On-Board Charger (OBC) Market

Industry Overview

The Global Onboard Charger Market was valued at USD 1.4 billion in 2023 and is expected to reach USD 4.4 billion by 2030, growing at a CAGR of 17.2% during 2025-2030. The global onboard charger market is growing at a remarkable rate with the rise in electric vehicles on the road. Further, with the growing adoption of electric vehicles globally, the number of onboard chargers is also growing at a large scale. The concern related to running out of charge and getting stuck are some of the factors driving the onboard charger penetration.

The onboard chargers are used by different electric vehicles (including BEV and PHEV) to charge the traction battery. Such chargers convert the AC input from the grid to a DC input which charges the vehicle battery.

On-Board Charger (OBC) Market Segmentation

Insight by Propulsion Type

Based on propulsion type, the market is bifurcated into battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). Among these propulsion types, the battery-electric vehicle segment captured a larger market share in 2020. However, the plug-in hybrid electric vehicle is rapidly expanding its market in developed countries and is expected to grow at a faster rate during the forecast period.

Insight by Power Output

Based on power output, the market is subdivided into less than 10 KW, 10 KW–20 KW, and more than 20 KW Market. Among these, less than 10 KW charger type accounted for the foremost share in 2022 with the most preferred charging output in China and Europe where the density of electric vehicles is largest in the current phase.

Global On-Board Charger (OBC) Market Report Coverage

Industry Dynamics

On-Board Charger (OBC) Market Industry Trends

One of the key trends in the onboard charger market is a gradual shift towards bi-directional charging or vehicle-to-grid (V2G) charging models. This technology enables the electric energy to be pushed back to the grid from the battery of an electric vehicle and will as a result help in energy saving.

On-Board Charger (OBC) Market Growth Drivers

A major success factor for the on-board charger market is its high efficiency with a high power density for a small form factor. Further, another significant reason behind the success of on-board chargers is stringent government regulations supporting electric vehicle adoption. All these factors will impact the on-board charger progression in the market soon.

On-Board Charger (OBC) Market Challenges

The availability of other charging types supporting electric vehicle charging at low prices is a challenge for this market. Whereas, increasing deployment of fast chargers at different public places such as highways, malls, logistics plants, etc. are factors obstructing the on-board charger market.

On-Board Charger (OBC) Market Geographic Overview

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.

Further, Europe holds the second-largest position in on-board charger sales, due to the growing electric vehicle adoption, and the increasing deployment of connected cars. In addition, North America will be the fastest-growing region deploying the electric vehicle during the forecast period, this as a result is also creating a positive impact on the onboard charger market growth.

On-Board Charger (OBC) Market Competitive Insight

The on-board charger market is very much fragmented with a large number of small and large size players operating in the market. The regional players have a 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 market's largest players, launched a Supercharger called V3 at its California plant.

Infineon Technologies AG is Germany's largest semiconductor manufacturer. Infineon is one of the ten largest semiconductor manufacturers worldwide.

Delta-Q Technologies designs, manufactures and tests robust battery chargers that improve the performance of electric drive vehicles and industrial machines.  The company has announced its mid-power charger, the XV3300, which is in full-scale production. With its 3-in-1 design, this charging system integrates a 3.3 kW battery charger, a 500W DC-DC converter to power auxiliary loads and an EV charging station interface.

Recent Developments by Key Players

Infineon and VMAX Intensify Collaboration to Improve EV Fast Charging. VMAX has selected Infineon's new CoolSiC hybrid discrete for its next-generation 6.6 kW OBC/DCDC on-board chargers.

Delta-Q collaborated with A&K Robotics’ autonomous mobility pods to provide its battery chargers. This partnership shall help advance sustainable urban mobility initiatives across British Columbia. The fully autonomous, compact robots feature 360º and 3D sensing systems. 

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.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end-user surveys comprising consumers are conducted to understand consumer behavior.

