BEV On-Board Charger Market Size

Report ID: GMI7327
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Published Date: January 2025
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Report Format: PDF

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BEV On-Board Charger Market Size

The global BEV on-board charger market was valued at USD 19.7 billion in 2024 and is estimated to grow at a CAGR of 20.1% from 2025 to 2034, fueled by the global surge in EV adoption and the shift toward clean energy technologies which demand faster and more efficient charging solutions. In response, manufacturers are focusing on developing on-board chargers with higher power ratings, designed to drastically shorten charging times and improve the overall user experience.

 

BEV On-Board Charger Market

Efforts to standardize charging protocols are currently in progress with the goal of creating consistency and compatibility across different EV models and charging infrastructures. This initiative aims to simplify the charging process for consumers, ensuring a smooth experience regardless of the vehicle or charging station. By enhancing interoperability, these standardization efforts are crucial in driving the growth of the market growth, boosting consumer confidence, and encouraging the wider adoption of electric vehicles.
 

Authors: Ankit Gupta, Shashank Sisodia
Frequently Asked Question(FAQ) :
Who are the major players in the BEV on-board charger market?
Key players in the BEV on-board charger market include Bel Fuse, BorgWarner, Brusa Elektronik, Delta Energy Systems, Eaton, Ficosa Internacional, Hyundai Motor, Infineon Technologies, Innolectric, Nissan Motor, Phinia, Stercom Power Solutions, STMicroelectronics, Tesla, Toyota Industries, Valeo, and Xepics Italia.
How big is the BEV on-board charger market?
What is the size of the > 11 kW to 22 kW BEV on-board charger segment?
What trends are influencing the U.S. BEV on-board charger market growth?
How fast is the AC EV on-board charger market growing?
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    Base Year: 2024

    Companies covered: 17

    Tables & Figures: 36

    Countries covered: 19

    Pages: 145

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