Market Overview:
The global truck on-board charger CPU market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles, rising concerns over environment pollution, and government initiatives towards promoting electric vehicles. Based on type, the global truck on-board charger CPU market is segmented into 3.0 - 3.7 kw, higher than 3.7 kw, and lower than 3.0 kw segments.
Product Definition:
A truck on-board charger CPU is a computer that controls the charging of batteries in electric trucks. It is important because it ensures that the batteries are charged safely and efficiently.
3.0 - 3.7 kw:
On-board chargers are used to charge the battery while the vehicle is being driven. The on-board charger in electric vehicles uses an AC source to convert the DC electricity supplied by a battery into an AC signal, which is then sent to the battery for charging.
The 3 - 7 kw range of On-Board chargers CPU market size was valued at USD 5,15 billion in 2018.
Higher than 3.7 kw:
The higher than 3.7 kw segment is expected to grow at a CAGR of XX% from 2018 to 2025 owing to the increasing demand for Electric Vehicles (EVs) and plug-in hybrid electric vehicles in the global market. The growth can be attributed to government initiatives, technological advancements, and environmental regulations that are propelling EV sales globally.
The on-board charger CPU market was valued at USD 2,15o million in 2016.
Application Insights:
Based on application, the market has been segmented into electric vehicles (EV), plug-in hybrid electric vehicles (PHEV) and diesel-electric hybrid vehicles. The EV segment dominated the global on-board charger CPU market in 2017 owing to increasing government subsidies for EVs and growing demand for zero emission commercial trucks. In addition, favorable government regulations regarding the installation of charging stations at hotels and rest areas are expected to drive demand over the forecast period.
The PHEV segment is expected to witness significant growth over the forecast period owing to rising sales of Toyota¢â‚¬â„¢s Prius Plug-in Hybrid Vehicle since 2016 as well as Ford¢â‚¬â„¢s Fusion Energi since its launch in 2018.
Regional Analysis:
The North American regional market dominated the global truck on-board charger CPU market in terms of revenue share in 2017. The growth can be attributed to increasing demand for electric trucks from major companies such as Tesla, Inc., Ford Motor Company and Cummins. These companies are focusing on developing electric trucks with superior performance, which is expected to drive the demand for OBCs over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising government initiatives across countries such as China and India that support adoption of Electric Vehicles (EVs). For instance, China has implemented various policies that favor production and sales of EVs including tax benefits, low interest rates and special subsidies aimed at encouraging consumers towards EV purchase. Such government initiatives are expected to boost product demand in APAC region during the forecast period.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for truck on-board chargers, as they are used to charge these vehicles.
- Government initiatives and regulations supporting electric vehicle adoption: Governments around the world are promoting the adoption of electric vehicles through various initiatives and regulations. This is expected to drive the growth of the truck on-board charger CPU market during the forecast period.
- Development of advanced charging technologies: The development of advanced charging technologies, such as wireless charging, is expected to fuel the growth ofthe truck on-board charger CPU market duringthe forecastperiod .This will help reduce installation time and improve convenience for drivers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck On-board Charger CPU Market Research Report
By Type
3.0 - 3.7 kw, Higher than 3.7 kw, Lower than 3.0 kw
By Application
EV, PHEV
By Companies
BYD, Nichicon, Tesla, Infineon, Panasonic, Aptiv, LG, Lear, Dilong Technology, Kongsberg, Kenergy, Wanma, IES, Anghua, Lester, Tonhe Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Truck On-board Charger CPU Market Report Segments:
The global Truck On-board Charger CPU market is segmented on the basis of:
Types
3.0 - 3.7 kw, Higher than 3.7 kw, Lower than 3.0 kw
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EV, PHEV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BYD
- Nichicon
- Tesla
- Infineon
- Panasonic
- Aptiv
- LG
- Lear
- Dilong Technology
- Kongsberg
- Kenergy
- Wanma
- IES
- Anghua
- Lester
- Tonhe Technology
Highlights of The Truck On-board Charger CPU Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 3.0 - 3.7 kw
- Higher than 3.7 kw
- Lower than 3.0 kw
- By Application:
- EV
- PHEV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Truck On-board Charger CPU Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A truck on-board charger CPU is a small computer that manages the charging process for electric vehicles. It coordinates with the vehicle's battery, and communicates with an external power source to ensure a continuous flow of electricity.
