Top 6 Companies Leading the Global Electric Vehicle on Board Charger Market

The global electric vehicle on board charger market would likely grow at a CAGR of 18.4% during 2022-2027. On-board charging is an essential aspect of electric vehicles; it enables more flexibility to charge vehicles from readily available power points. 

The global electric vehicle on board charger is likely to be driven by increasing adoption and sales of electric vehicles, stringent pollution laws, advancements in battery technology, and improvements in charging infrastructure. There has been growing adoption of electric passenger vehicles in developed economies; fresh start-ups and key players in the EV domain seek to introduce newer electric models in the next few years. Designers are engaged in designing OBCs that are small, lightweight and more efficient. Asia, North America and Europe are likely to be key markets. 

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Top 6 Companies in the Global Electric Vehicle on Board Charger Market

Aptiv Global Operations Limited

Aptiv Global Operations Limited offers software-defined vehicles and seeks to resolve mobility related challenges in vehicle electrification, autonomous driving, advanced safety, and more. Specialties include Smart Vehicle Architecture, Autonomous Vehicles, Active Safety, Connected Cars, Connectivity and Security, Infotainment and User Experience, Engineered Components, and Electrical Distribution Systems

Borgwarner Inc.

Borgwarner Inc. supplies original equipment to key automotive OEMs in the world. The company is introducing successful electric innovations and advancing emission decreasing, fuel-efficient combustion technology. The company delivers sustainable and innovative mobility solutions for the vehicle market. 

Hyundai Mobis Co., Ltd.

Hyundai Mobis Co., Ltd. specializes in automotive technology and is a key international automotive parts supplier. The company also seeks to focus on developing software and system solutions for future mobility. Key focus areas include autonomous driving, electrification, and connectivity technology.

Eaton Corporation plc.

Eaton Corporation plc. is an intelligent power management company that seeks to enhance quality of life and protect the environment. Specialties include Ethics, Power Management, Sustainability, Manufacturing, Electrical, Aerospace, Automotive, Filtration, Hybrid Power, Truck, Plastic Extrusion, Industrial Clutches and Brakes, eMobility, and Energy Transition.

Mitsubishi Electric Corporation

Mitsubishi Electric Corporation is a leading company engaged in the production and sale of  electric and electronic equipment employed in Industrial Automation, Energy and Electric Systems, Electronic Devices, Information and Communication Systems, and Home Appliances. Specialties include Automotive Equipment, Air Conditioning Systems, Energy Systems, Elevators & Escalators, Public Systems, Factory Automation Systems, Transportation Systems, Space Systems, AI, Semiconductors & Devices, Eco, IoT, Digital, Innovation, Smart Building, and Sustainable.

Infineon Technologies AG

Infineon Technologies AG specializes in Energy Efficiency, Mobility, and Security. It offers a broad range of semiconductor products including MOSFETS, IGBTs, gate driver ICs, ASICs, HiRel, etc.