Report Description Table of Contents Industry Report and Statistics The Global On-Board Charger Market will witness a robust CAGR of 15%, valued at $4.6 billion in 2021, and expected to appreciate and reach $5.3 billion in 2022 and $16 Billon by 2030, confirms Strategic Market Research. The Asia Pacific accounted for a sizeable market share of over 38.0% in 2020. On-board chargers are currently in demand due to the hefty expense of charging an E.V. at public charging stations. Public charging stations close to roads, shopping centers, and businesses are subject to commercial electric rates, which are more expensive than residential rates. So, the need for electric car onboard chargers is increasing rapidly with time. In order to charge the traction battery in an electric vehicle, an on board charger converts the grid's A.C. input to the required D.C. output for charging the batteries. There exist three distinct on-board chargers: single-phase, two-phase, & three-phase chargers. The more phases a charger can utilize, the higher will be the voltage acceptance rate. The phase of the OBC can play a pivotal role in the overall pricing of an electric vehicle. An A.C. level 1 onboard charger that can be plugged into standard power outlets is used by all sorts of electric vehicles. Users choose this style of charger since it reduces the overall cost of installation and doesn't require any additional electrical work. One of the key elements promoting industry expansion is the approvals obtained for A.C. Level 2 charging stations. For instance, in October 2020, the electric vehicle infrastructure supplier EVBox declared that its level 2 commercial onboard charger, the EVBox Icon, now is U.L. certified and is installable across North America. Onboard chargers are being made utilizing silicon carbide semiconductor technology more frequently since it offers a high power density and efficiency of over 98 percent. As a result, myriad number of businesses are concentrating more on offering higher power and more effective SiC on board chargers, which is opening up new vistas of opportunities for market expansion. For instance, an onboard charger supplier named Innolectric announced the introduction of a 22-kW silicon carbide onboard charger in January 2020. The business collaborated with STMicroelectronics to design this new charger. The global deployment of electric charging stations is accelerating market expansion. For instance, Shell said in February 2021 that it would install 500,000 EV charging stations by 2025. An electric car that supports A.C. level 1 and level 2 charging have on board chargers installed. One of the hurdles faced by the EV manufacturers is the reduction in the weight of the vehicle. The on-board charger's capability for charging power improvizes when a DC-DC converter is integrated. This makes the design more complex but it boosts the overall efficacy of the on-board charger. The on-board inbuilt DC-DC charger helps in the reduction of charging times to an extent as well as increases the significance of the on-board chargers. Hence, the market for DC-DC embedded on-board EV chargers is predicted to prosper significantly throughout the time frame of 2022-2030. In future, an increase in the R&D activities for improvisation in the quality of inbuilt DC-DC converters is anticipated to lead to a plethora of product launches. Market Dynamics: Market Drivers: - (Increased sales of electric vehicles will fuel the market's expansion) Increased sales of electric vehicles is fuelling the demand for E.V. onboard chargers. As per SMR, the sales of EV on board chargers climbed by 60 % in the 1st half of 2021 in comparison to the same period in 2020. China became the top E.V. on board charger hub in the world, accounting for 12% of the market. Moreover, E.V. on board charger sales in the first half of 2021 was 2.6 million units, and as per SMR, the count reached almost 5 million units by the year end. Consequently, all of these variables are fuelling the market expansion. Moreover, the Sales of E.V. on board chargers increased by 71% from 