April 11, 2024

Electric Vehicle Onboard Charger (OBC) Market Forecast 2023-2030: Projections and Key Insights for Business Growth

Electric Vehicle Onboard Charger (OBC) Market

The Global Electric Vehicle Onboard Charger (OBC) Market Is Anticipated To Develop At A Significant Growth Rate Over The Analysis Period 2022-2028.The Analysis Period 2023-2030

In an electric vehicle (EV) or hybrid electric vehicle (HEV), an on-board charger (OBC) is used to charge the traction battery. When an EV connects to supporting Level 2 electric vehicle supply equipment (or EVSE) via an appropriate charging cable, an OBC handles charging. The critical function of charging the high-voltage DC battery packs in EVs from an infrastructure power grid is performed by OBCs. As a result, on-board chargers provide the benefit of charging the electric vehicle using the power outlet in our homes.

The Major Players In The Electric Vehicle Onboard Charger (OBC) Market Include:

Ficosa Corporation,LG Electronics,Hyundai Mobis Co. Ltd,BorgWarner Inc.,Bel power solutions,BRUSA Elektronik AG,Delphi Technologies,Toyota Industries Corporation,Xepics Italia SRL,Infineon Technologies AG,Stercom Power Solutions GmbH,Eaton Corporation and Other Major Players.

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Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.

Market Has Segmented The Global Electric Vehicle Onboard Charger (OBC) Market On The Basis Of Type, Application, And Region:

By Vehicle Type         

·         Passenger cars

·         Commercial vehicles

 By Propulsion:

·         Battery Electric Vehicles

·         Plug-in Hybrid Electric Vehicles

·         Hybrid Electric Vehicles

 By Regional Outlook

·    North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

The Electric Vehicle Onboard Charger (OBC) market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

COVID-19 Impact on the Electric Vehicle Onboard Charger (OBC) Market

COVID-19 pandemic is an incomparable global public health emergency that has influenced almost every sector, and the long-term effects are estimated to impact the industry growth over the forecast period. Furthermore, owing to nationwide lockdowns, retracted wound care services, and canceled or postponed elective surgeries. Elective surgeries were being retracted (canceled/postponed) to reserve or redirect the accessible limited capacities and resources (like hospital beds and patient care professionals) towards COVID-19 patient care.

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·         Gained an analysis of market insights and a comprehensive understanding of the Global Electric Vehicle Onboard Charger (OBC) Market and commercial environment.

·         To mitigate development risk, the production process evaluates key problems and solutions.

·         Recognize the driving forces and impediments that have the biggest influence on covid-19 in the Electric Vehicle Onboard Charger (OBC) market, as well as its worldwide market.

·         Explains the market strategies adopted by each major institution.

·         Understand the Electric Vehicle Onboard Charger (OBC) Market’s future view and forecast.

·         In addition to standard structure reports, we also offer custom studies tailored to specific requirements.

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