About battery chargers
Battery chargers are devices that integrate charge control circuitry to charge batteries for electronic devices. A battery charger is distinct from an external power supply, which is an external electrical device that is used to convert household AC electric current into DC current or low-voltage AC current to provide power to a device. Over the years, battery chargers have become more powerful, safer, and faster, yet increasingly smaller and affordable. Battery chargers are used by numerous devices such as laptops, smartphones, feature phones, EVs, tablets, DSCs, music players, portable gaming devices, and smartwatches.
Technavio's analysts forecast the global battery chargers market to grow at a CAGR of 6.1% over the period 2014-2019.
Covered in this report
This report covers the present and future scenarios of the global battery chargers market for 2015-2019. To calculate market size, Technavio considers revenue generated by sales of battery chargers for applications such as laptops, smartphones, feature phones, EVs, tablets, DSCs, music players, portable gaming devices, and smartwatches across the globe. However, aftermarket sales of battery chargers and the sales of components used in battery chargers are not taken into account for market size calculation.
Technavio's report, Global Battery Chargers Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Battery Charger Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Battery Charger Market: Accutronics, Anoma, Exide Technologies, Flextronics International, HindlePower and Panasonic
Other Prominent Vendors in the market are: Jeckson Electronics, Lester Electrical and Minwa Electronics
Commenting on the report, an analyst from Technavio’s team said: “Currently, EVs have to be charged at charging banks, where charging units are connected to the vehicle through a cord. EV manufacturers are looking at a scenario where vehicles can be charged while on the move using charging pads embedded in highways. However, this is still at the planning stage. 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.”
According to the report, mobile technology has allowed people to access data, business information, and e-mails without being restricted to a single location. Mobile devices run on power-intensive applications and software that consume substantial amounts of power, thus requiring effective battery backup. As a result, the demand for efficient battery chargers is increasing.
Further, the report states that vendors in the battery charger market are faced with the challenge of developing sophisticated chargers in a short time span.
Accutronics, Anoma, Exide Technologies, Flextronics International, HindlePower, Panasonic, Jeckson Electronics, Lester Electrical, Minwa Electronics