Canada Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Synopsis
The above chart is Canada Portable Electric Vehicle Charger Market Size, 2018-2030, By Current Type (USD Million)
Market Dynamics
the demand for portable electric vehicle (ev) chargers in canada has been witnessing a rapid growth in recent years. with the increasing adoption of evs and government initiatives to promote the use of alternative fuel vehicles, the canadian portable ev charger market size has been expanding significantly.
one of the key factors driving the demand for portable ev chargers in canada is the rising number of evs on the road. according to the international energy agency, canada had nearly 120,000 evs on the road in 2020, with sales increasing by 160% compared to the previous year. this increasing number of evs has led to an increased demand for portable ev chargers, as they provide a convenient and efficient charging option for ev owners, especially for those who do not have access to a designated charging station at home.
the availability of government subsidies and incentives for the purchase of evs has also contributed to the growth of the portable ev charger market in canada. the canadian government's incentive programs, such as the izev (incentives for zero-emission vehicles) program, provide financial support to individuals and businesses for the purchase of evs and ev charging infrastructure. this has spurred the demand for portable ev chargers, as more ev owners are looking for affordable and accessible charging options.
the demand for different types of portable ev chargers in canada is also on the rise. there are three main types of portable ev chargers based on the current type - ac level 1, ac level 2, and dc fast chargers. ac level 2 chargers, which are compatible with most evs and provide faster charging than ac level 1 chargers, are expected to dominate the canadian market due to their widespread adoption.
moreover, the increasing focus on sustainable and eco-friendly transportation solutions is another significant factor driving the demand for portable ev chargers in canada. as the country aims to reduce its carbon footprint and transition towards a greener future, the demand for evs and their associated charging infrastructure is expected to continue to grow.
in conclusion, the demand for portable ev chargers in canada is on a steady rise, fueled by factors such as the increasing adoption of evs, government incentives, and the need for sustainable transportation. with the growing awareness and support for evs, the canadian portable ev charger market size is expected to expand further in the coming years.