Electric Vehicle Onboard Charger (OBC) Market Synopsis
Electric Vehicle Onboard Charger (OBC) Market Size Was Valued at USD 6.1 Billion in 2023, and is Projected to Reach USD 13.6 Billion by 2032, Growing at a CAGR of 9.3% From 2024-2032.
- The EV OBC is an essential hardware component located within EVs that is used to transform AC from an external source (i.e., a charging station or outlet) into DC in order to charge the vehicle’s battery pack. Located between the power source and the battery, the OBC controls the voltage and current that charges the battery and also takes into consideration factors like temperature and state of charge of the battery. Its small size and sophisticated technology allow it to work with different input voltage and charging current that charges most of the present charging infrastructure. Moreover, nowadays, OBCs are commonly equipped with smart features, enabling their communication with external systems to manage the charging parameters and to display real-time information about the charging status, which can also contribute to the positive EV charging experience.
- The EV OBC, a fundamental part of EVs, performs the vital task of transforming AC from external points into DC for charging the batteries.
- It acts as the interface between the power source and the battery controlling the voltage and current supplied to the battery during charging.
- The OBC is supposed to accommodate different input voltages and charging rates in order to be compatible with different charging infrastructures.
- It oversees aspects like temperature and battery state of charge to enhance charging proficiency and battery wellness.
- Today’s OBC also contains intelligent modules for communication with external systems, which can be used to adjust charging parameters and receive information on the battery status in real time.
- Its compact size and high-tech electronics also help make EV charging systems more efficient and reliable.
- The OBC is generally mounted within the electric vehicle’s powertrain where it does not have any interference during charging.
- It has a significant role in controlling power delivery and ensuring that the battery pack is not over- or under-charged.
- OBCs are also equipped with intrinsic safety functions that help prevent electrical failures and ensure that users are not electrocuted during the charging process.
Electric Vehicle Onboard Charger (OBC) Market Trend Analysis
Increased Power Density
- The rise of power density in EV OBCs is a significant step in EV charging technology. With the rising need for faster charging and larger batteries, OBCs have the responsibility of supplying greater power levels in a more compact package. Power electronics and advanced thermal management are some of the ways through which manufacturers are meeting this challenge. With the help of the latest semiconductor technologies like SiC and GaN, the OBCs can be more efficient and support increased power conversion density, meaning that more power can be delivered in the same volume.
- In addition, progress in the field of thermal management is of critical importance in the improvement of high-power OBCs’ performance and reliability. It is also essential to effectively remove the heat produced during the charging process to avoid component damage and ensure the device functions safely. Some manufacturers are investing in complex cooling solutions, like liquid cooling or innovative air cooling architectures, to better control thermal energy and temperature buildup. Moreover, there have been attempts to incorporate smart thermal-control technologies into OBCs to regulate charging factors according to temperature, which will further enhance efficiency and safety. Through achieving higher power densities and enhancing thermal management in OBCs, the manufacturers are enhancing the charging rates and other efficient charging experiences for the EV owners in turn fueling the electric mobility.
Electric Vehicle Onboard Charger (OBC) Market Segment Analysis:
Electric Vehicle Onboard Charger Market Segmented based on Charger Power Rating, Charger Type, By Vehicle Type, Charging Level, Charging Connector, Propulsion Type and End-User
By Charger Power Rating, is expected to dominate the market during the forecast period
- The charger power rating defines the charging rate and capability of the charger. It is categorized into three main types: Low Power, Medium Power and High Power.
- Low Power chargers are generally designed to deliver up to 3. 6 kW, appropriate for slower charging requirements like domestic charging at night.
- Medium Power chargers vary from 3. 7 kW-22 kW to better meet the needs of charging at homes and some businesses.
- High Power chargers with a rating above 22 kW, provide fast charging options that are ideal for highly frequented sites such as public fast charging and commercial fleet charging applications.
By Propulsion Type: Battery Electric Vehicles (BEV) Plug-in Hybrid Electric Vehicles (PHEV) segment held the largest share in 2023
- The electric vehicles can be divided into Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). BEVs rely solely on electric propulsion and use power from the battery while PHEVs have an internal combustion engine that can be used in case of long distance travel.
