The Europe electric vehicle on-board charger market is evaluated to project a CAGR of 20.41% in terms of revenue and 21.89% in terms of volume during the forecasted years of 2021 to 2028. The market growth of the region is facilitated by factors such as government initiatives over tax benefits, increased inclination towards clean energy solutions, development of charging infrastructure, and the rapid evolution of the European automobile industry.
EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET FORECAST 2021-2028
Europe Electric Vehicle on-board Charger Market by Power Output (Less Than 10 KW, 10 KW to 20 KW, More Than 20 KW) Market by Propulsion Type (Battery Electric Vehicle, Plug-in Hybrid) Market by Vehicle Type (Electric Passenger Car, Electric Buses, Electric Vans, Electric Medium Duty Vehicles, Electric Heavy Duty Vehicles, Electric Agriculture Tractors, Electric Construction Equipment, Electric Mining Vehicles, Electric & Hybrid Boats/ships) and by Geography
The Europe electric vehicle on-board charger market is evaluated to project a CAGR of 20.41% in terms of revenue and 21.89% in terms of volume during the forecasted years of 2021 to 2028. The market growth of the region is facilitated by factors such as government initiatives over tax benefits, increased inclination towards clean energy solutions, development of charging infrastructure, and the rapid evolution of the European automobile industry.
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The Europe electric vehicle on-board charger market growth assessment includes the analysis of Sweden, the Netherlands, France, Norway, Germany, Austria, the United Kingdom, and the rest of Europe. The United Kingdom’s technological demography is well-equipped with high-end connectivity devices capable of performing multiple functions within a market system. Moreover, in 2018, the country’s population accounted for more than 66 million, and this number is estimated to increase to over 70 million by 2028. The United Kingdom’s urban population is set to rise to 60% in 2028, from 55% in 2017, thereby directly increasing the pressure on the country’s existing transport system.
Conversely, Germany harbors premium passenger car manufacturers, including BMW, Audi, Mercedes Benz, and others. The nation is also acknowledged for its thriving automotive industry as well as excellence in terms of engineering. Furthermore, German cars are greatly celebrated globally, especially for their design, safety, reliability, and innovation. Hence, these factors are expected to influence the Europe electric vehicle on-board charger market over the forecasting period.
Ficosa Internacional SA, headquartered in Spain, is a multinational company dedicated to the manufacture, as well as the research and development of automotive parts and systems. In addition, the firm’s business segments include ADAS, command & control, e-mobility, rearview systems, advanced communication systems, systems for doors and seats, underhood, and industrial vehicles.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- PARENT MARKET ANALYSIS: ELECTRIC VEHICLE
- KEY DRIVERS
- GROWING SALES OF ELECTRIC VEHICLES
- GOVERNMENT INCENTIVES AND PROMOTIONS FOR ELECTRIC VEHICLE INDUSTRY
- HIGH COST OF FAST CHARGING SYSTEMS
- KEY RESTRAINTS
- LACK OF STANDARDIZATION OF EV CHARGING
- INCREASED INSTALLATION OF DC FAST CHARGERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ELECTRIC VEHICLE ON-BOARD CHARGER MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- MARKET BY POWER OUTPUT (VALUE IN $ MILLION)
- LESS THAN 10 KW
- 10 KW TO 20 KW
- MORE THAN 20 KW
- MARKET BY PROPULSION TYPE (VALUE IN $ MILLION)
- BATTERY ELECTRIC VEHICLE (BEV)
- PLUG-IN HYBRID (PHEV)
- MARKET BY VEHICLE TYPE (VALUE IN $ MILLION)
- ELECTRIC PASSENGER CAR
- ELECTRIC BUSES
- ELECTRIC VANS
- ELECTRIC MEDIUM DUTY VEHICLES
- ELECTRIC HEAVY DUTY VEHICLES
- ELECTRIC AGRICULTURE TRACTORS
- ELECTRIC CONSTRUCTION EQUIPMENT
- ELECTRIC MINING VEHICLES
- ELECTRIC & HYBRID BOATS/SHIPS
- GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND UNITS)
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- NORWAY
- NETHERLANDS
- SWEDEN
- AUSTRIA
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIP & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- AVID TECHNOLOGY LIMITED
- BEL POWER SOLUTION
- BORG WARNER
- BRUSA ELEKTRONIK AG
- CURRENT WAYS INC
- EATON
- FICOSA INTERNACIONAL SA
- HANGZHOU AODI ELECTRONIC CONTROL CO LTD
- INNOELECTRIC GMBH
