Global Mode 2 Portable Charging Gun Market Growth 2023-2029

Global Mode 2 Portable Charging Gun Market Growth 2023-2029

According to our LPI (LP Information) latest study, the global Mode 2 Portable Charging Gun market size was valued at US$ 245.5 million in 2022. With growing demand in downstream market, the Mode 2 Portable Charging Gun is forecast to a readjusted size of US$ 306.4 million by 2029 with a CAGR of 3.2% during review period.

The research report highlights the growth potential of the global Mode 2 Portable Charging Gun market. Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun. 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 Mode 2 Portable Charging Gun market.

Mode 2 charging involves the use of special cables with integrated protection against AC and DC surges. Unlike Mode 1 charging, Mode 2 charging cables have built-in protection in the cable to prevent the risk of electric shock and fire. Mode 2 charging is currently the most common charging mode for electric vehicles. It charges in alternating current through a household or industrial socket with a protective device integrated into the charging cable. Current and voltage ratings shall not exceed 32A and 250 VAC in a single phase or 32A and 480 VAC in a three-phase installation.

With the rapid rise of the electric vehicle market, portable charging guns have become a highly sought-after charging solution. The portability of these charging guns allows for fast and convenient charging in various situations. Users can charge at home, at their workplace, and even while on the go. Market trends indicate a growing demand for portable charging guns, especially in urban environments where the lack of charging infrastructure has led people to rely more on this flexible charging option. Furthermore, as electric vehicle range continues to improve, users want the ability to quickly top up their batteries when needed, making portable charging guns one of the most promising products in the market.

Key Features:

The report on Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun market. It may include historical data, market segmentation by Type (e.g., National Standard Charging Gun, European Standard Charging Gun), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun industry. This include advancements in Mode 2 Portable Charging Gun technology, Mode 2 Portable Charging Gun new entrants, Mode 2 Portable Charging Gun new investment, and other innovations that are shaping the future of Mode 2 Portable Charging Gun.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Mode 2 Portable Charging Gun market. It includes factors influencing customer ' purchasing decisions, preferences for Mode 2 Portable Charging Gun product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Mode 2 Portable Charging Gun market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Mode 2 Portable Charging Gun 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 Mode 2 Portable Charging Gun market.

Market Segmentation:

Mode 2 Portable Charging Gun 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
National Standard Charging Gun
European Standard Charging Gun
American Standard Charging Gun

Segmentation by application
Pure Electric Vehicle
Plug-In Hybrid Electric Vehicle

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.
Bull Group
ORICO Technologies
China Aviation Optical-electrical Technology
Ruivanda
Shenzhen Busbar Sci-Tech
Kangni New Energy
Suzhou Yeeda New Energy Technology
Shenzhen EN Plus
Shanghai Zhida Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mode 2 Portable Charging Gun market?

What factors are driving Mode 2 Portable Charging Gun market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mode 2 Portable Charging Gun market opportunities vary by end market size?

How does Mode 2 Portable Charging Gun break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.