- This dominance can be attributed to various factors. Firstly, the overall climate change concerns and rising environmental awareness among consumers have accelerated the demand for more sustainable transportation options. BEVs run on electricity alone and thus produce no emissions, making them environmentally friendly vehicles that help consumers achieve their sustainability goals. Furthermore, the progress in the battery technology allowed for an increase in the driving range and the establishment of the charging infrastructure, which reduced the range anxiety and contributed to the acceptance of BEVs for everyday use.
- On the other hand, PHEVs were also still very prominently featured in the market in 2023, although on a slightly smaller scale than BEVs. This option gives the driver an extended range and allows him/her to operate the vehicle on conventional fuels without worrying about the availability or accessibility of charging stations. This versatility makes EVs attractive to consumers who may otherwise be hesitant to switch to fully electric vehicles because they are worried about range anxiety or the lack of charging stations in their area. In addition, the rise in the production of BEVs and PHEVs witnessed in 2023 can be attributed to government subsidies and policies that encourage the adoption of EVs. The environmental concern and supportive policies coupled with the technological innovations have catapulted both BEVs and PHEVs to the forefront of EV market and BEVs are at the forefront of EV market in 2023..
Electric Vehicle Onboard Charger (OBC) Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Asia Pacific EV on-board charger market accounted for USD 1. 30 Billion in 2020. Urbanization in China and India leads to environmental pollution due to the auto and industrial gases that contribute to the green house effect. Thus the governments are responding to this by supporting the clean fuel-powered vehicles especially the EV through various positive government programs and initiatives for supporting the EV sector.
- In addition, the rise in urbanization and smart cities is likely to support EV growth for the development of this region’s electric vehicle on-board charger market. Stringent emission regulations, government policies & subsidies, rising EV and charging point penetration, and growing vehicle electrification are some of the factors that are driving EV adoption in Europe. Some of the countries in the European region like Norway, Sweden, Denmark, Germany, UK are driving the electric vehicle market. The availability of prominent EV manufacturers also presents desirable growth prospects for the EV on-board chargers in the region.
- Continuous innovation, especially in the area of EV’s batteries and the development of charging stations, are also making EVs more attractive to the consumer. Better battery mileage, quicker charging, and the development of charging networks lead to increased EV uptake.
- Due to the reduced price of EV components, including batteries and chargers, EVs will become more competitive in terms of pricing compared to ICE vehicles. This affordability makes consumers opt to purchase EVs hence increasing the demand for on-board chargers.
- Rising concerns about the environment, for instance, air pollution, and climate change compel consumers and governments to focus on cleaner means of transport, including EVs. Such awareness creates a positive ecosystem for the adoption of EVs and the establishment of necessary infrastructure.
Active Key Players in the Electric Vehicle Onboard Charger (OBC) Market
- Delphi Technologies
- Siemens AG
- Bosch
- Infineon Technologies AG
- Lear Corporation
- Panasonic Corporation
- Mitsubishi Electric Corporation
- Delta Electronics
- Signet Systems Inc.
- Schneider Electric
- BorgWarner Inc.
- alfanar Group
- Powell Industries
- Kirloskar Electric Company
- Bell Power Solution
- BRUSA Elektronik AG
- Current Ways Inc.
- Eaton Corporation
- Stercom Power Solutions GmbH
- STMicroelectronics
- innolectric AG
- AVID Technology Limited
- Ficosa International SA
- Toyota Industries Corporation
- Xepics Italia SRL
- Other Key Players
Key Industry Developments in the Electric Vehicle Onboard Charger (OBC) Market:
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In March 2024, Siemens expands EV charging portfolio with launch of 400kW SICHARGE D for IEC market. Designed for future proof electric vehicle (EV) charging, SICHARGE D fulfils the relevant standards, protocols, and norms and can adapt to current and future charging needs. What’s more, with the SICHARGE D dispenser, charging up to four vehicles at the same time is possible with only one grid connection, optimizing charging times and delivering financial and space savings for Charge Point Operators (CPOs).
