The North America On-Board Charger Market would witness market growth of 16.0% CAGR during the forecast period (2021-2027).
Approvals for AC level 2 charging stations are one of the primary reasons driving the market forward. For example, EVBox, a developer of electric car charging infrastructure, in October 2020 stated that their EVBox Iqon, a level 2 commercial charging station, has gained a UL certification and is now ready for installation across North America.
The industry is growing because to the increased deployment of electric charging stations around the world. In an electric car that supports AC level 1 and level 2 charging, on-board chargers are used. According to a study published by Idaho National Laboratory, DC fast chargers account for 8% of Nissan Leaf charging, while AC level 1 and level 2 chargers account for the remaining 80%.
North America is one of the most enthusiastic supporters of electric vehicle adoption. By developing affordable, innovative BEV cars like the Tesla Model X, companies like Tesla have snatched up the majority of the market share in the region. Tesla has created a charging infrastructure network in the area, which has encouraged EV adoption even more. For the North American region, technological developments, infrastructural availability, and product innovation are significant market growth drivers.
The US market dominated the North America On-board Charger Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,958.6 million by 2027. The Canada market is expected to witness a CAGR of 18.6% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 17.6% during (2021 - 2027).
Based on Propulsion Type, the market is segmented into Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV). Based on Vehicle Type, the market is segmented into Passenger Car, Buses, Vans, Medium & Heavy-Duty Vehicles, Boats, and Others. Based on Power Output, the market is segmented into Less than 11 kW, 11 kW to 22 kW, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global On-board Charger Market is Estimated to reach $10 Billion by 2027, at a CAGR of 16.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Current Ways, Inc., Eaton Corporation PLC, STMicroelectronics N.V., Infineon Technologies AG, Bel Fuse, Inc., TDK Corporation (InvenSense), Toyota Motor Corporation, BorgWarner, Inc., Panasonic Corporation, and AVID Technology Limited.
Scope of the Study
Market Segments Covered in the Report:
By Propulsion Type
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
By Vehicle Type
- Passenger Car
- Buses
- Vans
- Medium & Heavy-Duty Vehicles
- Boats
- Others
By Power Output
- Less than 11 kW
- 11 kW to 22 kW
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Current Ways, Inc.
- Eaton Corporation PLC
- STMicroelectronics N.V.
- Infineon Technologies AG
- Bel Fuse, Inc.
- TDK Corporation (InvenSense)
- Toyota Motor Corporation
- BorgWarner, Inc.
- Panasonic Corporation
- AVID Technology Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America On-Board Charger Market, by Propulsion Type
1.4.2 North America On-Board Charger Market, by Vehicle Type
1.4.3 North America On-Board Charger Market, by Power Output
1.4.4 North America On-Board Charger Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisitions and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, May – 2021, Jul) Leading Players