2020 to 6.75 million units globally in 2022. Chargers for light trucks, Passenger cars, and light commercial vehicles are all included in this volume. Furthermore, the rise in development of EV on board chargers impacted the sales of EVs greatly. In 2021, E.V.s (BEV & PHEV) made for 8.3% of all light-vehicle sales globally in comparison to 4.2% in 2020. BEV sales made up 71% of all E.V. sales, while PHEV sales made up 29%. Governments are working diligently to promote electric automobiles over those with internal combustion engines. From a survey conducted by SMR, it can be stated that United States President Joe Biden pledged 174 million USD in 2020 to improve E.V.'s onboard charging infrastructure. The U.S. has a lofty goal of electrifying 50% of its transportation by 2030. These initiatives are assisting in boosting E.V. demand in many nations, which will eventually lead to the rise of the global on-board charger market throughout the course of the anticipated term. Market Restraints: - Sales of electric vehicle onboard chargers were significantly impacted by the COVID-19 epidemic in the first half of 2020, which hampered market expansion. According to the data published by the community of Electric Vehicle Manufacturers, the manufacturing rate of E.V. onboard chargers fell by 20% in 2021, from 295,683 units in 2020 to 236,802 units, thereby plummeting the rate of market growth. Opportunities: - Nowadays, the E.V. onboard chargers are being made utilizing silicon carbide semiconductor technology more frequently since it offers a high power density and an efficacy of over 98 percent. As a result, numerous businesses are concentrating more on offering higher power and more effective silicon carbide onboard chargers, which is opening up new prospects for market expansion. For instance, an onboard charger supplier named Innolectric announced the introduction of a 22-kW silicon carbide onboard charger in January 2020. The business collaborated with STMicroelectronics to design this new charger, and it's expected to cater to a plethora of opportunities for market prosperity in the future. The global deployment of electric charging stations is also accelerating market expansion. For instance, Shell said in February 2021 that it would install 500,000 EV charging stations by 2025. An electric car that supports A.C. level 1 and level 2 charging has onboard chargers installed. As per a study published by Idaho Laboratory, around 8% of on-board charging of Nissan Leaf is carried out through DC fast chargers and the remaining 92% of charging is performed through AC Level 2 and Level 1 chargers respectively. Global On-board Charger Market Segmentation Analysis The market has been ramified based on power output, vehicle type, propulsion type, and region : - By Power Output Less than 11 kW 11 kW to 22 kW More than 22 kW By Vehicle Type Medium & Heavy-Duty Vehicles Boats Others Passenger Car Buses Vans By Propulsion Type Battery Electric Vehicle (BEV) Plug-in Hybrid Electric Vehicle (PHEV) Hybrid Electric Vehicles (HEV) By Region Latin America Brazil Middle East & Africa The Asia Pacific China South Korea Japan North America the U.S. Canada Europe Germany U.K. Based on Power Output, in 2020, the 11 kW to 22 kW market segment accounted for more than 41.0 percent of global revenue, thereby dominating the industry. The tri-phase A.C. 11 to 22kw onboard charger takes only (2 to 4) hours to fully charge an electric vehicle. Public charging stations are frequently tri-phase A.C. chargers. Transport & Environment's statistics show that tri-phase A.C. chargers make up 61% of public onboard chargers in Europe. Over the projected period, it is forecast that the category with less than 11 kW will increase at the fastest rate. In the upcoming years, the majority of electric vehicles are anticipated to include 6 kW to 11 kW onboard chargers. 