The On-Board Charger (OBC) Market report offers a comprehensive market segmentation analysis and estimates for the forecast period 2025–2030.

Segments Covered in the Report

• Propulsion Type
  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
• Power Output
  • Less than 10 KW
  • 10 KW–20 KW
  • More than 20 KW

Geographical Segmentation

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 
        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Power Output 
                1.2.2.    By Propulsion Type
                1.2.3.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit
2.    Executive Summary
3.    Industry Overview
        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis
4.    Global Market Estimate and Forecast
        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030
5.    Market Segmentation Estimate and Forecast
        5.1.    By Power Output 
                5.1.1.    Less than 10 KW
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.    10 KW–20 KW
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
                5.1.3.    More than 20 KW
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2030
        5.2.    By Propulsion Type
                5.2.1.    Battery Electric Vehicle (BEV) 
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Plug-in Hybrid Electric Vehicle (PHEV) 
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
        5.3.    By Vehicle Type
                5.3.1.    Passenger Car
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Commercial Vehicle
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030
6.    North America Market Estimate and Forecast
        6.1.    By Power Output 
        6.2.    By Propulsion Type
        6.3.    By Country
                6.3.1.    U.S. Market Estimate and Forecast
                6.3.2.    Canada Market Estimate and Forecast
                6.3.3.    Mexico Market Estimate and Forecast
7.    Europe Market Estimate and Forecast
        7.1.    By Power Output 
        7.2.    By Propulsion Type
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    Rest of Europe Market Estimate and Forecast
8.    Asia-Pacific Market Estimate and Forecast
        8.1.    By Power Output 
        8.2.    By Propulsion Type
        8.3.    By Country 
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Singapore Market Estimate and Forecast
                8.3.6.    Rest of Asia-Pacific Market Estimate and Forecast
9.    Rest of the World (RoW) Market Estimate and Forecast
        9.1.    By Power Output 
        9.2.    By Propulsion Type
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    Other Countries Market Estimate and Forecast
10.    Company Profiles
        10.1.    STMicroelectronics 
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Delta-Q Technologies Corporation
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Delphi Technologies
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Eaton Corporation
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    AVID Technology
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Infineon Technologies AG
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    NXP Semiconductor N.V.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Texas Instruments
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Lear Corporation
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    NOCO Company
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments
11.    Appendix
        11.1.    Exchange Rates
        11.2.    Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global On-Board Charger Market Size, by Propulsion Type, 2018 – 2023 (USD Billion)
Table 5 Global On-Board Charger Market Size, by Propulsion Type, 2025 – 2030 (USD Billion)
Table 6 Global On-Board Charger Market Size, by Power Output, 2018 – 2023 (USD Billion)
Table 7 Global On-Board Charger Market Size, by Power Output, 2025 – 2030 (USD Billion)
Table 8 Global On-Board Charger Market Size, by Region, 2018 – 2023 (USD Billion)
Table 9 Global On-Board Charger Market Size, by Region, 2025 – 2030 (USD Billion)
Table 10 North America On-Board Charger Market Size, by Propulsion Type, 2018 – 2023 (USD Billion)
Table 11 North America On-Board Charger Market Size, by Propulsion Type, 2025 – 2030 (USD Billion)
Table 12 North America On-Board Charger Market Size, by Power Output, 2018 – 2023 (USD Billion)
Table 13 North America On-Board Charger Market Size, by Power Output, 2025 – 2030 (USD Billion)
Table 14 North America On-Board Charger Market Size, by Country, 2018 – 2023 (USD Billion)
Table 15 North America On-Board Charger Market Size, by Country, 2025 – 2030 (USD Billion)
Table 16 Europe On-Board Charger Market Size, by Propulsion Type, 2018 – 2023 (USD Billion)
Table 17 Europe On-Board Charger Market Size, by Propulsion Type, 2025 – 2030 (USD Billion)
Table 18 Europe On-Board Charger Market Size, by Power Output, 2018 – 2023 (USD Billion)
Table 19 Europe On-Board Charger Market Size, by Power Output, 2025 – 2030 (USD Billion)
Table 20 Europe On-Board Charger Market Size, by Country, 2018 – 2023 (USD Billion)
Table 21 Europe On-Board Charger Market Size, by Country, 2025 – 2030 (USD Billion)
Table 22 Asia-Pacific On-Board Charger Market Size, by Propulsion Type, 2018 – 2023 (USD Billion)
Table 23 Asia-Pacific On-Board Charger Market Size, by Propulsion Type, 2025 – 2030 (USD Billion)
Table 24 Asia-Pacific On-Board Charger Market Size, by Power Output, 2018 – 2023 (USD Billion)
Table 25 Asia-Pacific On-Board Charger Market Size, by Power Output, 2025 – 2030 (USD Billion)
Table 26 Asia-Pacific On-Board Charger Market Size, by Country, 2018 – 2023 (USD Billion)
Table 27 Asia-Pacific On-Board Charger Market Size, by Country, 2025 – 2030 (USD Billion)
Table 28 RoW On-Board Charger Market Size, by Propulsion Type, 2018 – 2023 (USD Billion)
Table 29 RoW On-Board Charger Market Size, by Propulsion Type, 2025 – 2030 (USD Billion)
Table 30 RoW On-Board Charger Market Size, by Power Output, 2018 – 2023 (USD Billion)
Table 31 RoW On-Board Charger Market Size, by Power Output, 2025 – 2030 (USD Billion)
Table 32 RoW On-Board Charger Market Size, by Country, 2018 – 2023 (USD Billion)
Table 33 RoW On-Board Charger Market Size, by Country, 2025 – 2030 (USD Billion)
Table 34 Snapshot – STMicroelectronics
Table 35 Snapshot – Delphi Technologies
Table 36 Snapshot – Infineon Technologies AG
Table 37 Snapshot – Delta-Q Technologies Corporation
Table 38 Snapshot – Eaton Corporation
Table 39 Snapshot – AVID Technology
Table 40 Snapshot – NXP Semiconductor N.V.
Table 41 Snapshot – Texas Instruments
Table 42 Snapshot – Lear Corporation
Table 43 Snapshot – NOCO Company

