Report Ocean introduces a fresh report examining the Portable EV Charger Market, encompassing its size, share, growth, industry trends, and forecast up to 2032. This comprehensive analysis delves into various industry components and growth patterns that offer valuable insights for anticipating the market’s future trajectory.
Obtain a comprehensive report on the Portable EV Charger Market, which includes a full table of contents, over 200 tables and figures, and charts. The report provides precise information on the market before and after the COVID-19 outbreak, segmented by region.
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Global Portable EV Charger Market is valued at approximately USD 29.94 million in 2021 and is anticipated to grow with a healthy growth rate of more than 20.1% over the forecast period 2022-2029. Portable EV Charger is a transportable charging unit that may be used to charge the vehicle anywhere, and when an electric vehicle is not at home or at a nearby charging station. The issue of access to charge points can be solved simply and efficiently using portable electric vehicle chargers. Because it can be transported with the user and was designed exclusively for mobile charging of EVs, it differs from a permanent EV charger. Portable EV chargers were created for use at home, work, events, or other places without access to charging stations. The increasing adoption of electric vehicles and limited availability of electric vehicle charging points are key factors accelerating the market growth.
The adoption of electric vehicles is rapidly increasing due to rise in crude oil prices, and incentives & subsidiaries offered on sales of electric vehicles. For instance – as per International Energy Agency (IEA) estimates – in 2020, globally around 3 million units of electric cars were sold, and this number further reached 6.6 million units in 2021. In addition, in China, electric car sales nearly tripled in 2021 to 3.3 million, and the region accounted for half of the global electric cars sale. Europe also witnessed 65% increase in electric cars sale with around 2.3 million sold in 2021 and the United States’ electric car sales reached 630 000 units in 2021. Also, growing emergence of mobile charging as a service and rising trend of shared mobility would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Portable EV Chargers stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Portable EV Charger Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the dominance of leading regional market players and increasing adoption of electric vehicles in the region. Whereas Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of electric and plug-in hybrid vehicles as well as favorable initiatives from government authorities to increase penetration of electric vehicles in the region.
Major market players included in this report are:
JTM Power Limited
Evteq Mobility Private Limited
Heliox Energy
Guangzhou Electway Technology Co., Ltd
Blink Charging Co.
Power Sonic Corporation
Shenzhen SETEC Power Co., Ltd.
ZipCharge Limited
SparkCharge
Free Wire Technologies, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Type
AC
DC
By Application
Passenger Cars
Commercial Vehicles
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Reasons to Consider Purchasing the Portable EV Charger Market Report:
Comprehensive Market Insights: Delve into the depths of the Portable EV Charger Market Report to gain an all-encompassing and meticulous analysis of the market landscape. Uncover details such as market size, share, trends, and growth catalysts, which provide invaluable perspectives on both the present market scenario and its promising future prospects.
Reliable Projections: Rely on the report’s dependable forecasts and projections, which are underpinned by rigorous research methodologies, insights into industry expenditures, and assessments of market expansion rates. These foresights empower businesses to make well-informed decisions and chart out effective strategies for the times ahead.
In-depth Competition Analysis: Equip yourself with an extensive evaluation of key market players, their array of products, and the strategies they employ. This comprehensive understanding arms businesses with the knowledge needed to not only comprehend their rivals but also to craft strategies that position them ahead in the dynamic market arena.
Clear Market Scope and Segmentation: Gain clarity on the broad expanse of the market through the report’s clear delineation of market scope. With detailed insights into diverse market segments and their growth potential, businesses can discern and capitalize on opportunities that align with their objectives.
Insightful Regional Examination: Assess the market’s performance across different regions, enabling enterprises to pinpoint lucrative markets and tailor their approaches accordingly. With region-specific insights, businesses can adapt strategies that resonate with the unique dynamics of each area.
Evaluation of Industry Technology: Grasp the pulse of technological progress within the Portable EV Charger market. The report dissects cutting-edge advancements and trends, providing businesses with a window into emerging technologies that have the potential to reshape the industry.
Dynamics of Supply and Demand: Acquire a profound comprehension of supply-demand dynamics. This understanding empowers businesses to optimize production, distribution, and inventory management processes, resulting in enhanced operational efficiency.
Informed Investment Decision Making: Leverage the report’s critical information and data-driven insights to facilitate informed investment choices within the Portable EV Charger market. Equipped with this knowledge, businesses can confidently allocate resources to avenues with the greatest potential for returns.
Unveiling Long-Term Growth Avenues: Through the scrutiny of trends and growth stimulants, the report illuminates the enduring opportunities the Portable EV Charger market holds. By identifying these sustainable growth prospects, businesses are poised to set a course for lasting success.
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