A pressing challenge for many manufacturers in the battery market is to develop chargers that avoid overheating miniaturized batteries. To meet this fast-rising
A pressing challenge for many manufacturers in the battery market is to develop chargers that avoid overheating miniaturized batteries. To meet this fast-rising demand, manufacturers are using software to optimize charging. According to new analysis by San Antonio-based Frost & Sullivan, an international marketing consulting and training firm, the U.S. Battery Charger Market rose to $1.66 billion in 2000 and is expected to increase through 2007, with a projected industry revenue reaching $3.10 billion.
“Environmental concerns will help ignite demand for automotive battery chargers,” says Frost & Sullivan Industry Analyst Sara Bradford. “Concern over carbon emissions has resulted in numerous governmental incentives to transform carbon fuel to electric fuel applications, such as electric vehicles.”