Global On-board Charger Market Size & Outlook, 2023-2030
Global on-board charger market, 2017-2030 (US$M)
Related Markets
Global on-board charger market highlights
- The global on-board charger market generated a revenue of USD 5,982.0 million in 2023 and is expected to reach USD 19,668.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.5% by 2030.
- In terms of segment, less than 11kw accounted for a revenue of USD 2,402.3 million in 2023.
- More than 22kW is the most lucrative power output segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,982.0 million |
| Market revenue in 2030 | USD 19,668.1 million |
| Growth rate | 18.5% (CAGR from 2023 to 2030) |
| Largest segment | Less than 11kw |
| Fastest growing segment | More than 22kW |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 11kW, 11kW to 22kW, More than 22kW |
Other key industry trends
- In terms of revenue, the North America accounted for 11.7% of the global on-board charger market in 2023.
- By country, the Germany is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,493.2 million by 2030.
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On-board Charger Market Scope
On-board Charger Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bel Fuse Inc Class A | View profile | 5260 | 300 Executive Drive, Suite 300, West Orange, NJ, United States, 07302 | https://www.belfuse.com |
| Panasonic Industry | View profile | 1001-5000 | Ottobrunn, Bayern, Germany, Europe | https://www.panasonic-electric-works.co.uk |
| Delta Electronics Inc DR | View profile | 68000 | No. 186, Ruey Kuang Road, Neihu District, Taipei, Taiwan, 11491 | https://www.deltaww.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Toyota Industries Corp | View profile | 89245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | https://www.toyota-industries.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
Global on-board charger market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to on-board charger market will help companies and investors design strategic landscapes.
Less than 11kw was the largest segment with a revenue share of 40.16% in 2023. Horizon Databook has segmented the Global on-board charger market based on less than 11kw, 11kw to 22kw, more than 22kw covering the revenue growth of each sub-segment from 2017 to 2030.
- Global On-board Charger Power Output Outlook (Revenue, USD Million, 2017-2030)
- Less than 11kW
- 11kW to 22kW
- More than 22kW
- Global On-board Charger Vehicle Type Outlook (Revenue, USD Million, 2017-2030)
- Passenger Car
- Buses
- Vans
- Medium & Heavy Duty Vehicles
- Boats
- Others
- Global On-board Charger Propulsion Type Outlook (Revenue, USD Million, 2017-2030)
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global on-board charger market , including forecasts for subscribers. This global databook contains high-level insights into Global on-board charger market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global on board charger market size, by region, 2017-2030 (US$M)
Top 10 countries: On board charger market size, 2023 (US$M)
Global on board charger market share, by power output, 2023 & 2030 (%, US$M)
On-board charger market: Opportunity assessment by country
Global on-board charger market, by region, 2023 (US$M)
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