Saudi Arabia Portable Electric Vehicle Charger Market Size, 2018-2030, By Application
| Label | Current Type | AC | DC |
|---|---|---|---|
| 2018 | 2018 USD Mn | 0.19 USD Mn | 0.87 USD Mn |
| 2019 | 2019 USD Mn | 0.21 USD Mn | 0.98 USD Mn |
| 2020 | 2020 USD Mn | 0.23 USD Mn | 1.12 USD Mn |
| 2021 | 2021 USD Mn | 0.25 USD Mn | 1.19 USD Mn |
| 2022 | 2022 USD Mn | 0.27 USD Mn | 1.35 USD Mn |
| 2023 | 2023 USD Mn | 0.31 USD Mn | 1.57 USD Mn |
| 2024 | 2024 USD Mn | 0.36 USD Mn | 1.83 USD Mn |
| 2025 | 2025 USD Mn | 0.42 USD Mn | 2.16 USD Mn |
| 2026 | 2026 USD Mn | 0.49 USD Mn | 2.57 USD Mn |
| 2027 | 2027 USD Mn | 0.58 USD Mn | 3.11 USD Mn |
| 2028 | 2028 USD Mn | 0.7 USD Mn | 3.81 USD Mn |
| 2029 | 2029 USD Mn | 0.85 USD Mn | 4.71 USD Mn |
| 2030 | 2030 USD Mn | 1.04 USD Mn | 5.86 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The 2030, By Current Type portion of the Saudi Arabia Portable Electric Vehicle Charger Market Size, 2018 market is on a steady long-term growth path. Segment value stands at roughly USD 2029 Mn in 2026 and is projected to reach USD 2037 Mn by 2030 — a gain of about 0% over the forecast period, translating to a CAGR in the low single digits.
- The demand for Portable Electric Vehicle (EV) Chargers in Saudi Arabia has been steadily increasing in recent years. As the country continues to prioritize sustainability and reduce its dependence on fossil fuels, the market for EVs has also seen a significant rise.
- What the regional split looks like (2026): Current Type leads, holding roughly 100% of segment value — the single largest regional share. DC is the second-largest contributor. AC make up the remainder, in descending order.
- By 2030, Current Type alone is expected to reach USD 2030 Mn, with DC at USD 6 Mn.
Market Dynamics
The demand for Portable Electric Vehicle (EV) Chargers in Saudi Arabia has been steadily increasing in recent years. As the country continues to prioritize sustainability and reduce its dependence on fossil fuels, the market for EVs has also seen a significant rise. This, in turn, has led to a growing demand for portable EV chargers that allow for convenient and easy charging of these vehicles. One of the factors driving the demand for portable EV chargers in Saudi Arabia is the country's ambitious target of having 10% of its energy needs met by renewable sources by 2025. As part of this goal, the government has been actively promoting the adoption of EVs as a more environmentally friendly mode of transportation. This has been reflected in the increasing number of EV charging stations being set up across the country, creating a need for portable chargers that can be used at home or on-the-go. Another factor contributing to the demand for portable EV chargers is the rise in consumer awareness and adoption of electric vehicles.
The government's efforts to promote EVs, along with rising concerns about air pollution and climate change, have led to an increase in consumer interest and demand for eco-friendly modes of transportation. This, coupled with the convenience and ease of using portable EV chargers, has further fueled the demand for these devices. The growth of the tourism industry in Saudi Arabia has also played a role in driving the demand for portable EV chargers. The country's focus on sustainable development has made it an attractive destination for eco-tourism. As a result, there has been an increase in the number of tourists opting for electric rental cars, creating a need for portable chargers to cater to their charging needs. When it comes to the current types of portable EV chargers in the Saudi Arabian market, most of the demand is for Alternating Current (AC) chargers. These are commonly used for charging at home or at public charging stations, providing a slower but more affordable charging option. However, with the government's plans to expand the country's EV infrastructure, there is also a growing demand for Direct Current (DC) fast chargers.
These are more expensive but offer faster charging times, making them ideal for on-the-go usage. In conclusion, the demand for portable EV chargers in Saudi Arabia is driven by various factors such as government initiatives, consumer awareness, and the growth of the tourism industry. As the country continues to prioritize sustainability and reduce its reliance on traditional energy sources, the market for portable EV chargers is expected to grow significantly in the coming years.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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