The surge in the On-Board Charger market is the global shift towards electric mobility. Governments worldwide are implementing stringent regulations to curb emissions, and automakers are responding by investing heavily in electric vehicles. The OBC plays a crucial role in this transition by facilitating the charging process, contributing to the widespread adoption of EVs. Additionally, advancements in battery technology and the increasing energy density of lithium-ion batteries are leading to greater driving ranges for electric vehicles, augmenting the demand for efficient and high-power OBCs to charge these advanced batteries. Additionally, as electric vehicles aim for faster charging times, OBCs are evolving to accommodate higher power levels, contributing to reduced charging durations and enhanced convenience for EV users. Automakers and OBC manufacturers are working towards minimizing the size and weight of OBC units, optimizing the use of space within electric vehicles, and ensuring that the charging system does not compromise the overall vehicle design or performance.
The increasing recognition of the potential for bidirectional charging to transform EVs into integral components of a flexible and resilient energy grid are driving the market. With Vehicle-to-Grid (V2G) and Vehicle-to-Home (V2H) functionalities, bidirectional charging allows EVs not only to draw power from the grid but also to feed surplus energy back into it or use it to power homes and other devices. Additionally, new opportunities for energy companies, automakers, and OBC manufacturers to capitalize on the dual role of EVs as consumers and contributors to the grid are driving the market.
The escalating need to reduce carbon footprints and combat climate change, automakers are investing significantly in electrified vehicle portfolios. As global awareness of environmental concerns intensifies, governments and regulatory bodies are implementing stringent emissions standards, compelling automotive manufacturers to pivot towards electric mobility solutions. Additionally, the OBC market directly benefits from this trend, as the escalating production and sales of electric vehicles necessitates advanced charging solutions to meet the increasing demand for efficient, fast, and reliable charging capabilities.
As the electric vehicle (EV) market expands, automakers and OBC manufacturers are recognizing the importance of optimizing space and weight within EVs to enhance overall efficiency and performance. Additionally, the evolution of electric vehicle designs, where minimizing the footprint of charging components is becoming crucial are propelling the market. Further, Compact and lightweight OBCs not only contribute to the streamlined integration of charging systems within electric vehicles but also align with the broader industry objectives of maximizing range and minimizing energy consumption, driving the market.
The On-Board Charger Market is analyzed across Less than 11 kW, 11 kW to 22 kW and More than 22 kW. More than 22 kW is poised to register the fastest growth. This higher power output category is crucial for enabling fast-charging solutions, addressing one of the key barriers to widespread EV adoption: charging time. More than 22 kW OBCs facilitate rapid charging, significantly reducing the time required to replenish an electric vehicle's battery. This is particularly critical for long-distance travel and enhances the overall convenience and appeal of electric vehicles. As automakers and charging infrastructure providers aim to create a seamless and efficient charging experience, the demand for OBCs with power outputs exceeding 22 kW has risen. This trend is notably driven by advancements in battery technologies, enabling vehicles to handle higher charging capacities. Additionally, the development of high-power charging networks, especially along highways and major travel routes, is accelerating the adoption of OBCs with power outputs beyond 22 kW, making them a pivotal component in the evolution of electric mobility.
The On-Board Charger Market is analyzed across various vehicle types including Passenger Car, Buses, Vans, Medium and Heavy-Duty Vehicles, Boats and Others. Of these, Passenger Car held a significant market share in 2024. As the global shift towards sustainable transportation gains momentum, passenger cars have emerged as the forefront of this transformation. The demand for electric passenger vehicles has escalated, driven by environmental consciousness, government incentives, and advancements in electric vehicle technology. In response to this surge, the OBC market has experienced a corresponding upswing, with a focus on developing efficient, compact, and high-power OBC solutions tailored for passenger cars. The significance of this segment lies in its sheer volume, as passenger cars constitute the majority of vehicles on the road. OBCs designed for passenger cars play a crucial role in supporting the charging infrastructure required to make electric mobility accessible and convenient for a broader consumer base. As automakers continually expand their electric vehicle offerings, the passenger car segment remains a key driver shaping the trajectory of the OBC market, influencing technological innovations, charging infrastructure development, and the overall adoption of electric vehicles.
