[ad_1]
DUBLIN, May 30, 2022 /PRNewswire/ — The “Battery Chargers – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Battery Chargers Market to Reach $32 Billion by 2026
The global market for Battery Chargers estimated at US$21 Billion in the year 2020, is projected to reach a revised size of US$32 Billion by 2026, growing at a CAGR of 7.1% over the analysis period.
OEM, one of the segments analyzed in the report, is projected to grow at a 7.5% CAGR to reach US$22.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Replacement segment is readjusted to a revised 6.3% CAGR for the next 7-year period. This segment currently accounts for a 35.5% share of the global Battery Chargers market.
The US Market is Estimated at $6.1 Billion in 2021, While China is Forecast to Reach $6.8 Billion by 2026
The Battery Chargers market in the US is estimated at US$6.1 Billion in the year 2021. The country currently accounts for a 27.04% share in the global market. Chinathe world second largest economy, is forecast to reach an estimated market size of US$6.8 Billion in the year 2026 trailing a CAGR of 10.8% through the analysis period.
mong the other noteworthy geographic markets are Japan and Canadaeach forecast to grow at 3.8% and 6.3% respectively over the analysis period. Within …
Full story available on Benzinga.com
[ad_2]
Source link
