According to our (Global Info Research) latest study, the global Electric Vehicle (EV) On Board Charger market size was valued at US$ 7028 million in 2025 and is forecast to a readjusted size of US$ 20660 million by 2032 with a CAGR of 16.8% during review period.
In 2024, global electric vehicle (EV) on-board charger production reached approximately 18.2 million units, with an average global market price of around US$278 per unit. Electric vehicle (EV) on-board charger is a device integrated into electric vehicles that converts alternating current (AC) from external charging stations into direct current (DC) to charge the vehicle’s battery. It regulates the voltage and current levels during the charging process to ensure safe and efficient energy transfer. The on-board charger also communicates with the charging station to coordinate charging parameters and may support different power levels depending on the vehicle model and market requirements. It plays a critical role in determining how fast and efficiently an EV can be charged from an AC power source.
The market for electric vehicle (EV) on-board chargers is expanding rapidly in response to the accelerating global transition to electric mobility. As EV adoption increases across regions, the demand for efficient, compact, and high-power on-board charging solutions grows in parallel. Automakers are investing in advanced OBC systems that offer faster charging times, higher voltage compatibility (such as 800V platforms), and improved energy conversion efficiency to meet evolving consumer expectations. Silicon carbide (SiC) and gallium nitride (GaN) technologies are increasingly adopted to enhance thermal performance and reduce system size and weight.
Supportive government policies, growing EV charging infrastructure, and tighter emission regulations further boost the demand for reliable OBC systems. The integration of smart features, such as communication with grid systems and support for bidirectional charging, is also shaping the future of on-board chargers. Asia-Pacific leads the global market, particularly China, due to high EV production and government initiatives. Meanwhile, North America and Europe are also seeing rapid growth with strong regulatory and industry support. As EV technologies mature, the OBC market is expected to continue evolving with a focus on faster, safer, and more intelligent charging capabilities.
This report is a detailed and comprehensive analysis for global Electric Vehicle (EV) On Board Charger market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Vehicle (EV) On Board Charger market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle (EV) On Board Charger market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle (EV) On Board Charger market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global Electric Vehicle (EV) On Board Charger market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Vehicle (EV) On Board Charger
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Vehicle (EV) On Board Charger market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Tesla, BYD, VMAX, Leopold Kostal GmbH, LG Magna, EV-Tech, Hyundai Mobis, Shinry, Tiecheng, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Vehicle (EV) On Board Charger market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
6-8 KW
Below 6 KW
Above 8 KW
Market segment by Application
BEV
PHEV
Major players covered
Panasonic
Tesla
BYD
VMAX
Leopold Kostal GmbH
LG Magna
EV-Tech
Hyundai Mobis
Shinry
Tiecheng
Enpower
Toyota Industries
Valeo
Younghwa Tech
Hyundai Kefico
HL Mando
Mitsubishi Electric Mobility
Denso
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Vehicle (EV) On Board Charger product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle (EV) On Board Charger, with price, sales quantity, revenue, and global market share of Electric Vehicle (EV) On Board Charger from 2021 to 2026.
Chapter 3, the Electric Vehicle (EV) On Board Charger competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle (EV) On Board Charger breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Electric Vehicle (EV) On Board Charger market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle (EV) On Board Charger.
Chapter 14 and 15, to describe Electric Vehicle (EV) On Board Charger sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Electric Vehicle (EV) On Board Charger. Industry analysis & Market Report on Electric Vehicle (EV) On Board Charger is a syndicated market report, published as Global Electric Vehicle (EV) On Board Charger Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Electric Vehicle (EV) On Board Charger market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.