Chapter 4. North America On-board Charger Market by Propulsion Type
4.1 North America On-board Charger Battery Electric Vehicle (BEV) Market by Country
4.2 North America On-board Charger Plug-in Hybrid Electric Vehicle (PHEV) Market by Country
Chapter 5. North America On-board Charger Market by Vehicle Type
5.1 North America Passenger Car On-board Charger Market by Country
5.2 North America Buses On-board Charger Market by Country
5.3 North America Vans On-board Charger Market by Country
5.4 North America Medium & Heavy-Duty Vehicles On-board Charger Market by Country
5.5 North America Boats On-board Charger Market by Country
5.6 North America Other Vehicle Type On-board Charger Market by Country
Chapter 6. North America On-board Charger Market by Power Output
6.1 North America Less than 11 kW On-board Charger Market by Country
6.2 North America 11 kW to 22 kW On-board Charger Market by Country
6.3 North America Others On-board Charger Market by Country
Chapter 7. North America On-board Charger Market by Country
7.1 US On-board Charger Market
7.1.1 US On-board Charger Market by Propulsion Type
7.1.2 US On-board Charger Market by Vehicle Type
7.1.3 US On-board Charger Market by Power Output
7.2 Canada On-board Charger Market
7.2.1 Canada On-board Charger Market by Propulsion Type
7.2.2 Canada On-board Charger Market by Vehicle Type
7.2.3 Canada On-board Charger Market by Power Output
7.3 Mexico On-board Charger Market
7.3.1 Mexico On-board Charger Market by Propulsion Type
7.3.2 Mexico On-board Charger Market by Vehicle Type
7.3.3 Mexico On-board Charger Market by Power Output
7.4 Rest of North America On-board Charger Market
7.4.1 Rest of North America On-board Charger Market by Propulsion Type
7.4.2 Rest of North America On-board Charger Market by Vehicle Type
7.4.3 Rest of North America On-board Charger Market by Power Output
Chapter 8. Company Profiles
8.1 Current Ways, Inc.
8.1.1 Company Overview
8.2 Eaton Corporation PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisitions and Mergers:
8.2.6 Swot Analysis
8.3 STMicroelectronics N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Infineon Technologies AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Bel Fuse, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 TDK Corporation (InvenSense)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.7 Toyota Motor Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis
8.8 BorgWarner, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.8.5.3 Acquisitions and Mergers:
8.9 Panasonic Corporation (Ficosa International SA)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Geographical Expansions:
8.9.6 SWOT Analysis
8.10. AVID Technology Limited
8.10.1 Company Overview
TABLE 1 North America On-board Charger Market, 2017 - 2020, USD Million
TABLE 2 North America On-board Charger Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– On-Board Charger Market
TABLE 4 Product Launches And Product Expansions– On-Board Charger Market
TABLE 5 Acquisition and Mergers– On-Board Charger Market
TABLE 6 Geographical expansions– On-Board Charger Market
TABLE 7 North America On-board Charger Market by Propulsion Type, 2017 - 2020, USD Million
TABLE 8 North America On-board Charger Market by Propulsion Type, 2021 - 2027, USD Million
TABLE 9 North America On-board Charger Battery Electric Vehicle (BEV) Market by Country, 2017 - 2020, USD Million
TABLE 10 North America On-board Charger Battery Electric Vehicle (BEV) Market by Country, 2021 - 2027, USD Million
TABLE 11 North America On-board Charger Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2017 - 2020, USD Million
TABLE 12 North America On-board Charger Plug-in Hybrid Electric Vehicle (PHEV) Market by Country, 2021 - 2027, USD Million
TABLE 13 North America On-board Charger Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 14 North America On-board Charger Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 15 North America Passenger Car On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Passenger Car On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Buses On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Buses On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Vans On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Vans On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Medium & Heavy-Duty Vehicles On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Medium & Heavy-Duty Vehicles On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Boats On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Boats On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Other Vehicle Type On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Other Vehicle Type On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 27 North America On-board Charger Market by Power Output, 2017 - 2020, USD Million
TABLE 28 North America On-board Charger Market by Power Output, 2021 - 2027, USD Million
TABLE 29 North America Less than 11 kW On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Less than 11 kW On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 31 North America 11 kW to 22 kW On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 32 North America 11 kW to 22 kW On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Others On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Others On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 35 North America On-board Charger Market by Country, 2017 - 2020, USD Million
TABLE 36 North America On-board Charger Market by Country, 2021 - 2027, USD Million
TABLE 37 US On-board Charger Market, 2017 - 2020, USD Million
TABLE 38 US On-board Charger Market, 2021 - 2027, USD Million
TABLE 39 US On-board Charger Market by Propulsion Type, 2017 - 2020, USD Million
TABLE 40 US On-board Charger Market by Propulsion Type, 2021 - 2027, USD Million
TABLE 41 US On-board Charger Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 42 US On-board Charger Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 43 US On-board Charger Market by Power Output, 2017 - 2020, USD Million
TABLE 44 US On-board Charger Market by Power Output, 2021 - 2027, USD Million
TABLE 45 Canada On-board Charger Market, 2017 - 2020, USD Million
TABLE 46 Canada On-board Charger Market, 2021 - 2027, USD Million
TABLE 47 Canada On-board Charger Market by Propulsion Type, 2017 - 2020, USD Million
TABLE 48 Canada On-board Charger Market by Propulsion Type, 2021 - 2027, USD Million
TABLE 49 Canada On-board Charger Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 50 Canada On-board Charger Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 51 Canada On-board Charger Market by Power Output, 2017 - 2020, USD Million
TABLE 52 Canada On-board Charger Market by Power Output, 2021 - 2027, USD Million
TABLE 53 Mexico On-board Charger Market, 2017 - 2020, USD Million
TABLE 54 Mexico On-board Charger Market, 2021 - 2027, USD Million
TABLE 55 Mexico On-board Charger Market by Propulsion Type, 2017 - 2020, USD Million
TABLE 56 Mexico On-board Charger Market by Propulsion Type, 2021 - 2027, USD Million
TABLE 57 Mexico On-board Charger Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 58 Mexico On-board Charger Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 59 Mexico On-board Charger Market by Power Output, 2017 - 2020, USD Million
TABLE 60 Mexico On-board Charger Market by Power Output, 2021 - 2027, USD Million
TABLE 61 Rest of North America On-board Charger Market, 2017 - 2020, USD Million
TABLE 62 Rest of North America On-board Charger Market, 2021 - 2027, USD Million
TABLE 63 Rest of North America On-board Charger Market by Propulsion Type, 2017 - 2020, USD Million
TABLE 64 Rest of North America On-board Charger Market by Propulsion Type, 2021 - 2027, USD Million
TABLE 65 Rest of North America On-board Charger Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 66 Rest of North America On-board Charger Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 67 Rest of North America On-board Charger Market by Power Output, 2017 - 2020, USD Million
TABLE 68 Rest of North America On-board Charger Market by Power Output, 2021 - 2027, USD Million
TABLE 69 Key information – Current Ways, Inc.
TABLE 70 key information – Eaton Corporation PLC
TABLE 71 Key Information – STMicroelectronics N.V.
TABLE 72 Key Information – Infineon Technologies AG
TABLE 73 Key information – Bel Fuse, Inc.
TABLE 75 key information – Toyota Motor Corporation
TABLE 76 Key Information – BorgWarner, Inc.
TABLE 77 Key Information – Panasonic Corporation
TABLE 78 Key information – AVID Technology Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and agreements : 2019, May – 2021, Jul) Leading Players
FIG 5 SWOT Analysis: Eaton Corporation PLC
FIG 6 Recent strategies and developments: STMicroelectronics N.V.
FIG 7 Swot analysis: stmicroelectronics n.v.
FIG 8 Swot analysis: INFINEON TECHNOLOGIES AG
FIG 9 SWOT ANALSYSIS: TOYOTA MOTOR CORPORATION
FIG 10 Recent strategies and developments: BorgWarner Inc.
FIG 11 Recent strategies and developments: Panasonic Corporation
FIG 12 SWOT Analysis: Panasonic Corporation