Global Mobile EV Charger Market Growth 2023-2029
According to our (LP Info Research) latest study, the global Mobile EV Charger market size was valued at US$ million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War, the Mobile EV Charger is forecast to a readjusted size of US$ million by 2029 with a CAGR of % during review period.
The research report highlights the growth potential of the global Mobile EV Charger market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Mobile EV Charger are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Mobile EV Charger. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Mobile EV Charger market.
A mobile EV charger, also known as a portable EV charger or EV charging cable with built-in charging capabilities, is a device used to charge electric vehicles (EVs) on the go. It allows EV owners to charge their vehicles at locations where fixed charging infrastructure is not available or when they need to charge away from home or designated charging stations.
A mobile EV charger typically consists of a charging cable with connectors on both ends—one end plugs into the EV's charging port, while the other end is connected to a power source. The power source can be a standard electrical outlet or a generator, providing the necessary electricity to charge the vehicle's battery.
Mobile EV chargers are compact, lightweight, and designed for portability. They are often designed with features such as durable construction, weatherproofing, and safety mechanisms to ensure reliable and safe charging.
These chargers offer flexibility and convenience, allowing EV owners to charge their vehicles wherever there is access to a compatible power source. They are particularly useful for long-distance travel, emergencies, or situations where EV owners need to charge their vehicles in remote locations or areas with limited charging infrastructure.
The EV charging market is building a whole new infrastructure, which will be tightly integrated with electricity distribution networks. Building such an infrastructure does not happen overnight. With a compound annual growth in the range of 30% that infrastructure will become a significant player in its own rights before long. Looking towards 2024, we will see > 5Mio charging points in Europe and > 2 Mio in North America.
Use of installed charging points is accelerating, in some cases doubling every year. The faster this acceleration, the more the new infrastructure will depend on highly available and secure IoT connectivity. It is a truly mission-critical infrastructure, and for this reason, Charging Point Operators are requesting the best possible connectivity at each location.
Electric vehicle charging is an integral part of the total ecosystem. Charging Point Operators, Mobility Service Providers (Charging Service Providers), Electricity Distribution System Operators and Energy Service Providers stand to benefit from data generated by charging infrastructures. As are service providers of shared e-car or micromobility services, automotive OEMs, car parking operators, logistic hubs of all kinds, battery vendors moving towards a “Battery as a Service” business model, and others.
The EV charging market is building a whole new infrastructure, which will be tightly integrated with electricity distribution networks. Building such an infrastructure does not happen overnight. With a compound annual growth in the range of 30% that infrastructure will become a significant player in its own rights before long. Looking towards 2024, we will see > 5Mio charging points in Europe and > 2 Mio in North America.
Use of installed charging points is accelerating, in some cases doubling every year. The faster this acceleration, the more the new infrastructure will depend on highly available and secure IoT connectivity. It is a truly mission-critical infrastructure, and for this reason, Charging Point Operators are requesting the best possible connectivity at each location.
Electric vehicle charging is an integral part of the total ecosystem. Charging Point Operators, Mobility Service Providers (Charging Service Providers), Electricity Distribution System Operators and Energy Service Providers stand to benefit from data generated by charging infrastructures. As are service providers of shared e-car or micromobility services, automotive OEMs, car parking operators, logistic hubs of all kinds, battery vendors moving towards a “Battery as a Service” business model, and others.
Key Features:
The report on Mobile EV Charger market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Mobile EV Charger market. It may include historical data, market segmentation by Type (e.g., Level 1 Mobile Charger, Level 2 Mobile Charger), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Mobile EV Charger market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Mobile EV Charger market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Mobile EV Charger industry. This include advancements in Mobile EV Charger technology, Mobile EV Charger new entrants, Mobile EV Charger new investment, and other innovations that are shaping the future of Mobile EV Charger.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Mobile EV Charger market. It includes factors influencing customer ' purchasing decisions, preferences for Mobile EV Charger product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Mobile EV Charger market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Mobile EV Charger market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Mobile EV Charger market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Mobile EV Charger industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Mobile EV Charger market.
Market Segmentation:
Mobile EV Charger market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Level 1 Mobile Charger
Level 2 Mobile Charger
Battery Powered Mobile Chargers
Segmentation by application
Residential Charging
Commercial Charging
Public Charging
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NRGkick
Zencar
go-e
Mustart
OpenEVSE
ChargeAmps
SparkCharge
EVESCO
FreeWire Technologies
Kempower
Blink
ReStart
Khons Technology
Shenzhen EN Plus Technologies
Renhotec
Teison Energy Technology
AG Electrical
Kinouwell
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mobile EV Charger market?
What factors are driving Mobile EV Charger market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mobile EV Charger market opportunities vary by end market size?
How does Mobile EV Charger break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.