Some of the key players operating in the truck on-board charger cpu market are BYD, Nichicon, Tesla, Infineon, Panasonic, Aptiv, LG, Lear, Dilong Technology, Kongsberg, Kenergy, Wanma, IES, Anghua, Lester, Tonhe Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Truck On-board Charger CPU Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Truck On-board Charger CPU Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Truck On-board Charger CPU Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Truck On-board Charger CPU Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Truck On-board Charger CPU Market Size & Forecast, 2018-2028 4.5.1 Truck On-board Charger CPU Market Size and Y-o-Y Growth 4.5.2 Truck On-board Charger CPU Market Absolute $ Opportunity
Chapter 5 Global Truck On-board Charger CPU Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Truck On-board Charger CPU Market Size Forecast by Type
5.2.1 3.0 - 3.7 kw
5.2.2 Higher than 3.7 kw
5.2.3 Lower than 3.0 kw
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Truck On-board Charger CPU Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Truck On-board Charger CPU Market Size Forecast by Applications
6.2.1 EV
6.2.2 PHEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck On-board Charger CPU Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Truck On-board Charger CPU Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Truck On-board Charger CPU Analysis and Forecast
9.1 Introduction
9.2 North America Truck On-board Charger CPU Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Truck On-board Charger CPU Market Size Forecast by Type
9.6.1 3.0 - 3.7 kw
9.6.2 Higher than 3.7 kw
9.6.3 Lower than 3.0 kw
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Truck On-board Charger CPU Market Size Forecast by Applications
9.10.1 EV
9.10.2 PHEV
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Truck On-board Charger CPU Analysis and Forecast
10.1 Introduction
10.2 Europe Truck On-board Charger CPU Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Truck On-board Charger CPU Market Size Forecast by Type
10.6.1 3.0 - 3.7 kw
10.6.2 Higher than 3.7 kw
10.6.3 Lower than 3.0 kw
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Truck On-board Charger CPU Market Size Forecast by Applications
10.10.1 EV
10.10.2 PHEV
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Truck On-board Charger CPU Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Truck On-board Charger CPU Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Truck On-board Charger CPU Market Size Forecast by Type
11.6.1 3.0 - 3.7 kw
11.6.2 Higher than 3.7 kw
11.6.3 Lower than 3.0 kw
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Truck On-board Charger CPU Market Size Forecast by Applications
11.10.1 EV
11.10.2 PHEV
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Truck On-board Charger CPU Analysis and Forecast
12.1 Introduction
12.2 Latin America Truck On-board Charger CPU Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Truck On-board Charger CPU Market Size Forecast by Type
12.6.1 3.0 - 3.7 kw
12.6.2 Higher than 3.7 kw
12.6.3 Lower than 3.0 kw
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Truck On-board Charger CPU Market Size Forecast by Applications
12.10.1 EV
12.10.2 PHEV
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Truck On-board Charger CPU Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Truck On-board Charger CPU Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Truck On-board Charger CPU Market Size Forecast by Type
13.6.1 3.0 - 3.7 kw
13.6.2 Higher than 3.7 kw
13.6.3 Lower than 3.0 kw
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Truck On-board Charger CPU Market Size Forecast by Applications
13.10.1 EV
13.10.2 PHEV
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Truck On-board Charger CPU Market: Competitive Dashboard
14.2 Global Truck On-board Charger CPU Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BYD
14.3.2 Nichicon
14.3.3 Tesla
14.3.4 Infineon
14.3.5 Panasonic
14.3.6 Aptiv
14.3.7 LG
14.3.8 Lear
14.3.9 Dilong Technology
14.3.10 Kongsberg
14.3.11 Kenergy
14.3.12 Wanma
14.3.13 IES
14.3.14 Anghua
14.3.15 Lester
14.3.16 Tonhe Technology