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Report Overview

The North America battery charger market reached approximately USD 6.35 Billion in 2024. The market is projected to grow at a CAGR of 5.70% between 2025 and 2034, reaching a value of around USD 11.05 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Currently, there are 56,000 EV charging stations across the USA.
  • As per industry reports, there are 183,000 level 2 chargers and DC charger ports across the United States.
  • LG Electronics entered the US electric vehicle charging market in 2024. The product line will include Level 2 and level 3 EV chargers.

Compound Annual Growth Rate

Value in USD Billion

5.7%

2025-2034


North America Battery Charger Market Outlook

*this image is indicative*

North America Battery Charger Market Growth

The battery charger market in the country is being positively shaped due to increasing demands for portable electronic devices, EVs, renewable energy storage systems along with innovations through cutting-edge technology to reduce charger size, increase resistance to high temperatures, and seamless compatibility with all devices. Growing focus on environmental sustainability and management is also a key driving factor in the growth of North America battery charger industry. For instance, in May 2024, Eaton Corporation, an intelligent power management company collaborated with Edurant Energy for ten battery storage projects in New York City worth USD 7 million.

The expansion of the battery charger market is fuelled in part by government support for electric vehicle (EV) charging stations. The Bipartisan Infrastructure Law (BIL) of 2021 solidifies this trend, allocating 7.5 billion USD to install 500,000 public chargers by 2030 in the USA. These government initiatives and regulatory frameworks create a supportive environment for market players by facilitating the development of charging infrastructure, which, in turn, increases the demand for battery chargers used in both EV charging stations and the vehicles themselves.

The emergence of new players from the electronic manufacturing sector into the electric vehicle sector is a key trend of North America battery charger market. In January 2024, LG Electronics established its first electric vehicle charging station assembly facility in Texas, the United States. This plant will create the Level 2 and Level 3 EV chargers. Beginning in January, Level 2 AC chargers with variable current settings and a load management solution will be the first goods built in this factory.

Key Trends and Recent Developments

North America Battery Charger Industry Segmentation

“North America Battery Charger Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type:

  • Wired
  • Wireless

Market Breakup by Application:

  • Smartphones 
  • Laptops 
  • Electric Vehicles 
  • Tablets
  • Digital Cameras 
  • Others

Market Breakup by Category:

  • OEM
  • Replacement

Market Breakup by Country:

  • United States of America 
  • Canada

North America Battery Charger Market Share

Based on product type, the market is segmented into wired and wireless. Wired battery chargers hold a larger share of the market due to their wide availability, cost-effectiveness, and ease of access across all regions. Wired chargers in smartphones, laptops, and EVs are reliable and convenient as they provide stable and constant connectivity along with quick charging without transmitting heat to the device due to the presence of USB cables and Gallium Nitride (GaN) which prevents overheating the charged device.

Leading Companies in North America Battery Charger Market

The market players are continuously developing new battery technologies to meet consumer demands.

  • Eaton Corporation Plc 
  • Schneider Electric SE 
  • Phihong Technology Co. Ltd. 
  • Ultralife Corp.
  • Yuasa Battery, Inc. 
  • Panasonic Holdings Corp.
  • Schumacher Electric Corporation
  • Exide Technologies, LLC
  • Associated Equipment Corp. 
  • Charging Technologies Inc. 
  • Hindlepower, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 6.35 Billion.

The North America battery charger market is estimated to grow at a CAGR of 5.70% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of USD 11.05 Billion by 2034.

The market is driven by the growing proliferation of EVs, renewable energy storage systems, growing penetration of smartphones, along with innovation in battery technology and increasing demand for multiple-device compatibility.

The key trends in the market are increasing use of portable electronic devices, a focus on environmental sustainability and management, and launch of high-speed chargers.

Battery chargers are used in smartphones, laptops, electric vehicles, tablets, and digital cameras, among others.

The major players in the market are Eaton Corporation Plc, Schneider Electric SE, Phihong Technology Co. Ltd., Ultralife Corp., Yuasa Battery, Inc., Panasonic Holdings Corp., Schumacher Electric Corporation, Exide Technologies, LLC, Associated Equipment Corp., Charging Technologies Inc., and Hindlepower, Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • Category
  • Region
Breakup by Product Type
  • Wired
  • Wireless
Breakup by Application
  • Smartphones
  • Laptops
  • Electric Vehicles
  • Tablets
  • Digital Cameras
  • Others
Breakup by Category
  • OEM
  • Replacement
Breakup by Region
  • United States of America 
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Eaton Corporation Plc
  • Schneider Electric SE
  • Phihong Technology Co. Ltd.
  • Ultralife Corp.
  • Yuasa Battery, Inc.
  • Panasonic Holdings Corp.
  • Schumacher Electric Corporation
  • Exide Technologies, LLC
  • Associated Equipment Corp.
  • Charging Technologies Inc.
  • Hindlepower, Inc.
  • Others

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