Global On-board Charger Market Size & Outlook, 2023-2030

The on-board charger industry worldwide is expected to reach a projected revenue of US$ 19,668.1 million by 2030. A compound annual growth rate of 18.5% is expected of the worldwide on-board charger industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,982.0
Forecast, 2030 (US$M)
$19,668.1
CAGR, 2024 - 2030
18.5%
Report Coverage
Worldwide

Global on-board charger market highlights

  • The global on-board charger market generated a revenue of USD 5,982.0 million in 2023 and is expected to reach USD 19,668.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 18.5% by 2030.
  • In terms of segment, less than 11kw accounted for a revenue of USD 2,402.3 million in 2023.
  • More than 22kW is the most lucrative power output segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 5,982.0 million
Market revenue in 2030USD 19,668.1 million
Growth rate18.5% (CAGR from 2023 to 2030)
Largest segmentLess than 11kw
Fastest growing segmentMore than 22kW
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLess than 11kW, 11kW to 22kW, More than 22kW

Other key industry trends

  • In terms of revenue, the North America accounted for 11.7% of the global on-board charger market in 2023.
  • By country, the Germany is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,493.2 million by 2030.

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On-board Charger Market Companies

Name Profile # Employees HQ Website

Global on-board charger market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to on-board charger market will help companies and investors design strategic landscapes.


Less than 11kw was the largest segment with a revenue share of 40.16% in 2023. Horizon Databook has segmented the Global on-board charger market based on less than 11kw, 11kw to 22kw, more than 22kw covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global On-board Charger Power Output Outlook (Revenue, USD Million, 2017-2030)
    • Less than 11kW
    • 11kW to 22kW
    • More than 22kW
  • Global On-board Charger Vehicle Type Outlook (Revenue, USD Million, 2017-2030)
    • Passenger Car
    • Buses
    • Vans
    • Medium & Heavy Duty Vehicles
    • Boats
    • Others
  • Global On-board Charger Propulsion Type Outlook (Revenue, USD Million, 2017-2030)
    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicle (PHEV)

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Horizon Databook provides a detailed overview of global-level data and insights on the Global on-board charger market , including forecasts for subscribers. This global databook contains high-level insights into Global on-board charger market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global on board charger market size, by region, 2017-2030 (US$M)

Top 10 countries: On board charger market size, 2023 (US$M)

Global on board charger market share, by power output, 2023 & 2030 (%, US$M)

On-board charger market: Opportunity assessment by country

Global on-board charger market, by region, 2023 (US$M)

Global on board charger market size, by region, 2017-2030 (US$M)

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