openPR Logo
Press release

Car Battery Chargers Market to Witness a Stunning 5.1% Volume CAGR By 2027

09-25-2017 11:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Car Battery Chargers Market to Witness a Stunning 5.1% Volume

Governments around the globe are taking initiatives to reduce pollution levels, imposing rules on utilisation of conventional vehicles. Promotion of hybrid and electric vehicles by offering subsidies and incentives is also contributing to growth. This has led to a rise in adoption of electric vehicles, which in turn, has driven demand for car battery chargers globally. Future Market Insights (FMI), in its report, projects the global car battery chargers market to register a steady 5.1% volume CAGR during the forecast- 2017-2027. In 2017, 5,445 thousand units of car battery chargers are expected to be sold globally, and this number will reach 8,994 thousand units by 2027-end.

Growing Developments in Performance & Costs of Electric Cars to Drive Market Growth

Developments in the performance and costs of electric cars, and other benefits including pollution reduction, climate change mitigation, and diversification have been estimated to drive the adoption of electric cars, thereby influencing sales of electric car battery chargers. FMI’s report states that the sales of electric cars has witnessed a surge since 2010, with battery electric vehicles outselling plug-in hybrid electric vehicles. Sales of electric cars have witnessed a boom in China, through public-private and direct investment. Several public policies have encouraged the development of publicly accessible charging over the past few years. The aforementioned factors are expected to drive the growth of the market during the forecast period. In contrast, limited availability of charging stations, and increasing manufacturers of unorganised battery chargers with no regulations and norms are factors expected to affect the market growth.

View and Download TOC of Car battery chargers market Research Report@ https://www.futuremarketinsights.com/reports/car-battery-chargers-market/toc

Automatic Charging to Remain Preferred Among Consumers

Based on charging type, automatic charging is expected to remain preferred during the forecast period. Sales of automatic charging equipment are expected to surpass 6,000 thousand units by 2027. The manual charging is projected to register 4.6% volume CAGR during the forecast period. Although sales of float chargers will be higher relatively, smart chargers are estimated to register the fastest growth through 2027. The growth of smart chargers is attributed to its stable demand in Western Europe and Eastern Europe regions, as well as surging demand for automatic and advanced car battery chargers globally. Trickle chargers are projected to exhibit the second largest CAGR among charger type.

Request and Download Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-1844

Electric Car Battery Chargers to Hold the Largest Market Share by 2027

By product type, electric car battery chargers are expected to hold the largest market share; however, volume sales of car battery chargers will remain comparatively higher during the forecast period. The 12V-48V batteries are expected to retain their dominance over the global car battery chargers market throughout the forecast period, in terms of volume. In contrast, above-48V batteries are estimated to witness the highest CAGR, followed by up-to-12V batteries through 2027. The 12V-48V batteries will exhibit the lowest CAGR. Based on portability, portable chargers will remain dominant; however, plug-in chargers are projected to exhibit a comparatively higher volume CAGR through 2027.

In terms of volume, North America is expected to witness the highest sales of car battery chargers during the forecast period, followed by Asia Pacific Excluding Japan (APEJ) and Western Europe. Rising environmental concerns and stringent emission norms imposed on vehicles in Europe and North America are expected to drive the sales of car battery chargers across these regions. APEJ is projected to become the most attractive market for car battery chargers by 2027-end.

Key players identified in FMI’s report include CTEK Holding AB, Delphi Automotive LLP, Schumacher Electric Corporation, Clore Automotive LLC, Baccus Global LLC, Robert Bosch GmbH, Current Ways Inc., AeroVironment, Inc., IES Synergy, Chargemaster PLC.

Buy Full Car battery chargers market Report@ https://www.futuremarketinsights.com/checkout/1844

About Us –
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Car Battery Chargers Market to Witness a Stunning 5.1% Volume CAGR By 2027 here

News-ID: 736935 • Views: 316

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Car

Car Monitor Display
https://www.qandqmarketresearch.com/reports/7152010/car-monitor-display-market-78 Global Car Monitor Display Market Insights, Forecast to 2025 This report presents the worldwide Car Monitor Display market size value, production and consumption, splits the breakdown data status 20132018 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 and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis. Download Free PDF Sample
Sports Car Industry Forecasts
Albany, New York, November 8, 2016: Market Research Hub has announced a new research report to its database, titled “Sports Car industry forecasts”. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far
India Car Rental Market
A research study, titled “India Car Rental Market: Trends, Opportunities And Forecasts (2016-2021)” - (By Value, By Region, By Segment - Radio Taxi, Corporate Rental, Aggregators and Affilators; Key Players; Market Share And Dynamics),” has been recently added by MarketResearchReports.biz to its huge repository of research studies. The research study further provides a detailed analysis of the car rental market in India, focusing on the product segmentation, competitive scenario, and
Apple Car
Apple Car – The new Apple driverless car was unveiled it is said to be the top hybrid electric car. The Apple Car will change the automotive industry very soon, learn why, & discover what the Apple Driverless Car will contain. Apple Car - All over, an auto appears like a heartbreaking thing for Apple Inc. to manufacture. Autos are a fiercely commoditised, staggeringly costly, for the most part low-edge
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait. At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts
Car insurance: Over 50 car insurance advantages
Over 50 car insurance It has been observed that older drivers tend to have a more mature approach towards driving than new drivers. Car insurance companies are more and more eager to target drivers aged 50 plus or those that have retired as older drivers are more experience, fewer accidents and more consistent. We can say older drivers are present less of a risk. This means the over 50s are less