Manual Car Charger Market Report 2024

The manual car charger market size has grown steadily in recent years. It will grow from $9.56 billion in 2023 to $9.89 billion in 2024 at a compound annual growth rate (CAGR) of 3.4%. Historical growth can be credited to rising automobile ownership, the advancement of the automotive industry, heightened emphasis on vehicle upkeep, accelerated urbanization, and the proliferation of public and private charging stations.

The manual car charger market size is expected to see steady growth in the next few years. It will grow to $11.48 billion in 2028 at a compound annual growth rate (CAGR) of 3.8%. Projected growth is driven by the expansion of electric vehicles (EVs), increased vehicle electrification, escalating fuel and operational expenses, the surge in ride-sharing and fleet services, and the expansion of e-commerce and online sales platforms. Key trends in the forecast period encompass advancements in battery technology, the evolution of portable electronic devices, innovations in charging infrastructure, integration of digitalization and Internet of Things (IoT), and the emergence of smart and connected charging solutions.

The growing demand for electric vehicles (EVs) is anticipated to drive the expansion of the manual car charger market in the future. Electric vehicles are those powered mainly or entirely by electric motors and batteries rather than internal combustion engines using fossil fuels. The increasing demand for EVs is attributed to heightened environmental awareness, advancements in battery technology, government incentives, and rising fuel prices. Manual car chargers provide EV owners with the convenience of charging their vehicles at home or at public stations, facilitating battery charging for daily use and longer trips. For example, the International Energy Agency (IEA), an autonomous intergovernmental organization based in France, reported in April 2023 that electric vehicle sales increased by 3.5 million in 2023 compared to 2022, marking a 35% annual growth. Consequently, the rising demand for electric vehicles is driving the manual car charger market.

Leading companies in the manual car charger market are focusing on developing innovative products, such as controlled chargers, to meet the growing need for efficient and convenient charging solutions. A controlled battery charger, also known as a smart or intelligent charger, is designed to monitor and manage the charging process. For instance, in October 2023, Schumacher Electric Corporation, a US-based manufacturer of battery chargers, jump starters, and power inverters for the automotive industry, launched a range of manual timer-controlled battery chargers and jump starters for car, SUV, truck, and boat batteries. These new products offer users full manual control over charging and jump-starting with precision timers and charging mode selectors, featuring a compact and portable design with wheeled options for easy transportation.

In January 2024, Siemens, a Germany-based conglomerate, acquired Heliox for an undisclosed amount. This acquisition will enable Siemens to enhance its existing eMobility charging portfolio by adding charging solutions with power levels ranging from 40 kW to over a megawatt, specifically for commercial EV depots. Heliox is a Netherlands-based manufacturer of DC fast chargers.

Major companies operating in the manual car charger market are Stanley Black & Decker Inc., Schumacher Electric Corporation, CTEK Sweden AB, Midtronics Inc., The NOCO Company, DEWALT, Associated Equipment, Clore Automotive, CRAFTSMAN, Battery Tender, DieHard, Motopower, Ampeak, Verilux, GOOLOO, Clarke, Vector, Foxsur, Foval, REHTRAD, TOPDON Incorporated.

North America was the largest region in the manual car charger market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the manual car charger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the manual car charger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Manual car chargers are portable devices designed for manually recharging car batteries, often utilizing hand cranks or similar mechanisms. They typically include cables with clamps that attach to the battery terminals, allowing electrical current from an external power source (like another vehicle's battery or a portable power pack) to flow into the car battery, providing sufficient charge to start the engine.

On-board chargers and off-board chargers are the primary types of manual car chargers. On-board chargers are found in electric vehicles, converting alternating current (AC) from external sources into direct current (DC) to charge the vehicle's battery pack. These chargers cater to various vehicle types, including battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV), serving different end-users such as residential and commercial sectors.

The manual car charger market research report is one of a series of new reports that provides manual car charger market statistics, including manual car charger industry global market size, regional shares, competitors with a manual car charger market share, detailed manual car charger market segments, market trends and opportunities, and any further data you may need to thrive in the manual car charger industry. This manual car charger market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The manual car charger market also includes sales of cables and connectors, adapters, carrying cases, mounts and holders, battery packs, solar panels, power banks, battery chargers, solar car battery chargers, and portable jump starters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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