Global Electric On Board Charger Market, By Charging Power Range (Between 3 to 3.7 kW, More than 6.6 kW), Application (Electric Vehicle, Boats), Country (U U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Electric On Board Charger Market
Electric on board charger market will grow at a rate of 2.75% in the forecast period 2021 to 2028. Increase in penetration of electric vehicles acts as the vital factor escalating the demand for electric on board charger market in the forecast period of 2021- 2028.
On-board chargers help in converting the alternation current (AC) power into direct current (DC) energy that is stored in the battery and the batteries in EV store energy as DC energy which is used to power electric vehicles and boats.
Increase in penetration of electric vehicles is the major driver escalating the market growth, also rise in the government initiatives for development of electric vehicle charging infrastructure and related components and rise in the research and development activities in the market are the major factors among others driving the electric on board charger market growth. Moreover, increase in the technological advancements and modernization in the production techniques and rise in the demand from emerging economies will further create new opportunities for the electric on board charger market manufacturers in the forecast period of 2021- 2028.
However, rise in the cost of research and development activities acts as the major factor acting as a restraint, and will further challenge the growth of electric on board charger market in the forecast period.
This electric on board charger market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on electric on board charger market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Electric on Board Charger Market Scope and Market Size
Electric on board charger market is segmented on the basis of charging power range and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of charging power range, electric on board charger market is segmented into between 3 to 3.7 kW and more than 6.6 kW.
- Based on application, the electric on board charger market is segmented into electric vehicle and boats.
Electric on board charger market Country Level Analysis
Electric on board charger market is analyses and market size, volume information is provided by country, charging power range and application as referenced above.
The countries covered in electric on board charger market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
North America dominates the electric on board charger market due to rise in the government initiatives for development of electric vehicle charging infrastructure and related components and rise in the research and development activities in the market in this region.
The country section of the electric on board charger market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Electric on board charger market Share Analysis
Electric on board charger market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electric on board charger market.
The major players covered in the electric on board charger market report are BRUSA Elektroni, Bel Fuse Inc, Current Ways, TOYOTA INDUSTRIES CORPORATION, innolectric AG, Eaton, Cicero Design GmbH, Xepics Italia SRL, Delphi Technologies, AVID Technology Limited, Infineon Technologies AG, STMICROELECTRONICS, Hangzhou Aodi Electronic Control Co., Ltd. and Ficosa Internacional SA., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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