On-board Charger Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The On-board Charger market size is projected to reach a CAGR of 17.3% to 2028.
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On-board Charger is an electric conversion charger that is used for converting of AC input to DC output which is used to charge the electric vehicle. It is necessarily required for the charging as per it maintains and manages the flow of battery from the grid to the vehicle. It is used to charge the battery when at public places.
The approval received for the AC level 2 chargers along with the overall cut down in the cost by the usage of charger are some of the factors that have supported long-term expansion for On-board Charger Market.
Recent Developments
In March 2021, Eaton completely acquired Green Motion SA which a manufacturer and designer of electric vehicle charging software and hardware with an aim of expansion of its electric charging abilities.
Key Players:
· Bel Fuse Inc.
· Delta Energy Systems
· STMicroelectronics
· Toyota Industries Corporation
· Eaton
· Stercom Power Solutions GmbH
· innolectric AG
· BRUSA Elektronik AG
· AVID Technology Limited
· Ficosa Internacional SA and More
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Regional Analysis
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the favourable governmental policies along with expansion of market in the region.
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· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
On-board Charger Market is segmented into Power output, vehicle type, propulsion type and region.
On the basis of Vehicle Type
· Passenger Car
· Buses
· Vans
· Medium & Heavy Duty Vehicles
· Boats
· Others
On the basis of Power Output
· Less than 11 kW
· 11 kW to 22 kW
· More than 22 kW
On the basis of Propulsion Type
· Battery Electric Vehicle (BEV)
· Plug-in Hybrid Electric Vehicle (PHEV)
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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