UK Portable Electric Vehicle Charger Market Size, 2018-2030, By Application
| Label | Battery EV Charger |
|---|---|
| 0.3 | 4.37 USD Mn |
| 0.33 | 4.92 USD Mn |
| 0.36 | 5.58 USD Mn |
| 0.38 | 5.93 USD Mn |
| 0.41 | 6.69 USD Mn |
| 0.47 | 7.71 USD Mn |
| 0.53 | 8.96 USD Mn |
| 0.6 | 10.52 USD Mn |
| 0.7 | 12.5 USD Mn |
| 0.82 | 15.05 USD Mn |
| 0.97 | 18.32 USD Mn |
| 1.16 | 22.55 USD Mn |
| 1.39 | 27.96 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The demand for portable electric vehicle chargers in the UK market has been steadily increasing as more and more people switch to electric vehicles (EVs) for their transportation needs. The market is expected to witness significant growth in the coming years due to the rising sales of electric vehicles and the increasing government initiatives to promote the use of environmentally friendly modes of transportation. Currently, there are various types of portable electric vehicle chargers available in the UK market, including level 1, level 2, and DC fast chargers. The level 1 and level 2 chargers are mainly used for home charging, while the DC fast chargers are used for faster charging on the go. One of the main factors driving the demand for portable electric vehicle chargers is the increasing sales of EVs in the country. According to data from the Society of Motor Manufacturers and Traders (SMMT), the sales of pure battery electric vehicles (BEVs) in the UK increased by 186.7% in 2020 compared to the previous year. This trend is expected to continue in the coming years, further fueling the demand for portable electric vehicle chargers.
Another significant factor contributing to the demand for portable EV chargers is the increasing government support and initiatives. The UK government has set a target to ban the sale of new petrol and diesel cars by 2030, with hybrids to follow by 2035. This has led to a surge in government funding for the development of EV charging infrastructure, including portable chargers. The government's commitment to promoting clean energy and reducing carbon emissions is expected to drive the demand for portable EV chargers in the country. Moreover, the convenience and flexibility offered by portable electric vehicle chargers have also played a vital role in its increasing demand. These chargers allow EV owners to charge their vehicles at their convenience, whether at home, work, or on the go. This convenience factor has made portable chargers a popular choice among EV owners, especially for those living in apartments or urban areas with limited charging options. In conclusion, the demand for portable electric vehicle chargers in the UK market is on the rise due to the increasing sales of EVs, government support and initiatives, and their convenience and flexibility.
As the country shifts towards a greener and more sustainable future, the demand for portable EV chargers is expected to continue to grow 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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