Global Battery Charger Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 4.49% through 2020 to 2026, reaching US$ XX Mn.
Global Battery Charger Market
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Global Battery Charger Market Overview:
The global battery charger market reached a value of US$ 21.7 Bn in the year 2020. A battery charger is a device which is used for conveying energy into a rechargeable battery by passing an electric current through it. Some battery chargers need to be manually disconnected by the continuous voltage source whereas others may use a timer for cutting off the power at fixed intervals. Presently, the expansion of the electronics industry is the primary reason catalyzing the demand for battery chargers. A growing demand for EVs & connected devices acts as another key strength stimulating the development of the battery charger market.