How big is the Onboard Charger Market | Manufacturers With official Website 2025

Code: MTA8502 Publication Date: Sep 2025

What is the size of Onboard Charger Market?

According to 6Wresearch internal database and industry insights, the Onboard Charger Market was valued at USD 3.2 Billion in 2024 and is anticipated to reach USD 5 Billion by 2031, registering a CAGR of 5.30% during 2025–2031.

The key factors behind this growth are the increasing adoption of electric vehicles, advancements in battery technologies that make charging faster, and demand for effective onboard charging systems that allow for greater driving range and reduce charging time for users.

Growth Factors for Onboard Charger Market

  • More electric and hybrid vehicles are being adopted in automotive markets.
  • There are going to be better high-power charging infrastructure, and mandates are going to require higher demand.
  • There is going to be greater demand for energy-efficient, and lighter vehicle charging.
  • There are going to be more government initiatives around electric mobility adoption.
  • More innovations around smart and bi-directional charging capabilities.

Onboard Charger Market Trends

The onboard charger market trends show a clear outlook for higher-capacity chargers, compatibility with multiple charging standards, and improved connectivity to smart grids. There is a growing interest by manufacturers to develop smaller, lighter, and higher-density chargers. Suppliers will have to balance the needs of automakers.

There is also movement toward programs that enable bidirectional charging, allowing vehicles to feed electricity back to the grid or homes. As the desire to harness renewable energy continues to evolve, we are seeing charger developments with renewable energy integration, specifically chargers that can efficiently integrate with solar and wind power systems. 

Emerging Developments in the Onboard Charger Market

The onboard charger market shows rapid development in silicon carbide (SiC) and gallium nitride (GaN) semiconductor technologies, which have improved energy efficiency and less wasted energy in heat. A few manufacturers are developing multi-voltage platforms, which support multiple battery configurations AND faster charging.

Collaborative partnerships between automotive OEMs and charging technology manufacturers have also grown to optimize supply chain costs and improve performance. High-end safety features, such as integrated thermal management, will become baseline. Subscription-based solution development for charging software technologies is emerging, for predictive maintenance and insights around the real-time performance of onboard charging systems.

List of Leading Companies in the Onboard Charger Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Delta Electronics, Inc.

Company NameDelta Electronics, Inc.
Establishment Year1971
HeadquarterTaipei, Taiwan
Official WebsiteClick here

Delta Electronics develops high-efficiency onboard chargers for electric vehicles, integrating compact design, thermal management, and advanced charging control systems for enhanced EV performance.

2. LG Electronics

Company NameLG Electronics
Establishment Year1958
HeadquarterSeoul, South Korea
Official WebsiteClick here

LG Electronics provides innovative onboard chargers with intelligent power conversion and energy efficiency features, supporting rapid and reliable EV battery charging.

3. BYD Company Limited

Company NameBYD Company Limited
Establishment Year1995
HeadquarterShenzhen, China
Official WebsiteClick here

BYD designs and manufactures onboard chargers for its electric vehicle lineup, ensuring compatibility, fast charging, and optimized battery health management.

4. BRUSA Elektronik AG

Company NameBRUSA Elektronik AG
Establishment Year1985
HeadquarterSennwald, Switzerland
Official WebsiteClick here

BRUSA produces advanced onboard charging systems for electric and hybrid vehicles, focusing on lightweight design, high efficiency, and global charging standard compliance.

5. Innolectric AG

Company NameInnolectric AG
Establishment Year2016
HeadquarterBochum, Germany
Official WebsiteClick here

Innolectric offers onboard chargers with bidirectional charging capability, enabling vehicle-to-grid applications and efficient integration into smart energy ecosystems.

6. Ficosa International S.A.

Company NameFicosa International S.A.
Establishment Year1949
HeadquarterBarcelona, Spain
Official WebsiteClick here

Ficosa manufactures onboard chargers for electric and plug-in hybrid vehicles, emphasizing reliability, compactness, and integration with other vehicle electronic systems.

7. Kongsberg Gruppen (Kongsberg Automotive)

Company NameKongsberg Gruppen (Kongsberg Automotive)
Establishment Year1957
HeadquarterKongsberg, Norway
Official WebsiteClick here

Kongsberg Automotive develops onboard chargers designed for durability and performance, supporting diverse charging voltages and global EV market demands.

8. STMicroelectronics N.V.

Company NameSTMicroelectronics N.V.
Establishment Year1987
HeadquarterGeneva, Switzerland
Official WebsiteClick here

STMicroelectronics supplies semiconductor solutions for onboard chargers, enabling efficient power conversion, charging speed optimization, and safety compliance in electric vehicles.

9. Panasonic Holdings Corporation

Company NamePanasonic Holdings Corporation
Establishment Year1918
HeadquarterOsaka, Japan
Official WebsiteClick here

Panasonic manufactures onboard chargers for EVs with advanced thermal management, compact architecture, and compatibility with various charging protocols.

10. Schneider Electric SE

Company NameSchneider Electric SE
Establishment Year1836
HeadquarterRueil-Malmaison, France
Official WebsiteClick here

Schneider Electric offers onboard charging solutions integrating smart energy management, high efficiency, and compatibility with renewable energy sources.

How big is the Onboard Charger Market 2025: FAQs

The Onboard Charger Market is projected to surpass USD 5 Billion by 2031.
North America and Europe lead the market, supported by strong electric vehicle adoption and advanced charging infrastructure.
Trends in the Onboard Charger Market include multi-voltage compatibility, renewable energy integration, compact designs, and bidirectional charging capabilities.
The major players in the Onboard Charger Market are Delta Electronics, Nichicon Corporation, BRUSA Elektronik AG, and Bel Power Solutions.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All