Portable Charger Market: Size, Growth, Regional Analysis, And Market Analysis
Portable Charger A battery charger is a device that passes an electric current through a rechargeable battery to transfer energy into it. The constant voltage source must manually disconnect some battery chargers, while others may utilize a timer to switch off the power at predetermined intervals. The rise of the electronics sector is currently the main driver of demand for battery chargers. Another critical reason driving the growth of the battery charger market is the rising demand for electric vehicles (EVs) and connected gadgets. In 2020, the global Portable Charger Market will be worth $21.7 billion. Improved consumer purchasing power, higher living standards, and rapid economic advancement all positively impact the market. Furthermore, the availability of such devices in various capacities, which cater to a variety of consumer categories, contributes to market expansion. Likewise, as the need for smartphones, tablets, and other digital devices grows, so does the portable charger