On-Board Charger Market Report 2026

On-Board Charger Market Overview

• On-Board Charger market size has reached to $5.87 billion in 2025 • Expected to grow to $13.23 billion in 2030 at a compound annual growth rate (CAGR) of 17.6% • Growth Driver: Investment Surge In Charging Infrastructure Drives On-Board Charger Market Growth • Market Trend: Innovative 20 Kw On-Board Chargers Redefining The Competitive Landscape In Electric Vehicle Technology • Asia-Pacific was the largest region in 2025.

What Is Covered Under On-Board Charger Market?

The on-board charger refers to a device or energy supply system that is built for the vehicle to charge the traction battery of an electric vehicle (EV) or hybrid electric vehicle (HEV). The primary purpose of an on-board charger (OBC) is to transfer and manage the flow of electricity from the power grid to the battery. This onboard charger (OBC) allows the battery to get recharged from the AC mains at home or from outlets found in private or public charging stations, which provides constant current or voltage charging. The main power outputs of the on-board charger include below 7.2 kw, 7.2 kw–15 kw, and above 15 kw. The below 7.2 kW on-board chargers refers to the charging output by the on-board charger of below 7.2KW. These types of chargers are the kinds of power that can be plugged to a car directly into a wall socket. The onboard chargers are sold and distributed through original equipment manufacturer (OEM) and aftermarket sales channels that are suitable for battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV).

What Is The On-Board Charger Market Growth Forecast?

The on-board charger market size is expected to see rapid growth in the next few years. It will grow to $13.23 billion in 2030 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to increasing EV penetration, development of ultra-fast charging solutions, integration with renewable energy sources, adoption in fleet and commercial EVs, enhancement of energy management and grid interaction. Major trends in the forecast period include development of high-efficiency on-board chargers, integration of smart charging solutions, expansion of ev charging infrastructure, implementation of ac/dc fast chargers, adoption of IoT-connected charging systems.

Global On-Board Charger Market Segmentation

1) By Power Output: Below 7.2 kW, 7.2 kW–15 kW, Above 15 kW 2) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket 3) By Vehicle Type: Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV) Subsegments: 1) By Below 7.2 kW: AC Chargers For Low-Power EVs, Level 1 Chargers (120V) 2) By 7.2 kW–15 kW: AC Chargers For Mid-Range EVs, Level 2 Chargers (240V) 3) By Above 15 kW: High-Power Chargers For Larger EVs, Level 3 Chargers (DC Fast Charging Capable)

What Is The Driver Of The On-Board Charger Market?

Rising investment in charging infrastructure is expected to propel the growth of the on-board charger market. Charging infrastructure refers to the network of charging stations and equipment designed for recharging electric vehicles, including plug-in electric vehicles (PEVs). Extensive and accessible charging infrastructure plays a pivotal role in boosting consumer confidence, promoting electric vehicle adoption, and increasing the demand for advanced on-board chargers. For instance, in June 2023, according to a report published by the National Renewable Energy Laboratory (NREL), a US-based research institution, a capital investment of $53–127 billion by 2030, including residential charging, will support 33 million PEVs, with $22-72 billion for accessible Level 1 and Level 2 charging ports. Therefore, rising investment in charging infrastructure will drive on-board charger industry growth.

Key Players In The Global On-Board Charger Market

Major companies operating in the on-board charger market are Delta Energy Systems Corp., Toyota Motor Corporation, Eaton Corporation, STMicroelectronics NV, Stercom Power Solutions GmbH, BorgWarner Inc., LG Electronics Ltd., BYD Co. Ltd., Tesla Corp., Bel Fuse Inc., BRUSA Elektronik AG, Siemens AG, Innolectric AG, Yazaki Corporation, Aptiv Global Operations Limited, HyundAI Mobis Co. Ltd., Mitsubishi Electric Corporation, Infineon Technologies AG, Hangzhou Aodi Electronic Control Co. Ltd., Leopold Kostal GmbH Co., Dilong Technology Co. Ltd., Schneider Electric SE

Global On-Board Charger Market Trends and Insights

Major companies in the on-board charger market are developing innovative products such as high-tech 20 kw chargers to gain a competitive advantage and enhance their product offerings. A 20 kW on-board charger is an advanced electrical component designed for commercial electric vehicles, offering full power output with single-phase input and the potential for bi-directional charging. For instance, in April 2023, Coulomb Solutions Inc. (CSI), a US-based electrification solution provider, unveiled a cutting-edge 20 kW on-board charger designed for commercial electric vehicles. This proprietary charger offers full power output using single-phase input, a unique feature compared to the three-phase standard in Europe and China. CSI's design is cost-effective and eliminates the need for multiple unit stacking or complex configurations, reducing high-voltage cabling and associated costs while minimizing the overall footprint and weight.

What Are Latest Mergers And Acquisitions In The On-Board Charger Market?

In June 2023, BorgWarner Inc., a U.S.-based provider of automotive propulsion systems and power electronics, acquired the electric hybrid systems business segment of Eldor Corporation for €75 million (approximately US $80 million). With this acquisition, BorgWarner aimed to strengthen its EV on-board charger (OBC) and high-voltage power electronics portfolio by adding compact 400 V and 800 V charging systems. Eldor Corporation is an Italy-based manufacturer of on-board chargers, DC/DC converters, and integrated high-voltage power electronics.

Regional Outlook

Asia-Pacific was the largest region in the on-board charger market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the On-Board Charger Market?

The on-board charger market consists of sales of one-phase, two-phase, and three-phase on-board chargers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the On-Board Charger Market Report 2026?

The on-board charger market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the on-board charger industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.