Future Market Studies | Trends, Insights and Research

The future of on-board charger market is witnessing unprecedented growth as electric vehicles (EVs) gain traction worldwide. According to MarkNtel Advisors , the global on-board charger (OBC) market is projected to expand at a CAGR of 16.5% between 2025 and 2030 , driven by technological advancements, government incentives, and rising EV adoption. On-Board Charger Market Overview The on-board charger is a critical component of EVs, responsible for converting AC power from the grid into DC power for the battery. With the growing push towards clean energy and sustainable transportation, the demand for high-efficiency, fast-charging OBCs is on the rise. The future of on-board charger market is being shaped by several key factors: Rising EV Adoption: Global EV sales are accelerating, with BEVs dominating over plug-in hybrids. The increasing EV fleet directly drives the demand for OBCs. Advanced Charging Technologies: Innovations like silicon carbide (Si...

 The future of the Automotive V2X market is set to revolutionize vehicle safety, connectivity, and mobility. According to MarkNtel Advisors , the global Automotive V2X market is expected to grow from USD 0.74 billion in 2024 to USD 11.5 billion by 2030 , at a CAGR of 48% . V2X (Vehicle-to-Everything) technologies enable real-time communication between vehicles, infrastructure, pedestrians, and networks, creating a safer and more efficient transportation ecosystem. Key Drivers Shaping the Future of Automotive V2X 1. Regulatory Push and Road Safety Governments worldwide are implementing strict regulations to reduce road accidents. V2X solutions help vehicles communicate with each other and traffic infrastructure, enhancing safety. This is a major factor driving the future of the Automotive V2X market . 2. Autonomous and Electric Vehicle Integration Autonomous and electric vehicles increasingly rely on V2X for situational awareness and energy management. This accelerates adoptio...