On-Board Charger Market Growth Expected to Reach USD 29039.13 Million by 2032 | CAGR of 18.4%

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐨𝐧-𝐛𝐨𝐚𝐫𝐝 𝐜𝐡𝐚𝐫𝐠𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐨𝐢𝐬𝐞𝐝 𝐭𝐨 𝐰𝐢𝐭𝐧𝐞𝐬𝐬 𝐚 𝐡𝐞𝐚𝐥𝐭𝐡𝐲 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 18.4% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 𝐟𝐫𝐨𝐦 2024 𝐭𝐨 2032. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 6370.00 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2023 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 29039.13 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032.

The rising number of AC public and private charging stations worldwide is the primary factor driving the market growth. Besides, the surging penetration of electric vehicles across the globe is another factor supporting the development of the market.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/on-board-charger-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
An on-board charger (OBC) is one of the most vital components of an electric vehicle. It is responsible for converting alternating current (AC) for a power source into direct current (DC) to charge the vehicle's battery pack. The electric components used in an on-board charger (OBC) offer a way to recharge the battery from the AC mains either at home or outlets found in private or public charging stations.

An on-board charger consists of several components, which include signal conditioning components, high voltage isolation AC-DC convertors, gate drivers, error amplifiers, and other power electronic components. Based on their power output, on-board chargers are broadly classified into three categories, including less than 11 kW, 11 kW to 22 kW, and more than 22 kW.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
The global on-board charger market is characterized by fragmentation. The industry has the presence of both new entrants and established players. Among the key industry players include:
• AVID Technology Limited
• Bel Fuse Inc.
• BRUSA Elektronik AG
• Delta Energy Systems
• Eaton
• Ficosa Internacional SA
• innolectric AG
• Stercom Power Solutions GmbH
• STMicroelectronics
• Toyota Industries Corporation.

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/1002/2

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
The market segmentation is primarily based on power output, vehicle, propulsion, and region. By vehicle analysis, the passenger cars segment accounted for the largest revenue share owing to the increased demand for electric cars, especially cab services. By propulsion analysis, the BEV segment witnessed the largest industry share owing to the increased demand for BEV vehicles. Furthermore, the PHEV segment is projected to be the fastest-growing segment in the on-board charger market.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/on-board-charger-market

• 𝐁𝐲 𝐏𝐨𝐰𝐞𝐫 𝐎𝐮𝐭𝐩𝐮𝐭
o Less than 11 kW
o 11 kW to 22 kW
o More than 22 kW

• 𝐁𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞
o Passenger Cars
o Buses
o Vans
o Medium & Heavy-Duty Vehicles
o Boats
o Others

• 𝐁𝐲 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧
o Battery Electric Vehicle (BEV)
o Plug-in Hybrid Electric Vehicle (PHEV)

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐅𝐥𝐢𝐠𝐡𝐭 𝐁𝐚𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/electronic-flight-bag-market
𝐀𝐢𝐫 𝐐𝐮𝐚𝐥𝐢𝐭𝐲 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/air-quality-monitoring-system-market
𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐈𝐝𝐞𝐧𝐭𝐢𝐭𝐲 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/digital-identity-solutions-market
𝐆𝐫𝐚𝐩𝐡 𝐃𝐚𝐭𝐚𝐛𝐚𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 : https://www.polarismarketresearch.com/industry-analysis/graph-database-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬 :

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.