid to the battery. This onboard charger (OBCs) allows the battery to get recharged from the AC mains at home or from outlets found in private or public charging stations, which provides constant current or voltage charging.
The Table Of Content For The On-Board Charger Market Include:
1. Executive Summary
2. On-Board Charger Market Characteristics
3. On-Board Charger Market Trends And Strategies
4. On-Board Charger Market - Macro Economic Scenario
5. On-Board Charger Market Size And Growth
6. On-Board Charger Market Segmentation
……
26. Africa On-Board Charger Market
27. On-Board Charger Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The On-Board Charger Market
29. On-Board Charger Market Future Outlook And Potential Analysis
30. Appendix
The "Global On-Board Charger Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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