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In February 2024, Infineon Technologies AG launches the 750V G1 discrete CoolSiC™ MOSFET to meet the increasing demand for higher efficiency and power density in industrial and automotive power applications. The product family includes both industrial-graded and automotive-graded SiC MOSFETs that are optimized for totem-pole PFC, T-type, LLC/CLLC, dual active bridge (DAB), HERIC, buck/boost, and phase-shifted full bridge (PSFB) topologies. The MOSFETs are ideal for use in both typical industrial applications, such as electric vehicle charging.
| Electric Vehicle Onboard Charger (OBC) Market | |||
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2024: |
USD 6.7 Bn. |
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Forecast Period 2024-32 CAGR: |
9.3 % |
Market Size in 2032: |
USD 13.6Bn. |
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Segments Covered: |
Charger Power Rating |
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Charger Type |
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By Vehicle Type |
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Charging Level |
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Charging Connector |
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Propulsion Type |
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End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Electric Vehicle Onboard Charger (OBC) Market by By Vehicle Type (2018-2032)
4.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Passenger Vehicles
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Commercial Vehicles
4.5 Two-Wheeler
4.6 And
4.7 Three Wheelers
4.8 Others (Electric boats
4.9 off-road electric vehicles
4.10 etc.)
Chapter 5: Electric Vehicle Onboard Charger (OBC) Market by Charging Level (2018-2032)
5.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Level 1 Charger (120V AC)
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Level 2 Charger (240V AC)
5.5 DC Fast Charger (Level 3 Charger)
Chapter 6: Electric Vehicle Onboard Charger (OBC) Market by Charging Connector (2018-2032)
6.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Type 1 (J1772)
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Type 2 (Mennekes)
6.5 CCS (Combined Charging System)
6.6 CHAdeMO
6.7 Tesla Supercharger
Chapter 7: Electric Vehicle Onboard Charger (OBC) Market by Propulsion Type (2018-2032)
7.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Battery Electric Vehicles (BEV)
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Plug-in Hybrid Electric Vehicles (PHEV)
Chapter 8: Electric Vehicle Onboard Charger (OBC) Market by End-User (2018-2032)
8.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
8.2 Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
8.3.3 Key Market Trends, Growth Factors, and Opportunities
8.3.4 Geographic Segmentation Analysis
8.4 Commercial (Fleet Operators
8.5 Charging Stations
8.6 etc.)
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Electric Vehicle Onboard Charger (OBC) Market Share by Manufacturer (2024)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 AFC ENERGY
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 LOOP ENERGY
9.4 GREENCORE EV SERVICES
9.5 RENEWABLE INNOVATIONS INCL- CHARGE
9.6 LINDE PLC
9.7 FIRST ELEMENT FUEL
9.8 ABB
9.9 H2 ENERGY
9.10 LIGHT COMMERCIAL VEHICLE
9.11 HEAVY COMMERCIAL VEHICLE AND
9.12 OTHERS KEY PLAYERS.
Chapter 10: Global Electric Vehicle Onboard Charger (OBC) Market By Region
10.1 Overview
10.2. North America Electric Vehicle Onboard Charger (OBC) Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By By Vehicle Type
10.2.4.1 Passenger Vehicles
10.2.4.2 Commercial Vehicles
10.2.4.3 Two-Wheeler
10.2.4.4 And
10.2.4.5 Three Wheelers
10.2.4.6 Others (Electric boats
10.2.4.7 off-road electric vehicles
10.2.4.8 etc.)
10.2.5 Historic and Forecasted Market Size By Charging Level
10.2.5.1 Level 1 Charger (120V AC)
10.2.5.2 Level 2 Charger (240V AC)
10.2.5.3 DC Fast Charger (Level 3 Charger)
10.2.6 Historic and Forecasted Market Size By Charging Connector
10.2.6.1 Type 1 (J1772)
10.2.6.2 Type 2 (Mennekes)
10.2.6.3 CCS (Combined Charging System)
10.2.6.4 CHAdeMO
10.2.6.5 Tesla Supercharger
10.2.7 Historic and Forecasted Market Size By Propulsion Type
10.2.7.1 Battery Electric Vehicles (BEV)
10.2.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.2.8 Historic and Forecasted Market Size By End-User
10.2.8.1 Residential
10.2.8.2 Commercial (Fleet Operators
10.2.8.3 Charging Stations
10.2.8.4 etc.)
