Press release
Global Car Battery Charger Market Top Leading Players with Strategies and Forecast 2028
The global car battery charger market is anticipated to grow at a CAGR of 7.0% during the forecast period (2022-2028). A car battery charger is exactly like a cellphone or laptop charger, however, for a car or truck battery. These devices plug into an electrical outlet on one end (source of power) and connect to a car's battery terminals with cables that resemble jumper/booster cables. The market growth is majorly attributable to the rising demand for electric vehicles due to the stringent government regulations on polluting vehicles. In addition to this, the provision of subsidy for such vehicle manufacturers also boost the demand for electric vehicles, and thereby positively influencing the battery market. Further, increasing utilization of number of commercial buses in various countries is also positively affecting the growth of the market.For instance, China is considered to be far ahead from other countries in utilization of electric buses. According to the Institute of Education Sciences (IES), China has more than 421,000 electric buses in different cities of China with around a rate of circulation of 9,500 buses every 5 weeks. In 2018, nearly 99% of e-buses in circulation across the globe were situated in China that had decreased the demand for barrels of diesel by more than 270,000 barrels at the end of 2019. In addition to this, the constant advancements made to improve the battery charging stations in various economies is also likely to positively impact the global car battery charger market. Not just this, the novel concept of portable car battery chargers is also propelling the charging of car batteries anywhere and can be specifically in case of an emergency.
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Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Charging Type
By Charger Type
By Vehicle Type
By Battery Capacity
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape: Robert Bosch GmbH, CTEK Holding AB, and Aptiv plc, among others.
A full report is available at: https://orionmarketreports.com/global-car-battery-charger-market/102695/
Global Car Battery Charger Market Report by Segment
By Charging Type
Manual
Automatic
By Charger Type
Smart
Float
Trickle
By Vehicle Type
Car Battey Charger
Electric Car Battery Charger
By Battery Capacity
12V
12V-48V
Above 48V
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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