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global On-Board Charger Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global On-Board Charger Market Highlight
Figure 12 Global On-Board Charger Market Size, by Propulsion Type, 2018 - 2030 (USD Billion)
Figure 13 Global On-Board Charger Market Size, by Power Output, 2018 - 2030 (USD Billion)
Figure 14 Global On-Board Charger Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 15 North America On-Board Charger Market Highlight
Figure 16 North America On-Board Charger Market Size, by Propulsion Type, 2018 - 2030 (USD Billion)
Figure 17 North America On-Board Charger Market Size, by Power Output, 2018 - 2030 (USD Billion)
Figure 18 North America On-Board Charger Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 19 Europe On-Board Charger Market Highlight
Figure 20 Europe On-Board Charger Market Size, by Propulsion Type, 2018 - 2030 (USD Billion)
Figure 21 Europe On-Board Charger Market Size, by Power Output, 2018 - 2030 (USD Billion)
Figure 22 Europe On-Board Charger Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 23 Asia-Pacific On-Board Charger Market Highlight
Figure 24 Asia-Pacific On-Board Charger Market Size, by Propulsion Type, 2018 - 2030 (USD Billion)
Figure 25 Asia-Pacific On-Board Charger Market Size, by Power Output, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific On-Board Charger Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 27 RoW On-Board Charger Market Highlight
Figure 28 RoW On-Board Charger Market Size, by Propulsion Type, 2018 - 2030 (USD Billion)
Figure 29 RoW On-Board Charger Market Size, by Power Output, 2018 - 2030 (USD Billion)
Figure 30 RoW On-Board Charger Market Size, by Country, 2018 - 2030 (USD Billion)