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Electric Vehicle Onboard Charger (OBC) Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By By Vehicle Type
10.3.4.1 Passenger Vehicles
10.3.4.2 Commercial Vehicles
10.3.4.3 Two-Wheeler
10.3.4.4 And
10.3.4.5 Three Wheelers
10.3.4.6 Others (Electric boats
10.3.4.7 off-road electric vehicles
10.3.4.8 etc.)
10.3.5 Historic and Forecasted Market Size By Charging Level
10.3.5.1 Level 1 Charger (120V AC)
10.3.5.2 Level 2 Charger (240V AC)
10.3.5.3 DC Fast Charger (Level 3 Charger)
10.3.6 Historic and Forecasted Market Size By Charging Connector
10.3.6.1 Type 1 (J1772)
10.3.6.2 Type 2 (Mennekes)
10.3.6.3 CCS (Combined Charging System)
10.3.6.4 CHAdeMO
10.3.6.5 Tesla Supercharger
10.3.7 Historic and Forecasted Market Size By Propulsion Type
10.3.7.1 Battery Electric Vehicles (BEV)
10.3.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.3.8 Historic and Forecasted Market Size By End-User
10.3.8.1 Residential
10.3.8.2 Commercial (Fleet Operators
10.3.8.3 Charging Stations
10.3.8.4 etc.)
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Electric Vehicle Onboard Charger (OBC) Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By By Vehicle Type
10.4.4.1 Passenger Vehicles
10.4.4.2 Commercial Vehicles
10.4.4.3 Two-Wheeler
10.4.4.4 And
10.4.4.5 Three Wheelers
10.4.4.6 Others (Electric boats
10.4.4.7 off-road electric vehicles
10.4.4.8 etc.)
10.4.5 Historic and Forecasted Market Size By Charging Level
10.4.5.1 Level 1 Charger (120V AC)
10.4.5.2 Level 2 Charger (240V AC)
10.4.5.3 DC Fast Charger (Level 3 Charger)
10.4.6 Historic and Forecasted Market Size By Charging Connector
10.4.6.1 Type 1 (J1772)
10.4.6.2 Type 2 (Mennekes)
10.4.6.3 CCS (Combined Charging System)
10.4.6.4 CHAdeMO
10.4.6.5 Tesla Supercharger
10.4.7 Historic and Forecasted Market Size By Propulsion Type
10.4.7.1 Battery Electric Vehicles (BEV)
10.4.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.4.8 Historic and Forecasted Market Size By End-User
10.4.8.1 Residential
10.4.8.2 Commercial (Fleet Operators
10.4.8.3 Charging Stations
10.4.8.4 etc.)
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Electric Vehicle Onboard Charger (OBC) Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By By Vehicle Type
10.5.4.1 Passenger Vehicles
10.5.4.2 Commercial Vehicles
10.5.4.3 Two-Wheeler
10.5.4.4 And
10.5.4.5 Three Wheelers
10.5.4.6 Others (Electric boats
10.5.4.7 off-road electric vehicles
10.5.4.8 etc.)
10.5.5 Historic and Forecasted Market Size By Charging Level
10.5.5.1 Level 1 Charger (120V AC)
10.5.5.2 Level 2 Charger (240V AC)
10.5.5.3 DC Fast Charger (Level 3 Charger)
10.5.6 Historic and Forecasted Market Size By Charging Connector
10.5.6.1 Type 1 (J1772)
10.5.6.2 Type 2 (Mennekes)
10.5.6.3 CCS (Combined Charging System)
10.5.6.4 CHAdeMO
10.5.6.5 Tesla Supercharger
10.5.7 Historic and Forecasted Market Size By Propulsion Type
10.5.7.1 Battery Electric Vehicles (BEV)
10.5.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.5.8 Historic and Forecasted Market Size By End-User
10.5.8.1 Residential
10.5.8.2 Commercial (Fleet Operators
10.5.8.3 Charging Stations
10.5.8.4 etc.)
