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The Business Research Company offers on-board charger market research report 2023 with industry size, share, segments and market growth
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On-Board Charger Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
On-Board Charger Market Definition 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. Click Here To Read More Insights on This Report
On-Board Charger Market Characteristics: 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 on-board charger market size is expected to grow to $8.67 billion in 2027 at a CAGR of 19.3%. Click Here To Get A Sample Report
Key Market Drivers And Trends Drivers Trends The increase in demand for electric vehicles is expected to propel the growth of the on-board charger market. Technological advancement is a key trend gaining popularity in the on-board charger market. For More Detailed Information On The Market Drivers, Trends, Restraints, Strategies, AndOpportunities On The On-Board Charger Market Request For A Sample
On-Board Charger Market Segments The report covers the On-Board Charger market’s segments- By Sales Channel By Vehicle Type By Power Output Original Equipment Manufacturer (OEM), Aftermarket Below 7.2 kW, 7.2 kW–15 kW, Above 15 kW Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)
Major companies in the market include Delta Energy Systems Toyota Motor Corporation Key Market Players Eaton Corporation STMicroelectronics Stercom Power Solutions GmbH Click Here To Get A Sample Report
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