UK Portable EV Charger Market Size, Trends & Growth Opportunity, By Product Type (Standard Charging, Fast Charging, DC Fast Charging, Others), By Energy Source (AC Chargers, DC Chargers, Others), By End Users (Residential, Commercial, Industrial), By Region and Forecast till 2030.
Report ID : IR1002005 | Industries : Energy & Power | Published On :September 2024 | Page Count : 195
UK Portable EV Charger Market Size, Trends & Growth Opportunity, By Product Type (Standard Charging, Fast Charging, DC Fast Charging, Others), By Energy Source (AC Chargers, DC Chargers, Others), By End Users (Residential, Commercial, Industrial), By Region and Forecast till 2030.
UK Portable EV Charger Market
The UK Portable EV Charger Market report provides an in-depth analysis of the market size, trends, and forecasts from 2024 to 2030. In 2024, the market is valued at USD 612.42 million and is projected to reach USD 4986.0 million by 2030, growing at a compound annual growth rate (CAGR) of 30.70% during the forecast period.
Market Drivers:
- Rising Adoption of Electric Vehicles (EVs): The growing popularity of electric vehicles in the UK, driven by government incentives, stringent emissions regulations, and increasing environmental awareness, is significantly boosting demand for portable EV chargers.
- Need for Flexible Charging Solutions: The lack of widespread public charging infrastructure, particularly in rural and semi-urban areas, is driving demand for portable EV chargers that offer flexibility and convenience for EV owners.
- Technological Advancements in Charger Design: Innovations in battery technology, faster charging capabilities, and compact, user-friendly designs are enhancing the appeal of portable EV chargers among consumers and businesses.
- Supportive Government Policies: Government initiatives aimed at expanding the EV charging network, including grants for home and on-the-go charging solutions, are propelling market growth.
Market Restraints:
- High Initial Costs: The high initial investment associated with advanced portable EV chargers, especially those with fast-charging capabilities, can be a deterrent for some consumers.
- Charging Speed Limitations: Portable chargers typically offer slower charging speeds compared to fixed public chargers, which may not be ideal for all EV users, particularly those with high daily mileage.
- Compatibility and Safety Concerns: Compatibility issues with different EV models and concerns about the safety and reliability of portable chargers, especially in adverse weather conditions, can hinder market adoption.
Regional Growth Insights:
- England: England is the largest market, driven by high EV adoption rates, significant urban EV penetration, and ongoing investment in charging infrastructure. Major cities like London, Manchester, and Birmingham are key growth hubs for portable EV chargers.
- Scotland: Scotland is witnessing rapid growth due to supportive government policies, grants for home chargers, and a strong push towards greener transportation solutions, particularly in urban and semi-urban areas.
- Wales and Northern Ireland: These regions are gradually catching up, with increasing investments in EV infrastructure and growing consumer interest in portable charging solutions to address charging accessibility gaps.
Key Players:
- ABB Ltd.
- ChargePoint, Inc.
- Tesla Inc.
- Shell EV Charging Solutions UK Ltd.
- BP Pulse
- Star Charge
- EVgo Services LLC
Recent Developments:
- Product Innovations and Launches: Companies are launching new portable EV chargers with improved portability, enhanced charging speeds, and advanced safety features, catering to the growing needs of the UK market.
- Strategic Partnerships and Collaborations: Key market players are forming strategic alliances with automotive companies, retailers, and charging network providers to expand their reach and offer integrated charging solutions.
- Expansion of Charging Networks: Initiatives to expand the charging network, including pop-up and mobile charging solutions in urban areas and events, are supporting the market for portable EV chargers.
- Focus on Sustainability: Manufacturers are emphasizing the development of eco-friendly chargers with low energy consumption and recyclable components, aligning with the UK’s sustainability goals.
UK Portable EV Charger Market TOC:
1. Introduction
a. Objective of the Study
b. Market definition
c. Market Scope
2. Executive Summary
3. UK Portable EV Charger Market Outlook
a. Overview
b. Market Dynamics
c. Drivers
d. Restraints
e. Opportunities
f. Porters Five Force Model
g. Value Commercial Vehicles Analysis
4. UK Portable EV Charger Market, By Service Type
a. Y-o-Y Growth Comparison, By Service Type
b. UK Portable EV Charger Market Share Analysis, By Service Type
c. UK Portable EV Charger Market Size and Forecast, By Service Type
i. Gas-fuelled Charger
ii. Battery EV Charger
5. UK Portable EV Charger Market, By Product Type
a. Y-o-Y Growth Comparison, By Product Type
b. UK Portable EV Charger Market Share Analysis, By Product Type
c. UK Portable EV Charger Market Size and Forecast, By Product Type
i. Level 1 Chargers (Standard Charging)
ii. Level 2 Chargers (Fast Charging)
iii. Level 3 Chargers (DC Fast Charging)
6. UK Portable EV Charger Market, By Energy Source
a. Y-o-Y Growth Comparison, By Energy Source
b. UK Portable EV Charger Market Share Analysis, By Energy Source
c. UK Portable EV Charger Market Size and Forecast, By Energy Source
i. AC Chargers
ii. DC Chargers
7. UK Portable EV Charger Market, By Power Output
a. Y-o-Y Growth Comparison, By Power Output
b. UK Portable EV Charger Market Share Analysis, By Power Output
c. UK Portable EV Charger Market Size and Forecast, By Power Output
i. Up to 3 kW
ii. 3-22 kW
iii. Above 22 kW
8. UK Portable EV Charger Market, By Distribution Channel
a. Y-o-Y Growth Comparison, By Distribution Channel
b. UK Portable EV Charger Market Share Analysis, By Distribution Channel
a. UK Portable EV Charger Market Size and Forecast, By Distribution Channel
i. Online
ii. Offline
9. UK Portable EV Charger Market, By End-User
a. Y-o-Y Growth Comparison, By End-User
b. UK Portable EV Charger Market Share Analysis, By End-User
c. UK Portable EV Charger Market Size and Forecast, By End-User
i. Residential
ii. Commercial
iii. Industrial
10. Competition Analysis
a. Competition Dashboard
b. Market Share Analysis of Top Vendors
c. Key Development Strategies
11. Company Profiles
a. ABB Ltd.
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
b. ChargePoint, Inc.
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
c. Tesla Inc.
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
i. Key Strategies
d. Shell EV Charging Solutions UK Ltd.
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
i. Key Strategies
e. BP Pulse
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
i. Star Charge
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
k. EVgo Services LLC
i. Overview
ii. Offerings
iii. Key Financials
iv. Business Segment & Geographic Overview
v. Key Market Developments
vi. Key Strategies
ii. 12. Assumptions and Acronyms Used
iii. 13. Research Methodology