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Electric Vehicle Onboard Charger (OBC) Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By By Vehicle Type
10.6.4.1 Passenger Vehicles
10.6.4.2 Commercial Vehicles
10.6.4.3 Two-Wheeler
10.6.4.4 And
10.6.4.5 Three Wheelers
10.6.4.6 Others (Electric boats
10.6.4.7 off-road electric vehicles
10.6.4.8 etc.)
10.6.5 Historic and Forecasted Market Size By Charging Level
10.6.5.1 Level 1 Charger (120V AC)
10.6.5.2 Level 2 Charger (240V AC)
10.6.5.3 DC Fast Charger (Level 3 Charger)
10.6.6 Historic and Forecasted Market Size By Charging Connector
10.6.6.1 Type 1 (J1772)
10.6.6.2 Type 2 (Mennekes)
10.6.6.3 CCS (Combined Charging System)
10.6.6.4 CHAdeMO
10.6.6.5 Tesla Supercharger
10.6.7 Historic and Forecasted Market Size By Propulsion Type
10.6.7.1 Battery Electric Vehicles (BEV)
10.6.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.6.8 Historic and Forecasted Market Size By End-User
10.6.8.1 Residential
10.6.8.2 Commercial (Fleet Operators
10.6.8.3 Charging Stations
10.6.8.4 etc.)
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Electric Vehicle Onboard Charger (OBC) Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By By Vehicle Type
10.7.4.1 Passenger Vehicles
10.7.4.2 Commercial Vehicles
10.7.4.3 Two-Wheeler
10.7.4.4 And
10.7.4.5 Three Wheelers
10.7.4.6 Others (Electric boats
10.7.4.7 off-road electric vehicles
10.7.4.8 etc.)
10.7.5 Historic and Forecasted Market Size By Charging Level
10.7.5.1 Level 1 Charger (120V AC)
10.7.5.2 Level 2 Charger (240V AC)
10.7.5.3 DC Fast Charger (Level 3 Charger)
10.7.6 Historic and Forecasted Market Size By Charging Connector
10.7.6.1 Type 1 (J1772)
10.7.6.2 Type 2 (Mennekes)
10.7.6.3 CCS (Combined Charging System)
10.7.6.4 CHAdeMO
10.7.6.5 Tesla Supercharger
10.7.7 Historic and Forecasted Market Size By Propulsion Type
10.7.7.1 Battery Electric Vehicles (BEV)
10.7.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.7.8 Historic and Forecasted Market Size By End-User
10.7.8.1 Residential
10.7.8.2 Commercial (Fleet Operators
10.7.8.3 Charging Stations
10.7.8.4 etc.)
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Electric Vehicle Onboard Charger (OBC) Market by By Vehicle Type (2018-2032)
4.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Passenger Vehicles
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Commercial Vehicles
4.5 Two-Wheeler
4.6 And
4.7 Three Wheelers
4.8 Others (Electric boats
4.9 off-road electric vehicles
4.10 etc.)
Chapter 5: Electric Vehicle Onboard Charger (OBC) Market by Charging Level (2018-2032)
5.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Level 1 Charger (120V AC)
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Level 2 Charger (240V AC)
5.5 DC Fast Charger (Level 3 Charger)
Chapter 6: Electric Vehicle Onboard Charger (OBC) Market by Charging Connector (2018-2032)
6.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Type 1 (J1772)
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Type 2 (Mennekes)
6.5 CCS (Combined Charging System)
6.6 CHAdeMO
6.7 Tesla Supercharger
Chapter 7: Electric Vehicle Onboard Charger (OBC) Market by Propulsion Type (2018-2032)
7.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Battery Electric Vehicles (BEV)
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Plug-in Hybrid Electric Vehicles (PHEV)
Chapter 8: Electric Vehicle Onboard Charger (OBC) Market by End-User (2018-2032)
8.1 Electric Vehicle Onboard Charger (OBC) Market Snapshot and Growth Engine
8.2 Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
8.3.3 Key Market Trends, Growth Factors, and Opportunities
8.3.4 Geographic Segmentation Analysis
8.4 Commercial (Fleet Operators
8.5 Charging Stations
8.6 etc.)
