Industrial Battery Chargers Market to Register a 2.6% CAGR

The market for industrial battery chargers is anticipated to expand at a CAGR of 2.6%, generating a total opportunity of more than US$ 486 million. By the end of the forecast period (2020- 2030), the market is expected to be worth more than US$ 2.1 billion, according to Fact.MR. Battery-wise, SLA batteries are anticipated to hold a sizeable market share and see considerable growth in APEJ.

Developmental activities focused on battery technologies have been influenced by investments made by the government and commercial groups in renewable energy projects, notably solar panel based ones, in an effort to attain the goal of creating a sustainable economy.

A new study on the Industrial Battery Chargers market makes a detailed assessment of current opportunities, upcoming revenue areas, and current and projected valuations of various segments in the market, gauging the economic impact of COVID-19. The assessments that span several pages include identifying key growth drivers, restraining factors, major revenues boosting trends, and upcoming avenues.

Read Report Overview: https://www.factmr.com/report/3758/industrial-battery-charger-market

Key Segments of the Industrial Battery Chargers Market

Fact.MR's study on the industrial battery chargers market offers information divided into two key segments-technology, a battery rated voltage, output charging current, power rating, battery type, configuration, and end-use sectors across eight major regions. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

• By Technology :

o Ferroresonant Chargers
o High Frequency Chargers Sanitizer
o Hybrid Chargers
o SCR Chargers

• By Battery Rated Voltage :

o Up to 24V
o 48V
o 60V
o 110 V
o Above 110V

• By Output Charging Current :

o 15A-50A
o 51A-150A
o 151A-250A
o 251A-500A
o Above 500A

• By Power Rating :

o Up to 5kW
o 5KW-15KW
o 10KW-15KW
o Above 15KW

• By Battery Type :

o Lithium Battery
o NiCd Battery
o Plante Battery
o Sealed Lead Acid (SLA) Battery

• By Configuration :

o Dual FCBC
o FC & BC
o FC % FCBC
o FCBC

• By End-Use :

o Energy & Power
o Infrastructure
o IT & Data Centre
o Manufacturing
o Marine
o Mining
o Oil & Gas
o Railways
o Telecommunications

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Key Segments of Industrial Battery Chargers Market
Fact.MR's study on the Industrial Battery Chargers market offers information divided into four important segments - indication, application, end user, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.

The recent global industrial battery chargers market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on the key drivers, restraints, opportunities and threats to the expansion of the global industrial battery chargers market.

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Regions covered in report:

• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
• Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)

Drivers and Risks Analysis:

The global Industrial Battery Chargers market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe.

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