Battery Chargers Market – Technavio Unveils Global Forecast and Analysis

Renewable energy

Anoma, Accutronics, and Exide Technologies are three key vendors highlighted in a new Technavio report

London, 23 September 2015 – Technavio has published a new report on the global battery chargers market, which is expected to grow at a CAGR of more than 6% from 2015-2019.

Battery chargers market segmentation including application and geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different applications, including laptops, smartphones, feature phones, electric vehicles (EVs), tablets, DSCs, music players, portable gaming devices, and smartwatches.

Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region.

The latest report by Technavio also highlights the growing adoption of wireless EV charging that is captivating EV manufacturers to develop wireless charging banks, which will charge vehicles even while on the move using charging pads embedded in highways.

“Wireless charging banks that enable charging of multiple vehicles parked near these banks are also being developed on a priority basis. This presents a huge potential for manufacturers of battery chargers, which will further contribute to the market growth,” says Faisal Ghaus, Vice President of Technavio.

Battery chargers: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global battery chargers market from 2015-2019. To calculate the market size, we consider the revenue generated by shipment of battery chargers for different applications.

Industry analysis includes:

Key Vendors:

  • Anoma
  • Accutronics
  • Exide Technologies
  • Flextronics
  • HindlePower
  • Panasonic

Market Growth Drivers:

  • Growth in electronics industry
  • Technological advancements

Market Challenges:

  • Time-to-market
  • Declining sales of laptops

Market Trends:

  • Growing adoption of wireless EV charging
  • Increased need for common charging platforms

View the global battery charger market report.

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