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Global Low Voltage Charger Market (By Product Category, End-Use and Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)

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Date: 12-Jan-2022
No. of pages: 97
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The global low voltage charger market is expected to record a value of US$1.22 billion in 2025, rising at a CAGR of 3.09%, for the time period of 2021-2025. Factors such as rising number of ride-hailing fleet vehicles, growing digital ads spending in automotive industry, rising sales of smartphones, decline in price of lithium-ion batteries, rising demand for electric vehicle supply equipment and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by lack of standardization in charging infrastructure and challenge of charging station financing and ownership. A few notable trends may include rising CO2 emission from transportation sector, growing trend of recreational vehicles (RV) and reducing cost of electric vehicle (EV) batteries.

The global low voltage charger market is a small but emerging market, due to the rising penetration of electric vehicle worldwide. Supported by regulation and government incentives, improving EV appeal and the rollout of charging infrastructure, the deployment of various types of chargers is rising at a considerable pace, which is fuelling the growth of the low voltage chargers market globally.

The fastest growing regional market was Europe, due to the rising share of EV sales in the overall automotive industry. Further, North America and Asia Pacific also held significant shares in the global low voltage chargers market. However, the outbreak of the COVID-19 pandemic has caused a severe downturn in the automotive industry, which impacted the sales of battery operated things and thereby caused a negative impact on the market value of low voltage chargers globally.   

Scope of the report:


  • The report provides a comprehensive analysis of the global low voltage chargers market with potential impact of COVID-19.

  • The major regional markets (Europe, North America, Asia Pacific and ROW) have been analyzed.

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

  • The competitive landscape of the market, along with the company profiles of leading players (Robert Bosch, Siemens, Tesla, Inc., ABB, CTEK and Victron Energy) are also presented in detail.


Key Target Audience:


  • Low Voltage Chargers Manufacturers

  • EV components Suppliers

  • Raw Material Suppliers

  • End Users (OEMs and Automotive Aftermarket)

  • Investment Banks

  • Government Bodies & Regulating Authorities

Global Low Voltage Charger Market (By Product Category, End-Use and Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)

Table of Contents

1. Overview
1.1 Introduction
1.2 Types of Battery
1.3 Charging Methods of a Battery
1.4 Stages of Battery Charging
1.5 Low Voltage Battery Management System

2. Impact of COVID-19
2.1 Impact on Economic Growth
2.2 Impact on Electric Vehicles Sales
2.3 Impact on Consumer Electronic Industry

3. Global Market Analysis
3.1 Global Low Voltage Charger Market by Value
3.2 Global Low Voltage Charger Market Forecast by Value
3.3 Global Low Voltage Charger Market by Product Category
3.3.1 Global Non-premium Low Voltage Chargers Market by Value
3.3.2 Global Non-premium Low Voltage Chargers Market Forecast by Value
3.3.3 Global Premium Low Voltage Charger Market by Value
3.3.4 Global Premium Low Voltage Charger Market Forecast by Value
3.3.5 Global Premium Low Voltage Charger Market by Type
3.3.6 Global Regular Cars Low Voltage Charger Market by Value
3.3.7 Global Regular Cars Low Voltage Charger Market Forecast by Value
3.3.8 Global Workshop Low Voltage Charger Market by Value
3.3.9 Global Workshop Low Voltage Charger Market Forecast by Value
3.3.10 Global Motorcycle Low Voltage Charger Market by Value
3.3.11 Global Motorcycle Low Voltage Charger Market Forecast by Value
3.3.12 Global Enthusiast Cars Low Voltage Charger Market by Value
3.3.13 Global Enthusiast Cars Low Voltage Charger Market Forecast by Value
3.4 Global Low Voltage Charger Market by End-Use
3.4.1 Global Consumer Low Voltage Charger Market by Value
3.4.2 Global Consumer Low Voltage Charger Market Forecast by Value
3.4.3 Global Professional Low Voltage Charger Market by Value
3.4.4 Global Professional Low Voltage Charger Market Forecast by Value
3.5 Global Low Voltage Charger Market by Region

4. Regional Market Analysis
4.1 Europe
4.1.1 Europe Low Voltage Charger Market Forecast by Value
4.2 North America
4.2.1 North America Low Voltage Charger Market Forecast by Value
4.3 Asia Pacific
4.3.1 Asia Pacific Low Voltage Charger Market Forecast by Value
4.4 ROW
4.3.1 ROW Low Voltage Charger Market Forecast by Value