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Electric Vehicle Onboard Charger (OBC) Market Share by Manufacturer (2024)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 AFC ENERGY
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 LOOP ENERGY
9.4 GREENCORE EV SERVICES
9.5 RENEWABLE INNOVATIONS INCL- CHARGE
9.6 LINDE PLC
9.7 FIRST ELEMENT FUEL
9.8 ABB
9.9 H2 ENERGY
9.10 LIGHT COMMERCIAL VEHICLE
9.11 HEAVY COMMERCIAL VEHICLE AND
9.12 OTHERS KEY PLAYERS.
Chapter 10: Global Electric Vehicle Onboard Charger (OBC) Market By Region
10.1 Overview
10.2. North America Electric Vehicle Onboard Charger (OBC) Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By By Vehicle Type
10.2.4.1 Passenger Vehicles
10.2.4.2 Commercial Vehicles
10.2.4.3 Two-Wheeler
10.2.4.4 And
10.2.4.5 Three Wheelers
10.2.4.6 Others (Electric boats
10.2.4.7 off-road electric vehicles
10.2.4.8 etc.)
10.2.5 Historic and Forecasted Market Size By Charging Level
10.2.5.1 Level 1 Charger (120V AC)
10.2.5.2 Level 2 Charger (240V AC)
10.2.5.3 DC Fast Charger (Level 3 Charger)
10.2.6 Historic and Forecasted Market Size By Charging Connector
10.2.6.1 Type 1 (J1772)
10.2.6.2 Type 2 (Mennekes)
10.2.6.3 CCS (Combined Charging System)
10.2.6.4 CHAdeMO
10.2.6.5 Tesla Supercharger
10.2.7 Historic and Forecasted Market Size By Propulsion Type
10.2.7.1 Battery Electric Vehicles (BEV)
10.2.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.2.8 Historic and Forecasted Market Size By End-User
10.2.8.1 Residential
10.2.8.2 Commercial (Fleet Operators
10.2.8.3 Charging Stations
10.2.8.4 etc.)
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Electric Vehicle Onboard Charger (OBC) Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By By Vehicle Type
10.3.4.1 Passenger Vehicles
10.3.4.2 Commercial Vehicles
10.3.4.3 Two-Wheeler
10.3.4.4 And
10.3.4.5 Three Wheelers
10.3.4.6 Others (Electric boats
10.3.4.7 off-road electric vehicles
10.3.4.8 etc.)
10.3.5 Historic and Forecasted Market Size By Charging Level
10.3.5.1 Level 1 Charger (120V AC)
10.3.5.2 Level 2 Charger (240V AC)
10.3.5.3 DC Fast Charger (Level 3 Charger)
10.3.6 Historic and Forecasted Market Size By Charging Connector
10.3.6.1 Type 1 (J1772)
10.3.6.2 Type 2 (Mennekes)
10.3.6.3 CCS (Combined Charging System)
10.3.6.4 CHAdeMO
10.3.6.5 Tesla Supercharger
10.3.7 Historic and Forecasted Market Size By Propulsion Type
10.3.7.1 Battery Electric Vehicles (BEV)
10.3.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.3.8 Historic and Forecasted Market Size By End-User
10.3.8.1 Residential
10.3.8.2 Commercial (Fleet Operators
10.3.8.3 Charging Stations
10.3.8.4 etc.)
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Electric Vehicle Onboard Charger (OBC) Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By By Vehicle Type
10.4.4.1 Passenger Vehicles
10.4.4.2 Commercial Vehicles
10.4.4.3 Two-Wheeler
10.4.4.4 And
10.4.4.5 Three Wheelers
10.4.4.6 Others (Electric boats
10.4.4.7 off-road electric vehicles
10.4.4.8 etc.)
