Global On-board Charger Market Size & Outlook
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)
$19,668.1
CAGR, 2024 - 2030
18.5%
Report Coverage
Worldwide
Global on-board charger market, 2017-2030 (US$M)
Related Markets
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 2023 | USD 5,982.0 million |
| Market revenue in 2030 | USD 19,668.1 million |
| Growth rate | 18.5% (CAGR from 2023 to 2030) |
| Largest segment | Less than 11kw |
| Fastest growing segment | More than 22kW |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less 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 Scope
On-board charger market segmentation & scope
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 statistics, by region, 2017-2030 (US$M)
Top 10 countries: On board charger market size, 2023 (USD Million)
Top 10 countries: On board charger market size, 2023 (USD Million)
Global on-board charger market, by region, 2023 (US$M)
Related regional statistics
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