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The Portable EV Charger Market size is predicted to reach USD 335.2 million with a CAGR of 27.5% till 2030. The growing adoption of electric vehicles is creating a demand for portable chargers, which is boosting the market growth.
Overview
The EV charging industry with significant growth of charging infrastructure, including the portable EV charger market. Moreover, governments worldwide are actively promoting the adoption of electric mobility as part of their efforts to combat climate change and reduce green-house gas emission across multiple regions.
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Furthermore, introduction of advanced technology such as wireless portable EV chargers and others are boosting the growth of the portable EV charger market. Wireless chargers offer flexibility, enabling users to charge their vehicles effortlessly in various locations without the need for fixed charging stations. However, the slower charging of these chargers compared to dedicated charging stations making them less practical for long journeys is restraining the market.
Asia-Pacific region holds the dominating share in the portable EV charger market during the forecast period, due to the increasing government initiatives to promote electric vehicles adoption in countries.
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About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider committed to delivering high-quality market research reports. We assist multinational companies in gaining a competitive edge and expanding their industry presence by capturing a larger market share. Our research methodology combines primary research, secondary research, data mining, and data analytics to deliver reliable insights.
Over a decade, we have served over 1,000 global customers, including 90% of Fortune 500 companies. Our analysts constantly monitor high-growth markets and uncover hidden opportunities in various sectors. We offer top-quality syndicate and custom research reports across ten different industry verticals, catering to your unique business needs. Our industry-standard delivery solutions, from pre-consultation to after-sales services, ensure an exceptional client experience and support informed strategic decision-making.
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