North America On-Board Charger Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheelers, and Others), By Application (Electric Vehicles, Hybrid Electric Vehicles, and Others), and North America On-Board Charger Market Insights, Industry Trend, Forecasts to 2035

North America On-Board Charger Market Insights Forecasts to 2035

• The North America On-Board Charger Market Size Was Estimated at USD 3.12 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 10.61% from 2025 to 2035
• The North America On-Board Charger Market Size is Expected to Reach USD 10.95 Billion by 2035

According to a Research Report Published by Spherical Insights & Consulting, The North America On-Board Charger Market Size is anticipated to reach USD 10.95 Billion by 2035, Growing at a CAGR of 10.61% from 2025 to 2035. The primary drivers of the market are rising EV adoption, government incentives, technological advancements in charging systems, commercial vehicle electrification, and growing demand for high-power chargers.

Market Overview

The North American on-board charger (OBC) Market Size refers to electrical systems built into electric and plug-in hybrid vehicles that convert grid-supplied AC power to DC power for battery charging, assuring safe, efficient, and optimum energy flow while safeguarding battery health. As electric vehicles become more popular and governments push for cleaner transportation alternatives, the demand for efficient, high-performance on-board chargers grows constantly.  On-board charger development is heavily influenced by technological breakthroughs.  The market is seeing advancements in charging speed, efficiency, and compactness as fast-charging capabilities and high-voltage systems are introduced, allowing users to cut charging times.  Furthermore, the incorporation of smart charging technologies, such as charging scheduling and remote monitoring, improves the consumer experience while also contributing to market growth. Furthermore, the rising usage of renewable energy sources and the push for grid integration are opening up fresh opportunities for on-board charger innovation, notably in terms of vehicle-to-grid (V2G) capabilities and the ability to employ electric vehicles as mobile energy storage systems. North America dominates the market, owing to significant government incentives for EV adoption and well-established EV manufacturing businesses. As the demand for electric vehicles grows, the market is poised for further expansion, boosted by technological advancements and rising customer demand for quick, effective, and dependable charging options.BorgWarner announced that it had reached a supply agreement with a major North American OEM to provide its bi-directional 800V On-Board Charger (OBC). The system uses silicon carbide (SiC) power switches to increase efficiency, reduce energy losses, and allow for faster charging. Importantly, the OBC is bidirectional, which means it supports both vehicle-to-grid (V2G) and vehicle-to-load (V2L) applications, allowing EVs to send electricity back to the grid or external devices.

Report Coverage

This research report categorises the market for the North America on-board charger market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America on-board charger market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America on-board charger market.

Driving Factors

The North American On-board Charger Market Size is being driven by a number of interconnected factors, beginning with the rapid adoption of battery electric vehicles and plug-in hybrid electric vehicles, with passenger cars leading the way, but commercial fleets such as delivery vans, buses, and trucks are increasingly electrifying. High-power chargers above 22 kW, silicon carbide power switches for increased efficiency, and bi-directional OBDCs providing vehicle-to-grid and vehicle-to-load capabilities are altering the charging environment. Simultaneously, the growth of EV charging networks and the standardization of factory-installed OBCS enable broad accessibility. Commercial vehicle electrification is encouraging the adoption of medium- and high-power OBDCs. While changing consumer expectations for quicker, smarter, and more convenient charging options drive manufacturers to incorporate features like load balancing, diagnostics, and adaptive charging, this boosts the market growth.

Restraining Factors

The North America On-Board Charger Market Size faces key restraints such as high costs of advanced OBDCs, limited charging infrastructure, technical challenges with high-voltage systems, supply chain disruptions, and consumer concerns about charging speed and compatibility.

Market segmentation

The North America on-board charger market share is classified into vehicle type and application.

• The passenger vehicles segment held a substantial share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

The North America On-Board Charger Market Size is divided by vehicle type into passenger vehicles, commercial vehicles, two-wheelers, and others. Among these, the passenger vehicles segment held a substantial share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment is driven by the widespread use of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) by customers. Major manufacturers like Tesla, GM, Ford, and Stellantis are at the vanguard of this industry, leveraging strong government subsidies and improving charging infrastructure to drive growth.

• The electric vehicles segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR over the forecast period.

The North America On-Board Charger Market Size is segmented by application into electric vehicles, hybrid electric vehicles, and others. Among these, the electric vehicles segment dominated the market in 2024 and is anticipated to grow at a substantial CAGR over the forecast period. This is the leading segment, driven by rising customer adoption, supportive government incentives, and the expansion of charging infrastructure, with leading OEMs such as Tesla, GM, Ford, and Rivian pushing impetus. This segment benefits greatly from advances in high-power and bidirectional OBC technologies, which improve charging speed, efficiency, and energy integration. Additionally, modern OBC systems are extensively relied upon to efficiently convert AC grid power into DC for battery charging.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within North America on-board charger market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BorgWarner
• Eaton
• Bel Power Solutions
• Delta Electronics
• Infineon Technologies
• STMicroelectronics
• Texas Instruments
• Brusa Elektronik
• Ficosa
• Others

Recent Developments:

• In April 2023, Coulomb Solutions Inc. (CSI) launched a 20 kW on-board charger (OBC) designed for North American commercial electric vehicles. The charger is distinguished by its ability to deliver full output power from a single-phase input, providing 20 kW charging capacity without requiring a three-phase system.

• In October 2024, Hyundai Mobis announced plans to begin mass production of a new Integrated Charging Control Unit (ICCU) by the end of 2025. The ICCU supports 22 kW charging and Vehicle-to-Load (V2L) functionality, effectively doubling AC charging speed from 11 kW to 22 kW to meet growing consumer demand for faster charging.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America on-board charger market based on the below-mentioned segments:

North America On-Board Charger Market, By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles
• Two-Wheelers
• Others

North America On-Board Charger Market, By Application

• Electric Vehicles
• Hybrid Electric Vehicles
• Others