News
Expanding Market Opportunities for On-Board Chargers in the Electric Vehicle Industry
Introduction
The global market for On-Board Chargers (OBCs) is witnessing steady growth. By 2030, the market size is expected to reach US$8 billion, growing at a revenue CAGR of 19.0% during the forecast period. The increasing demand for electric vehicles (EVs) is a key driver for the demand in OBCs. This is due to the high cost of charging EVs at public charging stations, which has led to the demand for in-vehicle chargers. The rise in AC private and public charging stations worldwide is also contributing to the market expansion for OBCs.
Market Trends of On-Board Chargers (OBCs)
Passenger Cars Lead the Market
Electric passenger vehicles are gaining popularity worldwide, with a global penetration rate of 9%. In Europe, electric passenger car registrations experienced significant growth in 2020, accounting for 6% of total new car registrations. The passenger car segment dominated the OBC market with a market share of over 35.0% in 2020[1]. The demand for in-vehicle chargers is expected to increase as the sales of electric passenger cars grow. Furthermore, the buses category is expected to witness the fastest growth during the forecast period, driven by the increasing sales of zero-emission buses internationally.
Market Segmentation
The market for OBCs can be segmented based on various factors:
- Rated power classification:
- 3.3kW Below
- 3.3kW-11kW
- 11kW Above
- Power classification:
- Battery Electric Vehicles (BEVs)
- Plug-in Hybrid Electric Vehicles (PHEVs)
- Vehicle types:
- Passenger Cars
- Buses
- Trucks
- Medium & Heavy-Duty Vehicles
- Vessels
- Others
- Market area:
- North America (United States, Canada, Mexico)
- Asia-Pacific (China, Japan, Korea, India, Australia, ASEAN, and rest of the Asia-Pacific region)
- Europe (United Kingdom, Germany, France, Italy, Spain, the Lubumbashi Economic Union, and rest of Europe)
- South America (Brazil, Argentina, and rest of South America)
- Middle East and Africa (Turkey, UAE, Saudi Arabia, South Africa, rest of Middle East, and Africa)
Policy Strategic Development
Governments around the world are implementing green mobility plans to promote electric vehicles. Several countries have plans to ban diesel vehicles and offer incentives for the purchase of electric vehicles. For example:
- Britain plans to ban the sale of all gasoline and diesel engine cars by 2040.
- India plans to ban all diesel-engined cars from the road by 2030.
- Norway aims to make every new car a zero-emission vehicle by 2025.
- California plans to make half of all heavy-duty trucks sold in the state electric by 2035 and replace diesel-powered trucks with zero-emission vehicles by 2045.
Choosing the Right On-Board Charger (OBC)
To select the appropriate OBC, consider the battery parameters, required voltage, current, and heat dissipation method. Elecpeek offers two popular OBC models that meet market and customer demand:
3.3kW On-Board Charger (OBC)
- Designed for lithium pure electric A+ class passenger cars, electric motorcycles, golf carts, electric tricycles, and four-wheelers.
- Features full digital control technology, flexible and intelligent control, and robust protection characteristics.
- Offers high stability, conversion efficiency of over 95%, and IP67 protection level.
- Suitable for various charging application scenarios in new energy vehicles.
20kW Liquid-cooled On-Board Charger (OBC)
- Developed for high-power, water-cooled applications in wheeled armored vehicles, emergency rescue vehicles, radio special vehicles, and special delivery vehicles.
- Incorporates full digital control technology, advanced protection features, and high-performance SiC-IGBT devices.
- Provides stability, high efficiency, and a rated power of 20kW (peak power >30kW).
- Offers IP67 protection level and high environmental adaptability.
Choose Elecpeek for Customized On-Board Charger
The expanding market for On-Board Chargers presents significant opportunities in the electric vehicle industry. With the growing sales of electric vehicles and the implementation of supportive government policies, the demand for OBCs is set to increase. By considering the specific requirements of your project, Elecpeek can provide customized OBC solutions tailored to your needs.
How Elecpeek Can Help
At Elecpeek, we understand the unique charging needs of the electric vehicle industry. Our team of experts specializes in developing high-quality On-Board Chargers that meet industry standards and customer requirements. By choosing Elecpeek, you can benefit from:
- Customization: We offer tailor-made OBC solutions to meet the specific needs of your project. Whether you require a 3.3kW charger for passenger cars or a 20kW liquid-cooled charger for high-power applications, we can design and deliver the right solution for you.
- Cutting-edge Technology: Our chargers incorporate advanced digital control technology and robust protection features. With high conversion efficiency, stability, and environmental adaptability, Elecpeek chargers ensure optimal performance for your electric vehicles.
- Reliability: We prioritize quality and reliability in our OBC solutions. Our chargers undergo rigorous testing to ensure they meet the highest industry standards. With IP67 protection level and optimal durability, our chargers are built to withstand demanding usage conditions.
- Exceptional Customer Support: At Elecpeek, we believe in providing excellent customer service. Our team of professionals is dedicated to assisting you throughout the process, from initial consultation to final delivery. We work closely with our customers to understand their specific needs and offer ongoing support and assistance.
Take the Next Step
To benefit from Elecpeek’s expertise and customized On-Board Charger solutions, contact us today. Our team will be happy to discuss your project requirements and provide the right charging solution for your electric vehicles. Let us partner with you to power the future of sustainable transportation. We’re available on [email protected].