On-Board Charger (OBC) Market – Analysis and Forecast (2021-2027)

1. Global On-Board Charger (OBC) Market

2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

3. Global On-Board Charger (OBC) Market The global on-board charger market was valued at USD 1.4 billion in 2019 and is expected to reach USD 4.4 billion by 2027, growing at a CAGR of 17.2% during 2021-2027. The global on-board charger market is growing at a remarkable rate with rise in electric vehicle on road. Further, with the growing adoption of electric vehicle globally, the number of on-board chargers is also growing at large scale. The concern related to running out of charge and getting stuck are some of the factors driving the on-board charger penetration. A major success factor for on-board charger market is its high efficiency with a high-power density for a small form factor. Further, other significant reason behind success of on-board charger is stringent government regulations supporting electric vehicle adoption. All these factors will impact the on-board charger progression in the market in near future.

4. Global On-Board Charger (OBC) Market Geographically, APAC, mainly China is the largest on-board charger market with the largest number of electric vehicle production. It is expected that China will lead in the number of electric vehicle production and sales, as a result, there will be growth in demand for on-board chargers as well. The on-board charger market is very much fragmented with large number of small and large size players operating in the market. The regional players have main focus in the domestic region only, however, the global players are expanding their footprint globally. Further, new product development and global expansion are the key strategies adopted by the market players. For instance, in March 2019, Tesla Inc., one of the largest players in the market launched Supercharger called V3 at its California plant.

5. Global On-Board Charger (OBC) Market Some of the key players operating in the on-board charger market are STMicroelectronics, Delphi Technologies, Infineon Technologies AG, Delta-Q Technologies Corporation, Eaton Corporation, AVID Technology, NXP Semiconductor N.V., Texas Instruments, Lear Corporation, and NOCO Company.

6. For Sample Report :- https://www.vynzresearch.com/automotive-transportation/on-board-charger-obc-market/request-sample www.vynzresearch.com