Press release
Global Electric Car Battery Charger Market Forecast for Incremental CAGR Growth by 2022
Fact.MR
Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4
The industry-wide innovation trend has also rubbed off on car battery chargers. Efficiency, cost, and compatibility with the greater push towards sustainability remain focus areas for car battery manufacturers, and they continue to influence development of car battery chargers. While float chargers continue to remain sought-after, automatic chargers extend their lead over manual variants. Considering end-user demand for ease of access and more capacity, portable chargers with high battery capacity continue to reign supreme. Innovation in battery chargers will be massively influenced by developments in the parent market, and as battery research is at a tipping point, an unprecedented breakthrough can spawn a new era of car battery chargers.
A device used to supply electric current through a rechargeable battery with the purpose of charging it. Battery chargers remain a vital component of any car’s emergency kit. Battery chargers are available in different forms and capacities, with modern variants doubling up as power packs and inverters.
According to the Fact.MR report, the global market for electric car battery chargers is pegged to reach US$ 1.2 Bn value by the end of 2022, reflecting a moderate CAGR during 2017-2022.
New mobility solutions the big trend in 21st century automotive technology
E-sharing, carpooling and other mobility solutions are gaining immense traction in the 21st century because the rapid migration from rural to urban agglomerations witnessed in emerging markets is putting immense strain on their infrastructure. The eager adoption of such innovative mobility solutions could certainly benefit the electric car battery chargers market. While the sales of personal vehicles may dip somewhat, this should be compensated by a spike in commercial vehicle sales. Commercial vehicles naturally undergo much more wear and tear than personal vehicles, leading to shorter product vehicle replacement cycles. Shorter product vehicle cycles is directly responsible for an overall growth of the electric car battery chargers market. From just under a billion dollars in the year 2017, the global automotive battery charger market is projected to be worth nearly US$ 1.3 billion in 2022 with a moderate CAGR.
Automatic charging winning tug of war with manual charging segment
With a revenue share of 84% in the charging segment of the electric car battery chargers market, it would not be surprising if key stakeholders decided to focus most of their attention on automatic charging. Automatic charging is poised to grow to a size of more than a billion dollars in 2022 with a modest CAGR from 2017 – 2022. Europe is the largest region that prefers automatic charging as the continent continues to hold its 1/3rd electric car battery chargers market share throughout the duration of the forecast period. However, manual charging still holds the balance revenue share and even though it is projected to witness a decline in BPS, it should still be a market worth almost US$200 million in the year 2022.
Competition Tracking
The report has also profiled key companies partaking in the growth of global electric car battery charger market, which include Delphi Automotive PLC, ABB LTD, Schneider Electric S.E., General Electric Company, Tesla Inc, Leviton Manufacturing Co., Inc., POD Point Ltd., Sema Connect Inc., EVgo Service LLC., ClipperCreek Inc., ChargePoint Inc., and Chargemaster plc.
Browse Full Report with TOC @https://www.factmr.com/report/4/electric-car-battery-charger-market
Table of Content
1. Global Electric Car Battery Charger Market - Executive Summary
2.Global Electric Car Battery Charger Market Overview
2.1.Introduction
2.1.1. Global Electric Car Battery Charger Market Taxonomy
2.1.2. Global Electric Car Battery Charger Market Definition
2.2.Global Electric Car Battery Charger Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Electric Car Battery Charger Market Y-o-Y Growth
2.3.Global Electric Car Battery Charger Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4.Supply Chain
2.5.Cost Structure
2.6.Pricing Analysis
2.7.Raw Material Sourcing Strategy and Analysis
2.8.List of Distributors
2.9.Key Participants Market Presence (Intensity Map) By Region
2.10. Competitive Assessment and Technology Trends in Future
3.Global Electric Car Battery Charger Market Analysis and Forecast By Charging Type
3.1.Global Electric Car Battery Charger Market Size and Forecast By Charging Type, 2012-2022
3.1.1. Automatic Charging Electric Car Battery Charger Market Size and Forecast, 2012-2022
3.1.1.1.Revenue (US$ Mn) Comparison, By Region
3.1.1.2.Market Share Comparison, By Region
3.1.1.3.Y-o-Y growth Comparison, By Region
Continue…@@
Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=4
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Marketresearch reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Electric Car Battery Charger Market Forecast for Incremental CAGR Growth by 2022 here
News-ID: 1006060 • Views: …
More Releases from Fact.MR
Veterinary Oncology Market Predicts 12% CAGR Through 2033 With a US$ 800 Million
In 2023, the veterinary oncology market (獣医腫瘍学市場) was valued at US$ 260 million, and it's anticipated to reach US$ 800 million by the end of 2033, with a projected compound annual growth rate (CAGR) of 12% from 2023 to 2033. Veterinary oncology focuses on caring for pets diagnosed with cancer, with the goal of enhancing their overall quality of life. Cancer is the leading cause of mortality among companion animals,…
Sales of Luxury Eyewear are forecasted to reach US$ 56 billion by 2033
According to Fact.MR, a trusted provider of market research and competitive intelligence, the global Luxury Eyewear Market was valued at US$ 40 billion in 2023. Projections suggest that by the conclusion of 2033, this market is anticipated to escalate to US$ 56 billion. Forecasts indicate a steady Compound Annual Growth Rate (CAGR) of 3.4% in the global demand for luxury eyewear from 2023 to 2033.
The surge in luxury eyewear sales…
Camping Equipment sales are expected to reach US$ 33.17 billion By 2032
The global camping equipment market is projected to achieve a substantial value of US$ 33.17 billion by the year 2032, exhibiting a commendable Compound Annual Growth Rate (CAGR) of 7.3% from 2022 to 2032. A surge in expenditure on outdoor recreational activities is poised to ignite significant growth within the camping equipment market.
According to insights from Fact.MR, the global camping equipment market is forecasted to reach a valuation of US$…
Microbial Algae Products is forecasted to expand at a CAGR of 6.1% from 2024 to …
The global microbial algae product market is set to expand at a compound annual growth rate (CAGR) of 6.1%, as outlined in the latest industry research report by Fact.MR. By the end of 2034, the market is anticipated to surge from US$ 3.43 billion in 2024 to US$ 6.2 billion.
Recent years have witnessed a notable surge in demand for microbial algae products due to their rich nutritional profile, comprising minerals,…
More Releases for Electric
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Wireless Sensors Market Regional Outlook, Top Manufactures General Electric, Yok …
The Global Wireless Sensors Market is measurement tools equipped with transmitters that convert signals from instruments into radio transmission signals. Increasing interest of manufacturers in research and development of more efficient Wireless sensors are expected to drive the wireless sensors market. However, this market is highly competitive and price sensitive are hampering the growth of the market.
For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1371276
What you can expect from…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