Danfoss Unveils Two Groundbreaking Products, Elevating On- and Off-Highway Electrification.
Volkswagen Initiates Innovative Vehicle-to-Home EV Charging Pilot Program in Sweden.
By Power Output
By Vehicle Type
By Propulsion Type
By Region
*List not exhaustive
On-Board Charger Market Outlook 2024
1 Market Overview
1.1 Introduction to the On-Board Charger Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2024 On-Board Charger Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global On-Board Charger Market Companies with Area Served
4.2.2 Products Offerings Global On-Board Charger Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global On-Board Charger Market Trends
6.1 Global On-Board Charger Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global On-Board Charger Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global On-Board Charger Revenue (USD Million) and CAGR (%) by Regions (2018-2030)
7 Global On-Board Charger Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global On-Board Charger Revenue (USD Million) by Type (2018-2022)
7.1.1 Global On-Board Charger Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global On-Board Charger Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global On-Board Charger Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global On-Board Charger Development Regional Status and Outlook
8.1 Global On-Board Charger Revenue (USD Million) By Regions (2018-2022)
8.2 North America On-Board Charger Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America On-Board Charger Revenue (USD Million) by Country (2018-2022)
8.2.2 North America On-Board Charger Revenue (USD Million) by Type (2018-2022)
8.2.3 North America On-Board Charger Revenue (USD Million) by Applications (2018-2022)
8.3 Europe On-Board Charger Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe On-Board Charger Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe On-Board Charger Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe On-Board Charger Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific On-Board Charger Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific On-Board Charger Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific On-Board Charger Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific On-Board Charger Revenue (USD Million) by Applications (2018-2022)
8.5 South America On-Board Charger Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America On-Board Charger Revenue (USD Million), by Country (2018-2022)
8.5.2 South America On-Board Charger Revenue (USD Million) by Type (2018-2022)
8.5.3 South America On-Board Charger Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa On-Board Charger Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa On-Board Charger Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa On-Board Charger Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa On-Board Charger Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global On-Board Charger Market Revenue (USD Million), by Type, and Applications (2024-2030)
10.1 Global On-Board Charger Revenue (USD Million) and Market Share (%) by Type (2024-2030)
10.1.1 Global On-Board Charger Revenue (USD Million), and Market Share (%) by Type (2024-2030)
10.2 Global On-Board Charger Revenue (USD Million) and Market Share (%) by Applications (2024-2030)
10.2.1 Global On-Board Charger Revenue (USD Million), and Market Share (%) by Applications (2024-2030)
11 Global On-Board Charger Development Regional Status and Outlook Forecast
11.1 Global On-Board Charger Revenue (USD Million) By Regions (2024-2030)
11.2 North America On-Board Charger Revenue (USD Million) by Type, and Applications (2024-2030)
11.2.1 North America On-Board Charger Revenue (USD) Million by Country (2024-2030)
11.2.2 North America On-Board Charger Revenue (USD Million), by Type (2024-2030)
11.2.3 North America On-Board Charger Revenue (USD Million), Market Share (%) by Applications (2024-2030)
11.3 Europe On-Board Charger Revenue (USD Million), by Type, and Applications (2024-2030)
11.3.1 Europe On-Board Charger Revenue (USD Million), by Country (2024-2030)
11.3.2 Europe On-Board Charger Revenue (USD Million), by Type (2024-2030)
11.3.3 Europe On-Board Charger Revenue (USD Million), by Applications (2024-2030)
11.4 Asia Pacific On-Board Charger Revenue (USD Million) by Type, and Applications (2024-2030)
11.4.1 Asia Pacific On-Board Charger Revenue (USD Million), by Country (2024-2030)
11.4.2 Asia Pacific On-Board Charger Revenue (USD Million), by Type (2024-2030)
11.4.3 Asia Pacific On-Board Charger Revenue (USD Million), by Applications (2024-2030)
11.5 South America On-Board Charger Revenue (USD Million), by Type, and Applications (2024-2030)
11.5.1 South America On-Board Charger Revenue (USD Million), by Country (2024-2030)
11.5.2 South America On-Board Charger Revenue (USD Million), by Type (2024-2030)
11.5.3 South America On-Board Charger Revenue (USD Million), by Applications (2024-2030)
11.6 Middle East and Africa On-Board Charger Revenue (USD Million), by Type, and Applications (2024-2030)
11.6.1 Middle East and Africa On-Board Charger Revenue (USD Million), by Region (2024-2030)
11.6.2 Middle East and Africa On-Board Charger Revenue (USD Million), by Type (2024-2030)
11.6.3 Middle East and Africa On-Board Charger Revenue (USD Million), by Applications (2024-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List of Tables
Table 1 Market Segmentation Analysis
Table 2 Global On-Board Charger Market Companies with Areas Served