98.2 percent of onboard chargers will be (6 to 11) kW, rather than (3 to 5) kW, in the near future, according to figures provided by Open Systems Media. The expansion of the segment is anticipated to be fuelled by advantages provided by onboard chargers that are smaller than 11 kW, such as improved charging efficiency and maximum performance. Based on Vehicle Type, in 2020, the passenger car segment led the market and generated more than 35.0 percent of global sales. Electric bikes and scooters are common modalities in the electric two-wheeler industry. Like conventional two-wheelers, they are easier to steer through congested roads. Lower-speed (up to 25 km/hr) and medium-speed (up to 40 km/hr) electric two-wheelers with traditional lead-acid batteries are destined to dominate and rule the market throughout the entire forecast period. The demand for onboard chargers is anticipated to rise with the global sales of electric passenger automobiles. The sales of plug-in passenger cars in the United States reached 5.5 percent of the market share in 2020, up from 4.2 percent in 2019, according to data given by the HIS market. Additionally, sales of plug-in passenger car onboard chargers in Europe increased from 3.5 percent in 2019 to 7.7 percent in 2020. Over the projected period, the bus category is anticipated to increase at the fastest rate. An onboard charger is used in buses to convert A.C. to D.C. so that the battery can be charged. The rise of the market is anticipated to be accentuated by an increase in the sales of zero-emission buses internationally. By 2040, sales of onboard chargers for electric buses are predicted to increase by 83 percent, according to data published by Sustainable Bus, a website magazine devoted to the market for electric buses. For instance, the Volkswagen Group declared in January 2020 that it would increase its onboard charger manufacturing by 60% from what it did in 2018. Based on Propulsion, in 2020, the BEV market category held a commanding market share of more than 67.0 percent of worldwide sales. In battery electric vehicles (BEV), the plug-in charged battery provides propulsion. The expansion of the segment is being driven by the increase in BEVs. The majority of the market's share in the BEV class has been held by a number of manufacturers, including Volkswagen, Audi, and Mercedes-Benz. Volkswagen accounted for 17.4% percent of BEVs in 2020, and Mercedes-Benz came in second with 14.9 percent. In comparison to 2021, it is predicted that global E.V. shipments will rise by 34.4 percent to 6.3 million units in 2022. Including the plug-in hybrid electric vehicles, over 6 million electric vehicles are anticipated to be sold this year, up 34.6 percent from 4.5 million in 2021. Based on region, in 2020, the Asia Pacific region dominated the market and generated more than 38.0 percent of worldwide sales. The expansion of regional markets is being highlighted by the increase in government initiatives to promote the sales of electric vehicles in nations like China and India. For instance, one of the key reasons influencing the sales of E.V. onboard chargers in China is the sales quotas that the Chinese government implemented for the years 2019, 2020, and 2021. Tesla Model 3, BYD Qin Pro E.V., and GAC Aion S are a few of the E.V.s with onboard chargers in China. The majority (more than half) of new electric vehicle registrations worldwide are in Norway. By 2024, the Electric Vehicle Association of the Philippines (EVAP) projects an annual growth rate of 8–12%, $33.6 million in revenue from services, and sales of roughly 200,000 electric vehicles. On-board Charger Market Report Coverage Report Attribute Details The market size value in 2020 USD 4.6 billion The revenue forecast in 2030 USD 16 billion Growth rate CAGR of 15% The base year of estimation 2021 Historical data 2017 - 2020 Forecast period 2021 - 2030 Quantitative units Revenue in USD billion and CAGR from 2020 to 2030 Report Coverage company market share, Revenue forecast, competitive landscape, growth factors, and trends Segments Covered Power output, vehicle type, propulsion type, region Power output Less than 11 kW, 11 kW to 22 kW, and more than 22 kW Vehicle type Medium & Heavy-Duty Vehicles, Boats, Passenger Car, Buses, Vans, and Others Propulsion type Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV) Regional scope Asia Pacific; Europe; Latin America; MEA North America; Country scope U.S.; Canada; Germany; U.K.; China; South Korea; Japan; Brazil Key companies profiled Ficosa Internacional S.A., Delta Energy Systems; AVID Technology Limited; Eaton, Toyota Industries Corporation; Bel Fuse Inc.; Stercom Power Solutions, STMicroelectronicsinnolectric AG; BRUSA Elektronik AG; Siemens; Innolectric AG; Current Ways Inc.; Eaton Corporation; Infineon Technologies AG; Innoelectric GmbH. On-board charger market Analysis of Competitive Landscape Data from some well-known players are provided in the competitive landscape analysis. There are numerous large businesses in the target market, including some of the following: Key Companies Delta Energy Systems Bel Fuse Inc. Ficosa Internacional SA Toyota Industries Corporation STMicroelectronics Stercom Power Solutions GmbH Eaton AVID Technology Limited BRUSA Elektronik AG Siemens Innolectric AG Current Ways Inc. Eaton Corporation Infineon Technologies AG Innoelectric GmbH On-board charger market- Recent Developments: In January 2022, Tata Motor Company declared its intentions to make its 3.3 kw onboard chargers widely available in order to reach its goal of annual sales in F.Y. 2023. The company has also consulted with vendors about an assured manufacturing plan for 50,000 onboard charging units for electric vehicles (E.V.s) in the fiscal 2023 period, which will be increased to 125,000–150,000 units yearly over the next two years. In January 2022, before the end of F.Y. 2022–23, or before March 2023, M.G. Motor officially confirmed that an electric vehicle onboard charger would be released. The cost will range from INR 10 lakh to INR 15 lakh. This onboard charger will have the capability to charge an E.V. for covering a range of 300 km in one go. It will compete with the most famous Tata Nexon E.V. onboard charger. Hence, to comply with the government's requirements for a product-linked incentive program, the company wants to localize some of the parts for its new electric vehicle onboard charger. In November 2021, New Gen 2 wall connectors with J1772 connectors were released by Tesla. This electric vehicle (E.V.) onboard charger, in contrast to its previous model, is suitable in the case of all E.V.s present in North America. Tesla Company launched and deployed its first Mega onboard charger to charge its semi-electric truck. The idea debuted in 2020 with the release of Tesla's Semi for public E.V. onboard chargers. Moreover, the organization also announced that operators will be able to manage power more effectively with the help of the cloud-based Panion EV onboard charging planning service. Many devices that the market leaders are manufacturing are: Name Feature Key Player eMobility In order to be a part of every xEV on the road, Ficosa eMobility offers the most cutting-edge and affordable solutions. The investigation of new energy vehicle efficiency is one of Ficosa's future goals. Innovative battery-components solutions are created by Ficosa for PHEV, BEV, and FCEV. Our zero emissions range includes BMSs, Battery BOXes, and Charging Devices solutions that are built on the foundations of excellence, dependability, safety, and innovation. ?? Ficosa Internacional SA VersiCharge In order to meet climate goals and make mobility in Europe carbon neutral, electromobility is a crucial building piece. We are collaborating directly with energy providers, fleet operators, businesses, cities, and end users to make the mobility revolution a reality. Exactly here is where the VersiCharge portfolio fits in. For high-performance products, complete solutions, extensive experience, and cutting-edge software are required. VersiCharge provides clever options for dependable, practical charging at home as well as variations for business requirements. Siemens Wireless Charging Coil There are single, double, and triple-winding wireless charging coils in the Wireless Charging Coil Series. The WCC series enables inductive coupling to wirelessly transfer power to charge a variety of products, including automobile chargers for vehicles and navigation, phones, game consoles, wearable technology, unmanned aerial vehicles (UAVs), robotic cleaners, and more. Bel Fuse Inc. Frequently Asked Question About This Report How much is the E.V. onboard charger Market worth? The global on-board charger market forecast was USD 5.47 Billion in 2022. What was the percentage value of the market in the Asia Pacific in 2020? The Asia-Pacific market held a share of around 38% in 2020. What are the primary factors influencing the On-board charger market? Some of the pivotal factors spearheading the market growth are growing consumer spending and urbanization. Moreover, the market for E.V. onboard chargers will expand due to rising environmental concerns about the pollution caused by I.C. engine vehicles as well as strict emission regulations. Which geographical area dominated the worlds On-Board charger market? The market share was dominated by Asia Pacific in 2020. Do electric cars have onboard chargers? Every EV has an onboard charger, which is primarily responsible for converting the grids alternating current into a direct current for the battery. The electric cars inbuilt charger converts A.C. power from the outlet to D.C. when we plug it into an A.C. outlet. How profitable are E.V. charging stations? Considering the little number of E.V. chargers relative to the enormous number of automobiles, the E.V. charging station industry in India is very profitable. In India, EV charging stations would earn between 10 and 14 lakhs per year. What are the key companies in the On-board charger market? Key players operating in the on-board charger market are Delta Energy Systems, Bel Fuse Inc., Ficosa Internacional SA , Toyota Industries Corporation, STMicroelectronics, Starcom Power Solutions GmbH, Eaton, AVID Technology Limited, BRUSA Elektronik AG, Siemens, etc. . 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Global Electric Vehicle Onboard Charger Market 4.2.1 Global market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 Global market, by region, 2021 - 2030 (USD Million) 4.4 By Power Output Business Analysis 4.4.1 Global market, By Power Output, 2021 - 2030 (USD Million) 4.5 By Vehicle Type Business Analysis 4.5.1 Global market, By Vehicle Type, 2021 - 2030 (USD Million) 4.6 By Propulsion Type Business Analysis 4.6.1 Global market, By Propulsion Type, 2021 - 2030 (USD Million) 4.7 Value Chain Analysis 4.8 Market Variable Analysis 4.8.1 Market Drivers Analysis 4.8.2 Market Restraints Analysis 4.9 Business Environment Analysis Tool 4.9.1 market PEST analysis 4.9.2 market Porter’s analysis 4.10 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. By Propulsion Type Analysis 5.11.1. Trends in By Propulsion Type (2014-2020) 5.11.2. Trends in By Propulsion Type (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By region, By Countries) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Product Power Output 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Global Market: By Power Output Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Less than 11 kW 7.3.1. Less than 11 kW market, 2021 - 2030 (USD Million) 7.4. 11 kW to 22 kW 7.4.1. 11 kW to 22 kW market, 2021 - 2030 (USD Million) 7.5. More than 22 kW 7.5.1. More than 22 kW market, 2021 - 2030 (USD Million) 8. Global Market: By Vehicle Type Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Medium & Heavy-Duty Vehicles 8.3.1. Medium & Heavy-Duty Vehicles market, 2021 - 2030 (USD Million) 8.4. Boats 8.4.1. Boats market, 2021 - 2030 (USD Million) 8.5. Passenger Car 8.5.1. Passenger Car market, 2021 - 2030 (USD Million) 8.6. Buses 8.6.1. Buses market, 2021 - 2030 (USD Million) 8.7. Vans 8.7.1. Vans market, 2021 - 2030 (USD Million) 9. Global Market: By Propulsion Type Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Battery Electric Vehicle (BEV) 9.3.1. Battery Electric Vehicle (BEV) market, 2021 - 2030 (USD Million) 9.4. Plug-in Hybrid Electric Vehicle (PHEV) 9.4.1. Plug-in Hybrid Electric Vehicle (PHEV) market, 2021 - 2030 (USD Million) 9.5. Hybrid Electric Vehicles (HEV) 9.5.1. Hybrid Electric Vehicles (HEV) market, 2021 - 2030 (USD Million) 10. Global Market: Regional Outlook 10.1 North America 10.1.1. North America market, By Power Output, 2021 - 2030 (USD Million) 10.1.2. North America market, By Vehicle Type, 2021 - 2030 (USD Million) 10.1.3. North America market, By Propulsion Type, 2021 - 2030 (USD Million) 10.1.4. North America market, by Country, 2021 - 2030 (USD Million) 10.1.4.1. U.S. 10.1.4.1.1. U.S. market, By Power Output, 2021 - 2030 (USD Million) 10.1.4.1.2. U.S. market, By Vehicle Type, 2021 - 2030 (USD Million) 10.1.4.1.3. U.S. market, By Propulsion Type, 2021 - 2030 (USD Million) 10.1.4.2. Canada 10.1.4.2.1. Canada market, By Power Output, 2021 - 2030 (USD Million) 10.1.4.2.2. Canada market, By Vehicle Type, 2021 - 2030 (USD Million) 10.1.4.2.3. Canada market, By Propulsion Type, 2021 - 2030 (USD Million) 10.2. Europe 10.2.1. Europe market, By Power Output, 2021 - 2030 (USD Million) 10.2.2. Europe market, By Vehicle Type, 2021 - 2030 (USD Million) 10.2.3. Europe market, By Propulsion Type, 2021 - 2030 (USD Million) 10.2.4. Europe market, by country, 2021 - 2030 (USD Million) 10.2.4.1 U.K. 10.2.4.1.1. U.K. market, By Power Output, 2021 - 2030 (USD Million) 10.2.4.1.2. U.K. market, By Vehicle Type, 2021 - 2030 (USD Million) 10.2.4.1.3. U.K. market, By Propulsion Type, 2021 - 2030 (USD Million) 10.2.4.2. Germany 10.2.4.2.1. Germany market, By Power Output, 2021 - 2030 (USD Million) 10.2.4.2.2. Germany market, By Vehicle Type, 2021 - 2030 (USD Million) 10.2.4.2.3. Germany market, By Propulsion Type, 2021 - 2030 (USD Million) 10.2.4.3. France 10.2.4.3.1. France market, By Power Output, 2021 - 2030 (USD Million) 10.2.4.3.2. France market, By Vehicle Type, 2021 - 2030 (USD Million) 10.2.4.3.3. France market, By Propulsion Type, 2021 - 2030 (USD Million) 10.2.4.4. Rest of Europe 10.2.4.4.1. Rest of Europe market, By Power Output, 2021 - 2030 (USD Million) 10.2.4.4.2. Rest of Europe market, By Vehicle Type, 2021 - 2030 (USD Million) 10.2.4.4.3. Rest of Europe market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3. Asia Pacific 10.3.1. Asia Pacific market, By Power Output, 2021 - 2030 (USD Million) 10.3.2. Asia Pacific market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.3. Asia Pacific market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3.4. Asia Pacific market, by country, 2021 - 2030 (USD Million) 10.3.4.1. China 10.3.4.1.1. China market, By Power Output, 2021 - 2030 (USD Million) 10.3.4.1.2. China market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.4.1.3. China market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3.4.2. India 10.3.4.2.1. India market, By Power Output, 2021 - 2030 (USD Million) 10.3.4.2.2. India market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.4.2.3. India market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3.4.3. Japan 10.3.4.3.1. Japan market, By Power Output, 2021 - 2030 (USD Million) 10.3.4.3.2. Japan market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.4.3.3. Japan market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3.4.4. South Korea 10.3.4.4.1. South Korea market, By Power Output, 2021 - 2030 (USD Million) 10.3.4.4.2. South Korea market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.4.4.3. South Korea market, By Propulsion Type, 2021 - 2030 (USD Million) 10.3.4.5. Rest of ASIA PACIFIC 10.3.4.5.1. Rest of ASIA PACIFIC market, By Power Output, 2021 - 2030 (USD Million) 10.3.4.5.2. Rest of ASIA PACIFIC market, By Vehicle Type, 2021 - 2030 (USD Million) 10.3.4.5.3. Rest of ASIA PACIFIC market, By Propulsion Type, 2021 - 2030 (USD Million) 10.4. Latin America 10.4.1. Latin America market, By Power Output, 2021 - 2030 (USD Million) 10.4.2. Latin America market, By Vehicle Type, 2021 - 2030 (USD Million) 10.4.3. Latin America market, By Propulsion Type, 2021 - 2030 (USD Million) 10.4.4. Latin America market, by country, 2021 - 2030 (USD Million) 10.4.4.1. Brazil 10.4.4.1.1. Brazil market, By Power Output, 2021 - 2030 (USD Million) 10.4.4.1.2. Brazil market, By Vehicle Type, 2021 - 2030 (USD Million) 10.4.4.1.3. Brazil market, By Propulsion Type, 2021 - 2030 (USD Million) 10.4.4.2. Mexico 10.4.4.2.1. Mexico market, By Power Output, 2021 - 2030 (USD Million) 10.4.4.2.2. Mexico market, By Vehicle Type, 2021 - 2030 (USD Million) 10.4.4.2.3. Mexico market, By Propulsion Type, 2021 - 2030 (USD Million) 10.4.4.3. Rest of the Latin America 10.4.4.3.1. Rest of the Latin America market, By Power Output, 2021 - 2030 (USD Million) 10.4.4.3.2. Rest of the Latin America market, By Vehicle Type, 2021 - 2030 (USD Million) 10.4.4.3.3. Rest of the Latin America market, By Propulsion Type, 2021 - 2030 (USD Million) 10.5. MEA 10.5.1. MEA market, By Power Output, 2021 - 2030 (USD Million) 10.5.2. MEA market, By Vehicle Type, 2021 - 2030 (USD Million) 10.5.3. MEA market, By Propulsion Type, 2021 - 2030 (USD Million) 10.5.4. MEA market, by Region, 2021 - 2030 (USD Million) 11. Competitive Landscape 11.1 Delta Energy Systems 11.1.1. Company overview 11.1.2. Financial performance 11.1.3. Product Portfolio Analysis 11.1.4. Business Strategy & Recent Development 11.2. BEL FUSE INC. 11.2.1. Company overview 11.2.2. Financial performance 11.2.3. Product Portfolio Analysis 11.2.4. Business Strategy & Recent Development 11.3. FICOSA INTERNACIONAL SA 11.3.1. Company overview 11.3.2. Financial performance 11.3.3. Product Portfolio Analysis 11.3.4. Business Strategy & Recent Development 11.4. TOYOTA INDUSTRIES CORPORATION 11.4.1. Company overview 11.4.2. Financial performance 11.4.3. Product Portfolio Analysis 11.4.4. Business Strategy & Recent Development 11.5. STMICROELECTRONICS 11.5.1. Company overview 11.5.2. Financial performance 11.5.3. Product Portfolio Analysis 11.5.4. Business Strategy & Recent Development 11.6. Stercom Power Solutions GmbH 11.6.1. Company overview 11.6.2. Financial performance 11.6.3. Product Portfolio Analysis 11.6.4. Business Strategy & Recent Development 11.7. Eaton 11.7.1. Company overview 11.7.2. Financial performance 11.7.3. Product Portfolio Analysis 11.7.4. Business Strategy & Recent Development 11.8. AVID Technology Limited 11.8.1. Company overview 11.8.2. Financial performance 11.8.3. Product Portfolio Analysis 11.8.4. Business Strategy & Recent Development 11.9. BRUSA Elektronik AG 11.9.1. Company overview 11.9.2. Financial performance 11.9.3. Product Portfolio Analysis 11.9.4. Business Strategy & Recent Development 11.10. Siemens 11.10.1. Company overview 11.10.2. Financial performance 11.10.3. Product Portfolio Analysis 11.10.4. Business Strategy & Recent Development 11.11. Innolectric AG 11.11.1. Company overview 11.11.2. Financial performance 11.11.3. Product Portfolio Analysis 11.11.4. Business Strategy & Recent Development 11.12. Current Ways Inc. 11.12.1. Company overview 11.12.2. Financial performance 11.12.3. Product Portfolio Analysis 11.12.4. Business Strategy & Recent Development 11.13. Eaton Corporation 11.13.1. Company overview 11.13.2. Financial performance 11.13.3. Product Portfolio Analysis 11.13.4. Business Strategy & Recent Development 11.14. Infineon Technologies AG 11.14.1. Company overview 11.14.2. Financial performance 11.14.3. Product Portfolio Analysis 11.14.4. Business Strategy & Recent Development 11.15. Innoelectric GmbH 11.15.1. Company overview 11.15.2. Financial performance 11.15.3. Product Portfolio Analysis 11.15.4. Business Strategy & Recent Development List of Tables (64 Tables) TABLE 1. MARKET, By Power Output, 2021-2030 (USD Million) TABLE 2. MARKET FOR Less than 11 kW, BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR 11 kW to 22 kW, BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET FOR More than 22 kW, BY REGION, 2021-2030 (USD Million) TABLE 5. MARKET, By Vehicle Type, 2021-2030 (USD Million) TABLE 6. MARKET FOR Medium & Heavy-Duty Vehicles, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET FOR Boats, BY REGION, 2021-2030 (USD Million) TABLE 8. MARKET FOR Passenger Car, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET FOR Buses, BY REGION, 2021-2030 (USD Million) TABLE 10. MARKET FOR Vans, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET, BY PROPULSION TYPE, 2021-2030 (USD Million) TABLE 12. MARKET FOR Battery Electric Vehicle (BEV), BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Plug-in Hybrid Electric Vehicle (PHEV), BY REGION, 2021-2030 (USD Million) TABLE 14. MARKET FOR Hybrid Electric Vehicles (HEV), BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET FOR Battery Powered, BY REGION, 2021-2030 (USD Million) TABLE 18. