H&EV On-Board Charger Market to grow at 32.64% CAGR by 2025|Bel Fuse Inc. and Continental AG among Key Growth Contributors| Technavio

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Oct 07, 2021, 10:45 ET

NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The hybrid and electric vehicle on-board charger market is set to grow by 7,434.41 thousand units between 2021 and 2025 and register a CAGR of about 32.64%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis and summation of data from multiple sources.

Attractive Opportunities in Hybrid and Electric Vehicle On-Board Charger Market by Type and Geography - Forecast and Analysis 2021-2025

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Improvements in the power capacity of on-board AC chargers, increasing demand for HEVs and EVs, and favorable standards for electrical connectors will offer immense growth opportunities. However, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Hybrid and Electric Vehicle On-board Charger Market 2021-2025: Segmentation

Type

BEVs
PHEVs

Geography

APAC
Europe
North America
South America
MEA

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Hybrid and Electric Vehicle On-Board Charger Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the hybrid and electric vehicle on-board charger market report provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Bel Fuse Inc., Continental AG, DEFA AS, EVolve Electrics Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Innoelectric GmbH, Mitsubishi Corp., Panasonic Corp., and Stercom Power Solutions GmbH.

The report also covers the following areas:

Improvements in the power capacity of onboard AC chargers are likely to emerge as one of the primary drivers of the market. However, factors such as the growth of wireless charging infrastructure may threaten the growth of the market.

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Hybrid and Electric Vehicle On-Board Charger Market 2021-2025 : Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist hybrid and electric vehicle on-board charger market growth during the next five years
Estimation of the hybrid and electric vehicle on-board charger market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the hybrid and electric vehicle on-board charger market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of hybrid and electric vehicle on-board charger market vendors

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Hybrid And Electric Vehicle On-Board Charger Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 32.64%
Market growth 2021-2025	7434.41 th units
Market structure	Fragmented
YoY growth (%)	26.75
Regional analysis	APAC, Europe, North America, South America, and MEA
Performing market contribution	APAC at 45%
Key consumer countries	China, US, Norway, Germany, and Japan
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Bel Fuse Inc., Continental AG, DEFA AS, EVolve Electrics Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Innoelectric GmbH, Mitsubishi Corp., Panasonic Corp., and Stercom Power Solutions GmbH
Market Dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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