North America Electric Vehicle On-board Charger Market Forecast 2021-2028

North America Electric Vehicle On-board Charger Market Forecast 2021-2028


The North America electric vehicle on-board charger market is projected to progress with a CAGR of 22.27% in terms of volume and 20.79% in terms of revenue. The regional market’s growth is mainly attributed to favorable market conditions for scientific innovations, the presence of well-established electric vehicle industry players, and rapidly developing technological advancements.


The North America electric vehicle on-board charger market growth evaluation entails the assessment of Canada and the United States. Presently, Canada holds a relatively minor share within the North America electric vehicle on-board charger market. However, the nation is anticipated to grow with a notable CAGR over the forecasted years. In terms of automobile production, Canada observed a negative growth rate from 2010 to 2017 due to the financial crisis of 2008-2009. Nevertheless, the country’s automotive sales acquired a much-required boost in 2018, primarily due to the increased growth rate of commercial vehicles, thereby improving Canada’s automotive growth outlook.

Over 70% of the electric vehicle sales in Canada are derived from three regions including, British Columbia, Quebec, and Ontario, collectively encompassing 75% of the total population. Moreover, government reformations facilitating the sale of electric vehicles are being drafted across numerous Canadian states. In this regard, Canada has a coherent policy allowing a $5,000 rebate to electric car buyers. The program is termed iZEV and also includes plug-in hybrid vehicles (PHEV). Therefore, these factors are set to play a pivotal role in augmenting the North America electric vehicle on-board charger market growth.


Some of the key companies operating in the market are Current Ways Inc, TDK Corporation, LG Electronics, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis: Electric Vehicle
3.2. Key Drivers
3.2.1. Growing Sales Of Electric Vehicles
3.2.2. Government Incentives And Promotions For Electric Vehicle Industry
3.2.3. High Cost Of Fast Charging Systems
3.3. Key Restraints
3.3.1. Lack Of Standardization Of Ev Charging
3.3.2. Increased Installation Of Dc Fast Chargers
4. Key Analytics
4.1. Impact Of Covid-19 On Electric Vehicle On-board Charger Market
4.2. Key Market Trends
4.3. Porter’s Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
5. Market By Power Output (Value In $ Million)
5.1. Less Than 10 Kw
5.2. 10 Kw To 20 Kw
5.3. More Than 20 Kw
6. Market By Propulsion Type (Value In $ Million)
6.1. Battery Electric Vehicle (Bev)
6.2. Plug-in Hybrid (Phev)
7. Market By Vehicle Type (Value In $ Million)
7.1. Electric Passenger Car
7.2. Electric Buses
7.3. Electric Vans
7.4. Electric Medium Duty Vehicles
7.5. Electric Heavy Duty Vehicles
7.6. Electric Agriculture Tractors
7.7. Electric Construction Equipment
7.8. Electric Mining Vehicles
7.9. Electric & Hybrid Boats/Ships
8. Geographical Analysis (Value In $ Million & Volume In Thousand Units)
8.1. North America
8.1.1. Key Growth Enablers
8.1.2. Key Challenges
8.1.3. Key Players
8.1.4. Country Analysis United States Canada
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnership & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Avid Technology Limited
9.2.2. Bel Power Solution
9.2.3. Borg Warner
9.2.4. Brusa Elektronik Ag
9.2.5. Current Ways Inc
9.2.6. Eaton
9.2.7. Ficosa Internacional Sa
9.2.8. Hangzhou Aodi Electronic Control Co Ltd
9.2.9. Innoelectric Gmbh
9.2.10. Leopold Kostal
9.2.11. Shinry Technologies
9.2.12. Stercom Power Solutions Gmbh
9.2.13. Tdk Corporation
9.2.14. Toyota Industries Corporation
9.2.15. Xepics Italia Srl

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