On-Board Charger Market Moving in the Right Direction | Tesla, ABB, ChargePoint

The latest study released on the Global On-Board Charger Market by HTF MI evaluates market size, trend, and forecast to 2030.
The On-Board Charger market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include :

Tesla (United States), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Bosch (Germany), ChargePoint (United States), Delta Electronics (Taiwan), EVBox (Netherlands), Webasto (Germany), Efacec (Portugal)

According to HTF Market Intelligence, the global On-Board Charger market is valued at USD Million in 2023 and estimated to reach a revenue of USD Million by 2029, with a CAGR of % from 2024 to 2030.

Get Customized Sample Now @ https://www.htfmarketintelligence.com/sample-report/global-on-board-charger-market?utm_source=Neeti_OpenPR&utm_id=Neeti

Definition :

An On-Board Charger (OBC) is a device used in electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) to convert alternating current (AC) from the electrical grid into direct current (DC) to charge the vehicle's battery. The OBC is an essential component of the charging system, and it is typically integrated into the vehicle itself.

Market Trends :

OBCs with higher power outputs were becoming more common, allowing for faster charging times.
This trend is driven by the desire to reduce the time required to charge EVs and improve overall convenience for users.

Market Drivers :

One of the primary factors is the desire to increase charging speed and power. Manufacturers aim to develop OBCs with higher power ratings to reduce charging time and enhance the convenience of electric vehicle ownership.

Market Opportunities :

Opportunities exist for advancing OBC technology to enable even faster charging rates.
This could significantly enhance the convenience and appeal of electric vehicles by reducing charging times, making EVs more practical for a wider range of users.

Key Development Activities :

On 3 May 2023, ABB completes the acquisition of Siemens's low-voltage NEMA motor business. ABB announced it has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced on August 11, 2022, and the financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately $63 million in 2021. On 9 June 2023, General Motors will join Ford in adopting Tesla's North American charging plug standard and give GM electric-vehicle buyers access to the Tesla Supercharger network under an agreement announced. GM's move, which follows a similar decision by Ford to embrace Tesla's charging plug standard, means three of the top EV sellers in the North American market have now agreed on a standard for charging hardware. The agreement was announced by GM CEO Mary Barra and Tesla chief Elon Musk in a Twitter Spaces event

Target Audience :

Analysts and Strategic Business Planners,Automotive Manufacturers,Electric Vehicle Supply Equipment (EVSE) Manufacturers,Energy Companies and Utilities,Regulatory Bodies,Potential Investors,New Entrants,Others

Check Special Discount Offer on Complete Report Now @ https://www.htfmarketintelligence.com/request-discount/global-on-board-charger-market?utm_source=Neeti_OpenPR&utm_id=Neeti


The Global On-Board Charger Market segments and Market Data Break Down are illuminated below :

Global On-Board Charger Market Breakdown by Application (Passenger Car, Commercial Vehicle)
by Powertrain Type (BEV, PHEV) by Rated Power Type (Less than 3.3 kW, 3.3-11 kW, More than 11 kW) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global On-Board Charger market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions :

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Get Complete Scope of Work @ https://www.htfmarketintelligence.com/report/global-on-board-charger-market?utm_source=Neeti_OpenPR&utm_id=Neeti

Objectives of the Report :

• -To carefully analyze and forecast the size of the On-Board Charger market by value and volume.
• -To estimate the market shares of major segments of the On-Board Charger
• -To showcase the development of the On-Board Charger market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the On-Board Charger market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the On-Board Charger
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the On-Board Charger market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Major highlights from Table of Contents :

On-Board Charger Market Study Coverage :

• It includes major manufacturers, emerging player's growth story, and major business segments of On-Board Charger market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

• On-Board Charger Market Executive Summary :

• It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• On-Board Charger Market Production by Region On-Board Charger Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

• Key Points Covered in On-Board Charger Market Report :

• On-Board Charger Overview, Definition and Classification Market drivers and barriers
• On-Board Charger Market Competition by Manufacturers
• Impact Analysis of COVID-19 on On-Board Charger Market
• On-Board Charger Capacity, Production, Revenue (Value) by Region (2023-2030)
• On-Board Charger Supply (Production), Consumption, Export, Import by Region (2023-2030)
• On-Board Charger Production, Revenue (Value), Price Trend by Type {BEV, PHEV}
• On-Board Charger Manufacturers Profiles/Analysis On-Board Charger Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Buy On-Board Charger Market Latest Report Edition @ https://www.htfmarketintelligence.com/buy-now?format=1&report=4646?utm_source=Neeti_OpenPR&utm_id=Neeti


Key questions answered :

How feasible is On-Board Charger market for long-term investment?
What are influencing factors driving the demand for On-Board Charger near future?
What is the impact analysis of various factors in the Global On-Board Charger market growth?

What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Thanks for reading this article; HTF MI also offers Custom Research services providing focused, comprehensive, and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter-wise sections or region-wise reports like Balkan, China-based, Japanese, German, North American, Europe, or Southeast Asia.

Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
Connect with us at LinkedIn | Facebook | Twitter

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.