An on-board charger (OBC) is used to charge the traction battery in an electric vehicle (EV), hybrid electric vehicle (HEV) or in plug-in hybrid vehicles. The on-board charger system installed in hybrid electric vehicle which turns the AC input from the grid to a DC input, which will further charge the battery. The electronic components used in on-board charger (OBC) offers the modes to recharge the battery from the AC mains either at home or from outlets available in private or public charging stations. Advancements in the power capacity of on-board AC chargers are one of the major factors compelling the hybrid electric vehicle on-board charger market growth. With a rising number of electric vehicles, the demand for electricity, particularly during peak hours will also increase. To cater to this surging demand vehicle-to-grid (V2G) chargers are being evolved and tested which can deliver power bi-directionally between the vehicle and the grid. This has lead to the invention of bi-directional on-board chargers for plug-in vehicles which is a major factor propelling the growth of the market during the forecast period.

The global Hybrid and Electric Vehicle On-Board Charger Market is segregated on the basis of Vehicle as Battery Electric Vehicles (BEVs), Hybrid Electric Vehicles (HEVs) and Plug-in Hybrid Electric Vehicles (PEVs). Based on Speed of Charging the global Hybrid and Electric Vehicle On Board Charger Market is segmented in Fast Charging and Slow Charging. Based on End users the global Hybrid and Electric Vehicle On Board Charger Market is segmented in Passenger Vehicles and Commercial Vehicles.

The global Hybrid and Electric Vehicle On Board Charger Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Hybrid and Electric Vehicle On Board Charger Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Bel Fuse Inc., Continental AG, DEFA AS and EVolve Electrics Ltd. and others are among the major players in the global Hybrid and Electric Vehicle On Board Charger Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In 2017, the Chevrolet Bolt was launched which is able to travel 283 miles with a fully charged battery. This specific move by Chevrolet was regarded as a game changer in the Electric vehicles market considering the fact that it was priced at a same range as competitors. Improvements in on-board charging system will improve the efficiency and battery life to match the environmental and consumer requirements.
• Siemens is providing solutions in on board fast charging systems for public transport systems including tramways. It has promised to provide 60kW or 120kW of charging power which offers an efficient transport with no emission.
• The U.K is addressing the climate change problems and electrifying transportation system by shifting to the electric vehicles. Presently 8% of the complete market of transportations is made up of hybrid, plug-in hybrid and pure electric vehicles, which is one of the propelling factors of the hybrid electric vehicles on-board charging market.

The global Hybrid and Electric Vehicle On Board Charger Market has been segmented as below:

Hybrid and Electric Vehicle On Board Charger Market, By Vehicle

• Battery Electric Vehicles (BEVs)
• Hybrid Electric Vehicles (HEVs)
• Plug-in Hybrid Electric Vehicles (PEVs)

Hybrid and Electric Vehicle On Board Charger Market, By Speed of Charging

• Fast Charging
• Slow Charging

Hybrid and Electric Vehicle On Board Charger Market, By End users

• Passenger Vehicles
• Commercial Vehicles

Hybrid and Electric Vehicle On Board Charger Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Hybrid and Electric Vehicle On Board Charger Market, By Company

• Bel Fuse Inc.
• Continental AG
• DEFA AS
• EVolve Electrics Ltd.
• Hyundai Mobis Co. Ltd.
• Infineon Technologies AG
• Innoelectric GmbH
• Mitsubishi Electric Corp.
• Panasonic Corp.
• Stercom Power Solutions GmbH
• Delphi
• Delta-Q
• NXP Semiconductor
• Stercom Power Solutions GmbH
• BYD
• Nichicon
• Tesla
• Shijiazhuang Dilong Technology
• Kongsberg Automotive 
• Kenergy 
• Zhejiang Wanma 
• Beijing Anghua Weiye Technology

The report covers the below scope:

• Global Hybrid and Electric Vehicle On Board Charger Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Hybrid and Electric Vehicle On Board Charger Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Hybrid and Electric Vehicle On Board Charger Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Hybrid and Electric Vehicle On Board Charger Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Hybrid and Electric Vehicle On Board Charger Market share. Major industry players with significant revenue share include Bel Fuse Inc., Continental AG, DEFA AS, EVolve Electrics Ltd., Hyundai Mobis Co. Ltd. and others.

Why to Buy this Report:

• Gain detailed insights on the Hybrid and Electric Vehicle On Board Charger industry trends
• Find complete analysis on the market status
• Identify the Hybrid and Electric Vehicle On Board Charger Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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