Dublin, Aug. 22, 2022 (GLOBE NEWSWIRE) — The “Electric Vehicle Mobile Charging Market – Global Industry Size, Share, Trends, Opportunities and Forecast, 2017-2027 Segmented by Vehicle Type, Type, Connector Type, Charging Time and Region” report has been added to from ResearchAndMarkets.com offer.
The global electric vehicle mobile charging market is expected to grow at a formidable rate during the forecast period 2023-2027
The growth of the market can be attributed to the growing demand for zero-emission vehicles and the strict emission standards and regulations introduced by the government to reduce carbon emissions. Additionally, increasing advancements in battery charging technology and expanding electric vehicle charging infrastructure are propelling the growth of the global electric vehicle mobile charging market.
Growing environmental concerns, rising pollution levels and the depletion of traditional energy sources are driving the global production and sales of electric vehicles. Since gasoline is a fossil fuel, it is expected to run out soon. Growing awareness of the benefits of sustainability is making it easier to use alternative fuel sources.
Electric vehicles are more cost effective and do not emit harmful pollutants that harm the environment. Rising gasoline and diesel prices and strong demand for fuel-efficient vehicles are expected to boost the production and sales of electric vehicles during the forecast period.
ICE engines are used to generate power in conventional gasoline vehicles. It burns traditional fuels and emits greenhouse gases as by-products, causing pollution and rapid climate change. Meanwhile, because electric vehicles use an electric motor to run with a constant power supply, they don’t emit harmful pollutants.
Major governments around the world, including the United States, China and India, have imposed strict emissions regulations on automakers, requiring them to use advanced technologies to reduce pollution caused by automobiles. The government also provides subsidies and income tax reductions to manufacturers and buyers of electric vehicles, such as the FAME-India scheme, which aims to incentivize buyers of electric vehicles based on battery capacity.
Increased investment by major authorities in the development of charging infrastructure to make charging accessible to passengers is expected to promote electric vehicles. In 2021, more than 298,900 electric vehicle charging stations have been installed worldwide. Consumers are still hesitant to buy electric vehicles due to the scarcity of charging stations.
They prefer to avoid the inconvenience of having to stop to refuel while driving a car. Mobile EV charging allows customers to charge their electric vehicles from the comfort of their own home. Growing demand for better battery technologies in electric vehicles is expected to drive global demand for mobile electric vehicles.
Segmentation of the global EV mobile charging market can be based on vehicle type, connector type, charging time, regional distribution, and company. Based on connector type, the EV mobile charging market can be divided into Type 2, Type 1, UK 3 pin, CHAdeMO, CCS and others.
The CCS segment is expected to register the fastest growth in the connector segment, due to the adoption by a large number of automotive manufacturers.
Goal of the study:
- To analyze the historical growth of the global EV mobile charging market size from 2017 to 2021.
- To estimate and forecast the global Electric Vehicle Mobile Charging market size from 2023 to 2027 and the growth rate till 2027.
- To classify and forecast the global electric vehicle mobile charging market based on vehicle type, type, connector type, charging time, region and company.
- To identify the dominant region or segment in the global EV Mobile Charging market.
- Identify drivers and challenges in the global electric vehicle mobile charging market.
- Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global EV Mobile Charging Market.
- To identify and analyze the profiles of key players operating in the global EV Mobile Charging Market.
- To identify the key sustainable strategies adopted by market players in the global Electric Vehicle Mobile Charging Market.
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in the global EV mobile charging market.
- SparkCharge
- Hopcharge
- Re:Start Load Services Pty. ltd.
- Ez4EV Pvt Ltd
- Alliance for Sustainable Energy LLC.
Report scope
Years considered for this report:
- Historical years: 2017-2020
- Base year: 2021
- Estimated year: 2022
- Forecast period: 2023-2027
Electric vehicle mobile charging market, by vehicle type:
- Two wheels
- Passenger car
- commercial vehicle
EV Mobile Charging Market, By Type:
EV Mobile Charging Market, By Connector Type:
- Type 2
- Type 1
- UK 3 pin
- CHAdeMO
- CCS
- Others
EV mobile charging market, by charging time:
EV Mobile Charging Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- India
- Japan
- Malaysia
- Thailand
- Indonesia
- Vietnam
- South Korea
- Europe & CIS
- Germany
- France
- UK
- Spain
- Italy
- Belgium
- Russia
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- United Arab Emirates
- Saudi Arabia
- Egypt
For more information on this report, visit https://www.researchandmarkets.com/r/u68a51
