Scope of the Study
An on-board charger is used to recharge the battery in vehicles either at home or at charging stations. It converts the AC input from the grid to a DC input which charges the battery. Rising fuel prices have led to a rapid expansion of electric mobility. According to a report by India Environment Portal, in 2018, the global electric car fleet exceeded 5.1 million. China remains the world’s largest electric market followed by Europe and the United States. Norway was the global leader in terms of electric car market share (46%). Policy support plays a key role in the development of the electric vehicles market.
The market study is being classified by Type (Unidirectional and Bidirectional) and major geographies with country level break-up.
Infineon Technologies (Germany), LG Electronics (South Korea), AVID Technology Limited (United Kingdom), REFU Elektronik GmbH (Germany), Analog Devices (United States), STMicroelectronics (Switzerland), Ficosa Internacional (Spain), NOCO Company (United States), Global Power Electronics (United States) and Mitsubishi Electric (Japan) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are IES Synergy (France) and Delta-Q Technologies (Canada).
Research Analyst at AMA predicts that United States & Germans Manufacturers will contribute to the maximum growth of Global On-board Charger market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global On-board Charger market by Type, Application and Region.
On the basis of geography, the market of On-board Charger has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Electric & Hybrid Vehicles Is the Major Driver
- Rising Interest to Develop Green Car Market
- Unavailability of Charging Infrastructure Hampering Electric Vehicles Market in Developing Nations
- Government Subsidiaries to Support Electric Vehicle Fleet
- Rising Fuel Prices Leading To Increased Sales of Electric Vehicles
- Rising Cost of Raw Materials
Key Target AudienceManufacturer, Distributor and Supplier, Government Bodies and Associations, Raw Material Supplier, End-User and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase