EV Mobile Charging Market: Regional Analysis and Forecast 2017-2027 | Techsci Research

The global market for EV mobile charging is predicted to grow at a steady rate during the forecast period of 2023-2027, as per the TechSci Research report titled "EV Mobile Charging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027". EV mobile chargers are used for charging electric vehicles, including temporary chargers, portable chargers, and charging vans. They are in high demand in areas where the installation of electric vehicle charging stations is not feasible. The market is witnessing growth due to the challenges faced in installing charging infrastructure that can take months to install charging stations due to permit requirements and capacity upgrades. The use of EV mobile chargers is gaining momentum among consumers as they do not require huge infrastructure investments and provide flexibility in charging electric vehicles.

The global EV mobile charging market is expected to witness significant growth in the forecast period, 2023-2027, and is divided into several segments based on vehicle type, type, connector type, charging time, company, and regional distribution.

In terms of vehicle type, the market is categorized into two-wheeler, passenger car, and commercial vehicle. The passenger car segment is expected to hold the largest market share, driven by the rise in private vehicle ownership, increasing consumer purchasing power, and improving living standards. The benefits of owning electric passenger cars, such as lower running and maintenance costs, better performance, and a cleaner environment, are fueling the demand for electric passenger vehicles. Moreover, stringent emission regulations and the introduction of advanced electric vehicle models are expected to further bolster the demand for electric vehicles globally.

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The market is also segmented by type, including AC and DC chargers. The DC type is expected to account for a significant market share in the forecast period due to its ability to fast charge the automobile by supplying electricity directly to the vehicle battery, bypassing the internal charger.

Based on the connector type, the market is divided into type 2, type 1, UK 3-Pin, CHAdeMO, CCS, and others. Type 2 connector type is expected to hold the largest market share in the forecast period due to its faster charging time, increased convenience, and quicker response compared to other connectors.

The market is further segmented based on the charging time into slow and fast segments, with the fast segment expected to account for a significant market share in the forecast period. The ability of fast chargers to protect car batteries and charge car vehicles in a shorter duration is the major factor influencing the demand for EV mobile fast chargers.

Based on the regional analysis, Europe & CIS is expected to dominate the market and maintain its dominance throughout the forecast period due to the presence of major market players and a well-developed infrastructure that supports the adoption of electric vehicles among consumers. The increased production and sales of electric vehicles in the region are creating lucrative opportunities for the growth of the EV mobile charging market.

Major market players operating in the global EV mobile charging market are:

• SparkCharge
• Hopcharge
• Re:Start Charging Services Pty. Ltd.
• Ez4EV Pvt Ltd
• Alliance for Sustainable Energy LLC

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“Mobile charging solutions are promising for corporate and fleet customers, which eliminates the need for the high upfront cost of installing fixed charging infrastructure. The advent of robots capable of mobile charging autonomous vehicles and the rise in on-road electric vehicles, including passenger cars, two-wheelers, and commercial vehicles, is expected to significantly contribute to the market growth. Market players are selling the electric vehicle mobile chargers through the online sales platform, and the rise in the number of market players offering mobile charging solutions to customers are expected to propel the growth of the global EV mobile charging market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“EV Mobile Charging Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle), By Type (AC, DC), By Connector Type (Type 2, Type 1, UK 3-Pin, CHAdeMO, CCS, Others), By Charging Time (Slow, Fast), and By Region”, has evaluated the future growth potential of global EV mobile charging market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global EV mobile charging market.

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