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Europe BEV On-Board Charger Market Size
- Report ID: GMI10772
- Published Date: Aug 2024
- Report Format: PDF
Europe BEV On-Board Charger Market Size
Europe BEV On-Board Charger Market size was valued at USD 4.3 billion in 2023 and is projected to grow at a CAGR of 22.1% from 2024 to 2032. Stringent emissions standards and ambitious goals for electric vehicle (EV) uptake have emerged as crucial catalysts, spurring significant investments in BEV on-board chargers throughout the European region. For instance, starting in 2025, Regulation (EU) 2019/631 introduces more stringent EU-wide CO2 fleet targets, including a 15% reduction by 2025 for both cars and vans.
In the region, regulations mandate a zero-CO2 emission target for new cars and vans starting in 2035. This ambitious framework underscores the European Union's commitment to combatting climate change and accelerating the transition to cleaner transportation solution and play a vital role in the development of electric vehicle on-board charger throughout Europe over the coming years.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe BEV On-Board Charger Market Size in 2023: | USD 4.3 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 22.1% |
| 2032 Value Projection: | USD 25.6 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 120 |
| Tables, Charts & Figures: | 15 |
| Segments covered: | Rating, Current, & Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe BEV On-Board Charger Market Scope
