Portable EV Charger Market Study, 2035
The portable EV charger market globally is anticipated to be worth $63.2 million in 2025 and is expected to grow to $388.9 million by the year 2035, at a CAGR of 20.1% during the period from 2026 to 2035.
A portable electric vehicle charger is a mobile charging unit employed to charge electric vehicles at any given point when the vehicle is not at home or charging points. Portable electric vehicle charging units provide a convenient and space-saving solution for the issue of access to charging points. It is distinct from a fixed EV charger because it can be moved with the consumer and is specifically designed for portable charging of EVs. Portable EV charging units are designed for use at home, office, events, or other places not having access to charging stations.
Portable EV Charger Market Report Highlights
| Aspects | Details |
 Market Size By 2035
|
USD 388.9 million |
 Growth Rate
|
CAGR of 20.1% |
 Forecast period
|
2025 – 2035 |
 Report Pages
|
264 |
 By Type
|
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 By Application
|
|
 By Region
|
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 Key Market Players
|
JTM Power Limited, FreeWire Technologies, Inc., Guangzhou Electway Technology Co., Ltd, Power Sonic Corporation, Heliox Energy, Blink Charging Co., ZipCharge Limited, Evteq Mobility Private Limited, Shenzhen SETEC Power Co., Ltd., SparkCharge |
Increase in sale of electric cars
Transportation is dependent on fossil fuels which has raised air pollution, leading to a steep rise in the occurrence of different respiratory and other diseases among the population worldwide. Hence, the rise in demand for clean transport has encouraged awareness, raised charging points, and eased the use of electric vehicles. There is an increase in the popularity of electric vehicles due to the various benefits offered by electric vehicles over fossil fuel-powered internal combustion vehicles (ICEVs).
Electric vehicles offer benefits like zero tailpipe emissions, no oil dependence, improved fuel efficiency, reduced maintenance, and an improved driving experience. Thus, electric vehicle sales have grown substantially. For example, as per IEA, electric vehicle sales were 6.6 million in 2021. EV sales in the first quarter of 2022 were 2 million, up 75% from the first three months of 2021.
The governments of many nations have implemented various initiatives to increase the manufacturing and adoption of electric vehicles. Governments of different developed and developing nations provide subsidies to consumers for encouraging the use of electric vehicles. For example, in February 2022, the Indian government increased its budgetary support for the scheme for subsidizing the purchase of electric vehicles by three times. These supporting programs and policies of the government have propelled the sales of electric vehicles, which is likely to propel the growth of the market for portable electric vehicle chargers.
Insufficient electric vehicle charging infrastructure
The international market for electric vehicles is likely to expand tremendously. But the demand for electric vehicles has not kept pace with the infrastructure, and the charging stations needed are not as widespread as they should be to make consumers switch to the new green mode of transport. The development of charging infrastructure is still in its infancy. The installation of charging infrastructure is beset with numerous challenges, particularly in cities.
In addition, public charging points, particularly fast charging, are highly capital-costly and come with a long payback. IEA indicates that publicly available chargers rose by 37% in 2021, which is below the growth rate in 2020 (45%) and pre-pandemic deployment rate. Lack of access to effective charging points serves as a significant impediment to electric vehicle purchases.
Charging issues are the biggest obstacle to EV adoption. This is caused by slow charging speeds, inaccessible chargers, charger cost, and vehicle-to-vehicle charging variability. Portable chargers do not need installation and are affordable and convenient to carry. Electric vehicle users can use portable chargers to charge the vehicle at any location. Portable vehicle chargers can solve the charging needs of the customers during the unavailability of charging infrastructure. Hence, insufficient access to charging facilities is likely to propel the demand for the portable electric vehicle charger and propel the market growth.
Lack of standardization of EV charging
Standards have a significant contribution to make to the evolution and application of technology in society and provide a vital basis for extensive market penetration and customer convenience. Charging protocol and device standardization is required to draw new entrants into the construction of charging infrastructure and make charging networks stronger in terms of their ability to boost customer trust in their EV buying choices. Manufacturers have developed charging solutions to distinguish individual brands. An individual charging port design determines individual charging parameters, like voltage and current, based on the chemistry of the battery in order to maximize battery life.
Thus, variability in charging loads underscores the necessity for standardization of electric vehicle charging stations. Some electric vehicle charging stations might accept only particular kinds of voltage. For example, AC chargers supply 120 V AC through Tier 1 chargers and 208/240 V AC through Tier 2 chargers, whereas DC chargers supply rapid charging at 480 VAC. Also, new technologies of charging like fast charging and inductive charging options have become popular which require the right standardization. Thus, the absence of standardization will drive the growth of the market.
