Friday, May 20, 2022

Global Low Voltage Charger Market (2021 to 2025) – A growing number of ride-hailing fleet vehicles are on the rise –

Dublin, January 17, 2022–(BUSINESS WIRE)–“Global Low Voltage Charger Market (by Product Category, End Use and Sector): Insights and Forecasts with Potential Impact of COVID-19 (2021-2025)” report added to of Presentation.

The global low voltage charger market is expected to register a value of US$1.22 billion in 2025, growing at a CAGR of 3.09% for the time period 2021-2025.

mention of companies

  • Robert Bosch

  • Siemens

  • Tesla, Inc.

  • Fig

  • CTEK

  • Victron Energy

Factors such as the growing number of ride-hailing fleet vehicles, rising digital advertising spending in the automotive industry, rising smartphone sales, falling lithium-ion battery prices, increasing demand for electric vehicle supply devices, and rapid urbanization will drive growth. Of the market

However, the growth of the market will be challenged by the lack of standardization in charging infrastructure and the challenge of financing and ownership of charging stations. Some notable trends may include rising CO2 emissions from the transportation sector, an increasing trend for recreational vehicles (RVs), and a reduction in the cost of electric vehicle (EV) batteries.

The global low voltage charger market is a small but emerging market due to the increasing penetration of electric vehicles across the globe. Supported by regulation and government incentives, improving EV appeal and rollout of charging infrastructure, the deployment of different types of chargers is growing at a considerable pace, fueling the growth of the low voltage charger market globally.

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scope of report

  • The report provides a comprehensive analysis of the global Low Voltage Chargers market along with the likely impact of COVID-19.

  • Major regional markets (Europe, North America, Asia Pacific and ROW) are analyzed.

  • Market dynamics such as growth drivers, market trends and challenges are analyzed in depth.

  • The competitive landscape of the market as well as the company profiles of the major players are also presented in detail.

Major topics covered:

1. Overview

2. Impact of COVID-19

3. Global Market Analysis

3.1 Global Low Voltage Charger Market by Value

3.2 Global Low Voltage Charger Market Forecast by Price

3.3 Global Low Voltage Charger Market by Product Category

3.4 Global Low Voltage Charger Market by End-Use

3.5 Global Low Voltage Charger Market by Region

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4. Regional Market Analysis

5. Market Dynamics

5.1 Growth Drivers

5.1.1 Growing Number of Passenger Fleet Vehicles

5.1.2 Rising Digital Advertising Spend in the Automotive Industry

5.1.3 Growing Smartphone Sales

5.1.4 Decline in the Price of Lithium-Ion Batteries

5.1.5 Growing Demand for Electric Vehicle Supply Equipment

5.1.6 Increasing Urbanization

5.2 Major Trends and Developments

5.2.1 Rising CO2 Emissions from the Transport Sector

5.2.2 Growing Trend of Recreational Vehicles (RVs)

5.2.3 Reducing the Cost of Electric Vehicle (EV) Batteries

5.3 Challenges

5.3.1 Lack of Standardization in Charging Infrastructure

5.3.2 Challenge of Charging Station Financing and Ownership

6. Competitive Landscape

6.1 Global Markets

6.1.1 Major Players – Revenue Comparison

6.1.2 Major Players – Market Capitalization Comparison

6.1.3 Comparison of the Company’s Products in the Low Voltage Charger Market

7. Company Profile

For more information about this report, visit

View the source version at

Laura Wood, Senior Press Manager
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