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Global Battery Charger Market Overview 2018, Demand by Regions, Share and Forecast to 2023

United States, 13 November 2018 -- The global battery charger market has experienced a healthy growth in the past several years. The innovations in charging technology and rising purchasing power of the consumers are stimulating the growth of the market worldwide.

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The latest report by IMARC Group, titled “Battery Charger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global battery charger market reached a value of around US$ 17.2 Billion in 2017. Battery charger refers to a device which converts AC current into low-voltage AC or DC current for charging an array of portable electronic devices across various industries. There is a wide variety of battery chargers available in the market which can be powered through a wall outlet, car port or even a computer USB port. In addition, these battery chargers are designed to work at alternate charging speeds to suit the requirements of different types of batteries. Characterised by growing disposable incomes and widespread use of modern technologies, there has been a significant growth in the demand for battery chargers.

Battery Charger Market Trends:

In the recent years, the ubiquity of portable electronics, such as laptops, smart watches, digital cameras, mobile phones, etc. has created a huge demand for battery chargers. Apart from this, these chargers are also required for a number of wearable medical devices including hearing aids, diagnostics monitoring patches and fitness bands.

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Media Contacts:
IMARC Group
USA: +1-631-791-1145
Email:
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Submitted by Imarc Group, IMARC Group on Tuesday, 13 November 2018 at 8:27 PM
Category: Enterprise Technology
 
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