[English Market Research Report] Onboard Charger Market for Electric Vehicles

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The global market for onboard chargers for electric vehicles has shown decent growth over the past few years, and high growth rates are expected during the forecast period of 2023E-2028F. Indeed, the evolution of automotive engine propulsion technologies from coal-powered engines to gasoline engines and now to electric engines has had a significant impact on the economy. Ultimately, this evolution has strengthened the operational capabilities of the automotive sector through greater safety measures, connectivity, cost reduction, and consumer convenience. The global automotive sector is undergoing significant changes due to shifts in consumer behavior and stricter environmental requirements. As the depletion of natural resources, particularly fossil fuels, accelerates, there is an increasing need for alternative energy to reduce dependence on fossil fuels for transportation. Governments, environmental organizations, and automakers have responded by developing alternative fuel vehicles. As a result, consumers have welcomed electric vehicles (EVs), which emerged as a special solution, as an alternative option.

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