Global Portable EV Charger Market Set for 20.1% CAGR, Hitting $388.9 Million by 2035 | AMR

WILMINGTON, NEW CASTLE, DE, UNITED STATES, November 29, 2024 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Portable EV Charger Market by Type (AC and DC), and Application (Passenger Cars and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2025–2035". According to the report, the global portable EV charger industry is expected to generate $63.2 million in 2025 and is anticipated to generate $388.9 million in 2035, witnessing a CAGR of 20.1% from 2026 to 2035.

𝐆𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/A47223

𝐓𝐡𝐞 𝐩𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐜𝐚𝐫𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝 𝐩𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on application, the passenger cars segment is expected to account for the largest share in 2025, accounting for more than three-fourths of the global portable EV charger market, and is projected to maintain its lead position during the forecast period. There is an increase in the development of portable electric vehicle chargers for passenger vehicles to reduce mileage and range anxiety among consumers. The rise in demand for electric passenger vehicles owing to the increase in awareness of environmental impacts due to emissions of greenhouse gases, and the implementation of favorable government policies support the growth of this segment. However, the commercial vehicle segment is expected to portray the highest CAGR of 22.1% from 2026 to 2035.

𝐓𝐡𝐞 𝐃𝐂 𝐩𝐨𝐫𝐭𝐚𝐛𝐥𝐞 𝐄𝐕 𝐜𝐡𝐚𝐫𝐠𝐞𝐫 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐬𝐭𝐚𝐭𝐮𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝

Based on type, the DC portable EV charger segment is expected to hold the highest market share in 2025, accounting for nearly three-fourths of the global portable EV charger market, and is estimated to maintain its leadership status throughout the forecast period. With a DC charger, direct current is supplied directly to the battery, bypassing the onboard charger. DC fast charging is essential for high-mileage heavy vehicles. The rise in the need for portable anytime/anyplace charging drives the growth of DC chargers in the market. It is also projected to manifest the highest CAGR of 20.7% from 2026 to 2035.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/portable-ev-charger-market/purchase-options

𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐭𝐨 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐢𝐭𝐬 𝐝𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 𝐛𝐲 𝟐𝟎𝟑𝟓

Based on region, Asia-Pacific is expected to hold the highest market share in terms of revenue in 2025, accounting for more than two-fifth of the global portable EV charger market, and is likely to dominate the market during the forecast period. Asia-Pacific possesses high market potential owing to the rapid upsurge in the number of electric vehicles in countries such as China, India, and Japan. Several government initiatives for the development of electric vehicle charging are expected to boost the growth of the portable EV charger market in this region. Moreover, huge investments in the expansion of the electric vehicle industry are expected to drive the growth of the market. However, the Europe region is expected to witness the highest CAGR of 21.2% from 2026 to 2035.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

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
FreeWire Technologies, Inc

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/A47223

𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨 :

The outbreak of the Covid-19 pandemic led to the closing of international borders and disruption in the supply chain, which reduced demand for electric vehicles worldwide, thereby leading to decreased demand for portable EV chargers.

The pandemic resulted in a continued reduction in the adoption of portable electric vehicle chargers due to nationwide lockdowns and a slowdown in shipments due to temporary closures of manufacturing facilities. The COVID-19 pandemic halted overall nationwide mobility.

The automotive industry has been affected by the COVID-19 pandemic, and the disruption negatively impacted the demand for electric vehicles which further reduced the growth of the portable electric vehicle charger market.

However, with ease in COVID-19 restrictions, the global portable EV charger market is expected to experience growth on account of the rise in the adoption of electric vehicles and the introduction of stringent emission regulations by countries across the world.

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David Correa
Allied Market Research
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