- LEOPOLD KOSTAL
- SHINRY TECHNOLOGIES
- STERCOM POWER SOLUTIONS GMBH
- TDK CORPORATION
- TOYOTA INDUSTRIES CORPORATION
- XEPICS ITALIA SRL
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ELECTRIC VEHICLE ON-BOARD CHARGER
TABLE 2: COUNTRY-WISE PHASE-OUT PLANS FOR ICE VEHICLES
TABLE 3: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY POWER OUTPUT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 4: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY POWER OUTPUT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 5: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY PROPULSION TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 6: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY PROPULSION TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 7: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VEHICLE TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 8: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY VEHICLE TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 9: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 10: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 11: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN THOUSAND UNITS)
TABLE 12: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN THOUSAND UNITS)
TABLE 13: LIST OF MERGERS & ACQUISITIONS
TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 16: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: LITHIUM-ION BATTERY PRICE PER KWH (2010-2019)
FIGURE 2: KEY MARKET TRENDS
FIGURE 3: PORTER’S FIVE FORCES ANALYSIS
FIGURE 4: OPPORTUNITY MATRIX
FIGURE 5: VENDOR LANDSCAPE
FIGURE 6: VALUE CHAIN ANALYSIS
FIGURE 7: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, GROWTH POTENTIAL, BY POWER OUTPUT, IN 2020
FIGURE 8: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY LESS THAN 10 KW, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY 10 KW TO 20 KW, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY MORE THAN 20 KW, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, GROWTH POTENTIAL, BY PROPULSION TYPE, IN 2020
FIGURE 12: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY BATTERY ELECTRIC VEHICLE (BEV), 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY PLUG-IN HYBRID (PHEV), 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, GROWTH POTENTIAL, BY VEHICLE TYPE, IN 2020
FIGURE 15: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC PASSENGER CAR, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC BUSES, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC VANS, 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC MEDIUM DUTY VEHICLES, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC HEAVY DUTY VEHICLES, 2021-2028 (IN $ MILLION)
FIGURE 20: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC AGRICULTURE TRACTORS, 2021-2028 (IN $ MILLION)
FIGURE 21: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC CONSTRUCTION EQUIPMENT, 2021-2028 (IN $ MILLION)
FIGURE 22: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC MINING VEHICLES, 2021-2028 (IN $ MILLION)
FIGURE 23: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, BY ELECTRIC & HYBRID BOATS/SHIPS, 2021-2028 (IN $ MILLION)
FIGURE 24: EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 25: UNITED KINGDOM ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: GERMANY ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: FRANCE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: NORWAY ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 29: NETHERLANDS ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 30: SWEDEN ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 31: AUSTRIA ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
FIGURE 32: REST OF EUROPE ELECTRIC VEHICLE ON-BOARD CHARGER MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND UNITS)
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- NORWAY
- NETHERLANDS
- SWEDEN
- AUSTRIA
- REST OF EUROPE
- EUROPE
- MARKET BY POWER OUTPUT (VALUE IN $ MILLION)
- LESS THAN 10 KW
- 10 KW TO 20 KW
- MORE THAN 20 KW
- MARKET BY PROPULSION TYPE (VALUE IN $ MILLION)
- BATTERY ELECTRIC VEHICLE (BEV)
- PLUG-IN HYBRID (PHEV)
- MARKET BY VEHICLE TYPE (VALUE IN $ MILLION)
- ELECTRIC PASSENGER CAR
- ELECTRIC BUSES
- ELECTRIC VANS
- ELECTRIC MEDIUM DUTY VEHICLES
- ELECTRIC HEAVY DUTY VEHICLES
- ELECTRIC AGRICULTURE TRACTORS
- ELECTRIC CONSTRUCTION EQUIPMENT
- ELECTRIC MINING VEHICLES
- ELECTRIC & HYBRID BOATS/SHIPS
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