10.4.5 Historic and Forecasted Market Size By Charging Level
10.4.5.1 Level 1 Charger (120V AC)
10.4.5.2 Level 2 Charger (240V AC)
10.4.5.3 DC Fast Charger (Level 3 Charger)
10.4.6 Historic and Forecasted Market Size By Charging Connector
10.4.6.1 Type 1 (J1772)
10.4.6.2 Type 2 (Mennekes)
10.4.6.3 CCS (Combined Charging System)
10.4.6.4 CHAdeMO
10.4.6.5 Tesla Supercharger
10.4.7 Historic and Forecasted Market Size By Propulsion Type
10.4.7.1 Battery Electric Vehicles (BEV)
10.4.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.4.8 Historic and Forecasted Market Size By End-User
10.4.8.1 Residential
10.4.8.2 Commercial (Fleet Operators
10.4.8.3 Charging Stations
10.4.8.4 etc.)
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Electric Vehicle Onboard Charger (OBC) Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By By Vehicle Type
10.5.4.1 Passenger Vehicles
10.5.4.2 Commercial Vehicles
10.5.4.3 Two-Wheeler
10.5.4.4 And
10.5.4.5 Three Wheelers
10.5.4.6 Others (Electric boats
10.5.4.7 off-road electric vehicles
10.5.4.8 etc.)
10.5.5 Historic and Forecasted Market Size By Charging Level
10.5.5.1 Level 1 Charger (120V AC)
10.5.5.2 Level 2 Charger (240V AC)
10.5.5.3 DC Fast Charger (Level 3 Charger)
10.5.6 Historic and Forecasted Market Size By Charging Connector
10.5.6.1 Type 1 (J1772)
10.5.6.2 Type 2 (Mennekes)
10.5.6.3 CCS (Combined Charging System)
10.5.6.4 CHAdeMO
10.5.6.5 Tesla Supercharger
10.5.7 Historic and Forecasted Market Size By Propulsion Type
10.5.7.1 Battery Electric Vehicles (BEV)
10.5.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.5.8 Historic and Forecasted Market Size By End-User
10.5.8.1 Residential
10.5.8.2 Commercial (Fleet Operators
10.5.8.3 Charging Stations
10.5.8.4 etc.)
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Electric Vehicle Onboard Charger (OBC) Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By By Vehicle Type
10.6.4.1 Passenger Vehicles
10.6.4.2 Commercial Vehicles
10.6.4.3 Two-Wheeler
10.6.4.4 And
10.6.4.5 Three Wheelers
10.6.4.6 Others (Electric boats
10.6.4.7 off-road electric vehicles
10.6.4.8 etc.)
10.6.5 Historic and Forecasted Market Size By Charging Level
10.6.5.1 Level 1 Charger (120V AC)
10.6.5.2 Level 2 Charger (240V AC)
10.6.5.3 DC Fast Charger (Level 3 Charger)
10.6.6 Historic and Forecasted Market Size By Charging Connector
10.6.6.1 Type 1 (J1772)
10.6.6.2 Type 2 (Mennekes)
10.6.6.3 CCS (Combined Charging System)
10.6.6.4 CHAdeMO
10.6.6.5 Tesla Supercharger
10.6.7 Historic and Forecasted Market Size By Propulsion Type
10.6.7.1 Battery Electric Vehicles (BEV)
10.6.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.6.8 Historic and Forecasted Market Size By End-User
10.6.8.1 Residential
10.6.8.2 Commercial (Fleet Operators
10.6.8.3 Charging Stations
10.6.8.4 etc.)
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Electric Vehicle Onboard Charger (OBC) Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By By Vehicle Type
10.7.4.1 Passenger Vehicles
10.7.4.2 Commercial Vehicles
10.7.4.3 Two-Wheeler
10.7.4.4 And
10.7.4.5 Three Wheelers
10.7.4.6 Others (Electric boats
10.7.4.7 off-road electric vehicles
10.7.4.8 etc.)
