The global battery charger market size reached US$ 25.8 billion in 2023. The market is projected to reach US$ 38.6 billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2023-2032.
A battery charger is a device which is used for transferring energy into a rechargeable battery by passing an electric current through it. Some battery chargers need to be manually disconnected by the constant voltage source whereas others may use a timer for cutting off the power at fixed intervals. Currently, the expansion of the electronics industry is the primary factor catalysing the demand for battery chargers. An increasing demand for electrical vehicles(EVs) and connected devices acts as another major force stimulating the growth of the battery charger market.
Over the years, several trends have been observed in the market like miniaturisation which have made these chargers powerful and faster, yet increasingly compact in size. In addition, various developments have been made so that battery chargers can cater to different functions without the need for separate cables. Growing focus and awareness regarding the importance of charging management is further encouraging the manufacturers to develop safe and rapid charging technologies. Apart from this, in order to expand their consumer-base, manufacturers have introduced wireless, smart and high temperature-resistant battery chargers.
This report provides a deep insight into the global battery charger market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the battery charger industry in any manner.
2. What is the expected growth rate of the global battery charger market during 2024-2032?
3. What are the key factors driving the global battery charger market?
4. What has been the impact of COVID-19 on the global battery charger market?
5. What are the key regions in the global battery charger market?
6. Who are the key players/companies in the global battery charger market?
A battery charger is a device which is used for transferring energy into a rechargeable battery by passing an electric current through it. Some battery chargers need to be manually disconnected by the constant voltage source whereas others may use a timer for cutting off the power at fixed intervals. Currently, the expansion of the electronics industry is the primary factor catalysing the demand for battery chargers. An increasing demand for electrical vehicles(EVs) and connected devices acts as another major force stimulating the growth of the battery charger market.
Over the years, several trends have been observed in the market like miniaturisation which have made these chargers powerful and faster, yet increasingly compact in size. In addition, various developments have been made so that battery chargers can cater to different functions without the need for separate cables. Growing focus and awareness regarding the importance of charging management is further encouraging the manufacturers to develop safe and rapid charging technologies. Apart from this, in order to expand their consumer-base, manufacturers have introduced wireless, smart and high temperature-resistant battery chargers.
Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the global battery charger market report, along with forecasts at the global and regional level from 2023-2032. The report has categorized the market based on application, category and product type.Breakup by Application:
- Smartphones
- Laptops
- Electric Vehicles
- Tablets
- Digital Cameras
- Feature Phones
- Others
Breakup by Category:
- OEM
- Replacement
Breakup by Product Type:
- Wired
- Wireless
Breakup by Region:
- Asia-Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being Accutronics Limited, Analytic Systems Ware Ltd., Anoma Corporation, Associated Equipment Corporation, Energizer Holdings Inc., Exide Technologies, Ferro Magnetics Corporation, FRIWO AG, HindlePower, Inc., Panasonic Corporation of North America, Phihong USA Corporation, Powerbase Industrial (HK) Ltd., Saft S.A., Salcomp Plc, Schumacher Electric Corporation, Scud (Fujian) Electronics Co. Ltd., Shun Shing Standard Corporation Development Ltd., Spectrum Brands Inc., Uniross Batteries S.A.S, and Yuasa Battery Inc.This report provides a deep insight into the global battery charger market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the battery charger industry in any manner.
Key Questions Answered in This Report
1. What was the size of the global battery charger market in 2023?2. What is the expected growth rate of the global battery charger market during 2024-2032?
3. What are the key factors driving the global battery charger market?
4. What has been the impact of COVID-19 on the global battery charger market?
5. What are the key regions in the global battery charger market?
6. Who are the key players/companies in the global battery charger market?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Battery Charger Market
6 Market Breakup by Application
7 Market Breakup by Category
8 Market Breakup by Product Type
9 Market Breakup by Region
10 Battery Charger Manufacturing Process
11 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Accutronics Limited
- Analytic Systems Ware Ltd.
- Anoma Corporation
- Associated Equipment Corporation
- Energizer Holdings Inc.
- Exide Technologies
- Ferro Magnetics Corporation
- FRIWO AG
- HindlePower Inc.
- Panasonic Corporation of North America
- Phihong USA Corporation
- Powerbase Industrial (HK) Ltd.
- Saft S.A.
- Salcomp Plc
- Schumacher Electric Corporation
- Scud (Fujian) Electronics Co. Ltd.
- Shun Shing Standard Corporation Development Ltd.
- Spectrum Brands Inc.
- Uniross Batteries S.A.S
- Yuasa Battery Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 25.8 Billion |
| Forecasted Market Value ( USD | $ 38.6 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