Table 3 Products Offerings Global On-Board Charger Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global On-Board Charger Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global On-Board Charger Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global On-Board Charger Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 11 Global On-Board Charger Revenue Market Share (%) By Type (2018-2022)
Table 12 Global On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 13 Global On-Board Charger Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global On-Board Charger Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global On-Board Charger Market Share (%) By Regions (2018-2022)
Table 16 North America On-Board Charger Revenue (USD Million) By Country (2018-2022)
Table 17 North America On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 18 North America On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe On-Board Charger Revenue (USD Million) By Country (2018-2022)
Table 20 Europe On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 21 Europe On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific On-Board Charger Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 25 South America On-Board Charger Revenue (USD Million) By Country (2018-2022)
Table 26 South America On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 27 South America On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa On-Board Charger Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 33 Global On-Board Charger Revenue Market Share (%) By Type (2024-2030)
Table 34 Global On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 35 Global On-Board Charger Revenue Market Share (%) By Applications (2024-2030)
Table 36 Global On-Board Charger Market Revenue (USD Million), And Revenue (USD Million) By Regions (2024-2030)
Table 37 North America On-Board Charger Revenue (USD)By Country (2024-2030)
Table 38 North America On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 39 North America On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 40 Europe On-Board Charger Revenue (USD Million) By Country (2024-2030)
Table 41 Europe On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 42 Europe On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 43 Asia Pacific On-Board Charger Revenue (USD Million) By Country (2024-2030)
Table 44 Asia Pacific On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 45 Asia Pacific On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 46 South America On-Board Charger Revenue (USD Million) By Country (2024-2030)
Table 47 South America On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 48 South America On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 49 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2024-2030)
Table 50 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2024-2030)
Table 51 Middle East and Africa On-Board Charger Revenue (USD Million) By Type (2024-2030)
Table 52 Middle East and Africa On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 4 Global On-Board Charger Revenue Market Share (%) By Type (2022)
Figure 5 Global On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global On-Board Charger Revenue Market Share (%) By Applications (2022)
Figure 7 Global On-Board Charger Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global On-Board Charger Market Share (%) By Regions (2022)
Figure 9 North America On-Board Charger Revenue (USD Million) By Country (2018-2022)
Figure 10 North America On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 11 North America On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe On-Board Charger Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific On-Board Charger Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America On-Board Charger Revenue (USD Million) By Country (2018-2022)
Figure 19 South America On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 20 South America On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa On-Board Charger Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa On-Board Charger Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 25 Global On-Board Charger Revenue Market Share (%) By Type (2030)
Figure 26 Global On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 27 Global On-Board Charger Revenue Market Share (%) By Applications (2030)
Figure 28 Global On-Board Charger Market Revenue (USD Million) By Regions (2024-2030)
Figure 29 North America On-Board Charger Revenue (USD Million) By Country (2024-2030)
Figure 30 North America On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 31 North America On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 32 Europe On-Board Charger Revenue (USD Million) By Country (2024-2030)
Figure 33 Europe On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 34 Europe On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 35 Asia Pacific On-Board Charger Revenue (USD Million) By Country (2024-2030)
Figure 36 Asia Pacific On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 37 Asia Pacific On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 38 South America On-Board Charger Revenue (USD Million) By Country (2024-2030)
Figure 39 South America On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 40 South America On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 41 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2024-2030)
Figure 42 Middle East and Africa On-Board Charger Revenue (USD Million) By Region (2024-2030)
Figure 43 Middle East and Africa On-Board Charger Revenue (USD Million) By Type (2024-2030)
Figure 44 Middle East and Africa On-Board Charger Revenue (USD Million) By Applications (2024-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
By Power Output
By Vehicle Type
By Propulsion Type
By Region