IMARC Group’s latest report, titled “Portable EV Charger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the portable EV charger market trends. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. the global portable EV charger market size reached US$ 42.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 185.2 Million by 2032, exhibiting a growth rate (CAGR) of 17.73% during 2024-2032.
A portable EV charger is a compact and convenient device designed to recharge electric vehicles (EVs) at various locations. These chargers can be easily transported and used wherever there’s access to a power source. They typically come with adapters to connect to different types of electrical outlets commonly found in homes, offices, or public spaces. Portable EV chargers offer flexibility to EV owners, allowing them to top up their vehicle’s battery while on the go, whether it’s during a road trip, at a friend’s house, or at a remote location without access to traditional charging infrastructure. These chargers are lightweight and user-friendly, making them an essential accessory for EV owners who require a reliable and versatile charging solution. Additionally, they provide peace of mind by ensuring that drivers can replenish their EV’s battery whenever and wherever needed, helping to alleviate range anxiety, and promoting the widespread adoption of electric vehicles.
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Leading Key Players Operating in the Portable EV Charger Industry:
- Blink Charging Co.
- Evteq Mobility Private Limited
- Freewire Technologies Inc
- Guangzhou Electway Technology Co. Ltd
- Heliox Energy Ltd
- JTM Power Limited
- Power-Sonic Corporation
- Shenzhen Setec Power Co. Ltd
Portable EV Charger Market Trends:
The increasing adoption of electric vehicles globally is driving the global market. As more consumers embrace sustainable transportation options and governments implement policies to reduce carbon emissions, the demand for portable EV chargers rises accordingly. Moreover, the growing infrastructure for electric vehicle charging stations contributes to the market’s expansion. Additionally, technological advancements play a pivotal role in shaping the portable EV charger market. Innovations such as faster charging speeds, enhanced safety features, and compatibility with various EV models are driving consumers to invest in portable charging solutions. Furthermore, the rise of electric vehicles in sectors beyond passenger cars, such as commercial fleets and public transportation, fuels the demand for versatile charging options, further boosting the portable EV charger market. Another significant driver is the increasing availability of affordable and compact portable chargers, making them accessible to a broader range of consumers. Additionally, factors such as convenience, portability, and ease of use contribute to the market’s growth, as consumers prioritize products that align with their lifestyles and offer seamless charging experiences.
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Key Market Segmentation:
Type Insights:
- AC
- DC
Application Insights:
- Passengers Cars
- Commercial Vehicles
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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