Report Overview
The On-Board Charging Converter Devices Market refers to the segment of the automotive industry that deals with AC/DC converters installed within electric vehicles (EVs) and hybrid electric vehicles (HEVs). These devices enable the conversion of AC power from external charging sources into DC power to charge vehicle batteries efficiently. On-board charging converters are crucial for ensuring safe and rapid energy transfer, facilitating improved vehicle range, and supporting the growing infrastructure of electric mobility. These devices are widely used in passenger cars, commercial vehicles, and construction machinery, driving innovation in power electronics and vehicle electrification.
Market Shares
The global On-Board Charging Converter Devices Market was valued at USD 8,500 million in 2024 and is expected to grow at a CAGR of 27.50%, reaching USD 59,360.89 million by 2032. North America accounted for USD 3,382.06 million in 2024, with a projected CAGR of 23.57% from 2025 to 2032.
Key Company
Infineon Delta Electronics TDK Corporation
Delphi Continental
XP Power
Toyota Industries
Market Segmentation (by Application)
Car
Truck
Commercial Vehicles
Others
Market Segmentation (by Type)
AC/DC Converter
DC-DC Converter
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Colombia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
