What is Portable Electric Vehicle Chargers Market?
Electric vehicle (EV) chargers are used to provide charging to electric vehicles with a battery and the electrical source that helps to charge the battery. Further, several policies have been deployed by the various governments across the globe to cater to environmental conditions. For instance, Electric Vehicle Initiative (EVI), a multi-firm government policy forum established in 2009 under Clean Energy Ministerial (CEM), helped the key players to accelerate the deployment of electric vehicles worldwide.
The market study is being classified by Type (AC Charging and DC Fast Charging) and major geographies with country level break-up.
Blink Charging Co (United States), SparkCharge (United States), ClipperCreek (United States), IES Synergy (France), FreeWire Technologies(United States), Tesla (United States), Delphi (United States), Zencar (United States), Mustart (United States) and Aerovironment Inc (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Portable Electric Vehicle Chargers market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Portable Electric Vehicle Chargers market by Type, Application and Region.
On the basis of geography, the market of Portable Electric Vehicle Chargers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Government policies and subsidies
- Increasing vehicle range per charge
Market Trend
- The government regulations to limit environmental pollution
- Use of Vehicle-To-Grid (V2G) EV charging stations for electric vehicles
Restraints
- Lack of Adoption in Rural Areas
Opportunities
- The increase in market penetration of electric vehicles
- EV charging stations powered by renewable sources
Challenges
- The lack of awareness related to the Technology
Market Leaders and some development strategies
On 20th April 2021, ev Transportation Services Inc., an electric vehicle manufacturer focused on the essential services and urban mobility markets, today announced it has entered into a reseller agreement with Blink Charging, a leading electric vehicle supply equipment (EVSE) company that designs, manufactures, owns and operates EV charging products and services.
On 6th April 2020, Blink Charging Co., a leading owner and operator of electric vehicle (EV) charging equipment and services, announced the launch and immediate availability of its innovative new mobile EV charging station.
Key Target Audience
Suppliers, Government Regulatory bodies, Private Research Organization, Government Research Organizations and Others