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AC BEV On-Board Charger Market Trends

Report ID: GMI10646
Published Date: Aug 2024
Report Format: PDF

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AC BEV On-Board Charger Market Trends

Increasing efforts to standardize charging protocols and infrastructure deployment initiatives are propelling market growth, fostering interoperability and convenience for EV owners. As the EV market continues to expand and mature, the BEV on-board charger segment is poised for sustained growth, offering ample opportunities for manufacturers, suppliers, and service providers to capitalize on the electrification revolution and contribute to a greener, more sustainable transportation future.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of AC BEV on-board charger was worth about USD 8.6 billion in 2023 and will record a CAGR of 22% from 2024 to 2032, driven by ongoing worldwide EV adoption and paradigm shift toward clean energy technologies.

The < 11 kW segment in AC BEV on-board charger industry is projected to witness a CAGR of 25% through 2032, driven by the adoption of electric vehicles across urban areas for commuter use.

Asia Pacific AC BEV on-board charger industry is anticipated to surpass over USD 35.5 billion by 2032, due to stringent emissions regulations and government incentives to accelerate EV adoption.

BRUSA Elektronik AG, Current Ways Inc., Delphi Technologies, Delta Energy Systems, Eaton Corporation, Ficosa International SA, and innolectric AG among others.