10.7.5 Historic and Forecasted Market Size By Charging Level
10.7.5.1 Level 1 Charger (120V AC)
10.7.5.2 Level 2 Charger (240V AC)
10.7.5.3 DC Fast Charger (Level 3 Charger)
10.7.6 Historic and Forecasted Market Size By Charging Connector
10.7.6.1 Type 1 (J1772)
10.7.6.2 Type 2 (Mennekes)
10.7.6.3 CCS (Combined Charging System)
10.7.6.4 CHAdeMO
10.7.6.5 Tesla Supercharger
10.7.7 Historic and Forecasted Market Size By Propulsion Type
10.7.7.1 Battery Electric Vehicles (BEV)
10.7.7.2 Plug-in Hybrid Electric Vehicles (PHEV)
10.7.8 Historic and Forecasted Market Size By End-User
10.7.8.1 Residential
10.7.8.2 Commercial (Fleet Operators
10.7.8.3 Charging Stations
10.7.8.4 etc.)
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
| Electric Vehicle Onboard Charger (OBC) Market | |||
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2024: |
USD 6.7 Bn. |
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Forecast Period 2024-32 CAGR: |
9.3 % |
Market Size in 2032: |
USD 13.6Bn. |
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Segments Covered: |
Charger Power Rating |
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End-User |
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Key Market Drivers: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
What would be the forecast period in the Electric Vehicle Onboard Charger (OBC) Market research report?
The forecast period in the Electric Vehicle Onboard Charger (OBC) Market research report is 2024-2032.
Who are the key players in the Electric Vehicle Onboard Charger (OBC) Market?
Delphi Technologies, Siemens AG, Bosch, Infineon Technologies AG, Lear Corporation, Panasonic Corporation, Mitsubishi Electric Corporation, Delta Electronics,Signet Systems Inc.,Schneider Electric,BorgWarner Inc., alfanar Group, Powell Industries, Kirloskar Electric Company, Bell Power Solution, BRUSA Elektronik AG, Current Ways Inc., Eaton Corporation, Stercom Power Solutions GmbH, STMicroelectronics, innolectric AG, AVID Technology Limited, Ficosa International SA, Toyota Industries Corporation and Other Key Players
What are the segments of the Electric Vehicle Onboard Charger (OBC) Market?
The Electric Vehicle Onboard Charger (OBC) Market is segmented into Charger Power Rating, Charger Type, By Vehicle Type, Charging Level, Charging Connector, Propulsion Type, End-User. Charger Power Rating the market is categorized into Low Power (Up to 3.6 kW), Medium Power (3.7 kW - 22 kW) and High Power (Above 22 kW). Charger Type, the market is categorized into AC On-Board Charger and DC On-Board Charger. By Vehicle Type, the market is categorized into Passenger Vehicles , Commercial Vehicles, Two-Wheeler, And Three Wheelers and Others (Electric boats, off-road electric vehicles, etc.)Others. Charging Level the market is categorized into Level 1 Charger (120V AC), Level 2 Charger (240V AC) and DC Fast Charger (Level 3 Charger). Charging Connector the market is categorized into Type 1 (J1772), Type 2 (Mennekes), CCS (Combined Charging System), CHAdeMO and Tesla Supercharger. Propulsion Type the market is categorized into Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV) . End-User the market is categorized into Residential and Commercial (Fleet Operators, Charging Stations, etc.). By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), 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?
The Electric Vehicle Onboard Charger (OBC) is a crucial component integrated within electric vehicles (EVs) responsible for converting alternating current (AC) from an external power source, typically a charging station or outlet, into direct current (DC) to charge the vehicle's battery pack. Serving as the intermediary between the power source and the battery, the OBC regulates the voltage and current flow to ensure safe and efficient charging, while also managing factors such as temperature and battery state of charge. Its compact design and advanced electronics enable it to efficiently handle various input voltages and charging rates, catering to the diverse charging infrastructure available. Additionally, modern OBCs often incorporate smart functionalities, allowing for communication with external systems to optimize charging parameters and provide real-time data on charging status, further enhancing the overall EV charging experience.
How big is the Electric Vehicle Onboard Charger (OBC) Market?
Electric Vehicle Onboard Charger (OBC) Market Size Was Valued at USD 6.1 Billion in 2023, and is Projected to Reach USD 13.6 Billion by 2032, Growing at a CAGR of 9.3% From 2024-2032.