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 19. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 20. NORTH AMERICA MARKET, By Power Output, 2021-2030 (USD Million) TABLE 21. NORTH AMERICA MARKET, By Vehicle Type, 2021-2030 (USD Million) TABLE 22. NORTH AMERICA MARKET, BY PROPULSION TYPE, 2021-2030 (USD Million) TABLE 23. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 24. EUROPE MARKET, By Power Output, 2021-2030 (USD Million) TABLE 25. EUROPE MARKET, By Vehicle Type, 2021-2030 (USD Million) TABLE 26. EUROPE MARKET, BY PROPULSION TYPE, 2021-2030 (USD Million) TABLE 27. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 28. ASIA-PACIFIC MARKET, By Power Output, 2021-2030 (USD Million) TABLE 29. ASIA-PACIFIC MARKET, By Vehicle Type, 2021-2030 (USD Million) TABLE 30. ASIA-PACIFIC MARKET, BY PROPULSION TYPE, 2021-2030 (USD Million) TABLE 31. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 32. LAMEA MARKET, By Power Output, 2021-2030 (USD Million) TABLE 33. LAMEA MARKET, By Vehicle Type, 2021-2030 (USD Million) TABLE 34. LAMEA MARKET, BY PROPULSION TYPE, 2021-2030 (USD Million) TABLE 35. Delta Energy Systems: COMPANY SNAPSHOT TABLE 36. Delta Energy Systems: OPERATING SEGMENTS TABLE 37. BEL FUSE INC.: COMPANY SNAPSHOT TABLE 38. BEL FUSE INC.: OPERATING SEGMENTS TABLE 39. FICOSA INTERNACIONAL SA: COMPANY SNAPSHOT TABLE 40. FICOSA INTERNACIONAL SA: OPERATING SEGMENTS TABLE 41. TOYOTA INDUSTRIES CORPORATION : COMPANY SNAPSHOT TABLE 42. TOYOTA INDUSTRIES CORPORATION : OPERATING SEGMENTS TABLE 43. STMICROELECTRONICS: COMPANY SNAPSHOT TABLE 44. STMICROELECTRONICS: OPERATING SEGMENTS TABLE 45. Stercom Power Solutions GmbH: COMPANY SNAPSHOT TABLE 46. Stercom Power Solutions GmbH: OPERATING SEGMENTS TABLE 47. Eaton: COMPANY SNAPSHOT TABLE 48. Eaton: OPERATING SEGMENTS TABLE 49. AVID Technology Limited: COMPANY SNAPSHOT TABLE 50. AVID Technology Limited: OPERATING SEGMENTS TABLE 51. BRUSA Elektronik AG: COMPANY SNAPSHOT TABLE 52. BRUSA Elektronik AG: OPERATING SEGMENTS TABLE 53. Siemens: COMPANY SNAPSHOT TABLE 54. Siemens: OPERATING SEGMENTS TABLE 55. Innolectric AG: COMPANY SNAPSHOT TABLE 56. Innolectric AG: OPERATING SEGMENTS TABLE 57. Current Ways Inc.: COMPANY SNAPSHOT TABLE 58. Current Ways Inc.: OPERATING SEGMENTS TABLE 59. Eaton Corporation: COMPANY SNAPSHOT TABLE 60. Eaton Corporation: OPERATING SEGMENTS TABLE 61. Infineon Technologies AG: COMPANY SNAPSHOT TABLE 62. Infineon Technologies AG: OPERATING SEGMENTS TABLE 63. Innoelectric GmbH: COMPANY SNAPSHOT TABLE 64. Innoelectric GmbH: OPERATING SEGMENTS List of Figures (22 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 15 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2017–2020 Figure 8 Import Data for, By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for, By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By Vehicle Type, 2020 vs. 2025 (USD Million) Figure 12 Market Share, By Propulsion Type, 2020 vs. 2025 (USD Million) Figure 13 Market Share, By Power Output, 2020 vs. 2025 (USD Million) Figure 14 Geographical Snapshot of the Market Figure 15 11 kW to 22 kW market to Witness Higher CAGR in the Market for Power Output Segment during Forecast Period. Figure 16 Battery Electric Vehicle (BEV) to Witness Higher CAGR in the Market for By Propulsion Type Segment during Forecast Period. Figure 17 Passenger Car Vehicles to Witness Higher CAGR in the Market for Vehicle Type Segment during Forecast Period. Figure 18 APAC region Accounted for the Largest Share of the Market, On Regional Basis, in 2020 Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges Figure 20 North America: Market Snapshot Figure 21 Asia Pacific: Market Snapshot Figure 22 Vendor Dive: Evaluation Overview