Global Battery Chargers Market 2024-2028
The battery chargers market is forecasted to grow by USD 17386.25 mn during 2023-2028, accelerating at a CAGR of 9.44% during the forecast period. The report on the battery chargers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of electric vehicles, marine battery chargers gaining traction, and growing number of launches of battery chargers.
Technavio's battery chargers market is segmented as below:
By Application
- Electronic products
- Vehicles (EV)
- Industrial machinery
- Others
By Type
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rising demand for automatic battery chargers as one of the prime reasons driving the battery chargers market growth during the next few years. Also, high availability of battery chargers on online channel and increasing focus of vendors focused on expanding business will lead to sizable demand in the market.
The report on the battery chargers market covers the following areas:
- Battery charger's market sizing
- Battery chargers market forecast
- Battery chargers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading battery chargers market vendors that include Alexander Battery Technologies, CHILWEE GROUP Co., CTEK Sweden AB, EnerSys, Enertechups, Exide Technologies, FSP Group, GERMAREL GmbH, La Marche Manufacturing Co., LG Electronics Inc., Micropower Group AB, Motor Applications Corp., POWERTRON India PVT. LTD, Pro Charging Systems, RB Solar Energy, Robert Bosch GmbH, Samlex Europe B.V., Samsung Electronics Co. Ltd., Schumacher Electric Corp., Shenzhen Depowersupply Electrical Co., Ltd., ShenZhen QuawinTEC Technology Co., Ltd. , Stanley Black and Decker Inc., The Brookwood Group, The NOCO Co., Volt Control System, and VTEK ELECTRIC ITH. Also, the battery chargers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.