5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Number of Ride-hailing Fleet Vehicles
5.1.2 Growing Digital Ads Spending in Automotive Industry
5.1.3 Rising Sales of Smartphones
5.1.4 Decline in Price of Lithium-ion Batteries
5.1.5 Rising Demand for Electric Vehicle Supply Equipment
5.1.6 Surging Urbanization
5.2 Key Trends and Developments
5.2.1 Rising CO2 Emission from Transportation Sector
5.2.2 Rising Trend of Recreational Vehicles (RV)
5.2.3 Reducing 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 Market
6.1.1 Key Players – Revenue Comparison
6.1.2 Key Players – Market Capitalization  Comparison
6.1.3 Comparison of Company’s Products in the Low Voltage Charger Market

7. Company Profiles
7.1 Robert Bosch
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Siemens
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Tesla, Inc.
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 ABB
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 CTEK
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 Victron Energy
7.6.1 Business Overview
7.6.2 Business Strategies

List of Figures

Charging Methods of a Battery
Stages of Battery Charging
Low Voltage Battery Management System
Global GDP Growth Rate (2019-2021)
Global Electric Vehicle Sales (2018-2021)
The U.S. Consumer Electronics Industry Growth Rate (2019-2021)
Global Low Voltage Charger Market by Value (2016-2020)
Global Low Voltage Charger Market Forecast by Value (2021-2025)
Global Low Voltage Charger Market by Product Category (2020)
Global Non-premium Low Voltage Chargers Market by Value (2016-2020)
Global Non-premium Low Voltage Chargers Market Forecast by Value (2021-2025)
Global Premium Low Voltage Charger Market by Value (2016-2020)
Global Premium Low Voltage Charger Market Forecast by Value (2021-2025)
Global Premium Low Voltage Charger Market by Type (2020)
Global Regular Cars Low Voltage Charger Market by Value (2016-2020)
Global Regular Cars Low Voltage Charger Market Forecast by Value (2021-2025)
Global Workshop Low Voltage Charger Market by Value (2016-2020)
Global Workshop Low Voltage Charger Market Forecast by Value (2021-2025)
Global Motorcycle Low Voltage Charger Market by Value (2016-2020)
Global Motorcycle Low Voltage Charger Market Forecast by Value (2021-2025)
Global Enthusiast Cars Low Voltage Charger Market by Value (2016-2020)
Global Enthusiast Cars Low Voltage Charger Market Forecast by Value (2021-2025)
Global Low Voltage Charger Market by End-Use (2020)
Global Consumer Low Voltage Charger Market by Value (2016-2020)
Global Consumer Low Voltage Charger Market Forecast by Value (2021-2025)
Global Professional Low Voltage Charger Market by Value (2016-2020)
Global Professional Low Voltage Charger Market Forecast by Value (2021-2025)
Global Low Voltage Charger Market by Region (2020)
Europe Low Voltage Charger Market Forecast by Value (2020-2025)
North America Low Voltage Charger Market Forecast by Value (2020-2025)
Asia Pacific Low Voltage Charger Market Forecast by Value (2020-2025)
ROW Low Voltage Charger Market Forecast by Value (2020-2025)
Number of Vehicles in the Global Ride-hailing Fleet (2015-2025)
The U.S. Automotive Industry Digital Ads Spending (2017-2021)
Global Smartphones Sales (2018-2026)
Lithium-ion Battery Pack Cost Worldwide (2016-2020)
Global Electric Vehicle Supply Equipment Market (2016-2020)
Global Urban Population (2016-2020)
Distribution of CO2 Emissions from the Transportation Sector Worldwide (2050)
Global Recreational Vehicle Market (2020-2025)
Robert Bosch Revenue and Profit (2016-2020)
Robert Bosch Revenue by Segments (2020)
Robert Bosch Revenue by Region (2020)
Siemens Revenue and Net Income (2017-2021)
Siemens Revenue by Segment (2021)
Siemens Revenue by Region (2021)
Tesla, Inc. Total Revenues and Net Income (Loss) (2016-2020)
Tesla, Inc. Total Revenues by Segment (2020)
Tesla, Inc. Total Revenues by Region (2020)
ABB Total Revenues and Net Income (2016-2020)
ABB Total Revenues by Segments (2020)
ABB Total Revenues by Regions (2020)
CTEK Net Sales and Profit (2016-2020)
CTEK Net Sales by Segment (2020)

List of Tables

Types of Battery
Key Players – Revenue Comparison (2020/2021)
Key Players – Market Capitalization  Comparison (2022)
Comparison of Company’s Products in the Low Voltage Charger Market

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