Category: Blogs

Power Supply and Charger Market Growth, Trends, and Forecast 2031 Over the past few months, coronavirus lockdown measures have significantly reduced electricity demand in the commercial and industrial sectors. Such trends are affecting the growth of the power supply and charger market. The International Energy Agency (IEA) estimates that global electricity demand has significantly decreased due to the sluggish growth in business activities and poor demand sentiments in non-commercial sectors. Hence, market stakeholders are taking advantage of government grants to strategically-allocate their working capital.