Plug-in Hybrid Electric Vehicle (PHEV) - On-board Charger Market Statistics
The global plug-in hybrid electric vehicle (phev) on-board charger market size was valued at US$ 1,946.1 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 19.2% from 2023 to 2030.
Related Statistics
Plug-in hybrid electric vehicle (phev) - On-board charger market highlights
- The global plug-in hybrid electric vehicle (phev) segment generated a revenue of USD 1,946.1 million in 2023 and is expected to reach USD 6,662.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.7% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 1,946.1 million |
| Market revenue in 2030 | USD 6,662.4 million |
| Growth rate | 19.7% (CAGR from 2024 to 2030) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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On-board Charger Market Scope
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On-board Charger Market Outlook
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