Press release
Portable EV Charger Market Expected to Reach $388.9 Million by 2035-Allied Market Research
Rising consumer demand for electric vehicles, and favorable government initiatives to promote electric vehicles are driving rapid growth in electric vehicle sales in the UK. Moreover, there is a rise in the production of electric vehicles to cater to the increasing demand of customers. Moreover, manufacturers are developing mobile charging systems to reduce the load on the grid. For instance, in February 2022, ZipCharge, a UK-based developer of portable electric vehicle chargers, announced the launch of Zipcharge Go, a portable charging unit for its electric vehicle infrastructure. The modular and portable charging solution can be used at any location. Such developments are expected to propel the growth of the market.๐ถ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/47697
According to a new report published by Allied Market Research, titled, "Portable EV Charger Market," The portable EV charger market would be valued at $63.20 million in 2025, and is estimated to reach $388.9 million by 2035, growing at a CAGR of 20.1% from 2026 to 2035.
Europe is expected to experience significant growth during the forecast period. Europe comprises the UK, Germany, France, Italy, and rest of Europe. Increasing electric vehicle sales across the region is one of the major factors driving the growth of the portable electric vehicle charger market. Consumer preference is rapidly shifting to electric passenger cars and commercial electric vehicles due to increased environmental awareness, which is expected to drive the growth of the market.
Furthermore, the demand for battery electric vehicles and plug-in hybrid vehicles is expected to increase during the forecast period. In addition, the increase in the adoption of electric vehicles owing to stringent government regulations to curb environmental pollution is projected to boost the demand for portable EV chargers in Europe.
On the basis of type, the global portable EV charger market has been segmented into AC and DC. The DC segment is expected to experience significant growth during the forecast period. DC fast charging is essential for high mileage, high fleet, and heavy vehicles. The rise in the need for portable anytime/anyplace charging drives the growth of DC chargers in the market. In August 2019, Sparkcharge launched a portable and scalable DC fast charging unit. The company states that the portable charging unit can charge an EV at a rate of one mile per minute of charging. Moreover, the increase in demand for fast charging among consumers is expected to boost the growth of the segment in the market.
๐ถ๐๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ - https://www.alliedmarketresearch.com/portable-ev-charger-market/purchase-options
With the rise in fuel prices, the trend toward battery-powered vehicles is growing rapidly in Germany. The government of Germany focuses on developing charging technologies for electric vehicles and plug-in hybrids. Moreover, according to the International Council on Clean Transportation, new passenger electric vehicle registrations are expected to reach penetration of 35% and 50% by 2030 in each of the 69 German metropolitan areas and 13 nonmetropolitan areas in German states. Therefore, an increase in demand for portable electric vehicle chargers is expected to sustain this vehicle growth. In addition, the rise in popularity of electric vehicle fast-changing technology, and the growing prevalence of range anxiety among EV users are the factors driving the growth of the market in the country.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐
โถBy type, the DC segment is anticipated to exhibit significant growth in the future.
โถBy application, the commercial vehicles segment is anticipated to exhibit significant growth in the future.
โถBy region, Europe is anticipated to register the highest CAGR during the forecast period.
Many manufacturers deliver membership-based services that provide roadside assistance and mobile charging solutions to customers. Moreover, numerous electric vehicles charging solution providers use portable electric vehicle chargers for commercial purposes to offer a seamless charging experience to its customers. For instance, Sparkcharge provides Mobile-Charging-as-a-Service (M-CaaS) with portable electric vehicle chargers.
๐ถ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/47697
๐๐ข๐ฌ๐ญ ๐๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:-
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, and FreeWire Technologies, Inc.
๐๐๐ฏ๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ง๐ ๐๐ฒ๐๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ฌ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ฆ๐๐ข๐ง
๐๐๐-๐๐ข๐ ๐ก๐ฐ๐๐ฒ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ - https://www.alliedmarketresearch.com/off-highway-electric-vehicle-market-A08770
๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ ๐๐ญ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ - https://www.alliedmarketresearch.com/electronic-stability-control-market-A10765
๐๐ฒ๐๐ซ๐จ๐ ๐๐ง ๐๐จ๐ฐ๐๐ซ๐๐ ๐๐ง๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ - https://www.alliedmarketresearch.com/hydrogen-powered-engine-market-A07807
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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